Boeing’s shares dropped by 8% in premarket U.S. trading on Thursday following a fatal crash involving an Air India Boeing 787-8 Dreamliner carrying 242 passengers, according to Reuters.

The aircraft, en route to Gatwick Airport in the UK, crashed shortly after taking off from Ahmedabad in western India. The crash occurred in a civilian area near the airport, and the cause of the incident remains under investigation. Boeing has acknowledged the initial reports and stated it is working to gather more details.

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This tragic event adds to Boeing’s ongoing struggles to rebuild trust in its aircraft safety and ramp up production under its new CEO, Kelly Orthberg. The company’s shares fell to $196.52 in premarket trading, reflecting investor anxiety amid renewed scrutiny over Boeing’s safety record and past operational issues.

Chris Beauchamp, a market analyst at IG Group, linked the stock decline to persistent concerns over Boeing’s performance and crisis management in recent years.