Grounded 737 Max jets expected to lead to higher summer fares

The grounding of Boeing 737 Max jets means fares are likely to increase this summer.

 

The worldwide grounding of Boeing 737 Max jets is expected to lead to increased fares this summer.

 

The ban began in March after an Ethiopian Airlines plane crashed killing 157 people.

 

That disaster came not long after a Lion Air 737 Max plane crashed into the sea off Jakarta, Indonesia, killing all 189 people on board.

 

As a result, 371 planes have been taken out of service worldwide for an indefinite period of time.

 

US airlines will now operate approximately 200 fewer daily flights throughout the peak summer season because of the grounding.

 

As a consequence, airlines are expected to raise fares to make up for the reduced number of seats.

 

Last week, Southwest Airlines cancelled flights through August, whilst American Airlines did the same on Sunday.

 

United Airlines has cancelled flights through early July.

 

Investigators believe the plane’s defect is tied to an automatic safety feature of the jet that forces its nose down.

 

Despite Boeing working on a fix, it is unlikely the 737 Max jet will ever recover from the negative publicity.