Boeing is offering 737 Max jets once slated for Chinese customers to Air India as the planemaker tries to offload some of the roughly 140 aircraft it’s currently not allowed to deliver.
The Indian carrier, which is overhauling its fleet under new owner Tata Group, is one of a number of potential customers for Boeing, which is in talks with lessors and other airlines, according to people familiar with the matter. Many operators are eager to line up new narrowbody jets while Boeing and rival Airbus struggle to hit production targets amid labor and parts shortages.
A Boeing representative declined to comment. Air India didn’t immediately respond to a request for comment outside of regular business hours.
The US manufacturer hasn’t been allowed to deliver Max aircraft to China for more than three years as it grapples with escalating trade tensions and repercussions from two fatal crashes of the workhorse jet. China was the first to ground the Max in March 2019, and held off approving its return long after US regulators lifted a ban in late 2020.
Source: Bloomberg