Boeing

BA

US0970231058

Aerospace & Defense

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Boeing : India to soon issue additional safety instructions for Boeing 737 MAX 8 planes

March 11, 2019 at 07:18 am EDT

NEW DELHI (Reuters) - India's Directorate General of Civil Aviation (DGCA) said on Monday it is reviewing safety issues related to Boeing's 737 MAX 8 aircraft operating in the country, a day after the fatal crash of one of the planes in Ethiopia.

A Nairobi-bound Boeing 737 MAX 8 operated by Ethiopian Airlines crashed minutes after takeoff from Addis Ababa on Sunday, killing all 157 on board. This is the second incident involving a Boeing 737 MAX jet since one run by Indonesia's Lion Air crashed in October.

The DGCA said it would issue additional safety instructions later on Monday or Tuesday for Indian carriers operating the Boeing 737 MAX 8 planes in India. Full service carrier Jet Airways Ltd and low-cost carrier SpiceJet Ltd own and operate these aircraft in India.

(Reporting by Aditi Shah; Editing by Sanjeev Miglani)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SPICEJET LIMITED	62.3 INR	-0.75%	-1.00%	590M
	JET AIRWAYS (INDIA) LIMITED	47 INR	-0.21%	-3.19%	64.24M

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Company Profile

The Boeing Company is the worldwide leader in aeronautical construction. Net sales (including intragroup) break down by market as follows: - commercial aviation (43.5%). In addition to commercial aircraft, the group supplies spare parts and offers technical support, maintenance and engineering services; - defense, space and security (32%): military aircraft and mobility systems (warplanes, helicopters, and air defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment (satellites, launch pads, etc.). The remaining sales (24.5%) are from services (logistics and supply management, engineering, maintenance, modification and training services, etc.), and commercial and private aircraft financing as well as aircraft equipment leasing activities. Net sales are distributed geographically as follows: the United States (58.4%), Europe (13.5%), Asia (12.9%), Middle East (8.5%), Oceania (2.1%), Canada (1.6%), Africa (1.1%) and other (1.9%).

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Aerospace & Defense

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07:30am - Q1 2024 Earnings Release

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Dow Jones Industrial , S&P 500

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A-

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OUTPERFORM

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169.2 USD

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232.3 USD

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+37.32%

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Sector Commercial Aircraft Manufacturing

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Commercial Aircraft Manufacturing

Boeing

Equities

BA

US0970231058

Aerospace & Defense

Boeing : India to soon issue additional safety instructions for Boeing 737 MAX 8 planes

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