The 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 – 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 –
Topics : The association includes a number of nonprofit and e-commerce firms but has lost some high-profile initial members including Visa, Mastercard, eBay, Stripe and PayPal. Libra, a high-profile project launched by social network giant Facebook, is tentatively scheduled to launch this year but has been battered by severe criticism from some of the world’s most influential financial authorities.Backers of Libra argue it can help people outside the banking system by lowering transaction costs for many kinds of payments and transactions; critics say it could disrupt the global monetary system and currency markets.In its latest update, the association said it is seeking seek approval for digital coins in individual currencies, revamping its cryptocurrency initiative in a move aimed at minimizing disruption to the global monetary system.Under the new plan, separate “stablecoins” would be created and pegged to real-world money such as the US dollar and the euro. The Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said Thursday.Temasek was among three new members announced for the association, including the cryptocurrency investment firm Paradigm and the private equity group Slow Ventures, both based in California.”The addition of these three new members to the Libra Association shows our commitment to building a diverse group of organizations that will contribute to the governance, technological roadmap and launch readiness of for the Libra payment system,” said association vice chairman Dante Disparte.
Last Updated: 25th September, 2019 16:21 IST Deepak Punia: ‘Zero Expectations’ & ‘No Pressure’ Helped Me Win Silver Deepak Punia in an interview with Republic TV said that non-recognition kept him away from the spotlight; helped him win silver in World Wrestling Championship. Written By FOLLOW US Suman Ray SUBSCRIBE TO US WATCH US LIVE 11 months ago Deepak Punia reaches World Championship final; books Olympics berth LIVE TV COMMENT ‘Non-recognition’ is a ‘virtue’, is not understood by many. But for Deepak Punia, it worked as a ‘miracle’, as he ‘quietly prepared’ for the challenge at the top flight without any ‘spotlight’ or ‘pressure’. “No one recognised me. No one talked to me. At times, I was confused as an official or a coach. No one paid any attention to me. I was away from the spotlight. Everyone talked about Bajrang bhai, Vinesh ji and my Guruji (Sushil Kumar). That actually helped. It gave me strength from within to do something like them,” Deepak told Republic TV after his return from World Championship.Read: Deepak Punia Clinches Silver, Rahul Takes Bronze At World C’shipSushil Kumar Always Believes in Me: Deepak Punia”I used to hear what people say about them and felt proud of my “Guruji” (Sushil Kumar).. he is recognised, loved and praised by everyone wherever he goes. And he always believes in me and my ability. It was an hour to travel along with him in a competition that he was participating in. Before leaving he had told me, & I remember; “Mujhe mile na mile, tera medal to pakka hi hai”.. I took it as a ‘joke’ but never thought it would actually come true,” Deepak said. Sushil had lost in the first or qualifying round while his ward Deepak went on to win a silver, which no one else in the contingent could. “Now I dedicate this medal to Guruji Mahabali Satpal ji and Sushil Pehewalnji. I completely owe them this medal,” he added.Read: Lure Of Job Brought Deepak Punia To Wrestling, Here’s His Story’Deepak Is the Next Big Thing in Wrestling’Sushil heaped high praises on his ward Deepak; “Didn’t I tell you all… Deepak is the next big thing in wrestling. It’s just a beginning for him. He will win many medals and laurels for the country.” Talking of his ward, Mahabali Satpal said: “I had spotted his talent at the age of 12 and it’s a proud feeling my institute Chhatrashal Stadium has now produced a Gold (Sushil) and two silver (Amit Dahiya in 2013 & Deepak in 2019) medallists. Now our focus turns to the 2020 Olympics.”Read: Deepak Punia Reaches World Championship Final; Books Olympics BerthRead: Deepak Punia Qualifies For Tokyo Olympics, Beats Colombia’s Mendez WE RECOMMEND First Published: 25th September, 2019 16:21 IST