Smartwings loses CZK 100m per month

Published: 15.03.2019 Related countries:  U.S.A. U.S.A.

Smartwings loses CZK 100m per month

The Czech airline Smartwings has involuntarily out of order seven Boeing 737 MAXs due to security risks, Lidové noviny report. According Smartwings' owner Jiří Šimáně, the damage amounts to several millions of CZK per day. It is likely to exceed CZK 100m per month only on indirect costs, which include, among other things, the cost of repaying aircraft, insurance or maintenance.

Source: www.cianews.cz

Prepared by the team of foreign office CT Chicago