Boeing Shares Drop 5% After Deadly Jeju Air Crash Prompts South Korea's B737-800 Inspections

Benzinga

Boeing shares dropped nearly 5% in premarket trading Monday after South Korea ordered inspections of all B737-800 planes following a deadly Jeju Air crash over the weekend. The crash killed nearly all passengers onboard. South Korea's Ministry of Land, Infrastructure, and Transport has launched a "comprehensive special inspection" of the aircraft model. The U.S. National Transportation Safety Board leads an investigation team to assist South Korea's probe. Boeing expressed condolences and pledged support to Jeju Air and the crash victims' families.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Boeing shares dropped nearly 5% in pre-market trading Monday after South Korea ordered inspections

00:07of all B737-800 planes following a deadly Jeju air crash over the weekend.

00:13The crash killed nearly all passengers on board.

00:15South Korea's Ministry of Land, Infrastructure and Transport has launched a comprehensive special

00:20inspection of the aircraft model. The U.S. National Transportation Safety Board is leading

00:25an investigation team to assist South Korea's probe. Boeing expressed condolences

00:30and pledged to support the Jeju Air and the crash victims' families.

00:33For all things money, visit Benzinga.com slash GSTV.

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