• 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.


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