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Australian body faults Rolls-Royce over Qantas engine explosion

SINGAPORE/CANBERRA (Reuters) - Rolls-Royce Plc <RROYC.UL> failed to identify a defect that caused one of its engines to explode on a Qantas Airways Ltd <QAN.AX> aircraft carrying more than 400 people over Indonesia three years ago, an Australian safety regulator found.Full story

News Summary: Tycoon Ho buys stake in HK airline

HIGH FLIER: Asian casino tycoon Stanley Ho's transport company is buying a stake in a budget airline that Qantas and China Eastern Airlines are setting up in Hong Kong. Full story

Casino tycoon Ho buys stake in HK budget airline

Asian casino tycoon Stanley Ho's transport company is buying a stake in a budget airline that Qantas and China Eastern Airlines are setting up in Hong Kong, the companies said Thursday. Full story

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Australia's Qantas says Boeing Dreamliner orders on track

Python on a plane! Slithery stowaway shocks passengers

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  Snake on Plane Holds on For Dear Life

CNBC's Carl Quintanilla reports a python hitched a ride on a Qantas plane bound for Papua New Guinea on January 10. A female passenger noticed the snake positioned under the wing and alerted the crew.

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Related Photos

File photo of a Qantas Airways worker inspecting the engines of an Airbus A380 aircraft parked in a hanger at Sydney Airport
File photo of a Qantas Airways worker inspecting the engines of an Airbus A380 aircraft parked in a hanger at Sydney Airport

A Qantas Airways worker inspects the engines of an Airbus A380 aircraft parked in a hanger at Sydney Airport in this April 23, 2013 file photo. Rolls-Royce Plc repeatedly failed to identify a defect that caused one of its engines to explode on a Qantas Airways Ltd aircraft carrying more than 400 peo

Two Qantas passenger jets cross each other at Kingsford Smith International airport in Sydney
Two Qantas passenger jets cross each other at Kingsford Smith International airport in Sydney

Two Qantas passenger jets cross each other at Kingsford Smith International airport in Sydney June 27, 2013. REUTERS/Daniel Munoz

A Qantas plane A380 takes off from Kingsford Smith International airport in Sydney
A Qantas plane A380 takes off from Kingsford Smith International airport in Sydney

A Qantas plane A380 takes off from Kingsford Smith International airport in Sydney June 26, 2013. REUTERS/Daniel Munoz