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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Korean Air Lines Co., Ltd.    A003490   KR7003490000

KOREAN AIR LINES CO., LTD.

(A003490)
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FAA working 'nonstop' on United Airlines Boeing 777 engine failure probe - administrator

02/23/2021 | 01:51pm EST
FILE PHOTO: The damaged starboard engine of United Airlines flight 328 is seen following a Feb. 20 engine failure incident

WASHINGTON (Reuters) - Federal Aviation Administration (FAA) chief Steve Dickson said Tuesday the agency is acting quickly to finalize a new emergency airworthiness directive that will require stepped-up inspections of all Boeing 777-200 airplanes with Pratt & Whitney PW400 engines after an engine failure on a United Airlines flight.

The agency announced Sunday it would soon issue a directive, while United said it would ground its fleet of 777s with the engine in question pending the FAA directive.

"We have been working on this nonstop since Saturday afternoon and I am confident that we will get it right," Dickson said. "We want to understand what happened and then take the necessary steps to prevent a similar occurrence in the future."

(This story fixes headline from 77 to 777))

(Reporting by David Shepardson, Editing by Franklin Paul)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ANA HOLDINGS INC. -0.14% 2530.5 End-of-day quote.11.13%
ASIANA AIRLINES, INC. -0.34% 14700 End-of-day quote.16.39%
JAPAN AIRLINES CO., LTD. 0.12% 2507 End-of-day quote.25.66%
KOREAN AIR LINES CO., LTD. -1.25% 27700 End-of-day quote.1.84%
UNITED CONTINENTAL HOLDINGS, INC. -2.94% 50.52 Delayed Quote.20.35%
All news about KOREAN AIR LINES CO., LTD.
02/24FAA orders inspections of some Boeing 777 engines after United fire
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02/24MARKET CHATTER : Transport Ministry Orders South Korean Airlines to Inspect Boei..
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02/24South Korea grounds all local airlines' Boeing 777s with PW4000 engines
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02/23FAA working 'nonstop' on United Airlines Boeing 777 engine failure probe - ad..
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02/22EASA says Boeing 747 cargo plane engine incident unrelated to 777
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02/21Boeing recommends airlines suspend use of some 777s after United incident
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02/15MARKET CHATTER : South Korea's Air Passenger Traffic Tumbles 68% in 2020: Transp..
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Financials
Sales 2020 7 676 B 6,81 B 6,81 B
Net income 2020 -359 B -0,32 B -0,32 B
Net Debt 2020 13 440 B 11,9 B 11,9 B
P/E ratio 2020 -11,7x
Yield 2020 -
Capitalization 4 869 B 4 305 M 4 319 M
EV / Sales 2020 2,39x
EV / Sales 2021 1,91x
Nbr of Employees -
Free-Float 31,1%
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Technical analysis trends KOREAN AIR LINES CO., LTD.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 29 000,00 KRW
Last Close Price 27 700,00 KRW
Spread / Highest target 26,4%
Spread / Average Target 4,69%
Spread / Lowest Target -20,6%
EPS Revisions
Managers and Directors
NameTitle
Won-Tae Cho President, Co-Chief Executive Officer & Director
Gi-Hong Woo Co-CEO, Director & Head-Strategy Management
Eun-Yong Ha Senior Managing Director & Head-Finance
Soo-Geun Lee Director & Vice President-Technology
Jae-Il Kim Independent Director
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