Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash


  • World
  • Friday, 15 Mar 2019

A member of a rescue team stands at the secured wreckage of the Ethiopian Airlines Flight ET 302 plane crash, near the town Bishoftu, near Addis Ababa, Ethiopia March 15, 2019. REUTERS/Tiksa Negeri

PARIS/ADDIS ABABA (Reuters) - The grounding of Boeing's 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday.

Ethiopian Airlines Flight 302 crashed soon after take-off from Addis Ababa last weekend, killing 157 people, the second such calamity involving Boeing's flagship new model after a jet came down off Indonesia in October with 189 people on board.

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