LONDON (Reuters) -Boeing shares listed in Frankfurt fell as much as 8% on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing 737 MAX 9 jets fitted with a panel that blew off a jet in midair on Friday.
By 0812 GMT, Boeing’s Frankfurt listing was down 6.8% at 209.95 euros per share.
Shares in European rival manufacturer Airbus were up just over 1% in early Paris trading.
Boeing competes with Airbus, which has extended gains in market share, since two Boeing MAX crashes in 2018 and 2019 that killed nearly 350 people and led to the MAX’s worldwide grounding for 20 months.
(Reporting by Samuel Indyk; Editing by Amanda Cooper)
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