The worldwide grounding of Boeing Co.’s 737 Max is taking its toll on airlines and it will be months before the plane returns to service, the head of the International Air Transport Association said.
Boeing’s fastest-selling aircraft, grounded by regulators after fatal crashes in Indonesia and Ethiopia, won’t resume flights until at least 10 to 12 weeks from now, Alexandre de Juniac, IATA’s chief executive officer, said on a call with reporters Wednesday.
“We are preparing a meeting between regulators, the aircraft manufacturer and the operators to make an assessment of the situation,” De Juniac said. “But it is not in our hands. It’s in the hands of regulators.”
