Aviation regulators in Europe and other regions began grounding the Boeing 737 MAX jet, marking an unusual departure from the FAA's guidance following the fatal Ethiopian Airlines crash Sunday involving the plane. The cause of the crash remains unknown. WSJ’s Robert Wall explains the significance for the company and air travel. Photo: Getty
Boeing Co.’s struggling shares have unleashed a frenzy of options trading on its stock, with some trades positioned for a rebound.
The aerospace and defense company’s shares are down 11% this week. One of Boeing’s models, the 737 MAX jet, has been in two crashes over the past five months, raising questions about the plane’s flight-control system. The latest occurred in Ethiopia over the weekend, killing 157 people.