Indonesia's Garuda Wants to Cancel $6 Billion Order

Credit: Wochit
Published on March 22, 2019 - Duration: 00:45s

Indonesia's Garuda Wants to Cancel $6 Billion Order

JAKARTA (Reuters) - National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday.

The airline could switch the order, valued at $6 billion at list prices, to other Boeing models, Rizal told Reuters.

Garuda is the first airline to publicly confirm plans to cancel an order for the troubled jets after the second crash of a 737 MAX 8, which killed 157 people in Ethiopia last week.

Garuda CEO Ari Askhara told Reuters on Friday that customers had lost trust in the 737 MAX 8.

Advertisement

You are here

You might like