China Aircraft Leasing Group suspends Boeing 737 Max jet orders

China Aircraft Leasing Group suspends Boeing 737 Max jet orders

China Aircraft Leasing Group Holdings said it has suspended its order of 100 Boeing 737 MAX jets on hold.

According to Reuters News who quoted South China Morning Post said the suspension will be in place until it is assured of the aircraft’s safety.

The Hong Kong-listed lessor, which is controlled by the state-owned conglomerate China Everbright Group, placed an order for 50 aircraft in June 2017 and later expanded the order, the newspaper said.

The first MAX jet was expected to be delivered in the third quarter, according to the report.