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Cathay Pacific confirms it expects A350s back in service within days after engine issue - TL;DR CNBC

Cathay Pacific confirms it expects A350s back in service within days after engine issue

Publishing timestamp: 2024-09-04 07:18:59


Summary

Cathay Pacific expects to return its Airbus A350 aircraft to service by the weekend after in-flight engine issues led to flight cancellations. Shares of engine-maker Rolls-Royce initially dropped but rebounded as analysts believe the issue is a "quick fix." Repairs have been conducted swiftly and most flights affected were regional rather than long-haul. Rolls-Royce is cooperating with investigations.


Sentiment: MIXED

Tickers: RR.-GB,  293-HK,  9201.T-JP, 

Keywords: business news,  rolls-royce holdings plc,  cathay pacific airways ltd,  breaking news: business,  transportation, 

Source: https://www.cnbc.com/2024/09/04/cathay-pacific-expects-a350s-back-in-service-days-after-engine-issue.html


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