Boeing Shares Plunge Over 8% After Air India Crash Involving 787 Dreamliner
New Delhi | New York | June 12, 2025:
Shares of aerospace giant Boeing dropped sharply in pre-market trading on Thursday after an Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, killing or injuring many. The aircraft was headed to London’s Gatwick Airport.
Also Read: Miraculous! Passenger on Seat 11A Survives Air India Crash, Says, “Bodies All Around Me”
In pre-open US trading, Boeing’s stock nosedived by 8.05%, falling to $196.78, marking its third consecutive session of decline. Shares had closed at $214 the previous day. In Frankfurt, German-listed Boeing shares slipped 8.5%, trading at €169.94.
The crash involved Air India Flight AI171, which took off at 1:38 PM IST from Ahmedabad’s Sardar Vallabhbhai Patel International Airport, carrying 244 individuals, including passengers and crew. Minutes later, the aircraft issued a Mayday call and then disappeared from radar, crashing in a residential zone near Meghnaninagar.
Also Read: What Was the Chilling ‘Mayday’ Call Before Air India’s Deadly Crash?
A Boeing spokesperson acknowledged the development, saying:
“We are aware of initial reports and are working to gather more information.”
The Boeing 787 Dreamliner, introduced globally in the early 2010s, has a strong safety record, with no fatal commercial crashes prior to this. The fleet was briefly grounded years ago over battery issues, but no injuries had resulted from those events.
Also Read: What Went Wrong? Minute-by-Minute Breakdown of Air India Crash Horror
While the investigation is ongoing, the stock market has reacted swiftly, indicating investor nervousness over potential implications for Boeing’s reputation, liabilities, or fleet operations globally.
This marks a major incident for Boeing’s 787 series, one of its most technologically advanced aircraft, and comes amid Boeing’s attempt to recover from previous production issues and delivery delays.
Civil Aviation Minister Ram Mohan Naidu Kinjarapu, speaking from Ahmedabad, said:
“We are on the highest alert… Rescue teams have been mobilised… My thoughts and prayers are with all those on board and their families.”
The Directorate General of Civil Aviation (DGCA) confirmed the plane stopped responding after issuing the Mayday signal.
Boeing share crash, Air India flight AI171, Ahmedabad plane crash, Boeing 787 Dreamliner, Boeing stock price, aviation safety, Boeing market reaction, Boeing Air India crash, VT-ANB aircraft, Tata Air India
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