Shares of Southwest Airlines Co. LUV, -0.92% took a dive into negative territory in afternoon trade Wednesday, after President Trump called for the grounding of Boeing 737 Max 8 and Max 9 jets. The stock fell 1.1%, after being up about 0.9% just prior to Trumps' call, and up as much as 2.7% at the intraday high. Southwest is the U.S. carrier seen as having the most exposure to the 737 Max family of jets, according to Cowen. Among shares of other U.S.
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Poor choice of words?
Smart!
It’s down less than 1%.
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Trump Today: President says ‘airplanes far too complex to fly’ after Boeing’s 737 Max crashA pair of fatal crashes of Boeing 737 Max 8 jets in about four months has punished the airplane maker’s stock and drawn criticism from President Donald Trump on Tuesday. My experience is that ENGINEERS are WAY TOO OPTIMISTIC about their designs, and ACCOUNTANTs have TOO MUCH INPUT in designs. It’s called technology you old goat A man who does not know how to turn on and use a computer should probably keep his mouth shut over technological progress.
Source: MarketWatch - 🏆 3. / 97 Read more »
Boeing CEO assures Trump that 737 MAX is safeThe two men spoke by after Trump complained on Twitter that planes are "becoming far too complex to fly." Its not like the ceo is going to tell lies to stop the share price dropping. Let try trump start traveling on this plane seeing it’s so safe!! I reassure you I have the best words Dennis Boeing
Source: politico - 🏆 381. / 59 Read more »
Boeing CEO Dennis Muilenburg called Donald Trump to keep the 737 Max 8 planes flying: reportConcerns have been raised about Boeing’s reach in the highest levels of government. Wrong in so many ways I wonder how much that cost. This is literally an accident waiting to happen. This administration does not care about our citizens.
Source: Newsweek - 🏆 468. / 52 Read more »
Trump says he's ordering the grounding of Boeing 737 Max fleet in USTHEY KNEW! Come on Trump take a test run!!! Now this is not what aoc meant by limiting air travel and the NewGreenDeal is it?
Source: CNBC - 🏆 12. / 72 Read more »
U.S. to ground Boeing 737 Max 8 and 9 jets, Trump saysWhen's the Senate hearing with the Boeing leadership to investigate what happened here?
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump announces FAA will issue emergency order to ground Boeing 737 Max jetsBREAKING: President Trump announces US will issue 'emergency order' to ground all Boeing 737 Max aircraft following Ethiopian Airlines crash. Any of the planes currently in air will go to their destination and then be grounded, Trump says. Finally. Probably got a call from FoxNews telling him 2 do this. First good thing he’s done First one in over two years he got right!
Source: NBCNews - 🏆 10. / 86 Read more »
NOW: Trump announces US will order Boeing 737 Max 8s and 9s groundedAn investigation is underway after a Boeing 737 Max 8 aircraft crashed Sunday in Ethiopia, killing all 157 people on board. Follow here for the latest. I don't support the president but it was a good move to do this. Safety first This is the first time I have heard him speak and not insult someone Did the FAA forget to say there was no collusion?
Source: CNN - 🏆 4. / 95 Read more »
Trump says he has signed an order to ground Boeing 737 MAX 8President Donald Trump said Wednesday that he has signed an executive order to ground the Boeing 737 MAX 8 planes involved in two recent catastrophic crashes. Trump continuing to get things done. Build the wall next. Make Daylight savings permanent. It’s amazing we’ve had a lack of common sense legislation for this long. And after Boeing gave him a million dollars. huebs I think you asked about this yesterday.. your POTUS has your back, again.
Source: USATODAY - 🏆 100. / 63 Read more »
Trump: US will issue order to ground all Boeing 737 Max aircraftBREAKING: President Trump announces US will issue 'emergency order' to ground all Boeing 737 Max aircraft following Ethiopian Airlines crash. Any of the planes currently in air will go to their destination and then be grounded, Trump says. Several American pilots submitted complaints about the Boeing 737 Max aircraft months before the same aircraft model crashed in Ethiopia on Sunday, killing 157 people. This idiot acts like it was his decision. The entire world grounded the planes. The idiot45 got the smack down from Canada and he had no choice. Only a moron or complete RETARD would still believe or support this idiot!!!!! I wonder if this being VPMikePence plane had anything to do with the decision.
Source: MSNBC - 🏆 469. / 51 Read more »
Trump: FAA to Ground All U.S. Flights of Boeing 737 MAX PlanesPresident Trump says the Federal Aviation Administration will soon issue an order grounding all Boeing 737 MAX planes in the U.S. You still have these many active flights flying right now. USA LAST. Nearly every country led on this, including Canada. Herewith “President Day-late, Dollar-short”
Source: WSJ - 🏆 98. / 63 Read more »