Boeing-GE Shares Drop Amid India Crash Safety Orders

  Published 11 months ago

Boeing and GE shares fall as India's aviation regulator orders Air India to inspect Boeing 787s and GE engines post-crash; YTD gains reversed.

  • India crash kills 240; regulator mandates Boeing 787, 8/9 fleet safety inspections and GE engine checks.
  • GE GEnx engines on crashed Boeing 787 prompt one-time take-off parameter checks for Air India flights.
  • Air India operates 30+ Boeing 787s; crash impacts Boeing and GE shares despite ~15% and ~44% YTD gains.

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