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Boeing Shares Gain on 'Bird Strike' Report From Deadly 737 MAX Crash

Martin Baccardax

shares rose Tuesday following a report that suggested the March 10 Ethiopian Airlines disaster, which killed 157 people and triggered a global grounding of the planemaker's 737 MAX jets, may have been linked to a bird collision. The Wall Street Journal reported that a Boeing executive, Mike Sinnett, raised the issue of a bird strike triggering a sensor that sent faulty data to pilots, during a meeting with American Airlines, and that U.S. officials are starting to believe a version of that scenario. Ethiopian Airlines CEO Tewolde Gebremarian, however, has consistently stated that there was no such strike, and that his pilots acted in accordance with Boeing's stated guidelines.