Norwegian Air said it cancelled orders for 97 Boeing Co. (BA) aircraft and has filed compensation claims related to the grounding of the plane maker’s 737 MAX and the 787 engine issues.Shares dropped 3.1% to $188.50 in Tuesday’s pre-market trading. The Oslo-based air carrier terminated its purchase agreements of 5 Boeing 787 aircraft, 92 Boeing 737 MAX aircraft and the so-called GoldCare service agreements (BSG) related to the 787 and MAX aircraft.In addition, Norwegian said it filed a legal claim seeking the return of pre-delivery payments (PDP) and compensation for losses it incurred due to the grounding of the 737 …read more
Source:: Yahoo Finance
