Boeing 737 MAX Grounding Cost Icelandair $100M

Icelandair Boeing 737 MAX 8
Credit: Rob Finlayson

Icelandair estimates the Boeing 737 MAX grounding has cost the airline $100 million to date as the all-Boeing operator plans to reduce capacity for summer 2020. Icelandair president and CEO Bogi Nils Bogason said the MAX grounding has “already had significant adverse effect on the company’s...

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