Stock market today: Latest news – CNN

0

After nearly every country in the world determined that Boeing’s 737 Max airplane should be kept on the ground, Boeing finally relented on Wednesday afternoon and said, in a statement, that it would tell the FAA to ground its entire fleet.

It cited no additional findings or data, rather said the plane should be suspended “out of an abundance of caution and in order to reassure the flying public of the aircraft’s safety.”

Dennis Muilenburg, president of Boeing, said:

“We are supporting this proactive step out of an abundance of caution. Safety is a core value at Boeing for as long as we have been building airplanes; and it always will be.”

Boeing, the company said, makes this recommendation and supports the decision by the FAA.

Here’s the FAA’s statement on grounding the planes:

Get live updates on this developing story.

Source

Leave A Reply

Your email address will not be published.