Air India Plane Crash: Boeing has issued its first statement following the tragic Air India Flight 171 crash near Ahmedabad on June 12, 2025. The company said, “We are in close contact with Air India regarding Flight 171 and are ready to provide full support. Our thoughts are with the passengers, crew, first responders, and everyone affected by this disaster.”
In a tragic incident on June 12, Air India Flight AI171, a Boeing 787 Dreamliner carrying 242 passengers and crew, crashed into a residential area in Meghani Nagar, Ahmedabad, just five minutes after taking off at 1:38 PM, confirmed by the DGCA. The flight was en route from Ahmedabad to London Gatwick.
The Government of India has confirmed multiple fatalities but has not yet specified the exact number, stating, “Lost lot of people, rescue operations are on.”
Boeing Share Price Tanks After Air India Plane Crash
On June 12, Boeing’s shares plunged sharply in pre-market trading following the tragic crash of Air India Flight AI171, a Boeing 787 Dreamliner, near Ahmedabad airport.
The stock dropped over 7%, falling from the previous close of $214 to around $198, reflecting investor concerns about the safety and reliability of Boeing’s aircraft amid ongoing scrutiny.
This sudden decline interrupted Boeing’s recent positive momentum, as the company had gained more than 20% year-to-date prior to the crash.