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Saturday, 8 December 2012

Triple-dip alert: Recession fears as figures show industrial output has fallen ...

Triple-dip alert: Recession fears as figures show industrial output has fallen ...
Daily Mail
Britain is on the brink of a triple-dip recession, experts warn as latest figures reveal industrial output has now fallen to its lowest level in 20 years. In a week when chancellor George Osborne put yet another squeeze on the hard working middle ...
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Daily Mail
Are we halfway back from the Great Recession? Not really.
Christian Science Monitor
Early on in this historically weak recovery, many Americans realized that measuring real job gains required making a vital distinction. Government hiring and firing needed to be viewed separately from employment changes in the private sector. Skip to ...
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Christian Science Monitor
Bundesbank warns of danger of recession
Irish Times
Germany's economy may be skidding towards recession, the Bundesbank has warned, after it cut its 2013 growth forecast from 1.6 per cent to almost 0.4 per cent. Europe's largest economy will grow just 0.7 per cent this year, the central bank forecast ...
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Fears triple-dip recession looming
Financial Times
At the end of a week in which George Osborne was forced to confront a downgrade in the growth prospects in his Autumn Statement, fresh data have raised fears that Britain is heading for a triple-diprecession and that his assessment of the economy ...
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Recession Means More Household Sharing
Hartford Courant
More than a third of Connecticut residents from 25 to 34 were living with a parent, other relatives or roommates in 2011, a dramatic increase through the recession and an elusive recovery. The proportion of that age group that moved in with others ...
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John Lindt: Visalia revenue out of recession's long shadow
Visalia Times-Delta
“To put into context the severity of the recession, consider that in the past 30 years, sales tax has not had a major decline until 2008.” But in the past several years “this decline is dramatic and severe. Economic activity dropped, unemployment went ...
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The Great Recession, Five Years Later
NPR
This December is the fifth anniversary of the start of the Great Recession, which officially ran from December 2007 to June 2009. Weekend Edition Saturday host Scott Simon marks the occasion with financial journalist Michael Lewis to discuss how bad it ...
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'We have prevented this recession from being even worse'
Royal Gazette
The recession could have been worse had it not been for Government action on the economy, according to the Progressive Labour Party. Speaking at yesterdays' Alaska Hall press conference to highlight PLP platform initiatives and achievements, Economy ...
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Southwest Airlines, two other carriers seek slots at Washington National

US Air makes merger offer, AMR pilots OK labor deal
Economic Times
NEW YORK: US Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could value the combined airline at around $8.5 billion, two people familiar with the matter said on Friday. Details of the ...
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Airlines asked to submit data on CAT-III trained pilots
Times of India
DGCA chief Arun Mishra said that airlines had been asked to ensure that CAT-III pilots, trained to fly in visibility as low as 50m, should be rostered on all flights operating to and from fog affected cities during low visibility days. Met had ...
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Argentine soccer star Messi is Turkish Airlines' global brand ambassador
Indiantelevision.com
MUMBAI: International soccer star Leo Messi was named Global Brand Ambassador for TurkishAirlines after signing the agreement in September 2012. The FC Barcelona forward joins the ranks of Los Angeles Lakers star Kobe Bryant and professional ...
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Mihin Lanka lands in Madurai
The Hindu
Rohana Perera, Head of Commercial, Mihin Lanka, said that its code-sharing services with SriLankan Airlines would help passengers of Madurai to get connecting flights to various global destinations with very less waiting time at the Colombo airport. He ...
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The Hindu
Southwest Airlines, two other carriers seek slots at Washington National
Dallas Morning News
Southwest Airlines Co. will battle two other airlines for the rights to two operating slots at Reagan Washington National Airport that will allow the winner to fly a nonstop round trip out of the airport. Dallas-based Southwest has applied for the ...
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LATAM Airlines Group reports preliminary monthly statistics for November 2012
Reuters
Santiago, Chile, December 7, 2012- LATAM Airlines Group S.A. and its subsidiaries, ("LATAMAirlines Group" or "the Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leadingairline group in Latin America, today reported its preliminary monthly ...
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Hightower: Airline's fee-for-all is another bid to squeeze more money from you
LubbockOnline.com
American Airlines has a new family deal for you. If you and the kids are headed off to grandma's house, Disney World or wherever, American will make an effort to seat you next to each other. Well, that's not exactly new or special, since most airlines ...
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MAS urged to try new ticketing system
The Star Online
TONY Tyler hopes players like Malaysia Airlines (MAS) will come forward to volunteer to be party for a trial for the new distribution capability (NDC) that the International Air Transport Association (IATA) is creating to revolutionise the way people ...
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Airline passenger advocates say some proposals ignored

C lass teaches aviation history
The Register-Guard
The elective aviation history class takes students from Leonardo Da Vinci's flight machine drawings to the Wright brothers' first flight, and through more than 100 years of aviation's advances up to the space program. “It supplements all other history ...
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Chinese Group Said in Talks to Buy AIG's Aircraft-Lease Unit
San Francisco Chronicle
The group, which includes China Aviation Industry Fund and Industrial & Commercial Bank of China Ltd., is bidding for International Lease Finance Corp. together with ILFC's management, the people said, asking not to be identified because the talks are ...
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Aviation Museum honors donor to Phase 2 expansion
Dothan Eagle
Seldon Bailey Friday for his contribution to Phase 2 of the museum's expansion, which is expected to include a 200x200 addition full of Army aviation's technology from its inception. According to retired Col. Dave Swank, the Museum Foundation's ...
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Hardy Aviation in Northern Territory grounds its flights
The Australian
The Civil Aviation Safety Authority (CASA) wrote to Hardy late yesterday about problems it identified in the past week and suggested a number of things that needed to be done. CASA's Peter Gibson told the NT News it all started a bit over a week ago ...
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Aviation shares grounded on reports of delay in FDI
Business Standard
There are fears of delay in foreign direct investment (FDI) in aviation sector after the government on Wednesday, 7 December 2011 decided not to proceed with the decision to allow 51% FDI in multi-brand retail and 100% in the single-brand retail for ...
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Airline passenger advocates say some proposals ignored
USA TODAY
"The recommendations that our group and others made weren't even rejected; they were just ignored," says Paul Hudson, executive director of the Aviation Consumer Action Project. Hudson argues that the panel — the Advisory Committee for Aviation ...
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Pearl Harbor veterans are heroes for a day
Pensacola News Journal
William Braddock, left, gets an autograph from Pearl Harbor Veterans Frank Emond, right, following the World War II Remembrance at the National Naval Aviation Museum Friday morning Dec. 7, 2012. Braddock in the son of Pearl Harbor veteran Bill ...
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Southern State Offers Aviation Degree
Fayette Advocate
Does a career in aviation sound like the perfect path for you? Through a new partnership agreement, Southern State Community College and Great Oaks Career Campuses will collaboratively offer an FAA-certified associate's degree in Engineering:Aviation ...
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Fayette Advocate
Local aviation sector turnover reaches $17 bln
Hurriyet Daily News
The turnover of the Turkish aviation sector recently reached nearly $17 billion, up from $2.5 billion in 2003, General Directorate of State Airports Authority (DHMI) Director General Orhan Birdal has said. “The number of airline passengers was 33 ...
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Franklin India Flexicap Fund - INVEST

Fund Talk - Avoid investing in too many funds
Hindu Business Line
I currently hold around Rs 30 lakh in FDs and have recently invested in Quantum Long Term Equity (D) mutual fund — a lumpsum investment of Rs 2 lakh. I already own an apartment and hence don't need to invest in home-buying. Please tell me whether I ...
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ICICI Pru Tax Plan - INVEST
Hindu Business Line
Those who wish to invest in mutual funds for saving tax under Sec 80C can buy units of ICICI Pru Tax Plan (ICICI Tax). The fund has a solid track record in delivering steady returns. Over one, three and five-year timeframes, it has consistently beaten ...
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Hindu Business Line
Franklin India Flexicap Fund - INVEST
Hindu Business Line
In a one-year time-frame, though, the fund has only barely squeezed past its benchmark. In the year gone by, mid-cap and small-cap stocks soared, while large-cap stocks had a more sedate run. The fund's 70 per cent-plus exposure to large-caps in this ...
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Hindu Business Line
Matching multi-caps
Hindu Business Line
Around 30 of the 36 ELSS funds which have more than a year's track-record outperformed the BSE Sensex; but only 21 funds beat the broader market BSE 500. Even as the funds rallied by close to 20 per cent in the past one year, the three-year average ...
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Friday, 7 December 2012

Twin-Engine plane crashed justnorth of the Sioux Falls Airport, The crash killed Dr. Daniel Swets, Kevin Anderson, JoshuaLambrecht and their Pilot, Capt Brian Blake.




This weekend marks the first anniversary of an event that shocked South Dakota.

On December 9, 2011, a twin-engine plane crashed just north of the Sioux Falls airport, killing its four members on board.

The crash killed Dr. Daniel Swets, Kevin Anderson, Joshua Lambrecht and their pilot, Brian Blake.

One year later, their legacies are living in in South  Dakota's youth.

It was that sound that brought many of us back to childhood,Legos.. But for three grown men, Daniel Swets, Kevin Anderson and Joshua Lambrecht,  Legos were still a part of their lives, before the passed away.

Robyn Swets lost her husband Dan in that plane crash, lastyear. As she explains, it was 2007 when she and Dan became active in the First  Lego League hoping to capture young minds across the state.

"We would sit in our living room and talk (First LegoLeague), it was always about FLL. I'm so glad to be keeping it going.  It brings me closer to him, still,"Robyn Swets said.

So much of her new SD Robotics Association center, in SiouxFalls, reminds her of her husband. She's glad to be taking over his role in thestate.

"It kind of would remind me of old times, remind me of howthings were going. I can ask him for help, think about what would Dan do? He didn'talways have the answers but he had a lot," Swets said.

New to the Lego League this year, Mark Gierach, who joinedwith his 9 year old son as a coach.

"Just watching my son and the whole team evolve and as theygrow together, that's really the reward," Mark Gierach said. "The way the (FirstLego League) is designed, you have to allow the children to solve the problemson their own. You want to help them but in reality, the help is helping themhelp themselves."

And for Robyn Swets, it's about the kids, while keeping herhusband's memory alive.

"To see what they believe in so much is turning into thisexciting success and spreading it across the state, it's wonderful. I hope itcontinues," Swets said.

The South Dakota FIRST Lego League has more than 80 teams atvarious schools across the state and still growing each year.
Preliminary NTSB report on East Texas plane crash
KSLA-TV
The National Transportation and Safety Board has issued their preliminary findings in the crash that killed pilot Tom Steeper. He was on his way from Houston to Oklahoma on November 26, when theplane crashed in southern Cherokee County. Below is the ...
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South African military plane crashes into mountain, killing 11
WireUpdate
LADYSMITH, SOUTH AFRICA (BNO NEWS) -- Search-and-rescue workers in South Africa on Thursday recovered the remains of eleven service members at the site of a military plane crash in a mountain range near the border with Lesotho, the country's ...
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Prelim report on Wells plane crash: Witnesses saw 'a fireball descending ...
KLTV
A preliminary report on the fatal plane crash that occurred near Wells on Nov. 26 has been issued by the National Transportation Safety Board. Among other things, the report stated that witnesses told NTSB investigators that they heard a loud explosion ...
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NTSB releases preliminary reports on two plane crashes
Jacksonville Daily Progress
JACKSONVILLE — The National Transportation Safety Board has issued a preliminary reports on two recent plane crashes in Cherokee County. The reports, published Wednesday, provide basic facts about the crashes, but no conclusions will be released ...
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9th Circuit Doubts Plane Crash Case Belongs in US
Courthouse News Service
(CN) - The 9th Circuit appears to continue to doubt lawsuits stemming from a 2008 plane crash in Spain that killed 154 people should be litigated in the U.S., rather than in Spanish courts. During a hearing this week to consider the defendant's request ...
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Good News: Plane crash inspires man to donate turkeys
Florida Times-Union
Casey Jones said he had a life-altering experience after he slipped off the icy wing of a submerged U.S. Airways plane and was rescued from the Hudson River. Later when he looked in a hotel bathroom mirror, the St. Johns County resident said in a news ...
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Continuing a Lego legacy, one year after fatal plane crash
KSFY
On December 9, 2011, a twin-engine plane crashed justnorth of the Sioux Falls airport, killing its four members on board. The crash killed Dr. Daniel Swets, Kevin Anderson, JoshuaLambrecht and their pilot, Brian Blake. One year later, their legacies ...
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Fire killed Vernon plane-crash victims, says TSB investigator
The Province
A Piper twin-engine plane crashed July 7 into an unoccupied sports field and caught fire, killing the 59-year-old pilot, James Langley of Kelowna, and his 55-year-old passenger, Karim Makalai of Port Moody. The victims had no major injuries from the ...
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Visitation held for couples killed in plane crash
WLWT.com
... in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add wlwttv's video to your playlist. Sign in. Published on Dec 6, 2012. People came to pay their respects to the two couples who were killed in a plane crash last ...
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Kingfisher Airlines Ltd CMD Dr Vijay Mallya met with the Director General of Civil Aviation Mr Arun Mishra




 Kingfisher Airlines Ltd promoter Vijay Mallya met the aviation regulator on Friday and assured it that the airline plans to submit a revival plan before the end of the month and was in talks with investors, and airport operators and oil companies to which it owes money.
Mallya’s meeting with director general of civil aviation Arun Mishra follows a meeting with aviation secretary K.N. Srivastava two weeks ago.


“We will have to study the revival plan once they submit it, then we will examine and take a final view,” Mishra said, adding the regulator will audit the airline before allowing it to fly.
The directorate general of civil aviation (DGCA) suspended the airline’s licence in October on grounds that it could not provide safe and reliable flights to consumers, after labour unrest and financial troubles.
“It’s a long process,” Mishra said, referring to pilot and plane checks that will be needed before the airline’s suspended licence is reinstated.
A person familiar with the matter said Mallya would try to announce the name of an investor before the 31 December deadline for the expiry of the suspended licence. The person didn’t want to be named.
Lenders led by State Bank of India want Mallya to infuse capital into the airline only after which will they put in their own money. The lenders were expected to hold a key meeting with Kingfisher on 8 December but the meeting has now been postponed to 17 December, the eve of Mallya’s birthday.
Kingfisher Airlines has not paid bankers since January.




Ajit Singh asks state-CMs to reduce aviation fuel taxes
Moneycontrol.com
Fri, Dec 07, 2012 at 13:09. Ajit Singh asks state-CMs to reduce aviation fuel taxes. In an attempt to bring down operating cost of airlines, civil aviation minister Ajit Singh on Friday asked chief ministers of states to reduce taxes on aviation fuel ...
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Moneycontrol.com
Chinese Group Said in Talks to Buy AIG's Aircraft-Leasing Unit
Bloomberg
The group, which includes China Aviation Industry Fund and Industrial & Commercial Bank of China Ltd., is bidding for International Lease Finance Corp. together with ILFC's management, the people said, asking not to be identified because the talks are ...
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MIAL asked not to charge increased penal parking fee
Economic Times
MIAL asked not to charge increased penal parking fee. NEW DELHI: Aviation tribunal has asked the Mumbai airport operator MIAL not to charge increased penal parking charges from private jets till the sectoral regulator AERA takes a final call on the issue.
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Economic Times
The Kingfisher Airlines promoter will try to announce the name of an investor ...
Livemint
New Delhi: Kingfisher Airlines Ltd promoter Vijay Mallya met the aviation regulator on Friday and assured it that the airline plans to submit a revival plan before the end of the month and was in talks with investors, and airport operators and oil ...
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Livemint
TEXT-S&P affirms LM US Member LLC (Landmark Aviation) 'B-' rating
Reuters
Dec 7 - Overview -- Landmark Aviation plans to acquire First Aviation Services using the proceeds from additional bank debt and an equity contribution from its sponsor. -- We are affirming our ratings, including the issue and recovery ratings on the ...
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President calls for strengthening country's aviation, maritime sectors
Ceylon Daily News
The President was speaking at the centenary celebration of the civil aviation sector of the country, at Temple Trees yesterday. The cancellation of four new postage stamps also took pace to mark this occasion and the first day cover was presented to ...
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Flights carrying passengers without surveillance: report
Hindustan Times
Several flights ferrying thousands of passengers in the country operate without the aviationregulator's surveillance, according to the report submitted by a government independent air safety committee. The report by the Civil Aviation Safety Advisory ...
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Aviation spreads its wings to a new globalmarket
Irish Independent
Once a luxury reserved for the well-to-do, air travel is now as cheap as chips. Its impact has been vast, on both economies and societies. And an even bigger chunk of the world's population – from China to India and Africa – is poised to be counted ...
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MTN Pilots Cloud Computing Services In 6 Different Markets





 MTN Business, a subsidiary of the MTN network, has launched a pilot project for its cloud bouquet of services that will provide a single point of contact for SMEs in Africa. MTN Cloud is targeted at SMEs in Africa to help reduce the cost of doing business by offering ICT solutions.

MTN’s Executive for enterprise business ‚Farhad Khan‚ said the pilot project would be carried out in six of MTN’s Africa market – Cameroon‚ Cote d’Ivoire‚ Ghana‚ Nigeria‚ Uganda and South Africa.

The new cloud service – a Cloud Service Brokerage model centralises access to services‚ where a third party‚ in this case MTN‚ acts as the single point of contact for customers.  MTN is the first mobile network operator in Africa to adopt the Cloud Service Brokerage model.

Cloud computing refers to the use of internet to provide delivery of technology services including software and data over the Internet either from a remote location, mainly through data centres, or at the client’s premises. Among other things, the Cloud Service Brokerage model helps to ease administrative burden for companies so instead of dealing with multiple service providers‚ they deal with one.

Speaking on the newly introduced  service, Khan said, ”A particular challenge facing small and medium-sized businesses in Africa is the high cost of information technology software and hardware.This includes the licence fees. What MTN Cloud services seeks to do is enable SMEs to minimise these costs‚ and at the same time improve productivity and efficiency.”

Khan explained that the overarching objective of MTN Cloud services was to provide customers in the selected markets with “peace of mind‚ as well as affordable business management tools at reasonable price.”

“We want our enterprise customers to focus on running their businesses knowing that their data is kept safely and securely‚” he said.

MTN Business has however, identified a number of small and medium enterprises (SMEs) in these markets to test its cloud services and product. The trial period of the cloud services starts on Thursday with selected customers and will end by the end of January next year (2013).

Participating Companies will gain access to a variety of MTN Cloud services which  include Office Desktop, an e-mail and collaborative software, Mozypro, a back-up service for the effective management of files and servers, and Dialcom, an on-demand video conferencing offering.  MTN will also provide McAfee (a popular anti-virus and anti-spam security software) and Averiware catering for companies’ HR, accounting, finance and sales force automation needs, and Microsoft SharePoint, a staff and cross functional collaborative tool including Microsoft Dynamics CRM, a customer relations management tool.

Users will be able to pay for MTN’s cloud offering using their airtime or MTN Mobile Money. Payment for the services will be in the local currency of the different markets.

MTN’s introduction of cloud computing service into the market is part of its move to provide a wide range of information and communications technology services in addition to its mobile services that it is providing in the continent.



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




MTN Pilots Cloud Computing Services In 6 African Markets
Ventures Africa
VENTURES AFRICA - MTN Business, a subsidiary of the MTN network, has launched a pilot project for its cloud bouquet of services that will provide a single point of contact for SMEs in Africa. MTN Cloud is targeted at SMEs in Africa to help reduce the ...
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Ventures Africa
Gartner: Growth in cloud computing to shape 2013 security trends
Network World
Network World - It's the time when predictions for the new year run high, and when it comes to IT security, Gartner analysts are predicting that 2013 is going to be about expansion of cloud computing and the struggle by the enterprise to achieve ...
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IBM Launches Cloud Docs; Eyes Google, Microsoft
InformationWeek
10 Cloud Computing Pioneers. (click image for larger view and for slideshow). IBM is looking to challenge Google and Microsoft with a new online software suite that includes apps similar to those found in its rivals' well-known cloud offerings. IBM ...
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Dublin cloud computing firm snapped up for 'several million'
Irish Independent
DUBLIN-based cloud computing business Fort Technologies has been sold to an American firm in a deal thought to be worth several million euro. Engenera, a US firm focused on business management, has taken over Fort, which will become its European ...
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Taxation of Cloud Computing Varies Among States, NYU SALT Panelists Say
Bloomberg BNA
States continue to take a checkerboard approach in determining whether sales tax applies to cloud computing, according to a panel of experts at New York University's 31st Institute on State and Local Taxation, and only recently have buyers, more so ...
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TELUS Ramping Up Cloud Computing Services with Quebec Data Centre
Digital Home
TELUS has launched a new $65 million data centre in Rimouski, Quebec to add cloud computing services and boost managed Web hosting solutions for Canadian businesses. A additional $13 million in IT and Web hosting infrastructure in Quebec is...
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Digital Home
Cloud ERP is the next big thing in the cloud
CloudTech
The Cloud ERP (enterprise resource planning) landscape is expanding, and competition is heating up. Back in July 2012, Web-based business software provider NetSuite's Q2 revenue and earnings numbers were the first indicators of a growing trend in the ...
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IT Executives Get Ready To Win With Cloud Computing
Business 2 Community
Beyond cost reduction, demonstrating the true value of cloud computing has its challenges. In a newly released business-agility survey, corporate decision makers linked cloud computing directly to business agility. It shows that the hype around cloud ...
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