Home News Boeing stock continues to Dwindle following Ethiopian Airlines Crash

Boeing stock continues to Dwindle following Ethiopian Airlines Crash

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Boeing stock continues to Dwindle following Ethiopian Airlines Crash

On Sunday, as thousands walked the streets of Ethiopia for a funeral of the victims of the crashed Ethiopian Airlines, Ethiopian Transport Minister, Dagmawit Moges confirmed to members of the press that analysis of the black boxes recovered from the crashed plane indicated that the plane’s flight data recorder shows a similarity with crashed Indonesian Lion Air of last October.

According to Moges, the flight recorders were in good condition and the team was able to extract the data it contained. Her statement confirms initial suspicions raised over the crash of two Sundays ago as aviation analysts already pointed out similarities between the two fatal events – both were brand new 737 MAXes that crashed a few minutes after take-off. And both experienced a sudden drop in altitude and quick acceleration before the crash. Initial satellite-based tracking data also showed that the movements of both flights were similar.

Moges said;

“During the investigation of the FDR [flight data recorder], clear similarities were noted between Ethiopian Airlines Flight 302 and Indonesian Lion Air Flight 610, which will be the subject of further investigation”.

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