Ethiopian Airlines still ‘believes in Boeing’ despite 737 Max crash, CEO says

The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago. A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi. Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people. “Let me be clear: Ethiopian Airlines believes in Boeing. Gebremariam also defended his


The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago. A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi. Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people. “Let me be clear: Ethiopian Airlines believes in Boeing. Gebremariam also defended his
Ethiopian Airlines still ‘believes in Boeing’ despite 737 Max crash, CEO says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: david reid, anadolu agency, getty images
Keywords: news, cnbc, companies, despite, crash, executive, believes, max, ethiopian, plane, issued, airlines, ceo, boeing, 737, killed


Ethiopian Airlines still 'believes in Boeing' despite 737 Max crash, CEO says

The chief executive of Ethiopian airlines has said his company “believes in Boeing,” despite a tragic crash just over two weeks ago.

A Boeing 737 Max 8 plane killed all 157 people on board on March 10 just minutes into its flight from Addis Ababa to Nairobi.

Questions over the Boeing plane have arisen amid similarities with the crash of a Lion Air 737 Max plane in Indonesia last October that killed 189 people.

“Let me be clear: Ethiopian Airlines believes in Boeing. They have been a partner of ours for many years,” Tewolde Gebremariam wrote in a statement Monday.

The executive added that he did not want to yet speculate on the cause of the Ethiopian crash but said the investigation was well underway and he expected to discover the truth.

Gebremariam also defended his airline’s training procedure, noting that Ethiopian pilots who flew the 737 Max 8 were fully trained on a service bulletin issued by Boeing and the Emergency Airworthiness Directive issued by the USA Federal Aviation Authority (FAA).


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: david reid, anadolu agency, getty images
Keywords: news, cnbc, companies, despite, crash, executive, believes, max, ethiopian, plane, issued, airlines, ceo, boeing, 737, killed


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American Airlines is cancelling 90 flights a day as Boeing 737 Max remains grounded

American Airlines is cancelling 90 flights per day through April 24 as a result of the grounding of the Boeing 737 Max aircraft. The airline, which had been flying 24 of the Boeing planes, said the cancellations were being made in an effort to provide more certainty and avoid last minute flight disruptions. American said it continues to await information from the Federal Aviation Administration, Department of Transportation, National Transportation Safety Board, other regulatory authorities and


American Airlines is cancelling 90 flights per day through April 24 as a result of the grounding of the Boeing 737 Max aircraft. The airline, which had been flying 24 of the Boeing planes, said the cancellations were being made in an effort to provide more certainty and avoid last minute flight disruptions. American said it continues to await information from the Federal Aviation Administration, Department of Transportation, National Transportation Safety Board, other regulatory authorities and
American Airlines is cancelling 90 flights a day as Boeing 737 Max remains grounded Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-24  Authors: eric rosenbaum, joshua roberts
Keywords: news, cnbc, companies, plane, flights, transportation, planes, 737, grounded, cancelling, airlines, aviation, indonesia, max, boeing, american, day, remains, 90, provide, customers


American Airlines is cancelling 90 flights a day as Boeing 737 Max remains grounded

American Airlines is cancelling 90 flights per day through April 24 as a result of the grounding of the Boeing 737 Max aircraft.

The airline, which had been flying 24 of the Boeing planes, said the cancellations were being made in an effort to provide more certainty and avoid last minute flight disruptions.

“By proactively canceling these flights, we are able to provide better service to our customers with availability and rebooking options,” American said in a statement.

American said it continues to await information from the Federal Aviation Administration, Department of Transportation, National Transportation Safety Board, other regulatory authorities and Boeing that would permit the Boeing 737 MAX aircraft in its fleet to resume flying.

The Boeing 737 Max was grounded by aviation authorities across the world, including the FAA, after two similar crashes in recent months that have implicated a flight software system on the plane known as MCAS.

The Ethiopian Airlines jet that crashed on Mar. 10, killing all 157 aboard, and the Lion Air plane that went down in Indonesia on Oct. 29, which killed all 189 passengers and crew, were both 737 Max jets.

The two incidents have also led the Department of Transportation to ask for an audit of the Federal Aviation Administration’s approval of the 737 Max 8 planes, while the FBI has reportedly joined in a criminal investigation of the certification process for the jets.

As regulators and lawmakers continue to investigate the plane, Garuda Indonesia became the first airline to attempt to cancel its order for 737 Max planes on Friday, a deal worth nearly $6 billion.

American’s reservations team is contacting affected customers directly by email or telephone. “We know these cancellations and changes may affect some of our customers, and we are working to limit the impact to the smallest number of customers.”


Company: cnbc, Activity: cnbc, Date: 2019-03-24  Authors: eric rosenbaum, joshua roberts
Keywords: news, cnbc, companies, plane, flights, transportation, planes, 737, grounded, cancelling, airlines, aviation, indonesia, max, boeing, american, day, remains, 90, provide, customers


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US is scrutinizing the development of Boeing’s 737 Max aircraft: WSJ

Five months later, on March 10, a second Boeing 737 Max 8 plane crashed shortly after takeoff, killing all 157 people on the Ethiopian Airlines plane. Ethiopian Transport Minister Dagmawit Moges said Sunday that preliminary data retrieved from the plane’s flight data recorder showed “a clear similarity” with the Indonesian crash. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages. It is not clea


Five months later, on March 10, a second Boeing 737 Max 8 plane crashed shortly after takeoff, killing all 157 people on the Ethiopian Airlines plane. Ethiopian Transport Minister Dagmawit Moges said Sunday that preliminary data retrieved from the plane’s flight data recorder showed “a clear similarity” with the Indonesian crash. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages. It is not clea
US is scrutinizing the development of Boeing’s 737 Max aircraft: WSJ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: yen nee lee, stephen brashear, getty images
Keywords: news, cnbc, companies, max, subpoena, development, ethiopian, boeings, department, boeing, journal, wsj, 737, plane, justice, clear, data, scrutinizing, aircraft


US is scrutinizing the development of Boeing's 737 Max aircraft: WSJ

Five months later, on March 10, a second Boeing 737 Max 8 plane crashed shortly after takeoff, killing all 157 people on the Ethiopian Airlines plane. Ethiopian Transport Minister Dagmawit Moges said Sunday that preliminary data retrieved from the plane’s flight data recorder showed “a clear similarity” with the Indonesian crash.

The Journal reported in an update to the article that a grand jury in Washington issued a broad subpoena one day after the Ethiopian Airlines crash to at least one person involved in the development of the Boeing 737 Max. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages.

It is not clear whether the probe by the Justice Department is related to the DOT’s investigation, according to the Journal report. The Justice Department did not immediately respond to CNBC’s request for comment, sent outside U.S. office hours.

WATCH: Why Airbus and Boeing dominate 99% of the large plane market


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: yen nee lee, stephen brashear, getty images
Keywords: news, cnbc, companies, max, subpoena, development, ethiopian, boeings, department, boeing, journal, wsj, 737, plane, justice, clear, data, scrutinizing, aircraft


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French investigator: Clear similarities between Boeing 737 Max crashes

It said a prosecutor from the criminal division of the Justice Department was listed as a contact. The Journal also said that the Transportation Department’s watchdog was scrutinizing the FAA’s certification of the new 737 planes. Boeing had added an automatic anti-stall system to the Max jets when they went into service in 2017 that was not on older 737 aircraft. Many were given a roughly hourlong iPad training class to transition from older Boeing 737s to the 737 Max, according to Dennis Tajer


It said a prosecutor from the criminal division of the Justice Department was listed as a contact. The Journal also said that the Transportation Department’s watchdog was scrutinizing the FAA’s certification of the new 737 planes. Boeing had added an automatic anti-stall system to the Max jets when they went into service in 2017 that was not on older 737 aircraft. Many were given a roughly hourlong iPad training class to transition from older Boeing 737s to the 737 Max, according to Dennis Tajer
French investigator: Clear similarities between Boeing 737 Max crashes Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: leslie josephs, david ryder, bloomberg, getty images
Keywords: news, cnbc, companies, investigator, older, boeing, clear, plane, max, lion, justice, similarities, transportation, journal, french, system, crashes, 737


French investigator: Clear similarities between Boeing 737 Max crashes

The Wall Street Journal, citing anonymous people familiar with the matter, reported Sunday that a grand jury issued a subpoena to “at least one person” involved in the development of the plane. It said a prosecutor from the criminal division of the Justice Department was listed as a contact. The Journal also said that the Transportation Department’s watchdog was scrutinizing the FAA’s certification of the new 737 planes. Boeing had added an automatic anti-stall system to the Max jets when they went into service in 2017 that was not on older 737 aircraft. Indonesia investigators have indicated that as a possible factor in the Lion Air crash in October.

Pilots said they were not informed about the new system until after the Lion Air crash. Many were given a roughly hourlong iPad training class to transition from older Boeing 737s to the 737 Max, according to Dennis Tajer, a Boeing 737 pilot and spokesman for the Allied Pilots Association, which represents American Airlines pilots.

Boeing shares were down more than 2.6 percent in afternoon trading Monday, shaving nearly 60 points off the Dow Jones Industrial Average, as the day’s biggest loser in the index.

The FAA, Justice Department and the Transportation Department’s Office of Inspector General declined to comment. Boeing did not immediately respond to a request for comment.

WATCH: Why Boeing and Airbus dominate 99% of the large plane market


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: leslie josephs, david ryder, bloomberg, getty images
Keywords: news, cnbc, companies, investigator, older, boeing, clear, plane, max, lion, justice, similarities, transportation, journal, french, system, crashes, 737


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US DOT probes FAA’s approval of Boeing 737 Max planes in crashes: WSJ

Earlier this month, on March 10, a second Boeing 737 Max 8 plane crashed shortly after take-off, killing all 157 people on board the Ethiopian Airlines plane. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages. The Justice Department did not immediately respond to CNBC’s request for comment which was sent outside U.S. office hours. When contacted for comment on the Journal report, an FAA spokesm


Earlier this month, on March 10, a second Boeing 737 Max 8 plane crashed shortly after take-off, killing all 157 people on board the Ethiopian Airlines plane. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages. The Justice Department did not immediately respond to CNBC’s request for comment which was sent outside U.S. office hours. When contacted for comment on the Journal report, an FAA spokesm
US DOT probes FAA’s approval of Boeing 737 Max planes in crashes: WSJ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: yen nee lee, stephen brashear, getty images
Keywords: news, cnbc, companies, 737, dot, crashes, boeing, planes, investigation, probes, approval, department, journal, report, max, plane, wsj, faas, justice, reported


US DOT probes FAA's approval of Boeing 737 Max planes in crashes: WSJ

The U.S. Department of Transportation is investigating whether there were lapses in the Federal Aviation Administration’s approval of Boeing planes involved in two recent fatal crashes, The Wall Street Journal reported on Sunday.

The DOT probe was launched after a new Boeing 737 Max 8 operated by Indonesia’s Lion Air crashed into the Java Sea in October last year, according to the Journal, which cited people familiar with the inquiry. None of the 189 people on board survived.

Earlier this month, on March 10, a second Boeing 737 Max 8 plane crashed shortly after take-off, killing all 157 people on board the Ethiopian Airlines plane. Ethiopian Transport Minister Dagmawit Moges said on Sunday that preliminary data retrieved from the plane’s flight data recorder showed “a clear similarity” with the Indonesian incident.

The Journal reported in an update to the article that a grand jury in Washington issued a broad subpoena one day after the Ethiopian Airlines crash to at least one person involved in the development of the Boeing 737 Max. The subpoena, which reportedly involves a prosecutor from the Justice Department, was said to seek relevant documents, such as emails and other messages.

It is not clear whether the probe by the Justice Department is related to the DOT’s investigation, according to the Journal report. The Justice Department did not immediately respond to CNBC’s request for comment which was sent outside U.S. office hours.

Shares of Boeing, a component of the Dow Jones Industrial Average, rose 1.52 percent to $378.99 on Friday but have fallen sharply from their 52-week high of $446.01 reached earlier this month.

The DOT investigation is concentrated on a flight safety system suspected of playing a role in the fatal crash in Indonesia, the Journal reported. The WSJ reported in November last year that Boeing failed to warn the airline industry about a potentially dangerous feature in its new flight-control system.

When contacted for comment on the Journal report, an FAA spokesman referred CNBC to the DOT instead. The transportation department did not immediately reply to CNBC’s request for comment, which was sent outside U.S. office hours.

After two fatal crashes in less than six months involving the same plane model, authorities around the world — including the U.S., Europe, China and Indonesia — grounded Boeing 737 Max planes.

For the full report on the DOT’s investigation, read The Wall Street Journal.


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: yen nee lee, stephen brashear, getty images
Keywords: news, cnbc, companies, 737, dot, crashes, boeing, planes, investigation, probes, approval, department, journal, report, max, plane, wsj, faas, justice, reported


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After two fatal Boeing plane crashes, the world turned on the US

China moved first. By midday Wednesday more than 30 countries and airlines from India to Italy had banned Boeing 737 Max jets from their skies after a second fatal crash of one of the planes brought the death toll to 346 people. The deadly crashes raised concerns around the world that they may have both been caused by software Boeing added to the modern version of its workhorse jet. But the U.S. aviation regulator repeatedly stood by the American-made plane, even as close allies like the Europea


China moved first. By midday Wednesday more than 30 countries and airlines from India to Italy had banned Boeing 737 Max jets from their skies after a second fatal crash of one of the planes brought the death toll to 346 people. The deadly crashes raised concerns around the world that they may have both been caused by software Boeing added to the modern version of its workhorse jet. But the U.S. aviation regulator repeatedly stood by the American-made plane, even as close allies like the Europea
After two fatal Boeing plane crashes, the world turned on the US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-17  Authors: leslie josephs, dimas ardian, bloomberg, getty images
Keywords: news, cnbc, companies, boeing, crashes, turned, workhorse, unprecedented, version, fatal, toll, plane, aviation, union, unfamiliar, world


After two fatal Boeing plane crashes, the world turned on the US

China moved first. Indonesia followed. Then Singapore and Australia.

By midday Wednesday more than 30 countries and airlines from India to Italy had banned Boeing 737 Max jets from their skies after a second fatal crash of one of the planes brought the death toll to 346 people. The deadly crashes raised concerns around the world that they may have both been caused by software Boeing added to the modern version of its workhorse jet.

But the U.S. aviation regulator repeatedly stood by the American-made plane, even as close allies like the European Union decided to suspend the plane from operating there.

It left the Federal Aviation Administration, which has presided over an unprecedented period of commercial airline safety at home, in an unfamiliar state: alone.


Company: cnbc, Activity: cnbc, Date: 2019-03-17  Authors: leslie josephs, dimas ardian, bloomberg, getty images
Keywords: news, cnbc, companies, boeing, crashes, turned, workhorse, unprecedented, version, fatal, toll, plane, aviation, union, unfamiliar, world


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Cathay Pacific says it’s ‘very happy’ with its Boeing fleet, despite recent 737 Max crash

U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board. Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet. Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing


U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board. Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet. Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing
Cathay Pacific says it’s ‘very happy’ with its Boeing fleet, despite recent 737 Max crash Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: shirley tay, marcio rodrigo machado, getty images
Keywords: news, cnbc, companies, cathay, crash, pacific, despite, 737, airlines, plane, recent, fleet, hogg, boeing, happy, operated, max, killing, ethiopian


Cathay Pacific says it's 'very happy' with its Boeing fleet, despite recent 737 Max crash

U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board.

Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet.

Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing 777, Airbus A350 and A330. The airline does not fly the Boeing 737 Max.

“It is a tragedy, but we’re very happy with both sets of aircraft that we have,” Hogg said, in reference to Sunday’s deadly crash.

The fatal accident involving Ethiopian Airlines flight 302 — which killed all 149 passengers and eight crew members — comes less than five months after the same model plane operated by Indonesia’s Lion Air crashed shortly after taking off from Jakarta, killing all 189 on board.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: shirley tay, marcio rodrigo machado, getty images
Keywords: news, cnbc, companies, cathay, crash, pacific, despite, 737, airlines, plane, recent, fleet, hogg, boeing, happy, operated, max, killing, ethiopian


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How LeBron James teaches his kids about money

One of the ways he helps his kids maintain perspective, he tells Carter, is by making sure they know how ordinary people travel. While there are times when they join him on his private plane, James says, he and his wife “try to balance it. Kevin O’Leary has a similar parenting style: He flies first class, but he makes his kids Trevor and Savannah fly coach. “My son is making the connection between money and personal freedom,” O’Leary writes in his book, “Cold Hard Truth on Family, Kids and Money


One of the ways he helps his kids maintain perspective, he tells Carter, is by making sure they know how ordinary people travel. While there are times when they join him on his private plane, James says, he and his wife “try to balance it. Kevin O’Leary has a similar parenting style: He flies first class, but he makes his kids Trevor and Savannah fly coach. “My son is making the connection between money and personal freedom,” O’Leary writes in his book, “Cold Hard Truth on Family, Kids and Money
How LeBron James teaches his kids about money Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: kathleen elkins, slaven vlasic, getty images entertainment, getty images, nathaniel s butler, national basketball association, -lebron james
Keywords: news, cnbc, companies, money, making, lebron, plane, james, sit, fly, sure, kids, teaches, trevor, private, flight


How LeBron James teaches his kids about money

“No matter if you came from the top of the top or you came from the bottom of the bottom, you still have a road to travel.”

One of the ways he helps his kids maintain perspective, he tells Carter, is by making sure they know how ordinary people travel.

“I’m in a position now where it’s very hard for me to fly commercial. It’s just a hassle. I want my privacy. I want my downtime … so I fly private,” he says. His kids can’t assume they get to too, though. While there are times when they join him on his private plane, James says, he and his wife “try to balance it. Like, OK, yeah, we’re going to fly private sometimes, but at the same time, we’re going to fly commercial [too], just to make sure [they] see both sides of the fence.”

Kevin O’Leary has a similar parenting style: He flies first class, but he makes his kids Trevor and Savannah fly coach.

As the “Shark Tank” star recalls to CNBC Make It, on one occasion, “we were getting on a flight to Geneva. It’s a long flight, and Trevor said to me, ‘Dad, why is it every time we get on this flight, I have to take a left and go sit in the back of the plane, and you take a right and go to the front? [You] sit in a big chair and they roll roast beef on a trolley by you, and I’m back in 69D.'”

O’Leary had a simple answer: “I say, ‘Trevor, you don’t have any money.'”

“My son is making the connection between money and personal freedom,” O’Leary writes in his book, “Cold Hard Truth on Family, Kids and Money.” “I think that’s the greatest gift I’ve ever given him: to help him see that connection. And I constantly reinforce it by doing Mean Dad things like making him sit in those crappy economy seats.”

Don’t miss: The crucial money lesson LeBron James’ uncles taught him when he was a kid

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Company: cnbc, Activity: cnbc, Date: 2019-03-12  Authors: kathleen elkins, slaven vlasic, getty images entertainment, getty images, nathaniel s butler, national basketball association, -lebron james
Keywords: news, cnbc, companies, money, making, lebron, plane, james, sit, fly, sure, kids, teaches, trevor, private, flight


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Boeing’s top-selling plane raises safety concerns after second deadly crash in 5 months

Boeing’s fastest-ever selling aircraft is sparking safety concerns after an Ethiopian Airlines 737 MAX jet crashed shortly after takeoff on Sunday, killing everyone on board. It is the second deadly crash for the plane in less than five months. Cayman Airways grounded its two Boeing 737 MAX planes until more information about the crash emerges. Flight-tracking site Flightradar24, said that data “show that vertical speed was unstable after take off” on the Ethiopian Airlines plane, a sign it stru


Boeing’s fastest-ever selling aircraft is sparking safety concerns after an Ethiopian Airlines 737 MAX jet crashed shortly after takeoff on Sunday, killing everyone on board. It is the second deadly crash for the plane in less than five months. Cayman Airways grounded its two Boeing 737 MAX planes until more information about the crash emerges. Flight-tracking site Flightradar24, said that data “show that vertical speed was unstable after take off” on the Ethiopian Airlines plane, a sign it stru
Boeing’s top-selling plane raises safety concerns after second deadly crash in 5 months Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-10  Authors: leslie josephs, michael tewelde, afp, getty images
Keywords: news, cnbc, companies, boeings, planes, safety, boeing, topselling, ethiopian, takeoff, killing, months, crash, concerns, airlines, 737, max, deadly, raises, plane, second


Boeing's top-selling plane raises safety concerns after second deadly crash in 5 months

Boeing’s fastest-ever selling aircraft is sparking safety concerns after an Ethiopian Airlines 737 MAX jet crashed shortly after takeoff on Sunday, killing everyone on board. It is the second deadly crash for the plane in less than five months.

Ethiopian Airlines Flight 302 crashed in a rural area southeast of Addis Ababa, killing all 149 passengers and eight crew members on board. The aircraft left the Ethiopian capital at 8:38 a.m. local time in clear weather and lost contact six minutes later, the airline said. Victims included citizens of over a dozen countries, including Kenya, Canada, the United States, Great Britain, China and Italy.

The flight was operated on a new Boeing 737 MAX 8, the same type that went down in the Java Sea, just after takeoff from Jakarta, Indonesia, in October, killing all 189 aboard.

What brought down the four-month-old Ethiopian Airlines plane is not clear, but it is uncommon to have two fatal crashes of new planes so close together, industry experts said.

“It’s almost unheard of,” said John Cox, a senior crash investigator and former airline pilot. Cox and others warned that it is early in the crash investigation and there is no indication yet whether the two crashes were caused by the same factors.

Chinese aviation officials told domestic airlines to temporarily ground theirBoeing 737 MAX 8 jets following the crash and of Monday morning, many had complied, according to flight trackers. China’s Civil Aviation Authority said in a statement that it will contact Boeing and the Federal Aviation Administration and let airlines know when to resume flights after it makes sure the planes can fly safely.

Cayman Airways grounded its two Boeing 737 MAX planes until more information about the crash emerges. Its CEO Fabian Whorms said that the airline stands by “our commitment to putting the safety of our passengers and crew first by maintaining complete and undoubtable safe operations.”

While both the Ethiopian and Lion Air planes had crashed minutes after takeoff, Lion Air had reported problems aboard its plane leading up to the crash, which did not appear to be the case in the Ethiopian crash, Cox noted. Flight-tracking site Flightradar24, said that data “show that vertical speed was unstable after take off” on the Ethiopian Airlines plane, a sign it struggled to gain altitude.

The Boeing 737 MAX has been flying for less than two years and is a best-seller for the Chicago-based aircraft manufacturer. Boeing has delivered 350 MAX jets to airlines around the world since May 2017 and had more than 4,660 in its order book as of January, according to the company.

The Ethiopian crash raises questions about the top-selling plane made by Boeing, whose commercial airplane business generated nearly 60 percent of the company’s record $101.1 billion in revenue last year, as airlines around the world race to bolster their fleets to cater to growing demand. The manufacturer’s stock is up 31 percent this year, making it the top gainer in the Dow Jones Industrial Average.


Company: cnbc, Activity: cnbc, Date: 2019-03-10  Authors: leslie josephs, michael tewelde, afp, getty images
Keywords: news, cnbc, companies, boeings, planes, safety, boeing, topselling, ethiopian, takeoff, killing, months, crash, concerns, airlines, 737, max, deadly, raises, plane, second


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Check out Honda’s new $5 million private jet

Most people associate Honda with cars and motorcycles, but the Japanese auto manufacturer can also help you travel through the air. The latest HondaJet Elite six-seater aircraft is priced at $5.25 million. The company describes it as “the fastest, furthest and highest-flying plane in its class.” The private jet has a top speed of 486 miles-per-hour and a range of 1,437 nautical miles.


Most people associate Honda with cars and motorcycles, but the Japanese auto manufacturer can also help you travel through the air. The latest HondaJet Elite six-seater aircraft is priced at $5.25 million. The company describes it as “the fastest, furthest and highest-flying plane in its class.” The private jet has a top speed of 486 miles-per-hour and a range of 1,437 nautical miles.
Check out Honda’s new $5 million private jet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-04  Authors: tom huddleston jr, source, honda aircraft company
Keywords: news, cnbc, companies, jet, speed, range, plane, motorcycles, check, hondas, million, nautical, millionthe, priced, sixseater, private, travel


Check out Honda's new $5 million private jet

Most people associate Honda with cars and motorcycles, but the Japanese auto manufacturer can also help you travel through the air.

The latest HondaJet Elite six-seater aircraft is priced at $5.25 million.

The company describes it as “the fastest, furthest and highest-flying plane in its class.” The private jet has a top speed of 486 miles-per-hour and a range of 1,437 nautical miles.


Company: cnbc, Activity: cnbc, Date: 2019-03-04  Authors: tom huddleston jr, source, honda aircraft company
Keywords: news, cnbc, companies, jet, speed, range, plane, motorcycles, check, hondas, million, nautical, millionthe, priced, sixseater, private, travel


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