Boeing shares dip again as 737 MAX groundings spread
- Boeing Co’s fall in stock market value this week soared past $20 billion on Tuesday as more countries including the United Kingdom grounded the planemaker’s 737 MAX 8 aircraft following Sunday’s deadly crash in Ethiopia.
Malaysia, Singapore and Australia also grounded the plane. The same model was involved in another fatal crash in Indonesia in October. DZ Bank became the first brokerage in nearly two years to place a “sell” rating on the stock, while setting a price target of $333 - the lowest on Wall Street.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. says Boeing 737 MAX 8 airworthy but says Boeing will make design changesThe United States told international carriers on Monday that the Boeing 737 MAX ...
Read more »
China and Indonesia halt Boeing 737 MAX 8 after Ethiopia crashChina, Indonesia and Ethiopia grounded their Boeing Co 737 MAX 8 fleets on Monda...
Read more »
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 ...
Read more »
Boeing stock is set to plunge again after Australia joins Singapore in suspending 737 Max flights
Read more »
Ethiopian Air Crash Puts Spotlight Again On Boeing 737 MAX; China, Indonesia Ground PlanesA Boeing 737 MAX operated by Ethiopian Airlines crashed shortly after takeoff Sunday, raising fresh safety concerns about the new version of Boeing’s best-selling aircraft following a heavily scrutinized crash in Indonesia.
Read more »
Ethiopian Air Crash Puts Spotlight Again On Boeing 737 MAX; China, Indonesia Ground PlanesA Boeing 737 MAX operated by Ethiopian Airlines crashed shortly after takeoff Sunday, raising fresh safety concerns about the new version of Boeing’s best-selling aircraft following a heavily scrutinized crash in Indonesia.
Read more »
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.
Read more »
FAA says Boeing 737 MAX planes are still airworthy, expects to mandate design changes by AprilThe Federal Aviation Administration told international airlines that Boeing 737 MAX planes remain airworthy yesterday, but airlines and even entire countries are grounding the Max 8.
Read more »
Airlines around the world ground Boeing 737 MAX jets after second fatal crashUK aviation regulators joined airlines and aviation regulators around the world in grounding Boeing 737 MAX jets following the second deadly crash of one of the popular planes in less than five months.
Read more »