Aviation
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Heartbreaking Last Words of Passenger Who Died in South Korea’s Worst Domestic Aviation Disaster Revealed
The plane was a part of South Korea-based Jeju Air’s fleet. Chung Sung-Jun/Getty Images The heartbreaking last words of one of the 179 passengers who died in South Korea’s worst…
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NASA Astronaut’s Near-Miss with Mysterious Metallic Orbs Stuns Aviation World
A former NASA astronaut has shared details of a close call with unidentified flying objects while piloting his private plane over Texas. Dr. Leroy Chiao, who has flown three Space…
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Analysts place ‘buy’ call on Oiltek on strong order book, growing demand for sustainable aviation fuel
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process company Oiltek, in light of a…
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Iran’s Aviation Woes Compounded By Latest EU Sanctions
Iranian photographer Tannaz was on her way to Tehran’s airport when European sanctions on flag carrier Iran Air forced her to return home, unable to make it to work in…
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US Labor Secretary Intervenes In Boeing Strike
U.S. Acting Labor Secretary Julie Su met with Union as strike by factory workers at Boeing entered the fifth week, and the company announced plans to cut thousands of jobs…
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Toyota Bets Big On Air Taxis, Ups Investment In Joby Aviation To Nearly $900M
An image provided by Joby Aviation shows one of their aircraft. JobyAviation Toyota Motor Company said that it will invest an additional $500 million in Joby Aviation to support the…
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Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial production, bringing its total investment in the company to US$894…
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BOC Aviation wants to raise fleet size by 50% to 1,000 to stay at forefront of industry
2030 target will give aircraft lessor the scale to do the bigger deals with the bigger airlines BOC Aviation, an aircraft lessor, aims to grow its fleet to 1,000 planes…
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DOT grants conditional approval for Alaska-Hawaiian merger
The U.S. Transportation Department has cleared the $1.9 billion acquisition of Hawaiian Airlines by Alaska Airlines after the carriers agreed to certain conditions of the regulator such as preserve services…
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China Development Bank aviation unit buys 80 Airbus A320neos
CHINA Development Bank Financial Leasing agreed to buy 80 Airbus jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation aircraft in its fleet. The planes, which…
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SIAEC in the cross hairs of Malaysian ire highlights aviation MRO sector’s deepening woes
Skilled worker and spare parts shortages causing challenges and friction, including unfounded allegations of staff poaching THE recent woes at Malaysia’s national carrier have put Singapore-listed SIA Engineering Company (SIAEC)…
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GIC-backed aviation service provider StandardAero files for US IPO
StandardAero, an aircraft maintenance services provider backed by private equity firm Carlyle Group and Singapore’s sovereign wealth fund GIC, filed for an initial public offering (IPO) in the US on…
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Malaysia Aviation Group to cut flight capacity by 20% this year
MALAYSIA Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday (Aug 29) it would reduce network capacity by 20 per cent across its airlines this year…
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Aviation regulators press for global efforts to tackle turbulence
AVIATION officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents driving calls to improve forecasting across borders at a Montreal…
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China Aviation Oil H1 profit doubles to US$42.4 million on oil price, business volume increases
JET fuel buyer China Aviation Oil (CAO) posted a net profit of US$42.4 million for the first half ended Jun 30, a 114.8 per cent year-on-year leap from US$19.7 million…
