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

Missing MH370 likely to have disintegrated mid-flight: experts
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. …

Friday, November 18, 2011

Indonesia’s Lion Air Roars with Record Boeing Order

Jakarta Globe, Janeman Latul, November 18, 2011

Indonesia's Lion Air has placed the largest ever commercial airplane
order in Boeing's history, valued at $21.7 billion. (AFP Photo)

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Little over a decade ago, Indonesian budget airline Lion Air served a single route on remote Borneo island. On Friday, it placed a $21.7 billion order with Boeing, the airplane giant’s biggest commercial order on record. 

Lion Mentari was founded with just $10 million in start-up capital in 1999 by Kusnan and Rusdi Kirana, who ran a travel agency until they spotted a growth opportunity when the Indonesian government deregulated the aviation industry.

Lion Air -- 48-year-old Rusdi is now CEO, and Kusnan is president commissioner -- was one of dozens of new carriers to emerge around that time in Southeast Asia’s biggest economy, including Sriwijaya Air and the now bankrupt Adam Air.

The Boeing deal for 230 short-haul jets takes Lion Air’s orderbook to more than 400 planes, which they aim to use to fly across an Asia-Pacific region still seeing robust passenger growth despite the shaky global economy.

The deal includes options for another 150 aircraft valued at $14 billion, bringing its potential total value to $35 billion.

The aggressive buying spree comes ahead of regional air liberalization in 2015, part of a planned Southeast Asian free trade economic community.

At the moment, some Southeast Asian nations shut out airlines to protect their national carriers.

“If you’re looking at a short term view, people will call us nuts, but we’re talking about an opportunity here and we’re taking a long term view,” said Edward Sirait, a Lion Air director. “Look at the growth in the region -- China, India and Southeast Asia. It’s tremendous and what we’re doing now is to anticipate 5-10 years ahead,” he said. 

The deal for 201 of Boeing’s updated 737 MAX planes and 29 Next-Generation 737-900 extended range planes -- announced as US President Barack Obama attended a regional meeting in Indonesia -- will be financed in part by the U.S. Exim Bank, Sirait said. 

The rest will come from a consortium of international banks, which is still being finalized. Delivery of the planes will be in 2017-25.

Lion Air plans an initial public offering next year to raise more than $1 billion through the sale of a 20-30 percent stake, to help finance its rapid expansion.

It aims to fly to China, India, South Korea, Japan and Australia.

Much of the growth in Asia’s air travel industry has been driven by budget carriers, but Lion Air plans to use the blueprint of regional leader AirAsia and set up a premium airline, too. Space Jet is expected to launch in a year’s time.

Lion Air operates 92 planes and has a load factor of above 80 percent. The latest order comes on top of a $14 billion deal signed in 2008 with Boeing for 178 737-900s, which will be delivered in stages until 2016.

Apart from flights around the sprawling Indonesian archipelago, Lion Air flies to Jeddah and Singapore, but is banned from flying to the European Union because of safety concerns.

The EU last year allowed flag carrier Garuda Indonesia to resume flights after a similar ban. 

No Lion Air plane has crashed in a domestic industry that regularly sees deadly aviation disasters, but its planes have skidded off runaways and it has been criticized for regular flight delays.

As the air industry takes off, analysts say Indonesia must revamp overloaded and dilapidated infrastructure, including airports and power supply, to sustain current growth levels.

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