
Air India Crash: Black Box Found, Investigation Begins
Air India Flight Crash: Black Box Recovered, Investigation Underway An Air India plane crashed in western India on Thursday, resulting in a major investigation. One of the aircraft's black boxes has been recovered, according to police in the area. The National Transportation Safety Board (NTSB) and the Federal Aviation Administration (FAA) are sending investigators to assist Indian authorities in determining the cause of the crash. CNBC's Phil LeBeau reported that a primary question in the investigation is why the plane lacked sufficient thrust during takeoff. "They got off the ground, but then they couldn't do the thrust needed to go into flight," LeBeau stated. The investigation will also examine whether systemic issues with the aircraft or engines contributed to the accident. The crash has already impacted the financial markets. Wolf Research noted that while there isn't a significant direct impact on financial performance yet, the incident is expected to dampen momentum until more clarity emerges. Boeing CEO, Kelly Ortberg, canceled his appearance at the Paris Air Show, and GE Aerospace postponed its investor day, demonstrating the seriousness of the situation. The recovery of the black box is a positive step in the investigation, offering hope for a clearer understanding of the events leading up to the crash and preventing future tragedies.