What happened to Cathay Pacific’s A350 and how will it affect Rolls-Royce?
British manufacturer’s share price slumped 6.5% after engines failed on Cathay Pacific flight on Monday• Cathay Pacific says 15 jets need new part after Rolls-Royce engine problemAn engine failure on a Cathay Pacific flight on Monday has put the spotlight on the British manufacturer Rolls-Royce, which makes and maintains the power plant on the Airbus A350.As airlines that operate the twin-aisle plane inspect their fleets, investors are trying to establish whether there will be broader implications for Rolls-Royce. The A350, which carries up to 410 passengers, is used mainly on long-haul routes. Continue reading...
British manufacturer’s share price slumped 6.5% after engines failed on Cathay Pacific flight on Monday
• Cathay Pacific says 15 jets need new part after Rolls-Royce engine problem
An engine failure on a Cathay Pacific flight on Monday has put the spotlight on the British manufacturer Rolls-Royce, which makes and maintains the power plant on the Airbus A350.
As airlines that operate the twin-aisle plane inspect their fleets, investors are trying to establish whether there will be broader implications for Rolls-Royce. The A350, which carries up to 410 passengers, is used mainly on long-haul routes. Continue reading...
