div > div.group > p:first-child"> Boeing announced late Friday plans to cut production of the jet, which has been grounded following the March 10 crash of Ethiopian Airlines flight 302 that killed all 157 people on board. It was the second fatal crash of the popular aircraft in less than five months and investigators suspect faulty data feeding into the aircraft's automated flight system played a major role in both accidents.
Southwest has 34 Max jets out of its fleet of about 750 aircraft, accounting for roughly 4 percent of its passenger capacity. American Airlines said it's extending cancellations of 90 daily flights involving the 737 jet by more than a month to June 5. "The reputational loss from these events could erode long-term market share and pricing power of the 737 MAX," BofA analyst Ronald Epstein said in a note to clients."A six-month delay also means lower margins due to penalties owed to customers, weaker negotiating position with airlines as airlines consider cancellations, and operational inefficiencies from the production disruption.
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Don’t let Boeing 737 Max 8 jets fly until fix is confirmed, report recommendsEthiopia’s transport minister said the preliminary report into the March 10 Ethiopian Airlines crash made two major recommendations about the aircraft’s flight control systems. isn't that what most people said? common sense I don’t want to fly on a plane that needs a software fix to stop it from taking a nose dive. Uh, yeah.
Source: NBCNews - 🏆 10. / 86 Read more »
Boeing shares are sliding after Ethiopia points the finger at the airline over 737 Max crashesBoeing is facing mounting pressure over its flight safety systems with its shares tumbling as investors react to fresh allegations.
Source: BusinessInsider - 🏆 729. / 51 Read more »
China says invited to join FAA panel on Boeing 737 MaxChina's aviation regulator has been invited to join the U.S. Federal Aviati... China is probably the biggest market for MAX and i think to meet it Boeing has set-up manufacturing in China also Boeing is now trying to save face. Their plane is defective, period. FAANews FAASafetyBrief dcexaminer PostOpinions WashTimes
Source: Reuters - 🏆 2. / 97 Read more »
Family of American woman killed in Ethiopian 737 Max crash sues BoeingThe woman, Samya Stumo, was a great-niece of Ralph Nader. Her family also plans to file a claim against the FAA. They knew the problem...seem they chose to ignore it. Sue for tons of $$$$$$$yes. I’m surprised there has been no class action yet 😅 Is there enough evidence suggesting the MCAS system is at fault, pilots were following instructions, albeit in vain, as instructed to respond to the sensor reading discrepancies?
Source: washingtonpost - 🏆 95. / 72 Read more »
Boeing under pressure as Ethiopian investigators point crash blame to 737 Max softwareEthiopian Transport Minister Dagmawit Moges said the 'crew performed all the procedures repeatedly provided by the manufacturer but was not able to control the aircraft.' They seem to be blaming the training
Source: CNBC - 🏆 12. / 72 Read more »
Report reveals final minutes of Boeing after 737 Max 8 jet crash in EthiopiaFollowing the Ethiopian disaster, the Max jets have been grounded worldwide pending a software fix that Boeing is rolling out. Prosecute Boeing.
Source: USATODAY - 🏆 100. / 63 Read more »
Family of American woman sues Boeing, Ethiopian Airlines over 737 Max crash'We flew there to bring her home, but we learned there were no survivors': Nader family sues Boeing over Ethiopian Airlines crash Yep, only an American can punish negligence act of an American company. Good luck lady. I hope you don't sell out. Good! Really, their tears are heart-wrenching...
Source: Reuters - 🏆 2. / 97 Read more »
Ralph Nader calls for consumers to boycott Boeing 737 MAXU.S. consumer activist Ralph Nader called on Thursday for consumers to boycott B... Is Ralph aware that they are all grounded? Ralph Nader is still alive !? He’s right.
Source: Reuters - 🏆 2. / 97 Read more »
Boeing CEO acknowledges — for the first time — that bad data played role in 737 Max crashesBoeing CEO Dennis Muilenburg acknowledged, for the first time, that an automated flight system on the company's popular 737 jets played a role in two crashes that killed 346 people. Well, maybe those derelicts should have grounded the plane as soon as they knew something was wrong with it. SMDH
Source: CNBC - 🏆 12. / 72 Read more »
Boeing CEO accepts blame for two plane crashes, apologizes to families of victims: 'We own it'The chairman of Boeing acknowledged for the first time that its new maneuvering system was responsible for two recent plane crashes that killed almost 350 people and apologized to the families and friends of the victims. not enough Apologies do not bring back lives. Good management saves lives! Good Over Sight keeps lives safe!!! He needs to resign.
Source: USATODAY - 🏆 100. / 63 Read more »