InvestmentsTop Global NewsMarketsReal Estate China airline association estimates losses from 737 MAX grounding at US$579 million By financialnews_rlv83x - May 24, 2019 0 280 The China Air Transport Association (CATA) on Friday said it expects losses at Chinese airlines caused by the grounding of Boeing Co’s 737 MAX aircraft to be around 4 billion yuan (US$579.32 million) by the end of June.