Yahoo Finance United Airlines (UAL) Calls Off Flights on Inspection Failure
Per a Reuters report, United Airlines Holdings, Inc. UAL has canceled 25 Boeing 777-200 airplanes from service this week on failure to complete the required inspections on the wing leading-edge panels. On Monday night and Tuesday morning, it canceled around 18 flights.
United Airlines had already reported the issue to the Federal Aviation Administration ("FAA") through an internal audit, after which a plan was made accordingly to conduct the inspections.
The airline has completed inspections of 10 aircrafts and is coordinating with the FAA to complete the remaining ones.
While inspections will be carried for the next two weeks, the FAA is also trying to understand what led to the delay. The latest wing leading-edge panel inspections of 777-200 planes are not related to engines or recent engine work and are expected to get completed overnight.
We remind investors that United Airlines’ Boeing 777 jets, powered by Pratt & Whitney 4000 engines, had been grounded after a Honolulu-bound flight suffered an engine failure in February 2021 and made an emergency landing at the Denver International Airport. Following the explosion of the engine debris rained on Denver suburbs. However, no one suffered injuries and the aircraft landed safely.
Such flight disruptions due to inspection failure seem to be a hindrance for this Zacks Rank #3 (Hold) airline company. Notably, shares of United Airlines have lost 12.8% year to date compared with 20% decline of the industry it belongs to.
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