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United Airlines removing 24 Boeing 777s from service after Denver incident – CTV News

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United Airlines is removing all of its Boeing 777 planes currently in service that are powered by Pratt & Whitney 4000 series engines after the Federal Aviation Administration called for stepped-up inspections.

The airline announced Sunday it was immediately removing the planes “out of an abundance of caution.” The 24 aircraft are part of the 52 777s in the United fleet. The other 28 remain in storage.

The move is voluntary and temporary, United said, and should disrupt only “a small number of customers.”

The announcement came after the FAA issued an emergency order saying it would be stepping up inspections of Boeing 777 airplanes equipped with certain Pratt & Whitney PW4000 engines.

“We reviewed all available safety data following yesterday’s incident,” FAA Administrator Steve Dickson said, referring to the United Airlines flight that was forced to return to Denver International Airport on Saturday after it suffered an engine failure shortly after takeoff, causing debris to fall in greater Denver.

“Based on the initial information, we concluded that the inspection interval should be stepped up for the hollow fan blades that are unique to this model of engine, used solely on Boeing 777 airplanes,” Dickson said.

The National Transportation Safety Board said Sunday an initial examination of the Pratt & Whitney PW4077 engine from United Airlines Flight 328 showed that two fan blades were fractured and the remaining blades exhibited damage “to the tips and leading edges.”

These are preliminary findings and should not be taken as conclusive of what went wrong Saturday, but they are still significant.

Investigators believe a fan blade in the engine of the Boeing 777 that experienced a catastrophic engine failure on Saturday came off and took out another blade, a source familiar with the situation told CNN.

Sunday night, Boeing recommended the suspension of all of its 777 aircraft that have the Pratt & Whitney 4000 engines.

“While the NTSB investigation is ongoing, we recommended suspending operations of the 69 in-service and 59 in-storage 777s powered by Pratt & Whitney 4000-112 engines until the FAA identifies the appropriate inspection protocol,” Boeing’s statement read.

According to the most recent registry data, the only airlines that operate with the affected engines are in the United States, Japan and South Korea. United is the only US operator with this type of engine in its fleet.

Japan’s transportation ministry said it has ordered the country’s domestic airlines to halt operations of Boeing 777 aircraft equipped with Pratt & Whitney PW4000 engines.

“Boeing supports the decision yesterday by the Japan Civil Aviation Bureau, and the FAA’s action today to suspend operations of 777 aircraft powered by Pratt & Whitney 4000-112 engines. We are working with these regulators as they take actions while these planes are on the ground and further inspections are conducted by Pratt & Whitney,” the company said Sunday in its statement.

The NTSB said the “investigator-in-charge for this event along with a powerplant specialist” traveled from Washington to Denver on Sunday morning to assist local NTSB investigators.

The agency said it will be examining “the engine, airplane and the photographs and video taken by passengers aboard United flight 328.” The NTSB will also review the flight data and cockpit voice recorders.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

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TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

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