12 March 2019
The Argentine Airline Pilots Association said on Monday it had ordered its members to not fly Boeing 737 MAX airplanes after two fatal accidents involving the model in the past five months.
The state airline, Aerolineas Argentinas, is the only company in the country that operates 737 MAX with five airplanes that are used for regional flights. Boeing Co shares dropped more than 5 percent on Monday after China, Indonesia and Ethiopia ordered airlines to ground the aircraft maker's best-selling line of jets after the second deadly crash of one of the planes in just five months.
The volatility followed Sunday's crash of a Nairobi-bound Boeing 737 MAX 8 operated by Ethiopian Airlines just minutes after takeoff from the country's capital Addis Ababa, killing all 157 on board. The same model, flown by Lion Air, crashed off the coast of Indonesia in October, killing all 189 on board.