Boeing shares drop 8% as crash revives safety concerns

Reuters

New Delhi, Updated At : 02:30 AM Jun 13, 2025 IST

File

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

The crash of an Air India 787-8 Dreamliner jet minutes after taking off on Thursday poses a major setback for Boeing, whose new CEO has been trying to rebuild trust following a series of safety and production challenges.

The disaster, in which most of the 242 people on board were killed, tarnishes the jet’s safety record heading into the Paris airshow next week and muddies the efforts of CEO Kelly Ortberg to boost production after the planemaker hit the targets in May.

Shares were down about 4.8% and were trading at $203.55 after falling as much as 8% before the opening bell. Boeing said it was aware of the initial reports and was working to gather more information.

It was not clear what caused the crash.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles