KD-Avia faces problems
Thursday, 03 September 2009 08:34
Author: Peter van Stelle
According to the Itar-Tass press agency KD-Avia has notified the Federal Air Transportation Agency that it may stop its operations due to debt. The airline ceased selling tickets from September 1 according to the commercial director of KD Avia. The airlines total debt apparently has already exceeded 10 Milion Rubles. Although that looks huge, it is "only" about 220,000 Euros, but then again, if this problem is not solved quickly the end of the airline is near.
KD Avia already faced financial problems in October 2008. In April, Georgy Boos, the governor of the Kaliningrad Region, said the airline would receive 4 billion rubles (8.7 Million Euros) from the federal government through a capital boost. However, the company still has not received the funds. According to a source familiar with the airline’s situation, Bank Saint Petersburg and the regional government, the airline’s shareholders, failed to agree on the scheme for the airline’s additional share offering.
Hopefully the airline will survive this financial burden and can continue to operate....
Paris Charles de Gaulle photo gallery online Wednesday, 02 September 2009 12:23
Author: Peter van Stelle
The photo gallery of Paris Charles de Gaulle Airport is now online. See the trips-and-visits galleries...
Sky Europe files for bankrupcy Wednesday, 02 September 2009 10:10
Author: Peter van Stelle
On September 1st, low-cost carrier Sky Europe filed for bankrupcy. All SkyEurope flights have been suspended with immediate effect and a number of airlines are offering special offers to passengers stranded. What puzzles me is that people still booked flights the last few weeks even though it was well-known that the airlines had big financial problems. In fact, the airline was never profitable in the seven years of its existance. And it is not the only carrier in that respect. It is assumable that more carriers will go bust in the upcoming months. But as usual in the airline industry, new airlines will start. And although the worlds economy is facing rough times, it might just be the right time to do just that: low fuel prices, low aircraft (leasing) prices and even lower wages are probably the basis of “the new ones”. Hopefully they will do better than "the old ones".... The Nikon price game Wednesday, 02 September 2009 10:01
Author: Peter van Stelle
On July 30th Nikon announced the introduction of a series of new (well, upgrades actually) DSLR cameras as well as some new lenses. In the DSLR range these include an upgrade of the D300 branded as the D300S. Where lenses are concerned they upgraded some popular ones like the 18-200mm f/3.5-5.6G and the 70-200mm f/2.8G with the new VR II technology. So far this is only good news. But as you would expect prices just above the old ones, Nikon decided to give them price tags (in Europe) which are well above that. Apart from that, price differences between Europe and the USA are enormous. Examples: D300S body: EUR 1949 (In the USA: USD 1800 which is about EUR 1281) Question arises what the heck is Nikon after? Do they think people in Europe have more money? I don’t know, but I do know that 1. The price-difference between the old models and the new is way to big and 2. Nobody with a bit of brains is going to pay that amount of money for those products, unless you’ve got loads of money and don’t care. My advise: try to get the old models now as they will have great price-tags on them now or wait until prices of the new models have dropped considerably. Bad Nikon, bad.... |
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