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    AirAsia has just confirmed it has lost contact with flight number QZ8501 (162 people on board)

    http://www.bbc.co.uk/news/world-asia-30614627

    Is it time to short the companies shares?

    Any theories as to what might have happened?
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    North Korea took it down.
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    I just saw that, what the absolute ****?
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    (Original post by Messiah Complex)
    North Korea took it down.
    It doesn't even pass North Korea on the flight path :

    (Original post by Tom_Ford)
    I just saw that, what the absolute ****?

    Quite the shock, yeah..
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    It's been missing for five hours, so it's certainly on the ground somewhere.
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    (Original post by Anonynous)
    It doesn't even pass North Korea on the flight path
    You asked for theories so I gave you one as a possibility.
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    Bad day for the QPR chairman
    Bad year for Malaysia in terms of air travel
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    Starting to look weather related (as it usually is in this area)



    Essentially, the red is weather aircraft would change course to fly around (either at the pre-flight stage, changing the route to avoid it if it's predictable, or even in-flight if it's apparent the route is going to take them through it) and the box indicates the last known area of the aircraft.
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    Imagine what the families are going through. Hope everyone is safe (as naive as that sounds)
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    Man it's not a good year for malaysias airlines.

    The plane must be on the ground now as it's fuel reserves will have run out by now.
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    (Original post by Malevolent)
    Man it's not a good year for malaysias airlines.

    The plane must be on the ground now as it's fuel reserves will have run out by now.
    It is AsiaAirlines. Not Malaysia airline.
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    (Original post by DorianGrayism)
    It is AsiaAirlines. Not Malaysia airline.
    It's owned by a Malaysian and quite a few other Malaysians have stock in it...
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    Don't ever get into malaysian airlines! It sucks!
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    (Original post by Sena5)
    Don't ever get into malaysian airlines! It sucks!
    Whilst it wasn't MAS it has not been a good year for their aviation industry.
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    Hope everyone on the flight is fine.
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    (Original post by Malevolent)
    Whilst it wasn't MAS it has not been a good year for their aviation industry.
    It's the Malaysian Airline's fault for not inspecting the aeroplane spare parts before taking it to fly on the day.
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    (Original post by Sena5)
    It's the Malaysian Airline's fault for not inspecting the aeroplane spare parts before taking it to fly on the day.
    What are you on about?
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    Shocking news.

    Hope they at least find the plane this time to give families etc closure.

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    (Original post by Sena5)
    It's the Malaysian Airline's fault for not inspecting the aeroplane spare parts before taking it to fly on the day.
    What? We still don't know why/where MH370 went down and spare parts won't exactly prevent a plane from being shot down in the case of MH17. It isn't clear yet what happened with QZ8501 so to come to that conclusion seems premature.
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    (Original post by The Financier)
    What? We still don't know why/where MH370 went down and spare parts won't exactly prevent a plane from being shot down in the case of MH17. It isn't clear yet what happened with QZ8501 so to come to that conclusion seems premature.
    There should be an aeroplane construction problem
 
 
 
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