AirAsia plane with 162 aboard missing en route to Singapore

December 28, 2014

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Singapore/Jakarta, Dec 28: An AirAsia plane with 162 people aboard went missing en route from Indonesia to Singapore this morning shortly after the pilots requested a change of flight plan because of weather, the third major aviation incident this year involving a Malaysian carrier.

AirAsia Flight QZ8501 with 155 people on board -- including one British, one Malaysian, one Singaporean, three Koreans, -- and seven crew members lost contact with air traffic control at 0724 local time Indonesia (0454 IST).

Sixteen children and one infant were among the passengers on board the AirAsia Airbus A320-200 that went missing on the flight from Surabaya, Indonesia, to Singapore.

At a press conference this morning, Indonesian officials said the plane was several hours past the time when its fuel would have been exhausted.AirAsia flight

There were unconfirmed media reports that a aircraft crashed in the waters of East Belitung, off the east coast of Sumatra.

The exact location of the crash site has not been identified, media reports said.

The aircraft was in the Indonesian Flight Information Region (FIR), more than 200 nm southeast of the Singapore -- Jakarta FIR boundary, when contact was lost, Civil Aviation Authority of Singapore (CAAS) said.

Contact with the plane was lost 42 minutes after takeoff. There were no Indian nationals on board.

The plane took off from Surabaya (Indonesia) at 5:20 am local time and was scheduled to land at Singapore's Changi Airport at 8:30 am.

A statement on AirAsia's Facebook page said: "AirAsia Indonesia regrets to confirm that flight QZ8501 from Surabaya to Singapore has lost contact with air traffic control at 0724hrs this morning."

"At the present time we unfortunately have no further information regarding the status of the passengers and crew members on board, but we will keep all parties informed as more information becomes available," the Malaysia-based carrier said in a statement.

The aircraft was an Airbus A320-200 with the registration number PK-AXC.

"At this time, search and rescue operations are in progress and AirAsia is cooperating fully and assisting the rescue service," the statement said.

Indonesian Transport Ministry official Hadi Mustofa said the plane had asked for an unusual route before it lost contact, local media reported.

Air Asia said the pilot had requested "deviation" from the its flight plan because of bad weather.

"The aircraft... was requesting deviation due to en route weather," it said.

Indonesia's National Search and Rescue Agency (Basarnas) Bangka Belitung said it has dispatched one vessel to search for AirAsia flight QZ8501.

"We received information from Basarnas in Jakarta that contact had been lost with an AirAsia flight over Bangka Belitung waters...We then dispatched a vessel with a search and rescue team of 22 members to check the information," Febi Imam Saputra, an information official at Basarnas Bangka Belitung, was quoted as saying by the Indonesian Antara news agency.

"If we look at the map, these coordinates refer to an area around 20 nautical miles from East Belitung," said Febi.

Search and rescue operations have been activated by the Indonesian authorities from the Pangkal Pinang Search and Rescue office.

Indonesian authorities have mobilised search and rescue operation near Belitung Island, deploying five ships and a surveillance aircraft carrying 15 Indonesian Air Force personnel.

The Civil Aviation Authority of Singapore has confirmed that it is linking up with Indonesian authorities to help locate the missing plane. Australia and Malaysia have also offered assistance.

A massive search is underway for the missing plane. The last detected position of the missing AirAsia Indonesia Flight QZ8501 is believed to be between Tanjung Pandan on Belitung island and Kalimantan, Indonesia, according to Indonesia's Director of Air Transport, Djoko Murjatmodjo.

"The position where contact was lost was between Tanjung Pandan and Pontianak, about 100 nautical miles south-east of Tanjung Pandan," said Djoko.

The pilot Captain Iriyanto has an experience of6,100 flying hours.

AirAsia Group CEO Tony Fernandes has asked his company to stay strong. "Thank you for all your thoughts and prayers. We must stay strong," tweeted Fernandes, an ethnic Indian, who set up the budget airlines which now flies to several countries.

Fernandes has said that he is heading to Indonesia.

Malaysia has also offered assistance in the search operation.

AirAsia is popular in the region as a budget carrier. It has about 100 destinations, with subsidiaries in several Asian countries.

The loss of contact with the AirAsia plane comes nearly 10 months after the disappearance of Malaysia Airlines Flight MH370, which went missing on March 8.

Searchers are yet to find any debris from Flight MH370, which officials believe crashed in the southern Indian Ocean.

Another Malaysia Airlines plane MH17 was shot down over Ukraine in July, killing all 298 on board.

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News Network
March 16,2020

New Delhi, Mar 16: Due to the coronavirus pandemic, most airlines in the world will be bankrupt by the end of May and only a coordinated government and industry action right now can avoid the catastrophe, said global aviation consultancy firm CAPA in a note on Monday.

"As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants," it stated.

Across the world, airlines have announced drastic reduction in their operations in the wake of the coronavirus outbreak. For example, Atlanta-based Delta Air Lines stated on Sunday that it would be grounding 300 aircraft in its fleet and reduce flights by 40 per cent.

The US has suspended all tourist visas for people belonging to the European Union, the UK and Ireland. Similarly, the Indian government has suspended all tourist visas and e-visas granted on or before March 11.

CAPA, in its note on Monday, said, "By the end of May-2020, most airlines in the world will be bankrupt. Coordinated government and industry action is needed - now - if catastrophe is to be avoided."

Cash reserves are running down quickly as fleets are grounded and "what flights there are operate much less than half full", it added.

"Forward bookings are far outweighed by cancellations and each time there is a new government recommendation it is to discourage flying. Demand is drying up in ways that are completely unprecedented. Normality is not yet on the horizon," it said.

India's largest airline IndiGo -- which has around 260 planes in its fleet -- said on Thursday that it has seen a decline of 15-20 per cent in daily bookings in the last few days.

The low-cost carrier had stated that it expects its quarterly earnings to be materially impacted due to such decline.

CAPA said the failure to coordinate the future will result in protectionism and much less competition.

"The alternative does not bear thinking about. An unstructured and nationalistic outcome will not be survival of the fittest.

"It will mostly consist of airlines that are the biggest and the best-supported by their governments. The system will reek of nationalism. And it will not serve the needs of the 21st century world. That is not a prospect that any responsible government should be prepared to contemplate," the consultancy firm said.

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News Network
July 2,2020

Jul 2: Democratic presidential candidate and former US vice-president Joe Biden has said that if he wins the November elections, strengthening the relationship with India which is America’s "natural partner", will be a high priority for his administration.

"India needs to be a partner in the region for our safety's sake and quite frankly for theirs," he said in response to a question on India-US relationship during a virtual fundraiser event on Wednesday.

At the fundraiser hosted by Chairman and CEO of Beacon Capital Partners Alan Leventhal, the former vice president said that India and the United States were natural partners.

"That partnership, a strategic partnership, is necessary and important in our security," Biden said when asked by an attendee whether India is critical to the US' national security.

Referring to his eight years as the vice president, he said, "In our administration, I was proud to play a role more than a decade ago in securing Congressional approval for the US-India Civil Nuclear Agreement, which is a big deal".

"Helping open the door to great progress in our relationship and strengthening our strategic partnership with India was a high priority in the Obama-Biden administration and will be a high priority if I'm elected president,” Biden said.

Both as the vice president and a senator from Delaware, he was a big supporter of India-US relationship.

About the November polls, Biden said that the character of the country is on the ballot. The upcoming election is the most important poll of a lifetime and that the country is currently engaged in a battle for its soul, he claimed.

Biden also slammed President Donald Trump and his administration over the handling of the coronavirus pandemic.

"Trump ignored warnings from the very beginning, refused to prepare and failed to protect the country. Not just now but throughout his presidency, undermining the very core pillars of ours, what I would argue, moral and economic strength.

"I really do believe that our country is crying out for leadership and maybe even more important, some healing. Today, we have an enormous opportunity not only to rebuild but to build back better than before. To build a better future. That's what America does," he added.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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