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Boeing trading lower after crash in India involving a 787-8 Dreamliner

An Air India flight bound for London Gatwick has crashed less than 10 minutes after taking off from Ahmedabad Airport. Footage on social media appears to show a plane losing altitude shortly after takeoff. Per a statement from the Directorate General of Civil Aviation, the aircraft issued a “mayday” call before crashing.

In a statement on X, Natarajan Chandrasekaran, chairman of Air India, said:

“With profound sorrow I confirm that Air India Flight 171 operating Ahmedabad London Gatwick was involved in a tragic accident today. Our thoughts and deepest condolences are with the families and loved ones of all those affected by this devastating event.”

According to the BBC, the plane — a Boeing 787-8 Dreamliner — was carrying more than 240 people onboard when it took off at 1:38 p.m. local time. Though the cause of the tragic incident is as yet unknown, Boeing shares sank as much as 7.8% in premarket trading on Thursday. According to the Aviation Safety Network, this is the first ever crash of a Boeing 787.

In a statement on X, Natarajan Chandrasekaran, chairman of Air India, said:

“With profound sorrow I confirm that Air India Flight 171 operating Ahmedabad London Gatwick was involved in a tragic accident today. Our thoughts and deepest condolences are with the families and loved ones of all those affected by this devastating event.”

According to the BBC, the plane — a Boeing 787-8 Dreamliner — was carrying more than 240 people onboard when it took off at 1:38 p.m. local time. Though the cause of the tragic incident is as yet unknown, Boeing shares sank as much as 7.8% in premarket trading on Thursday. According to the Aviation Safety Network, this is the first ever crash of a Boeing 787.

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