Most of Boeing 737 Max jets grounded after Ethiopia crash, but US bucks trend

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Three Boeing 737 Max 8 aicraft from Shanghai Airlines are parked at Shanghai Hongqiao International Airport in Shanghai after China banned their use for flights. (AFP)
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A growing number of airlines around the world have grounded their Boeing 737 Max 8 jets following the crash of an Ethiopian Airlines aircraft. (AFP)
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In this Nov. 14, 2018, file photo Boeing 737 MAX 8 planes are parked near Boeing Co.'s 737 assembly facility in Renton, Wash. (AP)
Updated 14 March 2019
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Most of Boeing 737 Max jets grounded after Ethiopia crash, but US bucks trend

  • US aviation officials however said they would not ground Boeing 737 Max planes
  • The 737 Max is the workhorse of the Dubai budget carrier flydubai

SINGAPORE: A growing number of airlines around the world have grounded their Boeing 737 Max 8 jets following the crash of an Ethiopian Airlines plane that killed 157 people on Sunday, five months after a similar Indonesian Lion Air jet plunged into the ocean, killing 189.

US aviation officials however said they would not ground Boeing 737 Max planes, bucking a trend of countries around the world that have suspended the aircraft's operations.

Some airlines and countries that have grounded the aircraft so far:

THAILAND

The Civil Aviation Authority of Thailand has ordered the budget airline Thai Lion Air to suspend flying its Boeing 737 Max planes for seven days while it conducts risk assessments and special training for pilots.
The agency said it will consult with the plane's maker and designer about safety measures. The suspension will begin Thursday. It comes after Sunday's Ethiopian Airlines crash.
Thai Lion Air is the only Thai airline flying B737 Max models.
The airline is an associate company of Indonesia's Lion Air, which lost a B737 Max 8 in October shortly after takeoff from Jakarta in a crash that killed 189 people.

SERBIA

Serbia’s aviation authorities barred Boeing 737 Max planes from the country’s airspace, a spokesperson said Wednesday, joining a wave of government bans worldwide after a second deadly crash involving the model.
Serbia has also banned the aircraft “for take-off and landing at all airports” in the country, a spokesman for the Civil Aviation Directorate said of the measure, which went into effect Tuesday.
He explained that “Serbia is aligning itself with the directives of the European Union Aviation Safety Agency”, which decided on Tuesday to close European airspace to Boeing 737 Max.

EGYPT

Egypt’s civil aviation authority has barred the takeoff, landing of Boeing 737 Max aircraft, a statement said.

NORWAY

Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for lost revenue and extra costs after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash.
“We expect Boeing to take this bill,” Norwegian said in an emailed statement to Reuters.
The Oslo-based airline has 18 Max passenger jets in its 163-aircraft fleet.

LEBANON

Lebanon’s aviation authority on Wednesday said it had banned all Boeing 737 MAX planes from landing in Beirut or flying in Lebanese airspace, state news agency NNA said.
A circular was issued by Mohammad Shehabeddine, director of the Civil Aviation Authority at Rafic Hariri International Airport, NNA said.

HONG KONG

Hong Kong on Wednesday barred Boeing 737 MAX airliners from its airspace, the latest in a series of government bans worldwide in the wake of a deadly plane crash in Ethiopia.
Despite Boeing’s assurances in the wake of the disaster, the European Union, Britain and India joined China and other countries grounding the plane or banning it from their airspace as they await the results of the crash investigation.
The semi-autonomous Chinese city’s Civil Aviation Department (CAD) said it was imposing a temporary suspension from 6 p.m. local time (1000 GMT) on Wednesday until further notice on “operation of Boeing B737 MAX aircraft into, out of and over Hong Kong”.
The ban is “solely a precautionary measure to ensure aviation safety and protect the public”, a CAD spokesman added.

ETHIOPIA

A spokesman for Ethiopian Airlines says it grounded its remaining four Max 8 jets as an “extra safety precaution” while it investigates Sunday’s deadly crash. The airline is awaiting the delivery of 25 more Max 8 jets.

CHINA

China has 96 Max 8 jets in service, belonging to carriers such as Air China, China Eastern Airlines and China Southern Airlines. The civil aviation authority directed the planes to be grounded indefinitely on Monday. It said the order was “taken in line with the management principle of zero tolerance for security risks.” There were eight Chinese citizens on the Ethiopian Airlines flight that crashed shortly after taking off on Sunday. The authority said it will consult the US Federal Aviation Administration and Boeing before deciding when to lift the ban.

EUROPE

The European Aviation Safety Agency has issued a directive grounding all Boeing 737-8 Max and 737-9 model aircraft following two recent accidents.

EASA said in its emergency airworthiness directive Tuesday that “at this early stage” of the most recent investigation, “it cannot be excluded that similar causes may have contributed to both events.”

“Based on all available information, EASA considers that further actions may be necessary to ensure the continued airworthiness of the two affected models.”

It says companies may make one noncommercial flight to return their planes to a location where they can be inspected. The grounding applies to all European Union airspace.

BRAZIL

Brazil’s Gol Airlines has suspended the use of seven Max 8 jets. The airline said it is following the investigation closely and hopes to return the aircraft to use as soon as possible. Gol said it has made nearly 3,000 flights with the Max 8, which went into service last June, with “total security and efficiency.”

SINGAPORE

Singapore has temporarily banned Max 8 jets — and other models in the Max range — from entering and leaving the country. The civil aviation authority said it was “closely monitoring the situation” and the ban will be “reviewed as relevant safety information becomes available.” SilkAir, a regional carrier owned by Singapore Airlines, has six Max 8 jets. It said the ban “will have an impact on some of the airline’s flight schedules.”

UAE

The UAE’s General Civil Aviation Authority said its ban on the aircraft in its airspace was “a precautionary measure.” The 737 Max is the workhorse of the Dubai government-owned budget carrier flydubai. It operates 11 Boeing 737 Max 8 and 2 Max 9 jetliners. Its total fleet is around 60 aircraft, including other models of the 737.

CANADA

Canadian charter airline Sunwing is suspending use of its four Boeing 737 Max 8 planes.

Canadian Transport Minister Marc Garneau said he has no plans to ground Canada’s fleet of 737 Max aircraft, but that “all options are on the table.”

VIETNAM

Vietnam is banning Boeing 737 Max planes from flying into its airspace.

Dinh Viet Thang, director of Vietnam’s civil aviation authority, said Wednesday that airlines flying those models of planes will have to change the aircraft for safety purposes. The ban lasts until further notice.

None of Vietnam’s four airlines uses the Max model planes in their fleets, but Korea’s Eastar Jet, Thai Lion Air and Malaysia’s Malindor Air fly those planes to Vietnamese destinations.

INDIA

India says it is immediately grounding all Boeing 737 Max 8 planes after Sunday’s deadly Ethiopian Airlines crash. A statement late Tuesday says the planes “will be grounded till appropriate modifications and safety measures are undertaken to ensure their safe operations.”

The statement does not say how many planes are affected.

AUSTRALIA

Australia has announced a temporary ban on flights by Boeing 737 Max aircraft, although none of its airlines currently operate them. The Civil Aviation Safety Authority said Tuesday that the ban will affect two foreign airlines — SilkAir and Fiji Airways — that use them for flights to Australia. The authority said Singapore’s SilkAir has already grounded its 737 Max jets, and that it is working with regulators there and in Fiji to minimize disruptions. It said that Fiji Airways has two 737 Max 8 jets in its fleet. Fiji Airways and Fiji’s Civil Aviation Authority said they would ground the fleet until more information is known about the cause of the Ethiopian Airlines accident.

CAYMAN ISLANDS

Cayman Airways, a Caribbean carrier, said it stopped using its two Max 8 jets starting Monday. President and CEO Fabian Whorms said the move will cause changes to flight schedules. Cayman is the flag carrier of Cayman Islands, a British overseas territory.

INDONESIA

Indonesia said it would temporarily ground Max 8 jets to inspect their airworthiness. Director General of Air Transportation Polana B. Pramesti said the move was made to ensure flight safety. A Lion Air model of the same plane crashed in Indonesia in October. Indonesian airlines operate 11 Max 8 jets. Lion Air, which owns 10 of them, said it will try to minimize the impact of the decision on operations. The other Max 8 jet belongs to national carrier Garuda.

MALAYSIA

The Civil Aviation Authority said no Malaysian carriers operate the Max 8, but that foreign airlines are banned from flying the plane in Malaysia, and from transiting in the country, until further notice.

MEXICO

Mexican airline Aeromexico has suspended flights of its six Max 8 jets. Aeromexico said it “fully” trusts the safety of its fleet but ordered the grounding to ensure “the safety of its operations and the peace of mind of its customers.” It said other planes will take over the routes usually flown by the Max 8.

OMAN

Oman  barred flights by Boeing 737 Max 8 and 9 aircraft. Oman’s Public Authority for Civil Aviation made the sultanate’s announcement, without elaborating on its reasoning. State-owned Oman Air operates five Max 8 aircraft and said it was rescheduling other planes for its flights.

SOUTH AFRICA

Comair, the operator of British Airways and Kulula flights in South Africa, says it has grounded its Boeing 737 Max 8 while it consults with Boeing, other operators and technical experts.

A statement does not say how many planes are affected. It says the decision was made without intervention from regulatory authorities.

SOUTH KOREA

South Korean airline Eastar Jet said it would suspend operations of its two Boeing 737 Max 8 planes and replaced them with Boeing 737-800 planes starting Wednesday on routes to Japan and Thailand. The airline says it hasn’t found any problems, but is voluntarily grounding the planes in response to customer concerns.

TURKEY

In a statement on Twitter Tuesday, Turkish Airlines CEO Bilal Eksi said all Boeing 737 Max flights are suspended until the “uncertainty affecting safety is cleared.” He added that passenger safety was the company’s priority.

ICELAND

Icelandair Group says it has temporarily suspended operations of its three Boeing 737 Max aircraft until further notice.

President and CEO Bogi Nels Bogason said Tuesday that the company will follow developments closely and work with local, European and US authorities on any steps that need to be taken.

He said the temporary suspension won’t impact the company’s operations, as it only affects three aircraft out of a fleet of 33.

NEW ZEALAND

New Zealand and Fiji have suspended Boeing 737 Max 8 flights in and out of the two countries following the crash of an Ethiopian Airlines jetliner.

The decision only affects one operator, Fiji Airways. No New Zealand airlines use the Max 8 planes.


How AI and financial literacy are redefining the Saudi workforce

Updated 26 December 2025
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How AI and financial literacy are redefining the Saudi workforce

  • Preparing people capable of navigating money and machines with confidence

ALKHOBAR: Saudi Arabia’s workforce is entering a transformative phase where digital fluency meets financial empowerment. 

As Vision 2030 drives economic diversification, experts emphasize that the Kingdom’s most valuable asset is not just technology—but people capable of navigating both money and machines with confidence.

For Shereen Tawfiq, co-founder and CEO of Balinca, financial literacy is far from a soft skill. It is a cornerstone of national growth. Her company trains individuals and organizations through gamified simulations that teach financial logic, risk assessment, and strategic decision-making—skills she calls “the true language of empowerment.”

An AI-driven interface showing advanced data insights, highlighting the increasing demand for leaders who can navigate both technology and strategy. (creativecommons.org)

“Our projection builds on the untapped potential of Saudi women as entrepreneurs and investors,” she said. “If even 10–15 percent of women-led SMEs evolve into growth ventures over the next five years, this could inject $50–$70 billion into GDP through new job creation, capital flows, and innovation.”

Tawfiq, one of the first Saudi women to work in banking and later an adviser to the Ministry of Economy and Planning on private sector development, helped design early frameworks for the Kingdom’s venture-capital ecosystem—a transformation she describes as “a national case study in ambition.”

“Back in 2015, I proposed a 15-year roadmap to build the PE and VC market,” she recalled. “The minister told me, ‘you’re not ambitious enough, make it happen in five.’” Within years, Saudi Arabia had a thriving investment ecosystem supporting startups and non-oil growth.

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At Balinca, Tawfiq replaces theory with immersion. Participants make business decisions in interactive simulations and immediately see their financial impact.

“Balinca teaches finance by hacking the brain, not just feeding information,” she said. “Our simulations create what we call a ‘business gut feeling’—an intuitive grasp of finance that traditional training or even AI platforms can’t replicate.”

While AI can personalize lessons, she believes behavioral learning still requires human experience.

Saudi women take part in a financial skills workshop, reflecting the growing role of financial literacy in shaping the Kingdom’s emerging leadership landscape. (AN File)

“AI can democratize access,” she said, “but judgment, ethics, and financial reasoning still depend on people. We train learners to use AI as a co-pilot, not a crutch.”

Her work aligns with a broader national agenda. The Financial Sector Development Program and Al Tamayyuz Academy are part of Vision 2030’s effort to elevate financial acumen across industries. “In Saudi Arabia, financial literacy is a national project,” she said. “When every sector thinks like a business, the nation gains stability.”

Jonathan Holmes, managing director for Korn Ferry Middle East, sees Saudi Arabia’s digital transformation producing a new generation of leaders—agile, data-literate, and unafraid of disruption.

“What we’re seeing in the Saudi market is that AI is tied directly to the nation’s economic growth story,” Holmes told Arab News. “Unlike in many Western markets where AI is viewed as a threat, here it’s seen as a catalyst for progress.”

Saudi Arabia's Vision 2030 and the national AI strategy are producing “younger, more dynamic, and more tech-fluent” executives who lead with speed and adaptability. (SPA photo)

Holmes noted that Vision 2030 and the national AI strategy are producing “younger, more dynamic, and more tech-fluent” executives who lead with speed and adaptability. Korn Ferry’s CEO Tracker Report highlighted a notable rise in first-time CEO appointments in Saudi Arabia’s listed firms, signaling deliberate generational renewal.

Korn Ferry research identifies six traits for AI-ready leadership: sustaining vision, decisive action, scaling for impact, continuous learning, addressing fear, and pushing beyond early success.

“Leading in an AI-driven world is ultimately about leading people,” Holmes said. “The most effective leaders create clarity amid ambiguity and show that AI’s true power lies in partnership, not replacement.”

He believes Saudi Arabia’s young workforce is uniquely positioned to model that balance. “The organizations that succeed are those that anchor AI initiatives to business outcomes, invest in upskiling, and move quickly from pilots to enterprise-wide adoption,” he added.

DID YOU KNOW?

• Saudi women-led SMEs could add $50–$70 billion to GDP over five years if 10–15% evolve into growth ventures.

• AI in Saudi Arabia is seen as a catalyst for progress, unlike in many Western markets where it is often viewed as a threat.

• Saudi Arabia is adopting skills-based models, matching employees to projects rather than fixed roles, making flexibility the new currency of success.

The convergence of Tawfiq’s financial empowerment approach and Holmes’s AI leadership vision points to one central truth: the Kingdom’s greatest strategic advantage lies in human capital that can think analytically and act ethically.

“Financial literacy builds confidence and credibility,” Tawfiq said. “It transforms participants from operators into leaders.” Holmes echoes this sentiment: “Technical skills matter, but the ability to learn, unlearn, and scale impact is what defines true readiness.”

Saudi women in the transportation sector represent the expanding presence of female talent across high-impact industries under Vision 2030. (AN File)

As organizations adopt skills-based models that match employees to projects rather than fixed job titles, flexibility is becoming the new currency of success. Saudi Arabia’s workforce revolution is as much cultural as it is technological, proving that progress moves fastest when inclusion and innovation advance together.

Holmes sees this as the Kingdom’s defining opportunity. “Saudi Arabia can lead global workforce transformation by showing how technology and people thrive together,” he said.

Tawfiq applies the same principle to finance. “Financial confidence grows from dialogue,” she said. “The more women talk about money, valuations, and investment, the more they’ll see themselves as decision-makers shaping the economy.”

Together, their visions outline a future where leaders are inclusive, data-literate, and AI-confident—a model that may soon define the global standard for workforce transformation under Vision 2030.