Earlier in pre-market trading, Shares Had Plunged Over 8%, Reflecting Investor Concerns Over the safety of boeing aircraft.
A devastating Tragedy Struck on Chiursday (June 12), as Air India Flight AI171, A Boeing 787-8 Dreamline, Crashed Shortly after takeoff from Ahmedabad ‘ Airport, Killing 241 of the 242 people on board. The longon-bound flight was carrying 230 passengers and 12 crew members.
Ahmedabad Plane Crash Live Updates
The Crash Occurred in Meghaninagar Area Near The Airport. Witnesses described seeing a massive fireball and plumes of black smoke rising into the sky.
The aircraft reportedly issued a Mayday Call Moments after Departure from Runway 23 Before Vanishing from Radar. Among the Victims was 169 Indian Nationals, 53 British Nationals, Seven Portuguese Nationals, and One Canadian National.
Investor Jitters over Dreamlineer Safety
The Sell-off Came after Air India Flight AI171, Operating a Boeing 787-8 aircraft, Crashed Minutes After Takeoff en Raoute to London Gatwick, Killing 241 of the 241 of the 242 People on Board. The insurance, the first fatal accident involving the dream, has reigned concerns over the aircraft model’s safety and reliability – Issues that have planned boeing in recent years.
The Dreamliner, Once touted as a technological leap forward in aviation, have decided multiple production quality issues and deliver delays, prompting scrutiny from regulators and airlines.
First Fatal Crash for 787 Raises Red Flags
While Boeing Has Previous Dealt with Safety Scandals Related to Its 737 Max Model, Chiursday’s Accident Marks A Troubleing Turn for Its Widebody 787 Program. The crash is expected to lead to a fresh wave of investments and count result in regulatory or legal challenges.
Boeing Responds With Condolences, Vows Support
Boeing President and Ceo Kelly Ortberg Expressed His Condolences and Offred Full Support to Indian Investigators. The company confirmed that it is working with India’s aircraft accident Investigation Bureau (AAIB) and will defer public statements to the agency in accordance with international protocols.
“Our Deepest condolences go out to the loved ons of the passengers and crew on board air India flight 171, as well as everyone affected in ahmedabad,” Ortberg Said in a statement.
“I have spoken with air India Chairman n chandrasekaran to offer our full support,” He said.
He also said that a boeing team stands ready to support
“Boeing will defer to India’s aaib to provide information about Air India Flight 171, In Adherence with the United Nations International Civil Aviation Organization Protocol,” The US AIRCRAFT MAKER SAID in the statue.
Us government reacts: ntsb to join probe
The National Transportation Safety Board (NTSB) Announced it would send a team of investigators to India to assist in the crash problem. The Us Federal Aviation Administration (FAA) also confirmed its involvement along with and engine manufacturer ge aerospace.
Transportation Secretary Sean Duffy Stated: “The us government will not know hesitate to implement any safety recommendations that may arise.
He also confirmed the faa and ntsb would send additional resources to India to Collect Critical Data and ENSURE Public Safety.
A blow to air India’s expansion plans
The Crash Comes at a Crucial Time For Air India, which has aggressively expanded it fleet since its acce acquisition by the tata group in 2022. In 2022. Including 290 from Boeing. That deal featured 20 additional 787 Dreamliner jets.
This is the first fatal crash involving a boeing dream, a detail likely to put added pressure on boeing’s alredy Embattled Commercial Division.
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