East Asia

Delta Air Lines stated Tuesday the wing of among its planes struck a local jet while taxiing cab for departure at Atlanta airport, harming both aircraft. The Federal Air travel Administration stated it will investigate the event that occurred at the crossway of two taxiways around 10:10 a.m. ET. The airline company stated the wing of a Delta Plane A350 that was set to leave for Tokyo-Haneda struck the tail of an Undertaking Air CRJ-900 that was set up to department for LaFayette, Louisiana, resulting in damage to the tail of the local jet and the wing of the A350....

Japan Airlines does not anticipate flight cancellations or delays as a result of assessments purchased by Europe's air safety regulator on engines of Jet A3501000 jets, it said on Friday. The European Union Aviation Safety Company (EASA) stated on Thursday Trent XWB-97 engines made by Rolls-Royce needs to be checked after an engine fire during the flight of a Cathay Pacific jetliner. Rolls-Royce said it was positive in our capability to deliver on the examination routine. Hong Kong-based Cathay Pacific cancelled a variety of flights this week while it checked and fixed A350 engines after a. Zurich-bound jet was required...

The following are the top stories on the New york city Times service pages. Reuters has not verified these stories and does not attest their accuracy. - The U.S Transport Department revealed on Thursday that it was investigating the benefits programs of the country's. four greatest airline companies - United Airlines, Delta Air Lines. , American Airlines and Southwest Airlines. , part of the agency's continuing efforts to strengthen. protections for air tourists. - 7 & & i Holdings has actually rejected a buyout deal. from Alimentation Couche-Tard snubbing an offer that. likely would have been the largest foreign-led acquisition...

The following are the top stories in the Financial Times. Reuters has actually not verified these stories and does not vouch for their precision. Headlines - Telegram's Pavel Durov criticises French authorities' ' misguided method' over his arrest - Court puts block on sale of Raiffeisen bank's Russian arm - Unilever concurs sale of Russia company to Arnest - Thames Water financial institutions analyze money injection to avoid nationalisation - UK needs capital market revamp to bring in ₤ 1tn of investment, says Wilson report - EU air safety regulator orders one-off examinations of some Plane A350s Overview - Telegram...

Europe's top court must reject an appeal by Air France KLM and its Dutch unit KLM, British Airways, Singapore Airlines and some of their peers against cartel fines imposed by EU antitrust regulators in 2017, an adviser to the court said on Thursday. The European Commission 7 years ago reissued fines amounting to 776 million euros to 11 airlines for taking part in a. cartel to fix air cargo prices, after the Luxembourg-based. General Court scrapped its very first choice imposed in 2010 due to. a procedural mistake. The carriers took their complaint back to the lower tribunal. which threw...

Numerous airline companies are performing precautionary evaluations on their Airplane A350 fleets after Hong Kong's Cathay Pacific discovered 15 aircrafts that needed fuel line repair work following the inflight failure of an engine part on Monday. The problem took place on a five-year-old Airbus A350-1000, which utilizes Rolls-Royce's Trent XWB-97 engines, but carriers are also inspecting the more popular A350-900 airplane which utilize a various engine design. Here is what airlines are doing, divided by the design of the airplane: A350-1000 Cathay Pacific identified 15 airplane that needed replacement of engine elements and six have already been repaired, while the...

Airline companies will likely be told there is no immediate need for international look at the Jet A3501000, ending days of unpredictability after an engine emergency situation prompted Cathay Pacific to examine its fleet, two individuals acquainted with the matter said. Some carriers consisting of Singapore Airlines and Japan Airlines had actually been conducting precautionary checks of their entire A350 fleets after Cathay Pacific said it had discovered 15 of its 48 A350 jets required repair work to fuel lines. Barring last-minute changes as private investigators take a look at parts from a Cathay Pacific A350 that went back to...

Airlines will likely be told there is no immediate need for worldwide look at the Airbus A3501000, ending days of uncertainty after an engine emergency prompted Cathay Pacific to examine its fleet, two people familiar with the matter said. Barring last-minute changes as investigators analyze parts from an A350 that went back to base on Monday, Airbus and engine maker Rolls-Royce are expected to transfer to ease broader security concerns in their first instructions to providers on Thursday. Airplane decreased comment and referred inquiries to Hong Kong detectives, who might not be reached. Rolls-Royce and Cathay Pacific did not immediately...

Numerous airline companies are carrying out precautionary inspections on their Airplane A350 fleets after Hong Kong's Cathay Pacific found 15 aircrafts that required fuel line repair work following the inflight failure of an engine part on Monday. The issue happened on a five-year-old Airplane A350-1000, which uses Rolls-Royce's Trent XWB-97 engines, but providers are likewise inspecting the more popular A350-900 airplane which use a different engine design. Here is what airline companies are doing, divided by the design of the aircraft: A350-1000 Cathay Pacific identified 15 airplane that required replacement of engine elements and six have currently been fixed, while...

The following are the top stories on the New york city Times business pages. Reuters has not confirmed these stories and does not attest their accuracy. - Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, 9 years after the German carmaker was discovered to have rigged emissions tests. - Hong Kong's Cathay Pacific Airways stated on Tuesday it had checked its whole Airbus A350 fleet after the in-flight failure of an engine part and found 15 aircraft with components that required replacement. - Linda Sun, a previous assistant to...

Hong Kong's Cathay Pacific Airways said on Tuesday it had actually examined its whole Jet A350 fleet after the inflight failure of a component in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded a number of minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. A source knowledgeable about the matter said a leakage in a fuel system appeared to have caused a short engine fire that was quickly snuffed out by the team of the Zurich-bound jet. The five-year-old...

Hong Kong's Cathay Pacific Airways said on Tuesday it had checked its whole Airbus A350 fleet after the inflight failure of an element in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded several minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. The five-year-old A350-1000 plane performed 2 large circles and dumped fuel over the sea before going back to Hong Kong where it landed securely about 75 minutes after its departure. Cathay Pacific stated it recognized an engine part...

Blackstone will buy Australian data centre group AirTrunk for an implied enterprise value of over A$ 24 billion ($ 16.10 billion), it said on Wednesday, in what would be Blackstone's biggest financial investment in the Asia Pacific area. The alternative possession supervisor, along with the Canada Pension Strategy Financial Investment Board, is obtaining AirTrunk from Macquarie Asset Management (MAM) and the general public Sector Pension Investment Board (PSP). The deal requires approval from the Australian Foreign Investment Review Board (FIRB), offered the property is being bought by overseas parties. At $16.1 billion, the deal is the biggest buyout in Australia...

A consortium led by Blackstone is nearing an offer to get Australian data centre group AirTrunk for A$ 20 billion ($ 13.53 billion) consisting of debt, a. individual with knowledge of the circumstance said on Monday. Blackstone and its partner, the Canada Pension Plan. Investment Board (CPPIB), became the preferred purchaser for. AirTrunk, after outbidding a rival financier group, the person. stated, declining to be named as the info was private. The offer might be announced in the coming days, the person. said. Bloomberg initially reported the news on Monday, adding that. AirTrunk owners Macquarie Group and Canada's Public. Sector...

2 bidding groups led by Blackstone and IFM Investors lodged final deals on Tuesday to purchase Australian data centre group AirTrunk in a transaction worth about A$ 20 billion ($ 13.55 billion), according to two sources with direct knowledge of the matter. Binding bids were due on Tuesday and AirTrunk, along with its advisors Macquarie and Goldman Sachs, is now taking a look at the offers, the sources stated. There is no deadline for choosing a. winning bid, among the sources added. Blackstone quote for AirTrunk along with consortium partner the. Canada Pension Investment Board (CPPIB), one source stated. The...

The government of the Democratic Republic of Congo is opposed to a proposal by Chemaf SA to sell its copper and cobalt mines in the country to China's. Norin Mining, according to a document seen . Chemaf, a veteran partner of products trader Trafigura,. said in June it had actually consented to offer its mines in Congo to the. unit of Chinese state-backed defence and industrial giant, China. North Industries Corp (Norinco). Chemaf put itself up for sale in 2015 due to a cash crunch. that was stalling the expansion of its Etoile and Mutoshi. projects in Congo as cobalt...

Four sources with knowledge of the situation said that sellers who hoped to sell battery metal lead at the Shanghai Futures Exchange were forced to look for supplies overseas or to roll forward contracts after a change in specifications. ShFE declined comment. Shanghai's lead stocks are tightened despite the fact that the global market for lead is well-supplied. This is because the ShFE, in response to the stricter emission regulations in China battery makers, lowered in April the amount of bismuth allowed in lead. China became a net consumer of lead in July after being an exporter for years. The...

Siemens has actually picked Toyota's Vanderlande as a purchaser for its airport logistics unit Siemens Logistics, 3 people knowledgeable about the bidding procedure told Reuters on Thursday. The precise terms are being negotiated and the deal is still pending Siemens' supervisory board approval, two of the sources stated. Both Siemens and Vanderlande decreased to comment on the matter. Vanderlande, owned by Japan's Toyota Industries since 2017, is a Dutch manufacturer of baggage conveyor belts and parcel-sorting systems used in more than 600 airports around the world. It employs 9,000 individuals and makes 2.2 billion euros ($ 2.45 billion) in annual...

The following are the top stories on the New York Times organization pages. Reuters has actually not confirmed these stories and does not vouch for their precision. - Rail freight traffic in Canada came to a standstill early Thursday as the country's two main rail business, Canadian National and Canadian Pacific Kansas City, locked out about 10,000 employees due to a labor disagreement, a move that could trigger supply chain disturbances in the United States and serious economic repercussions within Canada. - Ford Motor said on Wednesday that it is once again slowing the rate of its investments on brand-new...

International Distributions Services , the moms and dad company of Royal Mail, announced on Monday that its parcel services service, GLS, will offer its U.S. freight divisions to Californiabased DC Logistics. The sale is part of GLS' method to focus on its core parcel services at a time the parent firm has consented to a. 3.57-billion-pound ($ 4.56 billion) takeover by Czech billionaire. Daniel Kretinsky, following challenges such as labour strikes,. tough competition and loss of market share. GLS Group is divesting the GLS United States Freight and GLS United States. Business Solutions Inc. divisions to DC Logistics, a company....

Attacks on vessels in the Red Sea by Iranaligned Houthi militants have disrupted a shipping path vital to eastwest trade, with extended rerouting of shipments pushing freight rates higher and triggering blockage in Asian and European ports. Below are actions taken by some shipping business (in. alphabetical order): CMA CGM The French shipping group has suspended most Red Sea voyages. however is still sending some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said in February. DIANA SHIPPING The business's vessels are avoiding the Suez Canal. Suez Canal transits are...