Lion Air

The Boeing Company Senior Management and its Board of Directors Are Being Investigated by Wolf Popper LLP, a Leading Law Firm, for Potential Breaches of Fiduciary Duty

Retrieved on: 
Tuesday, April 2, 2024

Then in March 2019, Ethiopian Airlines flight 302 crashed killing all 157 people on board.

Key Points: 
  • Then in March 2019, Ethiopian Airlines flight 302 crashed killing all 157 people on board.
  • Both crashes involved Boeing’s 737 Max aircraft and subsequent investigations found the crashes were caused by problems within certain portions of the aircraft’s software.
  • The New York Times published a story on March 28, 2024 entitled ‘Shortcuts Everywhere’: How Boeing Favored Speed Over Quality.
  • Wolf Popper’s expertise has been repeatedly recognized by courts that have appointed the firm to major positions in securities litigation.

Global Low-Cost Carrier Market to Grow by $248.65 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 27, 2023

This study identifies the rising preference for smart airports as one of the prime reasons driving the low-cost carrier market growth during the next few years.

Key Points: 
  • This study identifies the rising preference for smart airports as one of the prime reasons driving the low-cost carrier market growth during the next few years.
  • Also, the growing demand for luxury air travel and increasing penetration of blockchain in airlines industry will lead to sizable demand in the market.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Comair Sues Boeing for Fraud Over the 737 MAX Aircraft

Retrieved on: 
Tuesday, February 7, 2023

SEATTLE, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Comair Limited filed a lawsuit in federal court against The Boeing Company for fraud and breach of contract concerning the purchase of eight 737 MAX aircraft.

Key Points: 
  • SEATTLE, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Comair Limited filed a lawsuit in federal court against The Boeing Company for fraud and breach of contract concerning the purchase of eight 737 MAX aircraft.
  • Boeing represented that the pilot skill needed to fly the 737 MAX was "interchangeable" with the training and skill needed to pilot the existing 737 NG aircraft.
  • Comair relied on Boeing's misrepresentations and concealment of material facts in deciding to purchase eight 737 MAX aircraft.
  • Comair paid Boeing more than $45 million in advanced payments on seven 737 MAX aircraft and full payment on the one 737 MAX aircraft it received.

Sunela Foundation, in Partnership With GVNG, to Distribute Funds to Benefit Victims of Indonesia Plane Crash

Retrieved on: 
Sunday, November 27, 2022

Sanela Diana Jenkins donated $100,000 to benefit relatives of those who died on Lion Air Flight 610.

Key Points: 
  • Sanela Diana Jenkins donated $100,000 to benefit relatives of those who died on Lion Air Flight 610.
  • To date, more than $102,000 has been donated to benefit the victims of the Lion Air crash, said GVNG President Robbie Tombosky.
  • Lion Air Flight 610 departed Jakarta, Indonesia, on October 29, 2018, with the intended destination of Pangkal Pinang, Indonesia.
  • The Sunela Foundation, in partnership with GVNG, is raising funds to benefit immediate family members of those who died in the crash.

GA Telesis Engine Services with Another Big Win – Signs Major CFM56-7B Engine Maintenance Contract with Lion Air Group

Retrieved on: 
Wednesday, September 21, 2022

GA Telesis Engine Services (GATES) , a global jet engine maintenance provider offering customized engine overhaul services and Lion Air have entered into a long-term engine maintenance contract.

Key Points: 
  • GA Telesis Engine Services (GATES) , a global jet engine maintenance provider offering customized engine overhaul services and Lion Air have entered into a long-term engine maintenance contract.
  • This strategic win for GATES covers maintenance, repair, and overhaul of CFM56-7B engines across Lion Air Group airlines (including Batik Malaysia & Thai Lion Air).
  • added Russ Shelton, President, GA Telesis Engine Services
    GA Telesis is the leading provider of integrated services in the commercial aviation industry.
  • GA Telesis Engine Services (GATES) is a fully integrated subsidiary of GA Telesis , offering customers a seamless engine solution that combines high-quality repair and overhaul services as well as world-class supply chain services.

Sanela Diana Jenkins Donates $100,000 to Help Lion Air Flight 610 Victims' Families

Retrieved on: 
Wednesday, September 7, 2022

LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- Entrepreneur and philanthropist Sanela Diana Jenkins announced today that she will donate $100,000 to benefit immediate family members of the 189 passengers and crew who were killed in 2018 when Lion Air Flight 610 crashed into the Java Sea shortly after takeoff in Indonesia.

Key Points: 
  • "I was not aware of this tragedy until it became a topic of conversation on 'Real Housewives of Beverly Hills,'" Jenkins said.
  • Anyone who wants to donate to the families of the Lion Air victims will be able to do so through the Sunela Foundation and GVNG.
  • Lion Air Flight 610 departed Jakarta, Indonesia, on October 29, 2018, with the intended destination of Pangkal Pinang, Indonesia.
  • The Sunela Foundation was founded by Sanela Diana Jenkins in 2022 with the goal of utilizing her resources and platform to help people in need rebuild their lives and create brighter futures.

Sanela Diana Jenkins Donates $100,000 to Help Lion Air Flight 610 Victims' Families

Retrieved on: 
Wednesday, September 7, 2022

LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- Entrepreneur and philanthropist Sanela Diana Jenkins announced today that she will donate $100,000 to benefit immediate family members of the 189 passengers and crew who were killed in 2018 when Lion Air Flight 610 crashed into the Java Sea shortly after takeoff in Indonesia.

Key Points: 
  • "I was not aware of this tragedy until it became a topic of conversation on 'Real Housewives of Beverly Hills,'" Jenkins said.
  • Anyone who wants to donate to the families of the Lion Air victims will be able to do so through the Sunela Foundation and GVNG.
  • Lion Air Flight 610 departed Jakarta, Indonesia, on October 29, 2018, with the intended destination of Pangkal Pinang, Indonesia.
  • The Sunela Foundation was founded by Sanela Diana Jenkins in 2022 with the goal of utilizing her resources and platform to help people in need rebuild their lives and create brighter futures.

FlyersRights.org Litigation Continues After Boeing Settles Civil Case With MAX Crash Victims

Retrieved on: 
Friday, February 11, 2022

WASHINGTON, Feb. 11, 2022 /PRNewswire/ --Boeing has settled its civil cases with all but two of the families of the victims of the Ethiopian Airlines Flight 302 Boeing 737 MAX crash on March 10, 2019.

Key Points: 
  • WASHINGTON, Feb. 11, 2022 /PRNewswire/ --Boeing has settled its civil cases with all but two of the families of the victims of the Ethiopian Airlines Flight 302 Boeing 737 MAX crash on March 10, 2019.
  • The ET302 crash, along with the Lion Air Flight 610 crash, just over four months prior, claimed the lives of 357 people.
  • FlyersRights.org, however, continues its litigation, supported by independent safety experts, to compel the FAA to release the MAX fix details and flight testing.
  • Boeing has admitted liability for compensatory damages caused by the Ethiopian Airlines Flight 302 crash, and the victims' families may pursue compensatory damages in Illinois.

The Hollywood Land Development Company Chairman and CEO Mr. Nicholas Phipps White Announces DOJ Sovereign Towers Settlement Will Assist Girardi Keese Bankruptcy Victims and U.S. Law Enforcement

Retrieved on: 
Monday, August 9, 2021

BEVERLY HILLS,Calif., Aug. 9, 2021 /PRNewswire/ -- The Hollywood Land Development Company Chairman and CEO Mr. Nicholas Phipps White, is pleased to announce legal fees to Girardi & Keese from the Sovereign Towers settlement of $27,829,774,612 with the Departmentof Justice, will urgently assist Girardi & Keese Bankruptcy Victims and a portion of the settlement will assist U.S. law enforcement.

Key Points: 
  • BEVERLY HILLS,Calif., Aug. 9, 2021 /PRNewswire/ -- The Hollywood Land Development Company Chairman and CEO Mr. Nicholas Phipps White, is pleased to announce legal fees to Girardi & Keese from the Sovereign Towers settlement of $27,829,774,612 with the Departmentof Justice, will urgently assist Girardi & Keese Bankruptcy Victims and a portion of the settlement will assist U.S. law enforcement.
  • Additionally, the settlement will allow The Hollywood Land Development Company to fulfill their $370 million-dollar gift to Palm Beach County Sheriff's Office in Florida to benefit the more than 4,500 men and women of law enforcement," Mr. Nicholas Phipps White added.
  • The Sovereign Towers settlement includes $572,124,076 of interest income accrued, agreed late penalties, and just compensation for The Hollywood Land Development Company's Sovereign Tower I and Sovereign Tower II U.S. Gold Bullion.
  • The Claimant Mr. Nicholas Phipps White is the 100% percent Owner of both the privately-held The Hollywood Land Development Company, LLC and the Developer of the Sovereign Towers project.

Scott+Scott Attorneys at Law LLP Investigates Proficient Alpha Acquisition Corp’s Directors and Officers for Breach of Fiduciary Duties – PAAC, LGHL

Retrieved on: 
Thursday, August 5, 2021

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Proficient Alpha Acquisition Corp (Proficient Alpha) (NASDAQ: PAAC), now known as Lion Group Holdings (Lion Group) (NASDAQ: LGHL) and Lion Financial Group (Lion Financial) (NASDAQ: LGHLW) breached their fiduciary duties to Proficient Alpha and its shareholders.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Proficient Alpha Acquisition Corp (Proficient Alpha) (NASDAQ: PAAC), now known as Lion Group Holdings (Lion Group) (NASDAQ: LGHL) and Lion Financial Group (Lion Financial) (NASDAQ: LGHLW) breached their fiduciary duties to Proficient Alpha and its shareholders.
  • If you were a Proficient Alpha shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
  • Scott+Scott is investigating whether Proficient Alphas board of directors or senior management failed to manage Proficient Alpha in an acceptable manner, in breach of their fiduciary duties to Proficient Alpha shareholders, and whether Proficient Alphas shareholders suffered damages as a result.
  • If you were a Proficient Alpha shareholder, you may have legal claims against Proficient Alphas directors and officers.