Boeing shares fall after probe report into FAA approval of 737 MAX

Boeing 737 Max

A Washington, D.C. -based grand jury issued "a broad subpoena dated March 11" to at least one person involved in the development of the aircraft, the journal reported, citing people familiar with the matter.

Preliminary information from the flight data recorder of an Ethiopian Airlines plane that crashed a week ago and killed 157 people shows "clear similarities" with an earlier disaster involving the same kind of Boeing aircraft in Indonesia, Ethiopia's transport minister said yesterday.

Flight recorder data recovered from the wreckage of Boeing 737 MAX planes that crashed in Ethiopia and Indonesia shows "clear similarities", Addis Ababa said Sunday as the USA maker announced it was finalizing a software update for its under fire anti-stall system.

They are anxious that it may have sent the wrong signals to new software on the Lion Air Flight 610, which crashed in October, that automatically dips the plane's nose to prevent a stall.

The US's air-safety agency initially resisted moves by its worldwide peers to ground the 737 MAX after the second crash. Much of the attention focused on a specific flight-control system known as MCAS that may have thwarted pilots' efforts to keep the plane from falling into a catastrophic nose dive.

Dennis Tajer, an American Airlines pilot and a spokesman for their union, said Boeing held a discussion with airlines last Thursday but did not invite pilots at American or Southwest, the two USA carriers that use the same version of the Max that crashed in Indonesia and Ethiopia.

Apple unveils revamped iPads as it readies taking on Netflix
Both offer an aluminium body with curved edges and rounded corners and both come in Silver , Space Grey and Gold colour options. The 10.5-inch iPad Pro that Apple was selling previous to today cost from £619 - nearly 30% more than the new iPad Air .

Boeing airliners are built near Seattle.

American pilots had complained of the flaw, and Boeing has been working on a software upgrade to the system and issued new instructions about how to override the issue in the meantime. The safety notice restricts all commercial flights of the Boeing Max 8 and Max 9 aircraft from arriving, departing or overflying Canadian airspace.

The US Transportation Department's inspector general is probing the FAA's approval of the MCAS, the Wall Street Journal reported.

Last week, sources told Reuters investigators found a piece of a stabiliser in the Ethiopian wreckage set in an unusual position similar to that of the Lion Air plane.

Boeing told the newspaper Saturday the FAA had reviewed the company's data on the plane and "concluded that it met all certification and regulatory requirements", and repeated that comment on Sunday in a statement to Bloomberg News. It has said the process followed FAA's standard process.

This is done through horizontal stabilizers on the plane's tail which are activated by the aircraft's flight control computer. The French agency said on Twitter it had not listened to the audio files and the data had been transferred to Ethiopian investigators. For now, Boeing continues to build planes while keeping them parked. The series of crashes has resulted in an global investigation, and the grounding of the Boeing 737 Max aircraft worldwide.

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