Narrative:

We were level at 11000' and given a turn by approach control to a heading of 180 degrees. The autoplt was engaged and in the altitude hold mode. I started a turn from 225 to 180 degrees. As we were rolling out of the turn, approach control told us to maintain 11000'. I looked at the altimeter and noticed it was reading 10800' an descending very slowly. I immediately started a climb back to 11000'. At the same time we got a TCAS traffic advisory. I looked at the TCAS and it showed traffic several miles away at our 12 O'clock position and 800' below us. For reasons unknown the autoplt had slipped off of altitude hold. The maximum altitude deviation I showed was 250'. The captain and I discussed the problem and could find no reason for the autoplt to start descending. All warning systems worked and prevented a more serious altitude deviation.

Google
 

Original NASA ASRS Text

Title: ALT OVERSHOT ON DESCENT.

Narrative: WE WERE LEVEL AT 11000' AND GIVEN A TURN BY APCH CTL TO A HDG OF 180 DEGS. THE AUTOPLT WAS ENGAGED AND IN THE ALT HOLD MODE. I STARTED A TURN FROM 225 TO 180 DEGS. AS WE WERE ROLLING OUT OF THE TURN, APCH CTL TOLD US TO MAINTAIN 11000'. I LOOKED AT THE ALTIMETER AND NOTICED IT WAS READING 10800' AN DSNDING VERY SLOWLY. I IMMEDIATELY STARTED A CLB BACK TO 11000'. AT THE SAME TIME WE GOT A TCAS TFC ADVISORY. I LOOKED AT THE TCAS AND IT SHOWED TFC SEVERAL MILES AWAY AT OUR 12 O'CLOCK POS AND 800' BELOW US. FOR REASONS UNKNOWN THE AUTOPLT HAD SLIPPED OFF OF ALT HOLD. THE MAX ALT DEVIATION I SHOWED WAS 250'. THE CAPT AND I DISCUSSED THE PROB AND COULD FIND NO REASON FOR THE AUTOPLT TO START DSNDING. ALL WARNING SYSTEMS WORKED AND PREVENTED A MORE SERIOUS ALT DEVIATION.

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.