Airline

Max grounding impacts TUI Q3 2019 results

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Max grounding impacts TUI Q3 2019 results

TUI has blamed the grounding of the 737 Max in a third-quarter briefing. The airline, which has 15 Max aircraft, claimed in the latest financial results that the grounding will cost it approximately €300 million in the year ending 30 September. The group's net profit declined 46% from the y...

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