50 countries ground the Boeing 737 Max after Ethiopian Airlines crash

The 737 Max crisis has wiped more than $25 billion off Boeing's market value

50 countries ground the Boeing 737 Max after Ethiopian Airlines crash

By CNN

In the past 24 hours, international concern over the possible dangers of Boeing’s 737 Max 8 aircraft has only continued to grow.

US President Donald Trump announced Wednesday afternoon he would immediately ground all Boeing 737 Max 8 and 9 aircraft, amid concerns over their involvement in two major plane crashes less than six months apart.

Boeing issued a statement saying they would recommend the temporary global suspension of the entire 737 Max fleet. Fifty countries have now grounded or banned the planes inside their airspace.

It has only been four days since the Ethiopian Airlines crash which killed 157 people and sparked the growing backlash.

On Thursday morning, the plane’s black box is expected to arrive in Paris for analysis, potentially providing answers to victims’ families still mourning their loved ones.

Ethiopian Airlines CEO Tewolde GebreMariam told CNN’s Richard Quest on Tuesday that Ethiopia did not have the necessary equipment to perform analysis tasks on its own and would work alongside external analysts.

Read More: Boeing 737 Max 8 planes grounded after Ethiopian crash

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