Articles tagged “lion air”

Lion Air Postpones Planned IPO Amid Global Fears Over Travel Demand

Lion Air Postpones Planned IPO Amid Global Fears Over Travel Demand

Anshuman Daga and Scott Murdoch, Reuters

Things are going to get worse for most of the world's airlines before they get better. This is no time for an airline to sell a public offering.

8 months ago

Congress Grills FAA Officials on Why Boeing Jet Wasn’t Grounded Sooner

Congress Grills FAA Officials on Why Boeing Jet Wasn’t Grounded Sooner

Courtney Rozen, Ryan Beene, and Alan Levin, Bloomberg

Boeing has gotten much of the blame in the 737 Max aftermath. But on Wednesday it was the FAA's turn to face harsh questions around its oversight and handling of the crisis.

11 months ago

Blame in Indonesia’s Final Report on Lion Air Crash Doesn’t Exclude Boeing

Blame in Indonesia’s Final Report on Lion Air Crash Doesn’t Exclude Boeing

Margie Mason and Niniek Karmini, Associated Press

While Indonesian aviation authorities have concluded that multiple factors led to the crash of Lion Air flight 610 one year ago, Boeing's automated MCAS system is heavily implicated in the report.

1 year ago

Boeing Kicks Off Paris Air Show With 737 Max Apology

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.

1 year ago

Boeing Needs More Time to Complete Max Software Upgrade

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.

2 years ago

Lion Air Indonesia Looks Beyond Crash With Possible $1 Billion IPO

Lion Air Indonesia Looks Beyond Crash With Possible $1 Billion IPO

Fathiya Dahrul, Elffie Chew, Joyce Koh and Crystal Tse, Bloomberg

Lion Air is revisiting its IPO plans, even as its crash last October is being kept in the news by the latest Boeing 737 Max crisis. May not be the best timing.

2 years ago

The Dirty Business Targeting AirAsia Indonesia Just Got Dirtier

The Dirty Business Targeting AirAsia Indonesia Just Got Dirtier

Raini Hamdi, Skift

It appears that AirAsia has a bigger problem on its hands than it can possibly imagine. Now, even the largest local tour operators have stopped selling its flights on their online platforms. Whatever the outcome, one thing is clear: Online travel booking is such a powerful weapon.

2 years ago

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

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.

2 years ago

Did AirAsia’s Rivals Arm-Twist Online Travel Agencies to Stop Selling Its Low Airfares?

Did AirAsia’s Rivals Arm-Twist Online Travel Agencies to Stop Selling Its Low Airfares?

Raini Hamdi, Skift

Any form of industry players conspiring to protect their self-interests should be thoroughly investigated. Hopefully this unsettling episode in Indonesia will end soon and everyone can go back to booking the best deal they can get without lame invisible hands interfering with the process.

2 years ago

Pilot Shortage Threatens to Stifle Asia’s Tourism Boom

Pilot Shortage Threatens to Stifle Asia’s Tourism Boom

Kyunghee Park, Bloomberg

Asian airlines are scrambling to build academies to train new pilots. But tourism economies are increasingly being hurt by the dearth of pilots. The industry needs to come together with better solutions to solve this looming labor crisis.

2 years ago

Lion Air Jet’s Cockpit Voice Recorder Found

Lion Air Jet’s Cockpit Voice Recorder Found

Associated Press

If the voice recorder is undamaged, it could provide much-needed answers to the worst airline disaster in Indonesia since 1997. The families of the 189 people who died would welcome that.

2 years ago

Indonesian Airlines Forced to Drop Prices After a Holiday Spike

Indonesian Airlines Forced to Drop Prices After a Holiday Spike

Fathiya Dahrul, Bloomberg

The flyers have spoken. So much for trying to hang on to dynamic pricing from peak holiday demand. Indonesian airlines learned the hard way. Always good to see market forces at work.

2 years ago