An Air India flight from Ahmedabad to London Gatwick on ThursdayboeingBoeing's stock price fell 5.9% after the 787 Dreamliner crashed shortly after takeoff. It was the biggest intraday drop since April 10.
On the supplier side, General Electric shares fell 2.8% and Spirit AeroSystems fell 3.4%.
The aircraft is powered by two General Electric GEnx engines.
GE Aerospace said in a post on X that it was assembling an emergency response team to travel to India to support the investigation.
Flight AI171 crashed shortly after takeoff, the most serious accident involving Boeing's most advanced twin-aisle aircraft.
According to police, more than 200 bodies have been found at the crash site. The plane was carrying 242 passengers and crew.