Boeing 737 Skids Into Florida River, No Casualties Reported

By John Heerdink LinkedIn

A Boeing 737 800 chartered plane operated by Miami Air International skidded off the runway into the St Johns River, Jacksonville, Florida on May 3rd at 9.40 pm approximately, as per reports. The aircraft carrying 143 people including seven crew members were arriving from Naval Station Guantanamo Bay, Cuba. All the passengers and crew members are reported to be safe.

The reason for the failure is yet to be investigated. Boeing said it is assisting in the investigation and providing all technical assistance under the direction by The U.S. National Transportation Safety Board.

The incident has added to the list of recent failures by the aircraft, earlier Boeing’s most popular and used model 737 Max met with two fatal air crashes killing 346 people on-board.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.

To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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