TUI strikes compensation deal with Boeing, delays 737 MAX orders

LONDON (Reuters) - TUI Group , Europe's biggest travel company, said it had struck a deal with aircraft maker Boeing for compensation and slower delivery of the 737 MAX plane, helping its finances during the coronavirus pandemic. The Germany-based company said in a statement on Wednesday that Boeing would provide it with compensation for a significant portion of the financial impact of the grounding of the plane, which had hit its earnings over the last year. Boeing will also provide it with..