More carmakers caught in headlights of VW engine-rigging scandal

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Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

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Iran's 'catastrophic mistake': Speculation, pressure, then admission

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Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

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A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

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Leaders see horror of French Alps crash as probe gathers pace

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"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Thursday, March 20, 2008

Troubled Adam Air loses operating rights

Novia D. Rulistia , The Jakarta Post , Jakarta | Wed, 03/19/2008 12:21 AM

The financial troubles of PT Adam Skyconnection Airlines (Adam Air) climaxed Tuesday with airline regulators revoking the company's operating certificate as of Wednesday.

"With this I revoke Adam Air's operating certificate. Adam Air is no longer allowed to operate its planes," the Transportation Ministry's director general for air transportation, Budhi Mulyawan Suyitno, said at a press conference in Jakarta.

According to regulations, the company now has three months to address its internal problems before its Aircraft Operator Certificate is permanently revoked.

Responding to the decision, Adam Air president director Adam Aditya Suherman said the airline was working to address its financial problems. He also confirmed that all operations had been shut down as of Tuesday morning.

"Our employees are deeply demoralized now. So, I suppose, this decision is in the best interest of everyone," he said.

Earlier this week, PT Bhakti Investama, which owns 19 percent of Adam Air through its unit PT Global Transport Services (GTS), and the Bright Star Perkasa business consortium, which holds a 31 percent stake, announced they were pulling out of Adam Air and selling their stakes to the airline's founder Suherman and Sandra Ang.

Bhakti Investama president director Hary Djaja said the investment company would protect the interests of its public shareholders should its investment through GTS in Adam Air cause any losses.

Hary said his firm decided to pull out of Adam Air after claims by Bhakti Investama's legal adviser, Hotman Paris Hutapea, that Adam Air's management had misused internal funds totaling Rp 2.1 trillion.

Hotman also said potential losses suffered by the government related to loans from state-owned Bank Rakyat Indonesia reached Rp 50 billion.

Hotman said his clients planned to report the misuse of funds to the Corruption Eradication Commission if the airline refused to be transparent in its financial reports, especially regarding cargo and ticket sales.

Suherman and Sandra Ang, who hold the remaining 50 percent stake in the airline, plan to buy the stake from Bhakti for Rp 100 billion in September, Hotman said.

Adam refuted Hotman's statement, saying Suherman and Sandra had not accepted the offer and that no notification had been delivered to the airline's management.

Also Tuesday, dozens of college students protested the cancellation of Adam Air flights at Soekarno-Hatta airport, Tangerang.

"We were informed of the cancellation only five minutes before the scheduled departure," one of the students, Mia Kurnaedi, 23, said as quoted by Antara news agency.

She said a group of students from Bandung, Makassar and Kalimantan were scheduled to fly to Batam aboard an Adam Air flight.

Another passenger, Hasaniah, 58, said she bought a ticket for an Adam Air flight from Jakarta to Surabaya for Rp 500,000, but was only refunded Rp 290,000 when the flight was canceled. (lva)

Posted by Cempaka at 10:12 AM
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