Ethiopian Airlines Crash Updates: Expect Delays

‘ The so-called black boxes, voice and flight data recorders, recovered from the wreckage of Flight 302 were sent to France for analysis on Thursday, Ethiopian Airlines said. Satellite data has revealed similarities between Sunday’s crash and the October crash of a plane flown by the Indonesian carrier Lion Air, but the recorders contain more detailed information about the Ethiopian flight’s final moments.

Were you following this:

FAA says evidence begins to connect Boeing 737 Max 8 crashes

737 Max groundings put a major source of Boeing’s revenue at risk, Wall Street warns

Boeing’s stock posted its biggest two-day drop in a decade, and several Wall Street firms are warning that investors are still not anticipating the risk now facing the company’s core airplane model.

“The 737 MAX is the largest product revenue and EBIT (earnings before interest and taxes) contributor at Boeing, causing substantial investor questions on the situation,” Goldman Sachs analyst Noah Poponak said in a note to investors. “We believe investors were pricing in very limited risk to the 737 ramp-up profile, which now has greater risk within the wide range of possible outcomes following these incidents.”

Latest tweet by publisher

Boeing and the FAA Already Lost Control of the Narrative

Dozens of Boeing 737 Max jets grounded as Ethiopian Airlines jet’s “black boxes” found

Ethiopian Airlines confirmed in a tweet that both of the plane’s “black boxes,” the flight data and cockpit voice recorders, had been found.’

Accident Bulletin no. 6 Issued on March 11, 2019 at 01:40 PM Local TimeThe Digital Flight Data Recorder(DFDR) and Cockpit Voice Recorder(CVR) of ET302 have been Recovered.

An airline official, however, told The Associated Press that at least one of the recording devices — which can provide key insight to accident investigators — was partially damaged and, “we will see what we can retrieve from it.”

Ethiopian Airlines said, “Although we don’t yet know the cause of the accident, we had to decide to ground the particular fleet as (an) extra safety precaution.” ‘

Latest tweet by publisher