AOPA Announces Flying Club Initiative

At AOPA Summit last week, AOPA announced a plan to help grow the national network of flying clubs, an initiative that is one of the first launched by the newly formed Center to Advance the Pilot Community. (See our story on the reach that flying clubs can have.) The goal is not only to create new clubs but to foster the growth and interoperability of existing clubs as well.

Head of the center, Adam Smith, says that the research shows an overwhelmingly positive impact clubs have on the GA community. “More than half of all active pilots are past or present members of a flying club and virtually all of them consider club membership as a positive experience,” he said.  “Flying clubs are an under-recognized part of aviation that deserves the Center’s support and encouragement.”

For the past several months AOPA has worked closely with successful clubs to create the plan. It established an advisory committee with 11 clubs from around the country and will work closely with the committee going forward. With 650 clubs operating currently, there seems to be a good foundation for their growth, but Smith says he hopes that the tools his organization can provide existing and newly created clubs will help them interact and share the secrets of what works and what doesn’t.

The goal, however, is easy to articulate, said Smith: “To help build a stronger community in which more people earn pilot certificates, pilots are more active, and the flying lifetime of pilots is extended.”



Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in 
Blog : http://shekharaerosoft.blogspot.in/ 

Shekhar is a Professional Pilot with more then 8 years experience of Flying on 14 different types of Air crafts in 10 different countries with accident free flying record. Shekhar is good in Flying Training as well as in Ground class for Pilots. Shekhar started his flying career from Skycabs [Colombo ] and worked for many Airlines Training Companies from different part of the world. He trained more then 350 Pilots who are flying world wide. He is a member of Aircraft Owners & Pilots Association [ USA], Royal Society of Aeronautics [ UK], Delhi Flying Club, Aeronautical Society of India, MP Flying Club Indore, Aeronautical Research Society. He is a frequent flyer on AA, Air India, British Airways, Cathey Pacific, Delta Airlines, Emerites, Ethihad, Jet Airways, Kingfisher and many more. Shekhar is an active member of www.MissionToCanada.com  set up by Govt. of Canada and Air Transport Association of Canada.

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Sant Shri Ji Asaram Ji Bapu wants panel to visit ashram for his deposition

Spiritual leader, Asaram Bapu has once again tried to avoid appearing before the justice DK Trivedi commission, this time by citing some unheard-of reasons. The guru has said that there is apprehension of violence at the office of the commission if he goes there for cross examination. Instead, he has offered the commission to visit his ashram or to conduct the cross examination through video conference, for which he is ready to bear the expenses.

Bapu, his son Narayan Sai and other disciples of the Asaram Ashram are facing judicial inquiry from Gujarat high court’s retired judge, justice DK Trivedi over the mysterious deaths of two students of the Asaram Gurukul, Dipesh and Abhishek, in 2008.

The commission had first issued summons in this regard in April 2011 to Asaram and his son but they had repeatedly failed to appear before the panel citing one or the other reason.

On Thursday, Asaram’s lawyers, BM Gupta and Chandrashekhar Gupta have moved another such application stating there is strong apprehension of violence by some anti-social elements.
“We have moved the plea on Thursday and its hearing will be held on October 23,” said the counsel for Asaram.

In his application, the spiritual leader has given three options to the commission – to appoint a representative to record his statement, the commission be shifted to his ashram in Sabarmati or the examination be recorded through video conferencing.

Furnishing reasons to not appear before the commission, Asaram has cited two incidents of major violence that broke out between his disciples and the public after the death of the two minors came to light. One incident was right after the deaths in July 2008 and the second took place during when his followers were carrying out a rally at Gandhinagar in 2009.

In July 2008, the state government had announced setting up of the commission following public outrage over the death of cousins, Dipesh and Abhishek after their bodies were found on the Sabarmati riverbed, not very far from the ashram. Parents of the victims have since alleged involvement of black magic by Asaram behind the death of the kids.


Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]  shekhar@golgapppa.com

Pilot Killed in Aeropro CZ A240 Plane Crash Identified as Capt Andrew Hayden

The Pilot killed in a plane crash after departing from Half Moon Bay Monday morning was identified as the 75-year-old Florida man that the plane was registered to, according to the San Mateo County coroner's office.

Captain Andrew Hayden, of Punta Gorda, Fla., a former U.S. Navy SEAL, was killed when his single-engine Aeropro CZ A240 crashed near Seal Cove shortly after departing from the Half Moon Bay Airport for Marana Regional Airport near Tucson, Ariz., around 5:50 a.m. Monday, Federal Aviation Administration spokesman Ian Gregor said.

The plane was registered to Hayden, who was the only person in the plane, according to officials. Cause of death has not been confirmed, but the coroner's investigation suggests Hayden may have died before the plane crashed.

Hayden's wife said he had intended to make a fuel stop in Apple Valley, Calif., and she reported the aircraft missing when it did not show up on schedule at Marana, according to Gregor.

After a search effort led by the U.S. Coast Guard and aided by the Civil Air Patrol and the San Mateo County Sheriff's Office, a ground-based search crew found the wreckage around noon Tuesday, about 400 yards west of the Half Moon Bay airport, Gregor said. FAA investigators were at the scene Tuesday, and National Transportation Safety Board investigators were expected to arrive today.






Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]  shekhar@golgapppa.com 
Shekhar is a Professional Pilot with more then 8 years experience of Flying on 14  different types of Air crafts in 10 different countries with accident free flying  record. Shekhar is good in Flying Training as well as in Ground class for Pilots.  Shekhar started his flying career from Skycabs [Colombo ] and worked for many  Airlines Training Companies from different part of the world. He trained more  then 350 Pilots who are flying world wide. Shekhar is a member of Aircraft Owners & Pilots Association [ USA], Royal Society of Aeronautics [ UK], Delhi Flying  Club, Aeronautical Society of India, MP Flying Club Indore, Aeronautical Research Society. He is a frequent flyer on AA, Air India, British Airways, Cathey  Pacific, Delta Airlines, Emerites, Ethihad, Jet Airways, Kingfisher and many  more. Shekhar is an active member of www.MissionToCanada.com set up by Govt. of  Canada and Air Transport Association of Canada.
His recent passion is www.GolGapppa.com project which he wana see onboard of all  India bond flights. And all major Airports in the world.  

Small Plane Crashes Off Fire Island New York Times (blog) Small Plane Crashes Off Fire Island. By MICHAEL SCHWIRTZ. A small plane crashed in the waters off Fire Island on Saturday and sank before fishermen in the area could rescue two people on board, the Coast Guard said. The cause of the crash was unclear ... See all stories on this topic »

Small plane crashes, sinks in Long Island inlet WPEC FIRE ISLAND, N.Y. (AP) -- Divers are working to rescue two people trapped in a small plane thatcrashed into an inlet on Long Island's Atlantic coast. The U.S. Coast Guard says the aircraft went down around 3 p.m. near the eastern end of Fire Island. See all stories on this topic »

Man killed in plane crash ID'd Today's News-Herald The plane crashed into the east side of the Yucca mountains, a Federal Aviation Administration official told Today's News-Herald in an email Thursday. The crash scene is about 35 miles southwest of Kingman, according to the Sheriff's Office release. See all stories on this topic »

VSP Investigates 'Minor' Plane Crash in Nelson Co. The Charlottesville Newsplex VSP Investigates 'Minor' Plane Crash in Nelson Co. Click image to view slide show. October 20, 2012. A Staunton man is recovering from serious injuries after a minor plane crash Saturday afternoon in the Roseland community of Nelson County. Police say ... See all stories on this topic »

35 Years Ago: Lynyrd Skynyrd's Plane Crashes Ultimate Classic Rock Lynyrd Skynyrd had established themselves as one of the most successful rock bands of the '70s by the time they released 'Street Survivors' in October of 1977. The group's career would come to a tragic halt just three days later, on Oct. 20, 1977, when ... See all stories on this topic »

Man Killed in Plane Crash Identified Patch.com The pilot killed in a plane crash after departing from Half Moon Bay Monday morning was identified as the 75-year-old Florida man that the plane was registered to, according to the San Mateo County coroner's office. Andrew Hayden, of Punta Gorda, Fla ... See all stories on this topic »

Lawsuits settled for East Palo Alto plane crash The Almanac Online More than two and a half years after a small plane slammed into an East Palo Alto neighborhood and cut power to Palo Alto, three lawsuits stemming from the fatal, Feb. 17, 2010, crash have been settled, according to court papers filed in San Mateo ... See all stories on this topic »

Plane crashes in Union County, passengers survive WCNC UNION COUNTY, N.C. -- The Union County Sheriff's Office is on the scene of a plane crash in Hemby Bridge. The crash happened around 3 p.m. Saturday on North Rocky River Road, north of Indian Trail. Officials tell NBC Charlotte, the aircraft was in ... See all stories on this topic »

Plane crash reports in Dillon County false alarm WPDE Dillon County deputies and firefighters searched a field off of I-95 North near mile marker 194 for aplane believed to have crashed, Saturday afternoon. Officials say several calls came into the 911 communications center that a crop duster was flying ... See all stories on this topic »

Small plane crashes in Vt, 2 aboard OK San Francisco Chronicle Airport officials say it appears the plane veered off the runway during its approach when its landing gear failed. The Burlington-based flight was a practice run for the pilot. The crash is under investigation. ___. Information from: WCAX-TV, http ... See all stories on this topic » As per more then 350 search Engines including AltaVista, Bing, Google and Yahoo Expert Team Of Aerosoft is Best Aviation SEO KPO Team in Asia   Best Aviation Managers in Asia: Best HR Manager in Asia : Er Reema Chordiya [ BE (CS) MBA (HR)]  reemac@aerosoftorg.in Best HR Manager Manager Operations in Asia : Er Anubha Barod [ B.E. MBA [ E Comm] anubha.barod@aerosoftseo.com Best Manager Marketing in Asia  : Ankita Mishra [ B Sc (CS) MBA (Mktg)] AnkitaM@aerosoftorg.in Best Aviation Software Engineer Cum Aviation Blogger in Asia: Ruchika Mandore [ BCA ]

The Cloud Business Case: Are Expected Cost Savings Realistic ?

According to Claranet Product Director Martin Saunders, cloud computing is not a cheaper alternative to on-premise server. However, cloud computing services do make up for that disadvantage. According to Saunders, cloud computing isn’t about purchasing hardware and infrastructure only. Usually, companies and individuals only compare the cost of on-premise server to the cost of cloud server. In the minds of these entities, an on-premise server will depreciate itself in 3 years while the cloud computing server will be treated as a continuous expenditure. The costs of electricity, labor, and staff training as well as personnel requirement are often left out of the picture.

According to Microsoft Chief Technology Officer for Cloud Services Ron Fraser, oftentimes the cloud is marketed as a cost-saving device and that the Chief Information Officer is tasked to map out a cloud computing strategy. However, cloud services providers are now talking to Chief Financial Officers and Chief Marketing Officers. From the internal perspective, cloud computing is about portfolio application management, risk assessments, and probable cost savings. On the other hand, the external perspective deals about the cloud computing economics. According to Fraser, there is a basic and important move to equalize entry to the economies of scale which means that a small-scale business can have the same access to cloud computing as the global and diversified companies at the same price.

Cloud computing costs are now the subject of scrutiny because the European Commission is implementing a new strategy to increase and hasten cloud computing use within member countries. According to the European Union, entities which move their operations to the clouds achieve at least 10% cost savings. The new strategy is expected to rake in as much as 160 billion in Gross Domestic Product as well as create 2.5 million fresh jobs by 2020.

On the hand, Anthony Miller of TechMarketView is skeptical about the expected growth in jobs as well as revenues because cloud computing technologies are deflationary. According to him, they anticipate a reduction in IT services and software spending in the UK until 2015 and that there won’t be much improvement up to 2019.

In the United States of America, the General Services Administration, after internal audit, can’t justify the $15 million savings it claimed the Federal Government can save when it pushed for the adoption of Google’s cloud computing services for collaboration and email. The results of the audit have been released by the agency’s inspector general. According to the audit report, the expected cost savings can’t be verified. There were also unclear or lacking performance measures and that the agency didn’t inventory its applications which had been shifted to the clouds. Therefore, the inspector general had no way of verifying whether the intended savings were really met.

According to John Foley of InformationWeek, he did bring up the issue as early as April 2010 before the General Services Administration transferred their email applications to the clouds. According to him, the evidence would be “fuzzy”. However, according to General Services, it had $2.9 million savings since it implemented its migration to Google’s clouds. The savings comprise about $1 million on support, services, and hardware and the other $1.8 million is saved on software licensing. According to Foley, the importance of project management and business planning must be stressed when organizations move to their operations to the clouds and that these entities should learn from the General Services Administration’s experience.

Red Hat Joins The Cloud Security Alliance Biztech2.com Many companies and groups are working to address security challenges in various ways. The CloudSecurity Alliance (CSA), founded in 2009, is one of the most important of such initiatives because it's arguably the organisation taking the broadest view ... See all stories on this topic »

The Cloud Business Case: Are Expected Cost Savings Realistic? CloudTimes Private Cloud The Cloud Business Case: Are Expected Cost Savings Realistic? According to Claranet Product Director Martin Saunders, cloud computing is not a cheaper alternative to on-premise server. However, cloud computing services do make up for ... See all stories on this topic »

A Cloud Computing Game-Changer CRN (blog) So with cloud computing reshaping the technology landscape, more than a few were waiting to see what Computex's next move would be. With big investments necessary to continue to grow at a rapid clip, the two Computex founders decided to make a deal ... See all stories on this topic »

Workday IPO Shares Quickly Double: Overheating of Cloud-Computing Stocks? NASDAQ Riding a resurgent wave of enthusiasm for cloud computing, Workday ( WDAY ) has quickly doubled in value since its October 12th IPO at $28 per share. Though sales of the human-resource software maker are "jacking up" (surfing jargon), management ... See all stories on this topic »

The Cloud Versus The Device The motley Fool (blog) Where the classic software model, most completely embodied by Microsoft (NASDAQ: MSFT), has persisted for decades, cloud computing is gaining acceptance rapidly. Given the clear dichotomy between these two models, we now have a framework by ... See all stories on this topic »

Cloud computing: Red tape, patchy coverage hinder GDP growth in EU Gemini (blog) Milan (ip-192.com): Insufficient and patchy high-speed broadband coverage remains a serious obstacle to full cloud adoption in the European Union (EU), SMB's and corporations complained during a recent IDC survey. Removing red tape and providing a... See all stories on this topic » Gemini (blog)

The Fast Track To ESL Cloud Opportunities In 2013 Equities.com Keynote themes include Why Cloud Computing Now?, Myth of Cloud Security Risks, How Small Business Competitors are Using the Cloud to Win, Small Business IT Issues, How to Upgrade Your Skills Portfolio, Global Cloud Opportunities: U.S. Hispanic, ... See all stories on this topic »

Roundup: News from Storage Networking World Data Center Knowledge SNIA Cloud Data Management spec earns ISO. SNIA announced that its Cloud Data Management Interface (CDMI) specification, an open standard specifically for data storage as a service as part ofcloud computing, has been designated an International ... See all stories on this topic »

Google's New Chromebook Caters to Cloud Crowd TechNewsWorld Google's newest Chromebook is less hefty, both in weight and in price, which may induce people who are on the fence to embrace the joy of cloud computing. The WiFi version can be had for $250, and a 3G model is on the way for $80 more. It comes with up ... See all stories on this topic »

Salesforce CEO Benioff: Win 8 is 'the end of Windows' Register Benioff explained that the rise of cloud computing and the bring your own device (BYOD) model means CIOs have more choices today than they did even 36 months ago, and that as a result, Windows 8 won't be considered a mandatory upgrade the way ... See all stories on this topic »

Searching for alternative investment ideas?

Many expats contactmeand ask about the availability of ‘‘alternative’’ investments. Their aimis to diversify away from traditional asset classes in equities, commodities, bonds, exchangetraded funds and mutual funds.

There are a number of reasons why investors seek out alternative opportunities. Some prefer to own physical property, either individually or as part of a group; others like the fact that they have a physical asset of some sort. Many also like the idea that whatever happens to global equity markets, their specific holding will be unaffected, giving them true diversification.

Alternative investments are usually (but not always) non-correlated, which means that they have no direct relation to equity, commodity, bond or property markets. Let's consider some ideas that could be suitable for diversification of your nest egg.

FIXED RETURNS: Some investments offer fixed returns to investors over specific periods of time. These are usually financial funds that have a niche in their market. Initial investment amounts are relatively low and returns are above average. While there is higher risk than for a bank deposit, the returns are very good when compared to bank rates.

Invested into a fund, the returns are established at the outset so you know what to expect at maturity. Periods are also set at one to five years locked in, and as the fixed period lengthens, the rate becomes more attractive. Returns are available in most major currencies _ the table (top, right) offers some examples.

A limited number of fixed two-year funds are also available. These require a much higher financial commitment (A$500,000 or 15.9 million baht) but pay an even higher fixed annual return, as the table to the right shows.

STUDENT ACCOMMODATION: This asset class is a well known favourite among many investors. Known for steady returns, this is an asset related to property. However, it is specialist in that it invests in university accommodation units in popular tertiary education towns and cities across the UK. This is not property held for capital appreciation but rather an income-producing asset.

These units are now singly available to individual investors. You purchase the property or a number of property units and own an asset that will offer you capital appreciation. However, the main object is to primarily own an income-producing asset.

The units are let to university students and the income gives returns between 8% and 10% per year net of all costs. Further advantages are that the investment is hands-off as far as management is concerned. The developers or the universities themselves manage the properties, find the student tenants, collect the rents, maintain the properties, deal with building management and return you the net rental after costs.

This is a very good long-term income producing asset. Purchase prices vary from around 45,000 to 60,000 (2.22 to 2.96 million baht) and there is no financing available. Thus outright purchase is the only way to own these units at present.

SELF-STORAGE: This is another property-related idea with assets based in the UK. Self-storage has taken off in the last few years and there are a number of complexes with a variety of units of varying sizes. These are once again for sale and you purchase your own mixture of units on a leasehold basis. They vary from 2.3 square metres at 3,750, to 18.6 sq m at 30,000.

Once you own the units they are let through a management company, making this once again a hands-off investment as far as management is concerned. Returns will vary but average 8% to 12% per year, increasing the longer you own them.

Units can be resold back to the management company after six years at the same price at which you purchased them, making this similar to a bank deposit. However, you may also sell your units privately at any time on the open market.

As with student accommodation, why would you wish to sell these assets when they are producing valuable income for your future? As part of your succession plan, these units and student accommodation units can be left to any beneficiary you so desire.

LEGAL LITIGATION FUNDING: These investments have emerged from the legal systems in more than one country, based mainly on legal cases pitting David against Goliath, so to speak. Smaller organisations often have limited resources to fight genuine legal cases against giant organisations, which can drag out litigation for years. This means that smaller firms often either give up or simply do not bother.

A legal litigation fund is a financier of the legal costs of such cases. The fund assesses the viability of the case and, if positive, then agrees to provide financing to the plaintiff. In turn this loan is to be insured by the borrower, usually through Lloyds of London, the most respected insurance organisation in the world.

If the case is lost the insurance pays the loan back to the fund, making the capital of the fund protected. If the case is won then the loan is repaid plus a share of the damages awarded by the court.

Because the cases are assessed carefully there are usually more wins than losses and the funds make profits, allowing them to offer high fixed or variable returns, depending on the fund structure. In one example there is a minimum guaranteed return of 15% per year plus a bonus based on the cases won at maturity of the investment after a fixed period of three years.

This type of alternative holding is for the investor who wishes to make very good returns in the shorter term and redeem capital after three years. Thus this is more of a growth investment than student accommodation and self-storage, which are designed to offer steady income returns over longer periods.

Alternative investments certainly have a place in any overall financial life plan. For many they are already in use via the master investment vehicle already in place for you as an expat. If this is not the case, have a word with your financial adviser to find out why. Alternatively, why not have a financial health check with another adviser to see if you are getting value for money?

Next week we will look at further alternative investment ideas.

Which MF works for you: Refer to PN Vijay's guidebook Moneycontrol.com Investors worry too much about returns but risks are also important. CNBC-TV18's special show Informed Investor gets PN Vijay, Portfolio Manager of askpnvijay.com to guide which type of mutual fund suits a young investor who has just started his earnings. See all stories on this topic » Moneycontrol.com

How to use systematic plans Hindu Business Line Bhavana Acharya. Share · Comment · print ·. T+ · T- · Tweet. Read any investment advice in mutual funds and a casual SIP, SWP or an STP pops up. These are tools for investing in mutual funds that help you phase-out your purchases and earn better return. See all stories on this topic »

Goldman Sachs bails on BRIC funds MarketWatch But that doesn't seem to have helped its effort to peddle mutual funds targeting these stocks. On Thursday, the company which coined the term “BRIC” as an acronym for “Brazil, Russia, India and China,” filed with the Securities and Exchange Commission ... See all stories on this topic »

'Big Joe' Clark: The real reason you should be upset about your mutual funds The Herald Bulletin The Labor Department has been trying to squeeze out the excessive fees charged by mutual fundsand increase transparency so consumers better understand how their money works. The new regulations have turned a spotlight onto the mutual fund industry, ... See all stories on this topic »

Fiscal Cliff 2013: Looking Beyond the Election About - News & Issues Perhaps the greatest impact on mutual funds and capital markets in general is that the fear of the fiscal cliff can create uncertainty and influence investors to sell stocks and thus push the market down: The fear of the cliff can be worse for ... See all stories on this topic »

Searching for alternative investment ideas? | Bangkok Post: business Bangkok Post Their aimis to diversify away from traditional asset classes in equities, commodities, bonds, exchangetraded funds and mutual funds. There are a number of reasons why investors seek out alternative opportunities. Some prefer to own physical property ... See all stories on this topic »

Jill on Money: Debt, Annuities, Portfolio for Wimps CBS News With $60,000 in outstanding student loans at 6.5 percent, should they use mutual funds and equity from a rental property to pay them off? John in TX has recently paid off his home and is now seeking strategies to pay down some credit card debt. Phil in ... See all stories on this topic »

In China, Bet on Consumers Barron's As economy bottoms out, the alluring investments include Baidu, Tencent Holdings, Tsingtao Brewery, and mutual funds and ETFs with large domestic-demand holdings. Article; Comments. Email; Print; Reprints ... See all stories on this topic »