Boeing, Air India and 787 Dreamliner
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Boeing (NYSE:BA) has restarted its aircraft deliveries to China, handing a new 787-9 Dreamliner to Chinese carrier Juneyao Airlines on Saturday, Reuters reported, citing Shanghai-based business news outlet Yicai.
Indian authorities have ordered what they called “extended surveillance” of all Boeing 787 aircraft in the country’s fleet while they investigate the cause of Thursday’s crash of an Air India plane.
A London-bound Air India plane carrying more than 240 people crashed shortly after takeoff Thursday. Authorities said there were no known survivors.
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 delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease.
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Air India directed to carry out Boeing 787 safety checks as families reunited with victims Missouri Governor Mike Kehoe on Thursday declared a State of Emergency and activated the Missouri National Guard in anticipation of protests across the state. They thought he was doing a different kind of "cruising."
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.
The investigation into Air India flight 171 crash opens up questions into the many concerns surrounding Boeing's 787.