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Airlines Rethink $57 Billion in Boeing Orders After Crash

  • VietJet, Kenya Airways reviewing plans to take 737 Max model
  • Lion Air is said to be mulling defection to rival Airbus A320
The Boeing Co. Unveils The New 737 Max 9 Aircraft
Photographer: David Ryder/Bloomberg
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The Boeing Co. 737 Max crash in Ethiopia looks increasingly likely to hit the planemaker’s order book as mounting safety concerns prompt airlines to reconsider purchases worth about $57 billion.

VietJet Aviation JSC, which doubled its order to 200 of the aircraft priced at about $25 billion only last month, said it will decide on its future plans once the cause of the tragedy has been found, while Kenya Airways Plc is reviewing proposals to buy the Max and could switch to Airbus SE’s rival A320, and Russia’s Utair Aviation PJSC is seeking guarantees before taking delivery of the first of 30 planes with a $3.65 billion value before customary discounts.