Norwegian Air is hoping it can reach a deal with Boeing over compensation for the losses incurred due to the 737MAX groundings. It also hopes the deal can be closed out by end-of-year. When the 737MAX groundings came into effect in March, Norwegian had 18 737MAX’s in service. It had a further of 92 on order. In any case, Norwegian must be counting the costs that came as a result of the grounding when they had to use alternate aircraft on the affected routes.

The Scandinavian budget carrier was one of the first airlines to demand compensation from the US manufacturer. In a statement, the CEO said that negotiations have been on-going since summer and now they are hopeful that both the entities can close out the deal and reach a conclusion.

It is still not clear as to when the 737MAX will be back in the skies as the production was halted recently. Re certification of the aircraft is still underway.

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