Boeing shares tumble as investigators recover part of plane panel


Shares of Boeing plunged early Monday after an airplane panel blew out mid-flight, reviving safety questions at a time when the company hoped to recover its reputation.

The more than eight percent drop in Boeing stock pushed the Dow index into the red as investors digested the latest incident involving the 737 MAX and whether it will derail Boeing's turnaround after a lengthy financial slump.

On Friday, Alaska Flight 1282 departed from Portland International Airport and was gaining altitude when the cabin crew reported a "pressurization issue", according to the Federal Aviation Administration (FAA), with the plane quickly returning to Portland.

Source(s): AFP
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