Page 38 - Aviation
Boeing to pay $2.5 billion to settle US criminal probe into 737 MAX crashes
Boeing admitted in court documents that two of its 737 MAX technical pilots had deceived the FAA about a safety system called MCAS, whose gyrations have been tied to crashes
 "Boeing to pay $2.5 billion to settle US criminal probe into 737 MAX crashes")
Covid-19 reset: How the pandemic has transformed the psychology of ambition
With coronavirus risks, restrictions and quarantines, living abroad isn't so easy anymore. Many global nomads are heading home - or at least, thinking about it
 "Covid-19 reset: How the pandemic has transformed the psychology of ambition")
IndiGo looks to achieve pre-Covid traffic level in first few months of 2021
The airline is gearing-up for the expected demand and plans to Regional routes will take centre stage in aviation's growth especially in the near future
 "IndiGo looks to achieve pre-Covid traffic level in first few months of 2021")
Falling value, e-commerce boom leads to converting jets to freighters
Aviation analytics firm Cirium expects the number of P2F conversions globally will rise by 36% to 90 planes in 2021, and to 109 planes in 2022
 "Falling value, e-commerce boom leads to converting jets to freighters")
New Zealand, Cook Islands announce quarantine-free two-way travel bubble
Both prime ministers and their cabinets have instructed officials to continue working together to put in place all measures required to safely recommence two-way quarantine-free travel
GE warns of more job cuts at aviation unit citing a long road to recovery
The job cuts are the latest setback for the aviation sector, with the industry's woes expected to last into 2021
 "GE warns of more job cuts at aviation unit citing a long road to recovery")
Covid-19 overhauls decades of aviation boom; a third of 50,000 routes shut
With borders effectively shut from Europe to New Zealand, the bulk of the world's dropped routes are inevitably cross-border
 "Covid-19 overhauls decades of aviation boom; a third of 50,000 routes shut")
Future of business travel unclear as coronavirus upends work life
Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council
 "Future of business travel unclear as coronavirus upends work life")
Air India appoints new chiefs in three of its subsidiaries
The national carrier has appointed new heads at some of its subsidiaries
 "Air India appoints new chiefs in three of its subsidiaries")
Alliance Air to focus on cost control, phasing out of expat pilots
Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year
 "Alliance Air to focus on cost control, phasing out of expat pilots")
Air India Express reports highest-ever net profit at Rs 412.77 crore
Air India's low-cost international subsidiary Air India Express reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20
 "Air India Express reports highest-ever net profit at Rs 412.77 crore")
Qantas says Australia virus travel curbs cost it $71 mn in quarterly profit
The airline is running less than 30% of its normal domestic capacity due to border closures
 "Qantas says Australia virus travel curbs cost it $71 mn in quarterly profit")
Cathay Pacific to slash 8,500 jobs, end Cathay Dragon brand due to pandemic
Overall, it will cut 8,500 positions, or 24% of its normal headcount, but that includes 2,600 roles currently unfilled due to cost reduction initiatives
 "Cathay Pacific to slash 8,500 jobs, end Cathay Dragon brand due to pandemic")
US air travel pandemic milestone: One million passengers screened
The number of passengers screened in a single day for flights in the US topped one million for the first time since Covid-19 infections began to spike last March
BS READS: Behind crashes at top flying schools - old planes or bad pilots?
There are doubts about the state of affairs at central govt-led Indira Gandhi Rashtriya Udan Academy, with red flags over its ageing aircraft, 40% of which had completed their technical life by 2019
 "BS READS: Behind crashes at top flying schools - old planes or bad pilots?")
Recovery in domestic air passenger traffic continues in Sept: Icra
Recovery in domestic air passenger traffic continued in September with a sequential growth about 37-39 per cent in passenger volume in the previous month over August, ratings agency Icra said
Boeing to move 787 Dreamliner production to South Carolina in 2021
Boeing said the single site would improve operational efficiency as the US planemaker adjusts to the market downtown and positions for recovery
 "Boeing to move 787 Dreamliner production to South Carolina in 2021")
Custom-made 'Air India One' aircraft for Prez, PM to arrive in India today
A custom-made B777 aircraft, which will be used to fly the president, vice president and the prime minister, is going to arrive from the US in India on Thursday, said government officials
 "Custom-made 'Air India One' aircraft for Prez, PM to arrive in India today")
Boeing executives defend safety decisions in development of 737 MAX
Leverkuhn defended the decision to tie a new safety system on the MAX, called MCAS, to a single sensor that has been implicated in both fatal crashes
Chinese carriers sweep markets: Capture 9 of world's top 10 airline stocks
The global airline industry has been walloped by the coronavirus pandemic, as governments imposed unprecedented border restrictions and people became more reluctant to travel
 "Chinese carriers sweep markets: Capture 9 of world's top 10 airline stocks")