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Market Impact: 0.2

French Court Rules Air France And Airbus Guilty In 2009 Plane Crash; Companies To Appeal

Legal & LitigationTransportation & LogisticsManagement & Governance

A French court found Air France and Airbus guilty of involuntary manslaughter over the 2009 Atlantic plane crash that killed 228 people on board. The ruling is materially negative from a legal and reputational standpoint, though the direct market impact is likely limited unless it leads to significant penalties or appeals.

Analysis

A French court found Air France and Airbus guilty of involuntary manslaughter over the 2009 Atlantic plane crash that killed 228 people on board. The ruling is materially negative from a legal and reputational standpoint, though the direct market impact is likely limited unless it leads to significant penalties or appeals.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.30