Boeing Shares Plummet 5.0% After Air India 787 Crash Raises Safety Concerns

 Boeing (BA) shares dropped 5.0% to $203.368 USD on June 12, 2025, as shown in the finance card above, following a catastrophic crash of an Air India Boeing 787 Dreamliner near Ahmedabad, India, on June 11, killing 242 passengers.

The incident, reported by Reuters, intensified scrutiny on Boeing’s safety record, already battered by 737 MAX crises in 2018-2019 and a 2024 Alaska Airlines door-plug blowout. The decline, from a previous close of $214.00, reflects investor fears of regulatory probes and lawsuits, with Boeing’s market cap at $159.83 billion.

The crash, India’s deadliest since 1996, occurred during a London-bound flight, with preliminary reports citing engine failure, per India’s DGCA. Boeing, in a Seattle statement, pledged cooperation with investigators, but social media posts speculated on manufacturing flaws, echoing 2024’s whistleblower claims. CEO Kelly Ortberg, appointed in August 2024, faces pressure to restore trust, with the FAA and EASA reviewing 787 certifications. Analysts like Goldman Sachs’ Noah Poponak downgraded Boeing, citing $5 billion in potential liabilities, though JPMorgan noted resilience in defense contracts.

Nigeria’s aviation sector, reliant on Boeing’s 737s for Arik Air and Air Peace, felt ripples, with NCAA’s Captain Chris Najomo ordering fleet inspections. The stock, down from a 2025 high of $218.80, faces volatility, per the finance card, as Boeing navigates production delays and a $60 billion debt. The crash, amplifying calls for stricter oversight, challenges Boeing’s recovery, with Nigeria’s airlines monitoring developments.