737 Max 9 Door Blowout: Alaska, Boeing, Spirit Stocks Plunge
In a significant market shake-up, Alaska Airlines, Boeing, and Spirit Aerosystems witnessed a sharp decline in their stock prices during the initial trading session after a 737 Max 9 jet experienced a midair blowout of a large panel on a flight from Portland to Ontario, California, on Friday night.
Boeing's stock, impacted heavily by the incident, saw a nearly 7% decrease, leading to a 0.2% loss in the Dow Jones Industrial Average, accounting for 77 points. Spirit Aerosystems, the manufacturer of the door plug, experienced an 8% drop, while Alaska Airlines stocks fell by almost 5% on Monday morning.
The incident occurred when the mid-cabin door plug detached midair, compelling the aircraft to return to Portland International Airport (PDX) for an emergency landing. Miraculously, none ...