Market Chatter: Qantas Airways 'Closely Monitoring' Air India Crash Investigation, Says The Australian

MT Newswires Live

Jun 13

Qantas Airways (ASX:QAN) is "closely monitoring" the probe into the Air India crash that occurred on Thursday as its Jetstar unit uses the same type of Boeing 787-8 aircraft, which is a variant of its 787-9 fleet, The Australian reported Friday, citing a company spokesperson.

Boeing, a US-listed aircraft maker which has been in controversies and probes in recent years due to malfunctioning aircraft, closed nearly 5% down after the crash on Thursday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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