787 Crash Black Boxes Sing Will Boeing & GE Soar Higher?

Boeing and GE Shares See Boost as 787 Black Boxes Offer Potential Insights

The aviation world is holding its breath as investigators delve into the data recovered from the black boxes of the Air India Flight 171 crash that occurred on June 12th. The incident, which involved a Boeing 787, has understandably prompted intense scrutiny and a race against time to understand the sequence of events that led to the tragic event.

On Monday, the markets reacted to the ongoing investigation. Boeing (NYSE:BA) shares saw a modest increase of approximately 1.5% as analysts and investors alike eagerly await any tangible insights from the recovered flight data.

Currently, teams in Delhi are meticulously downloading information from the aircraft's two crucial black boxes – the flight-data recorder (FDR) and the cockpit-voice recorder (CVR). These devices, distinctively painted bright orange for easy retrieval, hold the key to understanding the final moments of Flight 171. The focus is primarily on pinpointing the cause of the jet's failure shortly after takeoff.

GE Aerospace (NYSE:GE) experienced a more significant surge, with its stock climbing over 3%. This uptick is largely attributed to the company's role as the supplier of the 787's GEnx engines, as well as being the manufacturer of the flight recorders themselves.

Here's a quick overview of the aircraft's history:

• Logged approximately 41,700 flight hours.
• Completed around 7,800 trips.
• Underwent a comprehensive C check inspection in 2023.
• Engines received overhauls earlier this year.

As is standard practice during active investigations, neither India's aviation regulator nor either of the manufacturers (Boeing and GE Aerospace) have offered any official comments. However, Civil Aviation Minister Murlidhar Mohol has indicated that investigators are particularly focused on the simultaneous engine failure. Their inquiries encompass a detailed examination of:

• Fuel systems
• Electrical systems
• Hydraulic systems

The investigation is complex and multi-faceted.

While a full and comprehensive accident report is expected to take several months, a preliminary update may be released in the coming weeks. This initial report could provide early insights into the factors contributing to the devastating 787 failure.

The aviation community, along with the families and loved ones of those affected, are anxiously awaiting any information that can shed light on this tragedy. The hope is that the data recovered from the black boxes will not only provide answers but also contribute to improved safety measures and prevent similar incidents in the future. The commitment to understanding and learning from such events is paramount to ensuring the continued safety and reliability of air travel.

Tags: Boeing, Air India, Flight 171, GE Aerospace, Plane crash, Flight data, Black boxes, Engine failure, Aviation, Investigation, GEnx engines, Air accident.

Source: https://finance.yahoo.com/news/boeing-ge-shares-climb-787-160716841.html