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Another Day, Another Boeing Incident – Senegal Crash Compounds Problems – Boeing (NYSE:BA)


20-year-old professional trader reveals his “MoneyLine”

Forget your indicators and use the “MoneyLine”. One simple line tells you when to buy and sell without guessing. It’s a line on a chart that helped Nic Chahine win on 83% of his options purchases. That’s how he does it.


Boeing Co (NYSE: BA) continues to face challenges as a Boeing 737-300 aircraft crashed on takeoff from Senegal’s main airport on Thursday.

Air Sénégal flight HC301, operated by Transair with 78 passengers, skidded off a runway before takeoff, injuring 11 people and bringing the facility to a standstill.

Blaise Diagne Airport said an investigation was underway to determine the cause of the accident, which occurred around 1 a.m. GM, Reuters reported.

Boeing is already under regulatory scrutiny after the door panel on Alaska Air Flight 1282 exploded in mid-air in January.

Alaska Air Group (NYSE ALK) has temporarily grounded 65 Boeing Company 737 Max 9 jets following an emergency landing at Portland International Airport due to reported air pressure problems that damaged the fuselage.

Boeing faced 32 whistleblower complaints in three years that were investigated by the U.S. Occupational Safety and Health Administration over alleged employer retaliation that included concerns about airline safety and workplace safety.

Also read: Boeing whistleblower calls for all 787 Dreamliners to be grounded worldwide, citing concerns over ‘premature failure’: ‘Check your loopholes’

In another incident in April, Delta Flight #1413 ran into a troubling situation when the pilot informed passengers that the “Boeing 757 was yawing aggressively, which led us to make the decision to return,” according to a Benzinga employee reported on board the flight.

Price promotion: BA shares were trading down 0.30% at $179.80 in pre-market trading on Thursday at last check.

Boeing 777 illustration Photo via Shutterstock


20-year-old professional trader reveals his “MoneyLine”

Forget your indicators and use the “MoneyLine”. One simple line tells you when to buy and sell without guessing. It’s a line on a chart that helped Nic Chahine win on 83% of his options purchases. That’s how he does it.


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