Passenger Transportation Services

Malaysia Aviation Group (MAG) announced on Wednesday that it had signed an agreement with the Sarawak government on the sale and transfer its MASwing carrier. The deal is expected to be finalized by the end the year. The financial details were not disclosed. The deal follows a Memorandum of Understanding signed on October 27, 2020, with Hornbill Skyways owned by Sarawak to purchase a majority stake in MASwings. The transfer should be completed before the end of this year. MAG is working closely with all parties, including Khazanah Nasional Berhad as the shareholder, to ensure a smooth transition and compliance...

The following are the leading stories in the Wall Street Journal. Reuters has not validated these stories and does not vouch for their accuracy. - OpenAI remains in early speak to raise as much as $40 billion in a. funding round that would value the ChatGPT maker as high as $300. billion. - Waste Management will shed 1,000 jobs this year,. accelerating its automation efforts, which will lower its. headcount by thousands and move the company better to its objective. of $450 million in expense cuts. - Allstate will sell its Group Health service to. Nationwide for $1.25 billion in...

Private investigators plan to push forward on Friday with efforts to retrieve the two airplane associated with a crash in Washington that killed 67 people and raised questions about air safety in the U.S. capital. Fresh from recovering the so-called black boxes from the American Airlines airplane that crashed into the Potomac River after hitting an Army Black Hawk helicopter on Wednesday, scuba divers intend to restore the airplane and discover additional elements on Friday, Washington's fire department said. Overnight, boats will remain on scene for security and surface searches from regional, state, and federal regional partners, it stated. The...

The leading Democrat on the Senate Commerce Committee stated Thursday the United States requires to reevaluate the considerable military helicopter flights near among the most overloaded U.S. airports after a midair crash in Washington killed 67 individuals. The big concern I have is why do you have a military training flight so close to the path that people are supposed to land ... Why is that passage right on top of the (civilian). flight passage?, stated Senator Maria Cantwell in an interview. A 2021 report said there are about 11,000 military. helicopter flights each year within 30 miles of Reagan...

U.S. commercial pilot Rick Redfern was preparing to land at Reagan Washington National Airport about a years back when he found a bright red Coast Guard helicopter hovering about 50 feet (15 m) above the Potomac River. Air traffic control service without delay cautioned the helicopter pilot to remain clear, and Redfern said he utilized evasive maneuvers to avoid it and avert a prospective disaster and that was in daytime, when visibility was clearer. During the night the light can disorient you as to what you might believe you are seeing as to what you in fact are seeing, Redfern...

Atlassian on Thursday predicted thirdquarter earnings above quotes and raised its annual revenue projection, signifying strong need for the business software application maker's synthetic intelligenceenabled cloud services, sending its shares up 16% in extended trading. Atlassian is gaining from the accelerated adoption of AI-enabled job management and software as companies look for to improve performance and reduce costs. Strong business sales execution drove better-than-expected revenue across both our cloud and information center offerings, as we provided 30% year-over-year growth in subscription income in the 2nd quarter, stated Financial Chief Joe Binz. The business's cooperation tools, such as Jira for preparation...

An American Airlines regional traveler jet was associated with a midair collision on Wednesday night with a U.S. Army Black Hawk helicopter near Reagan Washington National Airport, authorities said. Senator Ted Cruz of Texas stated on social networks that we know there are casualties, though he did not say how many. These are the last 11 fatal airline crashes to occur in the U.S., according to information from the U.S. National Transport Board and the Flight Safety Structure's Aviation Security Network: 2013. An Asiana Airlines aircraft crashed at 2009 A Colgan Air turboprop crashed on technique to landing in. Buffalo,...

An American Airlines regional passenger jet was associated with a midair accident on Wednesday night with a U.S. Army Black Hawk helicopter near Reagan Washington National Airport, officials said. Senator Ted Cruz of Texas stated on social networks that we know there are casualties, though he did not state how many. These are the last 11 fatal airline crashes to occur in the U.S., according to data from the U.S. National Transport Board and the Flight Safety Structure's Aviation Security Network: 2013. An Asiana Airlines airplane crashed at 2009 A Colgan Air turboprop crashed on approach to landing in. Buffalo,...

U.S. business pilot Rick Redfern was preparing to land at Reagan Washington National Airport a. decade earlier when he spotted a Coast Guard helicopter hovering. about 50 feet off the Potomac River. Air traffic control service. without delay cautioned the helicopter pilot to stay clear, averting a. potential catastrophe. A crash on Wednesday night in between a Black Hawk armed force. helicopter and an American Eagle CRJ 700 jet, which killed more. than 60 individuals, has stirred haunting memories for Redfern and. other pilots who have actually faced obstacles landing at Washington. airport. Airplanes approaching the airport must browse an...

U.S. President Donald Trump on Thursday said that he had actually appointed a former senior aviation authorities as the acting head of the Federal Aviation Administration administrator. The announcement comes after an American Airlines local passenger jet hit a U.S. Army Black Hawk helicopter and crashed into the Potomac River near Reagan Washington National Airport. Chris Rocheleau, a U.S. Air Force veteran who operated at the FAA for more than twenty years, was previously primary operating officer of the National Service Aviation Association. Sources said Liam McKenna, who was the counsel to the Senate Commerce Committee, has been called primary...

The U.S. Army helicopter involved in an over night collision with a guest jet near Washington involved a relatively knowledgeable team that was operating with night vision safety glasses, U.S. Defense Secretary Pete Hegseth stated on Thursday, as the Pentagon purchased a 48hour time out in flying for the system associated with the crash. A U.S. Army Black Hawk helicopter hit an American Airlines guest jet on Wednesday night near Ronald Reagan Washington National Airport, with both aircraft plunging into the Potomac River. The military helicopter was on a training flight, but it is uncertain what caused the crash. Authorities...

The U.S. Army system whose helicopter was involved in the over night collision with a. traveler jet near Washington has been placed on a functional. time out, two U.S. authorities informed Reuters on Thursday, significance. helicopters from that unit will not be flying for the time. being. A U.S. Army BlackHawk helicopter hit an American. Airlines passenger jet on Wednesday night near Reagan Washington. National Airport, with both aircraft plunging into the Potomac. River. The military helicopter was on a training flight, but it. is uncertain what caused the crash. Authorities have actually stated there. were no survivors. Among the...

The following are the leading stories on the business pages of British papers. Reuters has not verified these stories and does not attest their accuracy. The Times - Ryanair Chief Executive Michael O'Leary has actually stated that he anticipates U.S. President Donald Trump's administration will be far more encouraging of the hoped-for healing at Boeing than the previous administration. - British automotive parts provider Dowlais has become the current British public business to attract interest from a U.S. peer American Axle after agreeing on an offer that values the group at 1.2 billion pounds ($ 1.49 billion). The Guardian -...

Issues about dispute in the Middle East have triggered worldwide airline companies to suspend flights to the area, though some are resuming the routes as a ceasefire agreement between Israel and Hamas was announced. Below are a few of the airline companies that have suspended services to and from the region: AEGEAN AIRLINES The Greek airline company in August cancelled flights to and from Beirut till March 29. AIR ALGERIE The Algerian airline has suspended flights to and from Lebanon up until more notice, it said on Aug. 1. AIRBALTIC Latvia's airBaltic has actually cancelled flights to and from Tel...

The world's biggest airplane lessors forecast on Monday that producing delays would drag out up until the end of the decade at least, keeping prices high and restricting the entry of brand-new gamers into a market that controls half of the world's jets. The world's leading lessors, all amongst the biggest buyers of Boeing and Airbus aircraft, traded stories of crippling hold-ups and sky-high lease rates paid by airline clients at the yearly Airline company Economics conference in Ireland, where most of the market is based. Neither Jet nor Boeing have actually had the ability to satisfy any - and...

The flight data and cockpit voice recorders on the Jeju Air jet that crashed on Dec. 29 stopped recording about four minutes before the airliner hit a. concrete structure at South Korea's Muan airport, the transportation. ministry said on Saturday. Authorities examining the catastrophe that eliminated 179. people, the worst on South Korean soil, plan to evaluate what. caused the black boxes to stop recording, the ministry said in. a declaration. The voice recorder was initially evaluated in South Korea,. and, when information was found to be missing, then sent to a U.S. National Transport Security Board lab, the ministry....

A longrunning production deficiency by planemakers will underpin supply and demand characteristics that are enhancing airline and lessor profits for at least another decade, the head of the world's secondlargest aircraft leasing company Avolon said on Friday. Airplane makers and providers have struggled to keep up with a post-pandemic healing in travel due to rising costs, labour and parts scarcities, problems that have been intensified by safety issues at Boeing and a strike by its personnel last year. Avolon's annual outlook report anticipated that airline companies' web earnings would rise by 16% to over $36 billion in 2025, driven by...

South Korea's. transport minister said on Tuesday he means to step down to. take duty for the lethal crash of a Boeing jet. run by Jeju Air on Dec. 29. Jeju Air 7C2216, which left the Thai capital of Bangkok. for Muan in southwestern South Korea, belly-landed and overshot. the regional airport's runway, exploding into flames after. striking an embankment. I feel heavy obligation for this disaster, Park. Sang-woo informed a press rundown. He said he will search for the ideal timing to resign after. addressing the existing scenario. The transport ministry also said it will swiftly enhance the. safety...

Guangzhoubased Pony.ai Inc. is looking for to release its robotaxi services in Hong. Kong, signing up with Baidu in a race to supply services in. the city, as the self-governing driving firm looks to broaden its. operations internationally. Nasdaq-listed Pony.ai strategies to supply robotaxi travelling. services for airport personnel within Hong Kong International. Airport before broadening into other city locations in the city, the. company stated in a declaration late on Friday. It did not provide a. timespan for the launch. Chinese artificial intelligence giant Baidu is likewise considering. the launch of its driverless taxi service in the city after...

China's capital Beijing passed brand-new regulations on Tuesday to encourage self-governing driving technology in the city, with authorities preparing to ultimately permit driverless public buses and taxis. Self-governing automobiles that pass roadway screening and security assessments will be enabled to look for roadway trials, the state-backed Beijing Daily paper reported, which stated the new guidelines take effect from April 1. The city supports making use of autonomous automobiles for personal vehicles, metropolitan buses, cable cars and taxis, it said, adding that it wishes to encourage the building and construction of smart road infrastructure to support such transport. In a separate...

A South Korean Jeju Air passenger jet crashed on landing at Muan International Airport on Sunday, eliminating 179 individuals in the nation's deadliest air disaster. The following are the final minutes of Flight 7C2216 as offered by South Korea's transport ministry and fire authorities. Perpetuity are Korea Requirement Time (GMT +9). 8:54 a.m. - Muan airport air traffic control service authorises the airplane to arrive at runway 01, which is orientated at 10 degrees east of north. 8:57 a.m. - Air traffic control provides caution - bird activity advisory. 8:59 a.m. - Flight 7C2216 pilot reports bird strike, states emergency...

South Korea's acting President Choi Sangmok on Monday purchased an emergency situation security evaluation of the country's entire airline operation system once the healing work on the Jeju Air crash is finished. South Korea's deadliest air accident ever killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, emerging in a fireball as it slammed into a wall at Muan International Airport. The top concern in the meantime is identifying the victims, supporting their families and treating the two survivors for which no readily available resources ought to be spared, Choi told a....

Uncertainty surrounds the deadliest airplane crash on South Korean soil, air travel specialists said on Sunday, questioning how much impact a possible bird strike pointed out by authorities might have had in lowering the Jeju Air flight. The apparent absence of landing equipment, the timing of the twin-engine Boeing 737-800's tummy landing at Muan International Airport and the reports of a possible bird strike all raised questions that could not yet be responded to. The single-aisle airplane was seen in video broadcast on local media skidding down the runway without any landing equipment released in the past hitting a wall...

The crash of Jeju Air flight 7C2216 on Sunday marks the deadliest ever on South Korean soil and the worst including a South Korean airline given that a 1997 Korean Air Lines crash in Guam that killed more than 200. The crash of the Boeing 737-800 at Muan International Airport is the very first deadly accident involving the nation's. greatest budget plan airline, which was founded in 2005. Jeju Air. ranks just behind Korean Air Lines and Asiana. Airlines in regards to the number of travelers in South Korea. The previous most lethal air accident in South Korea remained in....