Japanese prosecutors seek to probe Ghosn’s wife over use of Nissan funds April 7, 2019 Tokyo prosecutors have called on judges to question the wife of embattled car executive Carlos Ghosn over her involvement in the alleged embezzlement of funds. Prosecutors suspect Ghosn channelled funds from Nissan into a company where his wife, Carole, is an executive, Reuters reported, citing local media. Read more: Ghosn to be detained for further [...]
Boeing to reduce 737 model production in wake of crashes April 6, 2019 Boeing is set to temporarily cut its production of the 737 airliner as the fall-out of crashes involving the model in Ethiopa and Indonesia continue. The plane manufacturer released a statement late on Friday announcing that it would be reducing its production of the 737 from 52 planes a month to 42 from mid-April. Read [...]
Union threatens total Tube shutdown in Transport for London pay dispute April 5, 2019 Commuters are facing the threat of a shutdown across the entire London Underground network as a pay clash between a union and Transport for London approaches boiling point. The Rail and Maritime Trade Union (RMT) said today it will ballot all of its members working on the Tube for potential strike action as talks with TfL [...]
Boeing admits sensor malfunctioned on both fatal 737 Max crashes April 5, 2019 Boeing has admitted a sensor on its 737 Max jet malfunctioned during two recent flights that crashed, killing everyone on board. The plane manufacturer issued a statement saying a sensor that pushes the plane’s nose down to prevent stalling had been activated as a result of erroneous data on the doomed Lion Air and Ethiopian [...]
Debate: Given the problems at Wow Air, should we be worried about the future of the airline industry? April 5, 2019 Given the problems at Wow Air, should we be worried about the future of the airline industry? Yes – Anthony Hynes is chief executive of eNett international. With Iceland’s Wow Air and other airlines going bust recently, it’s undeniable that the airline industry is going through some turbulent times. In fact, our recent study shows that [...]
Ethiopia urges Boeing to review controls after findings show pilots not at fault in fatal crash April 4, 2019 Ethiopia has urged Boeing to review its flight control technology after a preliminary report found that the pilot flying the doomed flight was not at fault when the plane crashed. Ethiopian investigators found that pilots on the Boeing 737 Max flight, which crashed and killed all 157 on board, followed all correct procedures but were [...]
Tesla shares fall after Elon Musk’s company confirms huge quarterly drop in car deliveries April 4, 2019 Tesla shares fell nearly nine per cent in early US trading this afternoon, after the electric car giant said its deliveries have suffered a record 31 per cent quarterly drop. The manufacturer’s stock value fell to $266.32 this afternoon, having closed yesterday at $291.81 as investors digested the results. Read more: Elon Musk helps Sheryl [...]
Self-driving cars could inject £62bn into UK economy by 2030 if Brexit is a success, says trade body April 4, 2019 Self-driving cars could provide Britain's economy with a £62bn boost by 2030, but only if the UK agrees a favourable Brexit deal, a report by a leading trade body has found. The report, produced by the Society of Motor Manufacturers and Traders (SMMT), says the UK is the world's number one location for connected and [...]
Ethiopian Airlines pilot not at fault in fatal Boeing 737 Max crash, investigators say April 4, 2019 The pilot flying the doomed Ethiopian Airlines Boeing 737 Max flight was not at fault when the plane crashed, killing everyone on board, a preliminary report has found. Read more: Tui warns of €200m hit after grounding of Boeing 737 Max jets Ethiopia’s official report, released today, found pilots followed all correct procedures but were [...]
TfL scraps Brunei tourism adverts amid outcry over new anti-LGBT laws April 4, 2019 Transport for London (TfL) has scrapped adverts promoting Brunei following international condemnation of the state’s draconian new anti-LGBT laws. The adverts, which have appeared across the London transport network, promote the country as a tourist destination under the slogan “Abode of Peace”. Read more: Sadiq Khan says TfL will remove controversial Michael Jackson bus ads [...]