Boeing CEO acknowledges that bad data played role in 737 Max crashes

Boeing CEO Dennis Muilenburg acknowledged, for the first time, that bad data feeding into an automated flight system on the company’s popular 737 jets played a role in two crashes that killed 346 people after Ethiopian aviation officials said their investigation found no pilot error in a March 10 crash in Addis Ababa.

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Boeing stock closed up about by about 3 percent on Thursday.

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