Published: Thu, March 14, 2019
World Media | By Shelia Harmon

Three flights cancelled at EIA after Canada grounds Boeing Max8 planes

Three flights cancelled at EIA after Canada grounds Boeing Max8 planes

The shares have tripled, boosting the company's market value by $140 billion and making Boeing the most valuable USA industrial company.

Transport Minister Marc Garneau is grounding all Boeing 737 Max 8 airplanes in Canada over safety concerns arising from the crash of an Ethiopian Airlines flight that killed all on board, including 18 Canadians.

The suspension comes after 157 people aboard an Ethiopian Airlines Boeing 737 MAX were killed when the flight crashed shortly after takeoff on on Sunday morning, which followed another 737 MAX crash in late October previous year, in which all 189 passengers and crew were killed.

"They don't have another 24 jets just sitting parked somewhere that they can bring into service to cover it.They'll have to cancel flights", he said.

All Boeing 737 Max 8 and 9 planes will be grounded upon landing at their destination, CBS News' Kris Van Cleave reports.

"The FAA continuously assesses and oversees the safety performance of USA commercial aircraft", the agency said in a statement.

Boeing makes this recommendation and supports the decision by the FAA.

"It's a awful, bad thing".

Boeing tumbled the most on the S&P 500 Index as questions swirled around the newest version of its 737 family, a cash cow that generates nearly a third of the company's operating profit. "They are working very hard right now".

Other carriers, including China have grounded the B737 MAX 800 aircraft in their fleets due to safety concerns.

It has also reviewed production processes related to the sensor and the anti-stall software, known as the Maneuvering Characteristics Augmentation System, or MCAS, the document said.

"What we can say is we don't have the capability to probe it here in Ethiopia", he said.

Air Canada, along with Southwest and American Airlines, have been the major outliers in resisting a grounding of the planes.

Most airlines have spare planes positioned throughout the country to deal with mechanical and weather delays, he said.

"We remain in close contact with the European Aviation Safety Agency (EASA) and industry regulators globally".

The Ethiopian Airlines plane that crashed on Sunday and a Lion Air 737 Max jet that crashed in October, killing 189, both exhibited similar flight patterns before crashing, Mr. Garneau said, indicating there are possible problems with the automatic features of the planes' controls. Pilots could counteract the sudden downward tilt by flipping two switches and manually holding the aircraft stable, the planemaker said.

Aviation authorities in the US have expressed continued confidence in the aircraft, despite mandating a software update following Sunday's crash.

Michael O'Leary said he was "not particularly" concerned about the crash and that he expected the investigation into the crash to have been completed before the first delivery is made.

The agency said in a statement it was "taking every step necessary to ensure the safety of passengers".

"This was a great loss for our country, so it is something that has really viscerally caught the attention of Canadians", Garneau said.

The U.S. President did not elaborate on what information the U.S. had received.

Boeing is also set to update its training requirements and flight crew manuals to reflect the changes.

Norwegian travel agent Berg-Hansen, dealing with cancellations of flights on Norwegian Air's 737 MAX planes, said clients were mainly concerned about whether their flights were still scheduled to fly and the need to rebook if so.

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