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Federal regulators on Thursday released an initial report about the United Parcel Service cargo plane crash that killed 14 people in Kentucky, leading investors to dump shares of GE Aerospace and Boeing, which had merged with the cargo jet’s maker nearly 30 years ago.
The investigation is centering on the UPS
UPS cargo jet’s left pylon, where “evidence of fatigue cracks” were found and the engine separated. There were also areas of “overstress failure” in other parts, the National Transportation Safety Board report said.