The accident of the Jeju Air airline passenger plane in South Korea is weighing on Boeing’s stock market price. The shares of the manufacturer of the device, a Boeing 737-800, fell 1.7% at mid-session on Wall Street. On Sunday a crash occurred at the Muan international airport, causing the death of 179 people.
that tried to make an emergency landing but all three landing gears failed, causing the aircraft to leave the runway and collide with a dirt embankment and the concrete structures that limit the perimeter of the airport. Before the accident, he informed the control tower that he had collided with a bird.
The airline low cost Jeju Air, which operates 39 of these devices, fell 8.65% on the Korean Stock Exchange this Monday, although during the session they sank 17%. During the day, another plane of the same model and from this same airline has returned to the Gimpo national airport after it issued a warning message about its landing gear, according to Jeju Air in a press conference. Later, he verified that the landing gear was in good condition.
So far this year the titles of , which has led to the change of CEO, multimillion-dollar losses and massive layoffs. Added to all this is a strike that led it to guarantee a raise to end the strikes, and it has also had to face doubts about its Boeing 737 Max model, after 346 people died in Indonesia in 2018 and 2019. and Ethiopia in separate fatal accidents.
Since its debut in the 1990s, the 737-800 model has been widely used for short-haul trips, although since the launch of the 737 Max it has been gradually replaced by this one, which is more modern and has lower fuel consumption.
Beyond the accident in South Korea, another Boeing 737-800 plane paralyzed the Norwegian airport of Torp, in Sandefjord, for a few hours this Saturday, after the emergency landing of a plane from the Dutch airline KLM. The plane, which was traveling from Oslo to Amsterdam, decided to deviate from its route and land in Sandefjord after hearing “a loud noise,” as the airline acknowledged in a statement.
