Bloomberg Daybreak: US Edition12 Jun 2025

Breaking News: India Plane Crash with 242 People on Board

A Boeing Co. 787 Dreamliner aircraft operated by Air India that was bound for London crashed shortly after taking off in Ahmedabad, in what stands to be the worst accident involving the US planemaker’s most advanced widebody airliner.
Flight AI171 was carrying 242 passengers and crew. Video footage shared on social media showed a giant plume of smoke engulfing the crash site, with no reports of survivors.
The aircraft entered a slow descent shortly after taking off, with its landing gear still extended before exploding into a huge fireball upon impact. The crash took place in a residential area, which could mean a higher death toll. The twin-engine plane had reached an altitude of 625 feet (190.5 meters) at a speed of 174 knots, according to data from Flightradar24.
The accident extends a series of serious and fatal incidents in the civil aviation industry this year, including a mid-air collision in Washington early in 2025 between a military helicopter and an aircraft. Air India is in the middle of a strategic turnaround that includes a huge aircraft order as it seeks to tap growing demand from a rising Indian middle class.
Indian Prime Minister Narendra Modi said the accident is “heartbreaking beyond words,” according to a statement, adding that he’s been in touch with ministers and authorities assisting the salvage operation.
Boeing shares fell 7% in premarket US trading. The 787 is the company’s most advanced in-service aircraft and is popular with airlines because it is more fuel efficient thanks to its use of lightweight composite materials. Boeing said it’s “aware of initial reports and are working to gather more information.”

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1820)

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to US housing data, with a focus on 3 stocks for th...

16 Okt 39min

Warsh Boosts Rate Hold Expectations; Midterm Debates Ramp Up Nationwide

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest r...

16 Okt 22min

Zelenskyy Defies Trump; Leakers 'Should Be Shot' Says President

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume in a spiraling confrontation...

15 Okt 16min

Midterm Debates Heat Up; Russia-Ukraine Energy Ceasefire in Limbo

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) A series of Midterm debates took place Tuesday night across the country, with Election Day just weeks away. In New Yor...

14 Okt 16min

Trump Dismisses Iran Aid Concerns; Houthis Continue Saudi Attacks

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump dismissed concerns that Russia and China might be helping Iran in its war with the US, adding that the...

13 Okt 13min

Deadly Houthi Strike Raises War Risks; Judge Halts Trump TV Ads

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Houthi militants targeted airports across Saudi Arabia, killing at least 14 people and wounding hundreds in two separa...

12 Okt 15min

BONUS SERIES: Levittown Episode 3 | The Hunter

It’s not just Levittown. The website hosting the doctored photos is the nexus of campaigns to harass women across the world. A victim in New Zealand helps to spark a global battle against the site and...

11 Okt 32min

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with U.S bank earnin...

9 Okt 39min