Russian S7 Airlines said on Monday it would ground Boeing 737 Max 8 airlines starting from Wednesday following the crash of an Ethiopian Airlines plane. It said its fleet consists of 96 planes, including two Boeing 737 Max, the only such planes owned by Russian carriers. It said the decision would not affect its flight schedules.<br/>
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The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines (MAB), PM Mahathir Mohamad said on Tuesday. The government was studying options for the national carrier, and a decision should be made “soon”, Mahathir said, when asked about analysts’ suggestions the airline be shut down or spun off. “It is a very serious matter to shut down the airline,” Mahathir said. “We will nevertheless be studying and investigating as to whether we should shut it down or we should sell it off or we should refinance it. All these things are open for the government to decide.” The airline has been trying to transform its operations and return to profitability by 2019 as it recovers from two disasters in 2014, when flight MH370 disappeared in what remains a mystery and flight MH17 was shot down over eastern Ukraine.<br/>