The recent **Jeju Air crash** in South Korea, involving a Boeing 737-800, resulted in one of the company's significant setbacks, killing 179 people.
Boeing's reputation has been deteriorating, compounded by previous issues with its **737 Max**, which had two fatal crashes in 2018 and 2019.
**Experts** note that the incident should not be directly linked to earlier safety problems with the 737 Max, emphasizing that the 737-800 is a proven aircraft.
Boeing's stock price has plunged more than **30%** in 2024, following a series of operational troubles and safety issues.
The company grapples with recent legal challenges, including a rejected plea deal concerning its previous safety violations with the **FAA**.
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