What’s Next for the Boeing 737 Max After Global Grounding

The U.S. Federal Aviation Administration on March 13 grounded the Boeing 737 Max, following the lead of other regulators. The moves followed the crash of an Ethiopian Airlines 737 Max 8 plane on March 10, the second accident involving the aircraft in five months. In both instances, the passenger jet crashed shortly after takeoff.

Because the FAA certifies the plane, the agency’s decision essentially suspended operation of the jet. These are the countries that had restricted the aircraft before the U.S. announcement. Several airlines had also grounded the 737 Max independently.

The deepening crisis comes as Boeing is working through more than 5,000 orders for the new plane, many to airlines in the U.S. and Asia. Some are now in question, with customers such as Vietjet saying they will reassess purchase plans once the investigation of the latest crash is complete.

Read the latest from Bloomberg’s coverage of Boeing’s 737 Max jet