Singapore Airlines shares fall following Air India tragedy
Business
After a tragic Air India plane crash in Ahmedabad that claimed 241 lives, Singapore Airlines (SIA) saw its shares drop by 1.7%. The flight, headed to London with passengers from India, the UK, Canada, and Portugal, crashed just after takeoff. SIA owns a quarter of Air India following their recent merger with Vistara.
Global impact of aviation incidents on markets
This isn't just about one airline—when something goes wrong in aviation, it can ripple through global markets and partnerships. With investigations underway and big questions about flight safety being raised, the incident is a reminder of how connected—and vulnerable—the airline world really is.