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Showing posts from December, 2012

Tu-204 of Russian Airline Crashed at Vnukovo Airport.

A passenger Airliner careered off the runway at Russia’s third-busiest Airport and partly onto a highway while landing on Saturday, broke into pieces and caught fire, killing at least four people.

Officials said there were eight people aboard the Tu-204 belonging to Russian airline Red Wings that was flying back from the Czech Republic without passengers to its home at Vnukovo Airport.

Emergency officials said in a televised news conference that four people were killed and another four severely injured when the plane rolled off the runway into a snowy field and partly onto an adjacent highway, then disintegrated. No
 collisions with vehicles on the major, multilane highway were reported.

The plane’s cockpit area was sheared off from the fuselage and the tail section partly torn away.

The crash occurred amid snow and winds gusting up to 15 meters a second (30 mph), but other details were not immediately known. A spokesman for Russia’s top investigative agency, Vladimir Markin, said i…

Kingfisher Airlines Ltd loses Flying Permit

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Despite all its efforts Kingfisher Airlines, on Monday, lost its flying licence as the Directorate-General of Civil Aviation (DGCA) refused to renew its Air Operator Permit (AOP) without a viable turnaround plan. Kingfisher, as desired by the DGCA, also failed to furnish no objection certificates from service providers, more specifically the Airports Authority of India (AAI), before the deadline. The airline’s flying licence, which was suspended in October after a workers’ strike, was scheduled for renewal on December 31, 2012, but the aviation regulator wanted a more comprehensive restart plan before renewal of permit.

DGCA officials said that they were not satisfied with Kingfisher’s assurances and needed more clarity before giving their nod. Director-General of Civil Aviation Arun Mishra did not receive calls to spell out the regulator’s stance and about Kingfisher’s future.

The non-renewal of permit is not the end for Kingfisher as the airline can apply for renewal of licence wit…

Now Singapore too likely slipped into Global Recession

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Singapore likely slipped into recession in the three months to December, analysts told AFP on Monday, as data showed growth in 2012 came in lower than expected.

In his New Year's message, Prime Minister Lee Hsien Loong said "growth was slower this year, at 1.2 per cent", which is well off the official growth forecast of 1.5-2.5 per cent.

However, CIMB Research economist Song Seng Wun said the figures for the year indicate the economy shrank 3.5 to 4.0 per cent quarter on quarter in October-December, which followed a contraction of 5.9 per cent in the previous three months.

Two consecutive quarters of contraction point to a technical recession.

"It's basically just the magnitude of (the recession) rather than if," he told AFP.

And Jason Hughes, head of premium client management for IG Markets Singapore, said: "It would seem that the PM's statement of 1.2 per cent growth for 2012 would suggest that we've contracted in the fourth quarter which w…

Bye Bye 2012 Welcome 2013

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From teeming Times Square in New York City to an Asian capital hosting its first public New Year's Eve countdown in decades, the world looked to the start of 2013 with hope for renewal after a year of economic turmoil, searing violence and natural disasters.

Fireworks, concerts and celebrations unfolded around the globe to ring in the new year and, for some, to wring out the old.

"With all the sadness in the country, we're looking for some good changes in 2013," Laura Concannon, of Hingham, Mass., said as she, her husband, Kevin, and his parents took in the scene in bustling Times Square on Monday.

A blocks-long line of bundled-up revellers with New Year's hats and sunglasses boasting "2013" formed hours before the first ball drop in decades without Dick Clark, who died in April and was to be honoured with a tribute concert and his name printed on pieces of confetti.

Security in Times Square was tight, with a mass of uniformed police and plainclothes o…

Air Plane Crash puts Russia's Airline Industry in spotlight

A Russian airliner flying without passengers broke into pieces after it slid off the runway and crashed onto a highway outside Moscow upon landing on Saturday, killing four of the eight crew on board and leaving smoking chunks of fuselage on the icy road.


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The crash during peak holiday travel ahead of Russia's New Year's vacation, which runs from Sunday through Jan. 9, cast a spotlight on the country's poor air safety record despite President Vladimir Putin's calls to improve controls.

Television footage showed the Tupolev Tu-204 jet with smoke billowing from the tail end and the cockpit broken clean off the front.

Some witnesses told state channel Rossiya-24 they saw a man thrown from the plane as it rammed into the barrier of the hig…