China cuts Air China's flight hours, launches safety review after incident
Reuters
Published Jul 17, 2018 09:14PM ET
China cuts Air China's flight hours, launches safety review after incident
SHANGHAI (Reuters) - China's aviation regulator will cut Air China's flight hours for its Boeing (NYSE:BA) 737 fleet by 10 percent and cancel the licenses for the pilot and co-pilot involved in an emergency descent incident last week, Chinese state television said.
The regulators also would launch a safety crackdown on Air China for three months and fine the airline 50,000 yuan ($7,460), China Central Television said on its WeChat account.
An Air China (SS:601111) (HK:0753) Boeing 737 aircraft was flying to the Chinese city of Dalian from Hong Kong on July 10 when it dropped to 10,000 feet (3,048 m), with oxygen masks deployed. Then it climbed again to continue to its destination.
The Civil Aviation Administration of China said the incident was linked to a co-pilot smoking an e-cigarette during the flight.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.