Cathay Pacific inspects Airbus A350 jets after engine part failure, Reuters says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2024
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Inspection of A350 Jets: Cathay Pacific Airways has begun inspecting all its Airbus A350 jets following an in-flight engine component failure, leading to the cancellation of 24 return flights until Tuesday.
Impact on Rolls-Royce Shares: The announcement has caused a significant drop in shares of British engine supplier Rolls-Royce as several aircraft will remain out of service for precautionary measures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
