IBA counts the cost of grounding the Max fleet

For airlines, the direct cost for grounding the 737 MAX 8/9 Fleet will be in the region of $150,000 per day per aircraft grounding, according to IBA. IBA calculates the direct costs from the grounded of an aircraft that are not absorbed as follows: Leasing/finance costs: a typical lease rental of $360,000 per month mean every day $12,000 is lost. Airlines have to pay those lease rentals/finance costs irrespective of whether the aircraft flies or not. Staff costs: flight and cabin crews used specifically on the type cannot be transferred onto another type. Using rough order of magnitude figures.. for