Boeing plane crash, will it affect?

First of all, it is worth saying that the responsibility of an aircraft manufacturer is a huge responsibility. At the end of the day, she takes care of producing the vehicle that transports people through the air. Plane malfunction, often means terminal, hence the much responsibility. There is no doubt that any such incident, is dramatic first and foremost in the aspect of the victims, and their relatives.

Having said that, we will look at the Boeing company itself. The aircraft manufacturer has experienced enormous difficulties in recent years. It’s two crashes of a new MAX model the company has produced. The model is 737-800.

After the two crashes that occurred, one in Indonesia and the other in Ethiopia, the entire fleet of aircraft of this model of the company was grounded. After investigation and scrutiny, the FAA’s Boeing was fined $ 5.4 million, which was probably the least significant concern for the company.

Then came the corona. The airlines have stopped flying, and it does not appear that any company will book planes any time soon.

In any case, when it comes to Boeing, the question arises as to how the administration will react, and the explanation is that a company like Boeing will not collapse. The US administration will not leave the arena to just one aircraft manufacturer Airbus
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This past weekend, there was unfortunately another crash, also this time of a Boeing plane. Perhaps it can be said, with a degree of cynicism, given the private disaster that took place, that the crash occurred over the weekend when there was no trading in Boeing (BA) stock.

Is it the same plane? No!

This is exactly the point. The plane that crashed is a 737-500 aircraft, not the new MAX aircraft, whose model number is 737-800. So there is no real connection between the two. Of course the human mind automatically connects things, even though as mentioned there is no connection.
The plane that crashed is a 26-year-old plane, so quite a few questions arise, including the maintenance of the plane, and its condition before the flight, the specific failure that occurred, and which is still unknown.
So that things cannot be linked.

Will investors link things up? Unknown

As mentioned, on Saturday and Sunday there is no trading in the US, so it remains to be seen what will happen on Monday regarding the company’s stock on Monday. Will investors separate the events, or link them.
In the meantime, we will examine which funds may be affected by the holding of Boeing (BA) shares.

37 mutual funds holding Boeing (BA) shares in the amount of 10.27 million – For the full list of holdings

Significant holdings (over 1%) in Boeing (BA)

Boeing (BA) stock chart for the last year