Boeing shares are rising after European authorities stated that the 737 MAX accident aircraft is safe. Norwegian says they will not need the aircraft until April 2021 at the earliest.
Published:Updated: October 16, 2020 8:51 PM, Published: October 16, 2020 8:32 PM
On Friday, the European aviation authority EASA said that they consider the accident-prone Boeing 737 Max to be safe to fly by the end of the year.
The aircraft type has been on the ground since March 2019.
Norwegian says that they do not need their fleet with 737 Max aircraft anyway.
– In any case, we will not put our 18,737 MAX into service until April next year at the earliest, says information director Lasse Sandaker-Nielsen in Norwegian to E24.
The reason why Norwegian does not need the aircraft is the corona situation which has led to the company having to park over 100 aircraft.
– We do not need these aircraft now and we do not want to carry out simulator training for the pilots until next year at the earliest because it involves significant costs.
On Friday night Norwegian time, the Boeing share rises above 2.6 percent on the New York Stock Exchange in the USA.
346 people lost their lives
In October 2018 and March 2019, two of Boeing’s 737 Max 8 aircraft crashed shortly after takeoff in Indonesia (Lion Air) and Ethiopia (Ethiopian Airlines), respectively.
346 people lost their lives in the two accidents that led to the aircraft being put on the ground and several investigations being initiated.
An error in the MCAS control system was blamed early on for causing the accidents that killed 346 people. This system should basically prevent the aircraft type from steep. Boeing has since updated the control system software.
However, the European Aviation Authority’s analysis is that the aircraft is safe enough to get on the wings again.
“Our analysis shows that this is safe, and the level of security achieved is high enough for us,” EASA CEO Patrick Ky told Bloomberg.
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