Home Headline News Boeing 737 Crashes 62 People On Board

Boeing 737 Crashes 62 People On Board

by S. Jack Heffernan Ph.D

Boeing 737 has Crashed 62 People On Board

There were 56 passengers and six crew members on board.

Flightradar24 said that Flight SJ182 “lost more than 10,000 feet of altitude in less than one minute, about 4 minutes after departure from Jakarta”.

Jakarta Provincial Fire and Rescue Service announced on its Twitter account that searchers have found debris as they frantically sweep the area in search of the Sriwijaya Air jet, which lost contact with aviation authorities shortly after departing from Jakarta on Saturday.

Footage on social media shows searchers holding up wires and other bits of material that were found floating in the bay during the operation. 

Sriwijaya Air
Sriwijaya Air
Sriwijaya Air

The Sriwijaya Air jet carrying more than 60 people was traveling from Indonesian capital Jakarta to Pontianak in West Kalimantan province and lost contact shortly after taking off on Saturday.

Indonesia, the world’s largest archipelago nation with more than 260 million people, has been plagued by transportation accidents on land, sea and air because of overcrowding on ferries, aging infrastructure, and poorly enforced safety standards.

A Boeing 737 MAX operated by Indonesian airline Lion Air crashed off Jakarta in late 2018, killing all 189 passengers and crew. The plane that lost contact on Saturday is a much older model.

Image
Sriwijaya Air

Sriwijaya Air is an Indonesian airline based in Jakarta with its headquarters located at Soekarno-Hatta International Airport M1 Area in Tangerang, near Jakarta. Sriwijaya Air is the country’s third largest carrier, operating a fleet of narrow-body aircraft, and offers flights to various Indonesian destinations and a few international destinations. The airline is listed as a Category 1 airline by Indonesia’s Civil Aviation Authority, the highest status that can be achieved for operational safety.

In November 2018, Garuda Indonesia through its subsidiary Citilink took over operations as well as financial management of Sriwijaya Air by a cooperation agreement (KSO).

On November 8, 2019. Cooperation Agreement (KSO) between Garuda Indonesia and Sriwijaya Air was terminated, marked by the resumption of Sriwijaya Air’s ground service equipment which was originally stored while the Cooperation Agreement (KSO) was in progress. This is because PT. GMF Aero Asia .Tbk and PT. Gapura Indonesia. Tbk as subsidiaries from Garuda Indonesia Grup unilaterally stopped providing services to Sriwijaya Air passengers and causing various delays and abandoned passengers because the Sriwijaya Group did not pay in cash to the Garuda Indonesia Group for the provision of the service facilities.

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2023 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.