FRANKFURT (Reuters) - European tourism group TUI said the grounding of Boeing's 737 MAX jets was a big burden as it reported a 46% decline in underlying quarterly core earnings (EBITA) on Tuesday.
The Boeing 737 MAX is an update to the 737NG. It was built as an answer to the Airbus A320neo, spurred by high demand for a refreshed 737, including a massive order by American Airlinesfor 100 of the ...