SEEKING ALPHA reports:
UPS (UPS) and FedEx (FDX), two of the leading cargo airlines in the world, have grounded their fleets of McDonnell Douglas MD-11 planes on the recommendations of the aircraft’s manufacturer, Boeing (BA), after the plane was involved in a deadly crash this week. The decision came after an MD-11 aircraft operated by UPS (UPS) crashed on Wednesday, immediately after departing for Honolulu from Muhammad Ali International Airport in Louisville, …
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