Boeing faces crisis with worldwide grounding of 737 MAX jetliners

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WASHINGTON: The United States grounded Boeing Co`s money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world`s largest planemaker facing its worst crisis in years.

The US Federal Aviation Administration (FAA) cited new satellite data and evidence from the scene of Sunday`s crash near Addis Ababa for its decision to join Europe, China and other nations in suspending 737 MAX flights.

The crash was the second disaster involving the 737 MAX, the world`s most-sold modern passenger aircraft, in less than five months

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