South Korean officials plan to conduct safety inspections of all Boeing 737-800 aircraft operated by the country’s airlines, as they struggle to determine what caused a weekend plane crash that killed
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.
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.
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.
Boeing shares were down as much as 6% Monday morning. Authorities in Korea believe a bird strike could have been a factor in the fatal crash.
2024 was already a dispiriting year for Boeing, the American aviation giant. But when one of the company’s jets crash-landed in South Korea on Sunday, killing all but two of the 181 people on board, it brought to a close an especially unfortunate year for Boeing.
U.S. investigators could be seen Tuesday moving around the crash site in South Korea following the deadly crash of a Jeju Air Boeing 737-800.
Boeing has issued a statement after one of its 737-800 jets crash landed in South Korea on Sunday, killing at least 174 people. In a statement provided to Newsweek, the airplane manufacturer said it was in contact with the airline Jeju Air and was "ready to support them."
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.
The high "utilisation rate" of Jeju Air's planes - the number of hours they fly in a day - is not problematic in itself, experts say, but means scheduling enough time for required maintenance is cruci
The remains of a South Korea plane crash victim were returned to her family in Thailand this week. Jonglak Duangmanee, 45, was among the 179 passengers killed when a Boeing 737 operated by Jeju Air smashed into a concrete wall at the Muan International Airport in South Korea on December 29.
South Korea's transport minister said on Tuesday he intends to step down to take responsibility for the deadly crash of a Boeing jet operated by Jeju Air on Dec. 29. Jeju Air 7C2216, which departed the Thai capital of Bangkok for Muan in southwestern South Korea,