Boeing shares fall 4% premarket after South Korea crash - Breaking The News

Boeing shares fall 4% premarket after South Korea crash

30 December

1 min read

EPA-EFE/CAROLINE BREHMAN

Shares of Boeing plummeted more than 4% on Monday after the crash of the company's 737-800 plane in South Korea over the weekend.

Jeju Air's 737-800 aircraft crashed while landing at the Muan International Airport. However, no official reason has been given yet. Initial information suggests a landing gear failure could be the reason for the deadly crash. Previously, South Korea's government said it plans to conduct safety inspections of all Boeing 737-800 aircraft.

At 4:06 am ET, the company's shares plummeted 4.14% to sell at $173.23 in premarket in New York.

boeing south korea plane crash

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