Boeing shares slide after second deadly 737 Max 8 crash

Boeing shares slide after second deadly 737 Max 8 crash

State-owned Ethiopian Airline had taken delivery of the Boeing 737-800 MAX plane on November 15. "We extend our heartfelt sympathies to the families and loved ones of the passengers and crew on board and stand ready to support the Ethiopian Airlines team".

The flight's pilot, a Canadian-European man, had been with the company since July 2010 and had more than 8,000 hours under his belt, Gebremariam said.

Boeing says it is not issuing new guidance to airlines about its 737 Max 8 aircraft after a second fatal crash on Sunday.

Ethiopian Airlines said it would send staff to the accident scene to "do everything possible to assist the emergency services".

"Boeing is deeply saddened to learn of the passing of the passengers and crew on Ethiopian Airlines Flight 302, a 737 MAX 8 airplane", the company said in a statement.

The airline, which was founded in 1945, has 110 aircraft in its fleet, including 28 737's, according to Planespotters.

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Ethiopia Airlines has gained the reputation of being one of the best airlines in Africa.

The plane, destined for Nairobi, hit the ground six minutes after departing Addis Ababa on Sunday morning.

It added that the search and rescue operations are in progress and "we have not confirmed information about survivors or any possible causalities". His father, Khalid Ali Abdulrahman, who was waiting for his son at the airport in Nairobi, said he feared the worst when a security official told him the plane had crashed.

It crashed near Bishoftu, located about 40 miles southeast of the Ethiopian capital.

Flight ET302 was six minutes outbound from Addis Ababa, Ethiopia when the worldwide airport lost contact with the plane. Shared concerns over the 737 MAX have prompted China's Civil Aviation Administration to place a temporary halt on MAX flights.

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