India aviation regulators said urgent safety checks would be carried out for dozens of Boeing Co. 787 jets in the wake of the Air India crash that killed all but one of the 242 people on board.

Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow.

A London-bound Air India plane carrying more than 240 people crashed shortly after takeoff Thursday. Authorities said there were no known survivors.

Boeing Co. predicted airlines will need 43,600 new aircraft over the next 20 years, with markets like China and Southeast Asia leading the push as greater prosperity gives more people the means to travel.

Indian authorities have ordered what they called “extended surveillance” of all Boeing 787 aircraft in the country’s fleet while they investigate the cause of the Air India crash.

The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.

Boeing Co. Chief Executive Officer Kelly Ortberg finds himself in a familiar role — facing another crisis — this time a crash involving the company’s marquee 787 Dreamliner jet in India that killed more than 240 people.

Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.