Boeing's 737 MAX 8 aircraft has faced increased scrutiny after the Ethiopian Air crash,
the second crash of the aircraft in less than five months. Many countries and airlines have already grounded all their Boeing 737 MAX 8 model aircraft till the time it is confirmed the aircraft is safe to fly.
However, the aircraft, according to the statement released by the US Federal Aviation Administration (FAA),
was safe to fly. The statement assured the operators its safety and said it was collecting data on the crash and keeping in contact with international civil aviation authorities. If any safety issues are identified, the FAA said immediate action will be taken.
US aviation regulator expects Boeing to soon complete improvements to an automated anti-stall system that is suspected of contributing to a deadly crash of a Boeing 737 Max 8 Lion Air in October.
As of yet, there are 387 Boeing 737 Max planes worldwide and the aircraft company has orders for more than 5,000. A total of 59 operators have already bought the aircraft.
Qatar Airways, Jet Airways, SpiceJet, Air Canada, Ethiopian Airlines, Lion Air, WestJet, Air China, American Airlines, Comair, Norwegian Airlines, Air Sweden, are among the well-known 59 airlines that have already bought the aircraft.
Out of 59 operators,
all the Chinese and Singapore airlines have already been ordered to ground their Boeing aircraft while Aeromexico, Aerolíneas Argentinas, Cayman Airways, Comair Airways, Ethiopian Airlines, among others have grounded their Boeing 737 MAX 8 aircraft.
If there are 387 operational aircraft and taking the minimum of one roundtrip per aircraft and accommodating at least 150 passengers and crew, the flight is making at least 774 one-way trips with what the authorities fear that there is a possibility of a system malfunction, again.
In India, SpiceJet already has 13 of these aircraft in its fleet while Jet Airways has eight.
Jet Airways has placed orders for 225 737 MAX planes with Boeing and some have already been delivered.
SpiceJet, which has embarked on ambitious expansion plans, has a deal with Boeing for up to 205 aircraft, including at least 155 737 MAX 8 planes.
However, the 737 MAX is the fastest selling airplane in Boeing's history.
"The 737 MAX is the fastest selling airplane in Boeing history, accumulating nearly 4,700 orders from more than 100 customers, worldwide," according to Boeing website.
(Disclosure: Boeing is one among the four launch partners of CNBCTV18.com)