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The stock market sees it differently:Anome_ said:My point being, that it's not a coincidence if it was caused by the same thing. And, since the two planes don't share a lot of components, and are probably different ages and on different maintenance schedules, it's more likely to be an environmental cause.
Rolls-Royce faces backlash in US over Qantas A380 engine failure
Warning comes as second Qantas jet, also powered by Rolls-Royce technology, returns to Singapore airport after reporting engine problem
Dan Milmo and Tim Webb guardian.co.uk, Friday 5 November 2010
Rolls-Royce was today warned it could face a BP-style backlash in the US after an engine design flaw was cited as a potential cause of the explosion that forced the emergency landing of a Qantas-owned A380 in Singapore on Thursday.
The warning came as a second Qantas jet – a Boeing 747-400 also powered by Rolls-Royce technology – returned to Singapore's Changi airport after reporting an engine problem shortly after take-off today .
Qantas said the second incident was not serious – but it was enough to trigger a further sell-off in Rolls-Royce shares, which closed down 5% for the second day running, a 48-hour period that has wiped £1.2bn off the group's value.
Joe Lampel, a professor at Cass Business School in London, said Rolls-Royce was a serious competitor to the US engine makers GE and Pratt & Whitney, forming a rivalry that mirrored the tensions between the US giant Boeing and Europe's Airbus.
"The news [of Thursday's emergency landing] is attracting a lot of attention in North America, where the parallels between BP and Rolls-Royce are not too far from the mind of some observers," said Lampel, speaking before the second incident.
"Both companies are some of the best-known global British brands, and both challenge American competitors.
"In the case of BP, the company took the brunt for general distrust of deep sea oil drilling, arguably in a way that would not have been the case had the same incident happened to a large American oil company.
"In the case of Rolls-Royce, the incident must be seen in the context of long-standing competitive rivalry between Boeing and Airbus, and between Pratt & Whitney/GE and Rolls-Royce."
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http://www.guardian.co.uk/world/2010/no ... ne-failure