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. …

Saturday, August 30, 2014

Malaysia Airlines to slash 6,000 jobs in survival bid

Yahoo – AFP, Julia Zappei, 29 Aug 2014

Airport groundstaff walk past Malaysia Airlines planes parked on the tarmac at
 the Kuala Lumpur International Airport in Sepang on June 17, 2014 (AFP
 Photo/Manan Vatsyayana)

Malaysia Airlines will slash 6,000 jobs, trim its route network, and replace its CEO under plans announced Friday to stave off bankruptcy after two air tragedies plunged the already troubled carrier deeper into crisis.

State investment fund Khazanah Nasional, which controls the failing flag carrier, said it would pump 6 billion ringgit ($1.9 billion) into the airline, hoping the changes will return the company to profitability within three years.

Khazanah's Managing Director Azman Mokhtar said, however, there were no plans to change the carrier's name -- now deeply tarnished by its association with the MH370 and MH17 tragedies, which have pummelled bookings.

Azman Mokhtar, managing director of state
 investment fund Khazanah Nasional Berhad
 which owns Malaysia Airlines, addresses
media in Kuala Lumpur, August 29, 2014
(AFP Photo/Manan Vatsyanana)
"The combination of measures announced today will enable our national airline to be revived," Azman said.

Aviation analysts, however, said it was far too early to predict success, citing a lack of details in the plans, intense industry competition, and the airline's sullied image.

Malaysia Airlines (MAS) has bled money for years, with analysts blaming poor management and a failure to keep up with industry competition.

But the outflow has become a torrent due to this year's disasters.

MH370 mysteriously vanished on March 8 with 239 passengers and crew aboard. MH17 went down July 18 -- believed hit by a surface-to-air missile -- in rebellion-torn eastern Ukraine, killing all 298 on the plane.

MAS previously had a solid safety record.

Smaller staff, regional focus

The airline released a statement saying its flights would operate as normal during the restructuring.

Azman said the company will shed about 6,000 -- or 30 percent -- of the airline's nearly 20,000 employees.

Ismail Nasaruddin, head of Malaysia's flight attendants union, said the union was awaiting details on how the layoffs would be carried out.

"The numbers are pretty high," he said. "A lot of frustration is in the air. That's obvious."

MAS also will "rationalise" its flight network -- a term it has used previously for cutting unprofitable routes -- to become a "principally regionally focused" carrier, Azman said, giving no further details.

A Malaysia Airlines employee writes a message expressing prayers and well-wishes
 for passengers onboard missing Malaysia Airlines (MAS) flight MH370 at Kuala Lumpur
 International Airport in Sepang on March 14, 2014 (AFP Photo/Manan Vatsyayana)

A new CEO would be chosen by end-2014, though current under-fire boss Ahmad Jauhari Yahya would stay in charge until July 2015 to ensure a smooth transition.

Azman added that Khazanah may sell stakes in the carrier to strategic buyers from the private sector in the future.

Khazanah Nasional, which already owns 70 percent of Malaysia Airlines, announced plans in early August to acquire all remaining shares and de-list the company's stock as it works to revive it.

That process is still under way, and it remains unclear whether Khazanah will be able to carry out its plans.

Even before this year, aviation analysts have long said the airline needed wholesale reform.

Some also have complained that MAS CEOs have come from non-aviation sectors, blaming that for a series of poor business decisions over the years.

The carrier has controversially been kept aloft for years by transfusions of public money, and Azman stressed that "public accountability for the use of the funds" means the carrier cannot remain on life support "at any cost".

But Shukor Yusof of aviation consultancy Endau Analytics said Khazanah's plans were essentially a government bailout.

'Throwing good money after bad'

"This is throwing good money after bad," said Shukor, who called the plans "piecemeal."

Normi Abdullah (C) wife of Malaysia Airlines in-flight
 supervisor, Mohd Ghafar Bin Abu Bakar, one of the
 Malaysians killed in the July 17 MH17 disaster, cries 
during a ceremony at Kuala Lumpur International
 Airport in Sepang on August 24, 2014 (AFP Photo/
Mohammed Rasfan)
"Returning to profitability in three years is wishful thinking. Its brand is now severely damaged."

He said Khazanah was part of the problem, noting that previous turnaround strategies under it have failed.

Adrian Ng, analyst with Kenanga Research, said too little was known about the company's future focus to say whether MAS can become self-sustaining.

"The industry is tough, and the competition is very stiff," he said.

On Thursday, MAS announced that it posted its sixth straight quarterly loss in the April-June period and predicted more losses this year as the disasters' impact on bookings intensifies.

MH370 inexplicably diverted from its Kuala Lumpur-Beijing course. The Malaysian government believes it went down in the Indian Ocean, but no trace has been found.

The government and Malaysia Airlines came under fierce global criticism over their failure to account for the jumbo jet, a slow-footed response and accusations of secrecy.

Western leaders say MH17 was shot down by pro-Russia rebels in Ukraine. An investigation is ongoing.

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