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Boeing (BA) Shares Down 2% on News of Boeing 737-800 Plane Crash in Tehran, Reportedly Killing All 176 Passengers

January 8, 2020 6:04 AM

Shares of Boeing (NYSE: BA) down over 2% on reports, Ukraine International Airlines Boeing 737-800 crashed shortly after take-off from Tehran’s international airport on Wednesday, killing all 176 passengers and crew onboard. The early morning disaster was caused by “technical failure following a fire” on the flight destined for Kyiv, Ali Kashani, the airport’s spokesman, told Iran’s state news agency IRNA.

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