Boeing shares rise after report that a bird strike may have caused 737 Max crash

Boeing shares rise after report that a bird strike may have caused 737 Max crash


The nose of a Boeing Co. 737 MAX 9 jetliner sits during production at the company’s manufacturing facility in Renton, Washington.

David Ryder | Bloomberg | Getty Images

Boeing shares rose Tuesday after a Wall Street Journal report said U.S. aviation officials believe a bird strike may have caused the crash of a 737 Max in Ethiopia in March.

The fast-selling Boeing 737 Max airplanes have been grounded since shortly after that accident, which came less than five months after a similar crash in Indonesia. Together, both crashes killed a combined 346 people.

Boeing shares were up 2.1% in premarket trading.

Crash investigators have indicated that bad sensor data triggered an anti-stall system aboard the Ethiopian Airlines Boeing 737 that went down shortly after takeoff in March, a similar scenario to a crash of the same type of plane in Indonesia in October. The system automatically pushes the nose of the plane down if it perceives the aircraft is in a stall, the normal way to recover from such a position. That can be fatal if the plane is not in a stall, however.

U.S. aviation officials think a bird strike is the likely culprit in erroneous sensor data that fed the anti-stall system in the Ethiopian Airlines crash, according to the Wall Street Journal report, which cited sources familiar with the crash investigation.

This is breaking news. Please check back for updates.



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