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Boeing shares fall 8% after Air India Dreamliner jet crashes
- A Boeing 787-8 Dreamliner operated by Air India crashed shortly after takeoff on Thursday in Ahmedabad, killing all 242 onboard.
- The crash occurred minutes after takeoff from Ahmedabad en route to London, and its cause remains unclear pending investigation by Indian authorities.
- The flight carried 169 Indians, 53 Britons, and others; debris struck a residential area, marking the first fatal crash for the 14-year-old 787 aircraft model.
- Boeing acknowledged awareness of initial reports and stated it is gathering information, while shares fell up to 8% amid renewed safety concerns.
- This crash marks a setback for Boeing’s efforts to restore trust after past incidents, with investigators awaiting black box data to clarify potential aircraft faults.
274 Articles
274 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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