Boeing, GE Aerospace: Air India Crash; Fair Value…
From Morningstar: 2025-06-13 04:27:00
Following the crash of Air India Flight 171, investigations will be conducted into the cause. Boeing shares dropped 6% and GE Aerospace stock fell 4% in premarket trading. The aircraft was a Boeing 787-8 with GEnx-1B67 engines, delivered in 2014 and involved in its first fatal incident.
Fatal aircraft failures are rare but tragic. Investigations may lead to improvements in safety practices for manufacturers, equipment, and maintenance. The redundant safety systems in air travel make it statistically the safest mode of transport. The cause of the crash of Air India Flight 171 is still unknown, but multiple factors reportedly went wrong.
There is no impact on the stock forecasts of Boeing or GE Aerospace due to this incident. The crashes of the 737 MAX are not relevant, and the previous 787 incidents did not involve thrust at takeoff. The author does not own shares in any securities mentioned in the article.
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