The Air India flight, carrying 242 passengers and crew members, crashed shortly after takeoff from Ahmedabad, India, en route to London Gatwick.

This is a different plane from the Boeing 737 Max, which was in the headlines after fatal crashes in Indonesia and Ethiopia, which killed hundreds of people in 2018 and 2019 respectively. A software fault was found to have caused those incidents and the model was grounded worldwide for 18 months.

Boeing Co. (NYSE: BA) faced a sharp 5% drop in its stock price yesterday following the tragic crash of an Air India Boeing 787-8 Dreamliner in Ahmedabad, India.