The impact wasn’t limited to airline operators. Shares of Tata Group companies — the conglomerate that owns Air India — also took a hit.

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.

Tata Group shares declined up to 2% in intraday trade on Friday amid weak trend in the Indian stock market and after a lethal Air India plane crash.

The fatal crash tarnishes the Dreamliner jet’s safety record and muddies CEO Kelly Orthberg efforts to ramp up production as the airplane maker scored a flurry of new orders and hit

The Tata Group, which bought the airline three years ago, has been trying to improve operations at a time of great change in India’s aviation market.

Following the Air India Flight 171 crash in Gujarat, Singapore Airlines' shares declined due to its stake in the airline. The Boeing 787-8 Dreamliner crashed shortly after takeoff, resulting in numerous fatalities and injuries.

Stock prices for Spirit AeroSystems in Wichita dipped slightly after a Boeing 787 Dreamliner plane operated by Air India crashed moments after takeoff, killing more than 260 people. Boeing CEO: Spirit AeroSystems shows progress in safety efforts Report: Boeing seeks to withdraw guilty plea agreement Report: Boeing seeks to withdraw guilty plea agreement Spirit AeroSystems reaches deal with Airbus Spirit AeroSystems reaches deal with Airbus © 2025 American City Business Journals.

Union Home Minister Amit Shah provided crucial insights into the tragic Air India flight AI171 crash near Ahmedabad, which claimed over 200 lives.