Shares of Boeing experienced a notable decline of nearly 8% in premarket trading following a tragic aircraft crash in India. The Boeing 787-8 Dreamliner, carrying 242 passengers, crashed shortly after taking off from Ahmedabad. India's health minister indicated multiple fatalities, while investigators were yet to determine the cause of the incident. Boeing, which has been working to regain trust in its aircraft's safety, acknowledged the reports and began to assess the situation. The decline in stock reflects renewed anxiety regarding safety issues that have afflicted Boeing in recent years.
Shares of Boeing fell nearly 8% in early trading following an Air India crash, highlighting ongoing safety concerns about the company's aircraft amidst rebuilding efforts.
Boeing stated it was aware of the initial reports and is working to gather more information on the crash involving its 787 Dreamliner, which has a solid safety record.
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