Barcode
2024-12-30

$Boeing(BA)$ P&L community share for 10 ๐Ÿ… coins. I'm closing my positions in BA at the start of pre-market trading in about 13 hours.   The recent aviation incidents have been devastating ๐Ÿ’”๐Ÿ’”๐Ÿ’” These incidents weigh heavily, and my heart goes out to those who have lost loved ones! 

Tragic Aviation News โœˆ๏ธโœˆ๏ธโœˆ๏ธ๐Ÿ˜ข๐Ÿ˜ช๐Ÿ˜ž

In the last 24 hours:

   โ€ข   A Jeju Air Boeing 737-800 crash in South Korea claimed the lives of 179 out of 181 onboard. Investigators are exploring a possible bird strike and landing gear malfunction.

   โ€ข   A KLM Royal Dutch Airlines Boeing 737-800 experienced a runway excursion in Norway due to hydraulic failure, but all 182 passengers and crew survived.

   โ€ข   An Air Canada Express Dash 8-400 scraped its wing on landing, leading to a fire and minor injuries among 73 passengers.

These details are still under investigation, and itโ€™s too early to conclude causes, though the implications for Boeing could be severe.

Impact on Boeing

The stock will likely gap down after this tragic news. The FAAโ€™s next moves could determine Boeingโ€™s future trajectory. A restriction on sales would push the stock toward significant lows.

As someone passionate about aviation and having worked in the aviation sector both in New Zealand and United States where I have witnessed firsthand tragic accidents, this is a deeply personal decision, but the emotional weight and potential risks make it difficult to hold onto my positions right now.

Letโ€™s hope for thorough investigations, improved safety measures, and healing for all those affected by these tragedies.

Hoping for brighter days ahead in the aviation sector! 

Jeju Air Plane Crash in South Korea
Boeing is in contact with Jeju Air regarding a deadly plane crash in South Korea. The cause of the crash is still unclear, according to the CEO of Jeju Air. The CEO has apologized to the victims of the crash and stated that the airline will cooperate with the government in investigating the cause of the crash.
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Comments

  • Barcode
    2024-12-30
    Barcode
    Wow that dropped fast in Overnight trading! I went in low with the sell but not low enough. HODL nowโ€ฆ
  • Tui Jude
    2024-12-30
    Tui Jude

    Such sad news BC and so terribly sad for those that have lost their nearest and dearest! Sad also for South Korea, as I know you have friends there. I know how passionate you are about aviation. Our prayers are with these people that are affected ๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ’•๐Ÿ’—๐Ÿ’–

    • Cool Cat Winston:ย 
      Sad as ๐Ÿ˜ฟ
    • Barcode:ย 
      ๐Ÿ˜ž ๐Ÿฉต๐Ÿฉต๐Ÿฉต
    • Barcode:ย 
      Thanks TJ, my friends in S.Korea are devastated for those involved and one who is ex $QANTAS AIRWAYS LIMITED(QAN.AU)$ is really upset as he knew a crew member so the news hits home especially for them. Jeju is so popular also amongst tourists and locals. Our thoughts and prayers are with them for sure. Unfortunate for all! ๐Ÿ™๐Ÿผ๐Ÿ™๐Ÿผ๐Ÿ™๐Ÿผ
  • Barcode
    2024-12-30
    Barcode
    It has been a horrible week for air travel, at one of the busiest times of the year. ๐Ÿ™๐Ÿผ๐ŸคฒPrayers to all those who have been affected.
    - Azerbaijan Airlines Flight 28243 (Embraer 190)
    - KLM Flight 1204 (Boeing 737-800)
    - Jeju Air Flight 2216 (Boeing 737-800)
    - Air Canada Flight 2259 (De Havilland Dash 8)
    • BarcodeReplyCool Cat Winston:ย 
      Happy trading aheadโฃ๏ธ Cheers BC ๐Ÿ’ฐ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€
    • BarcodeReplyCool Cat Winston:ย 
      Statistically speaking yes CCW! I still love flying โœˆ๏ธโœˆ๏ธโœˆ๏ธ๐Ÿ€๐Ÿ€๐Ÿ€
    • Cool Cat Winston:ย 
      Horrid, Iโ€™m glad Iโ€™m not flying anywhere at the moment but they say itโ€™s still safer than being on the road ๐Ÿš˜๐Ÿš™๐Ÿš˜
  • Hen Solo
    2024-12-30
    Hen Solo
    So very sad BC ๐Ÿ™๐Ÿผ
    • Barcode:ย 
      Happy trading aheadโฃ๏ธ Cheers BC ๐Ÿ’ฐ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode:ย 
      Totally HS ๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข
  • Cool Cat Winston
    2024-12-30
    Cool Cat Winston

    So so sad ๐Ÿ˜ฟ๐Ÿ˜ฟ๐Ÿ˜ฟ 

    • Barcode:ย 
      Happy trading aheadโฃ๏ธ Cheers BC ๐Ÿ’ฐ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode:ย 
      Very CCW! ๐Ÿ™๐Ÿผ
  • Sposy
    2024-12-31
    Sposy

    Great article, would you like to share it?

    • Barcode:ย 
      Happy trading aheadโฃ๏ธ Cheers BC ๐Ÿ’ฐ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode:ย 
      I appreciate your support ๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode:ย 
      Thanks for sharing Sposy! ๐Ÿ€๐Ÿ€๐Ÿ€
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