Alexandre de Juniac, director general and chief executive officer of Iata, is concerned that discord among global aviation regulators about Boeing 737 Max return to the skies may lead to disruption in certification of future aircraft. Bloomberg
Alexandre de Juniac, director general and chief executive officer of Iata, is concerned that discord among global aviation regulators about Boeing 737 Max return to the skies may lead to disruption in certification of future aircraft. Bloomberg
Alexandre de Juniac, director general and chief executive officer of Iata, is concerned that discord among global aviation regulators about Boeing 737 Max return to the skies may lead to disruption in certification of future aircraft. Bloomberg
Alexandre de Juniac, director general and chief executive officer of Iata, is concerned that discord among global aviation regulators about Boeing 737 Max return to the skies may lead to disruption in

Iata chief concerned over global regulators' Boeing 737 Max rift


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The leader of the world's biggest airline lobby group is worried that a rift among global aviation regulators on approving the Boeing 737 Max's return to service could set a dangerous precedent for future aircraft programmes.

The International Air Transport Association's chief executive Alexandre de Juniac said that the lack of unity between the US Federal Aviation Administration and its peers in Europe and Canada regarding the grounded jet could disrupt aircraft certification in the future. He emphasised that it is critical to retain single certification for aircraft.

"With the 737 Max we are a bit worried ... because we don’t see the normal unanimity among international regulators that should be the case,” Mr de Juniac told reporters in Chicago on Tuesday, according to Reuters.

“We see a discrepancy that’s detrimental to the industry,” he added, urging regulators to make any changes to the single certification process “collectively”.

The FAA is traditionally the main lead on certifying Boeing aircraft, with other global regulators following suit. However, international regulators have signalled that they will conduct their own analysis of the troubled 737 Max and Boeing's proposed fixes. The FAA has been criticised for delegating major evaluations of the Max jet to Boeing and waiting longer than many of its global peers to ground flights after a March 10 crash in Ethiopia.

The Max was involved in two deadly crashes within a span of five months that killed 346 people, prompting the US planemaker to work on new software designed to fix the flight control systems.

The FAA said it has a “transparent and collaborative relationship” with other civil aviation authorities, but “each government will make its own decision to return the aircraft to service based on a thorough safety assessment", according to a statement.

Boeing is targeting regulatory approval for the fixes and new pilot training in October, though the FAA reiterated on Tuesday it does not have a firm timeline to allow the jets back in the air.

“Our first priority is safety, and we have set no timeframe for when the work will be completed,” the FAA said.

Airline customers of the Max have been scheduling flights without the aircraft into December, taking a financial hit while the jets are parked.

Mr de Juniac also warned of the negative impact on airlines and cargo carriers from trade tensions and consumer concerns over carbon emissions.

Air freight volumes, a key indicator of a global slowdown, are falling while the growth in passenger traffic is slowing, Mr de Juniac said.

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

SHAITTAN
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Don't get fined

The UAE FTA requires following to be kept:

  • Records of all supplies and imports of goods and services
  • All tax invoices and tax credit notes
  • Alternative documents related to receiving goods or services
  • All tax invoices and tax credit notes
  • Alternative documents issued
  • Records of goods and services that have been disposed of or used for matters not related to business
The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

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UAE currency: the story behind the money in your pockets
The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

HOW DO SIM CARD SCAMS WORK?

Sim swap frauds are a form of identity theft.

They involve criminals conning mobile phone operators into issuing them with replacement Sim cards, often by claiming their phone has been lost or stolen 

They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.

The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.