Boeing and US regulators grappled with a crisis of confidence in the 737 Max that moved with the speed of an Internet rumor after the second deadly crash of the model in five months.
Breaking precedent, regulators in China grounded the revamped narrow-body plane before an international team of investigators had a chance to review flight data and cockpit voice recorders recovered after a brand-new Ethiopian Airlines 737 Max 8 plunged into a hillside minutes after takeoff Sunday.The US Federal Aviation Administration said Monday that the jet model remains airworthy.
The Ethiopian disaster that claimed 157 lives this weekend followed the crash of a Lion Air 737 Max off the coast of Indonesia in October. That delivered a one-two punch for an aircraft type that has ranked among the world’s safest since it started flying in the 1960s. Boeing sank 5.6% to $399.03 at 15:39 in New York after paring losses earlier in the trading session of as much as 13%. That was the biggest intraday decline since September 17, 2001, the first day of trading after the 9/11 attacks.
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Newsdeck: Singapore Grounds All Boeing 737 Max Flights: Boeing UpdateBoeing Co. is grappling with a crisis after a second 737 Max plane crashed in five months. While investigators are still piecing together why an Ethiopian Airlines 737 Max 8 plunged into a hillside minutes after takeoff Sunday, killing 157 people, China and Indonesia have ordered carriers to ground the revamped narrow-body plane. The U.S. Federal Aviation Administration said Monday that the jet model remains airworthy.
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US aviation regulators order Boeing to make design changes on 737 MAX 8The US Federal Aviation Administration said it’s working with local authorities and has given Boeing until April to make changes to the 737 MAX 8.
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Newsdeck: China Grounds Boeing 737 Max Planes After Ethiopian Air CrashChina grounded its fleet of Boeing Co. 737 Max 8 jets after a plane operated by Ethiopian Airlines crashed on Sunday, intensifying scrutiny on the best-selling model which has been involved in two deadly accidents in five months.
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Search for clues to Ethiopia crash as China grounds Boeing 737 MAX 8Investigators probing the deadly crash of an Ethiopian Airlines Boeing 737 that plunged into a field in a ball of flames are to comb the wreckage for clues to the cause of the disaster.
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Boeing shares down 10% after second crash involving 737 MAX 8Shares of Boeing Co slid almost 10 percent after some airlines grounded the world's biggest planemaker's new 737 MAX 8 passenger jet.
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Comair grounds Boeing 737 MAX 8 after Ethiopia crashThe airline initially said it would not ground the plane, as it believed it to be safe.
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Newsdeck: FAA Says Boeing 737 Max Remains Airworthy Despite Second CrashU.S. aviation regulators signalled their confidence in the safety of Boeing Co.’s embattled 737 Max jetliner, saying they will issue a global notice of “continued airworthiness” a day after the model’s second deadly crash in less than five months.
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Ethiopian Airlines, China ground Boeing 737 MAX 8 fleets after crashAll 157 people on board died when Nairobi-bound Flight ET 302 came down just six minutes after taking off from Addis Ababa.
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After Ethiopia crash horror, some nations ground Boeing 737 MAX 8s - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China and Indonesia grounded their fleets of Boeing's 737 MAX 8aircraft on Monday as witnesses recalled the terrifying spectacle of smoke and debris trailing from an Ethiopian Airlines plane before it crashed killing 157 people.
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