Boeing faces headwinds from crashes and competition
Indian Chronicle
|July 10, 2025
Earlier this month, a London-bound Air India plane crashed soon after take off in Anmedabad, killing all but one of the 242 people aboard.
This was one of the deadliest disasters involving a passenger aircraft in India in the last two decades. While this was the first Boeing 787 Dreamliner to crash, data shows that this is the latest in a litany of problems that Boeing faces.Only weeks before the crash in Ahmedabad, Boeing had agreed to pay $1.1 billion in a deal with the U.S. Department of Justice to avoid prosecution over two crashes — one in 2018 and the other in 2019 — involving 737 Max airliners. In total, 346 people died in these incidents. Lawyers of the victims of these crashes criticised the payout deal as “morally repugnant’”.Boeing’s stock prices plummeted after the crash in Ahmedabad, but have recovered since. Data show that Boeing’s stock prices had fallen ‘steeply after other crashes as well. The change in Boeing's closing stock prices every day between 2016 and 2025. Boeing’s stock prices have fallen steeply after crashes / incidents.
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