Boeing, GE shares fall; India orders safety checks on Air India's 787 fleet after crash

Boeing BA.N shares fall about 4% to $195.77, GE GE.N down over 2.5% at $233.99 in early trade

India's aviation regulator directs Air India to carry out safety inspections on Boeing 787-8/9 fleet after a crash in Ahmedabad killed more than 240 people

It also orders the airline to conduct additional maintenance actions on the aircraft with GE's GEnx engines, including "one-time check" of the take-off parameters before departure of every flight from midnight of June 15

GE Aerospace's engines were on the Boeing 787 that crashed on Thursday

Air India has more than 30 Dreamliners that include the Boeing 787-8 and 787-9 versions

As of Thursday's close, Boeing up ~15%, GE up ~44% YTD