Shares of Southwest Airlines Co, which has the largest fleet of 737 MAX aircraft, fell 0.4 percent. "This evidence, together with newly refined satellite data available to FAA this morning, led to this decision." Boeing, which maintained that its planes were safe to fly, said it supported the move to temporarily ground 737 MAX flights. The still-unexplained crash followed another involving a Boeing 737 MAX in Indonesia five months ago that killed 189 people. NEW SATELLITE DATACanada also grounded 737 MAX jets on Wednesday, saying satellite data suggested similarities to the previous crash involving the same plane model in October.

Source: Ethiopian News March 13, 2019 09:43 UTC