- Air India Flight 171, on the way to London from Ahmedabad, India, crashed. After the start on Thursday to kill more than 200 people. The plane was a Boeing Dreamliner 787-8 jet. According to reports of the crash, the Boeing shares fell by about 5%and stopped for months of stock rally, which reflected the recovery of the aircraft manufacturer from years of air-safe testing.
According to A, the Boeing shares fell by more than 5% Fatal crash of a flight Air India On Thursday, which killed more than 200 people.
Air India Flight 171 was a Boeing Dreamliner 787-8 Jet, which left the Indian city of Ahmedabad on the way to London, said the airline. The passenger plane contained 242 people, including 230 passengers and 12 crew members. Nobody is expected to have it Survived the crashAccording to Ahmedabad City police chief GS Malik.
Officials have not said the cause of the crash that could take months or years to determine.
“I would like to express our deep grief about this event,” said Campbell Wilson, CEO of Air India, in one video Posted on social media. “This is a difficult day for all of us in Air India, and our efforts are now focusing exclusively on the needs of our passengers, crew members, their families and relatives.”
“We have contact with Air India in terms of flight 171 and are ready to support them.”
A Boeing spokesman told Assets in an explanation. “Our thoughts are with the passengers, the crew, the first aiders and all those affected.”
The catastrophe marks the end of the aircraft manufacturer’s share rally, which began as a company in April doubled his aircraft deliveries From the year before. In May the impulse continued to build up when Boeing secured more than 300 new orders And produced 38 new 737 maximum jets.
Boeing’s latest proportion of the share was a deviation of more than six years of fighting with production and security concerns. In 2018, Lion Air Flight 610, a Boeing 737 Max 8 ,, crashed In the Java sea After he had expired from Jakarta and killed 189 people. Ethiopian Airlines flight 302, the same Boeing Jet model, Crucified months later and 157 killed.
The Ministry of Justice last month reached a deal With the aircraft manufacturer so that he avoids criminal prosecution because they misleaded the US supervisory authorities from both fatal accidents. The Ministry of Justice will drop its fraud as long as Boeing pays a fine of 1.1 billion US dollars and $ 445 million for the families of the crash victims.
The Dreamliner 787 aircraft had never experienced a fatal crash until Thursday, but was under control for years. The Federal Aviation Administration Stop production of the aircraft in 2021, just 10 years after the introduction of the model after finding a manufacturing error. Although the production has been resumed next year, Boeing Whistleblowers have Considered concerns About the Dreamliner. The long -time Boeing engineer Sam Salehpour submitted a complaint to the FAA and handed it over said the congress In April 2024 that the skin on the Dreamliner jets was not adequately attached and they were at risk to break apart.
Boeing did not react AssetsThe investigation of the security of Dreamliner 787, but last year Refused Salehpours allegations And defended his security and quality tests.
“I don’t do that because I want Boeing to fail” told reporters“But because I want it to be successful and prevent the crashes.”
This story was originally on Fortune.com
