Shares of Boeing fell in premarket trade Monday, as markets digested the news that the Federal Aviation Administration had ordered a temporary grounding of dozens of Boeing 737 Max 9 aircraft.
Shares were down 8% shortly after premarket trading opened at 4 a.m. ET.
Of the 171 aircraft grounded under the directive, United Airlines has 79 and Alaska 65, while the remaining 74 are spread across six other airlines. The 178-seater aircraft that suffered a blowout on Friday was delivered to Alaska Airlines on Nov. 11th.
Flight Recorder Data is gone from Alaka Airlines flight that lost door at 16,000 feet
🚨#BREAKING: Officials from the NTSB announced that both flight recorders of Alaska Airlines' Cockpit Voice Recorder have been sent to its lab in Washington, D.C. However, the data was mistakenly overwritten because no one turned it off, as reported by the NTSB, who stated,…
— R A W S A L E R T S (@rawsalerts) January 8, 2024
Boeing stock skids after FAA grounds planes, while Airbus shares advance
Boeing Wants FAA To Exempt Max 7 From Safety Rules To Get It In The Air
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