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Jet Airways Ltd and SpiceJet Ltd, two top Indian airlines, operate Boeing 737 MAX 8 aircraft. SpiceJet suspended operations of the 737 MAX after the regulator’s decision to ground the aircraft, the airline’s spokesman said on Wednesday robinsons cufflinks. It expects to complete grounding of the Boeing jets by the 1030 GMT deadline. The airline has 13 737 MAX jets in its fleet, according to FlightGlobal. Jet Airways, in a response to customer queries on Twitter, said it was not flying the 737 MAX. The airline, which is struggling financially, has said that 32 of the planes in its fleet have been grounded for non-payment to lessors..

It has not specified the types involved, but FlightRadar24 data shows its five once-active 737 MAX jets were grounded before the Ethiopian crash. The European Union’s aviation safety regulator has already suspended all flights in the bloc by Boeing 737 MAX planes, joining a wave of suspensions of the aircraft across the globe. SpiceJet’s shares plunged as much as 8.8 percent to their lowest since Dec robinsons cufflinks. 11, before recovering to trade down 2.9 percent later in the day. Jet fell as much as 3.4 percent..

SINGAPORE/DUBAI (Reuters) – Groundings of brand-new Boeing (BA.N) 737 MAX 8 jets have sent shockwaves through global aviation after a crash in Ethiopia, but many airlines are managing to keep to schedule with other jets while economic woes mean some may be grateful for a pause. The 737 Max 8 upgrade to Boeing’s best-selling jet only entered service in 2017, meaning there are not many in the skies compared with other more established work horses robinsons cufflinks. “If you had a grounding of something like the 737-800, wow what an impact. But with the MAX, there are fewer than 400 of these flying globally,” one aviation analyst said, adding that most airlines could “backfill most of the capacity”..

The Ethiopian Airlines crash that killed 157 people on Sunday was the second 737 MAX crash in less than six months, with 189 others killed when a Lion Air jet went down in Indonesia in October. There were 371 of the 737 MAX family jets in operation before this week’s groundings, led by China, according to Flightglobal robinsons cufflinks. Around two-thirds of the fleet is now grounded, based on Reuters calculations. That compares to more than 6,000 of the previous model, the 737 NG series, giving airlines the ability to use other jets in their fleets as a replacement for at least some of the flights..

“At present the impact of any groundings is contained by the relatively small global fleet currently in service,” aviation consultant John Strickland told Reuters. The time of year and signs of concerns about a peak in global aviation growth and a slowdown in the economy means cutting capacity is not necessarily negative for airlines robinsons cufflinks. “It is off-season so it is an easier gesture to make, and some airlines are more worried about having too much capacity,” a Western aviation official said..

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For others who are able to make do without the 737 MAX 8 for a period, doing so is likely to come at a cost. “It is a headache for airlines to take aircraft out of service with flights likely to be canceled and an impact on revenues,” Strickland added wedding cufflinks. Although March is not a peak season for flights, some have been hit, with Chinese aviation data firm Variflight on Monday saying at least 29 international and domestic flights had been canceled. However, airlines had swapped for other planes on 256 other flights that had been scheduled to use the 737 MAX 8..

Singapore’s Changi Airport said on Tuesday that one planned 737 MAX flight by Shandong Airlines to and from Jinan had been canceled, but others had gone ahead with different aircraft. Singapore Airlines Ltd (SIAL.SI), Indonesia’s Lion Air and Garuda Indonesia (GIAA.JK) and state-backed carriers Air China Ltd (601111.SS), China Eastern Airlines Corp Ltd (600115.SS) and China Southern Airlines Co Ltd (600029.SS) all have large fleets of jets other than the MAX to draw on, the analyst said wedding cufflinks.

The bigger impact from the Ethiopian crash could be on future deliveries, since other carriers including Korean Air Lines Co Ltd (003490.KS) have placed relatively large orders for 737 MAX 8 jets, said Um Kyung-a, a senior analyst at Shinyoung Securities wedding cufflinks. “It might turn into a big headache for them if Boeing fails to nail down the causes of the recent crashes,” Um said. “If that turned out to be the case, they need to come up with different plans to replace their 737 MAX 8 orders.”..

Brazil’s largest airline, Gol Linhas Aereas Inteligentes (GOLL4.SA), has 100 Boeing 737 Max 8 jets on order. It currently operates seven such planes, which it decided to ground late on Monday wedding cufflinks. Gol operates Boeing 737 models exclusively and announced in December that it was accelerating its transition to the newer MAX 8 planes by leasing 11 more from the second half of this year. Flydubai, which has 13 737 MAX jets, said it was adjusting its schedule to minimize disruption to passengers, including switching flights to older 737s. Fiji Airways said it would use other 737s and Airbus SE (AIR.PA) A330s to cover for the grounding of two 737 MAXs..

Lion Air, which suffered a 737 MAX crash in October, has refused to take delivery of some of the jets but analysts say it is suffering from overcapacity and may benefit from a slowdown. It threatened in November to cancel Boeing orders in a row over the crash but has yet to do so, industry sources said. Airbus is another supplier and is seen in talks to sell more. Malaysian officials said on Monday they had asked national carrier Malaysia Airlines to revisit its order for 25 737 MAX jets. “I feel there are other factors apart from safety, including finance and politics, for that move,” said Shukor Yusof, the head of Malaysia-based aviation consulting firm Endau Analytics wedding cufflinks.

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Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, increased 0.4 percent in January. That reflected a 1.2 percent rise in demand for transportation equipment. Durable goods orders increased 1.3 percent in December. Orders for motor vehicles and parts fell 1.0 percent in January, the biggest drop since last May wedding cufflinks for groom. Orders for non-defense aircraft increased 15.9 percent after surging 35.7 percent in December. Boeing reported on its website that it had received only 46 aircraft orders in January, a sharp step-down from the 218 in December..

ADDIS ABABA (Reuters) – The black boxes from a Boeing 737 MAX 8 plane that crashed in Ethiopia, killing 157 people, will be sent to Europe for analysis, a spokesman for Ethiopia Airlines said on Wednesday wedding cufflinks for groom. “(They) will be taken to Europe,” Asrat Begashaw told Reuters. He said it would be decided “today or tomorrow” which country would receive the boxes. Asrat also said the pilot had reported flight control problems and had requested to return to Addis Ababa, from where the plane took off en route to Nairobi..

Sunday’s crash has triggered a global backlash against the 737 MAX aircraft, with two-thirds of the fleet grounded by aviation authorities or airlines. In October, the same model crashed in Indonesia minutes after take-off, killing 189 people and sparking concerns over automated flight systems wedding cufflinks for groom. Asrat said the pilot had been trained on the plane after the October Lion Air crash. “They were trained, the manual updated and simulator training was completed,” he said. He said Ethiopian Airlines would consider whether to proceed with an order for more 737 MAX 8s after the preliminary investigation, but that the relationship with Boeing remained close..

ADDIS ABABA (Reuters) – The black boxes from the Ethiopian Airlines plane that crashed on Sunday will be sent overseas for analysis because there is not capacity in the country to do it, an Ethiopian Airlines spokesman said on Wednesday wedding cufflinks for groom. “There is no capacity here so the black box will be sent elsewhere for analysis,” the spokesman said. The crash on Sunday of an Ethiopian Airlines Boeing 737 MAX passenger jet killed all 157 people onboard. The black boxes – the voice and data recorders – were recovered from the crash site, 60 km (40 miles) outside Ethiopia’s capital Addis Ababa on Monday..

BENGALURU (Reuters) – India will not allow U.S. planemaker Boeing Co’s 737 MAX aircraft to enter or transit its airspace after 1030 GMT, the ministry of civil aviation said on Wednesday, following the fatal crash of a plane of the same type in Ethiopia on Sunday. “The time line is to cater to situations where aircraft can be positioned at maintenance facilities & international flights can reach their destinations,” the ministry said in a tweet. The civil aviation ministry had said late on Tuesday that it would ground 737 MAX immediately wedding cufflinks for groom.

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They fell by 4.8 percent in early trade on Wednesday but later recovered to trade up 2.7 percent by 1246 GMT black onyx cufflinks and studs. Norwegian canceled some flights on Tuesday, and on Wednesday it canceled at least three dozen departures, its website showed, most of which were due to fly from airports in Oslo, Stockholm and other Nordic cities. The airline was booking passengers on to other flights and using other types of planes from its fleet to help fill the gaps. In a separate statement, Norwegian said it would deploy one of its larger Boeing 787 Dreamliner aircraft to operate its daily route from Dublin to Stewart airport north of New York City, replacing the grounded MAX..

WASHINGTON, (Reuters) – New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to strong business spending on equipment at the start of the year. The Commerce Department said on Wednesday orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rebounded 0.8 percent, the biggest gain since July. Data for December was revised up to show these so-called core capital goods orders falling 0.9 percent instead of declining 1.0 percent as previously reported black onyx cufflinks and studs.

Economists polled by Reuters had forecast core capital goods orders edging up 0.1 percent in January. Core capital goods orders increased 3.1 percent on a year-on-year basis. Shipments of core capital goods jumped 0.8 percent in January after an upwardly revised 0.1 percent gain in the prior month. Core capital goods shipments are used to calculate equipment spending in the government’s gross domestic product measurement. They were previously reported to have been unchanged in December black onyx cufflinks and studs. Business spending on equipment accelerated in the fourth quarter..

The January report was delayed by a 35-day partial shutdown of the federal government that ended on Jan. 25. The February report, which was scheduled for release later this month, will now be published on April 2. The surge in core capital goods shipments could result in economists raising their first-quarter growth forecasts. Growth estimates for this quarter were slashed to as slow as a 0.2 percent annualized rate following a report on Monday showing a modest increase in retail sales in January black onyx cufflinks and studs.

The economy is losing steam as the stimulus from a $1.5 trillion tax cut fades black onyx cufflinks and studs. A trade war between the United States and China, slowing global economies and uncertainty over Britain’s exit from the European Union are other factors that are also hurting activity. The economy grew at a 2.6 percent pace in the fourth quarter. Slowing growth and tame inflation support the Federal Reserve’s “patient” approach towards further interest rate increases this year. In January, orders for machinery rebounded 1.4 percent after dropping 0.6 percent in December. Orders for electrical equipment, appliances and components jumped 1.7 percent after falling 0.2 percent in the prior month. But orders for computers and electronic products declined 1.3 percent, the biggest drop since March 2017. There were also decreases in orders for primary metals and orders for fabricated metal products were unchanged..

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In its latest financial report, Deutsche has set aside 1.2 billion euros for litigation. That is a fraction of earlier years but nonetheless more than three times its 2018 profit. The bank has dealt with the bulk of legal action going back to the economic crash, and has improved its finances. Announcing the first profit since 2014 last year, CEO Sewing said the group was “on the right track”. But German officials were not convinced and continued to push for talks with Commerzbank. He has now bowed to that pressure picture cufflinks for wedding.

MILAN (Reuters) – The top shareholder in EssilorLuxottica sought to ease concerns over governance at the merged Franco-Italian group on Wednesday by saying he would not insist on his right-hand man becoming chief executive of the combined company picture cufflinks for wedding. Italy’s Luxottica and France’s Essilor merged last October to create the world’s biggest producer of spectacles and lenses. Analysts say the division of power at the group is unclear and that tensions could undermine the integration process..

The group has just launched the search for a new chief executive, to be appointed by the end of next year. Leonardo Del Vecchio, the founder of Luxottica who is now the largest shareholder and the executive chairman of the combined group, had appeared to indicate in November that he wanted his right-hand man Francesco Milleri to get the CEO job – a prospect that has irked the French side picture cufflinks for wedding. On Wednesday, a spokesman for Del Vecchio, 83, said his November comments “shouldn’t be interpreted as his desire to appoint Francesco Milleri as CEO of EssilorLuxottica.”..

The spokesman added that Del Vecchio, who has 32 percent of EssilorLuxottica, wanted to transfer some operational functions to Milleri, so that he could focus more on strategic matters. The governance issue came back into focus on Wednesday after a Financial Times report said the French and Italian sides were pushing their own candidates for the top job. Milleri started off as an IT consultant to Luxottica and grew closer to Del Vecchio over the years, eventually becoming the billionaire founder’s most trusted aide and CEO of the Italian company picture cufflinks for wedding.

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The grounding was welcomed by air workers in the United States. John Samuelsen, international president of the Transport Workers Union of America, which represents aviation workers and flight attendants, said the grounding of the fleet was right “both for air travelers and aviation workers.”. GRAPHIC – Boeing shares hit after Ethiopia jet crash: letter u cufflinks. Canada also grounded 737 MAX jets on Wednesday, saying satellite data suggested similarities to the previous crash involving the same plane model in October..

U.S.-based aircraft-tracking firm Aireon provided the satellite data to the FAA, Transport Canada and several other authorities, company spokeswoman Jessie Hillenbrand said. Ethiopian Airlines spokesman Asrat Begashaw said it was still unclear what happened on Sunday, but its pilot had reported control issues as opposed to external factors such as birds. “The pilot reported flight control problems and requested to turn back. In fact he was allowed to turn back,” he said. Brazil, Mexico and Panama on Wednesday became the first Latin American nations to suspend the Boeing 737 MAX. Earlier, Panama’s Copa Airlines had suspended operations of its six Boeing 737 MAX 9 aircraft until the findings are published of an investigation into Sunday’s crash letter u cufflinks.

FRANKFURT (Reuters) – The German government has pressured Deutsche Bank into merger talks with state-backed Commerzbank amid concerns for the health of the country’s flagship bank, according to officials familiar with the matter. Deutsche, the largest bank in Germany, Europe’s biggest economy, emerged unscathed from the financial crash but later lost its footing. In 2016, the International Monetary Fund called the bank the world’s biggest potential risk among peers to the financial system because of its links to other banks letter u cufflinks.

German officials fear that a recession or big fine, for example, could derail the bank’s fragile recovery. Berlin wants a reliable national banking champion to support its export-led economy, known for cars and machine tools. Deutsche and other European banks have taken longer to recover from the financial crisis, losing ground to stronger rivals from the United States. Other than Deutsche, Commerzbank is Germany’s only remaining big bank, after a series of mergers letter u cufflinks. The government holds a 15 percent stake after bailing it out during the crisis, giving it an important voice..

Commerzbank, like Deutsche, has struggled to rebound, and German officials say it is vulnerable to a foreign takeover. If an international rival snapped it up, that would increase competition for Deutsche on its home turf. Berlin also wants to keep Commerzbank’s specialty – the funding of medium-sized companies, the backbone of the economy – in German hands letter u cufflinks. The merged bank would have roughly 1.8 trillion euros in assets, such as loans and investments, and a market value of about 25 billion euros ($28 billion). It would have one fifth of the German retail banking market..

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OSLO (Reuters) – Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash. “We expect Boeing to take this bill,” Norwegian said in an emailed statement cufflinks debenhams. The Oslo-based airline has 18 ‘MAX’ passenger jets in its 163-aircraft fleet. European regulators on Tuesday grounded the aircraft following Sunday’s crash of a similar plane in Ethiopia, which killed 157 people and was the second crash involving that type of plane since October..

Boeing Chief Executive Dennis Muilenburg said on Monday that he was confident in the safety of the 737 MAX in an email to employees, which was seen by Reuters cufflinks debenhams. Industry sources, however, said the planemaker faces big claims after the crash. Norwegian has bet heavily on the ‘MAX’ to become its aircraft of choice for short- and medium-range flights in coming years as the low-cost carrier seeks to boost its fuel efficiency and cut the cost of flying. “What happens next is in the hands of European aviation authorities. But we hope and expect that our MAXes will be airborne soon,” Norwegian Air’s founder and Chief Executive Bjoern Kjos said in a video recording released on social media..

“Many have asked questions about how this affects our financial situation. It’s quite obvious that we will not take the cost related to the new aircraft that we have to park temporarily. We will send this bill to those who produce this aircraft,” he added. Idle planes will add to pressures on the airline, which is making losses amid intense competition at a time when several smaller European competitors have gone out of business. The carrier has raised 3 billion Norwegian crowns ($348 million) from shareholders in recent months and said it would cut costs as it tries to regain profitability this year cufflinks debenhams.

“If this situation gets solved within the next fortnight, this will not be very serious for Norwegian,” said analyst Preben Rasch-Olsen at brokerage Carnegie, adding that seasonally low demand in March likely leaves spare capacity. “The little extra costs they are incurring, they can probably get that covered by Boeing,” Rasch-Olsen said. “But if this situation continues into the Easter holidays, or May and June, then it is a problem cufflinks debenhams. They (will) need to get in new planes. And then comes the costs.”..

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Together, Deutsche and Commerzbank operate 2,500 branches in Germany and employ 140,000 people worldwide. A merger puts at least 10,000 jobs at risk, according to unions. Proponents of a merger include the German government and U.S 1950’s swank cufflinks. investor Cerberus, which is a shareholder in both banks. Opponents include some other shareholders in Deutsche Bank and labor unions. Deutsche’s chief executive officer Christian Sewing would prefer to have more time to stabilize the bank before taking on a merger, people familiar with the matter have said..

In February, Deutsche’s management board gave Sewing the go-ahead for exploratory talks with Commerzbank, a person with knowledge of the matter said 1950’s swank cufflinks. There have been contacts among a small circle of executives. Talks could end without a deal, the person said. With the talks now out in the open, and Berlin still pushing for a deal, the companies are under pressure to figure out the mechanics of a fusion and decide whether or not it is workable. That decision is seen within weeks. One of the biggest risks is how to fill what one German official has told Reuters will be a multi-billion-euro financial hole because a merger could trigger an adjustment to the valuation of some bank investments..

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The single-aisle 737 is central to Boeing’s future in its battle with European rival Airbus SE. The new variant of the 737, the fastest-selling jetliner in Boeing’s history, is viewed as the likely workhorse for global airlines for decades. “The agency made this decision as a result of the data gathering process and new evidence collected at the site and analyzed today,” the FAA said, shortly after U.S what cufflinks to wear with a tuxedo. President Donald Trump announced the planes would be grounded. GRAPHIC – Ethiopian airlines crash speed and altitude data:

It was the second time the FAA has halted flights of a Boeing plane in six years. It grounded the 787 Dreamliner in 2013 because of problems with smoking batteries what cufflinks to wear with a tuxedo. Boeing, which maintained that its planes were safe to fly, said in a statement that it supported the latest FAA move. “Boeing has determined – out of an abundance of caution and in order to reassure the flying public of the aircraft’s safety – to recommend to the FAA the temporary suspension of operations of the entire global fleet of 371 737 MAX aircraft.”..

The crash involving a Boeing 737 MAX in Indonesia killed 189 people. Passengers have been spooked by the two disasters. U.S. travel website Kayak was making changes to let customers exclude specific aircraft types from searches, and booking sites were looking to reroute passengers. GRAPHIC – Ethiopian Airlines crash plane and black boxes: what cufflinks to wear with a tuxedo. RE-BOOKING PASSENGERS. U.S. airlines that operate the 737 MAX, Southwest Airlines Co, American Airlines Group Inc and United Airlines, said they were working to re-book passengers. Southwest had 5 MAX-related cancellations on Wednesday and American nearly 40..

Southwest is the world’s largest operator of the 737 MAX 8 with 34 jets. France’s air accident investigation agency BEA will analyze black-box cockpit voice and data recorders from the crashed plane, a spokesman said. The French announcement resolved uncertainty over the fate of the two recorders after Germany’s BFU said it had declined a request to handle them because it could not process the new type of recorder used on the 737 MAX jets, in service since 2017. Shares of the company ended up 0.5 percent at $377.14, recovering from a more than 3 percent fall in the afternoon when the FAA announcement was made what cufflinks to wear with a tuxedo.

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As CTG is keen to expand in Latin America, a joint venture in the continent would provide a satisfactory outcome should the takeover offer for EDP fail, two sources said. EDP’s Brazilian subsidiary EDP Energias do Brasil has a market capitalisation of $2.8 billion, while CTG has unlisted assets in the country. The two companies already have a JV in a project in Peru how to wear cufflinks double cuff. CTG did not immediately respond to a request for comment. EDP Energias do Brasil declined to comment. “If CTG fails to increase its stake, a return to the status quo is impossible.. CTG can end up taking ownership of the Brazilian business and have a smaller stake in EDP,” one of the sources said..

At a strategic update to investors held on March 12, EDP said it plans to sell 2 billion euros worth of assets in Portugal and Spain, and raise 4 billion euros via an asset rotation programme until 2022 to fund its expansion in renewable energy and repair its balance sheet. The sale of the Iberian assets also reflects part of Elliott’s demands, although the activist investor proposes divestments of 7.6 billion euros how to wear cufflinks double cuff. EDP owns 51 percent of EDP Energias do Brasil, a Brazilian holding company that generates, distributes and trades electric power. With operations in seven states of Brazil, the firm owns one thermoelectric plant, 16 hydropower plants, two power distributors, a trading company and a power grid..

Sources had previously told Reuters that EDP has started a sale process for its thermoeletric plant Pecem in the state of Ceara. “The idea is to combine the companies owned by CTG in Brazil with EDP’s listed subsidiary there,” a third source said how to wear cufflinks double cuff. CTG owns 17 hydropower plants and 11 wind farms in Brazil with 8.2 GW installed capacity. The assets are estimated to be worth around $5.6 billion, which means CTG would control roughly two thirds of a potential combined listed entity, the third source added, cautioning that there are no talks between the parties at this stage..

WASHINGTON (Reuters) – The United States grounded Boeing Co’s money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world’s largest planemaker facing its worst crisis in years how to wear cufflinks double cuff. The U.S. Federal Aviation Administration (FAA) cited new satellite data and evidence from the scene of Sunday’s crash near Addis Ababa for its decision to join Europe, China and other nations in suspending 737 MAX flights..

The crash was the second disaster involving the 737 MAX, the world’s most-sold modern passenger aircraft, in less than five months. GRAPHIC – Ethiopia Airlines crash location: The new information from the wreckage in Ethiopia and newly refined data about the plane’s flight path indicated some similarities between the two disasters “that warrant further investigation of the possibility of a shared cause,” the FAA said in a statement. The acting administrator of the FAA, Daniel Elwell, said he did not know how long the U.S. grounding of the aircraft would last how to wear cufflinks double cuff. A software fix for the 737 Max that Boeing has been working on since a fatal crash last October in Indonesia will take months to complete, Elwell told reporters..