Aircraft Financing – Civilav Med Sun, 19 Sep 2021 23:18:01 +0000 en-US hourly 1 Aircraft Financing – Civilav Med 32 32 Biden administration to deport Haitians in Del Rio, Texas Sun, 19 Sep 2021 20:34:00 +0000

This week, the United States resumed deportation flights to Haiti under the public health order. On Wednesday, immigration and customs services repatriated around 90 Haitians.

Among those deported were families with young children, according to the Haitian Bridge Alliance, a rights group, which also said they had been deported under Title 42. Many Haitian families said they were afraid and are not being deported, the official said.

ICE Air uses chartered planes which have the capacity to carry approximately 135 people. The Defense Ministry is also expected to provide planes to transfer migrants to other border crossings to reduce overcrowding in Del Rio. ICE transported migrants from Laughlin Air Force Base to Del Rio in El Paso, Tucson and San Diego for processing.

In recent months, the administration has stepped up deportation flights to Mexico, Central and South America. In August, there were 99 probable withdrawal flights compared to 46 in July and 35 in June, according to Tom Cartwright, who tracks ICE Air flights for Witness at the Border, an advocacy group.

Haitians make up a small share of border workers, around 4 percent of migrants encountered by border officials in August, eclipsed by Central Americans and Mexicans.

But their numbers have swelled in recent months. Nearly 28,000 Haitians have been intercepted by border patrol along the US-Mexico border during the current fiscal year, which ends September 30, compared to 4,395 in 2020 and 2,046 in 2019. of 28,000, less than 4,000 were transformed. under the public health rule, according to the most recent border data, which covers arrests through the end of August.

Despite the public health measure, along some stretches of the border, the United States has not deported migrant families with young children because Mexico refused to accept them. And on some days Mexicans tell border officials their shelters are at full capacity and can only accommodate a certain number of migrants.

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Rwanda pledges to support unmanned aircraft industry – KT PRESS Sat, 18 Sep 2021 14:01:59 +0000
President Paul Kagame at the 2016 Muhanga District drone launch

The Ministry of Infrastructure has pledged to support three areas that will further develop the use of unmanned aircraft systems (UAS) commonly known as drones in the public service.

The officials said Rwanda will work on the legal and regulatory framework and innovation systems, infrastructure development and capacity building in the country.

“There will be continuous improvement of the legal and regulatory framework to support innovation, without compromising aviation / public safety and security. There will be the development of the required infrastructure such as the Drones Operational Center (DOC) which will facilitate innovation, research and development, ”said Clever Gatete, Minister of Infrastructure.

“Last but not least, capacity building will be supported, which will ensure literacy and public awareness to fully engage in the benefits of UAS technology. The government of Rwanda, through the different entities, is ready to support the development and deployment of UAS technology which will promote better community, fair competition and innovation, ”added Gatete.

He noted that UAS operations are rapidly increasing in number, technical complexity and sophistication.

Gatete made the observation during the closing of the annual Unmanned Aircraft Systems (UAS) Retreat Conference September 15-17 in Kigali City.

It brought together local drone companies including Zipline, Charis and Leapr Laboratories.

He noted that the introduction of UAS in the NAS must be done gradually to ensure the safety of people and property both in the air and on the ground.

This year’s annual drone retreat aimed to bring together aviation industry stakeholders, including regulators, academia and the private sector, to discuss policies, human education, funding, manufacturing and insurance.

Drones to deliver blood

Participants included regulators – International Civil Aviation Organization (ICAO), East African Community Civil Aviation Safety and Security Oversight Agency (CASSOA), African Forum of drones, among others.

“We were able to discuss some of the challenges and strategies. We discussed how we can improve policymaking to enable the use of new technologies in Rwanda, as an industry we are supposed to make sure we have the right tools ”, said Melissa Rusanganwa, responsible for regulatory affairs in Africa.

“Being responsible for solving the problems in Rwanda is the main objective using the technologies. We will work closely with policy makers to make sure we are sustainable and deliver the right solution, ”she added.

Rusanganwa said that the establishment of regulations in Rwanda has been done in recent years with the first regulations established in 2016.

“This was a performance-based regulation in 2016, which had already supported the sustainability of drone operations in Rwanda. I think that with these discussions, there is a strong possibility of allowing changes, for us to develop the industry, ”he added.

At the same conference, the Minister of Information, Communication, Technology and Innovation (MINCT) Paula Ingabire announced that a drone academy worth Frw 6 billion will be built for solve the problem of the shortage of drone experts in the country.

“The plan is to train as many people as possible in the use of drones in several sectors including health, agriculture and others. So far there are few qualified people, not only in Rwanda but also in other countries that have been using drones for a long time, ”Ingabire said.

“We need lots of local experts who can build, repair and operate drones. These are challenges that the academy will solve, we have completed the study for its creation. We are currently looking for partners and in the near future construction will start.

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Gulf Shores Embassy Suites start date extended to June 30 Fri, 17 Sep 2021 14:40:46 +0000

The new target completion date is September 30, 2024

(OBA®) – Gulf Shores, AL – Gulf Shores is preparing to offer developers of an Embassy Suites hotel project across from Gulf Place a fifth day extension to begin the project.

“We keep giving out extensions because we don’t think of anything that would suit this property better in our vision of doing something with a full service hotel of importance over there in Gulf Shores,” said Mayor Robert Craft. “I am delighted that we are finally moving forward with a project that we have been working on for years. “

The latest start date for DD Partners has been changed to June 30, 2022, with a target completion date of September 30, 2024. The board will discuss the proposal during the September 20 working session at 4:00 p.m. at the hotel. city. Council will vote on the extension at the regular session on September 27, a few days before the last extension expires on September 30.

In 2015, the city solicited proposals from interested parties to develop a 1.93 acre city-owned parcel directly west of the Alvin’s Island Beach Store at the corner of State Route 59 and from State Route 182 or the Beach Road. In March 2016, a selection committee formed by the city recommended the Embassy Suites project.

During the design phase, the city asked developers to increase the size of the meeting space in the hotel to provide an alternate venue to host meetings in Gulf Shores. To accomplish this, the city offered a tax incentive of a 42 percent tax refund during the first three years of operation and 35 percent each subsequent year until the 6.5 million dollars to add meeting space to be reclaimed. It is still scheduled to include 11,800 square feet of meeting space, including a 7,800 square foot ballroom.

Changes to the original design during one of the expansion requests made the hotel eight floors instead of 10, increasing the rooftop pool from 23,000 square feet to 10,000 and increasing the number of rooms. from 229 to 254, according to city documents.

Economic development coordinator Blake Phelps said investors willing to take the risk of trying their luck in a new conference space during the pandemic were hard to find, but that could change. The price of the project is around $ 85 million.

“In a nutshell, they’re starting to see a positive reaction in the capital markets,” Phelps said. “Things seem to be opening up again when it comes to interest in funding projects like this. Mostly full service hotels with significant meeting space which was not the type of project anyone was interested in investing in. It’s still not a slam dunk by any stretch of the imagination. It’s still complicated but they are certainly encouraged by the conversations they have and the reactions they receive in the market. At that time last year you hadn’t even had a conversation. The answer was just a categorical no because no one knew where things were going. “

In 2018, Dr Keivan Deravi of Auburn University at Montgomery said the hotel could have an economic impact of $ 65 million and direct local tax revenue is expected to be $ 1.8 million per year. and $ 22.6 million over the first 10 years.

During the working session on September 20, the board will also discuss:

  • Ratification of a new lease between Legal Air Properties and the Airport Authority for 14,345 square feet of land in the Southwest Corporate Hangar complex for the construction of a 60 x 80 square foot aircraft storage hangar. The airport authority will receive approximately $ 4,000 per year under the lease.
  • Renewal of a lease with J&J Enterprises leases an existing medical office building currently occupied by the Symbol Clinic. The lease will expire on December 31. The city has the option to renew for one year starting Jan. 1 and if that option is exercised there will be a 3 percent increase in the monthly fee. Currently, the city pays $ 2,788 per month for the clinic that serves city employees and their dependents.
  • Municipal court dates set for 2022. The court usually meets on Mondays and Thursdays.
  • Acceptance of an offer to purchase ryegrass seeds from Coastal Inventory Supply of Robertsdale at $ 2.85 per pound. According to city documents, Gulf Shores spends more than $ 15,000 a year on rye seeds.
  • Rezoning of 1.99 acre land at Northshore Drive and Landward Street from residential to general commercial.

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Form 6-K Gol Intelligent Airlines For: Sep 30 Fri, 17 Sep 2021 11:22:32 +0000

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Washington, DC 20549




For the month of September 2021

(Commission file n ° 001-32221)


(Exact name of the declarant as specified in his charter)


(Translation of the declarant’s name in English)

Praça Comandante Linneu Gomes, Portaria 3, Prédio 24
Jd. Airport
04630-000 São Paulo, São Paulo
Federative Republic of Brazil

(Address of the principal executive offices of the declarant)

Indicate with a check mark whether the declarant is filing or will be filing
annual reports under Form 20-F or Form 40-F cover.

Form 20-F ___X___ Form 40-F ______

Indicate with a check mark if the registrant by providing the
information contained in this form also provide
information to the Commission in accordance with Rule 12g3-2 (b) under
the 1934 Stock Exchange Act.

Yes ______ No ___X___

São Paulo, September 17, 2021 – GOL Linhas Aéreas Inteligentes SA (NYSE: GOL and B3: GOLL4), (“GOL” or “Company”), the largest airline in Brazil, announces that it has finalized the terms and conditions of the refinancing by GLA Linhas Aéreas SA, an operating unit of the Company, of 1.2 billion reais, with a final maturity in 2024. The participating syndicate is made up of local banks in Brazil, and the transaction is subject to final approvals and execution of relevant documents.

The refinancing will end GOL’s liability management program and bring the company back to its lowest level of short-term debt since 2014 (around R $ 0.5 billion at the end of 3Q21). Through its liability management program, GOL used assets on its balance sheet to reduce short-term debt by R $ 2.1 billion during the 12-month period ended June 2021. In partnership with its suppliers of aircraft rental, the Company maintained its aircraft rental liability. around 45% of total debt over the same period, with a stable IFRS16 discount rate.

GOL’s short-term debt refinancing will bring the average term of its liabilities to 3.3 years, an increase of more than two years. The use of the proceeds of the refinancing includes: 592 million reais applied to the remaining balance of the 7e issuance of bonds, 528 million reais of export financing lines (Finimps) and 165 million reais of working capital credit lines.

“With this transaction, the company closed the largest balance sheet deleveraging among its peers, making it the airline with the lowest liabilities. We can now focus the vast majority of our operating cash flow on sustainable operating growth, ”said Richard Lark, Chief Financial Officer.

The transaction will also improve GOL’s credit metrics by better matching future assets and liabilities and reducing the Company’s average cost of debt. Richard Lark added, “We are optimistic that this will be a critical catalyst in restoring GOL’s credit rating to its pre-pandemic level of B / B + by the three major corporate credit rating agencies. “

The Company’s disciplined financial management throughout the pandemic strengthened its balance sheet and reduced short-term indebtedness, preserving liquidity to maintain operations. GOL has also entered into several other important initiatives to rebalance its capital structure, such as the amortization of its US $ 300 million B term loan, the issuance of US $ 500 million of senior secured notes due in 2026, a capital increase of BRL 423 million led by its shareholder and the acquisition of a minority stake in its Smiles loyalty program.

The table below shows the main sources and uses in GOL’s liability management since January 2020.

Sources of funds billion R $ Uses of funds billion R $
Senior covered bonds maturing in 2026 2.4 Term loan B 1.6
Guaranteed financing 1.3 Guaranteed financing 1.3
Restricted species 0.6 Investment financing 0.7
Aircraft sales 0.5 Funding of working capital 0.7
Increase in capital 0.5 Import financing 0.6
Deposits 0.3 Senior bonds maturing in 2022 0.4
Other sources 0.2 Cash 0.5

Investor Relations

+55 (11) 2128-4700

Media relations

Becky Nye, Montieth & Company


About GOL Linhas Aéreas Inteligentes SA

GOL is Brazil’s largest airline, a leader in the business and leisure segments. Since its creation in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transport. The Company has entered into a strategic alliance with American Airlines and Air France-KLM, in addition to providing Customers with numerous codeshare and interline agreements, bringing greater convenience and ease of connections to any what location served by these partnerships. With the goal of “being the first for everyone”, GOL offers the best travel experience for its passengers, including: largest inventory of seats and most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES. In the transport of goods, GOLLOG delivers packages to different regions of Brazil and abroad. The company has a team of 15,000 highly skilled aviation professionals focused on safety, GOL’s number one value, and operates a standardized fleet of 127 Boeing 737s. GOL’s shares are traded on the NYSE (GOL) and B3 (GOLL4). For more information, visit


The information contained in this press release has not been subject to any independent audit or review and contains “forward-looking” statements, estimates and projections that relate to future events, which are, by their nature, subject to significant risks and uncertainties. All statements other than statements of historical fact contained in this press release, including, without limitation, those concerning GOL’s future financial condition and operating results, strategy, plans, objectives, goals and targets, future developments in the markets in which GOL operates or is seeking to operate, and all statements preceded, followed or containing the words “believe”, “expect”, “aim”, “have” the intention to “,” will “,” be able “,” project “,” estimate “,” “anticipate”, “predict”, “seek”, “should” or similar words or expressions, are forward-looking statements. Future events mentioned in these forward-looking statements involve known and unknown risks, uncertainties, contingencies and other factors, many of which are beyond the control of GOL, which may cause actual results, performance or events to occur. significantly different from those expressed or implied in these statements. These forward-looking statements are based on numerous assumptions about GOL’s present and future business strategies and the environment in which GOL will operate in the future and are not guarantees of future performance. These forward-looking statements speak only as of the date on which they are made. Neither GOL nor any of its affiliates, officers, directors, employees and agents assumes any duty or obligation to update or revise forward-looking statements, whether as a result of new information, future events. or otherwise, except to the extent required by law. None of GOL or its affiliates, officers, directors, employees, professional advisers or agents makes any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of the many possible scenarios and should not be considered the most probable or standard scenario. Although GOL believes that the estimates and projections contained in these forward-looking statements are reasonable, they may prove to be materially incorrect and actual results may differ materially. Therefore, you should not rely on these forward-looking statements.




In accordance with the requirements of the Securities Exchange Act of 1934, the declarant has duly caused this report to be signed on his behalf by the undersigned, being duly authorized for this purpose.

Date: September 17, 2021

Through: / s / Richard F. Lark, Jr.

Name: Richard F. Lark, Jr.

Title: Investor Relations Officer

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CFIA Aero Leasing Diversifies Its Aircraft Portfolio with the Addition of the First Embraer E190 | New Thu, 16 Sep 2021 13:02:25 +0000

DUBLIN – (BUSINESS WIRE) – Sep 16, 2021–

ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and leasing management services, today announced the acquisition of its first Embraer E190. The E-Jet joins the lessor’s growing fleet as the company assesses new investment opportunities as part of a planned expansion into new markets.

This press release features multimedia. View the full release here:

The first Embraer E190 to join CFIA Aero Leasing’s fleet of more than 50 regional passenger and freight aircraft will further support the evolution of the lessor’s portfolio and its aggressive market expansion strategy. (Photo: Business Wire)

The aircraft, configured with 12 business seats and 88 economy seats, will undergo a maintenance period before being offered to potential airline customers.

Sameer Adam, Senior Vice President, Commercial, CFIA Aero Leasing, said this acquisition represents “an important step in advancing our fleet growth strategy. It is a starting point for engaging airlines interested in E190 / E195 aircraft specially designed to cross regional and main operations. It also opens up new opportunities to assess further portfolio enhancements, including the prospect of adding the next-generation E-Jet E2 family aircraft. “

“As a lessor with a clientele established in regional markets, we have already seen the enormous impact of regional aircraft in facilitating the recovery of networks on all continents. We are confident that E-Jets will play a key role in the recovery, especially in the European and North American markets, ”said Adam. “The E-Jet offers the right mix of operational versatility and efficiency to meet the demands of certain major routes and is a good network development tool for airlines struggling to adapt to the environment. post-pandemic. “

The pandemic has triggered fundamental changes that are reshaping air travel habits and the demand for airplanes. Among these implications are the early retirement of older and less efficient aircraft, a preference for smaller, more profitable aircraft to meet weaker demand, and the growing importance of national and regional air networks in restoring service. air.

“We congratulate CFIA on adding the first E-Jet to its fleet,” said Martyn Holmes, CCO, Embraer Commercial Aviation. “This is an important milestone, which builds on CFIA’s successful experience with its ERJ145 fleet, enhancing its portfolio with the highly demanded and global E-Jet family. CFIA’s first E190 represents just the start of its planned expansion into E-Jets to take advantage of new emerging opportunities in regional aviation.

Combining an optimized design with the lowest possible aircraft operating rate to carry the most revenue-generating payload, the E-Jet is the clear leader in the 70-130+ seating segment. E-Jets provide excellent performance with a smaller or similar capacity as narrow-body planes. In addition, with the industry’s growing attention to more efficient and greener aircraft, these first generation jets allow operators to achieve significant improvements in environmental emissions and operational efficiency, both in the air and on the ground.

Mick Mooney, Managing Director of CFIA Aero Leasing, said: “The introduction of the E190 is a stepping stone in the evolution of our portfolio, with the goal of incorporating selected and diverse aircraft types that capture the better the desired operating characteristics. then by airlines whose requirements are continually shaped by market conditions.

Since the early 2000s, CFIA has expanded its fleet to more than 50 regional passenger and freight aircraft, both owned and managed, which include the ATR42 / 72 family, Beechcraft 1900 and Embraer 145.

“We continue to leverage our team’s expertise and in-depth industry knowledge to deliver the most responsive fleet and financing options that effectively meet the needs of our existing and potential customers. Our sales team is committed to building long-term relationships with airlines in all markets, constantly expanding our global customer base, which now consists of 16 operators in 20 countries around the world, ”concluded Mooney.

About ACIA Aero Rental

ACIA Aero Leasing (“ACIA”), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessors with offices in Ireland, Mauritius, France, Canada and South Africa. CFIA manages a current aircraft portfolio of more than 50 regional passenger and freight aircraft leased to operators in 20 countries around the world. Through our strategic partnerships, CFIA provides airlines with turnkey leasing solutions, from dry leasing to charter operations.

See the source version on

CONTACT: Sophie McAuley, Zeevo Group

+1 334 373 4611 // +44 7921 188870 //



SOURCE: ACIA Aero Leasing

Copyright Business Wire 2021.

PUB: 09/16/2021 9:00 a.m. / DISC: 09/16/2021 9:02 a.m.

Copyright Business Wire 2021.

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FBI releases first 9.11 secret file: anonymous Saudi embassy official “helps two hijackers in LA” Sun, 12 Sep 2021 06:05:18 +0000

The FBI released its first declassified 9/11 document, just 20 years after the deadly terrorist attacks that killed 2,996 people.

The document was released on Saturday evening, a week after President Biden signed an executive order ordering government agencies to make the secret files publicly available for the first time.

The order came under significant pressure from the families of the 9/11 victims aspiring to investigate the Saudi government’s potential links to the attack.

Of the 19 hijackers aboard the four fateful 9.11 planes, 15 were Saudi nationals.

Saudi Arabia on Wednesday released a statement claiming its innocence, saying “it is sad that such false and malicious allegations continue.”

The recently released document details a 2015 interview with Saudi Embassy staff suspected of providing logistical support to two 9.11 hijackers who arrived in Los Angeles before the attack.

This document is still heavily edited, and the Embassy staff who applied for U.S. citizenship at the time of the 2015 FBI interview are not named. It’s called PII.

According to the document, “PII has released many specific details about his… employment at the Consulate of the Kingdom of Saudi Arabia in Los Angeles. [and] Anecdotes of personal interaction with consular officials.

In an interview with the FBI, PII described his mission at the consulate as “providing assistance to Saudi students studying in the United States, providing translation assistance, performing administrative duties, and publishing Islamic literature.” I will distribute it. ”

Interestingly, the FBI said in a recently released document that they suspected that the two PII hijackers helped the two PII hijackers travel to the United States as students.

The hijackers are identified in the document as Nawafal-Hazmi and Khalid al-Mihdhar. The pair were on American Airlines Flight 77 when they crashed into the Pentagon on September 11.

The FBI released the first declassified 9/11 document, just 20 years after the deadly terrorist attacks. The document was released on Saturday night, a week after President Biden signed an executive order ordering government agencies to make confidential files available to the public.

PII was suspected of supporting hijackers Nawaf al-Hazmi (pictured) and Khalid al-Mihdhar.  The pair were on American Airlines Flight 77 when they crashed into the Pentagon on September 11.

Harried al Mindar is fired

PII was suspected of aiding hijackers Nawaf al-Hazmi (left) and Khalid al-Mihdhar (right). The pair were on American Airlines Flight 77 when they crashed into the Pentagon on September 11.

55 servicemen and 70 civilians killed when Flight 77 crashed into the Pentagon

55 servicemen and 70 civilians killed when Flight 77 crashed into the Pentagon

The pair were reportedly selected by Osama bin Laden as part of the ambitious 9/11 terrorist attacks, already a longtime al Qaeda official with extensive combat experience.

According to FBI documents, the PII confirmed to Al Hajimi and Almidar the location of a Mediterranean restaurant in Los Angeles that was frequently visited by other suspected of providing logistical support to terrorists.

PII “denies being instructed to do it,” “he’s a good Muslim, and because it’s the Muslim way of helping two freshmen in the city, I helped Al Hajimi and Almidar. ”

This document seems to suggest that PII moved her sister and stayed with another sister for two weeks. Because he had Al Hajimi and Almidar with him.

Meanwhile, a recently released (partly heavily edited) document may also have PII working as a facilitator for the Armed Islamic Group (GIA) and is associated with members of the Salafi sermon group. It seems that has been said. struggle. ‘

The document states that the GIA and GSPC “have become Alcaeda in Islamic Maglev”.

In addition, sources reportedly told the FBI that the PII “spoke very loudly against Christian, Jewish and Islamic enemies.”

“The Saudi Consulate General in Los Angeles wanted to reject PII for the storage and distribution of extremist Islamic literature at the consulate,” said another.

It is not known whether PII obtained US citizenship after an interview with the FBI in 2015 or if he is still linked to the Saudi consulate.

PII worked at the Saudi Consulate in Los Angeles

PII worked at the Saudi Consulate in Los Angeles

The new document also reveals a PII link with Omar al-Bayomi, “suspected of Saudi intelligence”.

PII was a companion of Omar Albayomi, who admitted to befriending two hijackers before September 11.

PII was a companion of Omar Albayomi, who admitted to befriending two hijackers before September 11.

The recently released document also states that PII was a companion of Saudi Arabian Omar Albayomi.

Al Bayomi previously acknowledged the friendly relations between Al Hajimi and Al Midar, but denied any official cooperation with them under a terrorist program.

A document declassified in 2016 believed the FBI believed in 2003 that “Al Bayomi was a representative of the Saudi government and may have reported the community to Saudi officials.” It’s clear that.

He is also said to be “suspected of Saudi intelligence”.

Al Bayomi was arrested in London the week following the 9/11 terror attacks, and his phone and bank accounts were investigated before being released for free.

The final report of Commission 9.11, released in 2004, concluded that “there was no credible evidence that Al Bayomi believed in violent extremism or a deliberately supported extremist group.” ..

However, the recently released document appears to say otherwise, revealing that he had a strange relationship with the two terrorists.

He says: “Albayomi’s logistical support to Al Hajimi and Almidar included translation, travel assistance, accommodation and funding.

Interestingly, in a 2015 interview, PII recalled Albayomi, who received special treatment at the Saudi Consulate in Los Angeles prior to the September 11 attack.

According to a recently released FBI document, “PIl described Al Bayomi as a Saudi citizen who was treated with great respect in the Saudi consulate.

He claimed that Al Bayomi’s status was even higher than that of many Saudis in charge of the consulate.

The reason for his high position among Saudi officials remains unclear.

“He came to the United States to study a job at a Saudi airline named Dollar AVCO,” al-Bayoumi told investigators in 2003. However, regarding his job, AVCO witnesses described him as a “Ghost employee”, “one of about fifty people paid by a company who did not come to work.

al-Bayoumi is believed to be currently living in Saudi Arabia.

The IIP was also a “close companion of Fahad al-Tumily” and a “staunch radical individual who supported the 9/11 incident”.

FBI releases first 9.11 Secret File: Anonymous Saudi Embassy official “helps two hijackers in LA”

Source Link FBI Releases First 9.11 Secret File: Anonymous Saudi Embassy Official “Helps Two Hijackers in LA”

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SITA takes decisive action to reduce carbon emissions and become a Carbonneutral® certified company Thu, 09 Sep 2021 07:00:00 +0000

The achievement is one year ahead of the initial objective of the organization

GENEVA, September 9, 2021 / PRNewswire / – Today, SITA, the world’s leading IT provider for the airline industry, announced that it has achieved CarbonNeutral® corporate certification. This major step, carried out a year before SITA’s initial objective of 2022, is the result of decisive actions aimed at significantly reducing emissions linked to its commercial activities in 2020.

SITA reduced its overall greenhouse gas emissions by 48% between 2019 and 2020. The UN-recognized Planet + carbon neutrality program has been key to reducing the company’s emissions with initiatives designed to create places sustainable and energy-efficient working hours and reduce internal business travel.

SITA also offsets 100% of all carbon emissions it has not been able to reduce or eliminate by funding projects that help reduce and cancel existing and future carbon emissions while supporting several of the Nations’ Sustainable Development Goals. United. These compensation projects include support for reforestation and the protection of biodiversity.

SITA’s journey to achieving carbon neutrality and formal accreditation has involved working with several independent expert environmental organizations. To develop a credible carbon neutral program, the organization has followed the rigorous framework of the CarbonNeutral Protocol, which is managed by Natural Capital Partners, the leading experts in carbon neutrality and climate finance. In collaboration with independent emissions assessor RSK Group, a comprehensive review of emissions from operations and business travel was undertaken to calculate SITA’s carbon footprint. In 2020, this was expanded to include many more indirect emissions generated by activities such as working from home, which was commonplace for SITA employees during the pandemic. The reduction in SITA’s carbon footprint reflects its actions since 2018 to reduce, eliminate and offset its emissions to obtain certification.

After achieving the organization’s carbon neutrality, the company is firmly committed to further reducing its emissions and meeting its ambitious reduction targets for the years to come. At the same time, SITA is committed to developing new technologies to help its customers and the entire aeronautics industry to reduce its carbon footprint. This work is mainly focused on streamlining flight operations and reducing fuel consumption, with a clear and measurable reduction in carbon emissions.

The recent acquisition of Safety Line by the company was designed to strengthen the organization’s portfolio to improve operational efficiency in fuel consumption and limit CO emissions from aircraft.2 emissions at key stages of flight.

Barbara dalibard, CEO of SITA, said: “We are delighted to have achieved our goal of carbon neutrality as part of our sustainability journey. I would like to thank our employees who played an essential role in reaching this ambitious milestone, one year before our initial deadline. As a trusted partner of the airline industry, we are firmly committed to helping aviation reduce its emissions and meet its carbon reduction targets. “


SITA’s carbon neutrality is summarized in this short video.

The latest SITA CSR report is available here.

About SITA

SITA is the IT provider to the airline industry, providing solutions for airlines, airports, airplanes and governments. Our technology enables smoother, safer and more sustainable air travel.

With approximately 2,500 customers, SITA’s solutions improve operational efficiency at more than 1,000 airports while delivering the connected aircraft promise to customers of 18,000 aircraft around the world. SITA also provides technology solutions that help more than 70 governments find the balance between secure borders and smooth travel. Our communications network connects all corners of the globe and connects 60% of the data exchange of the air transport community.

SITA is a CarbonNeutral® certified company under the CarbonNeutral Protocol – the leading global standard for carbon neutral programs. We are reducing our greenhouse gas emissions for all of our operations through our UN-recognized Planet + program, while developing solutions to help the aviation industry meet its carbon emissions reduction targets, including fuel consumption and greater operational efficiency at the airport.

SITA is 100% owned by the industry and driven by its needs. It is one of the most diverse companies internationally, providing services in more than 200 countries and territories.

For more information, visit

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“We’re going to DOUBLE our Caribbean hotels,” says Sandals President Adam Stewart Sun, 05 Sep 2021 03:06:24 +0000

In his blood: Adam Stewart has worked for Sandals since he was a child

Adam Stewart, president of Caribbean luxury resorts, Sandals, is on vacation in the Cotswolds, a million miles from the sunny islands where he spends much of his time. But her British customers, weary of the gray skies and cooler weather, are heading to Jamaica – and Sandals’ other seven sun-drenched destinations.

Bookings by British tourists have skyrocketed from 2019 levels since the government placed the majority of Sandals’ Caribbean destinations on the “green” travel list in June, he says.

At the start of peak season in November, his group’s 6,000 hotel rooms will be 90% full, with pent-up demand already stretching through 2022.

“If you went to the Sandals website, it would be very difficult to find a room by March of next year. There are gaps, but in the first three months of next year we have already sold over 70% of our inventory. We had a bump in the road like all hospitality, but bounced back like no other business in the Caribbean.

Sandals Resorts International offers all-inclusive vacations at 16 Sandals adults-only resorts and three Beaches hotels suitable for families. It all started 40 years ago when Stewart’s father Gordon, a Jamaican businessman nicknamed “Butch,” bought a run-down hotel in Montego Bay, Jamaica. Most of its hotels face west, to maximize Caribbean sunsets, and it hosts around 10,000 weddings a year.

Stewart, 40, has been immersed in the family business since childhood. He was put to work from an early age, filling envelopes in the post office and dealing with phones in call centers.

Over the past five years, he and his father have written the Handbook for Business Evolution – or “Sandals 2.0” – charting further expansion in the Caribbean.

Her father passed away in January and Stewart, now executive chairman of Sandals, is overseeing plans to double the size of the company over the next decade to 40 resorts.

“The Caribbean has always been the darling of Europe. There has always been this incredible connection, especially with the UK. If you’re traveling to London we’ve been putting our mark on taxis for 15 years, ”he says. “My father gave me great authority as we worked together for 22 years. We are now ready and ready for growth. I hope to make him proud.

The top five developments are in Jamaica, Curaçao and St Vincent, where Sandals bought run-down hotels that experienced financial problems under previous owners. Full acquisition costs are not being disclosed, but Sandals will spend around £ 340million to renovate the assets, along with another resort in the Bahamas, before it opens from 2022.

Some are “full demolition and demolition” work; others are major renovations, adding infinity pools, private villas, mountain biking trails, water parks, gourmet restaurants, and 18-hole golf courses. Stewart’s UK customers, who account for 15% of bookings, include the Duke of Cambridge, who visited the Royal Caribbean resort in Sandals in Jamaica during his bachelor days. Stewart calls for construction work to bring properties up to “sandalization” process standards.

Sandals’ parent company is registered in Barbados and does not disclose its revenues or profits. But Stewart says 2019 was a banner year for the private company; 2020 was “not too far behind”; and fall 2021 will be “our best fall ever”. The business remains fully family owned and has no plans to seek outside investment as it has kept debt low and is reinvesting the profits back into the business.

Funding for the expansion will come from a group of Caribbean-based lenders, including Canadian bank CIBC and National Commercial Bank of Jamaica. Stewart says, “A lot of people would reap big dividends from the organization. No one else in the all-inclusive space has ever been able to get close to Sandals because we’re investing more [rivals] by injecting free cash flow back into the business. ‘

The Stewart family once owned the Caribbean airline Jamaica Air, which had a partnership agreement with Caribbean neighbor Sir Richard Branson, who became a close friend of Stewart’s father.

Stewart is a big fan of Virgin and hopes to emulate the success of the Branson brand. “I line up the sandals with the Virgin from a few years ago – Virgin had this amazing brand that Sir Richard built. But the presence of her airline was far more important than the number of planes she had. Our company is in a very similar position where the brand is bigger than the company itself. ‘

British customers of Sandals still arrive at its resorts on Virgin Atlantic aircraft, as well as British Airways, Aer Lingus and KLM, via package tours booked with tour operators such as Virgin Holidays, Kenwood and Kuoni.

Plush: a Caribbean resort where Sandals is a major GDP driver, employing 15,000 people, from fire eaters to scuba diving instructors

Plush: a Caribbean resort where Sandals is a major GDP driver, employing 15,000 people, from fire eaters to scuba diving instructors

Last week, there were concerns that Jamaica could move from the Amber List to the Red List during the next travel review, due to a sharp increase in Covid cases since July. But Stewart points out that the positivity rate of its resorts is only 0.5% for the year to date due to strict sanitary measures, and that UK guests wanting to get away from it all are still making reservations from last minute.

In the Caribbean – what Stewart calls “the world’s little sandbox” – Sandals is a major GDP driver, employing 15,000 people, from fire eaters to scuba diving instructors, and energizing the fishing industries, agriculture and entertainment.

Its charitable arm, the Sandals Foundation, has implemented $ 70 million in community projects across the Caribbean over 12 years. And when Sandals opened its resort in Granada in 2013, Stewart more than doubled the number of flights to the island.

“One of the reasons governments love it when Sandals comes to town is that we create about ten billion media impressions each year for this country,” says Stewart. “Another key element is that everyone’s prices are going up – from taxi drivers to restaurants. All tides rise with the entrance of Sandals.

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Back to school … and to the sky Thu, 02 Sep 2021 11:42:21 +0000

Many of us have seen dramatic changes in our working lives during the pandemic and now have to grapple with what office life might be like now that vaccines get us out of our homes. Where would we prefer to work from? Home? Or an office? Maybe a mixture of the two?

Or maybe from 50,000 feet? Demand for private jets is on the rise, fueled by pandemic travel restrictions, with this article noting that while some use the plane for occasional travel, “others are flying 400 or 500 hours a year, using it as their office. They see a private jet as a necessity. Considering the events of the past eighteen months or so, it’s easy to see the allure of a flight desk, but there is a range of ongoing costs to consider that not everyone anticipates when planning to fly. purchase of an aircraft.

The article gives a helpful summary of these costs and the available ownership options, which could be useful for those considering a higher office space this year as we wrap up the summer and go back to “school.” We frequently assist customers with the purchase and management arrangements of their private planes, and in addition to regular sales and funded purchases, we’ve recently been involved in some post-COVID reconfigurations, including helping HNWIs trade planes existing models and to acquire new models. more suited to longer or more frequent flights, working on reallocation of hours in timeshare programs for companies and making personal planes available to companies (in addition to advising on financing a new aircraft supported by EXIM and AFIC). We would love to use this experience to help you find a solution that’s right for you.

The growth in demand for private jets has skyrocketed and there are indications that many former first-class and business passengers are adopting them. Aviation industry market research firm WingX reports that global business aviation activity for the first half of 2021 is up 42% from same period last year, up from an increase less than 10% for regular airlines. In addition, it is gaining momentum, with record business aviation activity worldwide in June, up 10% from the pre-pandemic peak of June 2019. Likewise, FlyEliteJets has reported a 150% increase in bookings since the Covid-19 outbreak, despite disruption caused by measures such as border closures and quarantine requirements. / …

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Home Renovation Reference Guide »RealtyBizNews: Real Estate News Sat, 28 Aug 2021 16:53:18 +0000

There are many reasons why people decide to renovate their homes. First-time buyers tend to buy older homes that may be out of date. Or maybe you’ve been in your home for over a decade and can’t wait to get off your mortgage. Investors have made big profits with fix-n-flip renovations. Whether you are a homeowner or an investor, the idea of ​​repairing an older home has been popular for many years.

Analysis of US Census data shows that at least half of the homes in America are over 37 years old. New York State has the oldest median home age at 63 and Nevada has the lowest median home age at 26. This means that many roofs, ovens, flooring and appliances have reached the end of their life. Reports show that most people planning a remodel intend to spend $ 10,000 or more. For that kind of money, you need to do some upfront planning.

1. What is going on in your life? Before making any big decisions, think about what to expect from the renovation for tomorrow and the next 5-10 years. Conversion from a 4e bedroom in an office is probably not a good idea if you are planning a family or if you plan to take care of elderly relatives in the years to come. On the other hand, home offices have become very popular as more and more people are working from home. Personal needs matter.

2. Preliminary research:

  • List the renovation projects you are considering.
  • Chat with friends, neighbors, and even real estate agents about their home improvement experiences.
  • Go to open houses in your neighborhood to see what others have been up to. Do some research on the Internet and in magazines to get an overview of possible ideas.
  • Look for rough estimates for the ideas you are considering.
  • Research how your planned renovations will affect the value of your home.
  • If you are planning multiple projects, prioritize them.

3. Cost and budget. Your main costs are for materials, labor and local market conditions. You will need a minimum of 3 estimates and probably recommendations from contractors hired by people you trust. However, you can calculate your rough estimate using online calculators such as Online estimates are just the start and you should expect significant cost variations depending on your specific needs, wishes and decisions.

  • Once you have a few estimates from the contractors, it’s a good idea to add an additional 30 or 40% to cover changes and contingencies.
  • If you are removing or adding walls or making changes to the foundation, you need the professional services of a structural engineer.
  • If you want to recoup your costs when you sell, you might want to prioritize your list based on which renovations recoup the most. Typically, in descending order, these are kitchen, bathroom, flooring, master bedroom, and attic bedroom additions.
  • Look for financing options if you are not paying everything in cash. Banks typically lend 20-30% of the home’s value (this varies depending on your equity). If the home is valued at $ 300,000 and your credit is decent, you should expect to be able to borrow $ 60,000 to $ 90,000 for renovations.
  • Common financing options are a home equity line of credit, refinancing your home (preferably at a lower interest rate), home improvement or personal loans, and credit cards (generally the least preferred).

4. Hire your contractor. Once you’ve decided what you’re going to do and how you’re going to pay for it, it’s time to hire a contractor. This is when you make the final estimate. But always keep a 20-30% buffer in your budget. Prepare a list of questions specific to your project to ask each contractor. General questions include:

  • List of references?
  • Experience with your type of project and experience near your location?
  • Licensed, bonded and insured (their liability insurance to protect you)? Check what you are being told.
  • Any comparable projects that you can see? Preferably actual finished projects but at least videos or photos.
  • Schedule and budget execution?
  • What are the payment methods ? Down payment, milestones, down payment + final payment, materials + milestones, total initial amount (unwanted), etc.
  • What is guaranteed and for how long?
  • Will you have only one contact person for the status and how often will you receive updates?
  • How will any changes that may be necessary be managed?
  • Ask how other parts of the house / landscaping will be impacted and protected?
  • Ask questions about subcontractors? Make sure the general contractor takes responsibility for the subcontractors.
  • How do you welcome the family and animals (if you live in the house during the renovation)? Be sure to mention if you are working from home.
  • Call the references to ask if they were happy with the results, budget and schedule, how the issues were handled, how long has the work been done and if they would hire the contractor again?
  • Anything specific to your project and your situation.
  • Listen carefully to all of his answers. Especially when it comes to changes, budgets and schedules.
  • Require a written and signed proposal and contract before work begins. When in doubt, write it down. Make sure all specifications are included. Specify required permits and government inspections. Have a well-written final acceptance clause.

5. Plan how you will live during the remodeling. How will you live with your family during the renovation? Are you going to move? Are you going to put a plastic tarp between your living area and the construction area? Are you going to eat out during a kitchen remodel? How will you protect valuables and heirlooms with workers in the house? Will you and your family be safe from open holes and other obstacles? Is anyone allergic to dust or chemicals (paint and flooring)? Do you need a storage shed? Will you be able to get in and out of your driveway? Make sure your contractor will clean it every day. What else do you need to plan?

6. Manage entrepreneurs. Mistakes will happen. Special orders will arrive late, inspection dates will be missed, and a wall might even be built in the wrong place. Be mentally prepared for these and other issues during construction when your patience is likely to be short. Talk to your contractor regularly and report these issues as soon as you find them to avoid a ripple effect. Keep a list and go back to make sure any errors have been corrected. All changes should be written down and include costs. Keep all communications cordial. If you lose your temper, apologize. Expect the same from him.

Soon you will be cooking in the kitchen of your dreams, showering in luxury or enjoying a high-tech lifestyle.

What are your renovation tips? Please add your comment.

Additionally, our weekly Ask Brian column welcomes questions from readers of all levels of experience with residential real estate. Please send your questions, inquiries, or story ideas to

Author Biography: Brian Kline has been investing in real estate for over 35 years and has been writing about real estate investing for 12 years. He also draws on more than 30 years of business experience, including 12 years as a director at Boeing Aircraft Company. Brian currently lives in Lake Cushman, Washington. A vacation destination, close to a national and the Pacific Ocean.

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