Boeing shares plunge 6.4% after Air India 787-8 Dreamliner crashes in Ahmedabad
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New Delhi: Boeing’s stock slid sharply in pre-market trading on Thursday, falling 6.42% to $196.51 after an Air India Boeing 787-8 aircraft crashed shortly after taking off from Ahmedabad. For context, the share had closed down 0.80% at $214 on Wednesday.
The plane was carrying 242 people: 10 crew members, 3 infants, and 229 passengers.
“There is no confirmed cause of the crash at this stage. A detailed inquiry has been initiated,” a Directorate General of Civil Aviation (DGCA) spokesperson said, adding that all relevant agencies are being involved in the probe.
Boeing aircraft have been involved in multiple crashes over the years. The most recent was a Jeju Air flight in South Korea, which crashed in late December 2024 during a landing attempt, resulting in the loss of 179 lives. That aircraft was a Boeing 737-800.
