Aviation regulators in Europe and other regions began grounding the Boeing 737 MAX jet, marking an unusual departure from the FAA's guidance following the fatal Ethiopian Airlines crash Sunday involving the plane. The cause of the crash remains unknown. WSJ’s Robert Wall explains the significance for the company and air travel. Photo: Getty
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Dow futures down nearly 200 points as Boeing drops in premarket after deadly Ethiopia plane crashDow futures tumble on Monday, dropping over 100 points as Boeing shares fall sharply in premarket trading after the crash of a 737 Max 8 aircraft that killed 157 on board, the second accident in six months for its newest and popular plane.
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Ethiopian Airlines crash: All 157 people onboard killed as Boeing 737 goes down minutes after takeoffThe Boeing 737, which departed from the Ethiopian capital Addis Ababa, crashed just six minutes into its journey to Nairobi, Kenya.
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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 ...
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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...
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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.
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Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures.
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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.
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