U.S. says 737 MAX safe to fly after Ethiopia crash, Boeing shares dip.
GARA-BOKKA, Ethiopia/WASHINGTON - The United States told airlines it was safe to fly 737 MAX 8 planes on Monday as investigators found two black box recorders that will help piece together the final moments of an Ethiopian Airlines jet before it plunged to the ground on Sunday.
"Our customer relations team is responding to these customers individually, emphasizing our friendly, no-change fee policy," the No. 4 U.S. airline said in a statement. The planemaker, the airline and its insurers face big claims after the crash, industry sources said. The insured value of the plane itself was likely around $50 million.
"Cows that were grazing in the fields ran in panic ... There was smoke and sparks coming from the back of the plane." The new MAX 8 variant, with bigger engines designed to use less fuel, entered service in 2017. By the end of January this year, Boeing had delivered 350 of the new jets to customers, with another 4,661 on order, and they could become the workhorses for airlines around the globe for decades.Ethiopian Airlines, which has four other 737 MAX 8 jets, said it was grounding them as a precaution. China also ordered its airlines to suspend their 737 MAX 8 jets.
Indonesia, where a Lion Air 737 MAX 8 went down in October, said it would temporarily ground the model for inspection.At the crash site, local villagers watched men in Red Cross jackets and masks picked through a large crater, stacking clothes in a heap and wrapping corpses in white body bags.
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