Tag: crash
Written by Gabriel HerveyMarch 24, 2020
Commentary: The world’s airlines are headed for a crash landing. Government parachutes need to be activated now
News Business Article
Commentary Commentary The economic damage to the aviation industry from COVID-19 is expected to extend to every aspect of the global economy, says IATA chief Alexandre de Juniac. FILE PHOTO: An Airbus A380-800 aircraft of Singapore Airlines takes off from Zurich airport, Switzerland October 16, 2019. REUTERS/Arnd Wiegmann/File Photo 24 Mar 2020 06:06AM(Updated: 24 Mar
Written by Gabriel HerveyMarch 23, 2020
Commentary: Are banks strong enough to withstand the coronavirus crash?
News Business Article
SHEFFIELD: One of the most visible outcomes of the COVID-19 crisis is the mayhem in the global stock markets. Between Feb 20 and Mar 19, the S&P 500 index plunged from 3,373 to 2,409, the FTSE 250 from 21,866 to 12,830, and the Nikkei from 23,479 to 16,552. Advertisement Advertisement The oil price war, in
Written by Gabriel HerveyMarch 18, 2020
Cabby behind fatal Gleneagles Hospital crash jailed, banned from driving
News Business Article
SINGAPORE: A taxi driver behind a collision in the driveway of a hospital that killed one and injured five others was on Wednesday (Mar 18) sentenced to three weeks’ jail and banned from driving for four years. Ho Kee Hoe, 64, had accidentally stepped on the accelerator pedal instead of the brake, sending his taxi
Written by Gabriel HerveyMarch 9, 2020
Boeing pilot training on 737 MAX ‘inadequate’: Ethiopia crash report
News Business Article
ADDIS ABABA: Ethiopia’s probe of last year’s Ethiopian Airlines crash found that Boeing did not provide sufficient pilot training for the 737 MAX and that crucial flight software was flawed, according to an interim report published on Monday (Mar 9). The crash of the Nairobi-bound Boeing 737 MAX six minutes after takeoff on Mar 10, 2019,
Written by Gabriel HerveyMarch 9, 2020
Cabby admits stepping on wrong pedal in crash at Gleneagles Hospital that left 1 dead, 5 injured
News Business Article
SINGAPORE: A taxi driver accidentally stepped on his accelerator pedal instead of the brake in the driveway of a hospital, causing his cab to surge forward and crash into a car and another taxi. The multi-vehicle collision took the life of a 70-year-old Indonesian man and injured five others including a traffic marshal. Advertisement Advertisement
Written by Gabriel HerveyMarch 9, 2020
Asian shares slammed in panicked trade, oil prices crash
News Business Article
SYDNEY Asian shares were set for a pounding on Monday (Mar 9) as investors fled to bonds to hedge the economic shock of COVID-19, and oil plunged more than 20 per cent after Saudi Arabia slashed its official selling price. The world’s top oil exporter plans to raise its production significantly after the collapse of OPEC’s
Written by Gabriel HerveyMarch 9, 2020
Ethiopians mourn Boeing Max crash victims a year on from disaster
News Business Article
TULU FARA, Ethiopia: Hundreds gathered on Sunday (Mar 8) at the site where Ethiopian Airlines Flight 302 crashed last March, killing all 157 on board, for a ceremony symbolising the country’s emergence from a year-long period of mourning. The crash of the Nairobi-bound Boeing 737 MAX six minutes after takeoff on Mar 10, 2019, triggered the
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Commentary: Bitter truths for Singapore Airlines about this aviation industry crash
SINGAPORE: Among the casualties of the COVID-19 pandemic are millions of individuals who stand at risk of losing their livelihoods and industries on the precipice of the biggest disruption ever. The airline industry is among the most severely affected and is close to being snuffed out after travel bans and restrictions imposed by several governments