India’s Air Accident Investigation Bureau released a preliminary report on Air India crash saying the fuel supply was cut off to both engines and the pilots failed to regain thrust in time. “At this stage of investigation, there are no recommended actions to B787-8 and/or GE GEnx-1B engine operators and manufacturers,” said the report. Shares of Boeing (BA) and GE Aerospace (GE) moved higher in after-hours trading after the report issued no recommended actions to Boeing’s plane or GE’s engines. Boeing is up 1% to $229.50.
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