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Boeing shares fall to near two-week low after plane crash in India

ReutersJun 12, 2025 2:28 PM

Shares of planemaker Boeing BA.N fall 4.3% to $204.67 - a two-week low - after Air India 787-8 Dreamliner jet crash

More than 200 people were killed, authorities said, in the world's worst aviation disaster in a decade

The aircraft took off from Ahemdabad in India and was headed to London's Gatwick Airport

Boeing is working to gather information after the crash, a company spokesperson said

*Spirit AeroSystems SPR.N, a key supplier to BA was down 2.7%, while GE Aerospace GE.N, which makes engines for the jet, down 2.5%

It can often take months to fully understand the causes of a crash, and the implication for Boeing and its suppliers. However, the crash will likely impact sentiment on the stock in the near term, RBC analysts said in a note

Stock up about 16% YTD

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