Connect with us

Business

Blame game over Air India crash goes on

Published

on

Blame game over Air India crash goes on


Theo LeggettInternational Business Correspondent

Getty Images The aftermath of the Air India crash showing a part of the plane crashed in the ground. Three men in high-vis jackets inspect the sight. Taken on 15th June 2025.Getty Images

Nearly five months after a plane crash in India which killed 260 people, the investigation has become mired in controversy – with the country’s Supreme Court the latest to weigh in.

Flight 171 was en route to London from Ahmedabad in western India on 12 June. It crashed into a building just 32 seconds after taking off.

An interim report was released in July, but critics argue it unfairly focused on the actions of the pilots, diverting attention away from a possible fault with the aircraft.

On Friday, a judge in India’s Supreme Court insisted that nobody could blame the aircraft’s captain.

His comments came a week after the airline’s boss insisted there was no problem with the aircraft.

During a panel discussion at the Aviation India 2025 summit in New Delhi in late October, Air India’s chief executive Cambell Wilson admitted that the accident had been “absolutely devastating for the people involved, for the families of those involved, and the staff”.

But he stressed that initial investigations by Indian officials, summed up in a preliminary report, had “indicated that there was nothing wrong with the aircraft, the engines or the operation of the airline”.

He added although Air India was working with investigators it was not involved directly.

Because the accident happened in India, the investigation is being led by the country’s Air Accident investigation Bureau (AAIB). However, because the aircraft and its engines were designed and built in America, US officials are also taking part.

A month after the accident, the AAIB published a preliminary report. This is standard procedure in major accident investigations and is meant to provide a summary of the known facts at the time of publication.

The report will typically draw on information gleaned from examination of the crash site, for example, as well as basic material downloaded from the flight data recorder. It will not normally make firm conclusions about the cause of the accident.

However, the 15-page report into Air India 171 has proved controversial. This is largely due to the contents of two short paragraphs.

First, it notes that seconds after takeoff, the fuel cutoff switches – normally used when starting the engines before a flight and shutting them down afterwards – had been moved from the “run” to the cutoff position.

This would have deprived the engines of fuel, causing them to lose thrust rapidly. The switches were moved back to restart the engines, but too late to prevent the disaster.

It then says: “In the cockpit voice recording, one of the pilots is heard asking the other why did he cutoff. The other pilot responded that he did not do so.”

Close-up view of Dreamliner 787 aircraft cockpit control panel with labelled components. The thrust levers are prominent in the centre. Engine fuel control switches, which cut fuel supply and shut down engines, are on the left. Switches with a stop lock mechanism that must be lifted before turning are on the right. Guard brackets prevent accidental movement of the switches

What the fuel switches would have looked like inside a Boeing 787 Dreamliner cockpit

That indirectly-reported exchange sparked intense speculation about the role of the two pilots, Captain Sumeet Sabharwal and his first officer Clive Kunder, who was flying the plane at the time.

A former chair of the National Transportation Safety Board, Robert Sumwalt, claimed the report showed “this was not a problem with the airplane or the engines”.

“Did somebody deliberately shut down the fuel, or was it somehow or another a slip that they inadvertently shut off the fuel?” he said during an interview with the US network CBS.

Indian aviation safety consultant Capt. Mohan Ranganathan strongly implied that pilot suicide could have caused the accident, in an interview with the country’s NDTV channel.

“I don’t want to use the word. I’ve heard the pilot had some medical history and… it can happen,” he said.

Mike Andrews, a lawyer acting on behalf of victims’ families, thinks the way in which information has been released has “led people unfairly and inappropriately to blame those pilots without all the information”.

“An aircraft like this – that is so complex – has so many things that could go wrong,” he explains.

“To seize upon those two very small, decontextualised pieces of information, and automatically blame pilots for suicide and mass murder… is unfair and wrong.”

That view is echoed by Capt. Amit Singh, founder of the Safety Matters Foundation, an organisation based in India that works to promote a safety culture in aviation.

He has produced a report which claims the available evidence “strongly supports the theory of an electrical disturbance as the primary cause of the engine shutdown” that led to the disaster.

He believes an electrical fault may have caused the Full Authority Digital Engine Control (FADEC), a computerised system which manages the engines, to trigger a shutdown by cutting off the fuel supply.

Meanwhile the flight data recorder, he suggests, may have registered the command to shut off the fuel supply, rather than any physical movement of the cutoff switches in the cockpit.

In other words, the switches themselves may not have been touched at all, until the pilots tried to restart the engines.

Capt. Singh has also challenged the way in which the investigation has been carried out in India’s Supreme Court.

He told the BBC the way in which the preliminary report was framed was biased because it “appears to suggest pilot error, without disclosing all the technical anomalies that occurred during the flight”.

Meanwhile the Supreme Court itself has already commented on the issue.

It has been considering a petition filed by Pushkarraj Sabharwal, the father of Capt. Sumeet Sabharwal. The 91-year-old has been seeking an independent judicial inquiry into the tragedy.

“It’s extremely unfortunate, this crash, but you should not carry this burden that your son is being blamed. Nobody can blame him for anything,” Justice Surya Kant told him.

A further hearing is expected on 10 November.

‘Flat out wrong’

The theory that an electrical fault could have caused the accident is supported by the US-based Foundation for Aviation Safety (FAS).

Its founder is Ed Pierson, a former senior manager at Boeing, who has previously been highly critical of safety standards at the US aerospace giant.

He believes the preliminary report was “woefully inadequate… embarrassingly inadequate”.

His organisation has spent time examining reports of electrical issues on board 787s. They include water leaks into wiring bays, which have previously been noted by the US regulator, the Federal Aviation Authority. Concerns have also been voiced in some other quarters.

“There were so many of what we consider electrical oddities on that plane, that for them to come out and to all intents and purposes direct the blame to the pilots without exhaustively going through and examining potential system failures, we just thought was flat out wrong,” he says.

He believes there was a deliberate attempt to divert attention away from the plane and on to the pilots.

The FAS has called for wholesale reform of current international air accident investigation procedures, citing “outdated protocols, conflicts of interest and systemic failures that endanger public trust and delay life-saving safety improvements”.

‘Keeping an open mind’

Mary Schiavo, an attorney and former inspector general at the US Department of Transportation, disagrees that the pilots have been deliberately put under the spotlight.

She thinks the preliminary report was flawed, but only because investigators were under intense pressure to provide information, with worldwide attention focused on them.

“I think they were just in a hurry, because this was a horrific accident and the whole world was watching. They were just in a hurry to push something out,” she says.

“Then, in my opinion, the whole world jumped to conclusions and right away was saying, ‘this is pilot suicide, this was intentional’.

“If they had to do it over again, I don’t think they would have put those little snippets from the cockpit voice recording in,” she says.

Her own view is that “a computer or mechanical failure… is the most likely scenario”.

International rules for air accident investigations stipulate that a final report should appear within 12 months of the event, but this is not always adhered to. However, until it is published, the true causes of the accident will remain unknown.

A former air accident investigator who spoke to the BBC emphasised the importance of “keeping an open mind”, until the process has been completed.

Boeing has always maintained that the 787 is a safe aircraft – and it does have a strong record.

The company told the BBC it would defer to India’s AAIB to provide information about the investigation.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

BSE Places RRP Semiconductors, 8 Others In Weekly Trading Basket With Surveillance Measures

Published

on

BSE Places RRP Semiconductors, 8 Others In Weekly Trading Basket With Surveillance Measures


New Delhi: Bombay Stock Exchange (BSE) has imposed a new weekly trading surveillance measure on nine stocks, including RRP Semiconductors, to address excessive volatility following unusual price movements in the stocks. 

The exchange announced that starting November 10, 2025, new measures will apply to companies exclusively listed on BSE under specific groups, that trade above Rs 100, have a 2 per cent price band, and possess a price/earnings (PE) ratio greater than 500 or negative, and that have reached the upper price band for two consecutive weeks.

“In continuation of our endeavour to maintain market integrity and curb excessive price movement in securities listed exclusively on the BSE trading platform, a need has been felt to further strengthen the extant surveillance measures,” the exchange said in a statement.

Add Zee News as a Preferred Source


BSE included nine stocks in this measure including, Citizen Infoline, Colab Platforms, Dugar Housing Developments, EMA India, Mardia Samyoung Capillary Tubes Company, Omansh Enterprises, Oswal Overseas, RRP Defense and RRP Semiconductor.

Securities placed under this measure can only trade once a week, either on Monday or the first trading day of the week, within a 1 per cent price band. BSE announced that identification of stocks will occur weekly on Fridays or the last trading day of the week, with quarterly reviews for exiting the framework and with a minimum one-month retention.

BSE also said that the new framework will be in addition to all other prevailing surveillance measures being imposed by the exchanges from time to time. The exchange also clarified that “the shortlisting of securities under this framework is purely on account of market surveillance, and should not be construed as an adverse action against the concerned company.”



Source link

Continue Reading

Business

PhysicsWallah IPO: Think Investments Buys Rs 136 Crore Stake Ahead Of Issue Opening On November 11

Published

on

PhysicsWallah IPO: Think Investments Buys Rs 136 Crore Stake Ahead Of Issue Opening On November 11


Last Updated:

Think Investments invested Rs 136 crore in PhysicsWallah ahead of its Rs 3,480-crore IPO.

PhysicsWallah IPO will open on November 11 and conclude on November 13.

PhysicsWallah IPO will open on November 11 and conclude on November 13.

Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round.

The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week.

As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm.

The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore.

“Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares… to Think India Opportunities Master Fund LP on November 4, for an aggregate consideration of Rs 136.17 crore,” PhysicsWallah said in a public announcement.

Think Investments is a USD 4 billion global investment firm, focusing on backing technology-driven early-stage businesses. In India, Think Investments has built a diverse portfolio with investments in some of the prominent companies, including Swiggy, FirstCry, Urban Company, PharmEasy, Experian, Spinny, NSE, Star Health, Meesho, Rapido, Chaayos, and Dream11.

PhysicsWallah is preparing to launch its Rs 3,480-crore initial public offering (IPO), opening on November 11. The firm has fixed a price band of Rs 103-109 per share, targeting a valuation of over Rs 31,500 crore at the upper end.

The IPO includes a fresh issue of Rs 3,100 crore and an offer-for-sale (OFS) of Rs 380 crore by co-founders and promoters Alakh Pandey and Prateek Maheshwari.

Together, the promoters currently hold 80.62 per cent of the company, which will reduce to 72 per cent post-IPO. Notably, none of the early investors will sell their stakes in this offering.

The issue will close on November 13, with anchor investor allocation scheduled for November 10.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
News business ipo PhysicsWallah IPO: Think Investments Buys Rs 136 Crore Stake Ahead Of Issue Opening On November 11
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Business

Nasdaq slides: Index posts steepest weekly drop since April; AI rally doubts weigh on tech stocks – The Times of India

Published

on

Nasdaq slides: Index posts steepest weekly drop since April; AI rally doubts weigh on tech stocks – The Times of India


Representative image (Picture credit: AP)

The Nasdaq Composite ended slightly lower on Friday but posted its sharpest weekly loss since early April, as investors questioned how long the artificial intelligence boom could sustain recent market highs. The index slipped 0.21% to 23,004.54, bringing its total weekly fall to around 3%, while chipmakers and technology shares led the declines.Despite this pullback, the Nasdaq has surged more than 50% since April, when US President Donald Trump announced wide-ranging tariffs, with AI optimism lifting markets to record levels. However, sentiment cooled this week after Nvidia CEO Jensen Huang was quoted by The Financial Times as saying that China may surpass the US in the AI race. “We’re seeing this AI selloff continue after the comments we had about China winning the AI race,” said Michael O’Rourke, chief market strategist at JonesTrading in Stamford, Connecticut, as per news agency Reuters. He added that the sector’s weakness reflected “a recalibration of multiples” and some investors taking profits after a strong run.The S&P 500 rose 0.13% to 6,728.81, and the Dow Jones Industrial Average gained 0.16% to 46,987.10, both rebounding late in the session after reports suggested progress in ending the longest federal government shutdown in US history. The global equities index MSCI (.MIWD00000PUS) slipped 0.07%, and the STOXX 600 in Europe lost 0.55%, as weak trade data from China renewed worries over slowing global growth.Chinese exports fell 1.1% in October, the steepest decline since February, underscoring the damage from Trump’s tariffs and denting investor confidence across Asia.In the bond market, US treasury yields edged down after surveys pointed to worsening consumer sentiment. The University of Michigan’s preliminary index for November dropped to 50.3, the lowest since June 2022, driven by record-low views of current economic conditions amid concerns over the shutdown. The 10-year Treasury yield eased slightly to 4.091%.The US dollar weakened against major currencies, with the dollar index slipping 0.11% to 99.57. The euro firmed to $1.1563, while the yen weakened to 153.45 per dollar. As per Reuters, the shutdown has delayed key economic reports, though current indicators suggest the economy remains resilient, potentially reducing pressure for the Federal Reserve to cut rates at its December meeting.Meanwhile, oil prices rebounded on optimism after Trump met Hungary’s Prime Minister Viktor Orbán at the White House, fuelling hopes that Hungary could use Russian crude. US crude settled 32 cents higher at $59.75 per barrel, while Brent rose 25 cents to $63.63. Gold prices also firmed as investors sought safety amid uncertainty.





Source link

Continue Reading

Trending