Boeing shares fall to near two-week low after plane crash in India
12/06/2025 15:28
Updates ** 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 (Reporting by Rashika Singh and Twesha Dikshit in Bengaluru) ((Rashika.Singh@thomsonreuters.com;))