Boeing sued for US$336mil over canceled 737 MAX order


In a complaint filed in Chicago federal court, ALAFCO Aviation Lease and Finance Co accused Boeing of breach of contract for keeping the payments despite being unable to deliver the planes or provide a revised delivery schedule.

CHICAGO: Boeing Co was sued for US$336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for 40 of its troubled 737 MAX planes.

In a complaint filed in Chicago federal court, ALAFCO Aviation Lease and Finance Co accused Boeing of breach of contract for keeping the payments despite being unable to deliver the planes or provide a revised delivery schedule.

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