While concerns are rising over the safety of the “Boeing 737 Max 8,” the latest model of Boeing in the wake of two accidents for the past five months that took the lives of all passengers, U.S. President Donald Trump pointed out that “Airplanes are becoming far too complex to fly.” The president wrote on his Twitter on Tuesday that “I don’t know about you, but I don’t want Albert Einstein to be my pilot. I want great flying professionals that are allowed to easily and quickly take control of the plane!”
Reuters reported that President Trump spoke to Boeing CEO Dennis Muilenburg on the safety of the concerned aircraft after his tweet about the airplane. It has been said that Muilenburg emphasized that he guarantees the safety of Boeing airplanes.
Stock prices of Boeing plummeted for two days. Transaction of Boeing closed with 375.41 dollar at the New York stock market on Tuesday, which is 24.60 dollars down (6.15%). The stock price of Boeing fell by 22.53 dollars (5.33%) the previous day. CNN reported, however, 19 out of 24 analysts are maintaining a purchasing opinion as Wall Street is still positive about Boeing’s stock price.
The Wall Street Journal reported on Tuesday that the Ethiopia crash accident that occurred on Sunday broke out while drastically improving the software of the 737 Max airplane after the Ryanair airplane accident last year. According to the newspaper, the software improvement work was supposed to be carried out in early January but was delayed due to internal disagreements.