Spurs regard Real Madrid bigger pull for Pochettino than Man Utdby Paul Vegas10 months agoSend to a friendShare the loveTottenham see Real Madrid as a bigger threat to keeping hold of manager Mauricio Pochettino ahead of Manchester United.The Irish Independent says United have made Pochettino their No 1 target to succeed Jose Mourinho as the next permanent manager.The Old Trafford club are prepared to pay a world-record compensation fee to tempt Spurs to release Pochettino, and are hopeful they can convince him to take on the biggest job in English football.But sources close to the north London club claim Tottenham believe Real are a bigger threat to their hopes of keeping Pochettino if the La Liga giants choose to make another managerial change at the end of the season.While there is a recognition that United would be an attractive proposition, Tottenham insiders feel Pochettino would be torn over quitting to immediately join another English club. TagsTransfersAbout the authorPaul VegasShare the loveHave your say
A passenger/RoRo cargo ship caught fire while docked at the Greek port of Elefsis in the evening hours of July 14, according to local maritime authority.The RoPax ferry Evgenia P reportedly burst into flames while docked at the ”Kronos” area of the port.Hellenic Coast Guard dispatched a patrol boat, and local Fire Service sent three firefighting tugs to the scene.The fire was completely put out after several hours, according to the Coast Guard. The Elefsis Harbour Organisation placed a preventive anti-pollution floating barrier around the 1944-built Evgenia P.The fire had reportedly started in the aft area of the ship, and then spread to the bridge and the accommodation areas.There have been no reported injuries or pollution so far.World Maritime News Staff
In his June 2015 Report, released today, June 17, Auditor General Michael Pickup said that aquaculture monitoring needs improvement. He also said that the Department of Health and Wellness does not know if prevention and treatment work is reducing gambling-related harms. He found that while government procurement generally followed legislation and policy, work is needed to make sure items are properly approved. As well, he found that six departments and agencies have made significant progress in implementing his office’s previous recommendations. Mr. Pickup identified concerns with aquaculture monitoring. He noted the Department of Fisheries and Aquaculture has limited ability to make operators follow environmental monitoring requirements. “The department can cancel licences but needs other options for minor offences,” said Mr. Pickup. “Additionally, information systems do not support effective management of aquaculture in Nova Scotia because the systems do not contain complete information.” The auditor general found that the department followed its policies in issuing aquaculture licences, leases and renewals but needs more written documentation to guide staff. While the department is providing fish health monitoring services and responding to emergencies, it may not always be aware of disease outbreaks or if these are properly managed. The relocation of most of the Aquaculture Division and resulting loss of staff likely contributed to a backlog and delay in processing aquaculture renewal applications. The department also stopped processing new applications while it waited for significant regulatory changes. An audit of the prevention and treatment of problem gambling found the Department of Health and Wellness does not know if prevention and treatment work is reducing the number of Nova Scotians experiencing gambling-related harms. “Many Nova Scotians who need help with problems related to their gambling do not reach out to provincial services. Health and Wellness needs to figure out why this is and focus on getting more of those people to look for help.” The audit also looked at responsible gambling. It found that while the Nova Scotia Provincial Lotteries and Casino Corporation has a number of programs to promote responsible gambling, improvements are needed in evaluating those programs to make sure they reach enough people. Additionally, agreements between the province and First Nations bands do not always include responsible gambling requirements and there are no processes to make sure gambling on reserves is in compliance with provincial laws. Another audit looked at procurement of professional services in six departments and found opportunities for improvement. “Procurement requirements were generally followed but departments need to do more to make sure purchases are properly approved,” Mr. Pickup said. The report notes that government completes limited monitoring to verify that the procurement act and policy are followed. While contracts were monitored to make sure government received the services it paid for, in some cases, contracts were signed after work started and in some situations, there were no contracts. Important contract terms related to penalty clauses and dispute resolution were also missing. For the second time in the past year, the auditor general found that government departments may not be following Canada Revenue Agency requirements when they hire contractors. “Government needs to look at the risk of not following the agency rules across departments and take appropriate action to correct any issues identified.” In his followup of recommendations the office made in 2011 and 2012, the auditor general found that six departments and agencies are doing a better job of implementing recommendations from his office. “While the 57 per cent overall implementation rate is only a slight improvement from last year’s 50 per cent rate, it is encouraging to see the improvement to 70 per cent or more in these six organizations,” Mr. Pickup said. “However, some entities had very low rates of less than 50 per cent and should look to those organizations with higher implementation rates for ways to more quickly deal with issues they know exist.” The 82-page report contains 25 recommendations to government. The full report is available at www.oag-ns.ca .
Actor and UNICEF supporter Michael Sheen has been visiting Chad to see how money raised during last year’s Soccer Aid match is making an impact on child hunger.Michael Sheen sings and plays with children next to a rural health centre in Chad supported by UNICEFCredit/Copyright: UNICEF/2013/Chad/Jordi MatasThe celebrity football game raised nearly £5m for UNICEF’s work for children, thanks to all donations from the UK public being matched pound for pound by the UK Government.In Chad, recent drought and food shortages mean children are suffering from hunger and malnutrition.The money raised through Soccer Aid and matched by the UK Government is helping UNICEF strengthen health systems in the country so more children can be screened for malnutrition and be reached with life-saving care. Children are also receiving vaccinations against killer diseases, and mosquito nets to stop them getting deadly malaria while they’re sleeping.Aid from countries like the UK can make the difference between life and death for a malnourished child. Find out about UNICEF’s 2013 campaign against child hunger here.Source:UNICEF UK
By Sanae ElouaziRabat- A bottle of vodka claimed to be the most expensive in the world was reportedly found empty on a construction site, after being stolen earlier this week from a bar in the Danish capital of Copenhagen, local Police confirmed on Twitter.The owner of the Cafe 33 bar, Brian Ingberg, told Denmark’s Ekstra Bladet that the bottle is worth USD 1.3 million and appeared on the US television series “House of Cards,” where the Russian president gifts the bottle to US President Frank Underwood. “The expensive vodka bottle that was stolen in Vesterbro [central Copenhagen neighbourhood, ed.] in the early hours of Tuesday has been found,” the police’s tweet read.“The bottle is now in police custody, and appears to be intact and will be examined,” said a second tweet.Created by the Russian luxury car maker Russo-Baltique, the bottle is made of gold and silver and has a diamond-studded cap.“I had loaned [the bottle] from the Dartz Factory in Russia, which is known for making the world’s most expensive cars and vodka. It has been part of my collection for six months,” the owner said. “Unfortunately, it’s empty. It is one of the employees working on the construction site that has found it.”“I feel fantastic. The vodka god saved us,” he added.Since the bottle was found unbroken, Ingberg said that he is planning to refill it again and put it back on display.A CCTV footage of the robbery featured what appeared to be a masked young man entering the bar and looking around the storage before taking the high-value bottle. “They apparently had a key or copied a key, and they rolled up the shutters and unlocked the door, then gone into the bar and broken down the door to the vodka museum in the basement. They then left with only one bottle, even though there are 1,200 bottles they could have taken,” Ingberg told the media outlet TV2.
“We consider the re-election of the Director-General today a confirmation of our appreciation of his innovativeness and dedication to the noble work of this organization,” Vice-Chairperson of the ILO Governing Body, Ambassador Eui-Yong Chung, said in endorsing the re-election.Mr. Somavia, a Chilean and the first representative of the Southern Hemisphere to head ILO, received a second five-year mandate from the Governing Body. He will formally begin his next term in March 2004, during which he pledged to work towards decent work for all.”Work is central to people’s lives and people everywhere are asking for solutions. We are responding to that call,” Mr. Somavia said, calling the vote an endorsement of the ILO’s ongoing efforts to deliver dignity to workers and decency to work. “Because we have voiced the concerns of people, the ILO is relevant, visible and in demand.”Over the past four years, the ILO launched the Decent Work Agenda aimed at promoting workers’ rights, employment and enterprise creation and social protection. In addition, the agency established a top-level panel to promote international dialogue on ways to make globalization more inclusive and fair.
TORONTO – Shares of Research In Motion (TSX:RIM) climbed more than 10 per cent today in heavy volume trading.The jump comes a day after the BlackBerry maker announced a crucial step towards releasing its new devices.The Waterloo, Ont.-based company’s stock gained 80 cents or 10.15 per cent to $8.68 in trading of 6.7 million shares.The jump in the company’s stock added to a 3.7 per cent rise on Wednesday when the company said its new BlackBerry smartphones are being tested by 50 phone carriers around the world.The testing process will ensure the devices are compatible with their systems.President and CEO Thorsten Heins called the move a “key step” for the BlackBerry phones and BlackBerry 10 operating system.RIM aims to have the new devices on store shelves in the first quarter of 2013. by The Canadian Press Posted Nov 1, 2012 4:24 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Research In Motion shares rise 10 per cent as BlackBerrys move closer to release
Due to the extreme heat that has hit Niagara in recent days, Brock’s main campus cooling systems are operating at maximum capacity.Given the sustained high temperatures, the campus demand has exceeded the cooling capacity.Normally the system recovers overnight, but due to nightly temperatures well over 20°C, the central plant cannot sufficiently ‘catch up.’ As a result, a continual rise in interior temperatures is being experienced.Many areas across campus can expect higher than normal (23°C) indoor temperatures. Facilities Management trades, staff and contractors are monitoring the systems 24-7 and responding to and repairing the various systems as best they can to help alleviate higher temperatures.Please use window shades and blinds where equipped and limit use of any heat generating equipment and lighting.If your area is experiencing extreme or ongoing temperature issues, contact Facilities Management at email@example.com or x3717.
Facebook Twitter: @NeosKosmos Instagram Measures designed to ease the pressure on over-indebted households, included in article 49 of the labour ministry’s draft omnibus bill, were withdrawn by Labour Minister Yiorgos Koutroumanis, after discussion on the bill had begun in parliament. The labour minister said that the decision to withdraw the measures was taken because consultation with the European Central Bank was continuing and that they would be re-tabled as an amendment once the ECB report on the issue was released some time next week.The specific article introduces a series of measures to ease pressure on households with an excess debt burden, such as an extension for debt settlement, more favourable interest rates and a freeze on a debtor’s main residence, as well as a ban on seizing sums less than 1,500 euro from regular bank accounts, or 2,000 euro from joint accounts.It also introduces changes to the regime for out-of-court debt settlements and made the measures for households open to entrepreneurs that had one-person businesses and do not have the right to file for bankruptcy under the code for businesses. Source: Athens news
I got my first taste of Shadow of the Tomb Raider back during this year’s Tribeca Games festival. At the event, we were shown an extended demo that showcased the story and gameplay. At the time, I desperately wanted to play it. I am a massive fan of Tomb Raider, after all. Thankfully, I got my wish during E3 when I checked out the game in the NVIDIA meeting room. Spoiler warning: I really liked what I experienced.This demo ran on a PC with a GeForce 1080Ti graphics card. I played Rise of the Tomb Raider on my own PC which has a GTX 1080 card. I thought that was mind-blowing, but Shadow of the Tomb Raider running on a 1080Ti completely destroys it. The game looks absolutely stunning. The only drawback with the demo is that I had to play with a mouse and keyboard. I’ve only ever played Tomb Raider (and 99.9% of all games) with a controller. Despite that, I managed to complete the entire 20-minute long demo; even if it wasn’t as elegantly as I would have liked.Most of the playable parts of the demo took place within a labyrinthine cave. This meant I had to flex my platforming skills in order to progress. Even though I didn’t need to do so for the demo, I made sure to pick up items found on the ground and read all of the inscriptions on the walls. Basically, doing Tomb Raider-y things. The highlight of this section was going underwater where I had to watch out for falling rocks and giant eels. As a person who is afraid of being underwater (don’t judge me!), this was intense stuff! Despite my inexperience with mouse and keyboard, I found the controls smooth and precise.The demo ends with a massive firefight against a group of Trinity soldiers. Under normal circumstances, I would have no problems with a combat scenario like this. However, with a mouse and keyboard, it was exponentially more challenging. Thankfully, it’s now possible to end encounters by hiding from foes for long enough. I took my time and silently killed all of my enemies, shooting only when I absolutely had to. I knew the game places a bigger emphasis on stealth combat, but it was nice to experience this first hand.Going into further detail about stealth, I love how Lara can now better use the environment to hide and attack. I can see why this game takes place in a jungle. It opens up stealth in new and creative ways. Like before, Lara can conceal herself within bushes and massive leaves on the ground. She can also hide inside of plants which cover the sides of buildings. I didn’t experience this in the demo, but Lara can also cover herself in mud to make herself invisible to foes. Basically, you can live out your fantasy of being Arnold Schwarzenegger from Predator. Lara can also instill fear in foes similar to the way Batman does in the Arkham series. This is a Lara Croft you do not want to mess with.Story-wise, I didn’t see anything that wasn’t already shown during the Tribeca Games festival demo. As the developers have stated, this installment focuses more on Lara’s journey of finally becoming the “Tomb Raider.” Things won’t go smoothly, and we’ll see our hero possibly doing some decidedly unheroic things along the way. Is Lara Croft truly the “good guy” in this tale? The fact the game is even raising that type of question shows Eidos’ willingness to push boundaries with the character. If this demo is anything to go by, our hero is going to get tested in many ways.I’m a big fan of the current iteration of Tomb Raider so this demo has only gotten me more hyped than I already was. In 20 minutes, it showed me everything I wanted to see. Namely, story, combat, stealth, platforming, and puzzles. I didn’t get to face off against any land animals like panthers, but I suppose I can wait to play the full game to experience that. I’m sure there are even more gameplay surprises awaiting gamers, as well as narrative twists and turns. I can’t wait to see what Square-Enix and Eidos Interactive have in store for us.The only question I have now is: should I upgrade my graphics card to experience Shadow of the Tomb Raider in all of its eye-bleedingly awesome glory? I have until now and September 14 to make that decision, I suppose. If not, I can always play the game on Xbox One or PS4. I’m sure the Xbox One X and PS4 Pro versions of the game will look stunning as well. Whatever platform you play on, do yourself a favor and check out Shadow of the Tomb Raider.Let us know what you like about Geek by taking our survey. Stay on target Simon Belmont, King K. Rool, and Dead Luigi Join Smash Bros. UltimateAn Interview with Jump Force Producer Koji Nakajima
What to watch for in the heavens above The coming year will bring the usual array of annual meteor showers, but it isn’t predicted to yield any notable meteor outbursts or especially bright comets for skywatchers. There will be a few treats in 2019 worth gazing up for, however. Things kick off with the super blood wolf moon January 20, which occurs every few years or so, including last January. A few rare celestial events to mark on your calendars include Mercury’s transit across the sun on Nov. 11. There’s also another total solar eclipse like the one that wowed millions in the US in August 2017, though this one, on July 2, will only be visible in parts of South America and the South Pacific. Sci-Tech Virgin space plane skims the edge of space Now playing: Watch this: More mission milestones As the new year begins, plenty of missions are already underway and several will reach their targets over the next 12 months. The action began in the first hours of 2019, as NASA’s New Horizons flew by super-distant object Ultima Thule in the Kuiper Belt. A few other spacecraft will get even closer to space rocks in 2019. Both Japan’s Hayabusa-2 and NASA’s Osiris-Rex will spend part of the year making preparations to swipe samples of the asteroids Ryugu and Bennu, respectively. Hayabusa-2 is scheduled to collect its sample this year, while Osiris-Rex will wait until 2020. 1:47 Comment Finally, we’ll receive a close pass from a particularly weird asteroid named 1999 KW4 making its once-every-18-years visit through our neighborhood on May 25. This potentially hazardous asteroid is a big one, perhaps as wide as a small town, with a diameter of up to 3 kilometers (1.9 miles). It’s also a binary system, meaning it’s orbited by a smaller asteroid moon. No need to worry, though. Although it’s classified as potentially hazardous due mainly to its size, it will sail by us at a very safe distance of over 5 million kilometers (3.1 million miles). So the world should make it all the way to 2020, when even more big space missions are on tap, including possibly the world’s first artificial meteor shower. Say whaaa? Stay tuned and heads up! First published Jan. 1 at 2:58 p.m. PT. Update Jan. 2 at 1:30 p.m. PT: Added the super blood wolf moon coming in late January. Update Jan. 4 at 9:25 a.m. PT: Added that China’s Chang’e-4 spacecraft has landed on the moon. Tags 21 Photos Elsewhere in the solar system, NASA’s Juno spacecraft is scheduled to make seven more close passes by Jupiter in 2019, hopefully leading to a better understanding of the mysterious, massive planet. On the much smaller and redder world next door, the recently landed Mars Insight probe will get to work drilling into the Martian surface to explore the planet’s interior and listen for “Marsquakes.” Perhaps the biggest daredevil maneuvers in the entire solar system will be performed by the Parker Solar Probe, also launched in 2018, which will again approach the sun in April and September, extracting valuable data from the star’s outer atmosphere. Then in December it will use a Venus gravity assist to get even faster, breaking its own records and sliding closer to the sun than ever before. There aren’t as many big-ticket scientific probes and telescopes set to launch in 2019 as there were in 2018. One worth tracking, however, is Europe’s Characterizing Exoplanets Satellite (Cheops), which is meant to provide a better look at exoplanets around distant stars. It could launch as soon as November. NASA will explore a hostile space rock for New Year’s Share your voice 2018 Perseid meteor shower sizzles across the sky Solar eclipse 2017: Here’s what people saw What will NASA InSight find on Mars? (The 3:59, Ep. 494) 5:16 14 Photos NASA turns 60: The space agency has taken humanity farther than anyone else, and it has plans to go further. Star Trek at 50: For 50 years, the Star Trek franchise has made history with its vision of the future. Astrobotic designed a lunar lander capable of delivering a payload to the moon’s surface. Astrobotic Much of the major space news from 2018 seemed to involve either big, new rockets or robotic spacecraft traveling to faraway places. But 2019 appears to be focused on a single celestial body: our moon. For sky watchers, a “super blood wolf moon” (a combination of a total lunar eclipse and the moon at its closest point to Earth) will put on a show in late January. A lot of space organizations have big plans for our sole natural satellite. The new year had barely started, in fact, when China’s space agency landed its Chang’e-4 spacecraft and the rover it carries on the far side of the moon. The lander will explore the area near the south pole on the side of the moon that always faces away from Earth. Lunar traffic will likely pick up with a planned lander/rover mission by India’s space agency that could launch as soon as Jan. 30. A few weeks later, a SpaceX Falcon 9 is scheduled to send the first Israeli lunar lander on its way. This Israeli spacecraft is expected to land on the moon in early 2019. Eliran Avital The latter is the product of private company SpaceIL, which was the sole Israeli team to compete in the Google Lunar XPrize. Although the competition ended without any winners making it to the moon, SpaceIL and at least three other finalists — Berlin’s PTScientists, India’s Team Indus and Florida-based Moon Express — are all aiming to land on the moon at some point in 2019. Moon Express and a fifth XPrize finalist, Astrobotic, have also been chosen to work with NASA to send new science experiments to the surface of the moon. At a press conference in November, the space agency said the first commercial lunar payloads from the program could fly in 2019. They’ll likely demonstrate technology needed to develop future lunar landers and missions. It might not be a total coincidence that so many programs are aiming for the moon in 2019. This July will mark the 50th anniversary of the first Apollo landing on the moon and Neil Armstrong’s historic steps on the surface. NASA has been planning a celebration for some time now and there will be different events happening at locations across the US. If everything goes according to schedule, there may be more lunar action to celebrate in 2019. China may be able to launch its Chang’e-5 mission by the end of the year. The follow-up to Chang’e-4 would collect samples from the surface and bring them back to Earth, marking the first time that’s happened in decades. Even more launches Of course, not every space mission will be heading to the moon in 2019. Numerous launches of satellites and missions to the International Space Station are planned. Right now at least a few of them are set to take advantage of the massive SpaceX Falcon Heavy, which we haven’t seen in action since its spectacular, if somewhat silly, demonstration launch of a Tesla last February. SpaceX CEO Elon Musk has also promised that we’ll see the first short test flights or “hops” of his “Starship,” meant to eventually carry people to the moon, Mars and beyond. This will likely come after the demonstration of another important SpaceX product — the Crew Dragon spaceship that will carry astronauts to the ISS from American soil for the first time in several years. Crew Dragon’s unmanned test launch will be followed later in the year by the debut of Boeing’s new Starliner, which will also ferry crew to the ISS in the future. Enlarge ImageNASA assigned nine astronauts to crew the first test flight and mission of both Boeing’s CST-100 Starliner and SpaceX’s Crew Dragon. NASA Another notable launch now set for February will be the Russian Soyuz rocket carrying the first 10 OneWeb satellites, which are designed to provide broadband internet service from low Earth orbit. Musk and SpaceX have promised to launch a competing service in the coming years with a constellation of up to nearly 12,000 small satellites. Musk’s fellow billionaire space enthusiasts are looking to keep busy in the next year as well. Richard Branson’s Virgin Orbit could move closer to its own satellite launch service, while Virgin Galactic may send its first paying customers (and Branson himself) into space for sightseeing missions. Also expect to see more from Jeff Bezos-owned Blue Origin, which will partner with NASA to send science payloads on a trip to space early in 2019. It will also compete with Musk and Branson for future payloads, human and otherwise. 1 Now playing: Watch this: Now playing: Watch this: 4:35 Target Blue Origin Elon Musk Jeff Bezos Boeing NASA Space Richard Branson SpaceX Virgin Galactic
X 00:00 /01:32 Ed MayberryLars Gert Lose is the Ambassador of Denmark to the United StatesLars Lose was appointed to his post just over a year ago, after having served as foreign policy adviser for the Danish prime minister. A typical day for the ambassador revolves around promoting trade opportunities with Denmark, as well as working with Washington on fighting terrorism and dealing with conflicts around the world.“I think the idea of an ambassador making, you know, secret deals in dark corners, smoke-filled dark corners of the room — those days are gone,” Lose said. “What we do today is we do a lot of commercial work. I think about 60 percent of my time is helping Danish businesses getting established in the, in the U.S.”But the job also centers on diplomatic work on security and foreign policy, “talking to people in the State Department and the White House — coordinating,” Lose said. “Denmark is a very transatlantic country, together with the UK, probably the most transatlantic country in Europe. We are firmly anchored in NATO and cooperate with the U.S. whenever we can.” Lose was in Houston to talk to the Houston Branch of the Federal Reserve Bank of Dallas about trade opportunities between Texas and Denmark. There’s a significant presence of Danish businesses here.“We actually have 655 Danish companies in the U.S., creating more than 62,000 jobs in the U.S.I think it’s pretty for a small country like Denmark, and Houston is the cornerstone in all that. Ten percent of the Danish companies have a presence here, so it’s really important to Denmark. We create jobs for more than 5,000 people in Texas.”Denmark is one of 92 countries with consulates here in Houston. Listen To embed this piece of audio in your site, please use this code: Share
Unless we’re talking about $1,000 iPhones, you can’t really count on Apple to update its products with the same frequency as it once used to. But this isn’t necessarily a bad thing. If these machines are supposed to be so useful and wonderful then yeah they should totally last for more than twelve months without being rendered obsolete. And when an aging device does get an update, like the iPad Air and iPad Mini, it can be even more exciting because you weren’t expecting it.And we definitely weren’t expecting this. After four years, Apple just dropped a surprise new revision of the iPod Touch.Historically the “iPhone without the phone,” the iPod Touch lets users enjoy the form-factor of an iPhone along with the apps and functionality of iOS without having to tether yourself to a carrier’s data plan. This became slightly less of an issue as unlocked phones became the norm, but the iPod Touch still served a niche of parents who didn’t want to get their kids a phone just yet. I enjoyed an iPod Touch for years before getting an iPhone.And now that flagship iPhones like the XS Max are so expensive, the iPod Touch lets you dip into that ecosystem without breaking the bank. The new iPod Touch, starting at $199, just brings you closer to that experience. It has the A10 Fusion processor of the iPhone 7 for improved overall performance and specific perks like group FaceTime and augmented reality support in games like Angry Birds, Pokemon Go, and the upcoming Minecraft: Earth. Other specs include an 8MP rear camera and potential 40-hour battery life.But as someone who thinks phones are just too big, I appreciate the new iPhone Touch as a new Apple product that retains a manageable 4-inch screen. Makes me wonder where the next-gen iPhone SE is and worry about whether or not it keeps the headphone jack.These new iPod Touch models are available now in a variety of colors (Space Gray, Gold, Silver, Pink, Blue, and Red) and storage configurations (32GB, 128GB, 256GB). For more on Apple check out the AirPods 2 and learn more details on Apple’s upcoming slate of services. Apple Brings Contactless Student IDs to More UniversitiesCelebrate World Emoji Day With Diverse New Characters Stay on target
Share Tags: Profit Report, Statistics, WestJet Wednesday, December 5, 2018 By: The Canadian Press TORONTO — WestJet Airlines Ltd. aims to lift its profits over the next four years, predicting earnings growth of 40% on a per share basis between 2019 and 2022 after a turbulent year.Soaring fuel costs, labour unrest and steep competition at home and abroad caused Canada’s second-largest airline to incur its first loss in 13 years during the second quarter, followed by a steep year-over-year drop in the third quarter – which nonetheless bounced back into the black.Revenues and efficiency were “nowhere near” the airline’s potential, chief executive Ed Sims said at a WestJet investor conference in Toronto Tuesday.Strong demand, more branded fares and higher ancillary fees will boost its revenue per available seat mile to between two per cent and four per cent in 2019, Sims said.Branded fares bundle various perks – such as pre-reserved seats and baggage checks – at a higher total price.Earlier this year, the airline launched transatlantic service on the first three of an expected 10 Boeing 787 Dreamliner aircraft in a bid for business passengers that challenges Air Canada’s transatlantic dominance.A crowded domestic market resulted in “over-supply” and weaker revenue per available seat mile – a key industry metric that divides operating income by passenger carrying capacity.A freshly expanded Flair Airlines, soon-to-launch Canada Jetlines Ltd., and Air Canada’s low-cost Rouge are all crowding the budget airspace that WestJet has flown into with its four-month-old, ultra-low-cost Swoop.More news: TRAVELSAVERS welcomes Julie Virgilio to the teamThe market saturation means WestJet will “step back from profitless volume,” Sims said.The airline aims to grow passenger capacity by between 6.5 per cent and 8.5 per cent next year, mainly through three Dreamliners embarking on non-stop service from Calgary to Dublin, Paris and London’s Gatwick Airport this spring.Only a sliver of the beefed-up capacity will come from the domestic realm, where Swoop plans to expand its fleet to 10, WestJet said.The airline is battling with Air Canada on a number of fronts. Its Encore regional service goes up against Air Canada Express and its ultra-low-cost Swoop airline recently launched flights to the U.S. and the Caribbean, in competition with Air Canada’s six-year-old Rouge unit.On top of a long-range fleet that still dwarfs WestJet’s, Air Canada’s recent deal as the lead of a consortium to buy the Aeroplan reward program from Aimia Inc. represents another potential advantage Sims hopes to reduce through a travel rewards partnership with Mastercard and the Royal Bank of Canada.Sims appeared undaunted by his biggest competitor’s purchase of Aeroplan, announced Nov. 26.“I don’t have a concern,” he said in an interview Friday.“I think competition in this space is healthy. It forces both coalitions to strengthen the relationship, and I would characterize our relationship with RBC and Mastercard as every bit as strong as our competitor’s relationship with TD, CIBC and VISA.”More news: Hotel charges Bollywood star $8.50 for two bananas and the Internet has thoughts“We fully expect a number of our passengers to be carrying both cards,” he added.On Tuesday his airline broadened its codeshare agreement with Qantas Airways, giving WestJet access to the Australian carrier’s flights between Los Angeles and Sydney, Melbourne and Brisbane, along with any attendant reward miles. WestJet’s joint venture with Delta Air Lines, announced in July, opens up more of the southern U.S. and western European markets via flights to Atlanta and Barcelona. Nonetheless, luring high-flying passengers away from Air Canada without an alliance network to top it off could prove tough.WestJet remains outside the constellation of major airline alliances, comprised of Star Alliance – of which Air Canada is a member – SkyTeam and Oneworld.Next year, WestJet expects to spend about $1.1 billion on deposits and purchases related to the Dreamliners and Boeing 737 MAX narrow-body aircraft. It also plans expenditures of about $980 million in 2020 and $1.1 billion in 2021 on seven more Dreamliners.The company has signed a letter of intent to sell and lease back the first three Dreamliners, on track for delivery early next year. << Previous PostNext Post >> WestJet aims for turnaround after turbulent year
Related posts:Christmas cheer, oxcart parades, and other happenings around Costa Rica Bullfights, punk bands, and other happenings around Costa Rica Cowboys, coffee, and other happenings around Costa Rica Nativity scenes, funk music, and other happenings around Costa Rica Festival de la LuzSuppose you could combine (a) Las Vegas, (b) Santa’s village and (c) The Rose Bowl into one massive party. The result would look something like the Festival de la Luz, a nocturnal carnival of color that marches its way across the city this Saturday evening. Featuring all kinds of brightly lit floats, marching bands, and (of course) a fireworks display, the “Festival of Light” is the most bombastic way to start the Christmas celebration. This parade has been a staple of Costa Rican Decembers since 1996 – and it’s especially magical for the niños.Festival de la Luz takes place Dec. 13 in downtown San José. 6 p.m. Free. Info: Festival website.Dance: Flamenco PerformanceThe story of Spanish migration unfolds in this powerful flamenco tribute by Al Ándalus.“Con El Alma Aferrada” performs Dec. 14 at the Teatro Eugene O’Neill, Los Yoses. 4 & 7 p.m. ₡11,000 ($22). Info: Al Ándalus website. An antique bill showcases the artwork of Tomás Povedano, the Spanish painter who would become a Costa Rican hero. Courtesy RedCulturaExhibit: “Tomás Povedano and Costa Rican Cash”The Spanish artist Tomás Povedano already had a shining career before his moved to Costa Rica and designed the national currency. Catch this numismatic retrospective at the National Bank Museums.“Tomás Povedano y Los Billetes de Costa Rica” continues through Aug. 1, 2015, at the National Bank Museums, downtown San José. Openly daily, 9 a.m. – 5 p.m. ₡1,500. Info: Bank Museums website.Chicharrón FairPrepare yourself for pork rinds – and arguably the best in the country. Chicharrón is a favorite Costa Rican food that is made almost everywhere, but the town of Puriscal is especially famous for their cuts of deep-fried pork. Savor this delicacy with thousands of like-minded folks, then enjoy music, games, dancing, a horse parade, and even some good old-fashioned bullfights. Cradled in the hills west of San José, Puriscal is the perfect place to enjoy some campesino living.La Feria del Chicharron Purisceño takes place Feb. 5-14 at the Puriscal fairgrounds. Info: SiCultura.Holiday Shopping: Tropical MarketStock up on holiday gifts at this four-day arts and crafts market in the Antigua Aduana. Stock up on everything from jewelry to gourmet coffee.Mercado Tropical takes place Dec. 11-14 at Antigua Aduana, Barrio Aranjuez. Thu.-Sun., 10 a.m. – 9 p.m. Free. Info: Event Facebook page. Courtesy RedCulturaDance: “Qadim: Ancient Dances, Timeless Dances”Choreography from ancient Egypt, Syria, and Persia come alive, along with the poetry of Rumi, during this collaborative performance. Tickets sales will help fund a future performance in Switzerland.“Qadim” takes place Dec. 14 at the Aduana Theater, Barrio Aranjuez. Dance: “The Nutcracker”See Tchaikovsky’s Christmas masterpiece come alive on the National Theater’s refurbished new stage.“El Cascanueces” will be performed Dec. 5-14 at The National Theater, downtown San José. Tue.-Fri., 8 p.m.; Sat., 3 & 8 p.m.; Sun., 11 & 5 p.m. ₡16,000-32,000 ($32-64). Info: National Theater website.Theater: “A Christmas Carol”“Un Cuento de Navidad” receives its annual production at Teatro Espressivo, thanks to a stage adaptation by Paul Stebbings.“Un Cuento de Navidad” continues through Dec. 21 at Teatro Espressivo, Tres Ríos. Fri., 8 p.m.; Sat., 7 p.m.; Sun., 3 & 7 p.m. ₡7,000-10,000 ($14-20). Info: Teatro Espressivo website.Theater: “The Abominable Snowman”What do Santa Claus, a magic clock, a monstrous Yeti, and a “Labyrinth of Solitude” have in common? They are all part of “El Ogro de las Nieves,” a whimsical family comedy at Teatro Triciclo.Dec. 7 & 14 at Teatro Triciclo, Avenida Escazú. Sundays, 11 a.m. ₡4,000 ($8). Info: Teatro Triciclo website. Facebook Comments