Boeing stock is in free-fall on Wednesday afternoon after US President Donald Trump announced that he had instructed the Federal Aviation Administration to halt all Boeing 737 MAX 8 and 9 flights following the Sunday crash of Ethiopian Airlines flight 302. Trump Halts Boeing MAX 737 8 Flights “All of those planes are grounded, effective immediately,” Trump said at the White House, adding that the FAA would provide more details in the coming hours. pic.twitter.com/2qWkPuFDL6 — Donald J. Trump (@realDonaldTrump) March 13, 2019 According to Trump, the FAA became aware of “new information” that led the agency to reverse course

The post Breaking: Boeing Stock Plummets after President Trump Halts 737 MAX 8 Flights appeared first on CCN

Categories: Mining