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Company News

WestJet suspends 2019 financial forecast after Boeing groundings

March 18 (Reuters) - WestJet Airlines Ltd on Monday became the second Canadian airline to suspend its 2019 financial outlook following the groundings of Boeing 737 MAX aircraft worldwide.

A fatal crash of a Boeing 737 MAX 8 in Ethiopia eight days ago has led to the grounding of Boeing’s marquee MAX fleet globally and sparked a high-stakes inquiry for the aviation industry.

WestJet said its 2020-2022 outlook still remained in place for now. (Reporting by Shanti S Nair in Bengaluru)

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