I will say that it looks like they did get quite low before executing the go around, so that is definitely unusual.
But the concept of going around due to traffic pulling onto the active runway in the last couple hundred feet is quite routine and trained. As long as the traffic is identified then it is the equivalent of stopping if someone pulls in front of you.
Lining up on a taxiway is not exceptionally uncommon. On a visual approach it is more likely, and as long as the error is recognized and corrected then nothing bad happens.
It will be interesting to find out factually how low and late the go around was initiated. If it truly was less than 100' and if the crew didn't see the other aircraft then it is a more serious incident.
But the idea that, with minimal detailed information, if something happened that didn't, it would be horrific, is sensationalism. It doesn't surprise me at all, but the number of times a statement could be made that if some intervention wasn't made then it could have resulted in something catastrophic....that could be said often.
In fairness, it is when things that shouldn't happen do that horrific catstrophies occur. So if you are going to consider every time an unusual occurance happens a potential catastrophe then those occur quite often.
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