Frost & Sullivan, a consulting firm, has
projected that grounding of Boeing 737 MAX 8 planes worldwide, could cost
airlines a loss of $4 billion.
A large number of countries have had decided to
ground Boeing 737 MAX 8 planes in the aftermath of Ethiopian Airlines crash. On
10 March 2019, A 737 MAX 8 aircraft operated by Ethiopian Airlines had crashed
near Addis Ababa killing 157 people.
Recently, Directorate General of Civil Aviation,
India has decided to ground Boeing 737 Max 8 planes till appropriate
modifications and safety measures are taken.
DGCA have issued safety guidelines for the
operation of Boeing 737 MAX aircraft. These include: (a) Pilots should have at
least 1,000 hours of flying experience to command these planes (b) engineering
departments have been instructed not to release the planes for operations in
case of dual failure of autopilot, faults in spoiler system and (c) stringent
checks of the aircraft’s autopilot and stall management systems during
The Boeing 737 MAX is an American narrow-body
aircraft series designed and produced by Boeing Commercial Airplanes. The MAX 8
is the first variant developed in the 737 MAX series.