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Stock impact report

Qantas plane returns to Australia airport, makes emergency landing due to engine failure [CBS News]

QANTAS AIR LTD S/ADR NEW (QABSY) 
NASDAQ:AMEX Investor Relations: qantas.com/travel/airlines/investors/global/en
Company Research Source: CBS News
Airport, sparking a grassfire on a nearby runway and causing several flights to be diverted. The Qantas flight, QF520, was bound for Brisbane and was circling for a "short period of time" before landing safely back at Sydney Airport, Qantas Chief Pilot Captain Richard Tobiano said in the statement. There was no initial word on the number of people on board. "Qantas engineers have conducted a preliminary inspection of the engine and confirmed it was a contained engine failure," the airline said. "While customers would have heard a loud bang, there was not an explosion." The Reuters news agency explains that in a contained engine failure, the engine's parts stay inside the protective housing meant to keep them from flying out. If they do, they could cause severe damage to the main body of a plane. Airservices Australia, the government's aviation regulator, said the engine failure caused "a grass area adjacent to the runway to catch fire" that was swiftly extinguished by firefi Show less Read more
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