Boeing's stock fell sharply for a second straight day as more nations and airlines grounded the company's 737 MAX 8 planes
New York Boeing's stock fell sharply for a second straight day as more nations and airlines grounded the company's 737 MAX 8 planes.
Shares of Boeing fell more than 11% over the past two days: The stock was down 7% Tuesday afternoon following a 5% drop on Monday.The stock's slide follows the tragic Ethiopian Airlines plane crash on Sunday that killed all 157 passengers and crew on board. The European Union Aviation Safety Agency announced Tuesday that it was suspending all Boeing 737 Max 8 flights in Europe as a"precautionary measure.
— Mitt Romney March 12, 2019 And the influential magazine Consumer Reports also weighed in, saying Tuesday that major airlines that have Boeing 737 MAX 8 planes in their fleets, including American and Southwest , should ground the planes even if the FAA does not ask them to do so."If the airlines will not ground the planes, CR says the Federal Aviation Administration should," the magazine said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. says Boeing 737 MAX 8 airworthy but says Boeing will make design changesThe United States told international carriers on Monday that the Boeing 737 MAX ...
Read more »
Boeing stock is set to plunge again after Australia joins Singapore in suspending 737 Max flights
Read more »
Boeing stock falls sharply as crisis mounts over 737 MAX crashesThe tragic Ethiopian Airlines crash on Sunday is raising doubts on Wall Street about Boeing.
Read more »
The Boeing 737 MAX: Is The Problem With The Plane Or The Pilots?Some analysts and safety experts say there’s no evidence yet to conclude anything is fundamentally wrong with Boeing's bestselling plane, but amid a boom in air travel that's boosting demand for pilots, the experience of the people at the controls in two disturbing crashes may be at issue.
Read more »
The Boeing 737 MAX: Is The Problem With The Plane Or The Pilots?Some analysts and safety experts say there’s no evidence yet to conclude anything is fundamentally wrong with Boeing's bestselling plane, but amid a boom in air travel that's boosting demand for pilots, the experience of the people at the controls in two disturbing crashes may be at issue.
Read more »
The Boeing 737 MAX: Is The Problem With The Plane Or The Pilots?Some analysts and safety experts say there’s no evidence yet to conclude anything is fundamentally wrong with Boeing's bestselling plane, but amid a boom in air travel that's boosting demand for pilots, the experience of the people at the controls in two disturbing crashes may be at issue.
Read more »
FAA says Boeing 737 MAX planes are still airworthy, expects to mandate design changes by AprilThe Federal Aviation Administration told international airlines that Boeing 737 MAX planes remain airworthy yesterday, but airlines and even entire countries are grounding the Max 8.
Read more »
Airlines around the world ground Boeing 737 MAX jets after second fatal crashUK aviation regulators joined airlines and aviation regulators around the world in grounding Boeing 737 MAX jets following the second deadly crash of one of the popular planes in less than five months.
Read more »
Boeing downgraded because 737 Max accidents may cause 'some delay in orders'Edward Jones lowered its rating of Boeing shares to hold from buy on Monday.
Read more »