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Stock impact report

Airbus A350 Checks Ordered by Regulator After Cathay Engine Fire [Yahoo! Finance]

ROLLS ROYCE HLDGS S/ADR (RYCEY) 
NASDAQ:AMEX Investor Relations: rolls-royce.com/investors.aspx
Company Research Source: Yahoo! Finance
Pacific Airways Ltd. flight forced the airline to temporarily ground some aircraft. Most Read from Bloomberg How Air Conditioning Took Over the American Office The Outsized Cost of Expanding US Roads Hong Kong's Arts Hub Turns to Selling Land to Stay Afloat The regulator will issue an emergency airworthiness directive to outline detailed requirements of the fuel-line checks later on Thursday, an EASA spokeswoman said in an email. The EASA action marks the first official confirmation that an engine fire broke out in the incident at the start of this week, causing Flight CX383 to turn around and return to Hong Kong shortly after takeoff for Zurich. Rolls-Royce Holdings Plc makes the Trent XWB-97 engine that powers the A350-1000 model, and EASA said not all A350s may require inspections. The checks will be required “to identify and remove from service any potentially compromised high pressure fuel hoses,” EASA said. Rolls-Royce shares fell as much as 3.4%, adding to decli Show less Read more
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