mo4ch:>Global airlines face huge losses due to grounding of Boeing 737 MAX 8 | Mo4ch News

The latest crash of Boeing’s best-selling passenger jet has sent shockwaves through the entire airline industry. Dozens of countries grounded the 737 MAX following national regulators’ requirements.The aircraft saw two deadly accidents in less than five months. Sunday’s tragedy in Ethiopia took the lives of 157 people. The crash in Indonesia in October killed 189 people.The narrow-body Boeing 737 MAX 8 that hit the market in 2017 has been generally recognized by dozens of air carriers across the globe for its bigger engine and improved fuel efficiency in comparison with previous versions. According to the producer, 355 MAX 8 jets were operated by global carriers as of January 31, 2019 with 5,123 total orders for the aircraft. The average price of the unit reportedly reaches $121.6 million.Also on rt.comTrump grounds troubled 737 MAX aircraft, Boeing stock tumblesBoth crashes involving MAX 8 planes are currently under investigations that could take months to complete. RT has decided to…