Stock Movers: Boeing, Airbus, Alaska Air (Podcast)
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Stock Movers: Boeing, Airbus, Alaska Air (Podcast)
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About this listen
On this episode of Stock Movers:
- Boeing (BA) shares are lower this morning as a Boeing 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. The crash occurred in a residential area and is considered one of the worst accidents involving the 787 Dreamliner, with Indian Prime Minister Narendra Modi calling it "heartbreaking beyond words".
- Airbus (AIR) shares are following Boeing lower on the plane crash in India. Boeing shares fell in premarket US trading, and the company is working to gather more information about the incident, which is the biggest commercial airline crash since 2014.
- American Airlines (AAL) is trading lower as well this morning following the crash. It tends to lead other American airliners lower, including Delta (DAL) and United (UAL) this morning.
- Alaska Airlines (ALK) are higher this morning as one of the few American airlines that are trending higher despite the crash. Alaska Airlines has less exposure to international flights than other American airliners.
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