Flight 2216 at Muan International Airport in Muan County, South Korea, on Monday, Dec. 30, 2024.
Boeing shares dropped nearly 5% in premarket trading Monday, after South Korea ordered an inspection of all B737-800 planes, the model involved in a deadly Jeju Air crash over the weekend.
New York-listed shares of Boeing were down 4.7% in premarket trading before paring losses to trade 3.6% lower as of 6:45 am ET.
The plane landed without the correct gear deployed at South Korea's Muan International Airport, skidded off the runway and smashed into a wall before bursting into flames.
The U.S. National Transportation Safety Board is meanwhile leading a team of U.S. investigators, including the Federal Aviation Administration and Boeing, to assist South Korea's Aviation and Railway Accident Investigation Board with a probe into the crash.
Persons:
Choi Sang, mok, MOLIT, Yu Kyung, France's Safran
Organizations:
Air Co, Muan, Boeing, South, Ministry of Land, Infrastructure, Transport, NBC, U.S . National Transportation Safety, Federal Aviation Administration, South Korea's Aviation, Railway Accident, CFM International, GE Aerospace, France's
Locations:
Muan County, South Korea, York, South, skidded, MOLIT