Boeing stocks fall next South Korea requires inspection of 737-800 jets

Boeing stocks fall next South Korea requires inspection of 737-800 jets

Boeing stocks had been ill Monday morning next South Korea introduced it’s launching an investigation into the crowd’s airline operations following the deadliest airplane accident within the nation’s historical past, which concerned a Boeing airplane.

Performing South Korean President Choi Sang-mok introduced the probe Monday, and the rustic’s delivery ministry mentioned a different inspection of all 101 Boeing 737-800 airplane operated through South Korean airliners would start that era, that specialize in the upkeep document of key elements.

A symbol is perceptible at the Boeing be on one?s feet at the opening era of the Farnborough Global Airshow 2024, southwest of London, on July 22, 2024. (Justin Tallis/AFP by way of Getty Pictures / Getty Pictures)

TickerSafetyLatterTradeTrade %
BATHE BOEING CO.172.76+0.21 +0.12%

Boeing stocks fell greater than 4% in early buying and selling following the announcement Monday morning sooner than improving some to stay ill 2.3% to round $176.52 in line with proportion as of eleven:30 am ET.

Boeing declined to remark at the investigation, referring FOX Trade to the Republic of Korea’s Ministry of Land, Infrastructure and Delivery (MOLIT) rather.

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The U.S. also said Monday it’s sending investigators to support decide what brought about the collision at Muan Global Airport in Muan, South Korea, the era sooner than, retirement handiest two survivors out of 181 boarded when a Jeju Breeze aviation skidded off the runway and crashed right into a concrete fence.

Fireplace government seek for the lacking and get well dead body on the web page of an collision similar Muan Global Airport in Jeollanam-do, South Korea, on Sunday, the place a Jeju Breeze passenger airplane collided all the way through touchdown. (Chris Jung/NurPhoto by way of Getty Pictures / Getty Pictures)

Photos of the incident presentations the 15-year-old Boeing 737-800 jet sliding ill the runway on its abdominal next its touchdown tools didn’t deploy. 

SOUTH KOREA PLANE’S FINAL MOMENTS CAPTURED ON VIDEO BEFORE HITTING CONCRETE BARRIER, TRIGGERING EXPLOSION

The Boeing 737-800 is a distinct type than the planemaker’s 737 Max, which has fallen beneath scrutiny over the generation yr next a door panel blew off a 737 Max jet in midair on Jan. 5.

A plastic sheet covers an department of the fuselage of the Alaska Airways Boeing 737 Max 9 airplane outdoor a hangar at Portland Global Airport in Portland, Oregon, on Jan. 8, 2024. (Mathieu Lewis-Rolland/Getty Pictures / Getty Pictures)

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The corporate has lurched from emergency to emergency during 2024. Because the door flew off its 737 Max, the CEO has departed, its manufacturing has slowed as regulators investigated its protection tradition and the corporate has carried out a line of layoffs.

Fox Information’ Taylor Penley and Reuters contributed to this record.

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