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Home»Economy & Business»Boeing shares sank after Air India crashes Thursday
Economy & Business

Boeing shares sank after Air India crashes Thursday

AdminBy AdminJune 12, 2025No Comments2 Mins Read
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Boeing shares sank after Air India crashes Thursday
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Third Bridge world head of analysts Peter McNally discusses how the Boeing manufacturing facility employees strike is impacting enterprise on ‘The Large Cash Present.’

Boeing shares fell 5% throughout premarket buying and selling on Thursday after considered one of its plane operated by Air India crashed shortly after takeoff.

The Air India 787-8 Dreamliner plane was carrying greater than 200 individuals when it crashed in a civilian space close to the Ahmedabad airport. The service was headed to Gatwick Airport within the U.Okay.

Officers haven’t introduced an official loss of life toll, though India’s federal well being minister mentioned “many individuals” had been killed. Ahmedabad’s metropolis police commissioner, G.S. Malik, informed The Related Press that it “seems there are not any survivors.” 

Boeing mentioned in an announcement that it is in touch with Air India concerning Flight 171 and “stand able to assist them.” 

Air India Chairman Natarajan Chandrasekaran confirmed the crash in a submit on X saying, “our ideas and deepest condolences are with the households and family members of all these affected by this devastating occasion.”

Indian Prime Minister Narendra Modi mentioned the crash is “heartbreaking past phrases.”

“On this unhappy hour, my ideas are with everybody affected by it,” Modi wrote in a submit on X. “Have been in contact with Ministers and authorities who’re working to help these affected.”

Reuters contributed to this report

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