After plane crashes that killed almost 350 people, airlines around the world grounded the aircraft at fault, the Boeing 737 MAX. Qatar Airways, though, is not taking the loss of potential income lightly; it’s a shareholder with Air Italy, which grounded three MAX planes, causing Qatar to seek compensation.
In October and March, nearly 350 people died in two plane crashes. Both of the planes were Boeing’s new 737 MAX. Now, those planes are grounded around the world as airlines wait to hear if they’re safe to fly again. One airline, though, isn’t taking the loss of the planes lightly.
Qatar Airways doesn’t have any MAXes in its own fleet, but it is a major shareholder in Air Italy’s operation, which has three of the planes. Qatar Airways bought 49% of Air Italy in 2017, and last year faced a loss of income and needed to make some strategic updates in order to compensate for the loss of those MAX planes.
And now, the airline is looking to Boeing to help make restitution.
“At Qatar Airways we do not operate any MAX airplanes—it affected our investment into Air Italy,” the airline’s chief executive Akbar al-Baker told Reuters, reported by Al Jazeera. “Air Italy has three MAX operated in its fleet and they were grounded so it affected us. We had to take extra routing from outside. Boeing has to compensate us for grounding.”
Al-Baker did not specify the exact amount of the compensation the airline will ask for or when exactly it will happen.
[Featured Image: Screenshot/ Travel Extra]