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Market
Fate of the aircraft by end of 2024
5
Resolution / Starting Odds
Aircraft returned to service • 33%
Aircraft permanently decommissioned • 33%
Aircraft sold or transferred • 34%
Official statements from the airline or aviation authority
Story
Light Aircraft with Five Onboard Makes Safe Emergency Landing at Newcastle Airport, No Injuries
May 13, 2024, 03:16 AM
A light aircraft experienced a landing gear failure and was forced to circle Newcastle Airport in New South Wales for up to three hours before making a successful emergency landing without its landing gear. Emergency crews were dispatched to the scene as the plane, carrying up to five people including a pilot and two passengers in their 60s, attempted to burn off fuel to reduce weight for the landing. The pilot managed a flawless final landing after nearly four hours. Authorities confirmed that there were no injuries.
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Grounding by multiple authorities • 25%
Increased inspections but no grounding • 25%
No change in current operations • 25%
Other regulatory actions • 25%
On land • 33%
In water • 33%
Unknown • 34%
Returns to service • 25%
Sold or transferred • 25%
Decommissioned • 25%
Undergoing repairs • 25%
Return to service • 33%
Sold for scrap • 33%
Permanent decommission • 34%
0 • 25%
1 • 25%
2 • 25%
3 or more • 25%
Significant Reduction • 33%
Moderate Reduction • 34%
No Impact • 33%
Narrow-body • 33%
Wide-body • 34%
Regional jets • 33%
No action • 33%
Inspection of jets • 33%
Recall of jets • 33%
Price reductions • 25%
New aircraft announcements • 25%
Enhanced partnerships with other airlines • 25%
No significant change • 25%