Jetstar losing loyalty battle  as on-time reliability slumps

first_imgAustralia’s biggest low-cost carrier Jetstar has lost its long-held mantle as the most reliable budget carrier to its smaller rival, Tigerair. As the Qantas subsidiary used to do to Tigerair regularly, Jetstar has been trounced in the latest month’s on-time performance figures for June 2016.And it’s no one-off result. Jetstar now lags the field by a considerable margin in who is likely to get you to your destination on time, even though Australia, with its relatively benign year-round weather, leads the world for airline punctuality.In June, just 73.4 per cent of Jetstar’s flights arrived on time and even fewer, 70.9 per cent, departed on time, which is defined as less than 15 minutes after the scheduled time.It’s the airline’s worst performance since December 2015, when only 68 per cent of Jetstar’s flights arrived on-time. Those are the sort of numbers that Tigerair use to rack up before it was taken over by the Virgin Australia group in October 2014.However, since the takeover, Tigerair – grounded in 2011 for safety breaches – is not only making money for the first time under new boss Rob Sharp, but is defying gravity for a budget carrier by contending with and sometimes leading the full-service carriers in punctuality.In June, 80 per cent of Tigerair flights arrived on time – nearly seven percentage points clear of Jetstar, its major rival for cheap holiday flying and no-frills interstate air travel.Overall in June, Virgin was Australia’s most reliable airline, shading Qantas 85.4 per cent to 84.8 per cent for on-time arrivals.“We don’t shy away from the fact our punctuality hasn’t been up to scratch in recent months,” a Jetstar spokesman says.“While we have had some poor months, for the first five months of the year our on-time arrivals were running at around 80 per cent.“We know it’s critically important to our customers and we’re working hard behind the scenes to improve our performance.”One of the reasons Tigerair is still so small in Australia is that it developed a poor reputation for reliability in the years before the Virgin takeover, when it was controlled by Singaporean interests.Tigerair Singapore is now part of the Singapore Airlines (SIA) group and has a new lease on life as the main feeder carrier for SIA low-cost subsidiary Scoot, which flies a fleet of Boeing 787 widebody jets, mostly around Asia and soon to Europe.Tigerair Australia has a fleet of just 17 narrowbody jets (14 A320s and three 737s used to fly longer routes to Bali from Melbourne, Adelaide and Perth), compared with Jetstar’s fleet of around 70 planes, including 11 787s.The Virgin group announced earlier this month that Tigerair would transition to an all-737 fleet as part of strategy of simplifying its fleet. Virgin has around 80 737s in Australia and no A320s apart from those operated by Tigerair.last_img read more

10 months agoSolskjaer on hefty bonuses at Man Utd

first_imgSolskjaer on hefty bonuses at Man Utdby Paul Vegas10 months agoSend to a friendShare the loveManchester United caretaker manager Ole Gunnar Solskjaer is on hefty bonuses if he can lead the team to success.Solskjaer is on-loan at United from Molde.And the Mirror says according to sources in Norway, Solskjaer will be in the money if he delivers silverware or qualifies for Europe.He is earning £1m, but qualification for either the Champions League or Europa League will net him a seven-figure bonus, while winning a cup will earn a £1m payday.However, should he become the next permanent boss at Old Trafford Molde are set to benefit to the tune of £8m in a managerial transfer fee. About the authorPaul VegasShare the loveHave your saylast_img

10 months agoEmery approves Arsenal move for Dalian Yifang winger Carrasco

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Emery approves Arsenal move for Dalian Yifang winger Carrascoby Paul Vegas10 months agoSend to a friendShare the loveArsenal boss Unai Emery has approved a move for Dalian Yifang winger Yannick Carrasco.The Belgian winger, formally of Atletico Madrid, has been heavily linked with the Gunners over the past few weeks.The 25-year-old has been playing in the Chinese Super League since 2015, but could now be set for a sensational return to Europe.Foot Mercato says Emery is a big fan of the winger and has given his permission for Arsenal to launch a bid for the Belgium ace.However, Arsenal will have their work cut out as Dalian Yifang are unwilling to part with the man who has scored seven goals in 26 appearances this season. last_img read more

a month agoMan Utd defender Axel Tuanzebe wants more Cup action

first_imgAbout the authorPaul VegasShare the loveHave your say Man Utd defender Axel Tuanzebe wants more Cup actionby Paul Vegasa month agoSend to a friendShare the loveManchester United defender Axel Tuanzebe hopes to keep his place for the next round of the Carabao Cup.Tuazebe captained United to their shootout win over Rochdale this week.United travel to Chelsea for the fourth round next month in an all-Premier League blockbuster. “These are the kind of games you want to be playing,” said Tuanzebe. “People dismiss the Carabao Cup and say it is a nothing kind of trophy. But you respect the teams who are in it and you respect the competition. Chelsea will be a big game and we want to win it and march on.” last_img

8 days agoMan Utd teenager Williams signs new contract

first_imgAbout the authorFreddie TaylorShare the loveHave your say Man Utd teenager Williams signs new contractby Freddie Taylor8 days agoSend to a friendShare the loveManchester United have tied down Brandon Williams to a new contract.The promising teenager was impressive on debut in the Europa League draw with AZ Alkmaar last month.The new deal will keep him at United until June 2022, with the option to extend for a further year.Speaking after the AZ result, manager Ole Gunnar Solskjaer was full of praise for the young fullback.”You won’t see a better full debut from a full back anywhere,” the Red Devils coach said.”The boy is just going to improve and improve. He’s got the right mentality. I’m very pleased for him.” last_img

Seaspan Eyes USD 250 Mn Debt from Fairfax

first_imgzoom Containership manager and owner Seaspan Corporation is looking to secure up to USD 250 million of investment from Fairfax Financial Holdings Limited.In late December 2017, the company entered into a letter of intent pursuant to which Fairfax Financial Holdings Limited, through certain subsidiaries, will make the investment in exchange for the issuance of 5.5% interest bearing unsecured debentures and Class A Common Share purchase warrants.Seaspan informed that it intends to use the proceeds from this USD 250 million investment to fund future growth initiatives, debt repayment and for general corporate purposes.Fairfax has agreed to subscribe on a private placement basis, and subject to certain conditions, for debentures in a maximum aggregate amount of USD 250 million.The debentures, which will be unsecured obligations, will mature in seven years and will be guaranteed by certain of Seaspan’s subsidiaries. The company will have the right to redeem the debentures at face value plus all accrued but unpaid interest thereon at any time after the fifth anniversary of issuance.Seaspan has also agreed to issue 38,461,539 warrants, each exercisable into one class A common share in the capital of Seaspan and exercisable at USD 6.50 per share. Each warrant will be exercisable within seven years.“The investment by Fairfax will strengthen and simplify our balance sheet, while increasing our financial flexibility to take advantage of compelling opportunities,” David Sokol, Chairman of Seaspan Corporation, said.Fairfax will have the right to nominate two independent directors to the board of directors of Seaspan for so long as at least 50% of the debentures remain outstanding. Fairfax will have the right to nominate one independent director to the board of directors of Seaspan if less than 50%, but more than 20%, of the debentures remain outstanding.Furthermore, Seaspan has entered into an exclusivity agreement with Fairfax pursuant to which it has agreed that it will not solicit interest from any other party in relation to any potential capital raising or financial transaction involving debt or equity of Seaspan until January 19, 2018.Closing of the transaction is subject to the settlement of mutually agreeable definitive documentation, and other customary closing conditions.last_img read more

BC premier denies crisis says one investment doesnt make an economy

first_imgKinder Morgan announced Sunday it was stopping all non-essential spending on the Trans Mountain pipeline expansion project, saying opposition from the B.C. government puts the project at risk. It has set a deadline of May 31 for talks with various stakeholders to reach an agreement that could allow the project to proceed.“All of a sudden when the shareholders in Texas issue a press release there’s a constitutional crisis,” Horgan said.The government announced in February that it will ask the court to decided if it has the right to protect its environment by restricting diluted bitumen in the Trans Mountain pipeline. The decisions to refer the matter to the courts prompted Alberta to suspend a ban on wine imports from B.C.“What we’re talking about here is the province of B.C. going to court to assert our jurisdiction and protect the interests of British Columbians,” Horgan told the legislature. “We said in an election campaign a year ago this is what we would do.”He said B.C. is in court to defend its coast and its interests from a project that will triple bitumen shipments from Alberta to Burnaby and increase tanker traffic seven-fold in B.C. waters.Horgan said he spoke with Prime Minister Justin Trudeau and Alberta Premier Rachel Notley on Sunday and told both leaders to build more oil refineries instead of pipelines. VICTORIA, B.C. — British Columbia Premier John Horgan showed no signs Monday of backing down on the battle over the Kinder Morgan pipeline, rejecting widespread claims his government’s challenge of the $7.4 billion project is hurting the economy and tearing apart the country.His tone ran from calm to exasperated during a 30-minute question period in the legislature where the Opposition Liberals accused his government of hurting investor confidence, ignoring the rule of law and picking an unwinnable fight with Alberta and the federal government.“One investment project does not an economy make,” said Horgan, adding B.C. has the lowest jobless rate in Canada and a solid credit rating. “The premier stands alone in his opinions,” he told the legislature. “Is this burgeoning fiasco his definition of success?”Wilkinson urged Horgan to meet with the prime minister to resolve the dispute and ensure certainty for the federally-approved project.Greg D’Avignon, president of the B.C. Business Council, said the government’s decision to prolong the process threatens the credibility of the country’s regulatory and project approval systems.British Columbia’s Chamber of Commerce said the implications of the decision by Kinder Morgan are “seismic,” and if this project can’t be built it will show the world that government approvals count for nothing.Opposition to the pipeline has ramped up in recent weeks, with several dozen people arrested near the Burnaby marine terminal in the last month.Trudeau said last week in Victoria the pipeline will be built.By Dirk MeissnerTHE CANADIAN PRESScenter_img “That would be leadership,” he said.Notley said Monday she told Horgan in a telephone call that B.C.’s opposition to the pipeline threatens the rule of law in Canada and she made it clear her province will retaliate.Notley said she will introduce legislation this week to give Alberta the power to reduce oil flows to B.C., which could send gas prices in the province soaring.Opposition Liberal Leader Andrew Wilkinson said Horgan’s reckless pipeline battle ignores the law, creates uncertainty and tears at the fabric of the nation.last_img read more

BJP will win this Lok Sabha election on proincumbency sentiment Ashish Sood

first_imgIn an exclusive interview with Abhinay Lakshman of the Millennium Post, BJP’s South Delhi Lok Sabha in-charge Ashish Sood said that the saffron party will win this election on a pro-incumbency sentiment that runs deep within the country. Excerpts: How is this year’s campaign going to be different from the one BJP ran in 2014? You see, last time we did not have the achievements of Narendra Modi. So, as a result, this time around we have a huge base of beneficiaries who have reaped the advantages of various government schemes introduced in the last five years. This sentiment is very strong among people, so this will be our poll plank for MPs and party activists. We now have a class of voters to whom we need not showcase what we will do. They are already satisfied with our government’s work. Also Read – After eight years, businessman arrested for kidnap & murderDo you really believe there is no anti-incumbency sentiment running through the country? Look, the pro-incumbency runs deep this time around. And the reason anti-incumbency has been a feature in every other election is there used to be an opposition that was after the blood of the incumbent government on a list of corruption issues. This time, with this government, you don’t have that in hand. The opposition only has fake issues. Five years down the line, what they are charging us with is: this is a dictatorial government. They are presenting themselves as saviours of democracy. If we have not done the work in the last five years, then the opposition must come out with the issues instead of misleading voters. Also Read – Two brothers held for snatchingsWill your campaign then only focus on the work your government has done? In Delhi, what our MPs have done, what the Central Government has done, and it could have done will be showcased. As a result, it will also be important to show the inability of the incumbent Delhi government to deliver on what they promised their electorate. For example, we could have and we wanted to give Ayushman Bharat to the poor of Delhi. It was denied. These will be the issues. The Delhi government made promises they knew they couldn’t keep, and hence they are now raising issues such as the demand for full statehood in the Capital. BJP had also made demands on statehood. What do you think made the party switch its stand? We have not switched our stand on it. Look the statehood issue was addressed in 1991 when Delhi became a National Capital Territory and a resolution was adopted. No doubt we were asking for more powers for the state but parties always can change their stand. And moreover, no one else except the present AAP govt is responsible for harming the cause for full statehood when they tried to stop Republic Day celebrations. Do you believe that any parliament will grant full statehood if these kinds of scenarios are created? You see, we still want more powers to be granted to the state government. In terms of grievance redressal of people, the multiplicity of governance should be changed. But more importantly, some kind of uniformity in the system of governance is required. The basic idea is to solve governance issues created by the complicated system in Delhi and not fixate on wanting autonomy. What are the challenges in campaigning this time? The biggest thing we would want to implement is door-to-door campaigning (like mera parivaar, bhajpa parivaar). And reaching out to more of the electorate who at the time of anti-corruption agitation of Anna Hazare had stood by Kejriwal. More and more of those households have to be reached so that the present AAP government is exposed. As South Delhi in-charge, what are your plans for the campaign in the constituency? There is only one plan. The plan is to reach out to the beneficiaries, reach out to workers and make sure they vote at the earliest on the voting day. See, what we are going with in this election will be to highlight the failure of AAP to deliver even after getting 67 seats in the assembly. The only points will be about the 500 schools, the CCTV cameras, and the jobs that were promised. We won’t let them go scot-free for their failures on these issues. Do you think the proposed alliance may affect the way you run your campaign? You see, we are not worried about that. Regardless of whether it actually happens or not, it won’t change the fact that the opposition has failed to deliver. And even if it does come through, it just goes to show the hypocrisy of opposition members. A gentleman who had once vowed to fight corruption in Sheila Dikshit’s government is now ready to ally with her. BJP govt in the Centre and we in Delhi are wanting to contest the election on the achievements of our central government. Is AAP contesting on their achievements of the last four and half years? All they have to show for themselves is their failures and then they go as far as blaming it on the absence of full statehood.last_img read more

JKs relation with India will end if terms and conditions of its

first_imgSrinagar: PDP president Mehbooba Mufti said on Wednesday that the relation of Jammu and Kashmir with India will end if the terms and conditions of the state’s accession to the Union were changed.”2020 will also be a deadline from Jammu and Kashmir to the nation. If you remove those terms and conditions on which Jammu and Kashmir acceded to India, our relation with the country will also end,” Mehbooba told reporters after filing her nomination papers from the Anantnag Lok Sabha constituency. The former chief minister was responding to BJP president Amit Shah’s assertion that Article 35A, which guarantees special status to Jammu and Kashmir in terms of residency rights, will be repealed by 2020. On the Congress manifesto, Mehboba said it was word by word same as the Agenda of Alliance agreed upon between her father Mufti Mohammad Sayeed and the BJP at the time of government formation in Jammu and Kashmir in 2015. “Congress manifesto is same as what Mufti Mohammad Sayeed kept in Agenda of Alliance with BJP…status quo on Article 370, revocation of AFSPA, holding dialogue and reducing army footprint from civilian areas. It is word by word the same thing,” she asserted.last_img read more

Maruti Celerio annual sales crosses 1 lakh

first_imgNew Delhi: Maruti Suzuki India (MSI) Friday said its compact car Celerio sold 1,03,734 units in 2018-19, joining the club of company’s models with sales of more than one lakh units in a year. The model has cumulatively sold 4.7 lakh units since its launch in 2014, MSI said in a statement. The sales of the model grew by 10 per cent in 2018-19, it added. Celerio was “the first car to democratise the two-pedal (auto gear shift) technology and the recent upgrade in its safety features has significantly enhanced its appeal as the perfect city car”, MSI Senior Executive Director – Marketing and Sales R S Kalsi said. Celerio’s 1-litre petrol engine delivers a fuel efficiency of 23.1 km/ltr for both Auto Gear Shift (AGS) and the manual transmission variants. The factory-fitted CNG Celerio offers a fuel-efficiency of 31.76 km/kg, MSI said.last_img read more