Boeing could face an economic impact "absolutely devastating" after its crash

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<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Causes of two fatal causes & nbsp;Boeing 737 MAX 8-passenger fighter crashes& nbsp; In less than six months, both of which are currently under investigation, Boeing Co.'s liability is expected to rise to hundreds of millionsBA), and could escalate in the event of a failure of the company with respect to aircraft orders. "data-reactid =" 15 "> Causes of two Boeing 737 MAX fatal accidents to 8 passengers in less than six months, both under investigation, The responsibility of Boeing Co. (BA) is expected to rise to hundreds It could escalate into a flaw if the company failed to properly disclose new aircraft ordering functionality.

"The economic impact on Boeing is absolutely devastating if they do not solve it immediately," said Arthur Rosenberg, a partner at Soberman & Rosenberg, a firm specializing in aviation liability. "For all these years, I have never seen anything like it," he said of two accidents with almost identical fingerprints.

The blaze by an Ethiopian Airlines MAX 8 airliner on Sunday over the assassination of the 157 passengers on board following the accident of the same model operated by Lion Air in October, resulting in the death of the 189 passengers.

Questions about the Boeing 737 autopilot system

The first two accident questions relate to a new Boeing 737 Series autopilot system in the MAX 8. This feature automatically tilts the nose of the aircraft to prevent aerodynamic stall.

Rescuers are working at the scene of a plane crash near Bishoftu, or Debre Zeit, south of Addis Ababa (Ethiopia), near Bishoftu, Ethiopia, Monday, March 11, 2019. A spokesman said his Boeing 737 Max 8 jets were stalled for safety. following the crash of one of his planes in which 157 people were killed. (AP Photo / Mulugeta Ayene)

Although the causes of the two accidents were not thoroughly investigated, Rosenberg said the new MAX 8 autopilot system was suspected because of the close similarities between this accident and the one involving Lion. Air.

"In every sequence of an accident, there is a kind of fingerprint. In the Lion Air and Ethiopian Air crashes, the airplanes took off and in the space of six to twelve minutes, the two planes with similar altitude excursion profiles gained and lost ground. Altitude, which is clear proof that pilots are having trouble using this MCAS system, "he said. the system to increase the maneuvering characteristics, the aircraft autopilot system.

According to Rosenberg, another possible sign of the autopilot feature could have caused the pilots to totally lose control of the aircraft, is the impact viewfinder.

"What was really striking to me was that the impact crater of this Ethiopian Airlines plane felt like I had collapsed," said Rosenberg. "Often, when planes collapse, pilots have partial control. So there is still a lot of forward movement and, when the plane hits all inertia and inertia, it shatters. [are] scattered everywhere. "

Tom Routh, a partner in Nolan Law's aviation litigation group, said Boeing had, in his experience, enough insurance coverage for catastrophic accidents caused by defects in the aviation industry. manufacturing. The Routh company currently represents several families whose relatives were killed in the Lion Air crash.

In a statement released on Monday, Boeing told its customers and regulators about aircraft operations and decisions.

"Safety is our number one priority and we are taking all necessary steps to fully understand all aspects of this accident," the statement said. "The investigation is in its infancy, but for the moment, based on the information available, we have no basis for issuing new guidelines for operators."

Another question is whether carriers who have placed orders for undelivered MAX 8 aircraft may cancel their contract.

Rosenberg and Routh said the cancellation would depend on the provisions of each contract, although most contracts include provisions relating to airworthiness, Rosenberg said.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" I have not seen the contracts, so i do not know if they can not get out of it, there are probably some de de minimis liquidated damages clause to get out of it, "Rosenberg said. data-reactid = "73"> "I have not seen the contracts, so I can not say precisely.I am sure that they can not get out of there are probably some de de minimis liquidated damages clause to get out of it, "said Rosenberg.

According to the Capa fleet database, Boeing has delivered 378 MAX 8 aircraft worldwide. 5,526 others are on order. In 2018, the MAX 8's list price was $ 117.1 million.

Mr. Routh stated that his company had successfully won a lawsuit on behalf of the victims of the accident of Flight 14 of Asiana, after showing that the pilots were not informed of the characteristics of the aircraft. # 39; air.

Did the pilots know the features of the new autopilot?

"Even when the autopilot is disengaged from this aircraft, this MCAS still works to prevent a stall … this feature lowers the nose of the plane without the pilot being aware of it," Rosenberg said.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "If the drivers were aware of the new driver feature Max 8's auto is disputed. Boeing, Said Rosenberg, this feature appeared in the aircraft pilot's manual and in a following newsletter Air Lion crash of a Boeing 737& nbsp; in October. "Data-reactid =" 78 "> The question of whether the pilots were aware of the new Max 8 autopilot feature is disputed." According to Boeing, Rosenberg stated that this feature was included in the pilot manual of the pilot. And in a following bulletin: the crash of a Boeing 737 by Lion Air in October.

Critics say this is not enough, partly explaining why Boeing has exceeded the more stringent pilot training requirements for the MAX 8 based on information provided by the company to the FAA.

"We are in the Lion Air case that Boeing should have and should have applied for a new type certificate, rather than the modified type," Routh said.

The MAX 8 aircraft had other significant changes compared to its predecessor, aside from the MCAS autopilot, including new engines, new avionics and various aerodynamic features.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Aeronautical authorities& nbsp; in China, Indonesia and the Cayman Islands have joined Ethiopian Airlines for the temporary grounding of all Boeing MAX 8 model aircraft. Turkish Airlines and Korean officials would have similar measures under consideration. Until now, no American carrier has blocked its fleet. "Data-reactid =" 82 "> The Chinese, Indonesian and Cayman Islands aviation authorities have teamed up with Ethiopian Airlines to temporarily ground all the Boeing Model MAX 8 aircraft. Turkish Airlines and Korea officials are known in the future, no US carrier has blocked its fleets.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Alexis Keenan is a NYC-based journalist for Yahoo Finance. Previously, she was producing live information for CNN and was a former litigator. Follow her on Twitter at @alexiskweed"data-reactid =" 83 ">Alexis Keenan is a NYC-based journalist for Yahoo Finance. Previously, she was producing live information for CNN and was a former litigator. Follow her on Twitter at @alexiskweed

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