Boeing shares were lower Monday after South Korea announced it is launching an investigation following the deadly Jeju Air crash over the weekend that involved a Boeing jet.
For decades, Boeing has maintained a role as one of the giants of American manufacturing. But the the past year's repeated troubles have been damaging.
The cause of Sunday’s crash remains under investigation but aviation experts were quick to distinguish the incident from the company’s earlier safety problems.
On Sunday morning, the commercial plane skidded off the runway, crashed into a wall and burst into flames while landing at Muan International Airport – killing all but two of its 181 passengers.
South Korean officials will conduct safety inspections of all Boeing 737-800 aircraft operated by the country's airlines after a deadly Jeju Air crash.
and approached for its scheduled landing Sunday at Muan International Airport in southern South Korea. After an initial failed landing attempt, the Boeing 737-800 received a bird strike warning ...
SEOUL, South KoreaSouth Korean officials said Monday they will conduct safety inspections of all Boeing 737-800 aircrafts operated by the country's airlines, as they struggle to determine ...
Shares of Boeing fell in early trading on Monday, one day after a Boeing model 737-800 was involved in the Jeju Air plane crash in South Korea that killed scores of passengers. The slide came hours after South Korea's transportation ministry announced it would investigate the crash and conduct a full inspection of all Boeing 737-800 aircraft in use in South Korea.
South Korean investigators said Saturday they were close to finalising the transcript of the cockpit voice recorder from a fatal plane crash that left 179 people dead last week."The transcript of the cockpit voice recorder (CVR) is expected to be completed today,
Investigators say the recording may hold clues to the final moments of Jeju Air flight 2216, as the US and Boeing join the search.
The exact cause of the Boeing 737-800 crash is still unknown, but investigators have pointed to a bird strike, faulty landing gear and the runway barrier as possible issues.