Listen: 'Black Boxes' recovered after Ethiopia plane crash
"Black boxes with regard to the crash Ethiopia yesterday. They have been recovered now begins the process of analyzing those black boxes, the FAA and the SP are both involved in this investigation. Meanwhile, their airlines and countries that have said, you know, what we're going to ground the seven three. Seven max eight until we have more information about what's going on. Who's grounding it all the Chinese flights involving this plane? The country has said no flights today. We'll see if that continues tomorrow same thing for Indonesia. You've also got Ethiopian Airlines as well as came in Airways ComAir out of South Africa. Just a few who have said we are not going to fly the seven three seven max eight while we're figuring out what's going on here in the United States. You got to airlines that fly this aircraft. Let's start first off with Southwest Airlines, and there's a pattern here. Look at how the stock recovered as you went throughout the day southwest has thirty four of the max eight and we should point out. We hear the same thing from south west. And I talked to people at American today. Thanks that the same thing. Which is this aircraft is is performing exactly as we expected it to perform we don't see issues here. And that's why we take a look at shares of American finishing positive for the day. Finally, take a look at shares of Boeing now it was down as much as twelve percent pre-market. And throughout the day, it cut those losses. Why impart because you don't know for sure that this plane is going to be grounded by the FAA. In fact, this airworthiness notification shows that it's not going to be grounded at least not for now by the FAA. And also, you've got this backlog, Melissa one other thing if you go back and look at Boeing shares back in two thousand thirteen remember, the seven eight seven battery fires at that time that stock got hammered when it first came out and people said, whoa. This is terrible news that nobody's gonna flying on the Dreamliner. Look what the stock has done since then. And look how the backlog has grown not to say that this isn't a serious situation for Boeing. But this is not the end of the world that some people predicted early this morning or even last night when the first reports came out about this"