$BA First 787 Dreamliner crash in history
A Boeing 787 Dreamliner just crashed. RIP all those who died & my deepest condolences to their loved ones.
Boeing stock will take a beating but there might more to this and money to be made in this as i just watched a video of the crash. And this might be due to pilot error .
They are taking off at max weight
1. They are flying with gears down ( causing a lot of drag )
2. They have no flaps on ( so at slow speeds they don’t have that extra lift causing the plane to stall and lose altitude )
This might be a case of pilot error rather than mechanical failure or software issues like ( MCAS ).
If mechanical failure occurred it could be an engine failure which wouldn’t be a Boeing issue since they don’t manufacture the engine.
I’ll wait till the price tanks then open up a position.