South Korea orders Boeing 737-800 inspections after fatal crash
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 30 December 2024
⏱️ 4 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Top 10 REITs heading into 2025
Google CEO asks employees to brace for challenging 2025
What to watch out for in 2025 (including a rate hike) - Apollo's Slok
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Monday, December 30th, the final Monday of 2024. I'm Julie Morgan. |
| 0:15.0 | Boeing is dealing with yet another plane crash. Snow Lake Resources is taking a big hit and two movies |
| 0:23.0 | dominated the holiday weekend box office. We begin with an update on a story we brought you Sunday |
| 0:29.6 | here on Wall Street lunch with Kim Khan. Boeing is down 4.5% in pre-market action following a plane crash in South Korea that killed 179 people. |
| 0:41.1 | Two people survived. South Korea's transport ministry said on Monday that it plans to conduct |
| 0:47.0 | safety inspections of all 101 Boeing 737 800 jetliners operated by the country's's airlines as well as a broader review into safety standards |
| 0:57.2 | at Jazeera, which operates 39 of those planes. Many people worry how effectively the South Korean |
| 1:04.3 | government will handle the disaster as it grapples with a leadership vacuum following the recent |
| 1:09.8 | successive impeachments of the country's |
| 1:12.1 | top two officials. The Boeing 737-800 plane operated by South Korean Budget Airline Juju Air |
| 1:19.2 | aborted its first landing attempt for reasons that are not immediately clear. Then during its second |
| 1:25.5 | landing attempt, it received a bird strike warning from the |
| 1:29.0 | ground control center before its pilot issued a distress signal. The plane landed without its front |
| 1:34.8 | landing gear deployed, overshot the runway, slammed into a concrete fence, and burst into a fireball. |
| 1:42.0 | Ministry officials also said they will look into whether the Muon Airport's localizer, |
| 1:47.2 | which is a concrete fence housing, a set of antennas designed to guide aircraft safely during |
| 1:52.6 | landings, should have been made with lighter materials that would break more easily upon impact. |
| 1:59.7 | Snow Lake Resources doing business as Snow Lake Energy priced a public offering of 18.75 million |
| 2:06.8 | shares at a public offering price of 80 cents per share. |
| 2:10.7 | All of the shares in the offering are being offered by the company. |
| 2:14.2 | Total gross proceeds are expected to be approximately $15 million. The offering is |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.