
The Latest: Air India plane bound for London crashes with 242 passengers onboard
Air India says a London-bound flight crashed shortly after taking off from Ahmedabad airport Thursday with 242 passengers and crew onboard.
The airline said flight AI 171, a Boeing 787-8, crashed into a residential area near the airport in Ahmedabad, a northwestern city with a population of more than 5 million, five minutes after taking off at 1:38 p.m. local time.
The plane was bound for London Gatwick Airport and was carrying 169 Indians, 53 Britons, seven Portuguese and one Canadian, Air India said.
Visuals on local television channels showed smoke billowing from the crash site.
Here's the latest:
___
Boeing said in a brief statement: 'We are aware of initial reports and are working to gather more information.'
The crash comes days before the opening of the Paris Air Show, a major aviation expo where Boeing and European rival Airbus will showcase their aircraft and battle for jet orders from airline customers.
Boeing has been in recovery mode for more than six years after Lion Air Flight 610, a Boeing 737 Max 8, plunged into the Java Sea off the coast of Indonesia minutes after takeoff from Jakarta, killing all 189 people on board. Five months later, Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashed after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members.
Shares of Boeing Co. tumbled nearly 9% before trading opened in the U.S.
___
In August 2020 an Air India Express Boeing-737 skidded off a hilltop runway in southern India, killing 21 people.
The worst air disaster in India was on Nov. 12, 1996, when a Saudi Arabian Airlines flight collided midair with a Kazakhastan Airlines Flight near Charki Dadri in Haryana state, killing all 349 on board the two planes.
___
India's foreign minister, Subrahmanyam Jaishankar, said he was 'deeply shocked to learn about the flight crash in Ahmedabad' in a post on X. 'Our prayers are with the passengers and their families,' he said.
___
Air India in a statement said there were 242 passengers and crew members on board the Boeing 787-8 aircraft.
Of these, 169 are Indian nationals, 53 British, one Canadian and seven Portuguese. The injured are being taken to the nearest hospitals.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Yahoo
16 minutes ago
- Yahoo
Tesla stock rises as US moves to ease rules for self-driving cybercab
-- Tesla (NASDAQ:TSLA) stock rose 2.6%, hitting a session high on Friday after a report that the US government is taking steps to ease regulations that have hindered the deployment of self-driving vehicles without driver controls. According to Bloomberg, the Trump administration is streamlining the exemption process for automakers seeking to deploy self-driving cars designed without traditional steering wheels or brake pedals. This regulatory shift could significantly benefit Tesla's ambitions to launch its robotaxi service. The National Highway Traffic Safety Administration (NHTSA) announced it will simplify the exemption procedure, which previously resulted in processing times that could stretch for years. In a letter posted to its website on Friday, NHTSA Chief Counsel Peter Simshauser stated the agency "anticipates reaching decisions on most exemption requests within months rather than years." Current federal safety standards effectively require new vehicles to include human driving controls, forcing companies developing autonomous vehicles to seek exemptions - a process that has created substantial delays for manufacturers. While Tesla shares climbed on the news, ride-hailing companies Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) saw their shares edge lower, potentially reflecting investor concerns about future competition from autonomous taxi services. The regulatory changes align with Tesla CEO Elon Musk's previously announced plans to develop a fleet of self-driving "Cybercabs" that could compete directly with traditional ride-sharing services. Related articles Tesla stock rises as US moves to ease rules for self-driving cybercab Air India 787-8 accident - What we know so far Brookfield Infrastructure reportedly acquiring Hotwire for $7 billion

Wall Street Journal
20 minutes ago
- Wall Street Journal
Heard on the Street Recap: Bond Bulls
The crash of a 787-8 jet in India is a blow to Boeing. (Siddharaj Solanki/EPA/Shutterstock)


Business Insider
39 minutes ago
- Business Insider
Morgan Stanley Weighs In on Boeing Stock Following Air India Crash
Boeing (NYSE:BA) marked a major milestone last month as the one-billionth passenger flew on its 787 Dreamliner – a big achievement for an aircraft that's only been in service for 14 years. Up until yesterday's tragic Air India crash in Ahmedabad, the 787 Dreamliner had built a strong reputation as a reliable workhorse for long-haul routes with an outstanding safety track record. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter It's important to note that this is a different aircraft from the Boeing 737 Max, which made headlines after the deadly crashes in Indonesia and Ethiopia in 2018 and 2019, claiming hundreds of lives. At this stage, there's no indication that Boeing is at fault for yesterday's incident in India. A clearer picture of what happened is expected to emerge once investigators retrieve the plane's black boxes – the onboard recorders that store critical flight data and cockpit audio. With BA shares taking a beating following the crash, Morgan Stanley analyst Kristine Liwag set out to get an idea of how investors feel about the stock right now. 'While our thoughts remain focused on those affected by the tragedy,' the 5-star analyst said, 'the feedback from investors is considerably less negative than after previous Boeing 737 MAX incidents.' On the positive side, given the strong safety history of the 787, many investors believe the stock's dip is an overreaction, especially as production of the 737 MAX continues to gain momentum. Footage of the incident appears to show a controlled descent, which could suggest that the cause may not be related to a systems failure on the aircraft itself. But the negative take is that incidents like this highlight the stock has a 'higher beta than in previous cycles,' i.e., heightened sensitivity to headlines. Boeing remains 'in the penalty box' due to prior incidents and with a range of pureplay aerospace alternatives available, many would prefer to remain on the sidelines for now. Plenty of questions remain for now. Some observers have noted that the aircraft appeared underpowered during its controlled descent. Investors are asking whether the problem could be related to the engines, maintenance or repair (MRO) issues, or possibly a bird strike. The Air India 787 is equipped with GE Aerospace engines. 'We will continue to monitor developments of the investigation,' Liwag summed up. All in, Liwag assigns an Equal-weight rating (i.e., Neutral) with a $200 price target, suggesting that the stock is fully valued at current levels. (To watch Liwag's track record, click here) While two other analysts also remain on the sidelines, they're outnumbered by 16 who are bullish on the stock. With just one dissenter issuing a Sell, the result is a Strong Buy consensus. Looking ahead, the average price target of $220.95 implies a potential upside of 10.5% over the next year. (See Boeing stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.