Air India, Boeing 787 Dreamliner and Catastrophic Crash
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In the wake of the Air India flight that crashed moments after take off last week leaving just one survivor, two other Boeing 787s turned around shortly after taking off on June 16, one from Heathrow and another from Hong Kong.
The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.
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
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The Air India flight, carrying 242 passengers and crew members, crashed shortly after takeoff from Ahmedabad, India, en route to London Gatwick.
Boeing is forecasting strong growth in aviation despite recent crash, with demand for 43,600 new planes by 2044.
Following the tragic Air India crash in Ahmedabad, involving a Boeing 787 Dreamliner and resulting in 245 fatalities, the DGCA has mandated enhanced safety inspections for Air India's entire Dreamliner fleet.
Even before Thursday, investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic.