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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (1124244)	3/12/2019 6:25:58 PM
From: sylvester80	Read Replies (1) \| Respond to of 1575174

POS tRump LOSING: Boeing Losing Premium Over Airbus on Groundings: 737 Max Update By Benjamin D Katz March 12, 2019, 4:25 AM MST Updated on March 12, 2019, 11:25 AM MST bloomberg.com China Grounds Boeing 737 Max Planes Europe Grounds Boeing 737 Max Planes India Grounds Boeing 737 Max Planes UK Grounds Boeing 737 Max Planes Ireland Grounds Boeing 737 Max Planes Singapore Grounds Boeing 737 Max Planes Australia Grounds Boeing 737 Max Planes More than 50% of ALL Boeing 737 Max Planes HAVE BEEN GROUNDED Boeing Co. shares sank after European regulators issued a blanket ban on 737 Max flights, and India also joined in a global rebuke of the U.S. manufacturer’s most important plane in the wake of Sunday’s deadly Ethiopian Airlines crash. Key Developments: The European aviation authority EASA grounded 737 Max flights across the region India followed late Tuesday The moves will put pressure on Boeing and further isolate the U.S. Federal Aviation Administration, which has assured passengers that the jet model remains airworthy Boeing shares fell as much as 8 percent in New York Bonds also declined and costs to insure Boeing’s debt rose the most in three years Wreckage recovered from the crash site. Photographer: Jemal Countess/Getty Images The regulators’ decisions, following similar steps in China, Indonesia and Singapore, will add to questions around the future of the newest addition to Boeing’s 737 family, a cash cow that generates almost a third of the company’s operating profit. While investigators are still piecing together why an Ethiopian Airlines 737 Max 8 plunged to the ground minutes after takeoff Sunday, regulators across the globe took pre-emptive action.