News

Month: August 2019

Business Insider: The 737 Max has ‘no value’ after 2 deadly crashes as passengers no longer trust the plane, the lawyer for an aviation firm suing Boeing says Business Insider: The 737 Max has ‘no value’ after 2 deadly crashes as passengers no longer trust the plane, the lawyer for an aviation firm suing Boeing says
Posted on August 31, 2019

By: Sinéad Baker Aug. 31, 2019, 5:07 AM A lawyer representing an aircraft leasing company suing Boeing says the 737 Max no longer has any “no value” after two deadly crashes undermined customer confidence in the plane. Avia Capital Services, an aircraft leasing company, is suing Boeing, claiming that it intentionally misled customers and regulators […]

Law360: Leasing Co.’s $115M suit aims to ax Boeing 737 Max order Law360: Leasing Co.’s $115M suit aims to ax Boeing 737 Max order
Posted on August 27, 2019

Law360 (August 27, 2019, 4:37 PM EDT) — Boeing has been hit with a $115 million lawsuit alleging it misrepresented the safety of its 737 Max jets to aircraft leasing companies that were duped into inking multimillion-dollar contracts with the American aerospace giant, according to an Illinois state court lawsuit filed Monday. Avia Capital Services LLC, a […]

The Irish Times: Russian company first customer to sue Boeing over 737 Max The Irish Times: Russian company first customer to sue Boeing over 737 Max
Posted on August 27, 2019

Avia Capital Services claims crashes due to ‘negligent actions’ of manufacturer Tue, Aug 27, 2019, 14:25 A Russian aircraft leasing company is suing Boeing for breach of contract in connection with its grounded 737 Max in what is the first lawsuit brought against the US manufacturer by a customer over the safety crisis. Avia Capital Services, a […]

CNN: Russian company first Boeing customer to sue over 737 Max planes CNN: Russian company first Boeing customer to sue over 737 Max planes
Posted on August 27, 2019

Avia agreed years ago to buy 35 By: Rob McLean, CNN Business Posted: Aug 27, 2019 12:42 PM CDT (CNN) – A Russian company that leases aircraft is suing Boeing over the plane maker’s grounded 737 Max 8 jets. It is the first Boeing customer to sue over the grounding. Avia, which agreed several years ago to […]

US News: Russian firm sues Boeing over Max jet, open to settlement US News: Russian firm sues Boeing over Max jet, open to settlement
Posted on August 27, 2019

Associated Press • August 27, 2019 MOSCOW (AP) — A Russian aircraft leasing company says it has filed a lawsuit against Boeing over an order of 35 Boeing 737 Max jets, but that it’s open to a settlement. Avia Capital Services told the state-owned Tass news agency Tuesday that it has brought the lawsuit against […]

AP News: Russian firm sues Boeing over Max jet, says defects hidden AP News: Russian firm sues Boeing over Max jet, says defects hidden
Posted on August 27, 2019

Associated Press • August 27, 2019 MOSCOW (AP) — A Russian aircraft leasing company that ordered 35 Boeing Max jets is suing the U.S. aircraft maker and seeking to cancel the deal, accusing Boeing of hiding defects in the plane that was grounded after two deadly crashes. The Miami-based lawyer for the leasing company said […]

FOX Business: Boeing customer files lawsuit to cancel Max jet order FOX Business: Boeing customer files lawsuit to cancel Max jet order
Posted on August 27, 2019

By Ken Martin Published August 27, 2019 StocksFOXBusiness A Russian aircraft leasing group is reportedly suing to cancel its order of Boeing Max jetsOpens a New Window.. Avia wants to cancel its order for 35 of the grounded Boeing jets, according to the Financial Times. The aircraft leasing company is suing for breach of contract and is […]

AIN Online: Avia files 737 Max breach of contract lawsuit against boeing AIN Online: Avia files 737 Max breach of contract lawsuit against boeing
Posted on August 27, 2019

Aviation International News Avia Files 737 Max Breach of Contract Lawsuit Against Boeing by Charles Alcock – August 27, 2019, 11:44 AM Russian aircraft leasing company Avia Capital Services has begun a breach of contract lawsuit against Boeing over its order for thirty-five 737 Max airliners. In a case filed on August 26 with the Cook County […]

Financial Times: Boeing faces its first lawsuit from a 737 Max customer Financial Times: Boeing faces its first lawsuit from a 737 Max customer
Posted on August 27, 2019

By SYLVIA PFEIFER AND PATTI WALDMEIRFINANCIAL TIMES AUG. 27, 2019 11:33 AM A Russian aircraft leasing company is suing Boeing Co., claiming breach of contract in connection with its grounded 737 Max in the first lawsuit brought against the manufacturer by a customer over the safety crisis. Avia Capital Services, a subsidiary of Russian state conglomerate […]

TheStreet: Boeing facing First MAX-related customer lawsuit TheStreet: Boeing facing First MAX-related customer lawsuit
Posted on August 27, 2019

A subsidiary of Russian state conglomerate Rostec files a U.S. lawsuit to cancel its order for 35 Boeing 737 MAX airplanes, another sign that Boeing’s customers are losing patience with ongoing delays in remedying the troubled jet. Corey Goldman Updated Aug 27, 2019 9:48 AM EDT A subsidiary of Russian state conglomerate Rostec has filed a U.S. lawsuit to cancel […]