Fatal crash raises new concerns for both firms as they try to revamp after years of problems that marred reputations.

Following Air India's sale to the Tata Group in 2022, the company consolidated its aviation businesses to streamline operations and boost efficiency.

Aircraft 'black boxes' are bright orange rectangular crash-resistant devices that are designed to survive extreme impact and fire. It provides investigators with a second-by-second reconstruction of events leading to a crash.

Air India Boeing jet crashes shortly after takeoff. Nvidia and Samsung to take minority stakes in robotics startup Skild AI - report. Chime Financial prices IPO at $27, above expected price.

Incidents like the recent Air India crash can result in a total loss, meaning the aircraft is beyond repair with no salvageable parts. In such cases, the losses can reach around $130 million, roughly $80 million for the plane and $30-50 million in liabilities.

No visible gatherings at London’s Gatwick Airport June 12, 2025 11:56 PM GMT+5:30 Air India survivor called his dad moments after the crash 11:51 PM GMT+5:30 UN secretery-general ‘extends his heartfelt condolences’ 11:49 PM GMT+5:30 UK says it’s in constant contact with Indian authorities after crash 11:45 PM GMT+5:30 Boeing CEO offers condolences and support after Air India crash 11:22 PM GMT+5:30 Crash survivor describes the moment of impact 11:06 PM GMT+5:30 The crash’s sole survivor escaped without life-threatening injuries 10:58 PM GMT+5:30 Indian authorities turn to DNA testing to identify burned bodies 10:51 PM GMT+5:30 The Canadian citizen killed in crash was a dentist and mother of a 1-year-old 10:46 PM GMT+5:30 British MP says some of her constituents were on the flight 10:41 PM GMT+5:30 Trump talks plane crash in India 10:21 PM GMT+5:30 Sole survivor meets in hospital with a top Indian official 10:15 PM GMT+5:30 Police official confirms at least 240 dead 10:10 PM GMT+5:30 JUST IN: At least 240 people,

Some of the world's leading airlines are investing to build a flight network to better connect India to the rest of the world. IndiGo, Delta Air Lines, Air France-KLM and Virgin Atlantic this week announced a partnership that aims to link the domestic and international travel markets within and outside of India.

The crash of Air India Flight 171 is a human tragedy first. The business impact will unfold over the coming days and weeks.