Aircraft Boeing has grounded its global of its 737 Max aircraft. This is after last week's Ethiopian Airlines . Two 737 Max airplanes have crashed in five . In October, a plane from Indonesia's Lion Air crashed in what experts say are similar . Investigators have recovered the black boxes in Ethiopia and will study the data in them to find the for the disaster. A spokesman from the USA's aviation administration said: "It became …that the track of the Ethiopian Airlines flight was very close and behaved very to the Lion Air flight."
Boeing views the 737 Max as a part of its future. The Max started flying in 2017. Boeing received 5,000 orders for the aircraft and has delivered 371. The has been disastrous for Boeing's . Its market value dropped by $26 billion. Boeing president Dennis Muilenburg said: "We are doing ...to understand the of the accidents (in partnership with the ), deploy safety enhancements, and help ensure this does not happen ." Boeing said that it "continues to have full confidence in the of the 737 Max".
