ADVFN - Advanced Financial Network.
HOME» NYSE » C » ZNH Stock Price » ZNH Stock News

China South Air Share News

 China Southern Airlines Co Ltd Stock Price
ZNH Stock Price
 China Southern Airlines Co Ltd Stock Chart
ZNH Stock Chart
 China Southern Airlines Co Ltd Stock News
ZNH Stock News
 China Southern Airlines Co Ltd Company Information
ZNH Company Information
 China Southern Airlines Co Ltd Stock Trades
ZNH Stock Trades

Other Airlines Keep Flying Airbus A380s After Qantas Incident

By David Pearson Of DOW JONES NEWSWIRES PARIS -(Dow Jones)- Airlines in Europe and Asia Thursday said they would keep flying their Airbus A380 fleets after Australian airline Qantas Airways Ltd. (QAN.AU) grounded its six Airbus A380 super-jumbo jets after a mid-air engine failure. A Rolls-Royce Group PLC (RR.LN) Trent 900 engine failed on a Sydney-bound Qantas flight carrying 433 passengers and 26 crew, forcing it to return to Singapore for an emergency landing. Qantas said it would ground its A380 fleet until it was certain the engines were safe. Spokesmen for Airbus, a unit of European Aeronautic Defence & Space Co. (EADSY), and Rolls-Royce said the companies would work closely with Qantas to determine the cause of the incident. However, airlines including Deutsche Lufthansa AG (LHA.XE), Air France-KLM (AF.FR), Emirates, and Singapore Airlines (C6L.SG) said they would keep flying their A380 aircraft while they await further information on the problems that affected the Qantas plane. Some A380s are equipped with Trent 900 engines from Rolls-Royce while others use engines made by Engine Alliance, a joint venture between General Electric Co. (GE) and United Technologies Corp.'s (UTX) Pratt & Whitney unit. The A380s operated by Singapore Airlines and Lufthansa are powered by the Rolls-Royce engines, while those of Air France and Emirates are equipped with the alternative engines. A total of 37 double-decker A380s currently are in service with five airlines. In addition to Qantas' six planes, Singapore Airlines operates 11, Emirates 13, Air France four and Lufthansa three. The incident is potentially more bad news for Rolls-Royce, which been in disputes with Boeing Co. (BA) over problems developing new engines for the new 787 Dreamliner. Boeing has blamed problems with the engine development for delaying the whole Dreamliner project. The European Aviation Safety Agency said Thursday it is in contact with both Airbus and Rolls-Royce regarding the engine failure on the Qantas plane. "If we identify any issue that could affect flight safety then we will of course take immediate action. We take these issues very seriously," a spokesman for the Cologne, Germany-based agency told Dow Jones Newswires. EASA is involved in the Qantas incident because it certified the plane's Rolls-Royce Trent 900 engines as well as the A380 airframe. The investigation into the cause of the engine failure is being led by the Australian Transport Safety Board. This wasn't the first mid-air emergency caused by engine problems on an A380, though it was the first to result in pieces of the engine breaking off. In August, pilots of a Lufthansa A380 flying from Tokyo to Frankfurt shut down one engine after sensors indicated an oil-pressure problem. The plane landed safely in Frankfurt. In September 2009, a Singapore Airlines A380 traveling from Paris to Singapore suffered an engine problem, returned to Paris and landed without injuries. There have been no accidents and no fatalities involving A380s since the aircraft entered into service with Singapore Airlines in 2007. Airbus has sold a total of 234 A380s to date. Other airlines among the 12 that are awaiting deliveries of A380s with Rolls-Royce engines include Malaysian Airline System Bhd. (3786.KU), British Airways PLC (BAY.LN), China Southern Airlines (1055.HK) and Virgin Atlantic. At 1105 GMT, EADS shares traded down 3.1%, underperforming the broadly firmer market with the CAC-40 index up 2.3%. Rolls-Royce's shares traded down 25 pence, or 3.8%, at 629 pence, making it the biggest faller in the benchmark FTSE 100 index, which traded up 1.8%. -By David Pearson, Dow Jones Newswires; +331 4017 1740, david.pearson@dowjones.com (Enda Curran, Cynthia Koons in Sydney, Sarah Sloat in Frankfurt and Kaveri Niththyananthan in London contributed to this report.)

Stock News for China South Air (ZNH)
DateTimeHeadline
10/29/201412:54:54ASIA MARKETS: Japan's Nikkei Leads Asian Stocks Higher
05/21/201409:27:13Chinese Commercial Plane Maker Faces Delays
05/16/201416:55:55ADR Shares End Higher; Total, Baidu Shares Active
05/16/201408:00:14China Southern Airlines to Buy 80 Airbus Aircraft
05/16/201407:22:41China Southern Airlines to Buy 80 Aircraft from Airbus
03/28/201416:51:17ADR Shares End Higher; Aviva Shares Active
03/10/201410:34:44China's Rules for Transit Passengers Are Spotlighted
11/21/201317:27:46ADR Shares End Mixed Amid China Data
07/04/201303:42:06Hainan Air Takes Delivery of First Boeing 787 Aircraft
06/17/201307:34:14AIR SHOW: China Southern Airlines Opts for Pratt & Whitney Engines
05/23/201307:50:08Boeing Scores China Clearance for Dreamliner
05/23/201303:41:12China Regulator Grants Airworthiness Certificate for Boeing 787s...
05/09/201309:33:33China Southern, Air China Shelve Talks on Joint Airbus A380 Flights
05/09/201304:43:41China Southern Shelves Talks With Air China for Joint A380 Flights
05/07/201309:41:04Air China's Board Approves Plan to Buy 100 Aircraft from Airbus
04/05/201317:20:34ADR Shares End Mixed After Disappointing US Jobs Report
04/03/201313:10:16China Spurs Rebound in Airline Growth
12/06/201204:42:23Hong Kong Airlines May Scrap All of Its A380 Orders
12/05/201205:15:38China Southern Buys 10 Airbus A330-300 Aircraft to Boost Capacity
08/03/201206:33:03China Southern: Unit Xiamen Airlines to Buy 40 Boeing 737 Aircraft

China South Air and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad