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. …

Monday, January 26, 2015

Private jet market hit by China's anti-graft campaign

Want China Times, Staff Reporter 2015-01-26

A private jet in Zhuhai, Guangdong province, July 5, 2014. (File photo/CNS)

China's anti-corruption campaign has hurt the previously booming market for private jets, but the temporary setback may also lead to the more measured development of the sector, China Entrepreneur magazine reports.

China's private jet market has seen rapid growth since the 2008 Olympics in Beijing, and the Greater China region posted an annualized growth rate of 34% at the end of 2013 compared with the global rate of 5%, the magazine noted.

This rapid growth attracted different players to the business, including airline companies, leasing companies and other private enterprises. However, the government's crackdown on corruption has hit the private jet business, and it has become a game of endurance for companies that invested in the sector in terms of surviving in a race that initially offered profits similar to a gold rush, the report said.

"We all believe the market will rebound in the future but at the moment we need to wrap up to stay warm through the cold winter," said Jin Yao, president of Dream Jets, a company established in 2012 to operate chartered private jet services.

Xu Shaoyi, a venture capital fund investor who invested in Dream Jets, said the company had decided to focus on chartered services and consultation services for the purchase of private jets because of the heavy costs involved in buying and operating the aircraft independently. "The sector may be flourishing but it has not yet yielded returns. It is most important to avoid investing too much but rather to maintain a presence and accumulate experience," Xu said.

The government's introduction of stricter rules to curb the lavish spending of officials has led to the cancellation of existing orders of private jets by both state-owned and private companies. State-owned companies cancelled their orders in adherence to the government's rules, while private companies made the same decision since the private jets were meant to carry company executives and government officials, the magazine said.

Since the manifest of all private jet passengers must be submitted to the aviation authorities, no government official dares to take flights offered by private companies for fear of falling foul of the anti-graft drive, the magazine added.

However, Jin remains positive about the sector's future, saying that the current downturn may help eliminate the business' image of being a luxury service. "In the past, everyone bought irrationally. Many people only chose to buy the most expensive premium models," Jin said, noting that American companies generally start by buying secondhand planes rather than new.

While the government is also attempting to resolve the issues restricting the development of the business, which include a lagging infrastructure and the applications required before each flight, Dream Jets is exploring other opportunities.

"We want to become the Uber of private jets," Jin said, noting that a seat on a chartered private jet can be cheaper than a first-class ticket on international long-haul flight on some routes.

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