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For others who are able to make do without the 737 MAX 8 for a period, doing so is likely to come at a cost. “It is a headache for airlines to take aircraft out of service with flights likely to be canceled and an impact on revenues,” Strickland added wedding cufflinks. Although March is not a peak season for flights, some have been hit, with Chinese aviation data firm Variflight on Monday saying at least 29 international and domestic flights had been canceled. However, airlines had swapped for other planes on 256 other flights that had been scheduled to use the 737 MAX 8..
Singapore’s Changi Airport said on Tuesday that one planned 737 MAX flight by Shandong Airlines to and from Jinan had been canceled, but others had gone ahead with different aircraft. Singapore Airlines Ltd (SIAL.SI), Indonesia’s Lion Air and Garuda Indonesia (GIAA.JK) and state-backed carriers Air China Ltd (601111.SS), China Eastern Airlines Corp Ltd (600115.SS) and China Southern Airlines Co Ltd (600029.SS) all have large fleets of jets other than the MAX to draw on, the analyst said wedding cufflinks.
The bigger impact from the Ethiopian crash could be on future deliveries, since other carriers including Korean Air Lines Co Ltd (003490.KS) have placed relatively large orders for 737 MAX 8 jets, said Um Kyung-a, a senior analyst at Shinyoung Securities wedding cufflinks. “It might turn into a big headache for them if Boeing fails to nail down the causes of the recent crashes,” Um said. “If that turned out to be the case, they need to come up with different plans to replace their 737 MAX 8 orders.”..
Brazil’s largest airline, Gol Linhas Aereas Inteligentes (GOLL4.SA), has 100 Boeing 737 Max 8 jets on order. It currently operates seven such planes, which it decided to ground late on Monday wedding cufflinks. Gol operates Boeing 737 models exclusively and announced in December that it was accelerating its transition to the newer MAX 8 planes by leasing 11 more from the second half of this year. Flydubai, which has 13 737 MAX jets, said it was adjusting its schedule to minimize disruption to passengers, including switching flights to older 737s. Fiji Airways said it would use other 737s and Airbus SE (AIR.PA) A330s to cover for the grounding of two 737 MAXs..
Lion Air, which suffered a 737 MAX crash in October, has refused to take delivery of some of the jets but analysts say it is suffering from overcapacity and may benefit from a slowdown. It threatened in November to cancel Boeing orders in a row over the crash but has yet to do so, industry sources said. Airbus is another supplier and is seen in talks to sell more. Malaysian officials said on Monday they had asked national carrier Malaysia Airlines to revisit its order for 25 737 MAX jets. “I feel there are other factors apart from safety, including finance and politics, for that move,” said Shukor Yusof, the head of Malaysia-based aviation consulting firm Endau Analytics wedding cufflinks.