Section: Business Insider (USA)
AirAsia Once Bragged In An In-Flight Magazine That Its Pilots Would Never Lose A Plane
AirAsia’s in-flight magazine bragging about its pilots’ superior training earlier this year is looking especially tasteless in light of the airline’s own recent tragedy. The airline pulled the magazine and apologized after an AirAsia passenger posted a photograph of the article on Twitter. The article talked up AirAsia’s...
Rescue Teams Have Spotted Objects In The Water In The AirAsia Plane Search Area
Australian search and rescue planes have spotted objects in the sea within the search area for the missing AirAsia plane, an Indonesian official has said. It’s not yet clear what the objects are. Officials have not said whether it’s wreckage from the missing plane. The objects were spotted about 700 miles from AirAsia flight...
10 Things You Need To Know Before European Markets Open
Good morning! Here’s everything you need to know in markets today. Greece’s Politicians Might Prompt A Snap Election. Greece’s parliament will begin voting on the government’s presidential candidate at about 11 a.m. GMT. A super-majority of 180 legislators is needed (out of 300), but the government only managed 168 in...
AirAsia shares lose 8% in Malaysia after jet disappears
Kuala Lumpur (AFP) – Shares in AirAsia, Southeast Asia’s biggest budget airline, lost almost eight percent on Monday in Kuala Lumpur after one of its jets disappeared with 162 people on board.The firm slumped 12 percent to 2.60 ringgit at the open but recovered slightly to sit at 2.71 ringgit, still down 7.82 percent, by 0315 GMT.The...
If The Missing AirAsia Plane Crashed, 2014 Was One Of The Deadliest Years In Aviation In Almost A Decade
Approximatley 42-minutes after takeoff, the pilot of AirAsia’s flight QZ 8501 asked permission to climb to a higher altitude in order to avoid severe thunderstorms. His request was reportedly denied by Indonesian air-traffic controllers and the plane lost contact and disappeared without a distress call. “Based on our coordinates, we...
Russia’s Biggest Dissident Had A Scathing Critique Of The Russian State At His Trial
On the day in 1974 when Soviet secret police arrested him for treason, Alexander Solzhenitsyn published an essay (via the underground samizdat press) entitled “Live Not by Lies”. It ended with a commandment in capital letters: “DON’T LIE! DON’T PARTICIPATE IN LIES, DON’T SUPPORT A LIE!” The lie, wrote the author of...
The Missing AirAsia Flight Is Thought To Have Crashed Near An Island In Indonesia
The missing AirAsia flight is thought to have crashed near the Indonesian island of Belitung, The Jakarta Post reports. A search and rescue team has been dispatched to the area. CCTV News reports that wreckage might have been spotted near Belitung Island, but there has been no official confirmation of that yet. An official from the Indonesian...
The Secret Dead Of Russia’s Undeclared War
Anton Tumanov gave up his life for his country – but his country won’t say where, and it won’t say how. His mother knows. She knows that Mr Tumanov, a 20 year-old junior sergeant in the Russian army, was killed in eastern Ukraine, torn apart in a rocket attack on August 13. Yelena Tumanova, 41, learned these bare facts about her...
Russia Is In Crisis And Putin Is Fighting To Survive It
The risk of a financial crisis in Russia has risen because of a precipitous fall in the rouble in mid-December. Recession, falling living standards and rising economic uncertainty look set to be key sources of political instability over the near term. But despite differences between the economic and security elite, it seems unlikely that...
Belarus strongman sacks PM amid economic woes
Minsk (AFP) – Belarussian strongman Alexander Lukashenko on Saturday sacked his prime minister as the tightly-controlled ex-Soviet state struggles with the effects of Russia’s economic crisis next door.Lukashenko dismissed Mikhail Myasnikovich, who had served in his post since December 2010, and appointed his chief of staff Andrei...
