Global 737 MAX plane grounding could delay SilkAir's merger with SIA

Submitted By:  Arianna Danganan Case Study:  No The airline is expected to receive 13 737 MAX plane deliveries over the next five years. The global grounding of Boeing’s 737 MAX planes — as a response to an Ethiopian Airlines 737 MAX 8 flight crash — is slated to delay SilkAir’s long-term strategic plans, which include the delivery of MAX 8 orders from Boeing and the operation of only MAX planes after the retirement of its existing Airbus fleet and three 737-800 planes, according to a report by CGS-CIMB. read more