In a dramatic market reaction, Boeing shares fell 8% during U.S. pre-market trading following the horrifying crash of Air India Flight AI171, a Boeing 787 Dreamliner, near Ahmedabad on June 12. The aircraft, en route to London, went down minutes after takeoff with 242 people onboard, sending shockwaves through global aviation circles - and Wall Street.

Investors fear the crash could spark renewed scrutiny on the Dreamliner series, potentially leading to regulatory probes, delivery delays, and further dips in confidence. Though Boeing swiftly issued a statement saying it is cooperating with investigators, the damage to its financial image was already underway.

The plunge marks one of Boeing's steepest pre-market drops this year, reigniting memories of past crises like the 737 MAX grounding. Analysts warn that if the crash is traced back to a mechanical flaw, Boeing could face another wave of lawsuits and international backlash.

As the world watches the investigation unfold, markets will be bracing for more turbulence in Boeing's stock - and its reputation.