March 21, 2019, 2:34 PM GMT By Dawn Kopecki, CNBC and Leslie Josephs, CNBCShares of Boeing fell in after-market trading Wednesday on news that the FBI has reportedly joined a criminal investigation of the certification process for the company's 737 Max jets, two of which have crashed since October killing 346 people. The Seattle Times first reported that the bureau is assisting federal aviation investigators in a federal grand jury probe based in Washington, D.C., looking into the process. The news comes after the Department of Transportation on Tuesday asked the department's watchdog to audit the Federal Aviation Administration's approval of Boeing's 737 Max 8 aircraft. Boeing has been working on a software update that is expected to correct issues with the 737 Max maneuvering characteristics augmentation system. That system, which can push the nose of a 737 Max lower to avoid a stall, is suspected as being a contributing factor in the crash of a Lion Air jet in Indonesia in October.
Source: Ethiopian News March 21, 2019 14:26 UTC