Birds versus Boeing

The American authorities have found the cause of the 737 Max crashes. These are birds. After the publication of the report, investors began to buy shares of Boeing. Quotes of the American aircraft manufacturer simultaneously increased by 3%. Subsequently, growth slowed to 1%.
Recorders of flight data from the “black box” of the fallen liner “Ethiopian Airlines” indicate that the angle of attack sensor was disabled shortly after takeoff, writes The Wall Street Journal. According to the US Aviation Administration, this indicates that birds crashed into both collapsed aircraft.
In a preliminary report, investigators from Ethiopia reported that they "did not detect any signs of damage by foreign objects" on the sensor. Ethiopian Airlines also said in a statement that no evidence of bird strikes was found.
The US aviation authorities believe that convincing evidence that birds get into such sensors is extremely difficult to find, and therefore they insist on their version.
Most analysts recommend buying shares of Boeing, despite stopping the operation of 737 Max. Target stock price is still equal to $ 421.05. This is 18% higher than the current quotes.

The information above cannot be considered as an investment advice and past results do not indicate future performance.
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