The U.S. 'Federal Aviation Administration' announced on Monday that seats?on a large number of?Boeing 737 MAX aircraft registered in the U.S. had been installed incorrectly and needed to be repaired. The seats should be able to support passengers in an emergency landing. The FAA proposed airworthiness directive issued on Monday would be applicable to 453 jets registered in the U.S. The FAA did not specify whether international operators would also be affected. However, they typically follow FAA directives if applicable. In the proposal for an airworthiness directive, the agency stated that "certain passenger seat assemblies were not properly installed in?the...

Federal Aviation Administration (FAA)?said Monday that it would slow flights into three airports in the New York City region and Philadelphia International Airport because of?severe weather and a?staffing shortage for air traffic. Staffing problems at the New York Air Route Traffic Control Center affect flights at John F. Kennedy International, LaGuardia International and Newark Liberty International Airports. FlightAware reported that between 20 and 30 percent of flights at these four airports were cancelled. The FAA reported that ground delays range between 71 and 149 minutes. The FAA continues to try and address the persistent shortage of air traffic control personnel....

The head of the National Transportation Safety Board urged Congress on Monday to end a long-running standoff over competing safety measures in aviation and approve major reforms. Jennifer Homendy, the NTSB's Chairperson, said that "the board" had "provided a roadmap for improving aviation safety and reducing the risk of another mid-air collision." It's now time to take the action promised months ago." The U.S. House of Representatives voted in April 396-10 for a sweeping aviation reform bill that would address dozens of recommendations made after a collision between an American Airlines regional plane and a U.S. Army chopper in January...

Avincis, Europe's leading aerial emergency services company, warns that Europe is not prepared for longer and more severe wildfire seasons. The chief executive of the firm told? Avincis' chief executive told?treffenificaresprache?nemzeug vo Ihre ore the company's CEO John Boag stated that bureaucratic barriers and longer European wildfire seasons have caused regional shortages in both aircraft and experienced pilots. Boag, a helicopter pilot who began his career in Australia's outback herding?cattle in a Bell 47 chopper in 1985, said that "globally, fire seasons have been getting longer. Aircraft are not moving from area to area and it is becoming increasingly difficult...

Irish energy distributor DCC Energy agreed on Monday to a PS5,75 billion ($7.68billion) sale to a U.S. consortium of private equity firms KKR & Energy Capital Partners. This is the second foreign takeover this year of a UK listed company. DCC shareholders can expect to receive PS65.25 in cash per share, a final dividend of 147.22?pence and up to PS1.25 per share if the company sells its Nexora Technology unit for more than $800?million. When asked to explain the reasoning behind the agreement, CEO Donal Murphry said: "We have simplified the group and spent a lot of time on investor...

The European Consumer Federation and a prominent EU legislator are urging the European Commission to make sure that online shoppers do not have to pay?unexpected fees to cover a newly introduced customs duty. The EU introduced a EUR3 fee ($3.41) on low-value ecommerce imports which had previously entered the EU duty-free. BEUC, a group of consumer organizations from 31 European nations, believes that consumers should know the price including taxes. The group found that sometimes duties are only displayed late in the checkout or not at all. This can lead to an unanticipated charge. PostNL and La Poste are two...

The Federal Aviation Administration announced on Friday that major U.S. carriers would need to retrofit their planes to prevent wireless interference by the year 2030. However, they could be eligible for government rebates of up to $2.2 billion to cover these costs. The FAA has mandated that all altimeters must meet the next-generation performance standards to combat interference from 5G spectrum signals, which could lead to 'inaccurate readings. The government will fund the rebates with some of the proceeds from the Federal Communications Commission's C-Band Wireless Auction. The FAA estimates that the cost per aircraft will range from $80,000 to...

Hassan Butt was a 17-year old British student who volunteered at the Farnborough Airshow in this week. For him, nothing was cooler than watching the planes and pondering the physics behind what kept them airborne. He said, as he answered questions from passersby. He wanted to be an aerospace engineer and focus on missiles. There was no shortage in the hall of displays, stalls, and recruitment campaigns aimed at capturing his enthusiasm and luring him along with other potential recruits. Butt was the perfect candidate. But industry bodies and businesses said that there weren't enough people like him. The UK...

Torm, the owner of the Danish flagged oil products tanker Torm Innovation, announced on Friday that the vessel will be sailing to Asia via the Suez Canal with its cargo after Houthi threats against shipping in the southern Red Sea. Yemen's Houthis, who are aligned with Iran, declared a naval blockade on Saudi Arabia?on?Monday. This could open a new front in the Iran War against the U.S. and expand the threat of global energy and trade outside the Gulf. The vessel will sail via the Suez Canal and around Cape Town to Asia, due to the current security situation on...

The owner of the Danish flagged oil products tanker, Torm Innovation, announced on Friday that the vessel will sail to Asia via the Suez Canal with its cargo due to the current security situation in southern Red Sea. The Iran-aligned Houthis declared a naval blocade on 'Monday against Saudi Arabia, opening up a new front in the war between the United States and Iran. This could threaten global energy supplies and trade beyond the Gulf. The vessel will sail via the Suez Canal and around Cape Horn to Asia, due to the current security situation on the southern Red Sea....

Indian?shares dropped on Friday and posted weekly losses as Brent crude briefly reached $100 a barrel in the midst of an escalating Middle?East crisis. HDFC Bank, the largest weight in 'the benchmark indexes', dropped 9.4%, its steepest drop in two-and-a half years, on margin concerns. Axis Bank also fell 7.6%, after reporting lower June quarter net interest margins. The Nifty 50 dropped 0.43% on the day to 23,767.45, and the BSE Sensex fell 0.43% at 76,059.77. This was the fifth consecutive session of losses. Infosys, Interglobe Aviation and BSE?Sensex fell by 0.6% and 0.8 percent, respectively, following weak results for...

Melia, a Spanish hotel group, announced that it had?stopped all operations at its?34 Cuban hotels on Friday due to the?hardening of US sanctions. The island's economic crisis and the escalating sanctions are a major factor. Melia cited operational, financial, and legal difficulties as reasons for leaving the island where it had been a major player since 1990. The hotels were managed by its Portuguese subsidiary, Ilha Bela?Gestao e Turismo. Melia announced last month that it was closing 15 of its hotels. The three major Spanish hotel chains have been involved in the tourism market of the island for decades. The...