The stock trades at $198 after Air India 787 crash near Ahmedabad kills over 240.
It fell 8% initially but has since slightly recovered amid uncertainty.
Boeing’s stock continued to face downward pressure, trading
at $197.68 as of June 20, 2025. This follows the crash of an Air India Boeing
787-8 near Ahmedabad on June 12, 2025.
The accident resulted in over 240 deaths. The event has
increased scrutiny on Boeing’s aircraft safety. Indian authorities are leading
an investigation, with support from international agencies.
Source: Boeing, H1 Chart, TradingView
Crash Sparks Stock Drop, Partial Rebound
The stock initially dropped by 8% after the crash but has
since seen a slight recovery. Despite this, concerns about safety and
reputational damage continue to affect investor sentiment.
Boeing isn’t just a company — it’s a $149 billion (~₹12.4 lakh crore) backbone of the U.S. economy.
This tragedy comes shortly after the retirement of Boeing’s
747 model. The last passenger flight of a Boeing 747 was operated by Asiana
Airlines on March 25, 2024.
#Breaking Air India plane AI171 crashed into Medical College in Ahmedabad - photos from crash site
THE PLANE WAS UNABLE TO KNOCK DOWN DOUBLE STOREY BRICK HOUSE BUT IN NEW YORK (9/11) KNOCKED THE CONCREATE SKYSCREAPER WITH REINFORCED STEEL?
This marked the end of commercial passenger service
for the aircraft. Production of the 747 ended in early 2023. The final 747 was
delivered to cargo carrier Atlas Air. Some 747s remain in use, mainly for cargo
flights.
Boeing’s stock continued to face downward pressure, trading
at $197.68 as of June 20, 2025. This follows the crash of an Air India Boeing
787-8 near Ahmedabad on June 12, 2025.
The accident resulted in over 240 deaths. The event has
increased scrutiny on Boeing’s aircraft safety. Indian authorities are leading
an investigation, with support from international agencies.
Source: Boeing, H1 Chart, TradingView
Crash Sparks Stock Drop, Partial Rebound
The stock initially dropped by 8% after the crash but has
since seen a slight recovery. Despite this, concerns about safety and
reputational damage continue to affect investor sentiment.
Boeing isn’t just a company — it’s a $149 billion (~₹12.4 lakh crore) backbone of the U.S. economy.
This tragedy comes shortly after the retirement of Boeing’s
747 model. The last passenger flight of a Boeing 747 was operated by Asiana
Airlines on March 25, 2024.
#Breaking Air India plane AI171 crashed into Medical College in Ahmedabad - photos from crash site
THE PLANE WAS UNABLE TO KNOCK DOWN DOUBLE STOREY BRICK HOUSE BUT IN NEW YORK (9/11) KNOCKED THE CONCREATE SKYSCREAPER WITH REINFORCED STEEL?
This marked the end of commercial passenger service
for the aircraft. Production of the 747 ended in early 2023. The final 747 was
delivered to cargo carrier Atlas Air. Some 747s remain in use, mainly for cargo
flights.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Prediction Markets Are Emerging as a Gen Z Entry Point to Trading
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