Word: carrier
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...sense of urgency may finally be hitting home. "Greeks have realized, in the last 40 days, that this is no joke," says Eftichios Vassilakis, vice chairman of Aegean Airlines, Greece's largest air carrier. "We are at a critical moment. Some like to say that Greeks respond best when we're at the edge of the cliff. Well, we're definitely at the edge of the cliff." Some Greek business leaders hope that the medicine, though bitter, will produce a healthier economy. "The crisis was inevitable," says Ioannis Kamatakis, CEO of MLS Multimedia, a technology company that produces GPS systems...
...problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping," he says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is also looking outward. In the last six months, the carrier added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry - the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships - should also prove immune from the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president...
...Gates is mindful that the U.S.'s diplomatic assets pale in comparison to its military power. The Pentagon budget is still $660 billion, compared with State's $51 billion. To audiences, Gates often bemoans the fact that the State Department's foreign-service officers would barely crew one aircraft carrier. "We joke that Gates is the best surrogate for the State Department. He always makes the point that we are underfunded and underresourced," says a Clinton staffer. At the same time, the Pentagon has assumed more of the burdens of diplomacy and statecraft. The building contains its own mini State...
...hold), turned into a full-fledged living room by Monday, with a television, a television stand, a cat, and a dog. Kurrasch said she has even received e-mails from people who've sat in the chair and put their feet on the footstool. Many people, including the mail carrier, stopped and smiled as they walked past, and even the man who was shoveling the snow in the yard kept coming back to check on her progress, Kurrasch said...
...Rather than going belly up, however, Asia's largest airline by revenue is getting the lift it needs to stay in the sky - but not without shedding some bulk. With the government keen on keeping Japan's largest carrier in business, JAL is now set to transition into a three-year, state-backed restructuring plan. Before JAL's filing on Tuesday, Transport Minister Seiji Maehara said, "The government wants to continue to support JAL to ensure its continued stable and safe operations." The Enterprise Turnaround Initiative Corp. of Japan (ETIC), a quasi-government entity that buys the debt of troubled...