Turkish Airlines (THYAO:TI) has reportedly reached a compensation agreement with Boeing Aircraft (NYSE: BA) following the extended grounding of the 737 MAX. While the details of the settlement were not released, a Turkish newspaper reported the package is worth $225 million.
Posted by Jeffrey Richmond
Mr. Richmond recently retired from the Aerospace industry as a technical writer and continues to write and research on a variety of topics including aviation and aerospace business. He spent a tour of duty as a pilot and instructor in the US Air Force, flew for a regional airline, and taught at two aviation universities. Jeff and his wife Peggy live in the country between Chattanooga and Nashville, Tennessee.
