Airbus A330 Engine Failure in Delhi, Delta Expands Fleet, June 01

A Swiss Airbus A330 aborted takeoff in New Delhi after engine failure on May 31, injuring six people and prompting investigation into turbine damage. Meanwhile, Delta Air Lines accelerates deployment of the A330-900 to replace its aging 767-300ER fleet and drive network upgauging. Airbus stock rose 1.1% to €179.70 on strong aircraft demand from major carriers.

Swiss A330 Engine Failure in New Delhi

SWISS flight LX147 from New Delhi to Zurich aborted takeoff at 1:27 am local time after the left-hand engine failed during the takeoff roll at 106 knots. The Airbus A330-343 carried 245 people, including 232 passengers and 13 crew members. The flight crew heard a loud bang and observed a large flame from the engine before the aircraft veered left. Pilots brought the plane to a safe stop on the runway. Six people sustained injuries during the incident. The Aircraft Accident Investigation Bureau classified the occurrence as a serious incident and removed flight data recorders for detailed analysis.

Investigators Find Turbine and Compressor Damage

The AAIB visual inspection found small metal particles and debris in the exhaust section of the damaged engine. Investigators are examining crew data, flight data, and air traffic control records to determine the sequence of events. The affected engine will undergo detailed examination to identify the root cause. France’s Bureau of Enquiry and Analysis for Aviation Safety appointed an accredited representative to support the probe. Aircraft manufacturer Airbus is assisting with the investigation.

Delta Expands A330-900 Deployment Across Network

Delta is using the A330-900 to replace its aging Boeing 767-300ER fleet, which is reaching the end of its life. The airline ordered 25 A330-900s in 2014 and is now deploying them for international expansion and network upgauging. Delta’s strategy involves using the A330-900 to launch new transatlantic routes while the larger Boeing 787-10 handles additional expansion. The carrier maintains 30 Boeing 787 options and 20 Airbus widebody options for fleet replacement in the 2030s. This dual-sourcing approach reflects Delta’s balanced strategy between Boeing and Airbus for long-haul aircraft.

Airbus Stock Gains on Strong Aircraft Demand

Airbus stock rose 1.1% to €179.70 on May 31 as major carriers expand fleet modernization. Meyka rates AIR.PA at B+ with a 12-month price target of €225.62, suggesting 25.6% upside. The RSI at 57.64 indicates neutral momentum, while the MACD histogram at 0.58 shows positive trend strength. With Delta and other carriers driving A330-900 demand, Airbus benefits from long-haul aircraft replacement cycles across the industry.

Final Thoughts

The Delhi engine failure highlights aircraft safety scrutiny, while Delta’s A330-900 expansion signals strong demand for modern widebody aircraft. Meyka’s B+ rating and €225.62 target suggest Airbus stock has room to run as fleet modernization accelerates.

FAQs

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.