• 25/07/2024 05:17

Boeing shares plummet 11% amid new MAX crash

Boeing shares fell sharply after a new accident with the MAX aircraft and a ban on flights in the United States on similar ships. If you look at the weekly chart, the securities collapsed by 11.47%.

Boeing shares collapsed by 11% amid a new MAX plane crash

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Pre-market price of Boeing shares is $227.77, before the accident the price was at $248.

Boeing shares collapsed by 11% amid a new MAX plane crash

What happened to the plane

A Boeing 737 MAX 9 of Alaska Airlines made an emergency landing at Portland Airport on January 5 after losing part of the fuselage in the air at an altitude of about 5 km. None of the passengers were injured. The carrier took delivery of the aircraft from Boeing in November 2023.

Shares of Alaska Air Group (NYSE: ALK) also fell 4.2%.

After the incident, the Federal Aviation Administration ordered a temporary grounding. approximately 171 737 MAX 9 aircraft.

Problematic Boeing MAX

Remember that this is not the first story with Boeing MAX aircraft. In 2018 and 2019, aircraft of this generation suffered tragic plane crashes, killing many people.

minfin.com.ua

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