Posted on : 26-06-2011 | By : Andrew Miller | In : Financial News
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Air New Zealand said the impact of the Christchurch and Japan earthquakes significantly hit its long-haul passenger numbers in May.
It has also won its second contract to fit out a luxury jet “for a sub continent client.”
The airline said it carried 892,000 or 1% more passengers in May than in the same month a year earlier but demand, or revenue passenger kilometres fell 2.8%, reflecting a 9.3% fall in long-haul passengers.
The Japan route was most affected with passenger numbers down 12%.
The airline said its overall capacity, available seat kilometres fell 3.9% in the month while its load factor rose 0.9 percentage points.
Short-haul passenger numbers were up 2.5% with domestic demand increasing 3.4%. How
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Posted on : 25-06-2011 | By : Andrew Miller | In : Financial News
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A company called ConceptShed is marketing their newest invention, the AutoWed vending machine.
The AutoWed is a novelty wedding machine offering a quick hitch, a couple of rings and a personalized certificate for just $1. Audio prompts, specially produced music, a bespoke retro keyboard and VFD display, ring vending and ticket printer all wrapped up in a Cadillac-pink cabinet with shiny aluminum fittings.
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Posted on : 25-06-2011 | By : Allison Thompson | In : Business Directory
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Be it a savings account, certificate of deposit, or some other investment option, where should you be depositing your money? With a shaky economy behind us and a tumultuous rollercoaster ride in the stock market, you may be searching for safe and conservative places to stash your money so that it is there when you need it. With a dizzying amount of investment options to choose from, it can be hard to decide where to put your money. Before you make a final decision, learn about some of your options. After you have the information you need to make an educated decision, you can allocate your money appropriately.
Savings Account
While it is a basic investment option, a savings account is also an essential investment option for your cash.
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Posted on : 25-06-2011 | By : Andrew Miller | In : Financial News
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News: Polish CA revisions and Greek vote in focus
The Czech koruna tested the 200-day moving average, but failed as the global equity market turned positive in the afternoon. The pair moved to 24.40 EUR/CZK and eyes today’s Greek protests. The koruna withstood sharp fall of ČEZ share price (largest title on Prague stock exchange) on news that the EU Commission will launch a formal investigation and that Germany (according to the Greens) will not want electricity from Temelin nuclear power station.
The Greek vote is in focus on the Czech markets in the upcoming sessions. We
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Posted on : 24-06-2011 | By : Allison Thompson | In : Business Directory
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Recovering from bankruptcy can seem insurmountable right after you’ve been through the wringer of filing. Whether you’ve had to deal with unexpected medical bills—the leading reason for filing personal bankruptcy—or you’ve been through a rough divorce or a bout of unemployment, or even just a string of bad financial decisions, going bankrupt can make you feel as if you’ve lost control of your finances. In fact, you have lost control. However, not all is lost. It will take a great deal of discipline and work, but you can pull through bankruptcy and restore your finances and credit. You will have to live through some higher interest rates while you rebuild, but you will get back on track. Here are so
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Posted on : 24-06-2011 | By : Andrew Miller | In : Financial News
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June 24 – DNZ Property Fund has teamed with other unit-holders in Argosy Property Trust to represent an 11% holding, enough to force a special meeting on the future of its management contract.
DNZ bought out its own management contract last year and chairman Tim Storey says getting rid of the external manager has resulted in “a very robust structure.”
With Argosy, “the first issue is to force better governance,” he said. Down the track, he hopes the property group will consider DNZ’s proposal to merge the two portfolios.
Storey says he hopes OnePath NZ Ltd. will oblige
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