2 Asian countries and Australia suspends Boeing 737 after plane crash

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The ill fate Ethiopian plane that crashed on Sunday attracted global attention as 157 people perished.

Kenya and Canada had the highest number of its citizens reported dead from the accident.

Singapore and Australia suspended operations of all Boeing 737 MAX aircraft in and out of their airports on Tuesday, and Indonesia and China grounded their fleets of the US planemaker’ s latest model after it suffered a second fatal crash in less than five months.

Image result for boeing 737 max 8

The scare has wiped billions of dollars off the market value of the world’s biggest planemaker, as the Boeing Co share closed 5 percent down on Monday having fallen by as much as 13.5 percent at one point.

Nearly 40 percent of the in-service fleet of 371 Boeing 737 MAX jets globally is grounded, according to industry publication Flightglobal, including 97 jets in the biggest market, China.

A day after a Ethiopian Airlines passenger jet plunged to the ground, killing all 157 people aboard, the United States stressed it was safe to fly the planes.

But a statement issued by Singapore’s Civil Aviation Authority (CAAS) showed question-marks hanging over the aircraft after Sunday’s disaster could not be dispelled so fast.

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