– Caught On Tape – Stunning Near Miss On Barcelona Runway (ZeroHedge, July 7, 2014):
Boeing has had a tough week or two – the scandal over Ex-Im bank – its cheap funding source of competitive advantage, this weekend’s train derailment of Boeing fuselages, and now, in Barcelona, a 767 and an Airbus A340 battle for the same airspace coming within a few hundred feet of total carnage.
The dramatic moment two planes almost collided on a runway in Barcelona has been captured on camera.
The footage reveals the near-miss between a Boeing 767 from Russian airline Utair and an Aerolineas Argentinas Airbus A340 at El Prat Airport in Spain.
It shows the Boeing coming in to land on the runway, making its final approach, as the Airbus, getting ready for a flight to Buenos Aires, taxis across its path.
The Boeing is forced to abort the landing, with the pilot carrying out an emergency ‘go-around’ procedure.
The jet, which had travelled from Russia, landed safely shortly afterwards.
It comes just days after two planes narrowly averted a midair crash near the Bush Intercontinental Airport in Houston.
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We can only hope Janet Yellen’s ‘macro-prudential’ policies will be less of a near-miss of the total collapse in risk assets we suspect is coming…