Aviation guide Mike Boyd joins Fox & Buddies Weekend to debate a aircraft crash in South Korea.
Boeing shares have been down Monday morning after South Korea introduced it’s launching an investigation into the nation’s airline operations following the deadliest aircraft crash within the nation’s historical past, which concerned a Boeing plane.
Appearing South Korean President Choi Sang-mok introduced the probe Monday, and the nation’s transport ministry mentioned a particular inspection of all 101 Boeing 737-800 plane operated by South Korean airliners would start that day, specializing in the upkeep report of key parts.
A brand is seen on the Boeing stand on the opening day of the Farnborough Worldwide Airshow 2024, south west of London, on July 22, 2024. (JUSTIN TALLIS/AFP through Getty Photos / Getty Photos)
Ticker Safety Final Change Change % BA THE BOEING CO. 152.42 +1.70
+1.13%
Boeing shares fell greater than 4% in early buying and selling following the announcement Monday morning earlier than recovering some to stay down 2.3% to round $176.52 per share as of 11:30 am ET.
Boeing declined to touch upon the investigation, referring FOX Enterprise to the Republic of Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) as an alternative.
AVIATION EXPERT CASTS DOUBT ON BIRD STRIKE THEORY IN DEADLY SOUTH KOREAN PLANE CRASH: ‘DOESN’T MAKE SENSE’
The U.S. additionally mentioned Monday it’s sending investigators to assist decide what brought about the accident at Muan Worldwide Airport in Muan, South Korea, the day earlier than, leaving solely two survivors out of 181 onboard when a Jeju Air flight skidded off the runway and crashed right into a concrete fence.
Hearth authorities seek for the lacking and get better the deceased on the website of an accident close to Muan Worldwide Airport in Jeollanam-do, South Korea, on Dec. 29, 2024, the place a Jeju Air passenger aircraft collided throughout touchdown. (Chris Jung/NurPhoto through Getty Photos / Getty Photos)
Footage of the incident reveals the 15-year-old Boeing 737-800 jet sliding down the runway on its stomach after its touchdown gear did not deploy.
SOUTH KOREA PLANE’S FINAL MOMENTS CAPTURED ON VIDEO BEFORE HITTING CONCRETE BARRIER, TRIGGERING EXPLOSION
The Boeing 737-800 is a distinct mannequin than the planemaker’s 737 Max, which has fallen beneath scrutiny over the previous 12 months after a door panel blew off a 737 Max jet in midair on Jan. 5.
A plastic sheet covers an space of the fuselage of the Alaska Airways Boeing 737 Max 9 plane exterior a hangar at Portland Worldwide Airport on Jan. 8, 2024, in Portland, Oregon. (Picture by Mathieu Lewis-Rolland/Getty Photos / Getty Photos)
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The corporate has lurched from disaster to disaster all through 2024. For the reason that door flew off its 737 Max, the CEO departed, its manufacturing has slowed as regulators investigated its security tradition and the corporate has carried out a collection of layoffs.
