Key Takeaways Boeing shares moved higher Monday morning after a preliminary report on last month's Air India crash was released over the weekend.The report found that the likely cause was fuel cutoff switches being shut off,

A report released by India's Aircraft Accident Investigation Bureau pointed to fuel switches that flipped off during takeoff, depriving engines of power.

The US aviation regulator has said fuel control switches in Boeing aeroplanes are safe, following their reported involvement in a fatal Air India crash that killed 260 people in June. The safety of the switches has become a key point of concern after a preliminary report on the disaster was released by investigators on Friday.