While regulators contemplate whether Boeing's 737 Max can safely return to the skies, crews have sealed 34 Southwest Airlines jets
The maintenance costs are just the start of Boeing’s financial exposure. The Chicago-based planemaker also faces an estimated $1.4 billion bill for airlines’ canceled flights and lost operating profit if the Max fleet is still grounded by the end of September, said Bloomberg Intelligence analyst George Ferguson.
The challenge of safely pulling hundreds of planes out of storage was among the topics discussed at a summit of global regulators convened by the Federal Aviation Administration in Texas, Daniel Elwell, the agency’s acting chief, told reporters after the meeting Thursday. Southwest, the largest Max operator, is already planning for the plane’s return even though it’s not clear if that is weeks or months away. “It will be a staggered-type return to service,” said Gary Bjarke, director of contract services for the Dallas-based carrier.
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