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. …

Tuesday, July 14, 2015

Garuda Indonesia to Spend $1.85b for 24 New Planes

Jakarta Globe, Farid Firdaus,  Jul 13, 2015

Garuda Indonesia is set for massive expansion after a series of plane purchases.
(Antara Photo/Yusran Uccang)

Jakarta. Garuda Indonesia, the national flag air carrier, will spend as much as $1.85 billion to acquire 24 new planes over the next three years.

The new fleet includes 11 Airbus A330s, nine ATR turboprop planes, three Boeing 777-300s and one 737-Max. The state-controlled carrier has started the purchase this year, ordering up to 15 new aircraft.

I Gusti Ngurah Akshara, director of finance and risk management at Garuda Indonesia, said that the aircraft began arriving in Indonesia starting from June this year and keep coming through December 2017.

About 80 percent of the order will be financed through an operating lease, while the remaining 20 percent will be through a financial lease, according to the director. Still, he pointed out that the scheme may change in the next three year “depending on market condition and internal management.”

The new order follows Garuda Indonesia’s $20 billion deal with Airbus in Paris last month in which the airline is slated to acquire 30 787-900 Dreamliners aircraft and 30 737-Max jets.

“The initial agreement in Paris is estimated to supply aircraft until 2025. We’re still evaluating the next process,” the finance director said.

Garuda Indonesia is planning to add nine more units of wide-body aircraft to its fleet — which currently has 22 wide-body aircrafts — in a target to operate as much as 53 units of wide-body aircrafts by 2025, according to the company’s president director Arif Wibowo.

Last month Arif was quoted by local media saying the State-Owned Enterprises Minister Rini Soemarno asked the airline to grow its fleet to 450 aircraft in the next five years from its current fleet of 136 aircraft as of the first quarter, according to Reuters.

Improving financial performance

After reversing last year’s losses to a $11.4 million net profit in the first three months of the year, Akshara said that the airline’s first-half performance is slated to improve on the back of Garuda Indonesia’s $62 million efficiency efforts.

“The growth of revenue and net profit for the second quarter of the year is better than the quarter before. Up until June, we’ve lowered costs by more than 14 percent,” he said, adding that Garuda Indonesia aims to trim up to $212 million of cost by year-end.

Akshara also said that Garuda Indonesia’s improving financial performance is backed by the positive performance of subsidiaries, such as the aircraft maintenance and facility unit Garuda Maintenance Facility and low-cost unit Citilink.

Garuda Indonesia is aiming for $4.4 billion in revenue this year, up 12 percent from last year’s revenue of $3.93 billion.

No comments: