Prøve GULL - Gratis
Dealing with an air crash
Business Standard
|July 23, 2025
Institutional reform is the order of the day, instead of worrying about how information leaked
Even as the country reels from the loss of 260 lives in the tragic crash of Air India's flight from Ahmedabad to London on June 12, there is a growing sense of unease over the way the investigation into the accident has been conducted.
A quick assessment of recent developments would suggest that such unease and concern have been caused by the authorities' failure to anticipate the huge consequences and ramifications of this accident and take necessary steps in advance to ensure a competent handling of its investigation and management of the external environment.
Make no mistake about the enormity of the accident that took place within half a minute of Air India 171 taking off from Ahmedabad and crashing into a hostel that housed medical students.
This enormity arose not just because of the number of casualties.
There were many other factors that perhaps were ignored by the authorities.
Firstly, this was the world's first major air crash involving a Boeing Dreamliner.
Naturally, global attention was focused on the investigation into this accident and its findings.
Interest in this investigation was high also because this accident involving a Boeing aircraft came after a few other accidents and malfunctioning reports involving Boeing planes, although of different types.
Boeing was interested in the investigation report, perhaps more than anyone else, as passengers' perception and airlines' choice of its aircraft would have been influenced by the kind of responsibilities that the findings would have fixed on it.
Secondly, this was the first time the Aircraft Accident Investigation Bureau (AAIB), a department under the Union ministry of civil aviation, conducted the investigation of a major air crash within India's shores.
Earlier, the cockpit voice record and the flight data record would be sent abroad for retrieval and for eventually arriving at a conclusion.
Denne historien er fra July 23, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
‘Investor awareness becomes more important than ever’
Ananth Narayan G describes his three-year tenure as whole-time member of the Securities and Exchange Board of India (Sebi) as a privilege that allowed him to make an impact on a larger canvas.
3 mins
November 01, 2025
Business Standard
New currency of hard power
If China is an exporting superpower, America is an importing one. Mr Trump has turned what would usually be a liability into an asset
5 mins
November 01, 2025
Business Standard
Apple's India revenue hits new high in Sep qtr
Apple set an all-time revenue record in India for the September quarter, driven by strong iPhone sales, as the American technology giant’s overall sales revenue reached $102.5 billion globally.
1 mins
November 01, 2025
Business Standard
USFDA's new biosimilar norms to woo more players, fast-track mkt entry
The US Food and Drug Administration’s (USEDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies.
2 mins
November 01, 2025
Business Standard
Apple revenue tops $100 bn for first time
iPhone price hike drives record quarter
1 mins
November 01, 2025
Business Standard
Broking industry sees high growth on digital push
The Indian broking industry is passing through a lean patch after two years of rapid growth and expansion.
3 mins
November 01, 2025
Business Standard
Al-related stocks have more room to grow'
Artificial intelligence (AI)-related stocks have more room to grow, said Mark Matthews, managing director (MD) and head of research for Asia at Julius Baer during lunch on the sidelines of the Business Standard BFSI Insight Summit 2025 on Friday.
1 mins
November 01, 2025
Business Standard
'Al unlikely to replace humans in fin services'
Artificial intelligence, or AI, has had an influence in the way we invest in stocks. While it helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma, founder, GQuants, in a fireside chat with A K Bhattacharya. Edited excerpts:
4 mins
November 01, 2025
Business Standard
Vedanta net profit plunges 59% on exceptional losses
Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.
2 mins
November 01, 2025
Business Standard
Sebi chief stresses responsible tech use, stronger market resilience
The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.
1 mins
November 01, 2025
Listen
Translate
Change font size

