Boeing 737 in Danger after crash in chain?
All the update you need to know are as follows
Boeing 737 crash will test investor confidence
The crash of a Boeing jet in China sent the company’s shares down 5.6% at one point Monday
signaling a test of investor confidence just as the plane maker was starting to put a number of crises in its past.
A Boeing 737-800 plane carrying 132 people for China Eastern Airlines crashed in the mountains of southern China's Guangxi region on Monday.
Boeing Shares ultimately closed down 3.6%.
Details about the crash in China are pending, but analysts say they’d be surprised if it was the result of a fault with Boeing’s aircraft.
Yes, but: “Until we find out exactly what happened we won’t be surprised to see sentiment materially worsen for Boeing shares,” Scarola said.
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