Qantas Reports Cost of A380 Engine Failure
Qantas today placed an $80 million price tag on the effect to its business of the November 4 uncontained

Qantas today placed an $80 million price tag on the effect to its business of the November 4 uncontained engine failure on one of its Airbus A380s and the subsequent grounding of its superjumbo fleet. The figure does not include the cost of repair of the damaged aircraft and engines, estimated at no less than $100 million, covered by insurance or by existing contractual arrangements with Rolls-Royce

The company added that it remains in talks with Rolls-Royce about a settlement to compensate the airline for its commercial losses.