DealBook Briefing: Boeing Faces Scrutiny Over a Best-Selling Jet - News Summed Up

DealBook Briefing: Boeing Faces Scrutiny Over a Best-Selling Jet


A best-selling Boeing airplane is groundedThe future of Boeing’s 737 Max 8 plane is in question after an Ethiopian Airlines flight crashed yesterday, killing 157 people. The Ethiopian Airlines flight was the second disaster involving the jet in five months, after a Lion Air crash in Indonesia killed 189 people in October. It’s rare for two planes of the same model to be involved in accidents in such a short time span, the NYT reports. Chris Bryant of Bloomberg Opinion notes that its success is why Boeing shares are near a record high — though shares were down sharply in premarket trading. China’s airlines had been enthusiastic customers of the new model, but as of this morning they’ve been flying 737-800s instead.


Source: New York Times March 11, 2019 10:49 UTC



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