Today, Boeing’s shares have dropped as much as 8% in premarket trading following the crash of a Boeing 787-8 Dreamliner that was en route to London’s Gatwick Airport. The Air India plane, which was carrying 242 people, crashed shortly after takeoff near Ahmedabad airport, resulting in the death of all on board.
According to India’s Directorate General of Civil Aviation, the flight gave a Mayday call to Air Traffic Control shortly after takeoff.
The crash is a significant setback for Boeing and its new CEO, Kelly Ortberg, who took on the role during the company’s turbulent protests in 2024. According to a Boeing report, this marks the first major crash involving a Boeing 787 Dreamliner since its introduction in 2011.
In a statement, the plane maker wrote, “We are aware of initial reports and are working to gather more information.”
In a post on X, Boeing stated: “We are in contact with Air India regarding Flight 171 and stand ready to support them. Our thoughts are with the passengers, crew, first responders and all affected.”
Air India has confirmed that nationals from India, the UK, Canada, and Portugal were on Air India flight 171.
By CEO NA Editorial Staff