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Beirut Plane Departure Aborted Due To Technical Difficulties

The aircraft had an issue with its speedometer but was able to return to service this morning.

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beirut plane departure aborted due to technical difficulties
Middle East Airlines

A plane departing from Beirut Rafic Hariri International Airport had to abort its takeoff on Thursday following a decision by the pilot. The aircraft didn’t leave the tarmac but had to abandon takeoff while already accelerating down the runway.

The emergency was confirmed by a spokesman from the Lebanese travel agency Nakhal, which leases the aircraft to Middle East Airlines (MEA). An MEA source also explained that passengers were in no danger and rejected takeoffs are a standard safety practice if a pilot suspects mechanical failure.

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“Typically, during a takeoff phase, the captain and co-pilot signal each other when they reach 100 knots (185 km/h) to confirm that their instruments are synchronized. It was probably at this point that they detected the problem with the airspeed indicator, prompting the captain to abort the takeoff,” the pilot explained. “At this speed, braking may have been hard on the passengers, but the risks at this stage are under control”.

The Nakhal spokesman revealed that one person had fainted during the incident, but passengers were otherwise unharmed. Everyone involved was redirected to another flight to complete their journey.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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