Boeing adds to its dark history as the 787 aircraft experiences its first accident, causing stock prices to plummet

Wallstreetcn
2025.06.12 09:41
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Boeing 787-8 aircraft crashed at Ahmedabad Airport in India, resulting in 246 fatalities, marking the first accident of this model. The incident triggered a more than 8% plunge in Boeing's stock price. Boeing has recently faced a series of accidents, including last year's crash in South Korea and an emergency landing of a Dutch flight, bringing it back into the public spotlight. Market risk warning, investment should be cautious

According to CCTV News, Indian media reported that a passenger plane crashed at Ahmedabad Airport in Gujarat on the 12th, with thick smoke rising above the airport. The Global Times reported that, according to the latest news from India’s NDTV, the Indian Civil Aviation Authority confirmed that 246 people on board were killed.

NDTV reported that the plane crashed at 1:17 PM local time, originally scheduled to take off from Ahmedabad Airport to the UK. This was a Boeing 787-8 aircraft with an age of 11.5 years, marking the first accident involving the Boeing 787 model. Currently, all roads leading to the residential area have been closed.

This crash has once again made Boeing synonymous with "accidents." Following the announcement, Boeing's stock quickly fell in pre-market trading, plunging more than 8% at one point.

Boeing Frequently "Explodes"

From last year's worst air disaster in South Korea to the emergency landing of a Dutch flight, Boeing, which holds a 15% share of the global active passenger aircraft market, is once again being pushed to the center of public scrutiny.

On December 29, a shocking air disaster occurred at Wuan Airport in South Jeolla Province, South Korea. A Boeing 737-800 aircraft deviated from the runway and exploded during landing, with only 2 crew members surviving out of 181 people on board; the remaining 179 were all killed. According to Xinhua News Agency, initial speculation suggests that the aircraft collided with a flock of birds, preventing the landing gear from being deployed.

On the same day, another Boeing 737-800 from KLM Royal Dutch Airlines made an emergency landing in Norway due to hydraulic system failure. The flight was originally scheduled to fly from Oslo to Amsterdam but was diverted to Sandefjord Airport. Although it landed successfully, the aircraft ran off the runway and stopped on the grass, nearly entering another runway. The airline stated in an official announcement that a loud noise was heard during the takeoff process.

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