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Pegasus Airlines plane skids off runway, crashes in Turkey



  • A plane skidded off the runway at Istanbul’s Sabiha Gokcen airport on Wednesday.
  • Turkey’s transportation ministry said that none of the 177 passengers and crew members on board died. At least 52 people were taken to area hospitals, Istanbul’s governor said.
  • Images posted online appeared to show that the plane broke into at least two pieces.
  • This is a developing story. Check back for updates.
  • Visit Business Insider’s homepage for more stories.

A plane flown by the Turkish low-cost carrier Pegasus Airlines skidded off the runway at Istanbul’s Sabiha Gokcen airport on Wednesday, crashing into a road and breaking into pieces, Turkish media reported.

The Turkish transportation ministry said there were no fatalities among the 177 people, including six crew members, on board.

At least 52 people were injured and taken to area hospitals, Istanbul Gov. Ali Yerlikaya said, according to The Associated Press. The transportation minister, Mehmet Cahit Turhan, said the accident was the result of a “rough landing.”

Footage posted online by the Turkish TV station NTV showed heavy damage to the plane’s fuselage, with the front portion of the plane — including the cockpit and several rows of seats — appearing to have broken away from the rest of the plane. A second section, closer to the tail, appeared to have broken off as well. Passenger evacuation slides could be seen.

Other footage showed rescue workers surrounding the plane.

The station reported that the plane caught fire after it skidded but was quickly extinguished.

NTV reported that the plane arrived from the Turkish city of Izmir. The Sabiha Gokcen airport was shut down following the incident, with inbound flights diverting to Istanbul’s main airport instead.

Initial data showed that the plane involved was a Boeing 737-800 operating as Pegasus Airlines Flight 2193. A thunderstorm passing by the airport at the time brought gusty winds to the area, the Flight Safety Foundation said.

On January 7, another Pegasus plane skidded off a runway at the same airport. No one was injured in that incident, the AP reported.

Pegasus did not immediately reply to a request for information.

This is a developing story. Check back for updates.

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Mexico: More social spending, no big business bailout




MEXICO CITY — Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century.

Instead, the administration will expand his signature social programs, continue to prop up the heavily indebted state-owned oil company, deepen the government’s austerity campaign and do everything possible to avoid taking on more debt.

“There is a lesson that we have learned well and that we don’t forget,” López Obrador said to an empty and echoing National Palace patio. “An economic model that only benefits minorities does not yield general well-being, but on the contrary engenders public misery and violence.”

The economic reactivation plan remains consistent with his administration’s priority of helping Mexico’s most vulnerable through greater public spending on social welfare, keeping people employed and cutting costs in the sprawling government, he said.

As an example, he said the top level of government bureaucrats — from undersecretaries on up to him — will have their salaries reduced and give up their annual year-end bonuses.

López Obrador quoted U.S. President Franklin D. Roosevelt, who he described as that country’s best president “We have always known that heedless self interest was bad morals, we now know that it is bad economics.”

Before the speech Sunday, the primary association of Mexican industries, Concamin, warned in a statement that the pandemic could cause Mexico’s worst recession in a century. It called for “support to businesses to avoid the temporary closure of hundreds of thousands of them.”

Thus far, López Obrador has mostly talked about protecting the country’s poorest and placed special emphasis on those working in the informal half of Mexico’s economy. The industrial chamber made multiple references to the government’s support being widely inclusive.

López Obrador has praised billionaire Carlos Slim for his commitment to not laying off any workers during the crisis and urged other business owners to follow his example. The president has said that only workers in essential businesses should still be going to work and that those who stay at home should continue to be paid.

But he tried to appear open while not making any promises. Last week he received several of the country’s top businessmen and on Saturday he tweeted a photograph of a video call he had with BlackRock Chairman and CEO Larry Fink, during which they exchanged “opinions about the coronavirus and the deterioration of the global economy.”

Even before the pandemic, Mexico’s economy had already been in recession. Then last week, Mexico’s Treasury predicted the country’s economy will contract as much as 3.9% in 2020 because of the pandemic, and private analysts are making even direr predictions.

The Bank of America predicted Thursday that Mexico’s GDP could contract 8% this year. That would be a bigger downturn than during the 2009 global recession, complicated in Mexico by the H1N1 pandemic, when GDP decreased 6.5%. It would also be worse than the December 1994 peso crisis, following which the country’s GDP fell 6.2% in 1995.

A close economic partner of the United States, Mexico will expect to receive some benefit from the huge $2 trillion stimulus package approved there.

On Sunday, López Obrador continued to strike an optimistic tone.

“This crisis is passing, transitory,” he said of the pandemic. “Soon normality will return. We will overcome the coronavirus. We will reactivate the economy and Mexico will continue standing showing the world its glory and its greatness.”

Mexico has reported 79 deaths related to the virus and nearly 2,000 confirmed infections.

For most people, the coronavirus results in mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. But it can cause more several illness, including pneumonia and death, for some, especially older adults and people with existing health problems.

The new coronavirus has caused a global pandemic that has sickened at least 1.2 million, killed more than 69,000 worldwide, crippled economies and forced restrictions on the movement of millions of people in an effort to stop the virus from spreading and overwhelming health care systems.

Christopher Sherman, The Associated Press

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Coronavirus: Calgary business collects 3,500 pounds of pet food, donations in 4 hours – Calgary




Calgarians are well-known for their community spirit, and despite the novel coronavirus crisis, that spirit was extended to include pets Saturday.

More than 3,500 pounds of pet food and donations were collected during a pet food drive on April 4 and delivered to the Calgary Food Bank.

“Being an essential business, we’ve been very fortunate,” Malmberg said.

“This crisis hasn’t affected us as much as a lot of companies, a lot of people. So we just wanted to do something.”

What is an essential service? After groceries, it depends where you live in Canada

After hearing of a shortage of pet food donations at the Calgary Food Bank, Malmberg posted on social media April 1 that his store would be able to collect pet food and donations April 4.

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“A lot of people, when they think of the [Calgary] Food Bank they’re thinking about food. But so many of the clients have dogs and cats and small animals,” he said.

Malmberg invited people to stop by the parking lot of his Lake Bonavista store on Saturday between noon and 4 p.m. Volunteers accepted donations from the backs of vehicles, and within the first couple of hours, Malmberg could tell the initiative was a huge success.

Malmberg said providing pet food for clients of the Calgary Food Bank might just be enough to ensure people are not forced to make difficult decisions.

“If [people] don’t have the food to feed their animals, they’re either going to have to surrender them or abandon them,” he said.

The four-hour food drive was such a success that Malmberg said he had to call on volunteers to bring more trucks to help deliver the donations to the food bank.

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“I just want to thank the entire city. The response has been overwhelming,” Malmberg said.

For more information on the Calgary Food Bank click here.

© 2020 Global News, a division of Corus Entertainment Inc.

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Cath Kidston to call in administrators amid coronavirus lockdown | Business




Cath Kidston is preparing to call in administrators, putting more than 900 jobs at risk, as the vintage-inspired chain battles for survival during the coronavirus lockdown.

The business, which has 60 stores in the UK and a further 180 overseas, has filed a notice of intention to appoint administrators, a legal process which protects the business from creditors for 10 working days, as it considers potential rescue options. The group employs 941 people in the UK, 820 of whom were furloughed on 22 March under the government scheme.

Advisory firm Alvarez & Marsal (A&M) was appointed last month to help Cath Kidston seek a buyer as the British brand, which opened its first store in 1993, struggled to make a profit for its Hong Kong-based owner Baring Private Equity Asia.

Cath Kidston Group has been in difficulties for some time, recording a pretax loss of £42.3m in the year to the end of March 2018 when sales rose just 1.2% and it closed small retail businesses in France and Spain.

Coronavirus lockdowns in the UK and elsewhere have only added to the difficulties and it is understood that even if a buyer is found, the rescue is likely to involve a pre-pack administration.

A Cath Kidston spokesperson said: “The notice of intention forms part of the process by which Cath Kidston is continuing to work with A&M to explore all options for the company in the current climate.”

The group is one of many retailers battling for survival in the UK after the Covid-19 pandemic forced the closure of most stores.

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Debenhams is also preparing to call in administrators after the struggling department store was forced to close all its outlets under the lockdown while Sir Phillip Green’s Arcadia Group, the owner of Topshop and Miss Selfridge, is expected to permanently close hundreds of stores as it suffers from competition from the likes of Asos, Boohoo and Primark.

The lockdown has added to existing pressures on retailers from the consumer switch to online shopping and rising costs from business rates coupled with the fall in the value of the pound since the 2016 Brexit vote.

Fashion brands have been hit particularly hard as young people switch from spending on outfits to alternatives such as digital subscriptions and mobile phones while competition from online businesses remains intense.

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