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Boeing CEO cancels air show appearance visit after India crash
- An Air India Boeing 787 Dreamliner crashed shortly after taking off from Ahmedabad, India, on Thursday, killing nearly all 242 people on board.
- The cause of the crash remains unclear as India's Aircraft Accident Investigation Bureau is leading an ongoing probe with officials from the US and UK.
- Boeing CEO Kelly Ortberg and Stephanie Pope, who leads the company’s commercial aircraft division, both withdrew from attending the Paris Air Show beginning June 16 to prioritize the ongoing investigation and customer support.
- On Friday, Boeing shares dropped 3.8 percent and GE Aerospace shares decreased by 2.4 percent, while Ortberg explained that they canceled their Paris Air Show attendance in order to support their staff and concentrate on assisting customers and investigating the incident.
- The crash has cast a somber mood over the Paris Air Show and could lead to increased scrutiny on manufacturing, but analysts do not expect long-term production impacts for Boeing.
19 Articles
19 Articles
The spokesman-Review
The Seattle TimesBoeing execs won’t attend air show in wake of deadly Air India crash
Boeing CEO Kelly Ortberg and head of commercial airplanes Stephanie Pope will not attend the Paris Air Show, an industry trade event that kicks off in France Monday.
Boeing Faces Fresh Turmoil As India Mulls 787-8 Grounding, Safety Review After Fatal Crash, CEO Kelly Cancels Paris Trip: Report - GE Aerospace (NYSE:GE), Boeing (NYSE:BA)
Boeing is facing mounting pressure as India's aviation ministry considers temporarily grounding the country's Boeing 787-8 fleet.
Boeing CEO cancels air show appearance visit after India crash
Boeing BA.N and GE Aerospace are scaling back their public activities following the fatal crash of an Air India jetliner, with the planemaker's CEO canceling his trip to the Paris Airshow next week and GE postponing an investor day.
Boeing's boss cancels his arrival at the Salon du Bourget after the murderous crash in India this Thursday. Kelly Ortberg prefers to stay in the United States to support his teams and follow the investigation into the accident, which resulted in at least 265 deaths in Ahmedabad.
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