Plane may have managed to ditch, say analysts
First funeral takes place; crisis centre for identifying victims, morgue set up at hospital in Surabaya
Jakarta
AS search teams hunt for the black boxes of AirAsia Flight QZ8501, analysts say that the pilot may have managed to make an emergency water landing, only for the plane to be overcome by high seas.
The Airbus 320-200 left the Indonesian city of Surabaya early on Sunday and disappeared from radar over the Java Sea during a storm, but it failed to send the transmissions normally emitted when a plane crashes or is submerged.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources