The latest tragic plane crash involving another Boeing aircraft adds to the travails facing the company after its 737 MAX was grounded nearly a year ago following two deadly crashes.
Details were limited Wednesday about the crash of a Ukraine International Airlines plane, a Boeing 737-800, near Tehran that killed 176 people.
Yet the latest bad news involving a Boeing plane weighed on company shares, which finished Wednesday’s session down 1.8 percent at $331.37.
The incident could hardly have come at a worse time for Boeing, which is still reeling from two MAX crashes that killed 346 people, causing its best-selling plane to be grounded worldwide and exposing the company to withering criticism over its handling of the crisis.