NTSB: Pilots Tried to Abort Landing in Deadly Amazon Cargo Crash
BA sits 19% above its 52-week low of $176.77.
Summary
NTSB preliminary data shows the pilots of a Boeing 767 cargo jet operated by 21 Air for Amazon Prime Air attempted a go-around after touchdown before the aircraft overran the runway in Miami, killing five. The flight data recorder indicates the nose and right main gear touched down at 158 knots, the left main gear at 134 knots, then throttles were increased to go-around thrust before being reduced to idle 11 seconds before recording ended. No speed brakes or thrust reversers were deployed, and investigators say the plane's systems weren't deployed to slow the jet before the crash. This is the first detailed NTSB account of the crash, which raises questions about pilot decision-making and aircraft systems. The NTSB will interview both pilots on Wednesday and release cockpit voice recorder details, which could clarify the sequence of events.
At the time of this announcement, BA was trading at $210.88 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $166.6B. The 52-week trading range was $176.77 to $254.35. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.