financetom
Business
financetom
/
Business
/
India finds engine switch movement in fatal Air India crash, no immediate action for Boeing or GE
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India finds engine switch movement in fatal Air India crash, no immediate action for Boeing or GE
Jul 11, 2025 1:49 PM

July 12 (Reuters) - A preliminary report by Indian

aviation accident investigators said on Saturday the fatal Air

India crash that killed 260 people in Ahmedabad last month

showed the plane engines' fuel switches shifting from run to

cutoff within seconds of each other.

"At this stage of investigation, there are no recommended

actions to Boeing 787-8 and/or GE GEnx-1B engine

operators and manufacturers" India's Aircraft Accident

Investigation Bureau said.

The agency, an office under India's civil aviation

ministry, is leading the probe into the world's deadliest

aviation accident in a decade.

(Reporting by Hritam Mukherjee and Gursimran Kaur in Bengaluru,

Abhijith Ganapavaram in New Delhi; Additional reporting by

Allison Lampert in Montreal & David Shepardson in Washington)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cascades Has Raised Price of URB, according to Truist Securities
Cascades Has Raised Price of URB, according to Truist Securities
Mar 19, 2025
03:05 PM EDT, 03/19/2025 (MT Newswires) -- According to Truist Securities, Fastmarkets RISI reported Wednesday that Cascades (CAS.TO) announced a US$70/ton price increase on uncoated recycled paperboard (URB) effective April 21. It noted CAS is the fourth-largest North American URB producer by capacity. Truist views this announcement as positive for Sonoco Products (SON) and Greif (GEF). Truist said: While the...
Apollo to Acquire Majority Stake in Energy Services Provider OEG
Apollo to Acquire Majority Stake in Energy Services Provider OEG
Mar 19, 2025
02:53 PM EDT, 03/19/2025 (MT Newswires) -- Apollo Global Management ( APO ) agreed to acquire a majority stake in OEG Energy Group from Oaktree Capital Management and other investors in a deal that values the offshore energy services provider at more than $1 billion. Oaktree and other OEG investors will keep a minority stake in the UK-based company, which...
UBS CEO says better early warning will help make banking safer
UBS CEO says better early warning will help make banking safer
Mar 19, 2025
ZURICH (Reuters) - UBS CEO Sergio Ermotti on Wednesday urged authorities to improve their ability to detect problems at banks as he sought to find common ground over efforts to overhaul the Swiss banking sector following the 2023 demise of Credit Suisse. UBS is at the heart of the debate on new regulations because of the significance it assumed when...
AT&T Likely to Report Q1 Revenue Slightly Below Estimates, RBC Capital Markets Says
AT&T Likely to Report Q1 Revenue Slightly Below Estimates, RBC Capital Markets Says
Mar 19, 2025
03:05 PM EDT, 03/19/2025 (MT Newswires) -- AT&T ( T ) is likely to report Q1 revenue slightly below estimates, with EBITDA clocking in ahead of forecasts, RBC Capital Markets said in a note emailed Wednesday. The firm expects Q1 revenue of $30.2 billion and EBITDA of $11.4 billion. The estimates compare to consensus forecasts of $30.4 billion and $11.3...
Copyright 2023-2026 - www.financetom.com All Rights Reserved