U.S. says 737 MAX safe to fly after Ethiopia crash; Boeing shares dip

Airplane engine parts are seen at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. REUTERS/Tiksa Negeri

GARA-BOKKA, Ethiopia/WASHINGTON (Reuters) - The United States told airlines it was safe to fly 737 MAX 8 planes on Monday as investigators found two black box recorders that will help piece together the final moments of an Ethiopian Airlines jet before it plunged to the ground on Sunday.

China and Indonesia grounded their fleets of 737 MAX 8 aircraft earlier on Monday, citing safety concerns, contributing to a drop in Boeing Co shares that wiped billions of dollars off the market value of the world's biggest plane maker.