Boeing 737 Crashes Shortly After Takeoff in Indonesia

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A Boeing (NYSE: BA) 737 operated by Indonesia’s Sriwijaya Air crashed on Saturday, presumably killing all 62 people on board. The tragedy is unconnected to the issues Boeing has had with its 737 MAX plane, but is likely to bring more bad publicity to a company that has had its share of bruises over the past two years.

The Sriwijaya Air Boeing 737-500 crashed into the Java Sea on Saturday minutes after taking off from Jakarta. The investigation into the crash is still ongoing, but local officials told reporters the plane appeared to fall suddenly from the sky and break apart upon impact with the water. The plane had taken off amid heavy rains typical of Indonesia’s monsoon season.

Image source: Getty Images.

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