Articles tagged “ethiopian airlines”

South African Airways May Fire a Fifth of Its Employees in Restructuring

Hilton Shone, Bloomberg

Nearly 1,000 people might be losing their jobs as the airline tries to slow its ongoing losses. Hopefully the company doesn't meet the same fate as Jet Airways, the Indian airline that was grounded earlier this year after racking up over $1 billion in debt.

Ethiopian Airlines Ex-Engineer Says Records Breached After Boeing 737 Max Crash

Bernard Condon, Associated Press

Ethiopian Airlines is a highly regarded global airline with a strong safety record. But something is not right here. Regulators need to figure out what happened.

Ethiopian Airlines Considers Buying a Stake in South African Airways

John Bowker, Bloomberg

Ethiopian Airlines is a an African aviation success story. Would it really be a good idea to get involved with the struggling South African Airways?

Boeing Kicks Off Paris Air Show With 737 Max Apology

Angela Charlton, Associated Press

At the aviation industry's largest yearly gathering, Boeing apologized to airline operators and the families of the 346 people who died in two Max crashes. But their belated contrition may not be enough to regain trust — or traction against rival Airbus, for that matter.

Boeing to Slash 737 Production by Nearly 20 Percent

Julie Johnsson, Bloomberg

Dennis Muilenburg said Friday once the Max returns to the skies, it will be as safe as any airplane every to fly. Big promise. Winning back trust on those words won't be easy.

Boeing Needs More Time to Complete Max Software Upgrade

Julie Johnsson and Alan Levin, Bloomberg

Time is money. Airlines will want Boeing to get the upgrade out as soon as possible so they can safely start flying their expensive aircraft again.

Black Box From Ethiopian Boeing 737 Max Crash Shows ‘Clear Similarities’ With Lion Air Tragedy

Nizar Manek and Rita Devlin Marier , Bloomberg

The cause of the Ethiopian Boeing 737 Max 8 crash will likely take time to determine but preliminary indications are that the parallels with the Lion Air crash are more than casual. The cozy relationship between Boeing and the FAA may come back to bite both of them.

Fallout Starts to Hit Boeing Even With Unanswered Questions After Deadly Crash in Ethiopia

Julie Johnsson, Ryan Beene and Alan Levin, Bloomberg

As of Monday, it was far too early to know what happened to the Ethiopian Airlines 737 Max 8 that crashed after takeoff Sunday. But the news cycle moves quickly. Airlines, regulators, and consumers want answers as fast as possible. We won't blame them.

Airlines Ground Boeing Jet Involved in Ethiopian Crash

Patrick Whyte, Skift

Boeing needs to get to the bottom of this as quickly as possible.

Ethiopian Airlines Max 8 Crashes En Route to Nairobi, Killing All On Board

Samuel Gebre and Bella Genga , Bloomberg

Uganda’s New National Airline Could Launch an Initial Public Offering

Benjamin Katz, Bloomberg

Launching an airline is awfully difficult, even under ideal circumstances. At least Uganda Airlines is ready to learn from past mistakes.

Ethiopian Airlines Mulls Selling Assets to Cement Its African Dominance

Nizar Manek, Bloomberg

Ethiopia's flag carrier can't become the true global airline it strives to be unless it sheds more of its communist past, and it's signaled the desire to let investors poke around.