Boeing’s shares sank after the Chat Airback on Thursday

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Boeing shares fell 5 % during the pre -market trade on Thursday, after one of its aircraft run by Air India crashed shortly after taking off.

The Air India 787-8 Dreamliner was carrying more than 200 people when it crashed in a civilian area near Ahmedabad Airport. The carrier went to Gatwick Airport in the United Kingdom

The officials have not announced official death, although the Federal Health Minister of India said that “many people” were killed. “It seems that there are no survivors.”

Boeing said in a statement that he is in contact with Air India regarding the 171st trip and “stand ready to support them.”

“Our thoughts and deepest condolences with families and loved ones from all those affected by this devastating event.”.

Indian Prime Minister Narendra Modi said the accident was “heartbreak beyond the words.”

“In this sad watch, my thoughts with everyone affected by it,” Modi wrote in a post on X. “He was in contact with the ministers and authorities working to help the affected.”

Reuters contributed to this report



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