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Boeing shares plunge on coronavirus, 737 MAX wiring bundle setback

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Shares of Boeing dropped more than 12 per cent on Monday amid a broader market plunge as pressure mounted on global aviation from the spread of the coronavirus and US regulators said they disagreed with Boeing's argument about the safety of wiring bundles on the grounded 737 MAX jet.

[BENGALURU] Shares of Boeing dropped more than 12 per cent on Monday amid a broader market plunge as pressure mounted on global aviation from the spread of the coronavirus and US regulators said they disagreed with Boeing's argument about the safety of wiring bundles on the grounded 737 MAX jet...

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