Indonesia will cancel the purchase of 49 Boeing 737 Max 8



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Garuda, the Indonesian national carrier, has announced to Boeing that it will cancel an order for 49 billion Boeing 737 Max 8 aircraft after the model was involved in two fatal accidents. Garuda had already received one of the aircraft, part of an order for 50 planes worth $ 4.9 billion when it was announced in 2014.

Shukor Yusof, director of Malaysian-based Endau Analytics law firm, said that Garuda's announcement seemed to mark the official plans of a carrier to cancel an order for the 737 MAX 8.

It will probably not be the last. There is a risk that Garuda's rival, Lion Air, who also has many orders for the 737 MAX 8, make the same decision, "he said.

"It's a risk." This was made public by Lion Air's CEO and he publicly stated that he was considering "a cancellation."

But he added that it was difficult to predict if more major carriers would do the same.

"There are many unanswered questions and each airline has specific needs," said Yusof.

This month, Lion Air has announced the postponement of the delivery of four jet planes after the crash of an Ethiopian Airlines Boeing 737 MAX 8 on a flight to Nairobi, killing the 157 pbadengers on board.

The Ethiopian tragedy occurred after a plane of the same model, Lion Air, crashed in Indonesia in October, killing the 189 people on board.

The budget carrier Lion – the largest Southeast Asian airline by fleet size and a major Boeing customer – said the now deferred planes were on the road to delivery this year.

The black boxes of Ethiopian Airlines are under investigation by the Bureau of Investigations and Analysis (BEA).

On March 18, the BEA said in a press release that "the investigation team between flight 302 of Ethiopian Airlines and flight 610 of Lion Air was clearly similar". "

Bloomberg reports that France has a "direct link with the accident" since the engines of the 737 Max 8 are manufactured by the intermediary of CFM International, a joint venture between Safran Aircraft Engines and General Electric Co CFM International is itself based in West Chester, Ohio. The joint venture was created in 1974; In 2009, the partnership was renewed until 2040 and the company supplies its LEAP engines to 100% of the Boeing Max market.

According to the French business daily La Tribune, CFM International broke records at the Paris Air Show with 1,658 LEAP engines sold for more than 25 billion euros (20 of which were sold to Ethiopian Airlines).

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