Boeing, Parts Supplier Shares Fall after Alaska Airlines Accident: Report


Boeing, Parts Supplier Shares Fall after Alaska Airlines Accident: Report

TEHRAN (Tasnim) – Shares in Boeing and supplier Spirit AeroSystems both tumbled on Monday as investors investigated the financial fallout from last week’s mid-flight accident on an Alaska Airlines aircraft.

US investigators announced that they had located the door plug that blew out of the Boeing 737 Max during the flight.

The incident prompted an emergency landing and the grounding of some aircraft, Financial Times reported. 

The door plug — a “key component” for investigators — was located in the backyard of a Portland resident on Sunday night, according to Jennifer Homendy, chair of the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport accidents.

The Alaska Airlines flight was carrying 171 passengers and six crew on Friday when a section of the fuselage was torn away. All of those on board landed safely at Portland, Oregon.

Most Visited in Economy
Top Economy stories
Top Stories