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☆ Airbus picks sales chief Scherer to run jetmaking arm -sources
▼ + stars: | 2023-09-25 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

Airbus Chief Commercial Officer Christian Scherer is interviewed by Reuters at the International Air Transport Association's Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. Reuters revealed the plans to reorganise in July and this month Scherer, an Airbus veteran currently serving as chief commercial officer, emerged as one of the main candidates to run the jetmaking arm, which accounts for 70% of revenue. Airbus reorganisations are more sensitive than most because of a history of friction between founders France and Germany. Born in Germany and raised in Toulouse, 61-year-old Scherer has spent his career in the Airbus commercial arm, apart from stints in Defence and as CEO of turboprop affiliate ATR. Insiders say the immediate challenges Scherer faces will be less familiar industrial ones, such as meeting production and delivery targets and managing roughly 80,000 Airbus employees.

Persons: Christian Scherer, Brian Snyder, Guillaume Faury, Scherer, Faury, Fabrice Bregier, Tom Enders, Rob Stallard, Bruno, Frenchman Faury, Olaf Scholz, Tim Hepher, David Goodman, Sharon Singleton Organizations: Airbus, Reuters, International Air, REUTERS, Boeing, Partners, Airbus Helicopters, Defence, Monday Germany, Thomson Locations: Boston , Massachusetts, U.S, PARIS, France, Germany, Toulouse, Europe, China

☆ Airbus nears decision on new planemaking leadership - sources
▼ + stars: | 2023-09-15 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

[1/2] An Airbus logo is pictured at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. Industry sources said a final decision on the shake-up was likely in coming weeks, capping weeks of speculation after Reuters reported the looming reorganisation in July. Airbus Helicopters CEO Bruno Even had earlier been cited as a possible candidate for the top planemaking role. But the focus of speculation has widened to Chief Commercial Officer Christian Scherer, a veteran of the Airbus planemaking business who has also had stints at the Defence division and in running turboprop joint-venture ATR, industry sources said. His appointment would herald broad continuity at the company's main planemaking business, which accounts for most of the company's revenue.

Persons: Benoit Tessier, Christian Scherer, Guillaume Faury, Bruno, Scherer, Tim Hepher, Louise Heavens Organizations: Airbus, Paris, REUTERS, Rights, Industry, Reuters, Airbus Helicopters, Defence, France, Jefferies, Bombardier, Pratt, Whitney, Airbus Defence & Space, Military Air Systems, FCAS, Thomson Locations: Le Bourget, Paris, France, Ukraine, Germany, United States

☆ Here are some of the companies saying weight loss drugs could impact their business
▼ + stars: | 2023-08-18 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

The impact of new weight loss treatments is being felt well beyond the health-care industry . During the second quarter, which beat expectations , shoppers were still focused on health and wellness, CEO Doug McMillon said Thursday. Some companies already bar weight loss medications from their insurance plans to keep costs down. Executives said it was tied to an increase in specialty drug use for weight loss and diabetes. Eli Lilly's Mounjaro hasn't yet been approved for weight loss, though some people are taking it off label for that reason.

Persons: Eli Lilly, Joe Scalzo, Scalzo, Atkins, Regeneron, George Yancopoulos, Doug McMillon, WMT, Kroger, Paul Sarvadi, Eli Lilly's Mounjaro, Stephan Tata, Tata hedged, Tata Organizations: Analysts, Novo Nordisk, Co, Simply, Atkins, Walmart, WMT KR, Kroger, Cardinal Health, Drug Administration, Tata Locations: U.S

July 7 (Reuters) - U.S. private equity firm 777 Partners has said it is in talks with Boeing Co (BA.N) and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more markets amid a boom in air travel. The talks come amid a rush for planes by airlines eager to tap into a greater-than-expected recovery in air travel. Earlier this year, Air India placed an order for 470 jets with Boeing and Airbus SE (AIR.PA) - which was later eclipsed by rival IndiGo's order for 500 Airbus planes. 777's business model involves buying jets and leasing them to airlines which it backs, such as Canadian low-cost carrier Flair Airlines and Australian airline Bonza. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: We've, Josh Wander, Wander, Flair, Abhijith, Pooja Desai Organizations: Partners, Boeing Co, Boeing, ATR, Air, Airbus, Flair Airlines, Bonza, Capital Ltd, Thomson Locations: Italian, Miami, Air India, Asia, South America, York, Bengaluru

☆ Avolon says $4 trln needed to transform global jet fleet
▼ + stars: | 2023-06-13 | by ( Tim Hepher | ) www.reuters.com time to read: +2 min

REUTERS/Mike BlakePARIS, June 13 (Reuters) - Global aviation needs $4 trillion of capital over the next 20 years to fund new commercial deliveries and transform the world's fleet, leasing firm Avolon said on Tuesday. The world's commercial passenger aircraft fleet is set to nearly double to 46,880 aircraft by 2042, the Dublin-based firm predicted. Environmental critics say such rapid growth of commercial aviation is at odds with its environmental objectives. Avolon has said the main focus should be on increasing the supply of Sustainable Aviation Fuels. Europe's Airbus will maintain leadership of the narrow-body market with its current 53% share of the fleet rising to 58% by 2042, Avolon predicted.

Persons: Mike Blake PARIS, Avolon, Tim Hepher, Conor Humphries Organizations: Delta Airlines, REUTERS, Global, . Airlines, Sustainable Aviation Fuels, Airbus, Boeing, Embraer, Thomson Locations: San Diego , California, U.S, Dublin, China

☆ Ticks die when they bite him. This man's immunity to ticks could pave the way for a tick vaccine.
▼ + stars: | 2023-06-03 | by ( Emily Swaim | ) www.businessinsider.com time to read: +7 min

He has acquired tick resistance, which may help guide research and development of a tick vaccine. (But don't go searching for ticks just to try and build immunity, since you might contract a debilitating tick-borne disease.) "There clearly has been an increase in recent decades in the incidence of tick-borne disease in the human population. CDCThe latest US Centers for Disease Control and Prevention data reported 50,865 cases of tick-borne disease across the US in 2019. The Lyme disease vaccine currently in development would only protect against the bacteria Lyme borreliosis, meaning you could still get other tick-borne diseases.

Persons: Richard Ostfeld, welt, aren't, JUAN GAERTNER, Ostfeld, Ostfelt, Lyme, Remus Belododia, haven't Organizations: Service, for Disease Control, National Center for Emerging, Vector, CDC Locations: Lyme, Alaska, Maine

☆ Russia's biggest airline reportedly sends first plane to Iran for repairs as sanctions cut off access to new replacement parts
▼ + stars: | 2023-04-11 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Russia's biggest airline reportedly sent a plane to Iran for the first time for maintenance. Boeing and Airbus both stopped supplying Russian airlines with spare parts as part of the sanctions last spring. Aircraft lessors in the European Union were required to end contracts with Russian airlines last March. Analysts predicted Russia could start "cannibalizing" its fleet of planes for parts as Western sanctions blocked suppliers from sending parts and providing repairs for Russian airplanes. Russia reportedly signed an agreement with Iran last July to supply Russian airlines with Iranian airplane parts, and for Iran to provide maintenance and repairs for Russian aircraft.

☆ Pilot of crashed Nepal plane reported no power in engines -preliminary report
▼ + stars: | 2023-02-15 | by ( Gopal Sharma | ) www.reuters.com time to read: +1 min

KATHMANDU, Feb 15 (Reuters) - The pilot of a Yeti Airlines plane which crashed in Nepal killing 71 people said before the crash there was no power from the aircraft's engines, a preliminary investigation report said on Wednesday. The plane crashed just before landing in the tourist city of Pokhra on Jan. 15 in one of Nepal's worst airplane accidents in 30 years. There were 72 passengers on the twin-engine ATR 72 aircraft operated by Nepal's Yeti Airlines, including two infants, four crew members and 10 foreign nationals. The report said the pilot flying the aircraft handed over the control to the pilot monitoring before it crashed. The information in the preliminary report may change as the investigation progresses, it said.

☆ This is the best place to be sitting if your plane is about to crash
▼ + stars: | 2023-02-09 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Plane crashes are extremely rare. Data from past crashes and crash tests show that the back of the plane is probably the safest. In the rare case that a plane goes down, some research indicates that the safest place to be sitting is in a middle seat near the back of a plane. A 2015 analysis by Time magazine of the Federal Aviation Administration's aircraft accident database looked at 17 plane crashes with seat charts that could be analyzed. Middle of the plane, middle seat: 39% — about one in 2.5 passengers.

☆ Workers at embattled Mexican airline Aeromar hold off on strike, unions say
▼ + stars: | 2023-01-18 | by ( Kylie Madry | ) www.reuters.com time to read: +2 min

[1/3] A person stands at an empty counter of Mexican carrier Aeromar at the Benito Juarez International airport, in Mexico City, Mexico, January 17, 2023. Flight attendants union ASSA said it had chosen to hold off on the strike "for the sake of safeguarding the company once again". Aeromar met with airport officials Monday to present a payment plan, Mexico's transportation ministry said, adding that its operations at Mexico City continued to operate normally. Several of the company's executives met with the flight attendants' union on Monday, the union said, and discussed the company's financial situation as well as the "potential" entrance of an investor. "We continue to demand (Aeromar) pay its debts owed to pilots," union leader Jose Humberto Gual said in a statement.

☆ Two U.S. citizens, two legal permanent U.S. residents among those killed in Nepal crash
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Jan 18 (Reuters) - Two U.S. citizens and two legal permanent U.S. residents were among those killed in Nepal's worst air disaster in 30 years, in which at least 71 people died including small children, the U.S. State Department said on Wednesday. The Yeti Airlines ATR 72 turboprop carrying 72 people crashed on Sunday just before landing in the tourist city of Pokhara. Reporting by Simon Lewis and Kanishka Singh in Washington; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ No hope of any survivors in Nepal's deadliest crash in 30 years, officials say
▼ + stars: | 2023-01-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/3] Family members mourn the death of a victim of the plane crash of a Yeti Airlines operated aircraft, in Pokhara, Nepal January 17, 2023. REUTERS/Rohit GiriKATHMANDU, Jan 18 (Reuters) - Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country's deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. The search for the last one will continue," Tek Bahadur K.C., a top district official in Pokhara, said on Wednesday. "Until the hospital tests show all 72 bodies, we’ll continue to search for the last person," Ajay K.C said. Search teams found 68 bodies on the day of the crash, and two more were recovered on Monday before the search was called off.

☆ Nepal plane crash searchers rappel, fly drones to find last passengers
▼ + stars: | 2023-01-17 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/2] A member of Arm Police Force works at a crash site of a Yeti Airlines operated aircraft, in Pokhara, Nepal January 16, 2023. NO ARCHIVESKATHMANDU, Jan 17 (Reuters) - Searchers used drones and rappelled down a 200 metres (656 feet) deep gorge in west Nepal on Tuesday to search for two passengers still unaccounted for after the country's deadliest plane crash in 30 years, which killed at least 70 people. Searchers found two more bodies on Monday before the search was called off because of fading light. Reuters GraphicsUnder international aviation rules, the crash investigation agencies of the countries where the plane and engines were designed and built are automatically part of the inquiry. Reporting by Gopal Sharma, writing by Shilpa Jamkhandikar; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Harrowing video has emerged of the plane that crashed in Nepal over the weekend, showing passengers’ excitement turn to terror and offering a rare glimpse into a flight's final moments. Authorities said Monday that they had retrieved the cockpit voice recorder and flight data recorder from the wreckage. The recovery of the black boxes could offer crucial insight into what caused the crash of the twin-engine ATR 72 aircraft Sunday. It was carrying 68 passengers on board, including six children, as well as four crew members. At least 41 bodies had been identified out of the 69 retrieved, Nepal’s Civil Aviation Authority said in a statement.

☆ Searchers find black boxes of aircraft in deadly Nepal crash
▼ + stars: | 2023-01-16 | by ( ) www.cnbc.com time to read: +2 min

Rescuers inspect the wreckage at the site of a Yeti Airlines plane crash in Pokhara on January 16, 2023. Searchers on Monday found both the cockpit voice recorder and flight data recorder from a passenger flight that crashed on Sunday, killing at least 68 people in Nepal's deadliest plane crash in 30 years, officials said. The data on the recorders may help investigators determine what caused the ATR 72 aircraft, carrying 72 people, to crash in clear weather just before landing in the tourist city of Pokhara. Rescuers were battling cloudy weather and poor visibility as they scoured the river gorge for passengers who are unaccounted for, more than 24 hours after the crash. Reuters footage from the crash site showed rescuers looking at the charred remains of the plane near a gorge in the mountains.

☆ A pilot couple killed in air crashes in Nepal - 16 years apart
▼ + stars: | 2023-01-16 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/2] A rescue team recovers the body of a victim from the site of the plane crash of a Yeti Airlines operated aircraft on January 15, 2023, in Pokhara, Nepal January 16, 2023. "Her husband, Dipak Pokhrel, died in 2006 in a crash of a Twin Otter plane of Yeti Airlines in Jumla," airline spokesman Sudarshan Bartaula told Reuters, referring to Khatiwada. "She got her pilot training with the money she got from the insurance after her husband's death." A pilot with more than 6,400 hours of flying time, Khatiwada had previously flown the popular tourist route from the capital, Kathmandu, to the country's second-largest city, Pokhara, Bartaula said. "On Sunday, she was flying the plane with an instructor pilot, which is the standard procedure of the airline," said an Yeti Airlines official, who knew Khatiwada personally.

☆ Search resumes for four people missing in Nepal after deadly air crash
▼ + stars: | 2023-01-16 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

KATHMANDU, Jan 16 (Reuters) - Rescuers resumed searching on Monday in Nepal for four people still missing after the Himalayan nation’s deadliest plane crash in 30 years, officials said. "We will take out the five bodies from the gorge and search for the remaining four that are still missing,” he told Reuters. [1/2] People stand near the wreckage at the crash site of an aircraft carrying 72 people in Pokhara in western Nepal January 15, 2023. REUTERS/Bijay Neupane 1 2The other 63 bodies had been sent to a hospital, he said. Nepal has declared a day of national mourning on Monday and set up a panel to investigate the disaster and suggest measures to avoid such incidents in future.

☆ Plane carrying 72 people crashes in Nepal
▼ + stars: | 2023-01-15 | by ( ) www.nbcnews.com time to read: 1 min

At least 16 people were killed on Sunday when an aircraft crashed in western Nepal, an army spokesman said, as hundreds of rescue workers scoured the hillside crash site. “We expect to recover more bodies,” Krishna Bhandari told Reuters. “The plane has broken into pieces.”There were 72 people on the twin-engine ATR 72 aircraft operated by Nepal’s Yeti Airlines, including two infants, four crew members and 10 foreign nationals, said airline spokesman Sudarshan Bartaula. “We are trying to ascertain it.”Local television showed thick black smoke billowing from the crash site as rescue workers and crowds of people gathered around the wreckage of the aircraft. Air accidents are not uncommon in Nepal, home to eight of the world’s 14 highest mountains, including Everest, as the weather can change suddenly and make for hazardous conditions.

☆ Factbox: Deadly aircraft crashes common in mountainous Nepal
▼ + stars: | 2023-01-15 | by ( ) www.reuters.com time to read: +3 min

Jan 15 (Reuters) - Mountainous Nepal, where at least 40 people were killed on Sunday when a plane crashed in the tourist town of Pokhara, has a history of deadly air crashes. FEB. 27, 2019A helicopter crashed in bad weather in eastern Nepal, killing all seven people on board, including the tourism minister. FEB. 26, 2016Two people were feared dead after a small plane crashed in western Nepal's Kalikot district. DEC. 16, 2010A small plane crashed in the Himalayan foothills of remote east Nepal, killing all 22 people onboard. JULY 27, 2000A Twin Otter passenger plane crashed in western Nepal on Thursday, killing all 25 people on board.

☆ At least 16 killed in Nepal's worst air crash in 30 years
▼ + stars: | 2023-01-15 | by ( ) www.cnbc.com time to read: +1 min

Rescuers and onlookers gather at the site of a plane crash in Pokhara on January 15, 2023. An aircraft with 72 people on board crashed in Nepal on January 15, Yeti Airlines and a local official said. At least 16 people were killed on Sunday when an aircraft crashed in western Nepal's Pokhara, an army spokesman said, in the small Himalayan country's worst crash in more than 30 years. Yeti Airlines has a fleet of six ATR72-500 planes, according to its website. Nepal Prime Minister Pushpa Kamal Dahal has called an emergency cabinet meeting after the plane crash, a government statement said.

☆ At least 40 killed in Nepal's worst air crash in nearly five years
▼ + stars: | 2023-01-15 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/3] Crowds gather at the crash site of an aircraft carrying 72 people in Pokhara in western Nepal January 15, 2023. Sagar Raj Timilsina/Handout via REUTERSKATHMANDU, Jan 15 (Reuters) - At least 40 people were killed on Sunday when a domestic flight crashed in Pokhara in Nepal, a Nepal aviation authority official said, in the small Himalayan country's worst crash in nearly five years. Local television showed thick black smoke billowing from the crash site as rescue workers and crowds of people gathered around the wreckage of the aircraft. The plane was 15 years old, according to flight tracking website FlightRadar24. Nepal Prime Minister Pushpa Kamal Dahal has called an emergency cabinet meeting after the plane crash, a government statement said.

☆ China stages historic air show under cloud of zero-COVID
▼ + stars: | 2022-11-08 | by ( Sophie Yu | Norihiko Shirouzu | ) www.reuters.com time to read: +5 min

China’s zero-COVID policy has hampered its domestic aviation industry and kept international traffic at a tiny fraction of pre-pandemic levels as Western carriers rebound sharply. Commercial Aircraft Corporation of China (COMAC) reported orders from leasing firms for 300 C919s and 30 ARJ21 regional jets. By contrast, the sun was setting in China on Tuesday on one of Europe’s most visible global symbols, the double-decker A380. Tracking website FlightRadar24 said China Southern Airlines operated its last A380 flight from Los Angeles on Tuesday. China is also showing off a FH-97A “Loyal Wingman” drone model designed to coordinate with crewed aircraft, the newspaper reported.

☆ Tanzania plane crash survivors, rescuers describe heroics laced with tragedy
▼ + stars: | 2022-11-08 | by ( Benson Jacob | ) www.reuters.com time to read: +3 min

"We had a big crash and I immediately started seeing water enter the plane. Passengers started to struggle to rescue themselves," Samuel said, describing the moments after the Precision Air flight to Bukoba plunged into the lake in northern Tanzania. In the hours and days after the accident, reports of survival and dramatic rescue efforts have started to emerge. Jackson dived into the water and managed to communicate with the pilots by signalling through the window, he told the BBC. By the time rescue workers reached the pilots, their air supply had run out and the pair were dead, authorities said.

☆ Comac C919: Covid restrictions cloud airshow debut of China's showpiece jet
▼ + stars: | 2022-11-08 | by ( ) edition.cnn.com time to read: +5 min

China’s zero-Covid policy has hampered its domestic aviation industry and kept international traffic at a tiny fraction of pre-pandemic levels as Western carriers rebound sharply. Tuesday’s opening marked the first time Western plane giants Airbus and Boeing have shared the stage with China’s new COMAC C919 single-aisle jet at the showpiece event. Chinese J-20 stealth fighter jets at Airshow China, in Zhuhai, Guangdong province, on November 8. Commercial Aircraft Corporation of China (COMAC) reported orders from leasing firms for 300 C919s and 30 ARJ21 regional jets. Production of the world’s largest jetliner ended last year after weak sales including a near-failure to conquer China’s market.

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