The National Transportation Safety Board (NTSB) stated that pilots flying an Amazon.com Inc. (NASDAQ: AMZN) cargo plane operated by Boeing Co. (NYSE: BA) appeared to consider aborting their landing before the aircraft overran the runway at Miami International Airport on Sunday, killing five people.

Flight Data and Timeline

During a Tuesday press briefing, NTSB Chair Jennifer Homendy revealed details from the onboard voice recording and flight data. The Boeing 767-300, operated by 21Air LLC, arrived from San Juan, Puerto Rico.

Key data points from the recording include:

• 30 seconds before end: Nose and right main landing gear touched down at a ground speed of 158 knots (approx. 181 mph).
• Brake application: Brakes were applied when ground speed was 146 knots (approx. 168 mph).
• 19 seconds before end: Left main landing gear touched down at 134 knots (154 mph).
• 15 seconds before end: Brakes were released at 120 knots (138 mph), and throttles increased to values consistent with go-around thrust.
• 11 seconds before end: Brakes were reapplied.
• End of recording: Final ground speed was 65 knots (74 mph).

Homendy noted that there was no indication in the recorded data that the aircraft’s speed brakes or thrust reversers were deployed. Go-around thrust refers to increased engine power used to discontinue a landing and climb away from the runway.

Pilot Experience and Investigation

The NTSB confirmed it will interview both pilots involved. Homendy disclosed their flight experience:

The investigation scope remains broad, covering operations, human performance, crew training, 21Air LLC policies, its relationship with Amazon, FAA oversight, air traffic control, and aircraft components. The agency will remain in Miami for at least a week to collect perishable evidence.

Incident Context

The aircraft traveled approximately 1,300 feet past the paved runway surface, striking navigational aids, a Ford Motor Co. (NYSE: F) van with seven occupants, and a Toyota Motor Corp (NYSE: TM) Corolla. Five individuals died in the collision.

Boeing recently paid $3.1 million in fines related to safety breaches and undermining FAA safety personnel independence. A spokesperson for Boeing offered condolences and confirmed support for the investigation, noting the specific unit was first delivered as a passenger airplane in 1994 and later converted to a freighter.

Billionaire investors David Tepper and Paul Tudor Jones initiated new positions in Boeing Co (NYSE: BA) as of June 30, according to latest 13F filings. The moves occurred even as the aerospace giant’s stock formed a technical death cross and fell nearly 12% over the past year.

The filings reflect institutional holdings at the end of the second quarter. Tepper’s Appaloosa Management and Tudor Jones’ Tudor Investment established these stakes before the chart deteriorated further. The data does not indicate whether they have since added to or trimmed these positions.

Contract Visibility vs. Technical Weakness

Boeing’s defense business offers long-term visibility through a recent indefinite-delivery, indefinite-quantity contract for the U.S. Air Force’s F-15 Eagle program. The agreement has a ceiling value of $131.2 billion and extends through 2037. It covers aircraft production, modernization, and sustainment for U.S. and international customers.

This ceiling represents the maximum potential order value, not an immediate award. The deal aligns with a broader U.S. military budget poised to reach $1.5 trillion for fiscal year 2027.

Technically, the stock faces headwinds. The 50-day moving average dropped to $219.52, falling below the 200-day moving average at $220.09. This death cross signals weakening long-term momentum to many traders. The Relative Strength Index remains below the neutral 50 level, indicating subdued buyer interest.

Operational Headwinds Persist

Despite the bullish institutional bets, Boeing continues to navigate legacy challenges. The company recently settled a $3.1 million FAA civil penalty related to manufacturing quality violations. Additionally, the integration of Spirit AeroSystems has introduced unexpected liabilities that weighed on financial results.

Investors remain divided on whether these issues are temporary execution errors or signs of deeper structural problems. The commercial aviation business still needs to demonstrate consistent production and stronger margins to fully restore confidence.

What the Numbers Show

The divergence between institutional positioning and technical indicators is notable. While the chart suggests caution with the death cross and RSI below 50, top-tier hedge funds are accumulating shares. This implies investors like Tepper and Tudor Jones may be pricing in a longer-term recovery driven by defense contracts, rather than reacting to short-term volatility or safety penalties.