DUBAI // The Sudanese air transport company operating the Boeing 707 cargo aircraft that crashed in Sharjah last week will not be allowed to fly in UAE airspace until the investigation into the fatal incident is finished, an aviation official said yesterday.
"We have decided to stop Azza Air from using the UAE airspace until completion of the investigations," said Saif al Suwaidi, director of the General Civil Aviation Authority.
The Boeing 707-330C crashed shortly after take-off on Wednesday afternoon, killing all six crew members. No passengers were on board.
Investigations have been launched into what may have caused the crash of the cargo aircraft, which was leased by Sudan Airways from Azza Air Transport Company.
Azza said yesterday it was not aware of any flight ban in the UAE.
"I have not heard of this," Aidoros al Tayyab, chief of flight operations with Azza, said by telephone. However, it is normal procedure to discontinue until investigations are completed."
The aviation authority has said the inquiry would focus on the cargo plane's four turbofan engines, which were at least 24 years old.
On questions about why the airline was allowed to operate in the UAE, Mr al Suwaidi said: "The public is not aware of how the aviation industry functions. We cannot blacklist any airlines without proper justification. In fact, this airline has not been blacklisted even in Europe."
"The UAE follows a different process of assessment for blacklisting operators as compared to Europe," he said. "However, even if we did follow the Europe's model, this airline would not have been blacklisted."
He said the company had only two aircraft functioning in the country, and that the UAE was bound by the rules of the International Civil Aviation Organisation in punitive matters such as blacklisting.
Flight SD2241 left Sharjah International Airport for Khartoum at 3.29pm on Wednesday but crashed within two minutes of take-off. It came down on a deserted stretch of land near the Sharjah Golf and Shooting Club, missing a number of nearby roads.
Investigators have recovered the cockpit voice recorder, which is expected to provide clues to the crash. UAE authorities said they were confident that their investigations would be completed soon.
"We have a good number of people working on this," Mr al Suwaidi said, adding that some of the evidence would be sent abroad for analysis.
Meanwhile, a team of experts from Sudan arrived in the UAE yesterday to participate in the investigation. It is expected to visit the accident site and sift through evidence.
"We expect to join them soon in moving ahead with the investigations," Mr al Suwaidi said. "Of course, we will be responsible to ensure everything continues well."
Sudanese officials said yesterday that the team comprised aviation authorities as well as Azza officials.
"Our own team of experts have already left for the UAE and have started assisting in the investigations," Mr al Tayyab said.
Footage of the aircraft's take-off, taken from the airfield's control tower, shows a piece of metal falling just after the 707 leaves the frame. Officials later identified the piece as a panel from one of the engines.
Losing thrust in engines on one side of the plane - that model has two on each wing - would have catastrophic consequences for the aircraft during the sensitive take-off phase, experts have said.
At the end of the footage, Flight SD2241 can be seen banking hard to the right, nearly turning inverted before striking the ground about 90 degrees from level flight. Fully loaded with six hours' worth of fuel, the aircraft exploded on impact.
Some have speculated that the captain, a 20-year veteran in aviation, may have realised that his stricken aircraft was likely to crash in a populated area and steered it sharply to avoid causing more devastation on the ground.
More than 1,000 Boeing 707s have been built since production began in the early 1950s. A few dozen remain in use commercially.
pmenon@thenational.ae
COMPANY%20PROFILE
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THE SPECS
Engine: 4.4-litre V8
Transmission: Automatic
Power: 530bhp
Torque: 750Nm
Price: Dh535,000
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THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
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The Dictionary of Animal Languages
Heidi Sopinka
Scribe
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
How Apple's credit card works
The Apple Card looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. Its attributes include quick sign-up, elimination of most fees, strong security protections and cash back.
What does it cost?
Apple says there are no fees associated with the card. That means no late fee, no annual fee, no international fee and no over-the-limit fees. It also said it aims to have among the lowest interest rates in the industry. Users must have an iPhone to use the card, which comes at a cost. But they will earn cash back on their purchases — 3 per cent on Apple purchases, 2 per cent on those with the virtual card and 1 per cent with the physical card. Apple says it is the only card to provide those rewards in real time, so that cash earned can be used immediately.
What will the interest rate be?
The card doesn't come out until summer but Apple has said that as of March, the variable annual percentage rate on the card could be anywhere from 13.24 per cent to 24.24 per cent based on creditworthiness. That's in line with the rest of the market, according to analysts
What about security?
The physical card has no numbers so purchases are made with the embedded chip and the digital version lives in your Apple Wallet on your phone, where it's protected by fingerprints or facial recognition. That means that even if someone steals your phone, they won't be able to use the card to buy things.
Is it easy to use?
Apple says users will be able to sign up for the card in the Wallet app on their iPhone and begin using it almost immediately. It also tracks spending on the phone in a more user-friendly format, eliminating some of the gibberish that fills a traditional credit card statement. Plus it includes some budgeting tools, such as tracking spending and providing estimates of how much interest could be charged on a purchase to help people make an informed decision.
* Associated Press
The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
COMPANY%20PROFILE%20
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Secret Pigeon Service: Operation Colomba, Resistance and the Struggle to Liberate Europe
Gordon Corera, Harper Collins
APPLE IPAD MINI (A17 PRO)
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In the box: iPad mini, USB-C cable, 20W USB-C power adapter
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COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
Thank You for Banking with Us
Director: Laila Abbas
Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
Rating: 4/5
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Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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The specs
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
MATCH INFO
Manchester United 1 (Rashford 36')
Liverpool 1 (Lallana 84')
Man of the match: Marcus Rashford (Manchester United)
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Match info
Athletic Bilbao 0
Real Madrid 1 (Ramos 73' pen)
Company%20Profile
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The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
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INFO
Everton 0
Arsenal 0
Man of the Match: Djibril Sidibe (Everton)
SPEC SHEET
Display: 6.8" edge quad-HD dynamic Amoled 2X, Infinity-O, 3088 x 1440, 500ppi, HDR10 , 120Hz
Processor: 4nm Snapdragon 8 Gen 1/Exynos 2200, 8-core
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Platform: Android 12
Main camera: quad 12MP ultra-wide f/2.2, 108MP wide f/1.8, 10MP telephoto f/4.9, 10MP telephoto 2.4; Space Zoom up to 100x, auto HDR, expert RAW
Video: 8K@24fps, 4K@60fps, full-HD@60fps, HD@30fps, super slo-mo@960fps
Front camera: 40MP f/2.2
Battery: 5000mAh, fast wireless charging 2.0 Wireless PowerShare
Connectivity: 5G, Wi-Fi, Bluetooth 5.2, NFC
I/O: USB-C
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Price: Dh4,699 for 128GB, Dh5,099 for 256GB, Dh5,499 for 512GB; 1TB unavailable in the UAE
Tottenham's 10 biggest transfers (according to transfermarkt.com):
1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop
2). Roberto Soldado - Valencia - £25m: Flop
3). Erik Lamela - Roma - £25m: Jury still out
4). Son Heung-min - Bayer Leverkusen - £25m: Success
5). Darren Bent - Charlton Athletic - £21m: Flop
6). Vincent Janssen - AZ Alkmaar - £18m: Flop
7). David Bentley - Blackburn Rovers - £18m: Flop
8). Luka Modric - Dynamo Zagreb - £17m: Success
9). Paulinho - Corinthians - £16m: Flop
10). Mousa Dembele - Fulham - £16m: Success
The five new places of worship
Church of South Indian Parish
St Andrew's Church Mussaffah branch
St Andrew's Church Al Ain branch
St John's Baptist Church, Ruwais
Church of the Virgin Mary and St Paul the Apostle, Ruwais
SPECS%3A%20Polestar%203
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'Nightmare Alley'
Director:Guillermo del Toro
Stars:Bradley Cooper, Cate Blanchett, Rooney Mara
Rating: 3/5
Brief scoreline:
Tottenham 1
Son 78'
Manchester City 0