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Taiwan's China Airlines divides $11.9 bln aircraft offer in between Boeing and Plane
Taiwan's China Airlines will split an order for its longhaul fleet renewal in between Boeing and European competing Plane and purchase trucks from the U.S. planemaker in a closely seen offer worth practically $12 billion. Taiwan's biggest provider had been thinking about the 777X, of which the 777-9 is an alternative, and A350-1000 as replacements for its fleet of 10 Boeing 777-300ERs and to provide capacity for future development, sources have told Reuters previously. China Airlines stated on Thursday that it would buy 10 Boeing 777-9 airplane and 10 Jet A350-1000s along with 4 777-8 truck airplane for $11.9 billion, with shipments for the new airplane beginning with 2029. China Airlines has actually been actively planning its fleet size and is gradually broadening its existence in the international guest and cargo markets, it said in a declaration. The A350s will be powered by Rolls-Royce engines while the 777-9s will be powered by GE engines, it added. Multibillion-dollar deals for new airplane frequently need to take political along with company considerations into account - specifically in the case of Taiwan, offered its worldwide situation and pressure it faces to succumb to China's. sovereignty claims, which are turned down by the democratically. elected federal government in Taipei. The United States is Taiwan's crucial global. backer and arms supplier in spite of a lack of official diplomatic. ties, and China Airlines' majority owner is the Taiwan. government. China Airlines Chairman Hsieh Shih-chien said in October. that the carrier was not facing any political pressure on the. decision about its long-haul fleet. China Airlines shares closed 1% down on Thursday, in line. with the more comprehensive index.
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Airbus checks brand-new set allowing A400M airlifter to combat fires
European aerospace group Airplane is testing in Spain detachable set that can transform an A400M military transportation aircraft into a plane to fight wildfires, as the world deals with more virulent fires due to climate modification. The tests in El Cubillo de Uceda, 69 km (43 miles) from Madrid, goal to confirm the set's effectiveness when indirectly assaulting wildfires, Plane said. The set, consisting of a tank and two discharge pipes installed in the cargo hold and ramp, can be contributed to any of the over 100 A400M transportation airplane currently flying, so they can enhance the task of fire brigades. You can transform the A400M into an aerial firefighting aircraft rapidly, installing this package in around 2-3 hours, and then you have the ability prepared, Sara Vargas, task manager at Jet Defence and Space, informed Reuters. The equipped airlifter can drop 20 lots of water or retardant onto the blaze, assisting cut off large wildfires that aren't quickly extinguishable. The benefit is that this airplane can fly sluggish and low and is able, with its manoeuvrability, to do this operation with a very high requirement of security, Vargas included. Jet is tapping its clients for prospective buyers of the kit, wanting to see it in usage within a couple of years. Researchers say that while the majority of fires are started by humans, hot and dry conditions driven by climate change help them spread quicker, burn longer and more intensely. Environment Ministry official Alvaro Jimenez told a panel on wildfire management in Madrid on Wednesday that heatwaves, lack of rain and a boost in fuel produced by dwindling rural activity were altering fire conditions.
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South Korea's KHNP states its consortium wins $2 billion Romania nuclear job
South Korea's nuclear power plant operator Korea Hydro & & Nuclear Power (KHNP) said on Thursday its consortium had actually won a task worth about 1.9 billion euros ($ 2 billion) to recondition a nuclear reactor in Romania. KHNP stated in a declaration it had actually signed the contract to recondition Cernavoda Nuclear Power Plant's Unit 1, which aims to guarantee the operation of the unit for another lifecycle. The consortium which will begin work in February 2025, includes the original supplier of the unit's reactor technology, Candu Energy, Ansaldo Nucleare S.p.A, as well as KHNP, which will oversee the execution including replacement of significant components and building and construction of facilities such as a. radioactive waste storage facility. KHNP's share of the project will be about 840 million euros. It will work with South Korean firms such as Doosan. Enerbility, Hyundai E&C, and Samsung C&T. to perform the contract, KHNP said.
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New Asian undersea cable television ADC prepared to operate, developer states
A new undersea fiberoptic cable connecting Japan to Singapore with branches to other Asian countries is all set for operation this month, among the designers stated on Thursday. The Asia Direct Cable (ADC), which has been under development for years, was inaugurated on Wednesday at a. event in Hanoi, Vietnam's capital, Vietnamese military-run. telecom company Viettel said. In addition to Viettel, the 10,000 km-long (6,210 miles). cable television, has actually been developed by SoftBank, China Telecom. Global, China Telecom Corporation, China Unicom. , Singtel, TATA Communications,. National Telecom and PLDT, Viettel Solutions - an unit. of Viettel - said in a declaration. Japan's NEC is the specialist of the job. The cable television will have branches to Thailand, Vietnam, Hong. Kong, China and the Philippines. It will be Vietnam's sixth undersea cable television. The nation plans. to have 15 by 2030. Last week, Reuters reported another job was being. talked about between Vietnamese and Singaporean partners. ADC will support significantly bandwidth-intensive. applications in the region, stated Tomonori Uematsu, NEC's senior. vice president.
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Aviation company Vaeridion, established by ex-Airbus officers, raises 14 million euros
Vaeridion, a German aviation firm establishing an electrical microliner as the air travel industry makes a push to cut emissions, said it had actually raised 14 million euros ($ 14.70 million). The company, established in 2021 by previous Airbus supervisors Ivor van Dartel and Sebastian Seemann, said the cash raised would be utilized in its strategies to develop an electrical microliner which will provide commercial flights by 2030. Its plane will bring approximately 9 guests in addition to team members, and is targeted at short-haul flights in Europe for distances of as much as 500 kilometres. With the Microliner, we are addressing both the requirement for zero-emission travel alternatives and the need for enhanced regional connectivity, stated Vaeridion CEO van Dartel. Earlier this month, airline trade body IATA's head Willie Walsh stated the air travel market was not moving fast enough to reach targets for producing and utilizing sustainable aviation fuel, with the sector aiming for net absolutely no emissions by 2050.
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Divers and helicopters search for survivors of Mumbai boat crash that killed 13.
Officials said that helicopters and divers searched the waters near Mumbai, India's financial center, on Thursday to find survivors after a boat accident which killed 13 people, including three navy personnel, a day before. A speedboat from the navy lost control, colliding with a private vessel that was taking tourists to nearby Elephanta Caves. These caves are famous for their rock artwork. As a result of the collision, 114 people were saved from the capsized ferry. The municipal corporation announced on WhatsApp that 97 of the 114 people rescued were in stable condition, while four others were in critical conditions and thirteen died. A naval officer who requested anonymity because he wasn't authorized to speak with the media said that the navy and coastguard vessels searched the harbour to find at least two persons still missing. An adult and a young child. The officer stated that the accident occurred during a test of a new engine type for the speedboat. The officer said, "It seems that the engine stuck at maximum speed but we will know more once the investigation is complete." When asked to comment on these remarks, a spokesperson for the Navy did not respond immediately. On television, a speedboat with five people on board crashed into the passenger ship. Witnesses said that water gushed into the privately owned Neelkamal immediately after it was rammed. Passengers scrambled for life jackets and jumped into the water. The Prime Minister Narendra Modi expressed condolences for the deceased, offering a relief payment of 200,000 Indian Rupees (2,400 dollars) to their next-of-kin and 50,000 Indian Rupees (600 dollars) to each injured person. In a Wednesday post on X, he said: "The boat mishap is saddening." Tourists flock to the caves which date back to the 5th and 6th centuries A.D. They take boats for the hour-long trip from the Gateway of India at the southern tip of the city. Shilpa jamkhandikar and Shivam patel reported from Mumbai and New Delhi, respectively; Clarence Fernandez edited the article.
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South Korea's FLC purchases 65,000 T of corn in a private deal, traders claim
The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tons of animal feed in a private transaction on Wednesday, without holding an international tender. This was confirmed by European traders on Thursday. The United States, South America and South Africa were expected to supply the product. The corn was bought at an estimated cost of $234.99 per ton, including freight. There was an additional $1.50 surcharge per tonne for port unloading. The seller was thought to be Columbia Grain International. Arrival in South Korea was scheduled for March 25, 2025. If the shipment originated from the U.S. Pacific Northwest Coast, it was shipped between February 10 and March 10, 2025. The reports reflect the opinions of traders, and it is still possible to estimate prices and volume later. Michael Hogan reported that the FLC bought 66,000 tonnes of corn at an international tender on Tuesday for $235.99 per ton c&f.
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US FAA ends evaluation of Southwest Airlines after security occurrences
The U.S. Federal Air Travel Administration said on Wednesday it had finished a safety evaluation of Southwest Airlines it opened in July after a. series of events, consisting of some that raised serious concerns. and resulted in investigations. The evaluation did not identify any significant safety issues,. the FAA said. Southwest said it valued the chance to engage with. the FAA as part of our shared commitment to security. The FAA started the review after a Southwest aircraft in July. flew at a very low elevation over Tampa Bay, Florida, among a. series of flights that raised concerns about the provider's. security practices. It followed other occurrences consisting of a flight in April that. came within about 400 feet (122 meters) of the ocean off Hawaii. after the very first officer accidentally pushed forward on the. control column and the aircraft hit an optimum descent rate of about. 4,400 feet per minute. The FAA is also investigating another very low elevation. flight that dropped to about 500 feet around 9 miles (14.5 km). from its location airport in Oklahoma. The U.S. National Transport Safety Board and FAA. are likewise investigating a 737 MAX flight on May 25 that. experienced a Dutch roll at 34,000 feet while en route from. Phoenix, Arizona, to Oakland, California. Such lateral asymmetric motions are named after a Dutch. ice skating method and can position severe security threats. The FAA is also examining a June flight that left. from a closed runway in Portland, Maine. Southwest informed pilots in September it would hold a. safety day for them on a staggered basis through early 2025. permitting frank discussions without fear of retribution,. including a thorough, facilitated, peer-to-peer conversation. about particular occasions. The FAA said in October had actually found no significant security. concerns in a similar review of United Airlines after a. series of incidents and ended its improved oversight and. approval procedures for that carrier to include aircraft and. services. Southwest did not deal with the exact same limitations. FAA. Administrator Mike Whitaker stated it in September its review of. Southwest was a bit more narrow than its assessment of. United.
South Korea's NOFI offers to purchase up to 138,000 metric tonnes corn
European traders reported on Thursday that the leading South Korean feed manufacturer Nonghyup Feed Inc. (NOFI) had issued an international bid to purchase up 138,000 metric tonnes of animal feed corn.
The deadline to submit price offers for the tender is Thursday, December 19, also.
Two consignments of between 45,000 and 69,000 tonnes of corn are expected to arrive in South Korea in March 2025.
The traders believe the corn came only from America, South America, or South Africa. The first consignment of corn was expected to arrive in South Korea by March 15.
The shipment must be received between February 10 and March 1 if it is sourced from U.S. Pacific Northwest Coast, or from U.S. Gulf coast between January 21 and February 9, South America between January 16 and february 4, and South Africa between the dates of Jan. 26 to Feb. 14.
Around March 25, the second corn shipment is expected to arrive in South Korea.
If you are sourcing from the U.S. Pacific Northwest Coast, the shipment will be between February 20 and March 11. From the U.S. Gulf of Mexico between January 31 and February 19, or South America between January 26 and february 14, or South Africa between the dates of Feb. 5 to Feb. 24.
The sellers have the right of choice in the origins they supply. Traders said that they were looking for offers in both outright prices per tonne c&f as well as a premium to the Chicago March 2025 Corn contract.
The Feed Leaders Committee of South Korea (FLC) purchased around 65,000 tonnes of feed corn on Wednesday in a private transaction without launching an international tender.
Due to the forecast of lower U.S. stocks, Asian buyers have shown an increased interest in corn. (Reporting and editing by Abinaya VIjayaraghavan, with Michael Hogan)
(source: Reuters)