The grounding of Boeing's best-selling plane following two fatal crashes won't"change the industry," Berkshire Hathaway founder and CEO Warren Buffett said Thursday.
The U.S. on March 13 joined dozens of other nations in grounding the popular Boeing aircraft following the crash of a months-old Boeing 737 Max 8 operated by Ethiopian Airlines shortly after takeoff from Addis Ababa. Investigators have said they found"clear similarities" between that crash and another of the same type of plane in Indonesia in October.
"Obviously, Boeing has a lot of work to do very promptly," Buffett said in an interview with CNBC's Becky Quick."That won't change the industry over time or anything."
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