(BLOOMBERG) — Boeing Co. shares sank after European regulators issued a blanket ban on 737 Max flights, joining a global rebuke of the U.S. manufacturer’s most important plane in the wake of Sunday’s deadly Ethiopian Airlines crash.
Key Developments:
The European aviation authority EASA grounded 737 Max flights across the region, confirming a Bloomberg report. The move will put pressure on Boeing and the U.S. Federal Aviation Administration, which have assured passengers that the jet model remains airworthy
