Faulty component could have caused "extensive damage" to Cathay Pacific jet, report finds [Yahoo! Finance]
CATHAY PAC AIRWAYS S/ADR (CPCAY)
NASDAQ:AMEX Investor Relations:
cathaypacific.com/cx/en_us/about-us/investor-relations/financial-briefings.html
Company Research
Source: Yahoo! Finance
The report on the Sept. 2 incident by Hong Kong's Air Accident Investigation Authority said the steel braided sheath of a fuel hose connecting to a fuel spray nozzle was ruptured. Had the faulty component not been promptly detected and repaired, it could have escalated into a more serious engine fire. A preliminary investigation found soot on a section of the aircraft's core engine, indicating signs of a fire. Five other fuel hoses in the Cathay jet also were found to have either “frayed metal braids or collapsed structures,” the report said. Cathay Pacific Airways did not immediately comment. The engine fire aboard the Cathay plane caused cancellations of 70 flights and triggered inspections of the carrier's fleet of 48 Airbus A350 jets. Other airlines, such as Japan Airlines, conducted inspections on similar models in their fleets following the incident. The report released Thursday recommended that Rolls-Royce, which makes the Trent XWB-84 and XWB-97 engines that power A
Show less
Read more
Impact Snapshot
Event Time:
CPCAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPCAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPCAY alerts
High impacting CATHAY PAC AIRWAYS S/ADR news events
Weekly update
A roundup of the hottest topics
CPCAY
News
- Recent Price Trend in Cathay Pacific Airways (CPCAY) is Your Friend, Here's Why [Yahoo! Finance]Yahoo! Finance
- FII 2024: Hong Kong delegation secures billions of dollars in Saudi funds from dozen deals [Yahoo! Finance]Yahoo! Finance
- Cathay Pacific's New Business Class Is All About Quiet Luxury [Financial Post (Toronto, Ontario, Canada)]Financial Post
- ICONSIAM Wins Asia's Most Innovative Shopping Experience Award from Cathay Members' Choice Awards 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Prelim probe finds ruptured fuel hose on Cathay Pacific A350 in Sept 2 incident [Seeking Alpha]Seeking Alpha