Donald Trump recommends Boeing to rebrand 737 MAX planes
US President Donald Trump has publicly recommended Boeing to "rebrand" its troubled 737 Max planes after two fatal crashes led to the indefinite global grounding of the model and widespread criticism against the company.
US President Donald Trump has publicly recommended Boeing to "rebrand" its troubled 737 Max planes after two fatal crashes led to the indefinite global grounding of the model and widespread criticism against the company. "What do I know about branding, maybe nothing (but I did become President!), but if I were Boeing, I would fix the Boeing 737 MAX, add some additional great features, and rebrand the plane with a new name," Trump said in a series of tweets on Monday.
"No product has suffered like this one. But again, what the hell do I know?" Last month at the President`s direction, the Federal Aviation Administration (FAA) ordered the planes pulled from service after the two crashes related to a stabilisation system and faulty sensor readings.
Ethiopian Airlines Flight 302 crashed the morning of March 10 after taking off from Addis Ababa on its way to Nairobi, Kenya, killing all 157 people onboard. Lion Air Flight 610 plunged into the Java Sea in Indonesia in October 2018, killing all its 189 people.
Watch Zee Business Live here:
The US government was one of the last in the world to ground the Boeing planes after dozens of other nations banned them amid growing pressure from lawmakers and airline labour unions to suspend flights. The causes of the crashes are still being investigated, but the focus has been on an automatic safety feature that may have forced the nose of each plane lower when it incorrectly sensed the plane was in danger of going into a stall.
Watch this Zee Business video here:
Boeing and the FAA said they are working on an upgrade of the 737 Max software to deal with that safety feature. Some US airlines have extended flight cancellations into mid-August, with an expectation that the plane will be re-certified to fly before that deadline. Earlier Monday, first daughter and senior adviser Ivanka Trump paid tribute to the victims of the Ethiopian Air crash during a visit to Addis Ababa.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Fixed Deposit Rates for 1 Lakh Investment: Compare SBI, PNB, HDFC, ICICI, and Post Office 3-year FD returns

Income Tax Calculations: What will be your tax liability if your salary is Rs 8 lakh, Rs 14 lakh, Rs 20 lakh, and Rs 26 lakh?

Top 7 SBI Mutual Fund MFs by One-time Investment Return: Rs 1 lakh has grown to Rs 2.85 lakh-3.48 lakh in 5 years; see list, compare SIP returns

Monthly Pension Calculations: Is your basic pension Rs 25,000, Rs 35,000, or Rs 50,000? Know what can be your total pension as per latest DR rates

Power of Compounding: How long it will take to build Rs 8 crore corpus with Rs 7,000, Rs 11,000 and Rs 16,000 monthly investments
09:46 AM IST