FILE PHOTO: A Lion Air passenger plane sits on the tarmac of Tjilik Riwut Airport in Palangkaraya, central Kalimantan, Indonesia November 1, 2015. REUTERS/Darren Whiteside
- Indonesian carrier Lion Air has started working on $1 billion domestic initial public offering , Bloomberg reported on Thursday citing sources, as it seeks to move past the crash in October last year that killed 189 people on board. The company is working with advisers on the planned IPO, which could take place as soon as this year, Bloomberg reported.In 2014, the company floated plans for an IPO to raise up to $1 billion but it did not work. Later Lion Air delayed the IPO in 2016 due to weak market conditions.Reporting by Bhanu Pratap in Bengaluru; Editing by Gopakumar Warrier
Sure boeing will help and buy a stake 😂😂😂😂...so that they can buy more 737 Max 8 ?
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Indonesia's Lion Air starts work on $1 billion IPO, according to reportThe company wants to move past the crash in October last year that killed 189 people on board.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Indonesia to speed up release of Lion Air crash report -safety agency headIndonesia will hasten the release of its report on the October crash of Lion Air... Let KNKT release the JT610 CVR data immediately! What is that vital information kept secret? It will get out eventually anyway...
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Cockpit voice recorder of doomed Lion Air jet depicts pilots' frantic search for fix - sourcesJAKARTA/SINGAPORE/PARIS (Reuters) - The pilots of a doomed Lion Air Boeing 737 MAX scoured a handbook as they struggled to understand why the jet was lurching downwards, but ran out of time before it hit the water, three people with knowledge of the cockpit voice recorder contents said. It is the first RT. I'm of the opinion that the PILOTS WERE NOT PROPERLY TRAINED! THIS IS A TECHNICAL FAILURE. BOEING IS SOLELY RESPONSIBLE FOR ALL THESE ACCIDENTS. US, Europe parliamentarians questioned facebook CEO 4 data security. Why NO Question to BOEING CEO 500 ppl are killed WHY BOEING IS NOT RESPONSIBLE realDonaldTrump ?
Source: YahooNews - 🏆 380. / 59 Read more »
Exclusive: Lion Air pilots scoured handbook in minutes before crash - sourcesThe pilots of a doomed Lion Air Boeing 737 MAX scrambled through a handbook to u... Pilot error again Leaked because Boeing were gonna cover it up. Reuters has it America, stay tuned...
Source: Reuters - 🏆 2. / 97 Read more »
Cockpit voice recorder reveals moments leading up to Lion Air Boeing 737 crashPilots of crashed Lion Air Boeing 737 Max scoured a handbook as they struggled to understand why the jet was diving, but ran out of time before it hit the water, Reuters reports, citing three people with knowledge of the cockpit voice recorder contents. It is incredibly heartbreaking to imagine this scenario playing out. Boeing knew. OMG!! BOEING KNEW THIS! IT HAS HAPPENED BEFORE, MANY YEARS AGO A PLANE right after take off nose dived in to a building bc the baggage wasn't loaded right and a censor didn't correct the systems.
Source: NBCNews - 🏆 10. / 86 Read more »
Cockpit voice recorder of doomed Lion Air jet depicts pilots' frantic search for a fixThe pilots of a doomed Lion Air Boeing 737 Max scoured a handbook as they struggled to understand why the jet was lurching downwards, but ran out of time before it hit the water. Yeah, yeah, yeah I almost wish I didn't know this. Doomed flight because the pilots were inadequately trained in this sophisticated aircraft. Sorry to sound callous but it is the truth.
Source: CNBC - 🏆 12. / 72 Read more »
Jump-seat pilot reportedly saved Boeing Max jet one day before Lion Air crashNew information from the cockpit voice recorder suggests the pilots pored over a handbook trying to determine why the jet was lurching downward, according to media reports. There is a 0% chance that I will ever fly a boeing max (insert ) aircraft. Ever. And I'm a pilot. So when they reported the incident, they just wrote it off? 'Records show that federal aviation authorities received at least 11 reports concerning perceived safety problems with the aircraft prior to the crashes.'
Source: USATODAY - 🏆 100. / 63 Read more »
Exclusive: Cockpit voice recorder of doomed Lion Air jet depicts pilots' frantic search for fix - sourcesThe pilots of a doomed Lion Air Boeing 737 MAX scoured a handbook as they strugg... Murdered by Boeing Lmao Thank you tRump ,
Source: Reuters - 🏆 2. / 97 Read more »
Black box of crashed Lion Air jet depicts pilots' search for fix - ReutersThe investigation into the crash, which killed all 189 people on board in October, has taken on new relevance as the US Federal Aviation Administration and other regulators grounded the model last week after a second deadly accident in Ethiopia.
Source: trtworld - 🏆 101. / 63 Read more »