MEXICO CITY (AP) -- Mexican airline Aeromexico says it has reached an agreement with Boeing on compensation over the global grounding of the 737 Max jet.
Aeromexico says the terms are confidential but it will “mitigate the costs derived from the temporary suspension of operations.” Aeromexico grounded its fleet of six 737 Max 8 jets on March 11, 2019.
Safety concerns arose after 737 Max crashes in Indonesia and Ethiopia that killed 346 people. Investigators found that a sensor malfunction triggered an automated system that pushed the planes’ noses down.
Aeromexico said it hopes to resume use of its 737 Max 8s once the airliner is recertified.