As Boeing 747 Retired, Its Stock Faces Mounting Pressure After Ahmedabad Tragedy ⋅ Crypto World Echo
Boeing’s stock continued to face downward pressure, tradingat $197.68 as of June 20, 2025. This follows the crash of an Air India Boeing787-8 near Ahmedabad on June 12, 2025.
The accident resulted in over 240 deaths. The event hasincreased scrutiny on Boeing’s aircraft safety. Indian authorities are leadingan investigation, with support from international agencies.
Crash Sparks Stock Drop, Partial Rebound
The stock initially dropped by 8% after the crash but hassince seen a slight recovery. Despite this, concerns about safety andreputational damage continue to affect investor sentiment.
Boeing isn’t just a company — it’s a $149 billion (~₹12.4 lakh crore) backbone of the U.S. economy.Largest civil aerospace exporterImportant to U.S. manufacturing GDPOne-half of a global duopoly with AirbusSupports over 1.5 million American jobsPowers defense,… pic.twitter.com/gbYXBS6bGf
— Akhil (@juniorpartner_) June 20, 2025
You may find it interesting at FinanceMagnates.com: TrumpCuts G7 Trip Short as Conflict Grows: Group Struggles over Iran, Russia.
Boeing Ends 747 Production, Cargo Continues
This tragedy comes shortly after the retirement of Boeing’s747 model. The last passenger flight of a Boeing 747 was operated by AsianaAirlines on March 25, 2024.
#Breaking Air India plane AI171 crashed into Medical College in Ahmedabad – photos from crash siteTHE PLANE WAS UNABLE TO KNOCK DOWN DOUBLE STOREY BRICK HOUSE BUT IN NEW YORK (9/11) KNOCKED THE CONCREATE SKYSCREAPER WITH REINFORCED STEEL? FUCK OFF!!! pic.twitter.com/o4YwiMbzXu
— Jack Straw (@JackStr42679640) June 12, 2025
This marked the end of commercial passenger servicefor the aircraft. Production of the 747 ended in early 2023. The final 747 wasdelivered to cargo carrier Atlas Air. Some 747s remain in use, mainly for cargoflights.
This article was written by Tareq Sikder at www.financemagnates.com.
