Some S.Korean airlines fall in aftermath of Ethiopia Boeing crash

Trinity Airways Co

13/03/2019 02:22

** Some of South Korea's airline stocks stumble in the
aftermath of crash of Boeing's  BA.N  737 MAX 8 jet in Ethiopia
 urn:newsml:reuters.com:*:nL8N20Z34J
    ** Shares of a budget carrier, T'way Air Co Ltd  091810.KS ,
lose 5.4 pct, while its holding company Tway Holdings Inc
 004870.KS  falls 1.8 pct
    ** Korean Air Lines Co Ltd  003490.KS  shrinks 4.6 pct while
another budget carrier JejuAir Co Ltd  089590.KS  slides 2.8 pct
    ** South Korean carriers have planned to introduce 14 planes
of Boeing's 737 MAX 8 this year; 6 ones from Korean Air Lines
and 4 ones from Eastar Jet and JejuAir, respectively, said Kim
Yu-hyuk, an analyst for Hanwha Investment & Securities
    ** If the introductions are delayed, this could limit growth
of T'way Air, Kim said in a report 
    ** Eastar Jet has grounded its two 737 MAX jets after the
crash 
    ** The broader KOSPI market  .KS11  was trading down 0.9 pct

 ((hayoung.choi.thomsonreuters.com@reuters.net))