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Investing.com -- Boeing (NYSE:BA) shares traded choppily on Tuesday after India’s aviation regulator said it found no major safety concerns with Air India’s Boeing 787 fleet.
The Directorate General of Civil Aviation (DGCA) announced that surveillance conducted on Air India’s Boeing 787 aircraft revealed no significant safety issues. This assessment comes just days after a tragic incident involving a different Boeing aircraft model resulted in at least 271 fatalities.
"The aircraft and associated maintenance systems were found to be compliant with existing safety standards," the DGCA stated in its report.
Boeing has faced increased scrutiny over aircraft safety in recent years, with various models experiencing technical issues that have led to groundings and extensive reviews. The company’s stock has been sensitive to safety concerns and regulatory announcements, reflecting investor awareness of how safety issues can impact the aircraft manufacturer’s business and reputation.
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