MONTREAL — Share prices for Canada’s two largest airlines have been hit by the growing worries over the 737 Max 8 aircraft, which is facing bans from an increasing number of countries o…
MONTREAL — Share prices for Canada’s two largest airlines have been hit by the growing worries over the 737 Max 8 aircraft, which is facing bans from an increasing number of countries over possible safety issues.
More than 40 countries have grounded or banned the Max 8 from their airspace since the crash over safety concerns and possible parallels to an Oct. 29 incident which saw the same type of aircraft plunge into the Java Sea, killing 189 people. Air Canada has 24 Max 8s in its fleet and WestJet has 13, most of which fly to destinations within North America and remain largely unaffected by the suspensions. Aviation authorities in the U.S. have expressed continued confidence in the aircraft, despite mandating a software update following the crash.
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