Core Points - South Korea's transport ministry announced a special inspection of all 101 Boeing 737-800 aircraft operated by South Korean airlines, focusing on maintenance records of key components following a deadly plane crash [1][4] - Boeing shares experienced a decline of more than 4% in early trading after the investigation announcement, later stabilizing to a decrease of 2.3% at approximately $176.52 per share [5] - The U.S. is sending investigators to assist in determining the cause of the recent plane crash at Muan International Airport, which resulted in only two survivors out of 181 onboard [6] Company Situation - Boeing has faced multiple crises throughout 2024, including the departure of its CEO, production slowdowns due to regulatory investigations into its safety culture, and a series of layoffs [3] - The incident involved a 15-year-old Boeing 737-800 jet that failed to deploy its landing gear, leading to a crash [2][4] - The Boeing 737-800 model is distinct from the 737 Max, which has been under scrutiny due to safety issues [7]
Boeing shares fall after South Korea calls for inspection of 737-800 jets