Boeing's stock price fell 11% this week, while Airbus's stock price rose 5%.

15/03/2019 15:52 WIB
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Boeing and Airbus Share Prices (March 1-14, 2019)
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The crash of the Ethiopian Air plane, resulting in a flying ban on Boeing 737 Max aircraft in several countries, including Indonesia, negatively impacted the share price of The Boeing Co. Previously, a Lion Air plane with the same specifications (737 Max) also crashed minutes after takeoff in October 2018.

The share price of the Chicago-based aircraft manufacturer, traded under the symbol BA, closed down 1.02% on Thursday (March 14th) to US$373 per share compared to the previous day's closing price. Cumulatively, the share price of this Dow Jones component has fallen 11.65% since closing at US$422.54 per share on Friday (March 8th).

Meanwhile, its competitor, Airbus, saw its share price rise 0.1% on Thursday (March 14th) to US$117 from the previous day's close and also rose 4.91% compared to the previous weekend's close. Thus, year-to-date, the shares of the French aircraft manufacturer, traded under the symbol AIR, have soared nearly 40% compared to their position at the end of last year.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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