Boeing, Air India flight crashed
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Boeing Co. is scaling back its presence at the 2025 Paris Air Show this week following the June 12 fatal crash of an Air India 787 Dreamliner wide-body jet
Boeing is forecasting strong growth in aviation despite recent crash, with demand for 43,600 new planes by 2044.
The weekend was filled with significant developments in the business world, from a plane crash to concerns over the ISS. Here's a recap of the top stories.
After years of bad press dogged Boeing’s 737 line, the 787 Dreamliner now faces its first major reputational hit following the fatal crash of Air India Flight 171 on Thursday. While the exact cause of the incident won’t be known for many months,
Air India said it has completed such safety checks on nine of its Boeing 787 aircraft and is in process to complete it for the remaining 24 planes.
A Juneyao Air 787-9 Dreamliner has departed for Shanghai, reopening a pipeline of 50 aircraft designated for China this year.
Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
"We still have confidence in the airplane; we have 34 787s in the KLM fleet," Ben Smith, CEO of the Franco-Dutch airline group, told the Paris Air Forum conference on Friday, noting that the tragic accident is under investigation.