Boeing’s share price tanks over 4% after Air India flight crash in Ahmedabad | Business News

US aircraft maker Boeing’s share price was down over 4.32 per cent on Thursday to $204.77 apiece at 7:17 pm IST, hours after an Air India operated 787 Dreamliner flying the Ahmedabad to London Gatwick Airport flight crashed within minutes of take off in Ahmedabad, Gujarat. Boeing’s share price was down nearly 8 per cent in pre-market activity on Thursday.

The latest crash compounds the US-based jetmaker’s woes as it battles scrutiny into its work practices on account of multiple plane crashes as well as whistleblower complaints in the recent past. To be sure, this is reportedly the first ever Dreamliner crash reported across the world.

The flight carrying 230 passengers and 12 crew members crashed minutes after take off at 1:30 pm.

Source link