Boeing Stock Dives as India Considers Grounding 787 Fleet After Crash

Boeing shares extended losses Friday as India''s government weighs grounding its 787-8 Dreamliner fleet following a fatal Air India crash that killed 240 people. The incident marks another reputational blow for both the aircraft manufacturer and Air India, which faces renewed scrutiny over maintenance protocols despite its clean safety record.

Investigators are examining potential engine thrust failure as a contributing factor, with recovered black box data expected to provide critical insights. Neither bird strikes nor overloading appear to be causes, according to preliminary reports.

The tragedy''s Ripple effects are immediate: Boeing''s CEO canceled his Paris Airshow appearance, while engine manufacturer GE Aerospace postponed an Investor Day. Market reactions underscore the aviation sector''s vulnerability to safety crises.