Last Updated:June 12, 2025, 16:15 IST
As of 3:26 pm, Boeing’s shares were trading lower by 7.72% at $197.58, after a London-bound Air India flight, a Boeing 787-8 Dreamliner aircraft, crashed in Ahmedabad.
Ahmedabad Plane Crash: This is the first time a Boeing 787-8 Dreamliner aircraft is involved in a crash.
Ahmedabad Plane Crash: Shares of Boeing declined by over 7% during the pre-market session on Thursday, June 12, after a London-bound Air India flight, a Boeing 787-8 Dreamliner aircraft, crashed in Ahmedabad. As of 3:26 pm, Boeing’s shares were trading lower by 7.72% at $197.58.
This is the third straight session of a fall in Boeing’s shares. On Wednesday, Boeing stock fell 0.8 per cent to close at $214 apiece. However, the stock has been in an uptrend for the past three months and has gained 24% during the period.
The Boeing aircraft carrying 242 passengers and crew to London crashed moments after taking off from the Ahmedabad airport on Thursday afternoon. Several casualties were feared.
This is the first time a Boeing 787-8 Dreamliner aircraft is involved in a crash. However, as per reports, the Boeing 787 aircraft has a history of technical issues.
Also Read: Who Pays In Case Of A Plane Crash? All About Travel Insurance After Ahmedabad Tragedy
“Flight AI171, operating Ahmedabad-London Gatwick, was involved in an incident today, 12 June 2025. At this moment, we are ascertaining the details and will share further updates at the earliest on http://airindia.com and on our X handle,” Air India posted on X.
Several of the injured were taken to the city civil hospital.
Thick black smoke could be seen billowing for miles around. Some camera crews accessed the crash area and showed visuals of the wreckage.
Emergency responders reached the site promptly and have launched intensive rescue, evacuation, and firefighting operations. “We are acquiring details about the casualties,” said Deputy Commissioner of Police, Kanan Desai.
Fire tenders were rushed to the spot to douse the blaze, said fire officer Jayesh Khadia.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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