Boeing’s share price tumbled over 7% in pre-market trade on June 12, 2025, following reports of an Air India aircraft crash in Ahmedabad, Gujarat. The aircraft manufacturer is currently investigating the incident.
Shares of Boeing — a leading American aerospace company specializing in commercial aircraft, defense systems, and space technology — plunged more than 7% in pre-market trading after a tragic Air India aircraft crash in Ahmedabad, Gujarat, India.
The aircraft, operated by Air India, the national airline of India owned by the Tata Group, reportedly suffered a critical malfunction shortly before attempting to land at Sardar Vallabhbhai Patel International Airport on the morning of June 12. Emergency response teams were deployed immediately, and an investigation is underway.
In a brief statement to Mint, Boeing acknowledged the situation: “We are aware of initial reports and are working to gather more information.” The model and age of the aircraft involved have not yet been officially disclosed.
The crash has raised fresh concerns over Boeing’s aircraft safety record, which has been under global scrutiny in recent years. Market analysts noted that the 7% drop in Boeing’s share price during pre-open trade reflected investor anxiety over the potential implications for the company once U.S. markets formally opened.
Indian aviation regulators, including the Directorate General of Civil Aviation (DGCA), are conducting a detailed investigation into the cause of the incident.
As of now, further details regarding casualties or damage remain awaited.
This incident may have long-term repercussions for both Boeing’s operational oversight and Air India’s fleet management, depending on the outcomes of the investigation.