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UPS Plane Crash Updates

An aircraft leasing company, Avia Capital Services, is suing Boeing over its 737 Max planes, which the company’s lawyer, Steven Marks, claims now have “no value”. The lawsuit alleges that two deadly crashes have destroyed public trust in the aircraft, rendering it useless for the leasing firm. Avia is seeking to cancel its order for 35 planes and is suing for $115 million in compensatory damages in addition to punitive damages. The suit claims Boeing misled customers and regulators about the safety of the plane, which has been grounded since March 2019 following the two crashes that killed a total of 346 people.

Read the full article: Business Insider
Originally published by Sinéad Baker | Aug 31, 2019 | Business Insider