SAFRF - 'Heavily damaged' black box found from Boeing China crash

One of the two black boxes containing data from Monday's crash of the Boeing (NYSE:BA) flight that killed 132 passengers and crew has been found in a "heavily damaged" condition, according to Chinese state media. Authorities are still working to determine whether the found black box is the flight-data recorder or the cockpit voice recorder. The U.S. National Transportation Safety Board said it appointed a senior air safety investigator to the China-led investigation, and that representatives from the Federal Aviation Administration, Boeing and CFM - the joint venture between GE and Safran (OTCPK:SAFRF) that manufactured the engines on the crashed plane - will serve as technical advisors. Noting the "very unusual" descent profile - the plane plunged more than 25K feet in about two minutes after cruising at 29K feet - not enough evidence has been obtained to begin eliminating any possible causes, aviation safety consultant John Cox told WSJ.

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'Heavily damaged' black box found from Boeing China crash