2009 was worst year for airlines, says International Air Transport Association

Thursday, January 28, 2010

The International Air Transport Association (IATA) said on Wednesday that 2009 was the “worst year” that the airline industry has ever seen since 1945.

“In terms of demand, 2009 goes into the history books as the worst year the industry has ever seen,” said IATA boss Giovanni Bisignani. “We have permanently lost 2.5 years of growth in passenger markets and 3.5 years of growth in the freight business.”

According to the group, passenger traffic was down by 3.5% compared to a year earlier, and freight by 10.1%. The group estimated that the airline industry lost a total of US$11 billion in 2009 last year, and will lose another $5.6 billion in 2010.

Airlines in Africa had the biggest passenger demand drop, at 6.8%; North American airlines and Asian carriers had demand go down 5.8%. European airlines saw a drop of 5%. Middle Eastern and Latin American carriers, however, had rises in demand, with gains of 11.3% and 0.3%, respectively. According to the Agence France-Presse news agency, part of the reason Middle Eastern carriers performed better is because of their position between Asia, Africa, and Europe, resulting in more connecting flights through hubs.

“While both North American and European carriers saw demand improvements in the first half of the year, the second half was basically flat,” said IATA.

IATA represents 230 airlines, accounting for 90% of scheduled air traffic, although some budget carriers are not included.

The IATA boss said that, although the worst appeared to be over due to the global economic recovery airlines would have to keep their costs low. “Revenue improvements will be at a much slower pace than the demand growth that we are starting to see,” he noted.

“Profitability will be even slower to recover and airlines will lose an expected 5.6 billion dollars in 2010. The industry starts 2010 with some enormous challenges. The worst is behind us, but it’s not time to celebrate. Adjusting to 2.5 to 3.5 years of lost growth means that airlines face another spartan year, focused on matching capacity carefully to demand and controlling costs,” Bisignani continued.

Costs for security were also an issue. Bisignani said: “Governments and industry are aligned in the priority that we place on security. But the cost of security is also an issue. Globally, airlines spend US$5.9 billion a year on what are essentially measures concerned with national security. This is the responsibility of governments, and they should be picking up the bill.”

Analysts, however, say that cost cutting measures, intended to attract more customers, would also harm airline profits. Saj Ahmad, an independent airline analyst, commented: “Continued fare wars between airlines mean that yields and profitability will be low. Airlines are struggling to fill their airplanes and discounted ticketing has done little to alleviate the pressures on their costs,” as quoted by the BBC.

“Capacity has come out of the global airline system, but until a few airlines perhaps exit the industry through bankruptcy or mergers, there is still a very long road until we see serious stability, let alone growth,” Ahmad added.

Immigration Detainees on Hunger Strike in Oxford UK

Thursday, June 15, 2006

One hundred and twenty detainees at an immigration removal centre in Oxford, UK, are on hunger strike. The protest started when some detainees refused breakfast on Wednesday 14th June 2006. A letter from the hunger strikers explaining why they are seeking to draw attention to their plight in this way has been reproduced in full below.

Those detained at the centre are mostly men who have sought asylum in the UK and whose asylum applications have been rejected. These people are then held without knowing how long they will be detained for – some end up being held for many years while awaiting deportation.

The removal centre, known as Campsfield, or Campsfield House is approximately 5 miles north of Oxford and has been in operation since 1993. It was managed on behalf of the UK Government by Global Solutions Limited, until may 2006 when it was taken on by GEO UK, the centre has a capacity of 198. Only males are detained at Campsfield.

According to the campaign group Barbed Wire Britain Over 2,600 individuals, mostly asylum seekers, are detained indefinitely in the UK without trial and with no automatic right to bail.

There have been reports in the UK press of the state taking people to detention centres without notice, in the early hours of the morning using excessively heavy handed tactics, taking children out of schools and separating families.

Many UK people and politicians express their disgust at the way detainees are treated, yet it continues. Perhaps this action by the detainees themselves will further highlight their plight and result in more UK electors writing to their MPs and demanding improvements to the way in which rejected asylum seekers are treated.

“We are detainees at Campsfield removal centre in Oxford. Most of us have been here for a long while now. There are people who have been detained for up to two years and down to three months. We are cramped in here like animals. We are treated like animals and moved around different detention centres like animals. The immigration service have taken husbands from their families and taken people who ran away from persecution in their various countries, and dumped everyone in here.

Once you are put in here the immigration service forget you. There are detainees who have applied to go back to their own countries that are still being held here for months without any news about their cases, just so that the private security companies get more money.

Detainees are asked to seek asylum and then refused. The immigration service also ask detainees to apply for bail. When you get a bail hearing date all of a sudden they serve you with removal papers that are not valid. There are many of these situations. In most cases the immigration service don’t take you to your court hearings. And then they tell the judges you refused to turn up, just so the hearing goes ahead in your absence. Many detainees have been served with removal papers and travel documents but nothing happens on the removal day.

Campsfield has become a slave house. We detainees are treated like slaves, to do odd jobs for officers. Detainees are handcuffed to see doctors or dentists in hospitals or clinic appointments. We have some racist security officers who make racist comments to detainees and go out of their way to make you feel like committing suicide. Detainees have to be at the point of death before they get to see the doctors.

The food is not worth eating. Even dogs would refuse to eat what we eat. But we don’t have a choice; every single day we eat the same food (the food we eat is rice, chicken, sandwiches, and left-over eggs)”.

Google News seeks patent for search system that returns ‘quality’ links

Tuesday, May 10, 2005

Google News submitted patent applications both in the United States and world-wide in September 2003 for a system of ranking search returns. The patent protection filings seek to control Google’s approach that filters headlines through a complicated algorithm, including the quality of the news organization. How much of this system is currently in use by the search engine giant is unknown.

Primitive search engines are expected to organically evaluate links based on how closely the keywords typed in the search field match an object link, and how many other links are attached to the object. Then a measure of relevance is calculated before returning a reply.

It seems some measure of the work being done at Google is a reaction to search engine optimization (SEO) campaigns which can, if done effectively, skew results to certain domains. A challenge for Google is to develop its technology to nullify efforts on the dark side of SEO and link-spamming.

What also seems to be coming out from this, according to research from the Internet Search Engine Database, is that Google does indeed have a ‘sandbox’ where domains are evaluated first by a human factor before being released into its algorithms.

In its first ever Securities and Exchange Commission filing since the company went public last year, Google indicated that it intends to spend US$500 million on technology development, more than double the $177 million it spent two years ago.

The language used in the lengthy patent application itself is difficult to understand. An excellent article titled “Google United – Google Patent Examined” found below, describes some of the nuts and bolts of Google’s techniques.

Hidden treasure worth billions of dollars discovered in Indian temple

Monday, July 4, 2011

Officials announced that a treasure containing sacks of diamonds and gold coins as well as golden idols, jewelry and other riches has been discovered in the secret subterranean vaults of Sree Padmanabhaswamy temple, in the southwestern state of Kerala, India. Estimates of its worth have been rising and it is now thought to be worth US$20 billion.

The Hindu temple was built in the 16th century by the kings of the then Kingdom of Travancore to serve as a royal chapel for the rulers of Travancore. The six vaults containing the treasure have been undisturbed for over a century. Assessment of the treasure began on June 27 after a lawyer concerned about the security of the treasure petitioned India’s Supreme Court, which then appointed a seven-member panel of experts to inventory the treasure. The panel does not have the power to determine to whom the treasure will belong. Estimates of the treasure’s worth are rising, provoking a heated debate as to how the treasure will be used in a country that has 450 million poverty-stricken people.

The chief minister of Kerala, Oommen Chandy, announced on Sunday the treasure would remain with the temple, and security matters would be decided in consultation with the Travancore Royal Family, the temple management, and the temple priest.

The gold was offered to the lord. It is the property of the temple.

“The gold was offered to the lord. It is the property of the temple. The government will protect the wealth at the temple,” Oommen Chandy said. Meanwhile, hundreds of armed police have been deployed around the temple to protect the treasure.

However, the view that the treasure should remain at the temple has been disputed. Among the dissenters is eminent jurist V R Krishna Iyer, who said the treasure should be put in a national trust for the peoples’ benefit. “God’s wealth belongs to the people, not to the king. It’s meaningless to say that it belongs to Hindus or any particular religious community,” said Iyer. “A mechanism should be devised to ensure that the benefits of it reach the poor and the needy and not the rich.”

Five of the six vaults of the Sree Padmanabhaswamy Temple have been inventoried.

God’s wealth belongs to the people, not to the king. It’s meaningless to say that it belongs to Hindus or any particular religious community.

On Saturday, reports leaked to the press revealed that the treasure, including a golden idol of Mahavishnu and a golden ‘anki’, were found in one of the vaults, estimated to weigh 30 kilograms, along with precious stones, silver, two coconut shells of pure gold and another golden idol as well as other jewels and valuable coins. The panel hopes to find more treasure when the sixth and final vault is opened, but the attempt was suspended on Monday because the iron door inside presented “technical problems” requiring further consultation before opening. This vault is thought to contain the bulk of the wealth.

Keralan officials in a preliminary estimate said that the treasure was worth over US$11.2 billion; those estimates have now risen to US$20 billion. Historians say that the temple’s location on a site through which passed lucrative trade routes support the higher evaluations.

“Traders, who used to come from other parts of the country and abroad for buying spices and other commodities, used to make handsome offerings to the deity for not only his blessings but also to please the then rulers,” said P.J. Cherian, the director of Kerala Council for Historic Research

Some suggest that the profit from the sale of the treasure would be enough to wipe out the entire public debt of Kerala and fund future Kerala projects such as seaports, airports and highways.

Too Grimm? Mother Goose cartoonist sued by Colombian coffee growers

Sunday, January 11, 2009

While it was just a joke, the Federación Nacional de Cafeteros de Colombia doesn’t find a recent “Mother Goose and Grimm” comic terribly funny.

In what the coffee growers association calls “an attack on national dignity and the reputation of Colombian coffee,” the characters in a comic strip by Pulitzer Prize-winning cartoonist Mike Peters call into question the relationship of Colombian coffee growers and the crime syndicates of Columbia.

The cartoonist is being sued not only for “damages [to] the intellectual heritage” of the coffee, but also “moral compensation. A public manifestation,” to the tune of $20 million.

At the start of a week-long series of strips, a dog character named “Ralph” finds out that part of chemist and food storage technician Fred Baur‘s remains was buried in a Pringles can, upon his last wishes. Baur’s best known innovation, among multiple, was the patented can and packing method for the Pringles potato chip. The character theorizes what other remains might be interred in their food packaging. Eventually, the dog states that “when they say there’s a little bit of Juan Valdez in every can, maybe they’re not kidding.” This play on an old advertising slogan refers to fictional character Juan Valdez, created by the Federación Nacional.

In a statement Peters says:

I had no more thought to insult Colombia and Juan Valdez than I did Pringles, Betty Crocker, Col. Sanders, Dr. Pepper and Bartles & Jaymes. The cartoon is meant to be read along with the rest of the week as a series of which the theme is based on the fact that the inventor of the Pringles can had his ashes buried in one.

I thought this was a humorous subject and all of my Mother Goose & Grimm cartoons are meant to make people laugh. I truly intended no insult.

Julio Cesar Gonzalez, El Tiempo newspaper’s famous cartoonist, told the BBC that the lawsuit is “a real waste of time.”

In 2006, the Federación Nacional sued Café Britt over their advertising campaign titled “Juan Valdez drinks Costa Rican coffee. In a counter-suit, Britt presented an affidavit from a Costa Rican man named “Juan Valdez”, acknowledging that he drinks Costa Rican coffee, and that the name is too generic to be exclusive. A variety of legal challenges and charges from both sides were eventually dropped. The phrase was actually first used in a 1999 speech by Jaime Daremblum, then-Costa Rican ambassador to the United States.

Mother Goose and Grimm appears in over 800 newspapers worldwide; Peters has won the Pulitzer for his editorial cartoons for the Dayton Daily News. Thirty years ago, his editorial cartoon about electricity prices featured Reddy Kilowatt, an electricity generation spokescharacter. The Daily News defended that comic image in the United States Supreme Court, winning on the basis that “the symbol was not selling a product”, and thus the satire was legally permissible.

Peters drinks Colombian coffee.

Migrant workers in Dominos Pizza ‘slavery’

Friday, August 10, 2007

Eight Hungarian migrant workers sacked from a Domino’s Pizza franchise in Derby, England are said to have taken home virtually no pay for months because of illegal deductions.

The claim is refuted by the company who said in a statement “We have begun a thorough investigation during which we have scrutinised the franchisee’s employment practices. This took place with his full co-operation. The franchisee concerned is confident that he possesses the evidence required to refute these allegations. To the extent that we have been informed of all allegations and have reviewed all available evidence, we also believe this to be the case.”

The sacked workers are being supported in their claim by the workers union Unite. The union say the “there appeared to be a deliberate strategy of keeping the workers in debt to the company through a series of crippling deductions. The deductions included payments to cover the contract purchase of a car from their employer, insurance for the vehicle provided through their employer, and exorbitant rent for substandard accommodation, again provided through their employer. In addition, some workers had to pay fees of up to £180 for an “introduction” to the company. One worker earned just £5 in four months because of the constant and hefty deductions out of his wage packet. When the workers protested they were sacked.”

Air Moldova completes airpark with a Brazilian Embraer aircraft

Monday, February 11, 2008

Brazilian aircraft maker Embraer on Friday announced it has signed a firm order with Air Moldova for one Embraer 190 jet, to be delivered in March 2010. The contract includes an option on another plane of the same model, Embraer said in a statement. The value of the deal was not disclosed.

At present, renowned companies such as Air France, Lufthansa group and Spanish Iberia Airlines own Embraer 190 jets, specified the representative of Air Moldova. The same source specified that Embraer 190 jet is one of the most economic and optimal aircrafts for operation, and it will be configured in a single-class cabin with 114 seats.

Air Moldova, which links the Moldovan capital, Chi?in?u, to cities in Europe and the Middle East, intends to use the new plane to open new markets.

The Embraer 190 is one of the four members of the E-Jets family. On December 31, the Embraer 170/190 E-Jets had logged 764 firm orders and 786 options.

Embraer is the world’s fourth-largest commercial plane maker. It finished 2007 with a firm order backlog of US$18.8 billion.

Champaign, Illinois mayor doubts Obama’s natural-born citizenship; local politicians divided on whether mayor should resign

Sunday, April 18, 2010

The mayor of Champaign, Illinois denies that Barack Obama is eligible to hold the highest office in the United States, joining others who question the validity of the president’s birth certificate.

Jerry Schweighart said: “I don’t think he’s American, personally. You know, if you’re not willing to produce an original certificate like a birth certificate, then you’ve got something to hide.” The Republican, three-term mayor of the central Illinois city made the comment to a man holding a video camera during a Tea Party protest at West Side Park in Champaign. The man who recorded him apparently was an anti-Tea Party student from the University of Illinois at Urbana–Champaign.

Schweighart’s concerns reflect those held by some Tea Party proponents and “birthers“, who claim that Obama is not eligible to be the president because he was not born in the United States. Although officials in Hawaii have confirmed that Obama was born there, birthers still insist that he has not proven his constitutional eligibility as a natural born citizen.

Champaign County Board member Al Kurtz, declaring himself “flabbergasted” by the remarks, has called on the mayor to resign. “It’s a ridiculous statement to make, and that’s why I felt like he polarized the city with those kinds of bias. I think from this statement, it will make him a very ineffective mayor,” he said.

Other local politicians are less concerned by Schweighart’s comment, such as city council member Marci Dodds, who does not believe the mayor should resign. “I respect the mayor greatly but I am somewhat disheartened by his comments. However, that was just a dumb comment. If we all get fired for making dumb comments, we’d sure be moving around a lot,” she said.

Ina000003197 | Bonaz Capital}

INA000003197 | bonaz capital

by

bonaz capitalPeople Can Easily Rs 1000, 2000 To Rs 5000 In Share Market On Daily Basis. Monthly Profit CalculationWork On The Following 3 Strategies For Monthly Profit In Share Market-: 1) Go For The Small Profits, Do Multiple Trades And Earn Thousands At The End Of The Month In Share Market 2) Cut Out The Losses In Intraday Trading Because Money Saved Is Money Earned.3) Pick Stocks Wisely For Buying And Selling On Daily BasisLet Elaborate Things In A More Precise Manner-:1) Take Small Profits And Do Multiple TradesThe Successful Strategy For Day Trading Is To Take Small Profits And Do Multiple Trades. Basically It Has Been Observed That Many Times Traders Lose Money Due Lack Of Knowledge. For Example – Suppose If Day Trader’s Buying Price Of A Share Is At Rs.200 Then He Will Wait For The Price To Go Till Rs.204 Or Rs.205 And Then He Will Plan To Book Profit, Which Is Highly Impossible On Very Frequent Basis In Single Trade. We Feel This Doesn’t Sound Practical And This Is The Reason Why Traders Lose Money After Waiting For Long Time.Take Small Profits And Do Multiple Trades – This Strategy Will Assure You Get Profits, And All The Profits That You Do Throughout The Day Will Add Up To Good Amount And This Is What You Want, Right?The Current Intraday Brokerage Offered By Us Rs 20 For Buying And Rs 20 For Selling. If You Are Interested To Open The Demat And Trading Account Then Please Visit At Demat Account Opening Page- Brokerage – Rs 20 For Buying And Rs 20 For Selling- The Service Tax Is Of 15% Only On Brokerage Amount.- The STT (Security Transaction Tax) Is Of 0.025% Only Selling Amount. – The Stamp Duty On Total Turnover For A Day Which Is 0.002%.- And Finally SEBI Turnover Tax – 0.0002% On Turnover So You Bought Tata Steel At Rs.315, Qty – 400 I.E. Rs.315×400 = 126000 And Sold It At Rs.316.5 You Took Only Rs.1.5 As Profit For Rs.315 Share Price And You Sold 400 Shares So Your Gross Profit Is Rs.600. Buying Amount Is 126000 And Selling Amount Is 126600 Which Adds Up To Rs. 252600Make Money in Share Market With These Exceptional Tips

Understand Some Basic Terminology-:

Many of the people are aware of a stock’s price but investors didn’t know that a stock price gives very much information about the health and wealth or a value of a stock of a company. To truly understand a stock one should need to look a variety of factors listed-: (a) Outstanding Shares (b) Dividends (c) Earnings per Share (d) Market Capitalization (e) Price to Earnings Ratio How to Pick a Company -:Okay, so now you’re at least a little bit more prepared to handle the flurry of financial words that are flying at you. That still doesn’t help you decide on a company to invest in, though. What should you even be looking for?There are many companies that have growth stocks means that these stocks are going to give you profit in near future but how could you decide which stocks are growth stock and how could you identify them. This investment strategy involves finding the right companies that are already experiencing high growth and are expected to continue to do so into the foreseeable future.

Article Source:

eArticlesOnline.com
}