Crew shut down the aircraft’s remaining good engine due to misidentification and tried to apply power to the seriously damaged one as the aircraft approached the airport. The cabin crew and some passengers- had seen flames coming from the damaged engine but did not tell the pilots. This content is available exclusively to Australian Aviation

MDC, Airbus Predict Growth: Rival airliner manufacturers McDonnell Douglas and Airbus Industrie have both published market forecasts covering the next20 years and have come up with similar overall figures but different details. MDC predicts a total requirement for 14,072 new airliners over the period valued at more than $US1000bn. Of these, widebodies are expected to

Premium Investment Rating Crucial to Successful Qantas Float: Qantas chief financial officer, Mr Graeme Jones, has confirmed that a premium grade credit rating will be essential to the successful float of Qantas later this year. At presstime, in-depth presentations were being given for senior analysts at both Moody’s and Standard & Poor’s with the ultimate

Compass Failure Highlights Need For Adequate Capital Base The unexpected collapse of Compass Airlines has more than ever highlighted the need for new airlines to have adequate capitalisation prior to launch. Compass II went to the jetway after a float which saw just 54% ofthe 100 million 50c shares on offer taken up by investors.