A Boeing 787-8 Air India Dreamliner crashed shortly after taking off 242 people on board. Although the causes are unknown, the penalty market penalizes the American manufacturer, which already drags a critical history in security matters.
The actions of Boeing (BA.US) They suffer a new onslaught in the markets. In the operations prior to the opening of Wall Street this Thursday, the firm’s papers fall 6%quoting around US $201after knowing a new accident starring one of its planes.
The incident involved a Boeing 787-8 Dreamliner operated by Air Indiathat He crashed minutes after taking off From the city of Ahmedabad to London. On board they were traveling 242 peopleand although the causes of the accident were not yet clarified, the Indian authorities confirmed “Numerous deceased”as reported by the Federal Minister of Health. The aircraft fell into a civil area near the airport.
This model, the Dreamliner 787-8, I was not linked to the fatal accidents of 2018 and 2019which involved 737 Max. However, The recent security history in security matters continues to be a persistent shadow. It should be remembered that the company agreed last week to pay US $ 1,100 million To avoid judgments related to those two sinister who left a total balance of 346 fatal victims.
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Although the 787 They are considered one of the most advanced aircraft in service, with state -of -the -art technology and fuselage of composite materials, This would be the first time that the model suffers a fatal accidentwhich directly impacts market confidence.
Boeing reported in a statement that “he is aware of the initial reports” and that he is “gathering information” to collaborate with the investigation.
Drag in industry
The fear of investors is not limited to Boeing. The actions of Spirit Aerosystemskey fuselage provider and structural components, and GE Aerospacemanufacturer of the engines that equip the Dreamliner, they also retreated near the 4% each.
The news further complicates the context of the North American manufacturer, which tries Retrieve rhythm of production and trust in your quality processesunder the leadership of his new CEO, Kelly Orthberg. The company still maintains its shares a 50% below its historical maximumsalthough with a Capitalization greater than US $ 160,000 millionwhich shows the strategic support it represents for the United States in its global competence with Airbus.
Despite The causes of the accident could still be alien to the design or manufacture of the planethe reputational impact on Boeing it is immediate. Investors, with high risk sensitivity in the aeronautical sector, tend to quickly detach from positions to any incidentwithout waiting for technical confirmations. Boeing shares rise 25% so far this year.
Source: Ambito
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