Boeing's stock declined 9% on Monday morning in the aftermath of the second deadly crash of its bestselling 737 MAX 8 jet in five months. All 157 people on board the Ethiopian Airlines flight were killed when the plane fell out of the sky shortly after takeoff.The sharp selloff is a sign that Boeing has a serious crisis on its hands. Almost three-quarters of Boeing's 2018 deliveries were 737 planes. And Boeing plans to build 59 new 737s each month in 2019.
Boeing is the index's most expensive stock -- and the index is price-weighted.Boeing crisis escalates as countries ground 737 MAX jetsThe Ethiopian Airlines crash comes after a 737 MAX flown by Lion Air crashed off the coast of Indonesia in late October. All 189 passengers onboard the Lion Air flight died.
How damaging will 737 Max 8 developments be on the medium term (through Q2) outlook for Boeing stock? How dependent is the plane manufacturer on this particular model? Rapid response from our Wonks:
Stock falls..
The obvious thing to do is check maintenance records
Time to buy the stocks! 💰
That won't bring back the dead, beoing should be closed down in total, same plane two accident lives lost
realDonaldTrump
They need to ground these planes until they figure out what is going on. One life too many has been lost due to malfunctioning and/or lack of operation training. Either way, something needs to be done sooner than later.
Nobody can tolerate visible death.. something should be done otherwise....
attacks children.
How crazy would you need to be to get on this plane till they know and fix the problem.
Real story is all the UN employees on the plane. On its way to see BarackObama in Kenya
Did anyone knows what cause the crash?
So what? It’s what always happens. Traders shift money to something else, then purchase more Boeing stock when the stock price bottoms out. CNN must think we’re all stupid, or they’re trying to bottom out their own stock prices to steal back their own stock from investors.👀u💋
Lion Air = Absolute trash for a saftey record. Ethiopian Airlines = Tops 60 different accidents involving deaths. *Two boeing planes go down at the hands of questionable airlines* Sweaty America haters = vigorously masterbating.
Two planes crash 🛫🛬 in 4 months? That does NOT statically happen! Something’s FLAWED in this design. I’d sell my stock too if I had any!
After the Buzzfeed, Covington kids and Jussie Smollett stories.... I think that I will WAIT for what the black box and investigators say..
737 800 MAX****
they should increase their sale! The eastern countries are the best markets!
cnnbrk
cnnbrk
sorry for the innocent lives lost again
🤔 I know they recently moved a lot of the finishing production to China over the years, I wonder if this is a component that was put in over there .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing stock price falls after Ethiopian Airlines crash involving 737 MAX 8 planeBoeing stock fell Monday, a day after the crash of Ethiopian Airlines Flight 302 killed 157 – the second major crash involving a Boeing 737 MAX 8. Sad but their stock wasn't the only thing that fell. It really is sad that companies avoid issues and innocent people have to pay with their lives. Greed. They could have sold those shares to me I would take them
Source: USATODAY - 🏆 100. / 63 Read more »
Boeing shares down 11 percent after second 737 MAX crashShares of Boeing Co slid 11 percent in early trading on Monday after China, Indo... Boeing needs to come up with credible answers🙏 It's not about Boeing it's about the greed with which aircraft are being used by airlines. Within minutes of touchdown an aircraft is refueled, passengers sitting in goes out, cleaners comes in and clean, new food and beverages stuffed, new passengers sits and takes off! A formality of inspection is done. With eyes how can one be sure that everything is in place? Maintenance is the reason of all air crashes and maintenance needs time. Air travel is dangerous!
Source: Reuters - 🏆 2. / 97 Read more »
Boeing shares dive as international carriers ground 737 MAX 8 after Ethiopia crashBoeing was already under intense scrutiny over another deadly plane crash involving the same 737 MAX 8 model. Well if that plane can't stay in the air.. Really poor word choice so much winning!
Source: washingtonpost - 🏆 95. / 72 Read more »
China and Indonesia halt Boeing 737 MAX 8 after Ethiopia crashChina, Indonesia and Ethiopia grounded their Boeing Co 737 MAX 8 fleets on Monda... Stop flying Boeing planes. It might be a case of Rogue tRump and his sex partners Putin, Modi, Erdogan, Salman, Kim rigging the planes with AEI and crashing them for their sadistic pleasures. Boeing operated by Malaysia vanished in thin air. Eww..the US sabotaged them.
Source: Reuters - 🏆 2. / 97 Read more »
Boeing shares fall after second deadly 737 MAX 8 crashShares of Boeing Co slid 9 percent in early trading on Monday as many airlines g... They all need to be added to Hillary Clinton’s body count Is anyone going to use that engine on the floor? Inevitable
Source: Reuters - 🏆 2. / 97 Read more »
Boeing shares fall sharply after second deadly 737 MAX 8 crashShares of Boeing sank as some airlines grounded the planemaker's best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane. When is the 3rd coming SquawkCNBC Ross Sorkin asks if crash has anything to do with China trade talks? “Stock expert” yes possibly. Joe laughs on air at both! SquawkCNBC Be careful not to minimalize the loss of life when you report...
Source: CNBC - 🏆 12. / 72 Read more »
Chinese carriers, Ethiopian Airlines suspend use of Boeing 737 MAX 8 aircraft after crashChina's aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX ... The man that lost his father is breaking my heart💔 There are 99 or so others that we need to know about ———🥵😓😥😓😭😭😭😭😭😭😭😭😭 Sounds like the right call Other carriers should also suspend flights this is a similar accident which they tried to pin on pilot error earlier. Let's have some truth from Boeing before more people die.
Source: Reuters - 🏆 2. / 97 Read more »
Chinese airlines reportedly ordered to temporarily halt use of Boeing 737 Max planes after crashChinese airlines will suspend the use of Boeing 737 Max airplanes on the orders of the country's industry regulator, Chinese media outlet Caijing reported on Monday, citing sources familiar with the matter. geraldfillion Safest thing to do at this time
Source: CNBC - 🏆 12. / 72 Read more »
With Ethiopian Airlines crash, a second new Boeing 737 MAX 8 jet goes downA crash that killed at least 150 Sunday morning was the second incident in recent months involving a Boeing 737 MAX8. It comes as Boeing faces harsh scrutiny over the first crash the earlier one. Sounds like designer flaw Boeing: The name means a maximum of 8 will crash this year. Boeing’s plane has a serious software flaw.
Source: washingtonpost - 🏆 95. / 72 Read more »
Ethiopian Airlines crash is second disaster involving Boeing 737 MAX 8 in monthsThe Ethiopian Airlines crash, which killed 157, is the second deadly disaster involving Boeing's new 737 MAX 8 jet in less than six months did they make these planes from cardboard and hot glue? Ground all 737 Max 8 jets. They’re clearly a flight risk and have no business being in the air. 💔
Source: CNN - 🏆 4. / 95 Read more »