IPFS News Link • Transportation: Air Travel
Boeing Shares Extend Losses As World-Ex-US Grounds 737 Max 8s
• https://www.zerohedge.comUpdate (11:20 am ET): Boeing shares are extending losses (down over 6%) after France, Ireland, Germany, Iceland, and Turkey join the growing group of nations that are grounding 737 Max 8s.
Update (10:05 am ET): President Trump - now an aeronautics expert - has decided to chip in with some comments regarding Boeing's bans: "Airplanes are becoming far too complex to fly. Pilots are no longer needed, but rather computer scientists from MIT...often old and simpler is far better"
Airplanes are becoming far too complex to fly. Pilots are no longer needed, but rather computer scientists from MIT. I see it all the time in many products. Always seeking to go one unnecessary step further, when often old and simpler is far better. Split second decisions are....
— Donald J. Trump (@realDonaldTrump) March 12, 2019