Why doesn't the U.S. ground the Boeing 737 MAX 8?

According to the New York times, if a plane is to be grounded, the faa must point to widespread design or manufacturing problems inherent in the aircraft.As a result, when the agency does not have specific findings, it may hesitate to make a decision on grounding.The investigation into the crash is at an early stage, and the agency said in a statement on Monday that "immediate action will be taken if any safety problems are found."

The last time the U.S. grounded a plane was in 2013.At the time, the faa grounded all Boeing 787s after confirming problems with the plane's battery system.But that's very rare in U.S. history, and if it happens regularly, it's a sign of a regulatory oversight loophole.

Experience is also one of the criteria by which regulators make decisions, the report said.Regulatory standards vary from country to country and from airline to airline, depending on experience.In developing countries with rapidly expanding aviation markets, pilots often have less experience than their counterparts in developed countries.Inexperienced pilots often rely heavily on automated systems that rely on reliable data, which could challenge their courage and ability to fly if they get instrument data wrong.

Some airlines are forced to suspend flights because of passenger pressure.Comair, the South African airline, initially said it would continue to operate its Boeing 737 MAX aircraft, but decided to ground it after passengers expressed concerns.

In the United States, calls for a grounding are growing, including from some senators."The world has now witnessed the second tragic accident on one of these planes in less than six months," democratic senator Elizabeth warren, who announced her candidacy in 2020, said in a statement.Although we do not know the cause of these crashes, serious questions remain, such as whether the planes were put into use without pilot training to save money.Today, the faa should immediately ground these planes.

What impact will the grounding have on Boeing?

According to CNN, for decades, the Boeing 737 series has been the main force of short-range and medium-range routes, among which the 737 MAX is the latest model of the series and the best-selling aircraft of Boeing company so far. Thousands of planes of this series are ordered by various airlines.The 737 MAX 8, launched by Boeing two years ago, is particularly popular, while the 737 MAX 9 has only recently gone on sale and the 737 MAX 10 has yet to be delivered.Last year, the 737 MAX accounted for 72 percent of Boeing's total aircraft deliveries.Boeing also plans to produce 59 737s a month this year, more than four times the lifetime production of its second best-selling plane, the 787 series.

Boeing co shares plunged as more countries grounded its 737 MAX, wiping at least $25 billion off its market value in two days, Reuters reported.Boeing shares were down 7 per cent in midday trading on March 12, a day after falling 5 per cent.

Despite all the negative headlines about Boeing, thiel aviation analyst Richard Aboulafia predicted that the Ethiopian crash was unlikely to have much impact on Boeing's bottom line, according to CNN."Given the company's revenue base, that's not too burdensome."He said.

In 2018, Boeing produced 806 commercial jets with sales of more than $100 billion, the first time in the company's 102-year history that sales have been this good.Boeing shares were up 31% this year before the Ethiopian disaster.

Can us tourists specify not to take Boeing 737 MAX 8?

Southwest airlines and American airlines, the two major U.S. carriers with the 737 MAX 8, have not grounded or canceled or changed their flights.

According to CNN, there are 54 operators around the world operating about 350 Boeing 737 MAX 8s, according to the faa.Passengers can check the model on their boarding pass or ticket, or call the airline.American airlines and southwest airlines say passengers can change their tickets if they don't want to fly on the Boeing 737 MAX 8.

However, passengers do not have the right to specify not to fly on a 737 MAX.According to CNN, under faa rules, airlines can replace different models in the same family."Airlines have the right to change aircraft," said Mary Schiavo, a former inspector general at the department of transportation.You may have ordered a Boeing 737 500, but it turns out to be a 737 MAX 8.In theory, they don't have to comply with your request...So you don't have the right to specify not to take the 737 MAX."