FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson
BEIJING (Reuters) – The China Air Transport Association (CATA) on Friday said it expects losses at Chinese airlines caused by the grounding of Boeing Co’s 737 MAX aircraft to be around 4 billion yuan ($579.32 million) by the end of June.
CATA in a statement on its website said it hopes Boeing will attach great importance to compensation requests made by Chinese airlines.
Reporting by Stella Qiu and Beijing Monitoring Desk; Editing by Christopher Cushing