Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash
Saturday, 16 March 2019 Investigators in France have examined the black boxes of the jet that crashed in Ethiopia as the global airline industry waits to see if the cause was similar to a disaster in Indonesia months before.
Boeing on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane..
Credit: Reuters - Business (Amazon FireT Duration: 01:26Published
Cnn reports American Airlines is extending flight cancellations into mid-August because of the Boeing 737 Max grounding. American Airlines, the world's largest airline, decided to extend cancellations..
Boeing announced that its orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft. The company continues to struggle with a worldwide grounding of its best-selling..