Boeing Shares Drop After Plane Crash

Boeing Shares Drop After Plane Crash

Singapore, China, and Indonesia have decided to suspend the exploitation of Boeing 737 MAX 8 after the crash of the Ethiopian airline plane, Reuters reports.

The crash of a Boeing plane became the second case in the last five months, associated with the MAX 8 liners. Boeing lost billions of dollars as its stock price fell 5% over one day.

The Civil Aviation Authority of Singapore (CAAS) will collect additional data and analyze all the risks of using Boeing 737 MAX 8 aircraft.

The passengers, who booked tickets, are concerned too. They are trying to figure out on board of which aircraft they are going to fly communicating on social networks.

The Ethiopian airline plane crashed on Sunday, March 10, six minutes after the takeoff. All 157 passengers on board died.