Tui confirmed on Wednesday (3 June) it had come to a "comprehensive agreement" with the aircraft manufacturer to cover a "large part" of the hit; Tui has previously said the grounding has impacted its earnings to the tune of hundreds of millions of Euros.
The operator had 61 of Boeing’s 737 Max on order when the aircraft was grounded in March 2019 following two fatal crashes in the space of just five months, killing 346 people. Boeing is working on a fix for a deep-seated flight control system understood to have been active when both aircraft crashes.
