Trending Industry Today: CHINA SOUTH AIR Leads Gains In Aviation & Airlines Stocks

Moomoo NewsSep 26 23:40 ET

Is Airbus also facing a quality crisis? The engine failure of Cathay Pacific Airways has raised concerns across the aviation industry.

①On Monday, an Airbus A350 aircraft was forced to return due to rbob gasoline leakage, prompting Cathay Pacific airlines to conduct a full investigation of the entire fleet, resulting in the discovery of more issues; ②More airlines have started inspecting the A350 aircraft and have also requested an explanation from Airbus and engine manufacturer Rolls-Royce.

cls.cnSep 4 21:53 ET

What do we know about the engine failure incident of Cathay Pacific Airways' A350 "global first"?

Cathay Pacific Airways has reported that after an Airbus A350 aircraft experienced engine failure and returned to base on Monday, it was discovered that 15 aircraft in the fleet will need to have engine components replaced. The expected maintenance will be completed by this Saturday. As the scale of the incident became clearer, the stock price of engine manufacturer Rolls-Royce stabilized and rebounded on Tuesday.

cls.cnSep 3 08:06 ET

Cathay Pacific Identifies 15 Airbus A350 Planes In Need Of Engine Part Replacement: Report

BenzingaSep 3 07:19 ET

The first global case! Cathay Pacific Airways' A350 aircraft engine experienced a failure, causing Rolls-Royce and Airbus stock prices to plummet.

Cathay Pacific Airways announced that due to engine component failures on its A350 aircraft, the company has decided to conduct comprehensive 'preventive inspections' on all 48 Airbus SE A350 fleets. This A350 engine component failure is the first of its kind globally. As a result, Rolls-Royce's stock price briefly plunged by over 6% and Airbus's stock price briefly plunged by over 1.3%.

wallstreetcnSep 2 12:29 ET

China Southern Airlines: International and Hong Kong, Macao, and Taiwan flights have resumed to 80% of the same period in 2019. Ground service fees are facing upward pressure. | Direct coverage of earnings conference

①Nanhang Logistics' net income in the first half of the year increased by more than 30% year-on-year to 1.7 billion yuan, making it the most profitable subsidiary of Nanhang Airlines. ②Nanhang Airlines stated that in 2024, due to production recovery, international ground service price increases, and domestic airport fees, the company will face significant upward pressure on landing and takeoff ground service fees. ③Nanhang's first C919 will enter commercial operation on September 19, with its maiden flight operating on the Guangzhou-Shanghai Hongqiao route.

cls.cnAug 30 10:11 ET