Icelandair shares drop in wake of Boeing crash
Icelandair shares dropped sharply at the Iceland stock exchange yesterday. The drop in shares can partly be traced to the fact that Icelandair uses three Boeing 737 MAX 8 jets. Two such planes in the ownership of other airlines crashed recently.
Icelandair's CEO says that he trusts the airplanes. More such planes will be joining Icelandair's fleet later this year.
Shares dropped by almost 10 percent yesterday.