Boeing shares fall 8% after Air India Dreamliner jet crashes
- An Air India Boeing 787-8 Dreamliner carrying 242 people crashed shortly after takeoff on Thursday in Ahmedabad, India, killing all onboard.
- The crash marks the first fatal accident involving a 787 Dreamliner and occurred amid ongoing scrutiny of Boeing's safety and production practices.
- The aircraft came down in a neighborhood close to the airport, and India's Directorate General of Civil Aviation has initiated an investigation into the incident.
- Boeing expressed support for Air India and victims, while its shares fell by up to 8 percent at Wall Street open amid renewed concerns over aircraft safety.
- The crash challenges Boeing's efforts to rebuild trust and raises questions pending black box data on whether the plane or pilot error caused the disaster.
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271 Articles
After the Air India crash, attention turns to the passenger jet's manufacturer, Boeing
It was the first fatal crash since the plane, also known as the Dreamliner, went into service in 2009, according to the Aviation Safety Network database. Boeing shares fell more than 4% in afternoon trading.
In 2024 there were seven fatal accidents and 244 victims, according to the IATA Safety Report. But the risk per passenger remains low, and the industry continues to improve in the long term...
The crash of a Boeing 787 passenger plane in India minutes after it took off on Thursday is re-focusing on a besieged manufacturer, although it is not clear at the moment why the aircraft crashed.Air India's 787 aircraft crashed in the northwestern city of Ahmedabad with more than 240 people on board shortly after takeoff, authorities said. It was the first fatal accident since the plane, also known as the Dreamliner, went into service in 2009, …
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