Boeing Faces Lawsuit Over Air India Crash as Stock Edges Higher
Boeing shares inched upward in Thursday trading despite fresh legal troubles stemming from the Air India Flight 171 disaster. Four families of victims filed a product liability lawsuit in Delaware Superior Court, alleging a defective Honeywell-manufactured fuel cutoff switch caused the fatal June crash.
The complaint contends Boeing improperly installed the critical safety component adjacent to high-traffic throttle controls, creating foreseeable risk of accidental activation. Flight data reportedly shows pilots inadvertently disabled the locking mechanism, leading to total engine failure on the 787-8 Dreamliner.
While the aerospace giant's stock demonstrated resilience, the case highlights ongoing quality control challenges. Honeywell shares remained flat as markets processed the dual allegations against both manufacturers.