by AIP Online Bureau | Apr 5, 2025 | Eco/Invest/Demography, International News, Risk Management
Howmet’s rare legal declaration does not mean that supplies will automatically be halted or disrupted but opens the door to the supplier potentially claiming it cannot meet its contracts if impacted by the emergency order. any successful declaration of force...
by AIP Online Bureau | Feb 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life
“People will have greater access to air travel, and the region’s airlines will require a modern fuel-efficient fleet to meet increased demand over the next two decades,” said Ashwin Naidu, Boeing’s managing director of commercial marketing for...
by AIP Online Bureau | Jan 17, 2025 | Disaster & Management, International News, Non-Life, Reinsurance
The ministry suspects that both engines shut down shortly before the pilot attempted an emergency landing, depriving the aircraft of almost all electrical power as it touched down. The plane’s two black boxes, the flight data recorder and cockpit voice recorder, both...
by AIP Online Bureau | Dec 29, 2024 | International News, Non-Life, Reinsurance, Risk Management
The ministry also confirmed the casualties in the deadliest air accident involving a South Korean airline in nearly three decades. Video shared by local media showed the twin-engine aircraft skidding down the runway with no apparent landing gear before slamming into a...
by AIP Online Bureau | Nov 10, 2024 | International News, Risk Management
Boeing has “accepted responsibility for the MAX crashes publicly and in civil litigation because the design of the MCAS … contributed to these events,” an attorney for Boeing said at an October 11 court hearing. New York: Beleaguered aviation giant Boeing...
