Business
Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained – The Times of India
Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning of flight controls.”
The warning follows a JetBlue A320 incident on October 30, when the jet “unexpectedly pitched downward without pilot input.”
India to ground over 350 jets for 2–3 days
In India, more than 350 A320-family aircraft operated by IndiGo and the Air India group will be grounded for the required fix. The upgrade is expected to be completed within 2–3 days, with normal operations likely by Monday or Tuesday.“Inspection and/or Modification on the following subject is mandatory. Please make necessary amendment in below mentioned Mandatory Modification List. This is to be ensured that no person shall operate the product which falls under the applicability of this Mandatory Modification except those which are in accordance with the compliance to requirement of Mandatory Modification (s)/ applicable Airworthiness Directive(s)…” the DGCA said in a notification issued on Saturday.Also Read |Over 300 planes hit: Airbus A320 software snag set to cause major flight disruptions — 10 things to knowGlobally, the issue affects around 6,000 aircraft, although Airbus says not every A320 is impacted. Most jets can be repaired quickly by reverting to an older software version. About 1,000 older planes will need hardware changes, which will take longer, the company said.The grounding is significant because Airbus and its main rival Boeing together control over three-quarters of the world’s commercial aircraft fleet, meaning any large-scale recall has an immediate and widespread impact on global air traffic.
Why Airbus issued the emergency update?
The rare safety directive on Friday follows an October 30 incident involving a JetBlue A320 that “unexpectedly pitched downward without pilot input” while flying from Cancun to Newark. The aircraft suffered a sudden, uncommanded drop in altitude, forcing an emergency diversion to Tampa, where 15–20 passengers were taken to hospitals. The un-commanded drop in altitude prompted a Federal Aviation Administration investigation.The US National Transportation Safety Board said the sudden drop “likely occurred during an ELAC (flight control computer) switch change.” Airbus has since disclosed that a recent incident showed solar flares can corrupt flight-control data, a risk that prompted the company to rush out immediate repair instructions.
What is intense solar radiation risk ?
Investigators have found that ELAC B hardware running software version L104 may be vulnerable to intense solar flares. In extreme cases, this interference could cause the aircraft’s elevators to move unexpectedly, potentially pushing the jet beyond its structural limits, according to Aerospace Global.Solar radiation refers to the stream of energetic particles and electromagnetic waves emitted by the sun, including visible light, ultraviolet rays, and charged particles such as protons and electrons.In aviation, heightened solar activity — such as solar flares or coronal mass ejections — can interact with an aircraft’s electronic systems. This can disrupt sensitive components, including navigation, communication and flight-control data, making solar radiation an important factor in aircraft design, system hardening and overall airspace safety.
List of disrupted A320 operators
Airlines worldwide brace for disruptions
The sweeping recall, one of Airbus’ largest, mandates immediate repairs to 6,000 A320-family jets, affecting more than half the global fleet. The timing has rattled airlines during one of the busiest US travel weekends of the year and is causing disruptions worldwide.Earlier, a Finnair passenger reported nearly an hour’s delay as pilots verified their aircraft’s software version. American Airlines, the largest A320 operator, initially identified about 340 of its 480 jets for the update. “Though we expect some delays as we accomplish these updates, we are intently focused on limiting cancellations, especially with customers returning home from holiday travel,” the airline said in a statement.“Still, our overriding priority will always be the safety of our operation. It’s all hands on deck across our airline to address this Airbus software issue and take care of any customers whose flights are affected” it added.Delta, the fifth-largest A320 operator with 305 aircraft, said it will fully comply with the directive and anticipates only limited impact, with fewer than 50 A321neos requiring the fix. These updates are expected to be completed by Saturday morning. easyJet, meanwhile, has already finished its software upgrades.Colombian carrier Avianca, which has over 70% of its fleet impacted, has paused ticket sales through December 8. Air France is cancelling 35 flights, while Air New Zealand and Volaris are also expecting delays and cancellations.Europe’s aviation regulator, EASA, has instructed airlines to implement the fix “before their next flight,” warning that “These measures may cause short-term disruption to flight schedules and therefore inconvenience to passengers.” “However, as is always the case in aviation, safety is paramount,” it added.
Airlines race to complete fixes that takes hours but…
According to airlines and maintenance experts, the update takes roughly two hours per aircraft, but repair shops are already strained due to ongoing engine-related groundings and labour shortages.The order has triggered one of the biggest software-related recalls in Airbus’s history and arrives at the height of the US holiday travel season, with Sunday and Monday expected to be among Thanksgiving’s busiest flying days. Still, many aircraft are expected to be updated during overnight checks or between scheduled flights.Despite the pressure, many carriers are expected to complete the fix during overnight maintenance windows or in the gaps between scheduled flights. The update itself is straightforward, essentially a rollback to an earlier software version, but must be installed before the aircraft can return to service, except when repositioning to repair centres, according to a bulletin shared with airlines, Reuters reported.Airbus said a recent incident revealed that solar flares can corrupt data essential to flight-control operations, prompting the urgent recall. Industry sources warn that temporary groundings could stretch longer for some carriers, as more than 1,000 affected jets may also require accompanying hardware replacements.Introduced in 1984, the A320 was the first major commercial jet to adopt “fly-by-wire” computerised flight controls. Its closest rival, Boeing’s 737 MAX, was grounded worldwide for an extended period after two fatal crashes in 2018 and 2019 linked to flawed flight-control software.Globally, about 11,300 A320-family jets are currently in service, including 6,440 of the mainline A320 model, which has been flying since 1987.This latest setback is shaping up to be one of the largest recalls in Airbus’ 55-year history. When the company issued the bulletin to more than 350 operators, about 3,000 A320-family aircraft were airborne, underscoring the scale and urgency of the update.
Business
FDA official calls UniQure’s gene therapy a ‘failed’ treatment for Huntington’s disease
Thomas Fuller | SOPA Images | Lightrocket | Getty Images
UniQure needs to run another study to prove that its gene therapy “actually helps people with Huntington’s disease,” a senior U.S. Food and Drug Administration official said on a call with reporters Thursday.
The official, who requested anonymity before discussing sensitive information, confirmed the agency has asked the company to run a placebo controlled trial of its treatment, which is administered directly into the brain. UniQure has said that type of study isn’t ethical because it would require putting people under general anesthesia for hours, a characterization the official disputed.
“So what is really going on? UniQure is the latest company to make a failed therapy for Huntington’s patients,” the official said. “They likely acknowledge or understand at some deep level that their trial failed years ago, and instead of doing the right thing and running the correct clinical study, UniQure is performing a distorted or manipulated comparison in the mind of FDA.”
The comments mark the latest development in a messy public spat between UniQure and the FDA, and as the agency comes under fire for a number of recent drug approval application rejections, including some where companies have accused it of going back on previous guidance. FDA Commissioner Marty Makary in an interview with CNBC’s Becky Quick last week seemingly criticized UniQure’s gene therapy for Huntington’s disease. Makary didn’t name UniQure but described its treatment.
UniQure then accused the FDA of reversing its stance that the company’s clinical trial data would be sufficient to seek approval. UniQure’s study used an outside database to measure how patients with Huntington’s disease might decline without treatment, known as an external control. UniQure has said it wouldn’t be feasible to run a true randomized, double-blind placebo-controlled study, considered the gold standard, because it wouldn’t be ethical to make people undergo a sham hours-long brain surgery.
The FDA official said the agency “never agreed to accept this distorted comparison” and the FDA “never makes such assurances.” Instead, the “FDA will always say, ‘Well, we have to see the data when we get it.'”
UniQure didn’t immediately comment.
The company’s stock rose more than 10% on Thursday and has fallen 58% this year as of Thursday afternoon.
Business
US mortgage rates rise to 6% after three-week slide as oil-driven bond yields climb – The Times of India
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%, AP reported.The modest uptick breaks a three-week slide in borrowing costs, with mortgage rates having hovered close to the 6% mark for most of this year. Last week’s average had marked the first time the rate dipped below 6% since September 2022, reaching its lowest level in nearly three and a half years.Mortgage rates are influenced by several factors, including the Federal Reserve’s interest-rate policy, investor expectations about inflation and economic growth, and movements in the bond market.They typically track the direction of the 10-year US Treasury yield, which lenders use as a benchmark for pricing home loans.The 10-year Treasury yield rose to 4.14% at midday Thursday, up from around 4% a week earlier.Treasury yields have moved higher in recent days as rising oil prices added fresh inflation concerns, potentially complicating the Federal Reserve’s plans to cut interest rates.
Business
US stocks today: Dow tumbles 800 points, S&P 500 and Nasdaq slip as oil surges after Iran tanker strike – The Times of India
US stock markets fell on Thursday as investors turned cautious after the previous session’s rally, while rising oil prices and geopolitical tensions weighed on sentiment.The Dow Jones Industrial Average dropped 801 points, or 1.6 per cent, dragged down by losses in stocks such as Caterpillar and Goldman Sachs. The S&P 500 declined 0.9 per cent, while the Nasdaq Composite fell 0.6 per cent.The selloff came as crude oil prices jumped to their highest level since June 2025 after Iran said it had struck an oil tanker with a missile. US West Texas Intermediate crude futures surged 6 per cent to trade above $79 per barrel, while international benchmark Brent crude futures rose about 3 per cent to more than $84 per barrel. Oil prices had stabilised in the previous trading session.Markets had rallied on Wednesday, supported by gains in technology and semiconductor stocks. The Dow had snapped a three-day losing streak, while the S&P 500 and Nasdaq Composite ended the session with solid gains.Despite the ongoing US-Israeli air campaign against Iran, US markets have performed relatively better than European and Asian counterparts this week, largely supported by a rebound in technology stocks that had been hit hard during February’s selloff.The tech-led recovery in the previous session helped the Nasdaq erase its weekly losses, putting the index on track to end the week in positive territory if gains hold through Friday.Investors remain concerned that prolonged disruption to shipping through the Strait of Hormuz — a key global energy corridor –could push oil prices higher and add to inflationary pressures through rising energy and shipping costs.Markets are particularly wary of crude prices moving towards $100 per barrel, which could complicate the Federal Reserve’s efforts to control inflation while considering interest-rate cuts.“For the past couple of years, bringing inflation down has been the Fed’s entire focus, and they were finally making progress. But if energy stays expensive, inflation could start climbing again and that would force the Fed to rethink its plans,” said Adam Sarhan, chief executive of 50 Park Investments, Reuters quoted.According to data compiled by LSEG, investors are increasingly expecting the Federal Reserve to delay a 25-basis-point interest rate cut to September from the previously anticipated July timeline.Among sectors, healthcare led declines on the S&P 500, dropping 1.6 per cent. The energy index, however, gained 0.7 per cent, with shares of ConocoPhillips and Valero Energy rising about 2 per cent each.The CBOE volatility index (VIX), widely seen as a gauge of market fear, rose 0.9 points to 22.08, reflecting cautious investor sentiment. The small-cap Russell 2000 index fell 1 per cent.Travel and tourism stocks, which are sensitive to fuel costs, were under pressure. Delta Air Lines slipped 3.3 per cent, while Royal Caribbean Cruises declined 0.6 per cent.On the other hand, some travel booking companies rallied sharply. Booking Holdings jumped 11 per cent and Expedia surged 8 per cent after a report by The Information said OpenAI was scaling back on-platform shopping checkout plans for ChatGPT, easing concerns about disruption to online marketplace businesses.Chip stocks showed mixed performance. Nvidia edged down 0.3 per cent, while Marvell Technology gained 1.3 per cent.Shares of Broadcom rose 2.9 per cent after the chip designer projected that its artificial intelligence chip revenue could exceed $100 billion next year.Elsewhere, Trade Desk surged 22.5 per cent following a report that OpenAI had held early discussions with the advertising technology company regarding the sale of advertisements.Economic data released on Thursday showed the number of Americans filing new applications for unemployment benefits remained unchanged last week.Investors are also awaiting remarks from Federal Reserve Vice Chair Michelle Bowman later in the day, ahead of the closely watched non-farm payrolls report due on Friday.On the New York Stock Exchange, declining stocks outnumbered advancers by a ratio of 2.48-to-1, while on the Nasdaq the ratio stood at 1.63-to-1.The S&P 500 recorded four new 52-week highs and two new lows, while the Nasdaq Composite registered 17 new highs and 33 new lows.
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