Qantas is continuing to ground its A380 fleet for a further 72 hours after it found oil leaks in some engines that were above the standard thresholds of the aircraft. The oil leaks may explain why one of its A380s threw a blade which resulted in the catastrophic failure of the number two engine and resulted in engine shrapnel tearing two holes in the wing.
Passengers that were to fly on the A380s are to be put on other Qantas aircraft. The aircraft operator has also rented a further plane from its “One World” alliance partner, British Airways.
Unfortunately this incident has marred Rolls-Royce’s reputation that was up till now doing very well despite the downturn in the aircraft industry. Since the incident Roll-Royce’s share price has tumbled dramatically.
Rolls Royce share price tumbles