- The Japan Aviation Accident Probe is receiving international collaboration. Notably, the National Transportation Safety Board (NTSB) Chair, Jennifer Homendy, affirmed US assistance for the evaluation of Honeywell-manufactured recorders.
- The accident involved a Japan Airlines Airbus A350 and a turboprop by De Havilland Dash-8 of the Coast Guard. Though all 379 passengers safely exited the flaming jet, five of the six crew members aboard the Coast Guard plane succumbed to the incident.
- The avionic devices in contention were manufactured by Honeywell and L3Harris, who respectively confirmed, and declined involvement in the ongoing investigation.
- The international agreement in aviation investigations, Annex 13, provides the basis that the investigation is conducted by the country where the accident happened. Therefore, other countries with a pertinent role may be included as well.
- Airbus and BAE experts are working on this case in collaboration with a representative from Canada’s Transportation Safety Board (TSB).
NTSB Offers Assistance with Honeywell Recorders
Jennifer Homendy, Chairwoman of the National Transportation Safety Board, announced Japan’s request for assistance regarding the Honeywell-created recorders. Homendy emphasized US willingness to aid but left open whether the devices would be transported for analysis in Washington or NTSB staff would fly to Japan.
Details of the Japan Airlines Accident
In the aftermath of Tuesday’s crash involving Japan Airlines (JAL) Airbus A350 and a De Havilland Dash-8, all 379 people on board could deboard before it caught fire. The accident happened at Tokyo’s Haneda airport soon after the landing.
About the Flight Recorders
A representative from Honeywell (NASDAQ:) confirmed their manufacturing of the cockpit voice recorder (CVR) in the Canadian-made Dash-8, but not the flight data recorder (FDR). L3Harris, however, mentioned the production of recorders for both A350 and the Dash-8, and referred subsequent queries about the investigation to NTSB and Japanese authorities.
International Compliance for the Investigation
The Japan Transport Safety Board (JTSB) chose not to comment on the issue of U.S. help. International guidelines for aircraft probes, specified as “Annex 13,” state that the investigation is steered by the country experiencing the mishap, with participation from countries where the aircraft were fabricated.
The Investigation and the Collaborative Effort
The investigation encompasses Airbus and BAE forensics experts, and a delegate from Canada’s TSB, investigating the accident which resulted in the loss of five Coast Guard aircraft crew members. Japan, whilst spearheading the investigation, holds the right to request help from other nations under international norms.
The progression of this investigation may influence investor sentiment towards the aerospace manufacturers involved, possibly causing a shift in trading behaviour within forex markets, especially the USD/JPY pair and NASDAQ-listed Honeywell stocks.