Cancelled flights, higher fares, older jets — Air travel takes a hit from Boeing 737 Max grounding

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Cancelled flights, higher fares, older jets — Air travel takes a hit from Boeing 737 Max grounding
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There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.

The 737 Max grounding has led airlines to cancel thousands of flights during the busy summer travel season.The worldwide grounding is now in its fifth month and was ordered after two fatal crashes.

Aviation regulators haven't said when they might allow the 737 Max to fly again. They grounded the planes across the globe in mid-March after two fatal crashes — one in Indonesia in October and another in March in Ethiopia— killed a total of 346 people. Only in service for a little over two years, the Boeing 737 Max is more fuel-efficient version of the workhorse single-aisle plane that has been in service since the 1960s. It's the plane maker's best-ever selling aircraft. Investigators in the two crashes have implicated a piece of automated flight-control software in both air disasters and though Boeing has developed a fix, it hasn't yet been submitted to regulators as the crisis wears on for months longer than airlines expected.

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