Boeing shares dip as missing plane adds to B787 worry

[DALLAS] Boeing Co shares fell after the company said that it would inspect wings for cracks on undelivered 787s, and investigators searched for a Malaysian Airline System Bhd (MAS) B777 jetliner that vanished four days ago.

"News of the wing and inspections likely lower first quarter deliveries, plus the 777 aircraft incident in Asia will likely weigh on the Boeing stock this week," said Peter Arment, an analyst at Sterne, Agee & Leach Inc.

Boeing declined 1.3 per cent to US$126.89 at the close in New York. The shares have risen 56 per cent in the past year, compared with a 21 per cent increase in the Standard & Poor's 500 Index.