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Indonesia: Faulty component contributed to AirAsia crash

Dec. 01, 2015 8:15 AM ETCapital A Berhad (AIABF) StockEADSY, EADSF, AIABFBy: Yoel Minkoff, SA News Editor
  • Chronic problems with a faulty rudder system and the way pilots tried to respond were major factors in the crash of an Indonesian AirAsia (OTCPK:AIABF) jet last year that killed all 162 people on board, Indonesian investigators are reporting.
  • The Airbus A320 (OTCPK:EADSY) crashed into the Java Sea on Dec. 28, less than halfway into a two-hour flight from Indonesia's second-biggest city of Surabaya to Singapore.
  • "Airbus has just received the final accident report. We are now carefully studying its content," a spokesman said by email.
  • Previously: AirAsia flight goes missing on way to Singapore (Dec. 28 2014)

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