Boeing’s shares have taken a major hit, plummeting by nearly 8% in pre-market trading on Thursday.
The decline comes after an Air India Boeing 787-8 Dreamliner crashed in Ahmedabad today afternoon.
The aircraft was carrying 242 passengers and was headed to London’s Gatwick Airport when it crashed into a civilian area close to the airport.
Interglobe and SpiceJet’s shares also tank
In the wake of the incident, Boeing said it was aware of the initial reports and was working to gather more information.
The crash has not only impacted Boeing’s shares but also affected other airlines.
Shares of domestic carriers Interglobe Aviation (Indigo) and SpiceJet fell by up to 3.4% on Thursday amid a negative market sentiment following this tragic incident.