Shares in US-based Raytheon, the parent company of Pratt & Whitney, had suffered a 2.9 per cent drop as of 6.20am EST in a blow to one of the main players in the aircraft engine market.
The Pratt & Whitney engine that failed minutes into United Airlines flight 328 showed signs of metal fatigue, investigators with the National Transportation Safety Board said during their first public briefing on Monday.
Watch: United Airlines Engine Explodes Mid-Flight; Immediately Grounds 24 Planes For Safety Check ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.
United Airlines Boeing 777 Undergoes Engine Failure During Flight financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.