Boeing Shares Tumble Up to 8% Following Deadly Air India Crash

Boeing’s stock suffered a sharp decline of up to 8% in the aftermath of a fatal crash involving an Air India Boeing 787 Dreamliner, marking the aircraft model’s first fatal accident since its commercial debut in 2011. The crash, which occurred shortly after takeoff from Ahmedabad and resulted in over 200 fatalities, triggered a swift market reaction amid renewed safety concerns. Investors responded with caution, fearing potential regulatory fallout, reputational damage, and possible fleet groundings or operational reviews. Shares fell as low as $196 in premarket trading before settling around $198 by market close, erasing much of Boeing’s recent gains. Analysts noted that the incident comes at a precarious time for Boeing, which is still navigating production challenges, quality control scrutiny, and lingering distrust from the earlier 737 MAX crises. As investigations into the cause of the crash continue, market volatility around Boeing is expected to persist, with investors closely monitoring any findings that could impact the 787 program or broader company outlook.

ECONOMICS