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What Boeing Investors Should Know About Jeju Flight 2216
Is Boeing in trouble again? After the deadly plane crash in South Korea, Boeing's after-hours trading dropped over 5%.
On December 29, a Boeing 737-800 passenger plane from South Korea's Jeju Air skidded off the runway during landing and exploded, resulting in 179 fatalities; after the incident, Boeing's stock price plummeted by 5%, and Jeju Air's stock price fell sharply by 16% to an all-time low; American Airlines experts believe this incident is different from the fatal incident involving the Boeing 737 Max jet.
Is it Boeing's "fault" again? After the deadly crash in South Korea, another Boeing aircraft of the same model reports a malfunction.
① Two major aviation disasters occurred last week, including a Boeing aircraft from Jeju Air in South Korea that stalled and crashed, resulting in 179 fatalities, marking the largest global aviation disaster in nearly a decade; ② Following the incident on Sunday, another aircraft of the same model in South Korea reported landing gear failure on Monday, but it safely returned to base; ③ The investigation is focusing on bird strike incidents and landing gear failures, and the true cause of the accident cannot yet be determined.
Boeing In Spotlight After Fatal 737-800 Crash In South Korea, Stock Declined 28% Amid Deepening 2024 Challenges
Express News | Boeing Drops 5% in Overnight Trading Following the Major Accident at Muan International Airport, South Korea on Sunday.
Jeju Air Shares Slump After South Korean Plane Crash