The late ticker
Sunday 01 June 1997
as 11 aircraft in its 62-strong fleet remain grounded due to
The carrier has been cancelling flights for a week after it grounded its Airbus A330-300 fleet due to problems with the Rolls-Royce engine gearboxes, which had led to in-flight engine shutdowns.
The airline said it would take three weeks to get its entire fleet airborne. This would push up the estimated lost income from the cancellations to HK$123m (pounds 10m). The airline may seek compensation from Rolls-Royce.
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