Boeing

After a second air disaster involving the 737 MAX 8, aviation giant Boeing swung into crisis mode, losing $25 billion of market capitalization and suffering a severe hit to its reputation.

Ethiopians were holding funerals Sunday for friends and relatives who perished in last week’s Ethiopian Airlines crash, which killed all onboard and saw the worldwide grounding of the Boeing aircraft involved.

Ethiopian Airlines said on Saturday that DNA testing of the remains of the 157 passengers on board flight 302 may take up to six months as it offered bereaved families charred earth from the plane crash site to bury.

The black boxes recovered from an Ethiopian Airlines flight that crashed shortly after take off from Addis Ababa have been sent to Paris, the airline said on Thursday.

Boeing has temporarily grounded its entire global fleet of 737 Max 8 aircraft days after a crash involving one of the planes killed 157 persons.

"An Ethiopian delegation led by Accident Investigation Bureau (AIB) has flown the Flight Data Recorder (FDR) and Cockpit Voice Recorder (CVR) to Paris, France for investigation," the airline wrote on Twitter.

The United States has said there is “no basis” to ground Boeing 737 MAX airliners, after a second deadly crash involving the model in less than five months prompted governments worldwide to ban the plane.

The black box from the Boeing jet that crashed and killed all 157 people on board will be sent overseas for analysis but no country has been chosen, an Ethiopian Airlines spokesperson said on Wednesday, as much of the world grounded or barred the plane model and grieving families arrived at the disaster site.

The European Union and India have joined have banned the Boeing 737 Max from flying over their airspace to ensure passenger safety.

Britain on Tuesday joined four other countries in banning Boeing 737 MAX planes from their airspace as a growing number of airlines around the world grounded the jets following a second deadly accident in just five months.

Boeing on Tuesday confirmed the Federal Aviation Administration’s has announced it will deploy a software upgrade across the 737 MAX 8 fleet “in the coming weeks’’ as pressure mounted.

Singapore’s Civil Aviation Authority (CAAS) has temporarily suspended all Boeing 737 Max models from flying into and out of the country.

The number of UN officials killed in the Ethiopian Airlines that crashed on Sunday has risen to 21 from the initial 19 reported by the global intergovernmental organisation.

For the second time in less than six months, a Boeing 737 MAX 8 has crashed minutes after take-off and killed everyone on board, raising fresh questions about the safety of a model that is crucial to the US giant's future plans.

Canada’s foreign minister on Sunday deplored the “terrible news” that 18 Canadian nationals were among the 157 people killed in the crash of an Ethiopian Airlines jetliner.

Seven British, seven French, eight Italian, 18 Canadian nationals are among the 157 victims of an Ethiopian Airlines plane crash on Sunday.

US aerospace giant Boeing said Sunday it was “deeply saddened” about the deaths of all 157 people aboard Ethiopian Airlines Flight 302 and would provide technical assistance to find out why its aircraft crashed.

Boeing Co on Wednesday unveiled an unmanned, fighter-like jet developed in Australia and designed to fly alongside crewed aircraft in combat for a fraction of the cost.