Qantas Airways Ltd, Australia’s largest carrier, will be subject to “additional safety checks” following three incidents within a week, the Civil Aviation Safety Authority (CASA) said yesterday.
The CASA set up a team of six to review the airline’s maintenance planning and management over the next two weeks. It follows an incident last month when a Qantas aircraft made an emergency landing in Manila after part of its fuselage came off at 8,800m. On Saturday, a flight was forced to return to Sydney soon after takeoff because of a fluid leak in a wing.
“We started thinking, during the course of last week, following the incident near Manila, whether we should do something more,” CASA spokesman Peter Gibson said in a telephone interview. “We have done all our normal safety checks, looking at what they did in response, but we thought it was prudent to do some additional safety checks.”
Qantas said a flight carrying 200 passengers to the Philippines was forced to return to Sydney on Saturday because of a hydraulic leak in a wing.
The captain of the Boeing 767-300 flight to Manila became aware of the leak in the wing’s spoiler actuator section, Qantas spokeswoman Melissa Thomson said in a telephone interview from Sydney.
“There was no safety issue at any time,” she said.
On July 25, a Qantas flight carrying 346 passengers from Hong Kong to Melbourne made an emergency landing in Manila after part of the fuselage came off. Three days later, an aircraft bound for Melbourne returned to Adelaide after the rear doors failed to close.
CASA’s team, headed by its deputy head of operations, Mick Quinn, will look at “the planning and management of maintenance” at Qantas and the “overall safety systems and the way they have been managing recent incidents,” Gibson said.
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
Saudi Arabian Oil Co (Aramco), the Saudi state-owned oil giant, yesterday posted first-quarter profits of US$26 billion, down 4.6 percent from the prior year as falling global oil prices undermine the kingdom’s multitrillion-dollar development plans. Aramco had revenues of US$108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw US$107.2 billion in revenues and profits of US$27.2 billion for the same period last year. Saudi Arabia has promised to invest US$600 billion in the US over the course of US President Donald Trump’s second term. Trump, who is set to touch
SKEPTICAL: An economist said it is possible US and Chinese officials would walk away from the meeting saying talks were productive, without reducing tariffs at all US President Donald Trump hailed a “total reset” in US-China trade relations, ahead of a second day of talks yesterday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early yesterday, Trump praised the “very good” discussions and deemed them “a total reset negotiated in a friendly, but constructive, manner.” The second day of closed-door meetings between US Secretary of the Treasury Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng (何立峰) were due to restart yesterday morning, said a person familiar