An Air Inuit Boeing 737-800, registration C-FTUZ performing flight 3H-731 from Montreal,QC to Kuujjuaq,QC (Canada) with 3 crew, was accelerating for takeoff from Montreal's runway 24L. At about 85 KIAS the crew observed indications "ALT" for both engines but decided to continue takeoff as the indication was no immediate threat to the safety of the flight. At 120 KIAS the crew received an IAS DISAGREE indication and rejected takeoff. The aircraft came to a stop on the runway, a burning smell was noticed in the cockpit, tower informed the crew about smoke from the landing gear. Emergency services responded and found two tyres deflated.

The Canadian TSB rated the occurrence an incident without investigation.


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