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Thread: Airline News

  1. #1576
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    Good point about parts from everywhere.

    BTW, what are CFG engines?

    I remember a discussion with a high ranking Saudi about parts from Israel after one of our equipment was found to contain fans made in Israel, which of course had to be changed for another brand.

    He said for example he is aware that a Saudia 747 Jumbo Jet will certainly contain some components made in Israel and that is not a problem. But if by accident they find one, of course it would have to be exchanged.

    We will have to get used to China producing more and more high quality products that will find their way into the world market under chinese brand names, not only as extended workbench components built with foreign license.
    "don't attribute to malice what can be adequately explained by incompetence"

  2. #1577
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Takeovers View Post
    Good point about parts from everywhere.

    BTW, what are CFG engines?
    A typo. I meant CFM.



    We will have to get used to China producing more and more high quality products that will find their way into the world market under chinese brand names, not only as extended workbench components built with foreign license.
    I remember reading about how Callaway were mystified about the excellent quality of copies of their clubs being sold in HK and other markets.

    Turned out that their partner in the China manufacturing facility had duplicated the whole thing almost perfectly. a few miles away from the original installation, and was knocking the gear by the container load straight to HK.
    Last edited by harrybarracuda; 03-11-2015 at 04:11 PM.

  3. #1578
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    Quote Originally Posted by harrybarracuda View Post
    Quote Originally Posted by Takeovers View Post
    We will have to get used to China producing more and more high quality products that will find their way into the world market under chinese brand names, not only as extended workbench components built with foreign license.
    I remember reading about how Callaway were mystified about the excellent quality of copies of their clubs being sold in HK and other markets.

    Turned out that their partner in the China manufacturing facility had duplicated the whole thing almost perfectly. a few miles away from the original installation, and was knocking the gear by the container load straight to HK.
    That's how it begins. That's how Japan started too. But like Japan China will get past that phase. Or better is well on the way of getting past that phase.

  4. #1579
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by MrG
    I wonder how long it will take to drive that brand into the dirt.
    The previous owners did such a fine job eh?

  5. #1580
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    Quote Originally Posted by harrybarracuda View Post
    Quote Originally Posted by Takeovers View Post
    Good point about parts from everywhere.

    BTW, what are CFG engines?
    A typo. I meant CFM.



    We will have to get used to China producing more and more high quality products that will find their way into the world market under chinese brand names, not only as extended workbench components built with foreign license.
    I remember reading about how Callaway were mystified about the excellent quality of copies of their clubs being sold in HK and other markets.

    Turned out that their partner in the China manufacturing facility had duplicated the whole thing almost perfectly. a few miles away from the original installation, and was knocking the gear by the container load straight to HK.
    There was a great book called "Made in China, Poorly" that came out about 5 years ago, and among the many traps for Western business people it discussed was how the same manufacturers that make the designer label stuff for foreign companies also make many of the so called knock offs which they sell themselves.

    Great if you ask me, anything that puts a cost on outsourcing, or makes the exportation of jobs more expensive is a good thing.

  6. #1581
    Thailand Expat OhOh's Avatar
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    Two Jet Pack flyers accompany an Airbus 380 over Dubai. May have caused some concern aboard the plane though.

    https://www.rt.com/news/320873-jetma...erjumbo-dubai/
    Last edited by OhOh; 06-11-2015 at 08:30 AM.

  7. #1582
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    THAI told to adjust rehabilitation plan to increase revenue and to cut expenses

    Loss-ridden Thai Airways International has been told to adjust its short-term rehabilitation plan to cut expenses by 1,560 million baht and to increase revenue by 1,400 million baht for the fourth quarter instead of cutting expenses by three billion baht.

    The adjustment of THAI’s rehabilitation plan was ordered by the State Enterprises Policy Committee or superboard which met on Monday at the chairmanship of Prime Minister Prayut Chan-ocha.

    Mr Ekniti Nitithanprapas, director-general of the State Enterprise Policy Office, said today that the prime minister the plan to improve the financial problem in THAI was the collective responsibility of the board, the management and the staff.

    The modified rehabilitation plan will be resubmitted to the superboard within November 30. If the plan is not good enough, a yellow card will be given by the superboard and THAI management will have to revise the plan and resubmit to the superboard by next March, failing that a red card will be issued, said Mr Ekniti.

    The Transport and Finance ministries will jointly supervise and follow up rehabilitation plan, he added.

    Transport Minister Arkhom Termpittayapaisit disclosed that the prime minister had suggested a cutback of fringe benefits of THAI executives and to trim the rewards for staff which are excessive, to set revenue target and to cutback commissions to ticket agencies.

    The minister said he felt THAI was bloated with old staff compared to the other airlines whose average age of staff was lower than that of THAI.

    For the third quarter performance, THAI is expected to announce a loss of at least 11 billion baht. For the whole year, THAI’s accumulated loss may be the highest ever since the establishment of the airline.

    THAI told to adjust rehabilitation plan to increase revenue and to cut expenses - Thai PBS English News

  8. #1583
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by misskit View Post
    THAI told to adjust rehabilitation plan to increase revenue and to cut expenses

    Loss-ridden Thai Airways International has been told to adjust its short-term rehabilitation plan to cut expenses by 1,560 million baht and to increase revenue by 1,400 million baht for the fourth quarter instead of cutting expenses by three billion baht.

    The adjustment of THAI’s rehabilitation plan was ordered by the State Enterprises Policy Committee or superboard which met on Monday at the chairmanship of Prime Minister Prayut Chan-ocha.

    Mr Ekniti Nitithanprapas, director-general of the State Enterprise Policy Office, said today that the prime minister the plan to improve the financial problem in THAI was the collective responsibility of the board, the management and the staff.

    The modified rehabilitation plan will be resubmitted to the superboard within November 30. If the plan is not good enough, a yellow card will be given by the superboard and THAI management will have to revise the plan and resubmit to the superboard by next March, failing that a red card will be issued, said Mr Ekniti.

    The Transport and Finance ministries will jointly supervise and follow up rehabilitation plan, he added.

    Transport Minister Arkhom Termpittayapaisit disclosed that the prime minister had suggested a cutback of fringe benefits of THAI executives and to trim the rewards for staff which are excessive, to set revenue target and to cutback commissions to ticket agencies.

    The minister said he felt THAI was bloated with old staff compared to the other airlines whose average age of staff was lower than that of THAI.

    For the third quarter performance, THAI is expected to announce a loss of at least 11 billion baht. For the whole year, THAI’s accumulated loss may be the highest ever since the establishment of the airline.

    THAI told to adjust rehabilitation plan to increase revenue and to cut expenses - Thai PBS English News
    And the Prime Minister clearly knows fuck all about running an airline, especially one that gives away so many freebies to people that aren't even connected with it.

    The obvious thing is to do what BA did - lower benefits and freebies for joining staff because you'll lose the older ones anyway.

    Get rid of loss making routes.

    Get rid of old, maintenance-heavy and expensive-to-run aircraft and replace them with fuel-efficient newer models.

    You couldn't make any more cutbacks on the inflight service because it's shit anyway.

    And above all STOP non-Airline freebies!

    Oh, and considering sacking this useless piece of shite.

    Mr Arkhom also raised questions over why the THAI president, who is paid about 900,000 baht a month, has to hire a foreign adviser for 10.5 million baht for a six-month period.

  9. #1584
    Thailand Expat david44's Avatar
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    Did the Thai airports pass the stress tests?

  10. #1585
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    Prepare to Pay 35 Baht More for Plane Tickets

    BANGKOK — Beginning in December, air travelers will need to pay another 35 baht when traveling through Thailand’s six major airports to pay for upgraded security systems.

    Six months after an alarming security lapse exposed outdated systems at Suvarnabhumi Airport, the company managing them today announced its new passenger processing system will speed the immigration process and comply with international standards. Even more conveniently, passengers will be informed at check-in whether they are blacklisted by their destination countries.

    “When the passenger check-in at the counter, the system will verify with the immigration database,” Nitinai Sirismatthakarn of Airports of Thailand said Wednesday in Dailynews. “The system will immediately respond back that the passenger is not allowed to leave or enter the country if they are on a blacklist.

    The 35 baht per flight fee will be rolled into ticket prices. The system goes live next month at Airports of Thailand’s six facilities: Suvarnabhumi, Don Mueang, Phuket, Chiang Mai, Hat Yai and Chiang Rai. The company said the system will eventually be introduced at the other 32 airports nationwide.

    It comes as international aviation officials have called into question the safety standards of Thai air travel, and six months after a former police official apparently flew from Suvarnabhumi to Tokyo with a gun in his bag.

    Some objected to passing the fee on to passengers, saying the airport operator should foot the bill for safety.

    Nitinai said the 6 major airports have also tightened their security system since the terrorist attack in Paris.

    Prepare to Pay 35 Baht More for Plane Tickets

  11. #1586
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by harrybarracuda
    Oh, and considering sacking this useless piece of shite. Quote: Mr Arkhom also raised questions over why the THAI president, who is paid about 900,000 baht a month, has to hire a foreign adviser for 10.5 million baht for a six-month period.
    You wouldn't happen to be the "foreign adviser" would you ?

  12. #1587
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    Quote Originally Posted by harrybarracuda
    Oh, and considering sacking this useless piece of shite. Quote: Mr Arkhom also raised questions over why the THAI president, who is paid about 900,000 baht a month, has to hire a foreign adviser for 10.5 million baht for a six-month period.
    You wouldn't happen to be the "foreign adviser" would you ?
    For 1.2 million baht a month, I'd give it serious consideration.

  13. #1588
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    FAA Announces Revised Safety Rating for the Kingdom of Thailand

    WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) today announced that the Kingdom of Thailand does not comply with International Civil Aviation Organization (ICAO) safety standards and has been assigned a Category 2 ratingbased on a reassessment of the country’s civil aviation authority.

    U.S. and Thai aviation officials have a long-standing cooperative relationship and both our countries work continuously to meet the challenge of ensuring aviation safety. A Category 2 International Aviation Safety Assessment (IASA) rating means that the country either lacks laws or regulations necessary to oversee air carriers in accordance with minimum international standards, or its civil aviation authority – a body equivalent to the FAA for aviation safety matters – is deficient in one or more areas, such as technical expertise, trained personnel, record-keeping, or inspection procedures. With a Category 2 rating, Thailand’s carriers can continue existing service to the United States. They will not be allowed to establish new service to the United States.

    Thailand was assigned an initial Category 2 rating in 1996 and received a Category 1 rating in 1997. Reassessments of Thailand in 2001 and 2008 continued the Category 1 rating. A reassessment in July 2015 found that Thailand did not meet international standards. Today’s announcement follows ongoing discussions with the government of Thailand which concluded on October 28.
    Keep your friends close and your enemies closer.

  14. #1589
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by S Landreth
    establish new servic
    No new services to the land of the free then.

    But their is more. Existing "services", if there are any, can continue to fly with "serious deficiencies" in a number of areas.

    Quote Originally Posted by S Landreth
    acks laws or regulations necessary to oversee air carriers in accordance with minimum international standards, or its civil aviation authority – a body equivalent to the FAA for aviation safety matters – is deficient in one or more areas, such as technical expertise, trained personnel, record-keeping, or inspection procedures
    Pretty toothless waste of time for the regulators.

  15. #1590
    Thailand Expat harrybarracuda's Avatar
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    Anyone lost a B747?

    Strange, because TF is Iceland as far as I know.

    KUALA LUMPUR: Still puzzled by the mystery of missing flight MH370, Malaysian airport authorities now have the opposite problem: three Boeing 747 planes left unclaimed at the country's main airport.

    The operators of Kuala Lumpur International Airport (KLIA) have placed a bizarre advertisement in a Malaysian newspaper seeking the owners of three 747-200F aircraft apparently abandoned there.

    "If you fail to collect the aircraft within 14 days of the date of this notice, we reserve the right to sell or otherwise dispose of the aircraft" under Malaysian regulations, said the ad which ran in Monday's edition of The Star.

    The notice was addressed to the "untraceable owner" of the planes. Zainol Mohd Isa, general manager of Malaysia Airports (Sepang), which operates the facility, said the airport had been trying to contact the planes' last known owners.

    He said they were "international" and not Malaysian, but declined to give further details. "I don't know why they are not responding. There could be many reasons. Sometimes it could be because they have no money to continue operations," Zainol said.

    In addition to wanting the planes to be claimed, he said the airport is seeking payment from the owners for landing, parking and other charges. If no payment is received by December 21, the planes will be auctioned or sold for scrap to recoup the outstanding charges.

    The notice gave the planes' registration numbers as TF-ARM, TF-ARN, and TF-ARH. Zainol said two are passenger aircraft and one is a cargo plane.

    It is not the first time this has happened at the airport, Zainol added. In the past decade a few other planes, mostly smaller aircraft, were abandoned. He said an aircraft that was abandoned in the 1990s was eventually bought and turned into a restaurant in a Kuala Lumpur suburb.

    KLIA was the origin of Malaysia Airlines flight MH370, which disappeared after taking off on March 8, 2014 with 239 passengers and crew aboard in what remains one of aviation's greatest mysteries.

    Malaysia earlier this year confirmed that a wing part found on the French island of La Reunion in the Indian Ocean was from the plane. But no further wreckage has been found despite an intensive Australian-led oceanic search.

    - AFP/yt

    To whom it may concern: Please claim your Boeing 747s - Channel NewsAsia

  16. #1591
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by harrybarracuda
    The notice was addressed to the "untraceable owner" of the planes. Zainol Mohd Isa, general manager of Malaysia Airports (Sepang), which operates the facility, said the airport had been trying to contact the planes' last known owners.
    Two passenger 747's, that's a lot of passengers missing, any ideas as to which oceans should be dredged, any Syrian passports found in them? Is the cargo 747 still full of it's cargo? Have the bomb dogs been howling at night underneath the tail?

    Don't they make those I-Spy books anymore, the registration marks must be on somebody's, last remaining unseen, list.


    We spent many a summer holiday marking off Southern railways steam locomotives as a child. To see a Merchant Seaman pulling The Bournemouth Belle was a July high spot.




    In later years the Bournemouth beach was a happier hunting ground for the "belles".

    Last edited by OhOh; 09-12-2015 at 02:25 PM.
    A tray full of GOLD is not worth a moment in time.

  17. #1592
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    Quote Originally Posted by harrybarracuda View Post
    Anyone lost a B747?

    Strange, because TF is Iceland as far as I know.

    KUALA LUMPUR: Still puzzled by the mystery of missing flight MH370, Malaysian airport authorities now have the opposite problem: three Boeing 747 planes left unclaimed at the country's main airport.

    The operators of Kuala Lumpur International Airport (KLIA) have placed a bizarre advertisement in a Malaysian newspaper seeking the owners of three 747-200F aircraft apparently abandoned there.

    "If you fail to collect the aircraft within 14 days of the date of this notice, we reserve the right to sell or otherwise dispose of the aircraft" under Malaysian regulations, said the ad which ran in Monday's edition of The Star.

    The notice was addressed to the "untraceable owner" of the planes. Zainol Mohd Isa, general manager of Malaysia Airports (Sepang), which operates the facility, said the airport had been trying to contact the planes' last known owners.

    He said they were "international" and not Malaysian, but declined to give further details. "I don't know why they are not responding. There could be many reasons. Sometimes it could be because they have no money to continue operations," Zainol said.

    In addition to wanting the planes to be claimed, he said the airport is seeking payment from the owners for landing, parking and other charges. If no payment is received by December 21, the planes will be auctioned or sold for scrap to recoup the outstanding charges.

    The notice gave the planes' registration numbers as TF-ARM, TF-ARN, and TF-ARH. Zainol said two are passenger aircraft and one is a cargo plane.

    It is not the first time this has happened at the airport, Zainol added. In the past decade a few other planes, mostly smaller aircraft, were abandoned. He said an aircraft that was abandoned in the 1990s was eventually bought and turned into a restaurant in a Kuala Lumpur suburb.

    KLIA was the origin of Malaysia Airlines flight MH370, which disappeared after taking off on March 8, 2014 with 239 passengers and crew aboard in what remains one of aviation's greatest mysteries.

    Malaysia earlier this year confirmed that a wing part found on the French island of La Reunion in the Indian Ocean was from the plane. But no further wreckage has been found despite an intensive Australian-led oceanic search.

    - AFP/yt

    To whom it may concern: Please claim your Boeing 747s - Channel NewsAsia

    All three are ex-Air Atlantic Iceland birds.... but they were deregistered.

    Malaysia: Air Atlanta Icelandic and Malaysia Airlines deny ownership of 3 abandoned Boeing 747s

  18. #1593
    Thailand Expat harrybarracuda's Avatar
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    Fuzhou Airlines Plane Grounded After Airport Firefighters Foam It by Mistake

    By Lena Ge, WCARN.com | Dec. 10, 2015



    A Fuzhou Airlines (FU) Boeing 737-800 aircraft (Registration B-1906) had to be grounded after airport firemen sprayed it with foam by mistake.

    The plane performing FU6577 bound for Jinan was ready for takeoff at Fuzhou Changle International Airport (FOC) when the crew detected smoke and fire on a neighboring Air China (CA) plane and contacted the tower.

    The other Boeing 737-800 aircraft (Registration B-5507) performing CA1822 en route from Fuzhou to Beijing aborted takeoff and turned off the right hand engine when the crew of another aircraft alerted the engine was now on fire.

    Passengers onboard CA1822 were deplaned, and no one was injured.

    Eight fire trucks arrived at the scene in 2 minutes, but mistakenly sprayed the Fuzhou Airlines plane with foam. A few minutes later, the firefighters found the mistake and put the fire on Air China 738 using foam.

    Subsequently, the fire-suppressing foam clogged up the jet engines and sensitive turbine blades. Dripping with foam, the aircraft was grounded and forced to undergo a safety check, Fuzhou Airlines said in a statement on Thursday.

    Meanwhile, the plane was evacuated and more than a hundred passengers onboard flight FU6577 were being accommodated at hotels and expecting for a replacement flight at 4:50 p.m., but instead faced a nine-hour delay.

    The incident caused a 90-munite closure of Fuzhou Airport, which resumed its normal operation at 9:38 a.m. During the period, several flights including HO1107, MU5507 and MU558A were diverted to Xiamen.

    Fuzhou Airlines Plane Grounded After Airport Firefighters Foam It by Mistake

  19. #1594
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    Japan Today

    JAL to suspend Paris-Narita flights after attacks
    Dec. 16, 2015 - 03:00PM JST

    TOKYO —
    Japan Airlines said Tuesday it would suspend flights between Paris and Tokyo’s Narita airport from next month after demand fell about 60% following deadly attacks in the French city.

    The airline currently operates one round trip a day between Paris and each of Haneda and Narita, the two main airports in and near Tokyo.

    But the demand for flights between Paris and Narita, just outside Tokyo, has slumped by more than half after the November 13 jihadist attacks hit tourism, a spokesman said.

    “The airline will suspend flights between Paris and Narita from January 12 through February 29 except for several days,” the spokesman told AFP.

    JAL will concentrate on flights between Paris and Haneda, which has suffered about a 40% decline in demand, he said.

    “The company will decide whether to resume the Paris-Narita flights in March after observing the situation next year,” he said.

    © 2015 AFP

  20. #1595
    Thailand Expat harrybarracuda's Avatar
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    What a way to go....

    A technician working for Air India has died after being sucked into a jet engine as the plane pushed back for takeoff at Mumbai airport.

    The accident took place on Wednesday evening when the co-pilot of flight AI 619 to Hyderabad in India’s south mistook a signal from ground staff and started the engine.

    It sucked in Ravi Subramanian, who was standing close by, the Press Trust of India reported, quoting anonymous sources at Air India, the national carrier.

    The airline wrote on its official Twitter account that one of its technicians had “died in a mishap during pushback of flight AI 619”, without specifying exactly what happened.

    “The incident is being investigated. Our heartfelt condolences to the bereaved family,” said the tweet.

    Air India’s chairman and managing director Ashwani Lohani said “we are deeply saddened & regret the tragic incident” at Mumbai’s Chhatrapati Shivaji airport, according to the post late on Wednesday.

    The state-run carrier, which has not reported an annual profit since 2007, has been hit by a string of technical problems and other incidents, including staff turning up late for flights.

    In April, the airline made headlines when it had to ground two of its pilots after a fight erupted between the pair just before takeoff.

    Wednesday’s fatal accident comes a week after a turboprop plane belonging to budget carrier SpiceJet hit a group of wild boars and skidded as it came into land at Jabalpur airport in central India.

    Air India worker dies at Mumbai airport after being sucked into jet's engine | World news | The Guardian

  21. #1596
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    ^ So an Airbus will do what 90% of Thai bar girls won't; suck off an Indian.

    The article talks about a poorly run unprofitable State run airline, imagine that, what a surprise.

  22. #1597
    Thailand Expat HermantheGerman's Avatar
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    What a way to go

    Kuwait Airways pilot loses licence for inviting porn star into cockpit

    Co-captain demoted as investigation into sky scandal concludes
    Manama: Kuwait has revoked the licence of a Kuwait Airways pilot who had invited a porn star and her “glamorous” friend into the cockpit.
    The decision announced by Transportation Minister Eisa Al Kindari in a report to the parliament was taken following an investigation he ordered in July when news about the unprecedented security breach and ethical violation broke out.
    Kuwait Airways pilot loses licence for inviting porn star into cockpit | GulfNews.com

  23. #1598
    Thailand Expat MrG's Avatar
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    ^
    She was already in the Mile High Club, but she had never driven a stick.

  24. #1599
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    Malaysia Airlines pilot queries flight path

    8:01 AM Sunday Dec 27, 2015

    An investigation has been launched after a Malaysia Airlines plane took off from Auckland Airport on Christmas Day and surprised the pilot with the direction it started flying.

    Just eight minutes into the direct flight to Kuala Lumpur, MH132's pilot queried why his Airbus A330 was heading so far south.

    He wondered why the plane was heading towards Melbourne and not taking a more direct flight path to the Malaysian capital.

    It is understood passengers on board the flight, which left at 2.23am Christmas Day, were not alerted to the mix-up.

    During discussions with air traffic controllers at the Auckland Oceanic control centre, the pilot was informed of the flight plan his airline had given to Airways, which manages air traffic control for New Zealand and South Pacific.

    He then continued across the Tasman Sea before heading northwest to Kuala Lumpur.

    Although there were no apparent safety concerns with the confusion, Airways yesterday confirmed it was investigating.

    "We have an internal safety team who will investigate it," a spokeswoman said.

    "The flight plan the airline filed with us was going to Kuala Lumpur but via a slightly different route than the pilot was expecting."

    Airways will "work closely" with the much-maligned carrier to find out how the confusion came about, the spokeswoman said.

    Last year, 577 crew and passengers lost their lives on two separate Malaysia Airlines flights. Flight MH370 disappeared between Kuala Lumpur and Beijing for unknown reasons in March and MH17 was shot down by a Russian-made missile over Ukraine in July.

    The airline did not respond to requests for comment.

    New Zealand aviation commentator Peter Clark praised the pilot for his actions.

    "The pilot has done a very good job by noticing it, querying it and not just blindly flying off and ending up in the Southern Ocean," he said.

    He said if Malaysia Airlines was now a responsible airline, "which I hope it is after everything that has happened", it would ask for an explanation and investigate.

    Flights on the route often travel around the bottom of Australia to avoid bad weather or head-winds, Clark said.

    "The pilot was probably not used to going that far south."

    WeatherWatch head analyst Philip Duncan said he flew out of Auckland this week in "perfect conditions". A large high was settling across the Tasman Sea.

    The weather between New Zealand and Kuala Lumpur was "fairly calm", but Duncan said thunderstorms across northern Australia and Papua New Guinea may have influenced Malaysia Airlines' preferred route.

  25. #1600
    Thailand Expat OhOh's Avatar
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    Santa has given airlines their Christmas present.

    "Dec 17, 2015

    Delta Air Lines has signed a letter of intent (LOI) to buy a used Boeing 777 for $7.7 million, according to CEO Richard Anderson.
    Anderson raised some eyebrows in October when he said there was a “huge bubble” in used widebody aircraft, pricing a 10-year-old 777-200 at $10 million. The market would be “ripe” for Delta to buy used 777s, he said then. Boeing president and CEO Dennis Muilenburg was among those who pushed back against Anderson, saying the Delta CEO was valuing used 777’s much too low.

    Anderson said Dec. 17 that he was “wrong when I said used 777s were on the market for $10 million. It was actually $7.7 million. We just signed a letter of intent to buy one.”
    Anderson’s comments came during Delta’s investor day and, for added emphasis, were posted on Twitter by Delta. Just as happened when Anderson made the original remark about used 777 values, Boeing’s stock price immediately dropped.

    As a point of comparison, Boeing’s list price for a new 777-200ER is $277.3 million, meaning Delta is buying a used 777 at a price 97.2% lower than the value of a new 777."

    Delta to buy used Boeing 777 for $7.7 million | Airframes content from ATWOnline
    "

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