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BOEING IS IN TROUBLE, STOCKS FALL | ticker

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The two black boxes of flight IJ182 have been located. Meanwhile, Boeing is in trouble after another of its aircraft crash.

A Boeing 737 passenger plane carrying 62 people crashed into the sea shortly after take-off from Indonesia’s capital Jakarta.

The Sriwijaya Air disappeared from radars four minutes into its journey to Pontianak in West Kalimantan province.

It is thought to have dropped more than 10,000ft in less than 30 seconds.

Witnesses heard at least one explosion.

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