Boeing Stock Plummets 8% as FAA Orders Grounding of 737 Max 9 Fleet, Airbus Gains Amidst Safety Concerns

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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.

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www.cnbc.com/2024/01/08/ba-shares-boeing-stock-slide-8percent-in-premarket-trading-after-faa-grounds-737-max-9s.html

Flight Recorder Data is gone from Alaka Airlines flight that lost door at 16,000 feet

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Boeing stock skids after FAA grounds planes, while Airbus shares advance

www.marketwatch.com/story/boeing-shares-tumble-after-window-panel-blowout-1bf89031?mod=home-page

Boeing Wants FAA To Exempt Max 7 From Safety Rules To Get It In The Air

inshort.geartape.com/boeing-wants-faa-to-exempt-max-7-from-safety-rules-to-get-it-in-the-air/

 

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