Post a Comment Print Share on Facebook

Biggest beating on the stock market in 18 years

Shares in aircraft manufacturer Boeing fell almost 13 percent on the u.s. stock market from the opening on Monday after one of its aircraft crashed in Ethiopia

- 7 reads.

Biggest beating on the stock market in 18 years

Shares in aircraft manufacturer Boeing fell almost 13 percent on the u.s. stock market from the opening on Monday after one of its aircraft crashed in Ethiopia on Sunday.

the Plane was of the type 737 Max 8, and 157 people lost their lives in connection with the crash.

It was the second plane crash with the type of six months. In October crashed a plane down in Indonesia, where 189 people lost their lives.

The two crash has created uncertainty about the safety of the aircraft from the 737 Max 8.

According to the Financial Times in Boeing's order book orders of over 5000 aircraft of the type, of which 300 have been delivered.

It is according to the Financial Times the largest stock market for the Boeing page 17. september 2001 in the aftermath of the terrorist attacks in the UNITED states.

After a 45-minute trading has the stock gained some of the lost and the diver eight percent.

this fall means that the market value of Boeing fell by 127 billion dollars.

- Although it is too early to draw conclusions, there may be concerns about interference in relation to safety, production and no-fly zone, says an equity analyst Rajeev Lalwani from Morgan Stanley to Reuters.

Several airlines and countries have after the crash and decided to keep the aircraft of that type on the ground.

It applies, among other things in China. The authorities are awaiting, that it will be examined whether the crash is due to a general error. The authorities in Ethiopia and Indonesia.

- In the light of the two accidents, both of which were with the newly delivered Boeing 737-8 aircraft, and which occurred during the takeoff phase, so they have a certain degree of similarity, writes China's authority for civil aviation in a notice.

In Europe follows luftfartsmyndigheden EASA the situation closely. So far there is not introduced a no-fly zone.

Boeing has on Monday stated that there is at present no basis for issuing a new guidance to the operators from the preliminary information on the crash.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.