Tobi Ijalana
Boeing has grounded its entire global fleet of 737 MAX 8s and 9s following Sunday’s crash in Ethiopia.
Boeing said it had taken the decision after consulting the US Federal Aviation Administration and the National Safety Board.
According to skynews, in a statement, the company said “out of an abundance of caution and in order to reassure the flying public of the aircraft’s safety,it had decided to temporarily suspend its entire fleet of 371 MAX aircraft.”
The move comes after Donald Trump ordered the jets to be barred from US airspace after other countries issued similar bans on Wednesday.
The company added:”We are doing everything we can to understand the cause of the accidents in partnership with the investigators, deploy safety enhancements and help ensure this does not happen again.”
However, the company’s market value has dropped by nearly $26bn since the crash in Ethiopia at the weekend.