Boeing, Air India and 787
Digest more
1don MSN
Key Takeaways Boeing shares will likely remain in focus after slumping to end last week following news that one of the company's aircraft was involved in an Air India plane crash.The stock staged a news-driven breakdown from a rising wedge pattern in Thursday's trading session,
The fatal crash tarnishes the Dreamliner jet’s safety record and muddies CEO Kelly Orthberg efforts to ramp up production as the airplane maker scored a flurry of new orders and hit
The incident follows the Air India crash in Ahmedabad when a Boeing 787-8 Dreamliner crashed minutes after taking off, killing 241 people onboard.
The Tata Group, which bought the airline three years ago, has been trying to improve operations at a time of great change in India’s aviation market.
Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
Explore more
Tata Group shares declined up to 2% in intraday trade on Friday amid weak trend in the Indian stock market and after a lethal Air India plane crash.
Following the Air India Flight 171 crash in Gujarat, Singapore Airlines' shares declined due to its stake in the airline. The Boeing 787-8 Dreamliner crashed shortly after takeoff, resulting in numerous fatalities and injuries.
Stock prices for Spirit AeroSystems in Wichita dipped slightly after a Boeing 787 Dreamliner plane operated by Air India crashed moments after takeoff, killing more than 260 people. Boeing CEO: Spirit AeroSystems shows progress in safety efforts Report: Boeing seeks to withdraw guilty plea agreement Report: Boeing seeks to withdraw guilty plea agreement Spirit AeroSystems reaches deal with Airbus Spirit AeroSystems reaches deal with Airbus © 2025 American City Business Journals.