After repeated attempts at re-gaining contact by both Cairo and Rome air traffic control were made and went unanswered, it was realised that another Comet had been lost.

The New York Times wrote that:[4] Britain today weighed the cost of a stunning blow to her proudest pioneer industry – jet civil aviation – as the crash of another Comet airliner was confirmed.

The discovery of at least six bodies and bits of wreckage floating in the sea about 70 miles [110 km] south of Naples put a pall on the last hopes for the British Overseas Airways Corporation craft, missing since 6:57 o'clock last night.

Tonight the Minister of Transport, A. T. Lennox-Boyd withdrew from all Comets the certificate of airworthiness that the aircraft won on 20 January 1952, 'pending further detailed investigations into the causes of the recent disasters.

This second, unexplained Comet crash in three months came less than three weeks after the sleek four-jet de Havilland airliner had been restored to commercial service with about 60 safety modifications.

After an extensive multi-year investigation chaired by Lionel Cohen, Baron Cohen, the official document of findings was released by the Ministry of Transport and Civil Aviation, on 1 February 1955, as Civil Aircraft Accident Report of the Court of Inquiry into the Accidents to Comet G-ALYP on 10 January 1954 and Comet G-ALYY on 8 April 1954.