Shares of Boeing experienced a significant decline in pre-market trading on Thursday, plummeting over 6% following a crash involving an Air India Boeing 787-8 Dreamliner in Ahmedabad. By 3:31 p.m. IST, Boeing’s stock had dropped 6.42%, trading at $196.51, a considerable fall from the previous day’s close of $214, which was already down 0.80%.
The aircraft, produced by Boeing and operated by Air India, was on a flight from Ahmedabad to London when it crashed shortly after takeoff. The incident occurred near the Meghani Nagar area of Ahmedabad, with the flight carrying a total of 242 individuals— including 10 crew members and three infants. Boeing is a US-based multinational corporation that is involved in the design, manufacture, and sale of airplanes, helicopters, rockets, satellites, and missiles worldwide.
This incident marks a challenging moment for Boeing, as the company continues to manage public perception following various operational and regulatory scrutiny over its aircraft in recent years. The market’s reaction to the crash underscores the sensitivities surrounding aviation safety and how quickly news of such events can impact stock performance.
Original Source: https://theshillongtimes.com/2025/06/12/boeing-shares-plunge-over-6-pc-in-pre-market-trade-after-ahmedabad-plane-crash/
Category: Business,INTERNATIONAL,News Alert
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Publish Date: 2025-06-12 16:46:00
