Boeing Stock Edges Higher Following Preliminary Air India Crash Report

Aaron McDade

Mon, Jul 14, 2025, 10:05 AM 2 min read

• Boeing shares moved higher Monday morning after a preliminary report on last month's Air India crash was released over the weekend.

• The report found that the likely cause was fuel cutoff switches being shut off, halting fuel flow to the engines.

• The Indian safety regulator said it did not currently have any safety recommendations for operators or manufacturers of the relevant Boeing plane and GE Aerospace engines.

Boeing (BA) shares are inching higher to start the week after a preliminary report was released over the weekend regarding the cause of last month's Air India crash that killed more than 250 people on board and on the ground.

The good news for Boeing and GE Aerospace (GE), which made the engines on the Boeing 787 that crashed, is that the preliminary report from an Indian safety regulatory did not recommend actions to fix any safety issues for operators or manufacturers of the Boeing plane and GE engines.

The report found that the likely cause of the crash was the two fuel cutoff switches being moved from the "run" position to the "cutoff" position, halting the flow of fuel to the aircraft's engines. It remains unclear how or why the switches were moved, as one pilot was heard asking the other why the switches were turned off, to which the other pilot responded that he did not move the switches, the report said.

Both switches were moved back to the correct position, putting fuel back into the engines, but the report said the change was made too late for the plane to regain altitude before it made contact with trees and buildings on the ground.

The time from when the plane reached its highest speed and the switches were flipped to when the cockpit recording stopped at the time of the crash was about 30 seconds, per the report.

Also over the weekend, the Federal Aviation Administration and Boeing told airlines that there were no safety issues with the way the fuel switch locks are currently designed, according to Reuters and the BBC. In December 2018, the FAA recommended but did not mandate that airlines inspect the switches to ensure that they could not be moved accidentally.

Boeing and GE Aerospace shares were each up about 1% in Monday morning trading.

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