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.

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.

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Boeing Ends 747 Production, Cargo Continues

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.

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.

This article was written by Tareq Sikder at www.financemagnates.com.TrendingRead More

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