Boeing stock climbs after India crash linked to fuel switch malfunction

Boeing (NYSE: BA) shares rose 1.38% to $229.79 after investigators revealed that the cause of a recent Air India Express crash was due to a fuel switch malfunction—not an aircraft design flaw.

The crash, which had raised initial concerns about potential safety issues with Boeing planes, was determined to be unrelated to the aircraft’s structure or systems. The clarification eased market fears of broader regulatory or legal fallout for the aerospace giant.

This update helps Boeing avoid a repeat of past crises tied to aircraft design, such as the 737 MAX incidents.