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Aircraft manufacturer Boeing has the entire global fleet of its 737 Max aircraft. The move last week's fatal Ethiopian Airlines crash. That the second time in five months a 737 Max has . Last October, a plane from the Indonesia-based carrier Lion Air crashed in what aviation experts are are similar circumstances. Investigators have the black boxes from the crash site in Ethiopia and will the data in them to the reason for the aircraft falling from the sky. Dan Elwell, a spokesman from the USA's Federal Aviation Administration, said: "It clear…that the track of the Ethiopian Airlines flight was very close and very similarly to the Lion Air flight."

Boeing huge hopes for the 737 Max and it as a key part of its future. The Max flying commercially in 2017. Boeing has over 5,000 orders for the aircraft and has delivered 371 to date. News of the grounding has disastrous for Boeing's finances. The company's market value has by nearly $26 billion since the crash in Ethiopia. Boeing president, chief executive and chairman Dennis Muilenburg said: "We are everything we can to the cause of the accidents (in partnership with the investigators), deploy safety enhancements, and help this does not happen again." Boeing said that it "continues to full confidence in the safety of the 737 Max".