Air India Ahmedabad plane crash: Boeing shares plunge; stock tanks 7% in pre-market trading as 787 Dreamliner crashes

Air India Ahmedabad plane crash: Boeing Company Ltd.'s stock plunged 7% during Thursday's pre-market session following Air India Boeing 787-8 Dreamliner aircraft crash shortly after take off from Ahmedabad on its scheduled flight to London.The Boeing 787 Dreamliner features a widebody design with twin engines. This incident marks the first-ever crash of a Boeing 787 since its inception, as per the Aviation Safety Network records.Since its launch in 2009, airlines worldwide have received over 1,000 deliveries of this aircraft model, according to information from flightradar24.Natarajan Chandrasekaran, who heads Air India, emphasised that their immediate priority is providing assistance to the affected individuals and their family members.Also Check | Ahmedabad plane crash live updatesHe announced via X platform that the airline established an emergency centre with a dedicated support team to assist families seeking details about their loved ones aboard the flight."Our thoughts and deepest condolences are with the families and loved ones of all those affected by this devastating event," he stated.The Directorate General of Civil Aviation reported that the Air India aircraft declared a mayday alert and experienced a crash shortly after becoming airborne.

The aviation regulatory body confirmed that the aircraft went down in an area beyond the airport boundaries."Flight AI171, operating Ahmedabad-London Gatwick, was involved in an incident today, 12 June 2025. At this moment, we are ascertaining the details and will share further updates at the earliest on http://airindia.com and on our X handle," Air India posted on X.Multiple casualties were transported to the city civil hospital for treatment.Dense black smoke was visible from considerable distances. Television crews managed to reach the incident site and broadcast footage of the scattered aircraft debris.