Trump Grounds All Boeing 737 Max Planes

In a move that was effective immediately, President Trump has grounded all Boeing 737 Max planes on Wednesday.

The move follows the Ethiopian Airlines fatal crash that took the lives of 157 people. There were eight Americans included on the flight.

The FAA announced that all planes in the air at the time of the agency’s order were allowed to reach their destinations but were not allowed to take off again.

The FAA said the grounding of the planes “will remain in effect pending further investigation, including examination of information from the aircraft’s flight data recorders and cockpit voice recorders.”

There has not been a cause determined yet for the Ethiopian Airlines crash.

It was also this past October that a Max 8 jet had crashed in Indonesia which killed 189 people.

“The agency made this decision as a result of the data gathering process and new evidence collected at the site and analyzed today,” the agency stated

“This evidence, together with newly refined satellite data available to FAA this morning, led to this decision.”

“It’s a terrible, terrible thing,” the president said of the crash. “Boeing is an incredible company they are working very very hard right now, and hopefully they’ll very quickly come up with the answer, but until they do the planes are grounded.”

“Boeing continues to have full confidence in the safety of the 737 MAX,” Boeing stated. “However, after consultation with the U.S. Federal Aviation Administration, the U.S. National Transportation Safety Board (NTSB), and aviation authorities and its customers around the world, Boeing has determined — out of an abundance of caution and in order to reassure the flying public of the aircraft’s safety — to recommend to the FAA the temporary suspension of operations of the entire global fleet of 371 737 MAX aircraft.”

Disclaimer: We have no Boeing Co. (NYSE: BA) and have not been compensated for this article.