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Boeing, FAA Team to Prove Lion Air Crash

The U.S. Federal Aviation Administration and Boeing (NYSE: BA) are evaluating the need for software or design changes to 737 MAX jets in the wake of last month's deadly Lion Air crash in Indonesia, the regulator said on Tuesday.

Boeing shares fell 2.1% on Tuesday on concerns related to the first crash of the newest version of the planemaker's best-selling jet, in which all 189 people on board were killed when it dived into the sea.

Indonesian investigators said on Monday a system designed to deal with the accident scenario was not described in the flight manual. They called for more training for 737 MAX pilots.

U.S. pilot unions later said they were not aware of the new anti-stall system.

Operating procedures and training for the 737 MAX could also change as the FAA and Boeing learn more from the investigation, the regulator said in a statement.

Investigators are preparing to publish their preliminary report on the crash on Nov. 28 or Nov. 29, one month after the Lion Air jet crashed at high speed into the Java Sea.

Until now, public attention has focused mainly on potential maintenance problems including a faulty sensor for the 'angle of attack,' a vital piece of data needed to help the aircraft fly at the right angle to the currents of air and prevent a stall.

Information recovered from the jet's data recorder last week led the FAA to issue an emergency directive warning pilots that a computer on the 737 MAX could force the plane to descend sharply for up to 10 seconds even in manual flight, making it difficult for a pilot to control the aircraft.

BA shares took flight $3.74, or 1.1%, to $353.26 Wednesday