Aviation consultant Mike Boyd joins Fox & Friends Weekend to discuss a plane crash in South Korea.
boeing shares South Korea announced it was launching an investigation into the country’s airline operations following the deadliest plane crash in the country’s history, involving a Boeing plane that grounded flights Monday morning.
acting South Korean President Choi Sang-mok announced the investigation on Monday, and the country’s Transportation Ministry said a special inspection of all 101 Boeing 737-800 aircraft operated by South Korean airliners would begin that day, focusing on maintenance records of key components. Will do.
A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, southwest of London, on July 22, 2024. (Justin Tallis/AFP via Getty Images/Getty Images)
| anchor | Security | Last | Change | Change % |
|---|---|---|---|---|
| B. A | boeing company | 152.42 | +1.70 |
+1.13% |
Boeing shares fell more than 4% in early trading after the announcement Monday morning, but recovered a bit by 11:30 a.m. ET and were down 2.3% at about $176.52 a share.
Boeing declined to comment on the investigation, instead referring Fox Business to the Ministry of Land, Infrastructure and Transportation of the Republic of Korea (MOLIT).
America also said On Monday it was being sent to help investigators figure out what caused a crash at Muan International Airport in Muan, South Korea, a day earlier, when a Jeju Air flight skidded off the runway and landed on a concrete Crashed into the fence, only two of the 181 people on board survived.
Fire officials search for missing people and recover the deceased at the crash site near Muan International Airport in Jeollanam-do, South Korea, December 29, 2024, where the Jeju Air passenger plane collided during landing. (Chris Jung/Nurfoto via Getty Images/Getty Images)
A 15 year old child is seen in the footage of the incident boeing 737-800 jet She slid down the runway on her stomach after the landing gear failed to deploy.
Video captures South Korean plane’s final moments before hitting concrete barrier, exploding
The Boeing 737-800 is a different model from the plane maker’s 737 Max, which came under scrutiny after a door panel flew off mid-air on a 737 Max jet on January 5 last year.
An area of ​​the fuselage of an Alaska Airlines Boeing 737 Max 9 plane is covered with a plastic sheet outside a hangar at Portland International Airport in Portland, Oregon on January 8, 2024. (Photo by Matthew Lewis-Rowland/Getty Images/Getty Images)
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The company has been moving from crisis to crisis throughout 2024. Since the 737 Max was grounded, the CEO left, its production has slowed as regulators have investigated its safety culture and the company has implemented a series of layoffs.
Taylor Penley of Fox News and Reuters contributed to this report.
