CEO: Boeing made mistake in handling warning-system problem|ANGELA CHARLTON,//Associated Press
NEW YORK/ADDIS ABABA. – Boeing Chief Executive Officer Dennis Muilenburg faces his biggest crisis yet following the second deadly crash of a 737 Max airliner, prompting airlines to ground the best-selling narrow-body and threatening to end Boeing’s three-year stock rally.
China ordered its carriers to ground all 96 of Boeing’s newest 737 model, while Indonesia said it would also halt flights after Ethiopian Airlines Flight 302 went down in a field shortly after takeoff Sunday, killing all 157 people on board.
Ireland’s main aircraft lessors have had at least 224 Boeing 737 MAX 8 aircraft delivered or are on order, figures compiled by The Irish Times show.
The relatively new aircraft type has recorded two fatal crashes since its entry into service, including that of Ethiopian Airlines flight 302 and Lion Air flight 610.
Dublin-headquartered SMBC Aviation Capital appears to be the biggest owner of MAX 8s that operates out of the Republic, with five owned, three managed and about 110 committed. The company recently delivered one to Icelandair, and in December signed a deal with US budget carrier Southwest for 12 MAX 8s in a sale and leaseback agreement.
ADDIS ABABA/BEIJING (Reuters) – China, Indonesia and Ethiopia grounded their Boeing Co 737 MAX 8 fleets on Monday while investigators found the black box from a crash that killed 157 people in the second disaster involving that airplane model in six months.