Boeing shares fall after South Korea calls for inspection of 737-800 jets

Published On Dec 30, 2024, 11:49 AM

Boeing shares have dropped following South Korea's decision to launch an investigation into the country's airline operations after a deadly crash involving a Boeing 737-800 aircraft. The investigation will focus on the maintenance records of the 101 Boeing 737-800 jets operated by South Korean airlines, amidst concerns raised about the safety procedures following the tragedy that left only two survivors from a total of 181 onboard. In early trading, Boeing shares went down over 4% before recovering slightly, indicating market concerns about potential regulatory implications and public perception of Boeing's aircraft safety.