Analysis: Countries are piling on to ban Boeing’s new plane from their airspace
Investigators look over debris from the crash site of Ethiopian Airlines Flight ET 302. By Ashley Nunes March 12 at 2:04 PM The European Union has just joined Australia and China in banning Boeing’s 737 Max 8 jetliner from their airspace, after Britain, France and Germany individually did so earlier Tuesday. This is likely to lead to greater pressure for a worldwide grounding of the aircraft. That will have big consequences for Boeing for the aviation industry, and perhaps for the U.S. economy.
Sales in the Asian Pacific market are particularly important to Boeing. According to the International Air Transport Association , an airline trade group, the region will be the biggest driver of air travel demand over the next decade with over half of all new passenger traffic coming from countries including Indonesia and China. Since Sunday’s crash, the Max has been banned from operating in both countries.
Blumenthal on Monday said the planes “should be grounded until the FAA can assure American travelers that these planes are safe.” On Tuesday, other U.S. lawmakers joined the chorus, calling on the FAA to take action.Crash investigators are expected to comb through the wreckage looking for clues. However, a report summarizing their findings is unlikely to be made public anytime soon. Investigations can often take months, if not years.
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