AN A320 CREW; DEPARTING EWR; EXPERIENCED A #1 ENG FAILURE CLBING THROUGH FL240; DIVERTED TO IAD.

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4 DAYS; GOOD COCKPIT COM/COORD WITHIN COCKPIT SOP WITH FO XXXXXX. FLT XXX EWR-LAX NORMAL. TKOF SOME WX. SHORTLY AFTER; CLBING FL240; A SUDDEN SURGE/JOLT FELT THROUGHOUT THE CABIN FOLLOWED BY ECAM OF ENG #1 EGT EXCEEDANCE. WE BOTH REALIZED THE STALLING CHARACTERISTICS OF ENG. LEVELED OFF AT FL244 AND PERFORMED APPROPRIATE CHKLISTS. EXCELLENT DIVISION OF WORKLOAD SINCE FO WAS AWARE OF CHKLISTS AND ECAM PROPERTIES. ATC WAS INFORMED OF OUR INTENTION FOR IAD DIVERSION. THEY WERE VERY COOPERATIVE IN REGARDS TO LESS COM AND DEFINITIVE STATEMENT WITH SUFFICIENT TIME FOR US TO RESPOND. CABIN ADVISORY WAS GIVEN TO #1 FLT ATTENDANT. SHE KEPT US INFORMED OF 'HOW GOZ-IT' IN THE CABIN. VERY HELPFUL SET OF FLT ATTENDANTS; A REAL GOOD CROWD TO WORK WITH. SINCE THE INITIAL BANG HAD FEARED MANY PAX; WE LEFT CHANNEL X ON AND ENCOURAGED FOLKS TO LISTEN ON. ALSO GAVE THEM AN HONEST DESCRIPTION OF THE NATURE OF IRREGULARITY AND THE AMOUNT OF TRAINING WE TAKE FOR SUCH THINGS. MY SINCERE THANKS TO THE CREW FOR JOB WELL DONE; AND ALSO NOT THE LAST; BUT [NOT LEAST] ALL THE FOLKS AT A320 TRAINING FLEET. SUPPLEMENTAL INFO FROM ACN 425784: ON CLBOUT FROM EWR THROUGH FL240; #1 ENG COMPRESSOR STALLED. EGT LIMITS EXCEEDED. EMER DECLARED AND ACFT LANDED AT IAD WITHOUT INCIDENT.