EU warning to airlines about Russia after Azerbaijan plane crash

EU warning to airlines about Russia after Azerbaijan plane crash

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    Air India on Flakey Financial Footing


    Newspaper articles in July promised compensation to Air India crash victims, and here it is September, and they’re still arguing about compensation, which is still unpaid.

    Perhaps this is partly due to financial circumstances, as independent sources say all Indian airlines are barely keeping afloat, due to competition, low fares and rising wages and fuel expenses,(not to mention corruption, and failed safety efforts) but in the worst shape are Kingfisher Airlines and the state-owned Air India. Liquor tycoon Vijay Mallya who controls Kingfisher, denies rumors of Kingfisher nearing its demise.

    In mid-August, the government said it planned to take three months to financially restructure Air India. The turnaround plan is described as a hub-and-spoke route model. Costs will be cut by redeploying staff and unloading real estate.

    According to Moody’s any loan to Air India is ‘credit negative’. Air India has incurred heavy losses and has been in the red since its the 2007 merger with Indian Airlines.

    In the meantime, who knows when, or how much suffering families will be paid in compensation.

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  • Boeing Upgrades 787 Wiring

    Three cheers to Boeing for wiring changes before anything bad
    happened

    Supplier Spirit AeroSystems announced that Boeing will be introducing a new wiring standard for the 787 to reduce weight, improve maintainability and address a spacing issue between wires.

    The revised wiring standard is known as NC5 or Net Change 5 which is planned for entry into service for the 787 by the end of 2010 should deal with eliminating a problem with the original configuration picking up signals jumping from wire to wire.

    http://www.spiritaero.com

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