|
whjm Farnborough growing fast as business aviation hub
Gafd CAE readies first Series 5000 simulator at Burgess Hill
BY MICHAEL ZEA AT MERCER MANAIf airlines are to reduce air force 1 some of the earnings volatility that has dogged investor confidence in their sector, then they must manage business risk, not just safety and securityInvestment in airlines has never been for the faint of heart. Even before 11 September, airlines were far more vol yeezy atile than other sectors. In fact, carriers have been five times more likely to lose 25% of their value in one month than the average across all sectors in the Fortune 1000. What is more, share value losses have not recovered over time. That raises the old question of whether air transport is simply too volatile by its nature to be anything more than a high-risk gamble for investors.Some of the risk clearly stems from the industry s flaw owala ed and complex structure. Ownership restrictions have prevented the consolidation which could have helped to even out volatility in local and regional economies. More fundamentally, the industry s business model is capital, labour, and technology intensive, increasing the complexity of the risk management challenge.However, airline risk need not necessarily be unmanageable. There are effective strategies, adopted by other sectors, which can help identify and manage risk. The alternative is volatility of earnings and, therefore, of share prices. In the main, financial markets simply do not trust carriers to produce consistent earnings and, therefore, airline stock trades at a heavy discount. Airline price-to-earnings P/E ratios - Xzrq Aircraft interiors EXPO: Sex, Lights and Rock n Roll
Netflix, Disney, HBO, BBC Worldwide join anti-piracy initiative.Thirty content creators including the major TV network owners and the digital triumvirate of Netflix, Hulu and Amazon Studios, have launched global coalition the Alliance For Creativity And Entertainment ACE .The initiative is designed to combat online piracy that poses a continuing threat to creators, consumers, and the economy .ACE will conduct research, work closely with law enforcement, file civil litigation, forge relationships with existing national content protection organisations, and pursue voluntary agreements with responsible parties across the internet ecosystem .The coalition will also work with the MPAAs global anti-piracy resources in concert with ACE members resources.Last year, there were an estimated 5.4bn downloads of pirated wide-release films and primetime television and VOD shows, according to ACE.In addition to CBS Corporation, The Walt Disney Company, Twentieth Century Fox yeezy usa , Paramount Pictures, NBCUniversal and the digital giants, members include AMC Networks, BBC Worldwide, Bell Canada and Bell Media, Canal+ Group, Constantin Film, Foxtel, Grupo Globo, HBO, Lionsgate, and MGM.Also in ACE are Millennium Media, SF Studios, Sky, Sony Pictures Entertainment, Star India, Studio Babelsberg, STX Entertainment, Telemundo, Televisa, Univision Communications Inc, Village Roadshow, and Warner Bros. Entertainmen owala website t.David Hyman, general counsel at Net hydro flask usa flix, said: While were focused on providing a grea |
|