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How Boeing Is Responding To Its Latest Crisis
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Citing Electrical Issues, Boeing Advises 16 Airlines to Ground Embattled 737 Max Jets
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Boeing 737 MAX planes grounded over electrical issue
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Kenyan donates Sh48M to a charity in Bermuda after he lost family in an air disaster
Paul Njoroge who lost five family members on the ill-fated Ethiopian Airlines Flight 302 two years ago has donated Sh48 million ($446,000) to charity in Bermuda.
The Kenyan banker based in the Pacific island nation lost his wife Caroline Karanja, seven-year-old son Ryan Njoroge Njuguna, four-year-old daughter Kerry Paul Wanjiku Njuguna, seven-month-old daughter Rubi Wangui Njuguna, and his mother-in-law Ann Wangui Karanja in the March 10, 2019 crash of an Ethiopian Airlines’ Boeing 737 Max.
According to the Royal Gazette, Mr Njoroge teamed up with Jumuiya Ya Afrika, a charity set up to promote African culture and heritage in Bermuda, to organise the donations to anti-child abuse organisation Saving Children, Revealing Secrets and Family Centre.
Boeing Company (NYSE:BA) announced on Friday that Investment 777 Partners, a Miami-based private investment firm, has agreed to purchase 24 737 MAX 8 airplanes with the option to purchase 60 additional planes at a later date.
What Happened: A strategic investor in the aviation sector, Investment 777 Partners plans to lease the 24 planes to its partners, including Canadian-based Flair airlines, a low-cost passenger carrier.
“The 737-8 aircraft are a fantastic addition to our aviation portfolio and will enable our partners to leverage the jets’ superior economic performance to deliver low fares for their passengers while reducing their carbon footprint,” said Investment 777 Partners founder and Managing Partner Joshua Wander.