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Boeing reports more 737 Max cancelations as FAA review nears end

first_imgThe Federal Aviation Administration is wrapping up its evaluation of changes Boeing made to the planes after two 737 Max crashes killed 346 people and prompted a worldwide grounding of the jetliners in March 2019.That review will wrap up in the “coming days,” FAA Administrator Steve Dickson said in a statement late Monday. The process has been expected to finish in mid-November and an order to end the grounding would be followed by pilot training, which is expected to take weeks.“Even though we are near the finish line, I will lift the grounding order only after our safety experts are satisfied that the aircraft meets certification standards,” Dickson said.- Advertisement – An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, January 10, 2020.Lindsey Wasson | Reuters – Advertisement – Boeing on Tuesday reported more cancellations of its beleaguered 737 Max jets, just as regulators wrap up their review of the planes following two fatal crashes.The aircraft manufacturer is facing dual crises of the 737 Max grounding, now in its 20th month, and the coronavirus pandemic, which as devastated air travel and the market for new aircraft.Boeing customers canceled 12 orders for the 737 Max in October and the company posted no new ones. Including aircraft Boeing removed from its official backlog, its outstanding orders shrunk to 4,275 from 4,325 last month.- Advertisement –center_img American Airlines has scheduled the planes to fly commercially at the end of December, the earliest of the U.S. carriers that have purchased them. The airline is also planning to allow customers to tour the planes and have its pilots and mechanics answer their questions in an effort to boost confidence in the jets, CNBC reported last month.Boeing said it delivered 13 aircraft to customers in October. – Advertisement –last_img read more

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French investors’ appetite for Indonesia’s energy sector remains high amid pandemic

first_imgBilateral cooperation between Indonesia and France remains strong amid the COVID-19 pandemic. The two countries will finalize several bilateral cooperations in the energy sector, Indonesian Ambassador to France Arrmanatha Nasir says.Arrmanatha said in a statement on Wednesday that the embassy with the French Business Confederation (MEDEF) had held an investor gathering for the energy sector in Indonesia on Tuesday. Sixty French companies participated in the virtual forum, at which Energy and Mineral Resources Minister Arifin Tasrif was the guest speaker.”Potential French energy investors showed their interest in Indonesia’s energy sector potential. In the question and answer session, prospective French investors questioned the minister about many things, especially Indonesia’s future plans in renewable energy,” he said.They also discussed the B40 national biofuel production program, divestment plans in the energy sector, emission reduction commitments, the Mining Law amendment and its impact, and the ease of doing business in the energy sector.Arrmanatha asserted that Indonesia had a strong commitment to move toward a clean and sustainable energy system as reflected in the country’s General National Energy Plan (RUEN). Read also: Geologic time: Indonesia’s geothermal dreams deferred for 5 yearsIndonesia is also one of the countries with the largest gas and geothermal reserves in the world, as well as other energy sources such as wind, ocean waves, solar heat and biomass.”Another important thing is our political stability and the government’s commitment to create a conducive investment climate and increase the ease of doing business.”In his Tuesday presentation, Minister Arifin conveyed the opportunities and challenges of energy development, especially renewable energy in Indonesia.The minister said the COVID-19 pandemic had caused a decline in global demand for oil and gas, which in turn made it harder for the country to achieve its target of a new and renewable energy mix.On the other hand, the pandemic had presented an opportunity for the country to start implementing low-carbon development and reducing greenhouse gas emissions, he added.Topics :last_img read more

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