Boeing stock falls following crash of Jeju Air 737-800 jet

Published On Dec 30, 2024, 12:39 PM

Boeing stock fell about 2% following the crash of a Jeju Air 737-800 jet on December 30, 2024, which resulted in the death of 179 passengers and crew, with only two survivors. Investigations are ongoing into potential causes including a bird strike affecting one of the engines. In response to the crash, South Korea plans to inspect all Boeing 737-800 aircraft operated by domestic airlines. This incident raises additional safety concerns for Boeing, as the 737-800 is part of its troubled history, especially following previous incidents with the 737 Max.