More Countries Ban 737 Max 8 Aircraft, But Not HK
"); jQuery("#212 h3").html("

"); });
2019-03-12 HKT 23:24
Hong Kong aviation authorities have been criticised for adopting a wait-and-see attitude on whether to ban Boeing 737 Max 8 planes from its airspace following a deadly crash in Ethiopia on Sunday in which 157 people died, including a Hong Kong man. A growing number of countries have opted to ban the use of the aircraft.
The Civil Aviation Department (CAD) said in a statement on Tuesday that it's contacting the only two airlines who use the aircraft on services to Hong Kong - India's SpiceJet and Russia's Globus Airlines.
It also said it would monitor developments, noting that the accident is still being investigated.
The CAD added that the Federal Aviation Administration (FAA) in the United States has said the planes are airworthy.
However, pilot-turned-lawmaker Jeremy Tam said says the department should take the initiative.
Tam said it didn't matter whether it was a single plane or a single airline, because passengers were still at risk.
"You have to send a strong signal to FAA and Boeing to fix this issue and to ground the aircraft," Tam said.
Several countries, including China, Singapore and Australia, banned the planes after the crash, and France, Germany, Ireland, Britain, the Netherlands and the EU aviation safety agency followed suit on Tuesday.
However, US authorities said on Tuesday they would not make any decision on the matter until they had more evidence.
"We continue to be involved in the accident investigation and will make decisions on any further steps based on the evidence," FAA spokesperson Lynn Lunsford said. (Staff reporter, AFP)
Last updated: 2019-03-13 HKT 01:56
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
