Air Canada Pulls Boeing 737 Max From Schedule Through Mid-February

Written by Haley Alber

et|icon_calendar|

October 17, 2019

et|icon_grid-3×3|

Air Canada (OTC: ACDVF) on Wednesday said it will scratch the Boeing 737 Max from its flying schedule until February 14, 2020, effectively removing the plane from service for nearly a year after regulatory authorities banned the jet from flying in March.

Air Canada, which has 24 Max jets in its fleet, said the latest extension will give the company “scheduling predictability” as it rolls out its new reservation system.

“We are taking this prudent step as a result of the ongoing regulatory uncertainty about the timing of the aircraft returning to service,” Executive Vice President and Chief Commercial Officer Lucie Guillemette said in a statement.

Air Canada will lease two more wide-body planes at least though March break to compensate for the temporary loss of its Max jets. Boeing’s 737 Max jets make up about 20% of Air Canada’s narrow-body fleet, which would regularly carry over ten thousand travelers per day.

Following government and international regulatory approval, final decisions on returning the Max to service will depend on Air Canada’s independent safety evaluation, the company added.

Transport Canada, along with the U.S. Federal Aviation Administration (FAA), is reviewing Boeing’s software changes to its Manoeuvring Characteristics Augmentation System (MCAS), the system suspected to have caused two fatal crashes involving the Max.

International regulators will also ensure that pilots are prepared to fly the jet once its cleared. Earlier this month, Reutors said global regulators are looking at “startle factors” that can overwhelm pilots as they consider revised protocols for the Max.

Stock price

DAY LOW/HIGH

52 week low/high

Related Articles

Ford Announces its First All-Electric SUV

Ford Announces its First All-Electric SUV

Technology0 Comments Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November 17 at an event in Los Angeles. The Mustang Mach-E will make its debut in a worldwide streaming event. Following the...

Alibaba Breaks Singles Day Sales Record

Alibaba Breaks Singles Day Sales Record

Technology0 Comments Shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) opened about 5% lower on Monday, even after the company delivered record sales on Singles Day, the world’s largest 24-hour shopping event. Last...

Regulators Want Revised Boeing 737 Max Software Documentation

Regulators Want Revised Boeing 737 Max Software Documentation

Technology0 Comments U.S. and European regulators have asked Boeing Co. (NYSE: BA) to revise documentation on its proposed 737 Max software update, the planemaker confirmed Wednesday, a development that further complicates its efforts to return...

Comments

Leave a Reply

avatar
  Subscribe  
Notify of