More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
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

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

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

Leaders see horror of French Alps crash as probe gathers pace

"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. …

Tuesday, January 19, 2010

Japan Airlines: From National Miracle to Aviation Wreck

Japan Airlines, a former state-owned flag carrier that was once a source of national pride, has become one of the highest profile victims of the country’s long economic malaise.

JAL’s rise and fall mirrors the nation’s economic “miracle” after World War II as well as its years of stagnation after the bubble burst in the 1990s.

The airline was established in 1951, half controlled by the government. It made its international debut in 1954, connecting Tokyo, Honolulu and San Francisco.

Flying to 217 airports in 35 countries and regions, the biggest carrier of the world’s second-largest economy is saddled with huge debt.

With that estimated at about 2 trillion yen ($22 billion), the JAL bankruptcy is the biggest failure outside the financial sector since World War II, according to Tokyo Shoko Research, an advisory company. Despite the airline’s current woes, its landing slots remain coveted, with US carriers American Airlines and Delta locked in a bidding war for a slice of JAL as they look to increase their share of the Asian market.

Sporting its trademark crane logo, JAL rapidly widened its operations at home and overseas during the 1960s and 1970s, at one stage becoming the world’s largest carrier in terms of flights.

Disaster struck in 1985 when a JAL jumbo crashed into a mountain in Japan, killing 520 of the 524 people aboard in the worst single-airplane accident in aviation history.

As it battled to overcome the tragedy, the carrier was fully privatized in 1987 and expanded its fleet in the early 1990s, a move that soon turned out to be a financial burden as the economic “bubble” burst.

The carrier has 279 aircraft, including 113 leased planes. It transported about 53 million passengers last year, 41 million of them on domestic routes.

As the global aviation industry was battered by the fallout from the September 11, 2001 attacks as well as the SARS and bird flu scares, JAL plunged into huge losses and sought massive credit lines from the government.

In a bid to survive the tougher business environment, JAL and domestic carrier Japan Air System merged to form JAL Group, changing the logo to the current “Arc of the Sun” resembling the national flag.

The integration, however, led to further losses and a slowdown in restructuring efforts, while JAL’s smaller rival All Nippon Airways moved into high gear.

Despite the privatization, JAL has often come under political pressure to maintain flights to more than half of domestic airports even though many are unprofitable, analysts say.

Nomura Securities analyst Makoto Murayama added that JAL also miscalculated international demand. “ANA predicted the decline in demand for international flights would not recover after the 9/11 attacks in the United States — which proved to be right,” he said. “JAL thought demand would recover.”

More recently, the global economic crisis as well as the swine flu outbreak dealt another serious blow. JAL lost about $1.5 billion in the six months to September 2009.

JAL, which has about 47,500 employees, has been saddled by huge pension payouts to retirees, who have now agreed to reduced payments. Agence France-Presse

Related Article:

Japan Airlines files for bankruptcy protection

JAL is now valued at less than the price of a new jumbo jet

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