Boeing Crashes in Ethiopia. Bad news for Airline industries?

Most likely Boeing stock will be badly affected

It is hard to view Airline crashes as short term noise- as such incidences are few and far between and create sizable number of fatalities to generate international headlines.

It can be argued going forward- the emergence of additional safety checks will add further costs to Boeing Aircraft production, spiralling costs down to Airlines. Furthermore, Airlines themselves will probably enforce stricter rounds of checks before flight takeoffs. The news might also frighten in SR people in that particular carrier and maybe other budget tier carriers, affecting sales of tickets in coming quarters. All these are things that will be priced in.