Boeing shares were lower Monday after South Korea announced it is launching an investigation following the deadly Jeju Air crash over the weekend that involved a Boeing jet.

South Korean officials plan to conduct safety inspections of all Boeing 737-800 aircraft operated by the country’s airlines

Shares of Boeing fell in early trading on Monday, one day after a Boeing model 737-800 was involved in the Jeju Air plane crash in South Korea that killed scores of passengers. The stock price dropped more than 4% at the open of trading on Monday morning.

Accident investigators are trying to find the cause of a Jeju Air fatal crash landing that killed 179 of the 181 on board the flight.

The cause of Sunday’s crash remains under investigation but aviation experts were quick to distinguish the incident from the company’s earlier safety problems.

South Korea's transport ministry said on Sunday that it plans to conduct a safety inspection of all Boeing 737-800 aircraft in the country, per Yonhap News. The Boeing 737-800 is a popular ...

On Sunday morning, the commercial plane skidded off the runway, crashed into a wall and burst into flames while landing at Muan International Airport – killing all but two of its 181 passengers.

SEOUL: South Korean police said they raided Muan airport and the Jeju Air office on Thursday (Jan 2) morning over the crash involving one of the carrier's Boeing 737-800s that killed 179 people. Jeju

A Jeju Air Boeing 737-800 skidded down the runway and crashed in a fireball in South Korea, and investigators are just beginning the process of figuring out why.

Boeing shares were down as much as 6% Monday morning. Authorities in Korea believe a bird strike could have been a factor in the fatal crash.

Families of the victims were taken to the crash site for the first time on New Year's Day to pay their respects.