One week after one of its jet engines exploded in mid-air, Rolls-Royce said it will miss its profit target for 2010.
Rolls-Royce said that growth in underlying profit will be “slightly lower” than the expected 4% to 5%, Bloomberg News reported.
The…
Qantas has a lot riding on its reputation for safety, which only raises the stakes for the airline after the engine explosion on one of its Airbus A380s Thursday. It temporarily grounded its six A380s, but the airline needs a l…
A flawed part or design failing may have caused the engine on board a Qantas Airways (QUBSF) Airbus A380 to explode in mid-air, Qantas CEO Alan Joyce said.
The explosion on a Thursday flight from Singapore to Sydney, Australia scattered debris across…