Boeing Co.(NYSE:BA): Boeing's (BA) stock sees gains on report that the 737 Max jet disaster may have been linked to bird collision - News Summed Up

Boeing Co.(NYSE:BA): Boeing's (BA) stock sees gains on report that the 737 Max jet disaster may have been linked to bird collision


BA – It is being reported that a Boeing executive raised the issue of a bird strike triggering a sensor that sent faulty data to pilots. Boeing Co. (BA – Get Report) shares rose Tuesday following a report that suggested the March 10 Ethiopian Airlines disaster, which killed 157 people and triggered a global grounding of the planemaker’s 737 MAX jets, may have been linked to a bird collision. Ethiopian Airlines CEO Tewolde Gebremarian, however, has consistently stated that there was no such strike, and that his pilots acted in accordance with Boeing’s stated guidelines. Last month, Boeing officially acknowledged for the first time that its software system played a role in two recent deadly 737 MAX 8 accidents. Boeing is closer to having the 737 MAX re-certified by the U.S. Federal Aviation Administration after completing the overhaul of its flight software system last week.


Source: Ethiopian News May 21, 2019 18:00 UTC



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