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Part of the Airbus A350 fleet will be subject to broader inspection, European aviation safety regulator EASA said on Thursday after a Cathay Pacific A350-1000 passenger plane experienced an in-flight failure of an engine part.
Several airlines are carrying out precautionary inspections on their Airbus A350 fleets after Hong Kong's Cathay Pacific found 15 planes that needed fuel line repairs following the in-flight failure of an engine part on Monday.
Airlines will likely be told there is no immediate need for global checks on the Airbus A350-1000, ending days of uncertainty after an engine emergency prompted Cathay Pacific to review its fleet, two people familiar with the matter said.
Swiss International Air Lines is implementing a balancing plate on certain Airbus jets to account for heavier first-class seats located up front.
Hong Kong carrier Cathay Pacific said Tuesday that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded following a "first of its type" engine component failure.
Hong Kong's Cathay Pacific Airways said on Monday it was inspecting all 48 of its Airbus A350 widebody jets after the in-flight failure of a component in an engine that is made by British manufacturer Rolls-Royce.
Cathay Pacific Airways Ltd. says it's being forced to cancel some flights because of a “precautionary” inspection of its entire Airbus SE A350 fleet.
Airbus lowered 2024 delivery targets to 770 airplanes due to supply chain bottlenecks. In July, Airbus booked 59 orders worth $5.8 billion, including A320, A330neo and A350 programs. Airbus delivered 77 airplanes in July, with deliveries increasing year-on-year by 18.5%, expecting a 5% increase for full year.
Investors looking for stocks in the Aerospace - Defense sector might want to consider either Leidos (LDOS) or Airbus Group (EADSY). But which of these two stocks presents investors with the better value opportunity right now?
When Christian Scherer took the job of running Airbus's AIR 0.24%increase; green up pointing triangle commercial aircraft division at the start of the year, the gig looked like a slam dunk.