Boeing Woes
The latest countries to temporarily ban Boeing 737 Max planes are Australia and Singapore—following China and Indonesia's lead—while carriers that have suspended use of the models now include Aeromexico, Comair, Aerolineas Argentinas, Eastar Jet, Cayman Airways and, of course, Ethiopian Airways, whose 737 Max 8 crash triggered the latest crisis. The U.S isn't grounding the planes, but is demanding speedy design changes. Boeing's share drop yesterday ended up being around 5%, after falling almost 10% at one point, but it's continuing to slide today. 10 Daily
The latest countries to temporarily ban Boeing 737 Max planes are Australia and Singapore—following China and Indonesia's lead—while carriers that have suspended use of the models now include Aeromexico, Comair, Aerolineas Argentinas, Eastar Jet, Cayman Airways and, of course, Ethiopian Airways, whose 737 Max 8 crash triggered the latest crisis. The U.S isn't grounding the planes, but is demanding speedy design changes. Boeing's share drop yesterday ended up being around 5%, after falling almost 10% at one point, but it's continuing to slide today. 10 Daily
