Airlines concerned about impact of suspending Boeing 737 MAX jets for too long

2019-03-17 10:04:57

(MENAFN) Companies and analysts said the suspension of Boeing's 737 MAX jets after the crash in Ethiopia did not have an immediate financial impact on airlines using the planes, but fear that it will affect the industry the longer they are not used.

Ethiopian Airlines Flight 302 crashed soon after take-off from Addis Ababa last weekend, killing all on board, which is the second such accident involving Boeing's flagship new model after a jet came down off Indonesia in October with 189 people on board.

French investigators on Friday examined the black boxes of the jet that crashed in Ethiopia as the international airline industry waited to see if the cause was the same of the disaster in Indonesia.

The 737 MAX has been suspended around the world, and Boeing has halted deliveries of the several thousand on order for a model intended to be the future industry workhorse.

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