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Qantas, Rolls Royce reach settlement - Yahoo! News

SYDNEY – Australia's flagship carrier Qantas said Wednesday it has reached a 95 million Australian dollars ($100 million) settlement with Rolls Royce over last year's mid-air disintegration of a superjumbo engine, which temporarily forced the grounding of its entire fleet of A380s.

Qantas CEO Alan Joyce said the terms of the agreement are confidential,dresses wholesaler, but said the settlement's profit and loss impact would amount to a 95 million Australian dollars ($100 million) boost for the Australian carrier.

The Australian Transport Safety Bureau's interim report on the A380 incident said a manufacturing defect in an oil pipe deep within one of the engines led to an oil leak,dresses online, which sparked a fire. The fire caused a disintegration of one of the engine's giant turbine discs, sending pieces of it shooting through the plane's wing.

In November, a Rolls Royce engine on a Qantas A380 disintegrated shortly after takeoff from Singapore, forcing the plane to make an emergency landing.

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