“Ryanair Receives compensation from Boeing for 737 MAX Aircraft.” Ryanair has concluded an agreement with aircraft manufacturer Boeing about compensation for the 737 MAX aircraft that have been grounded.
The Irish airline would receive hundreds of millions of euros in compensation, according to the reports on Friday.
According to reports, Boeing does not have to transfer the amount to Ryanair.
It would be resolved as a discount on money that Boeing still has credit from the price fighter.
In two accidents with the Boeing device, in Indonesia and Ethiopia, a total of 346 people died.
The crashes were caused by an error in the software, which kept pushing the nose of the aircraft.
The aircraft manufacturer acknowledged having been aware of the software error a year before the first crash.
However, Boeing concluded after its investigation that flight safety had not deteriorated due to the problem.
Since mid-March, the 737 MAX devices have been grounded worldwide.
Airlines want to be compensated for this.