Shares in engineering firm slide as airline cancels flights after finding engine component failure on aircraftShares in Rolls-Royce, the leading British engineering company, were the biggest faller on the FTSE 100 on Monday after Cathay Pacific Airways identified an engine component failure on an aircraft and began inspecting its entire Airbus A350 fleet.The Hong Kong-based airline, which has cancelled 24 return flights so far while it performs the “precautionary” checks, said a number of aircraft would be out of service for several days. Shares in Rolls-Royce closed down 6%. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/sep/02/rolls-royce-ftse-100-biggest-faller-cathay-pacific-inspects-a350
Author : Jane Croft
Publish date : 2024-09-02 19:29:14
Copyright for syndicated content belongs to the linked Source.