facthunter Posted Saturday at 08:51 AM Posted Saturday at 08:51 AM That really tells you nothing of direct relevance. Jet engine failures are rare compared with Infernal pistons. Nev
danny_galaga Posted Saturday at 09:01 AM Posted Saturday at 09:01 AM (edited) 2 hours ago, onetrack said: O.K. Apparently "Third World", is now an antiquated term, and India is now classed as "First World", due to advances in many parts of the country. But my comment is relevant as regards rubbish. Try looking up, "does India have a rubbish problem", and tell me if their rubbish production and handling is First World. It's alright to admit you're wrong ☺️ India was never third world. In the era we used those terms, there was no such term as 'second world'. It was in the 'develiping world category. Edited Saturday at 09:03 AM by danny_galaga 1
Student Pilot Posted Monday at 10:28 AM Posted Monday at 10:28 AM Still no cause of the accident. Why so long? With the data recorders being sent to America you would think there would be some indications of what caused the accident? The naive cynic in me thinks there could be political interference in this investigation. If it's proven to be Boings fault it would be disastrous or possibly the end. With massive repercussions and the known corruption of the American leadership a coverup seems to be one reason why there has been no reasons for the disastrous accident yet.
Red Posted Monday at 10:46 AM Posted Monday at 10:46 AM Like everyone here I dont know what happened, but accounts I've read about the standard of CRM withing Indian civil aviation and embedded cronyism allowing instances of Aircrew with faked hours into positions they shouldnt be, I wouldnt be too quick to blame technical flaws We'll see
onetrack Posted Monday at 11:58 AM Posted Monday at 11:58 AM (edited) 1 hour ago, Student Pilot said: Still no cause of the accident. Why so long? With the data recorders being sent to America you would think there would be some indications of what caused the accident? The naive cynic in me thinks there could be political interference in this investigation. If it's proven to be Boings fault it would be disastrous or possibly the end. With massive repercussions and the known corruption of the American leadership a coverup seems to be one reason why there has been no reasons for the disastrous accident yet. This is India - Bureaucracy Central. Where you need to fill out 300 forms to get a simple decision from the Govt, and it will take 3 years to come to that decision. I can well imagine the number of Indian Bureaucratic Depts who are demanding to be the primary agency for disseminating information from the crash. The Indian Ministry of Civil Aviation has requested a preliminary report within 30 days, and I cannot see anything being officially released until that 30 days is up. Here's the 15 pages of fine print definitions, rules and procedures for the Indian, "Aircraft (Investigation of Accidents and Incidents) Rules, 2012". https://www.civilaviation.gov.in/sites/default/files/migration/moca_003427.pdf Edited Monday at 12:07 PM by onetrack addendum... 1
facthunter Posted Monday at 11:38 PM Posted Monday at 11:38 PM While Air India is still regarded as the National Airline , It's Owned by TATA which is a pretty Big Show who run it better., Nev 1
onetrack Posted yesterday at 12:31 AM Posted yesterday at 12:31 AM The economic fallout of the crash is going to have substantial ramifications for Air India and its subsidiaries. According to preliminary estimates, the insurance payout for the disaster could reach $475 million, making it one of India’s costliest aviation payouts. The payout figure includes $125 million for the aircraft hull, and approximately $350 million in fatality/injury compensation. Insurance premiums for Indian carriers, especially those operating Boeing fleets, are now expected to rise by up to 100% in the next underwriting cycle. Air India and SpiceJet, both major Boeing customers, may see premiums increase from $28 million, to up to $40 million or $50 million annually. The substantially increased insurance cost will likely be passed on to passengers through higher ticket prices, estimated to rise by 2% to 5% in the near future - and even higher on local routes. Aircraft leasing costs are also expected to increase, especially for Boeing models. Lessors will now factor in increased risk and insurance liabilities. Then there's the impact of a loss of passenger trust in Air India safety and management of its aircraft and employees - something that is bound to have a major effect on Air India's bottom line.
facthunter Posted yesterday at 12:35 AM Posted yesterday at 12:35 AM Yes this won't help. Airlines are NOT known big profit Makers at the best of times.. I would NOT invest in one. Nev
Jerry_Atrick Posted 8 hours ago Posted 8 hours ago Didn't Warren Buffet say he paid for a 1-800 number to call every time he thought about investing in an airline?
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