Software upgrade for grounded Max jets weeks away - Boeing

Embattled Boeing quietly unveils world’s longest passenger jet

Embattled Boeing quietly unveils world’s longest passenger jet

Iran's civil aviation authority said Friday it had banned Boeing 737 Max jets from its airspace, the latest in a series of countries to do so after a deadly crash.

An Ethiopian delegation delivered the cockpit voice and flight data recorders, which were damaged in the disaster, to France's BEA air safety agency to begin the investigation on Friday.

While Boeing Co.'s stock took a hit in light of the worldwide grounding of its 737 Max 8 and 9 aircraft, Canadian airlines have not seen their stocks dramatically dragged down this week.

Passengers from more than 30 countries were on board the Ethiopian Airlines flight from Addis Ababa to Nairobi.

The black boxes from the Ethiopian craft, which was only a few months old and crashed minutes after takeoff, are being analyzed by the French authorities to determine the cause of the accident.

Boeing said it supports the grounding of its planes as a precautionary step, while reiterating "full confidence" in their safety.

Air Canada and United Airlines on Friday became the first major carriers in North America to warn of negative financial implications to business as a outcome of the grounding of the Boeing planes.

The fatal accident near Addis Ababa came after a Lion Air 737 MAX 8 crashed last October, killing 189 people.

"It has been obvious since the Lion Air crash that a redesign of the 737 MAX 8 has been urgently needed. and the announced proposed fixes do not go far enough". It now has 13 MAX aircraft in its fleet.

Asked about the timeline, first reported by AFP, a Boeing spokesman referred to a statement on Monday that the upgrade would be deployed across the 737 MAX fleet in the coming weeks.

Both planes flew with erratic altitude changes that could indicate the pilots struggled to control the aircraft.

However, Aimer said, after a certain point the Ethiopian Airlines plane's fate was sealed.

The crew can't do anything about it, and in the simulator; Aimer could not control the plane.

However, there have been reports from pilots that the system tip the aircraft's nose downwards within minutes of take-off, forcing them to step in to stop the plane from dropping.