Category Archives: Arabic

Saudi Carrier Cancels Troubled Boeing 737 Order for Airbus

DUBAI – A Saudi budget airline is ordering 30 Airbus planes in a deal that replaces a $6 billion agreement it had with Boeing for its troubled 737 Max jets, which have been grounded after two deadly crashes.

It’s the latest blow to Boeing as it struggles to win back the public’s trust after 346 people died in crashes involving the Max jet: a Lion Air flight that went down off the coast of Indonesia and an Ethiopian Airlines crash.

Nearly 400 Max jets around the world remain grounded since mid-March with airlines unable to use the planes until regulators clear them to fly again.

Flyadeal, a subsidiary of Saudi Arabian Airlines Corp., said Monday that its order means its fleet will consist of only Airbus A320s. It said the deal with the European plane maker includes options for a further 20 A320 Neo planes.

The statement did not name Boeing and did not disclose details of the cost, only saying it follows from an agreement signed during the Paris Air Show last month between Airbus and flyadeal’s parent company.

Boeing, meanwhile, faces dozens of lawsuits over the crashes of its 737 Max. Preliminary investigations point to the role played by new software that pushed the planes’ noses down.

The Chicago-based company said in a statement to The Associated Press on Monday that it does not comment on customer discussions. Rather, Boeing said it is proud of its long partnership with Saudi Arabia’s aviation industry.

We wish the flyadeal team well as it builds out its operations,” Boeing said. Our team continues to focus on safely returning the 737 Max to service and resuming deliveries of Max airplanes.”

In December 2018, Boeing had struck an agreement with flayadeal for 30 of the 737 Max jets with the option to purchase 20 more in a deal valued up to $5.9 billion at list price. At the time, Boeing said flyadeal had conducted an evaluation for 50 narrow-body airplanes and had selected the 737 Max for the future.

The 737 Max, which promised more seats and lower operating costs than its Airbus competitor, was Boeing’s fastest-selling airplane, accumulating more than 4,800 orders worldwide.

In April, Boeing reported a $1 billion charge against earnings because of higher production costs for the Max. Analysts expect more charges will follow, including compensation for families and for airlines that have lost the use of the planes until regulators clear them to fly again.

Boeing has apologized for the loss of lives and recently announced an initial investment” of $100 million over several years to help families and communities affected by the crashes.

Lawyers who are suing Boeing on behalf of passengers’ families discounted the amount and said the $100 million won’t stop them from demanding that Boeing provide details about how the plane and its flight-control software were developed.

Source: Voice of America

Jokowi signs Government Regulation on National Export Financing

Jakarta (ANTARA) – President Joko Widodo (Jokowi) signed a Government Regulation (PP) on the National Export Financing (PEN) Basic Policy, effective June 25, 2019.

The regulation, PP No. 43 of 2019, was signed on June 18, 2019, the cabinet secretariat noted on its official website on Monday.

The government perceives the urgency to have in place a policy to support the national export development program that can boost the national economy.

The regulation stipulates that the basic policy on National Export Financing targets to promote a conducive business climate for exports and to expedite an increase in national exports, among others.

Strategies for National Export Financing focus on activities that can generate foreign exchange, save domestic foreign exchange, and enhance the nation’s production capacity.

The regulation targets the exporters of micro, small- and medium-scale businesses, export-oriented medium businesses with annual sales of over Rp500 million up to Rp500 billion, cooperatives, and non-cooperative businessmen with annual sales surpassing Rp500 billion.

“National Export Financing encourages the development of businesses by existing exporters and produces new exporters,” the PP states.

According to the regulation, the Indonesian Export Financing Institution (LPEI) provides facilities through financing, guarantees, and/or assurance.

These facilities can also be provided to exporters residing outside Indonesia and start-up companies. EDITED BY INE

Source: Antara News

Govt to ensure effective protection of Ombilin World Heritage site

Jakarta (ANTARA) – Education and Culture Ministry’s Director General for Culture Hilmar Farid has confirmed that the government will prepare necessary measures to ensure effective protection of Ombilin, Sawahlunto, that was named a World Heritage site by UNESCO.

Ombilin, situated in Sawahlunto, West Sumatra Province, will be safeguarded from illegal mining activities, he remarked here on Sunday while speaking in connection with a call by the Indonesian Environmental Forum (Walhi) for a total cessation of mining activities in Sawalunto and the adjoining areas.

PT Bukit Asam coal mine company had halted operations in Ombilin, though illegal mining is still rampant in the area.

Farid highlighted the need to better protect Ombilin after it was inscribed on the World Heritage List.

Furthermore, UNESCO will conduct routine checks and evaluation of the government’s management of Ombilin, he noted.

“If we are not smart or continue to violate the management regulations, it could be included on the list of World Heritage in Danger, and if we ignore it, it could be omitted from the World Heritage List,” he cautioned.

Hence, after Indonesia proposed Ombilin for inscription on the World Heritage List and it was accepted, the government must take stock of the situation by banning illegal mining activities in the area.

The Ombilin coal mining site, built during the colonial rule in Sawahlunto, West Sumatra Province, was declared as a world cultural heritage by UNESCO. The world body officially named the coal mine as a World Heritage site during the 43rd session of the UNESCO World Heritage Committee held at the Baku Congress Center in Azerbaijan on Saturday afternoon, Director of Cultural Heritage and Diplomacy of the Education and Culture Ministry Nadjamuddin Ramly had noted on Saturday.

In 2015, Sawahlunto City was nominated for the UNESCO’s tentative list of world cultural heritage sites. Since then, protracted discussions have been intensively conducted with domestic and foreign experts and academics in a bid to accrue data and draft supporting documents.

Source: Antara News

Govt to ensure effective protection of Ombilin World Heritage site

Jakarta (ANTARA) – Education and Culture Ministry’s Director General for Culture Hilmar Farid has confirmed that the government will prepare necessary measures to ensure effective protection of Ombilin, Sawahlunto, that was named a World Heritage site by UNESCO.

Ombilin, situated in Sawahlunto, West Sumatra Province, will be safeguarded from illegal mining activities, he remarked here on Sunday while speaking in connection with a call by the Indonesian Environmental Forum (Walhi) for a total cessation of mining activities in Sawalunto and the adjoining areas.

PT Bukit Asam coal mine company had halted operations in Ombilin, though illegal mining is still rampant in the area.

Farid highlighted the need to better protect Ombilin after it was inscribed on the World Heritage List.

Furthermore, UNESCO will conduct routine checks and evaluation of the government’s management of Ombilin, he noted.

“If we are not smart or continue to violate the management regulations, it could be included on the list of World Heritage in Danger, and if we ignore it, it could be omitted from the World Heritage List,” he cautioned.

Hence, after Indonesia proposed Ombilin for inscription on the World Heritage List and it was accepted, the government must take stock of the situation by banning illegal mining activities in the area.

The Ombilin coal mining site, built during the colonial rule in Sawahlunto, West Sumatra Province, was declared as a world cultural heritage by UNESCO. The world body officially named the coal mine as a World Heritage site during the 43rd session of the UNESCO World Heritage Committee held at the Baku Congress Center in Azerbaijan on Saturday afternoon, Director of Cultural Heritage and Diplomacy of the Education and Culture Ministry Nadjamuddin Ramly had noted on Saturday.

In 2015, Sawahlunto City was nominated for the UNESCO’s tentative list of world cultural heritage sites. Since then, protracted discussions have been intensively conducted with domestic and foreign experts and academics in a bid to accrue data and draft supporting documents.

Source: Antara News