🚨 BREAKING: India Air Disaster Shocks Markets – June 12, 2025 🇮🇳✈️🔥
💥 Catastrophic Crash — 787 Dreamliner Goes Down
An Air India Boeing 787‑8 (Flight AI171) crashed shortly after takeoff from Ahmedabad on Jun 12, killing over 240 passengers & crew — and tragically dozens more on the ground at a medical college hostel. Only one miracle survivor has been found. This is the very first fatal crash of a 787 and India's worst aviation disaster in a decade
📉 Boeing Stock Dive — Confidence Implodes
Wall Street reacted harshly — Boeing shares plunged 7–8 % in pre‑market trading, settling –5.1 % after open. This wipeout erases months of recovery, raising tough questions ahead of next week’s Paris Air Show
🌍 Global Aviation Stocks Stumble
Beyond Boeing, allied aerospace players took hits: GE Aerospace, Spirit AeroSystems, Rolls‑Royce — all slid 1–3 %. In India, airline stocks tumbled too: IndiGo down ~3.3 %, SpiceJet ~2.6 % amid anxiety over sector safety barrons.com.
🛡️ Tata & Air India – Damage Control
Tata Group (parent of Air India) promised ₹1 crore (~US$118K) per deceased, handled hostel rebuilding and emergency aid efforts. Analysts say insurance and government backing should contain financial fallout — unlikely to dent broader Tata holdings
🔍 What’s Next? Investigation + Market Watch
Indian AAIB is probing; cause still unknown.
Boeing CEO Ortberg faces pressure to restore faith — especially ahead of Paris Air Show
Investors brace for volatility amid fresh safety fears echoing 737 MAX crises.
🧠 Hot take:
This tragic crash has unleashed a chain‑reaction — turning a humanitarian disaster into a financial shockwave. Boeing’s credibility, global aviation trust, and India’s air transport confidence are now at a critical inflection point.