Boeing crisis grows as Europeans join nations blocking 737 Max jets
Scare wipes billions of dollars off Boeing’s market value
London — Britain, France and Germany joined a growing list of countries to ban Boeing 737 MAX planes from their airspace on Tuesday as airlines around the world grounded the jets following a second deadly accident in just five months. On Sunday a new Ethiopian Airlines 737 MAX 8 went down minutes into a flight to Nairobi, killing all 157 people on board. In October, a Lion Air jet of the same model crashed in Indonesia, killing 189 — but no evidence has emerged to link the two incidents. The widening airspace closures puts pressure on Boeing, the world’s biggest planemaker, to prove 737 MAX planes are safe. A day after US regulators stood by the plane’s airworthiness, governments, airlines and aviation authorities in Britain, France, Ireland, Germany, Belgium and Norway joined South America and Asia on Tuesday opting for a zero-risk approach. Low-cost airline Norwegian Air Shuttle, South Korea’s Eastar Jet and South Africa’s Comair said they would halt flights, but the full extent o...
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