08-Nov-2010 12:34 PM
Qantas, Airbus and Rolls-Royce seek to limit the damage as Rolls’ shares plunge 10%
Analysis
Rolls-Royce's shares have fallen almost 9.6% since Thursday morning, 04-Nov-2010, following the explosion of a Trent 900 engine powering a Qantas A380 on a flight from Singapore to Sydney and the overheating of an RB211-524 engine powering a Qantas B747-400, also departing Singapore (ironically with the crew of the A380 aboard, hoping to return to Australia). Qantas shares meanwhile have remained relatively stable and Airbus parent EADS shares rose 0.8% on Friday.
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