Fri, 27-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Boeing 737 Max Grounding Extended to December by American Airlines

    Eunniah
    By Eunniah Mbabazi
    - September 03, 2019
    - September 03, 2019
    Global News
    Boeing 737 Max Grounding Extended to December by American Airlines

    Boeing 737 Max’s grounding period has been extended from November 2nd to December 3rd 2019 by the American Airlines, bringing the grounding period to close to almost nine months.

    This is as a result of airline regulators complaining of Boeing’s failure to provide technical details and answer specific questions about modifications in the operation of Max flight control computers.

    With the extension of the grounding period, American Airlines is expected to experience more losses, owing to the fact that in July, while releasing its second-quarter 2019 results, it had estimated its 2019 pre-tax earnings to be affected to the tune of roughly $400 million due to the flight cancellations.

    Boeing 737 Max received a worldwide grounding in March 2019 after two Max 8 aircraft crashed, killing the 346 people aboard. The accidents befell Lion Air Flight 610 on October 29, 2018 and Ethiopian Airlines Flight 302 on March 10, 2019.

    In both accidents, the Manoeuvring Characteristics Augmentation System (MCAS) repeatedly pushed the airplane nose down in response to erroneous angle of attack (AoA) data.

    Other airlines that have extended their Boeing 737 Max grounding period are the United Airlines (UAL) and the Southwest (LUV), which have cancelled 90 and 180 daily flights respectively. UAL’s grounding period extends to December 19th whereas Southwest’s extends to January 5th 2020.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa