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Boeing collapses on Wall Street

The Boeing share fell by more than 12% Monday at the opening of the session on Wall Street, the day after the crash in Ethiopia of one of its flagship devices, the 737 MAX 8, which led several countries to immobilize these devices.

The stock was down 12.73% to 368.75 dollars around 14H34 GMT+1, bringing in its wake the Dow Jones Industrial Average, the flagship index of the New York Stock Exchange.

An Ethiopian Airlines 737 MAX 8 crashed Sunday south-east of Addis Ababa shortly after take-off, killing all 157 passengers and crew on board.

It is this same model, re-engineered version of the 737, which had crashed at sea in Indonesia late October, resulting in the death of 189 people on board, also a few minutes after takeoff.

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