Bloomberg South African Airways (SAA) is seeking 16 billion rand ($1.1 billion) in long-term funding that the unprofitable government-owned carrier said will be used for working and capital expenditure and to help manage outstanding debt. The airline will need to access the funding two weeks after the signing of loan documentation, SAA said in a request for proposals from ...
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ANA finds damaged turbines in Dreamliners’ engines
Bloomberg ANA Holdings Inc., which has cancelled more than a dozen Dreamliner flights since last week, found broken turbines on three 787 planes with Rolls-Royce Holdings Plc engines as part of its investigation into the motors of the Boeing Co. planes. The broken turbine parts damaged other sections in the engine when they snapped off, Maho Ito, a spokeswoman ...
Read More »BOC Aviation profit rises 24% in first earnings
Bloomberg BOC Aviation Ltd., the aircraft leasing unit of Bank of China Ltd., reported a 24 percent increase in profit in the first half of the year as growth in travel boosts demand for planes. Net income in the six months through June rose to $212.2 million, compared with $171.5 million a year earlier, the company said in a ...
Read More »Japan’s first home-made jet back in hangar after aborted tests
Bloomberg After two aborted test flights in as many days following a faulty air-conditioning system, Japan’s first locally built passenger jet was back for checks and fixes amid delays to a program aimed at challenging the dominance of Brazil’s Embraer SA and Canada’s Bombardier Inc. Mitsubishi Aircraft Corp., the builder of the Mitsubishi Regional Jet, will make a decision ...
Read More »US alarm as Turkey warns Syrian Kurd militia of more strikes
Istanbul / AFP Turkey warned on Monday it would carry out more strikes on a Syrian Kurdish militia if it failed to retreat beyond the Euphrates River, as Washington condemned their weekend clashes as “unacceptable”. Turkish forces pressed on with a two-pronged operation inside Syria against the IS extremists and the Syrian Kurdish People’s Protection Units (YPG), shelling over ...
Read More »Teen cop attacker linked to IS charged in Germany
Berlin /Â AFP German federal prosecutors said on Monday they had brought charges against a 16-year-old girl who allegedly stabbed a policeman in February in an operation for the IS extremist group. The German-Moroccan teenager, identified only as Safia S., was charged on August 12 with attempted murder, grievous bodily harm and support for a foreign terrorist organisation, the federal ...
Read More »3rd warrant issued over Thai tourist town attacks
Bangkok /Â AFP A Thai military court on Monday issued an arrest warrant for a third suspect in a spate of bomb attacks on tourist towns, all three of them Muslims from the insurgency-plagued south. No one has claimed responsibility for the bombing and arson spree, which hit popular resorts across the south this month, killing four and wounding dozens including ...
Read More »Brussels crime lab attacked, five arrested
Brussels / AFP Several attackers rammed a car through the gates of Belgium’s national crime laboratory on Monday in Brussels and then started a fire in what prosecutors said may have been an attempt to destroy evidence. Five people were arrested nearby and are being questioned, but there is no confirmed link to terrorism so far. No one was ...
Read More »Rousseff arrives in Senate for impeachment showdown
BrasÃlia / AFP Suspended president Dilma Rousseff arrived on Monday at Brazil’s Senate for a dramatic finale to an impeachment trial likely ending 13 years of leftist rule in Latin America’s biggest country. Rousseff, 68, was greeted by cheering supporters as she arrived in the Senate to testify for the first time in her defense, just hours before senators were ...
Read More »Colombia ceasefire ends half-century war with FARC
Bogota /Â AFP Colombia on Monday began its first day of peace with the country’s largest insurgency after a ceasefire between the FARC and the government went into effect, ending 52 years of warfare. The full ceasefire ordered by President Juan Manuel Santos and the head of the Revolutionary Armed Forces of Colombia (FARC), Timoleon Jimenez, began at midnight Sunday ...
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