Despite crash, US regulator says 'no basis' to ground Boeing 737 MAX planes

Despite Boeing's assurances that the plane is safe and reliable, EU, Britain and India joined China and other countries in either grounding the best-selling plane or banning it from their airspace

Boeing 737 MAX
Boeing shares fell over 6% intra-day in New York, after logging the biggest drop among S&P 500 index members the previous day
AFP Washington
2 min read Last Updated : Mar 13 2019 | 7:13 AM IST

The US aviation regulator said Tuesday that there is "no basis" for grounding Boeing's 737 MAX aircraft, one of which was involved in a crash in Ethiopia that killed 157 people.

"Thus far, our review shows no systemic performance issues and provides no basis to order grounding the aircraft," Federal Aviation Administration chief Daniel Elwell said in a statement.

"Nor have other civil aviation authorities provided data to us that would warrant action." A new Ethiopian Airlines 737 MAX 8 went down minutes into a flight from Addis Ababa to Nairobi on Sunday, killing all 157 people on board.

That followed the October crash of a new Lion Air jet of the same model in Indonesia, which killed 189 people shortly after takeoff from Jakarta.
 

Despite Boeing's assurances that the plane is safe and reliable, the European Union, Britain and India joined China and other countries that either grounded the best-selling plane or banned it from their airspace as they await the investigation into the crash.

"In the course of our urgent review of data on the Ethiopian Airlines Flight 302 crash, if any issues affecting the continued airworthiness of the aircraft are identified, the FAA will take immediate and appropriate action," the FAA added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 13 2019 | 4:56 AM IST

Next Story