Boeing employees in March 2019 build a 737 MAX in Washington State. (AFP/Jason Redmond) Daniel Elwell, acting head of the US Federal Aviation Administration, threw cold water on hopes of a speedy resolution, after revealing late on Wednesday that Boeing had held off submitting a proposed software fix for review after his agency raised additional questions. Investigators have focused on the MAX's anti-stall Manoeuvring Characteristics Augmentation System in inquiries into the crashes in Ethiopia in March and Indonesia in October which left 346 people dead. Boeing last week said the MCAS update was ready for the certification process, and US airlines were hoping the planes could be back in the skies in time for part of the summer travel season. But Elwell on Thursday said the process could take one month, two months or longer. "It is all determined by what we find in our analysis of the application," he said on CNBC. Once Boeing has submitted all documentation, the FAA will conduct a … [Read more...] about Regulators ponder: When can Boeing”s 737 MAX fly again?
Southwest flight check in
Vietnam’s economy set to thrive with new dynamics Vietnam reaped notable achievements in 2018, with economic growth hitting a record high of 7.08%, putting Vietnam on the list of Asia’s fastest-growing economies. New economic dynamics are expected to drive Vietnam forward in 2019 and help it achieve its 5-year plan targets by 2020. Vietnam risks lagging behind in the next decade if it can’t maintain its annual growth of more than 7%. In the government’s recent meeting, Prime Minister Nguyen Xuan Phuc said Vietnam is determined to create more breakthroughs across all fields this year in order to fulfill the 5 year-plan and 10-year strategy. One of the government’s biggest challenges will be helping economic hubs like Ho Chi Minh City and Da Nang revive their growth. Associate Professor Dr. Nguyen Duy Khuong of Singapore’s Lee Kwan Yew School of Public Policy told VOV "It’s important for Vietnam to create a firmer foundation of international … [Read more...] about BUSINESS NEWS IN BRIEF 15/2
U.S. NTSB investigators are on scene examining damage to the engine of the Southwest Airlines plane in this image released from Philadelphia, Pennsylvania, U.S., April 17, 2018. Photo source: NTSB/Handout via REUTERS U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout earlier this week, citing risks of a similar mishap. The directives by the U.S. Federal Aviation Administration and the European Aviation Safety Agency for inspections of CFM56-7B engines, made by CFM International, indicated rising concerns since a similar failure in 2016 of the same type of engine. The engine explosion on Southwest Airlines flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said. The blast shattered a window, killing a passenger, in the first U.S. passenger airline fatality since 2009. "The unsafe condition," the FAA said in the order, … [Read more...] about US, Europe order emergency checks on engine type in Southwest accident