Corporate Affairs

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    Human guinea pigs to embark on world’s first 20-hour airline flight

    For decades, travelers have stoically endured jet lag as an unavoidable menace on long journeys. Now, as airlines push for record-breaking non-stop flights halfway around the planet, efforts to counter the debilitating symptoms are turning into a billion-dollar industry. Fresh insight into the physical and emotional toll of ultra-long haul travel should emerge this weekend when Qantas Airways flies direct from New York to Sydney. No airline has ever completed that route without stopping. At nearly 20 hours, it’s set to be the world’s longest flight, leaving the US on Friday and landing in Australia during its Sunday morning.

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    Human guinea pigs to embark on world’s first 20-hour airline flight

    For decades, travelers have stoically endured jet lag as an unavoidable menace on long journeys. Now, as airlines push for record-breaking non-stop flights halfway around the planet, efforts to counter the debilitating symptoms are turning into a billion-dollar industry. Fresh insight into the physical and emotional toll of ultra-long haul travel should emerge this weekend when Qantas Airways flies direct from New York to Sydney. No airline has ever completed that route without stopping. At nearly 20 hours, it’s set to be the world’s longest flight, leaving the US on Friday and landing in Australia during its Sunday morning.

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    Regulators’ 737 Max approval faulted by international experts

    US aviation regulators assessing Boeing’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the resources and expertise to fully vet the design changes implicated in two fatal crashes, a review panel comprised of global aviation experts has concluded. The Federal Aviation Administration, which approved the design of the jet in 2017, dropped the ball on many fronts, the Joint Authorities Technical Review found. A 69-page summary of the findings also said the panel found evidence that Boeing exerted “undue pressures” on some of its own employees who had FAA authority to approve design changes.

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    Regulators’ 737 Max approval faulted by international experts

    US aviation regulators assessing Boeing’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the resources and expertise to fully vet the design changes implicated in two fatal crashes, a review panel comprised of global aviation experts has concluded. The Federal Aviation Administration, which approved the design of the jet in 2017, dropped the ball on many fronts, the Joint Authorities Technical Review found. A 69-page summary of the findings also said the panel found evidence that Boeing exerted “undue pressures” on some of its own employees who had FAA authority to approve design changes.

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    Small ships are next big thing for this $150bn market

    Giant ocean-going tankers built the liquefied natural gas (LNG) industry into a $150-billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size. Fifty-five years after the first commercial LNG tanker sailed…

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    Small ships are next big thing for this $150bn market

    Giant ocean-going tankers built the liquefied natural gas (LNG) industry into a $150-billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size. Fifty-five years after the first commercial LNG tanker sailed…

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    Ethiopian will weigh stake in South Africa’s debt-ridden SAA

    Ethiopian Airlines Group would consider buying a stake in South African Airways (SAA) – should South Africa decide to sell equity in the struggling state carrier. SAA hasn’t made a profit since 2011 and last week delayed the release of annual earnings due to its precarious financial state. While the ruling African National Congress has frequently said that it would consider selling equity in the airline, there’s been no visible strategy for such a plan, said Tewolde Gebre Mariam, the CEO of Ethiopian, Africa’s biggest and only consistently profitable airline.

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    Ethiopian will weigh stake in South Africa’s debt-ridden SAA

    Ethiopian Airlines Group would consider buying a stake in South African Airways (SAA) – should South Africa decide to sell equity in the struggling state carrier. SAA hasn’t made a profit since 2011 and last week delayed the release of annual earnings due to its precarious financial state. While the ruling African National Congress has frequently said that it would consider selling equity in the airline, there’s been no visible strategy for such a plan, said Tewolde Gebre Mariam, the CEO of Ethiopian, Africa’s biggest and only consistently profitable airline.

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    Ethiopian Airlines close to deal to order Airbus A220 planes

    Ethiopian Airlines Group is close to agreeing a deal with Airbus SE for as many as 20 narrow-body A220 planes worth more than $1.6-billion, reviving an earlier plan after a spell using larger Boeing Co. 737s. Africa’s biggest and most consistently profitable carrier is in late-stage talks about the purchase of the 100-seater aircraft, which should be completed by the end of the year, CEO Tewolde GebreMariam said in an interview at the state-owned airline’s head office in Addis Ababa.

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    Ethiopian Airlines close to deal to order Airbus A220 planes

    Ethiopian Airlines Group is close to agreeing a deal with Airbus SE for as many as 20 narrow-body A220 planes worth more than $1.6-billion, reviving an earlier plan after a spell using larger Boeing Co. 737s. Africa’s biggest and most consistently profitable carrier is in late-stage talks about the purchase of the 100-seater aircraft, which should be completed by the end of the year, CEO Tewolde GebreMariam said in an interview at the state-owned airline’s head office in Addis Ababa.

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