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Boeing's 737 Max 8 airplanes to remain grounded: IATA

Grounded Smartwings Boeing 737 MAX 8 planes

Canada-based International Air Transport Association said that U.S.-based The Boeing Co.'s 737 Max 8 aircrafts are likely to remain grounded worldwide for at least 10 to 12 more weeks until August, Business Standard reported citing sources. Several airlines plan to seek compensation from Boeing for disruption of their operations after global aviation regulators grounded the aircrafts in March after two Max 8 aircraft crashes.

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