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Australia, Singapore Ground Boeing’s 737 Max Planes

  • Ethiopian crash was second disaster in 5 months for the model
  • FAA stands by the jet, while other air regulators take action
Bloomberg business news
U.S. aviation regulators say Boeing’s 737 Max aircraft remain airworthy. Bloomberg’s Stephen Engle reports.(Source: Bloomberg)
Updated on

Boeing Co. grappled with more groundings of its most important airliner as operators from Brazil to South Korea idled the 737 Max following a second deadly crash, throwing the U.S. manufacturer deeper into crisis.

After China became the first major market on Monday to halt take-offs and landings of Boeing’s latest single-aisle model, flight halts quickly cascaded around the globe. Singapore barred all 737 Max service in and out of the city-state, a move that was followed by Australia and Malaysia.