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Boeing : Ethiopia crash black boxes probed in France, families mourn
PARIS/ADDIS ABABA (Reuters) - Investigators in France took possession of the crashed Ethiopian Airlines jet's black boxes on Thursday, seeking clues into a disaster that has grounded Boeing's global 737 MAX fleet and left scores of families mourning and angry.
Sunday's crash after take-off from Addis Ababa killed 157 people from 35 nations in the second such calamity involving Boeing's flagship new model in six months.
Possible links between the accidents have rocked the aviation industry, scared passengers worldwide, and left the world's biggest planemaker scrambling to prove the safety of a money-spinning model intended to be the standard for decades.
Relatives of the dead stormed out of a meeting with Ethiopian Airlines on Thursday, decrying a lack of transparency, while others made the painful trip to the crash scene.
"I can't find you! Where are you?" said one Ethiopian woman, draped in traditional white mourning shawl, as she held a framed portrait of her brother in the charred and debris-strewn field.
Nations around the world, including an initially reluctant United States, have suspended the 371 MAX models in operation, though airlines are largely coping by switching planes.
Another nearly 5,000 MAXs are on order, meaning the financial implications are huge for the industry.
PARIS INVESTIGATION
After an apparent tussle over where the investigation should be held, the flight data and cockpit voice recorders arrived in Paris and were handed over to France's Bureau of Enquiry and Analysis for Civil Aviation Safety (BEA) agency.
A BEA spokesman said he did not know what condition the black boxes were in. "First we will try to read the data," he said, adding that the first analyses could take between half a day and several days.
The investigation has added urgency since the U.S. Federal Aviation Administration (FAA) on Wednesday grounded the 737 MAX aircraft citing satellite data and evidence from the scene indicating some similarities and "the possibility of a shared cause" with October's crash in Indonesia that killed 189 people.
Though it maintains the planes are safe, Boeing has supported the FAA move. Its stock has fallen about 11 percent since the crash, wiping nearly $26 billion off its market value.
It is unclear how long the Boeing aircraft will be grounded.
https://www.marketscreener.com/BOEING-COMPANY-THE-4816/news/Boeing-Ethiopia-crash-black-boxes-probed-in-France-families-mourn-28162610/
Placed only because of the choppiness in chart.
Not a big drop but passed daily avg volume a few minutes ago
Boeing (BA)
Volume 6,102,616
Avg. Volume 5,840,528
heard two people at park saying virtually same thing. Some are still convinced that Mueller report will be as they expected. Similar location.
>>5677555 Grand Jury Filing Over Use of Explosives on 9/11 “Names Names” of Who May Have Blown Up Towers
trip dub confirms NOTABLE
np duplicates occur and you know no one reads anymoar. It is a new issue of old story.
A tad over 8 day's of volume for it's short interest.
At the lowest point in 1 year
https://www.nasdaq.com/symbol/mnkd/short-interest
>Happy Hunting!