Flag Service Provider Terminating $4.8 Billion Boeing 737 MAX Order After Accidents

Indonesia’’ s flag provider stated it prepares to satisfy Boeing authorities next week to talk about the airline company’’ s demand to cancel its$ 4.8 billion order for the struggling 737 Max 8 jet.

PT Garuda Indonesia, which informed Bloomberg recently it wishes to cancel its order for 49 Boeing 737 Max jets, has actually notified the U.S. airplane maker of its strategies and is arranging to hold the conference in Jakarta, President Director I Gusti Ngurah Askhara Danadiputra stated on Friday. Still, the airline company has yet to reach a choice on the cancellation of the Boeing 737 Max order, the business stated.

Garuda, like Indonesia’’ s Lion Air and a variety of airline companies, are fluctuating on limit jetliner after 2 of the airplanes crashed in the previous months, triggering regulators worldwide to ground the Boeing’’ s very popular airplane, which costs approximately $121.6 million each.

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