Indonesia's national carrier Garuda will call off a multi-billion-dollar order for 49 Boeing 737 Max 8 jets after two fatal crashes involving the plane, the company said Friday, in what is thought to be the first formal cancellation for the model.

BEIJING/SHANGHAI, March 11: China’s aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft operated by its airlines, more than a quarter of the global fleet of the jets, after a deadly crash of one of the planes in Ethiopia.