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