Boeing 737 Max lawsuit by Russia-owned Avia Capital Services (ACS) seeks to cancel 35-aircraft order and claim millions in damages
A Russian aircraft leasing company has filed the first U.S. lawsuit to cancel an order for Boeing 737 Max jets. Avia Capital Services (ACS), a subsidiary of state-owned Russian conglomerate Rostec, filed the suit against the U.S. aerospace giant in Chicago, claiming Boeing "intentionally" failed to disclose information about the airworthiness of the Max jets to its customers.
ACS accuses Boeing of negligence in selling the "defective" aircraft. ACS is seeking $115 million in compensatory damages to cancel the order for 35 jets, and several times that amount in punitive damages, according to the complaint filed with the Cook County Circuit Court.
As CBS News correspondent Kris Van Cleave reported last month, if the 737 Max doesn't take back to the skies by the end of the year, the continued grounding could force Boeing to further slow, or even halt production. Such a move by the nation's largest exporter could send a ripple through the U.S. economy.