The crash on Sunday was the same plane as the Lion Air crash in October, which crashed into the Java Sea 12 minutes after takeoff.
The crash had eerie similarities to the Lion Air crash in October, which was also a Boeing 737 Max 8.Ethiopian Airlines flight 302
on Sunday, which killed all 157 passengers on board, was the second crash of a Boeing 737 Max in the last six months. That's forced some countries and airlines to halt their fleets while Boeing investigates if there's any link between Ethiopia's disaster and the crash of Lion Air flight 610, which A Boeing representative declined to comment on China's decision but told Business Insider in an email that a Boeing technical team would be traveling to the crash site in Ethiopia to provide technical assistance with the investigation.
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Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures.
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Boeing shares fall after second deadly 737 MAX 8 crashShares of Boeing Co slid 9 percent in early trading on Monday as many airlines g...
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Chinese carriers, Ethiopian Airlines suspend use of Boeing 737 MAX 8 aircraft after crashChina's aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX ...
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Boeing faces safety questions after second 737 crash in five monthsBoeing's bestselling passenger jet is facing increased scrutiny after being involved in two deadly crashes in less than five months, threatening to tarnish the US plane maker's reputation for safety.
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Boeing shares fall sharply after second deadly 737 MAX 8 crashShares of Boeing sank as some airlines grounded the planemaker's best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane.
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Airlines ground Boeing 737 MAX 8 planes after crash'Alarms should be and going off all through the aviation industry,' says transportation analyst MarySchiavo on the Ethiopia Airlines crash. She says the US should ground Boeing 737 MAX 8 planes for now. 'Everybody should... Boeing should take the lead.'
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