Boeing (BA) Plunges 4.33% Amid Crash, Layoffs

On June 12, 2025, Boeing's stock experienced a significant drop of 4.33% in pre-market trading, reflecting a sharp decline in investor confidence.

One of the primary factors contributing to this decline is the recent crash of a Boeing 787 aircraft in India. The incident, which occurred at Ahmedabad Airport, has raised serious concerns about the safety and reliability of Boeing's aircraft. The crash, which involved an Indian airline, has resulted in a significant loss of life and has drawn widespread attention from aviation regulators and the public.

In addition to the crash, Boeing has also been facing internal challenges. The company has announced plans to lay off 10% of its global workforce, a move that has raised concerns about the company's financial health and future prospects. This decision comes as Boeing continues to grapple with the fallout from the 737 MAX grounding and other production issues.

Despite these challenges, Boeing has also seen some positive developments. The company booked 303 new orders in May, indicating that there is still demand for its aircraft. However, the recent crash and layoffs have overshadowed these positive developments, leading to a decline in investor confidence and a drop in the company's stock price.