Sounds like the other one, Wei Tu LoQuote:
Originally Posted by BobR
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Sounds like the other one, Wei Tu LoQuote:
Originally Posted by BobR
https://teakdoor.com/images/smilies1/You_Rock_Emoticon.gif
"Malaysia Airlines, which lost two of its planes last year, is to sack one-third of its 20,000 staff on Wednesday as part of a major reorganization aimed at making the ill-fated company more efficient. The axing will take place it two steps: first all of the carrier’s 20,000 employees will be laid off, then two-thirds will be rehired under new contracts.
According to the sources, up to 8000 employees on Malaysia Airline’s (MAS) staff may lose their jobs by the end of the year, The Straits Times reported.
“The 6,000 will be terminated at the same time, but some will be released in phases to manage the transition,” the source said.
Following the restructuring, the carrier will abandon most of its international flights and mainly operate domestically, the Malaysia Chronicle reported."
So in other words, 6,000 get the sack and 14,000 get told to take a huge pay cut or take a hike.
Not nice.
Thai airways may well go the same way soon.
Doesn't seem to be healthy times for a number of historically substantial airlines these days....Quote:
Originally Posted by harrybarracuda
Perhaps a truer reflection of real world economies.
So true and the Rise of the ME airlines.
Much more of a factor. They're already subsidised to the hilt, and they get virtually free fuel as well.Quote:
Originally Posted by Horatio Hornblower
Budget airlines have killed the shorthaul cashcows
I used to regularly fly London to Paris in the mid and late 80s. The cheapest midweek return fare was £150. By a strange coincidence state owned Air France and BA charged exactly the same fares too
https://teakdoor.com/images/imported/2015/05/1023.jpg
British Airways' owner snaps up Ireland's Aer Lingus for £1bn
Willie Walsh, chief executive of IAG, has spent months brokering the complex deal that will result in Aer Lingus retaining its head office in Dublin and its existing slots at Heathrow airport.
Mr Walsh, who began his aviation career as an Aer Lingus pilot in 1979, said that both companies - who together fly 88.1m passengers a year - and Ireland would benefit from the deal.
The deal brings the career of Mr Walsh full circle. Having begun his career as a pilot cadet at the age of 17, he rose rapidly up through the ranks of the airline to be named chief operating officer in 2000, and chief executive a year later.
During his time running Aer Lingus he clashed heavily with the unions as he cut 2,000 jobs, sold off non-core assets and simplified its complex fleet.
He jumped ship to British Airways in October 2005, since which time he has been responsible for creating IAG, a vehicle designed to consolidate the airline sector formed from the merger of BA and Spain’s Iberia in 2010.
“Acquiring Aer Lingus would add a fourth competitive, cost-effective airline to IAG, enabling us to develop our network using Dublin as a hub between the UK, continental Europe and North America, generating additional financial value for our shareholders,” he said. Colm Barrington, chairman of Aer Lingus, described the deal as a “compelling transaction for Aer Lingus”.
British Airways' owner snaps up Ireland's Aer Lingus for £1bn - Telegraph
Lovely
A Singapore Airlines Airbus jet lost power on all of its engines mid-flight
Business Insider
http://www.yahoo.com/autos/s/singapo...203400571.html
Benjamin Zhang
May 27, 2015
Over the weekend, Singapore Airlines Flight 836, flying from Singapore to Shanghai, lost power mid-flight on both of its Rolls-Royce engines.
According to Flightradar 24, the Airbus A330-343 experienced the problem while cruising at 39,000 feet.
The incident, which took place just south of Hong Kong, caused the airliner to descend 13,000 feet before the crew was able to restart the engines.
^
Thanks for that one. I'm coming over soon.
Business Insider
May 26, 2015
Over the weekend, Singapore Airlines Flight 836, flying from Singapore to Shanghai, lost power mid-flight on both of its Rolls-Royce engines.
According to Flightradar 24, the Airbus A330-343 experienced the problem while cruising at 39,000 feet.
The incident, which took place just south of Hong Kong, caused the airliner to descend 13,000 feet before the crew was able to restart the engines.
The Airbus jet — registration number 9V-SSF — landed safely in Shanghai an hour and a half later. There were 182 passengers and 12 crew members on board the airliner. No injuries were reported.
According to The Aviation Herald, Singapore Airlines confirmed that the A330 "experienced a temporary loss of power" after encountering some bad weather.
Once on the ground in Shanghai, the two-month-old airliner underwent a batch of tests, but a cause for the power loss couldn't be determined, The Aviation Herald reported.
Singapore's Air Accident Investigations Bureau is looking into the incident.
When a jet like the A330 loses an engine, it's still certified to fly for as long as four hours on the remaining engine. Obviously, when a jet loses both engines, the situation is much more serious. However, pilots are trained to handle it.
The A330-300 is a twin-engine midsize wide-body airliner and one of Airbus' top-selling aircraft types. The plane that experienced the problem was fitted with two Rolls-Royce Trent 772B turbofan engines
Singapore has 31 Airbus A330-300s in its fleet. They fly routes across Asia and Australia.
A Singapore Airlines Airbus jet lost power on all of its engines mid flight - Business Insider
So they flew it back without finding out what caused the problem?!Quote:
The aircraft remained on the ground in Shanghai for about 4 hours, then departed for the return flight SQ-825 and reached Singapore with a delay of 2 hours.
:confused:
Imagine all the brown and wet seats on that flight....?
Flying through thunderstorms again....When will they learn???Quote:
Originally Posted by harrybarracuda
Even if flying it back after only 4 hours on the ground was technically prudent, which is doubtful, if the media was actually intelligent enough to latch onto it being cleared to fly after only 4 hours, that would rate up there with Thai's spray painting the logo as an unbelievable PR mistake.Quote:
Originally Posted by harrybarracuda
Surprising for an airline like Singapore to be so reckless both in terms of safety and their image.
Also surprising it continued on to Shanghai instead of diverting to Hong Kong, which was closer.
Harry, you'll find that it's a very common existence for most major and minor commercial carriers to be subsidized in one degree or another, yet many airlines struggle while others thrive....Quote:
Originally Posted by harrybarracudaMuch more of a factor. They're already subsidised to the hilt, and they get virtually free fuel as well.Quote:
Originally Posted by Horatio Hornblower
The difference is the business foundation.
Yes Jeff, you obviously know fuck all about the Middle East or European aviation industries, so it's best you just sit in the corner and open a can of STFU.Quote:
Originally Posted by thaimemeHarry, you'll find that it's a very common existence for most major and minor commercial carriers to be subsidized in one degree or another, yet many airlines struggle while others thrive....Quote:
Originally Posted by harrybarracudaMuch more of a factor. They're already subsidised to the hilt, and they get virtually free fuel as well.Quote:
Originally Posted by Horatio Hornblower
The difference is the business foundation.
Quote:
The EU anti-subsidy rules define a subsidy as "a financial contribution made by (or on behalf of) a government or public body which confers a benefit to the recipient".
I am sure all companies and Governments around the world have similar flowery rules.:)Quote:
Originally Posted by harrybarracuda
Of course one could think the prices paid by "governments" for it's military versions of the vanilla planes are in no way "exceptionally" increased.
One could beleive that Airbus/Boeing have one "fixed" price list which the management do not allow salesmen to deviate from. One could think Exxon, Total, BP..... have one price for it's products - worldwide.:rolleyes:
One could also think that the ability to continue the R & D into bigger, better, faster or more efficiently engined planes is funded by the military planes developed and built by the same companies.
One could think the ECB funding purchases from money electronically printed at zero cost and lent at negative rates to finances the airline or plane manufacturers assist in the "pricing" structure.
One could think the overt manipulation of commodity/stock markets, FX rates, oil prices etc. by government agencies would assist a community "asset".
But of course one could be totally wrong, 50% wrong, 25% wrong or be spot on.
But maybe not!
http://www.zerohedge.com/news/2015-0...subsidy-yanked
"Boeing is stepping up pressure on opponents of the US Export-Import Bank with threats to shift manufacturing abroad if the agency that finances purchases by foreign customers is killed off next month.
The threats come as a new push is being made in Congress to find ways of wresting reauthorisation of the bank from a committee controlled by one of the agency’s fiercest opponents.
Scott Scherer, Boeing’s head of regulatory strategy at Boeing Capital, said the aerospace and defense group would “not sit idly by” if the ExIm Bank’s mandate was not renewed by the end of June. “Boeing is not going to let itself be hurt by the lack of an ExIm Bank,” he said in an interview with the Financial Times.
“If it means sourcing … to other countries who will support us we may have to look at that. Other countries have more aggressive export policies."
I would like to fire in a report regards a web sight called " Optiontown ".
This sight offers upgrades at a heavily discounted price and works like this.
One pays upfront for a business or first class seat and in the event the Airline does not fill them at full price you get the upgrade.
If they fill the seats you get your money back.
Bloody good. I popped on a sleeper back to Perth from KL and received the upgrade for 150 buks. Full price was $500.
I'm in again for my next trip back in September. :)
Give it a crack.
Terry who did you fly with ?
^
Airasia but they cover many airlines.
Airlines hate to fly empty so they will gladly take the extra money if the pointy end is available last minute.
More prime time slots at LHR for AIG, how many did Iberia bring with them?Quote:
Originally Posted by KEVIN2008
Airasia have business class now?Quote:
Originally Posted by terry57
You're missing the point. Even in non-EU countries, it also requires having the money (and the oil) to do it, and being able to circumvent the public's unwillingness to see it thrown down the toilet.Quote:
Originally Posted by OhOh