Boeing Stock Tumbles As Trump Grounds 737 Max Planes

Boeing Stock Tumbles As Trump Grounds 737 Max Planes from ZeroHedge

Update (2:30 pm ET): President Donald Trump said the U.S. is grounding flights by Boeing Co.’s 737 Max aircraft “effective immediately” following the model’s second crash in five months on Sunday.

“Planes that are in the air will be grounded…upon landing at the destination…All airlines are agreeing with this.”

“The safety of the American people and all people is our paramount concern,” Trump said Wednesday at the White House.

Hopefully they will very quickly come up with the answer but until they do the planes are grounded.”

Here are all the Boeing 737 Max planes in the air as of 230pm ET (6 Max 9, and 75 Max 8 planes)

Continue Reading / ZeroHedge>>>

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