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Here is a Saudi ‘war game’ scenario that demonstrates the peril of a post-Khashoggi period for the US and the Middle East

https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/ Here is a Saudi ‘war game’ scenario that demonstrates the peril of a post-Khashoggi period for the US and the Middle East PUBLISHED SAT, NOV 24 2018 • 7:00 AM EST | UPDATED SAT, NOV 24 2018 • 9:41 AM EST – CNBC https://www.cnbc.com/2018/11/23/saudi-war-game-scenario-shows-peril-of-post-khashoggi-peril-for-the-us.html Fred Kempe KEY POINTS A nightmare scenario involving a potential armed showdown … Continue reading

Ethiopian Airlines is and always had been, what the CEO calls a “strategic asset and a policy instrument” for the government. Its key role in logistics is designed to aid the country’s industrialisation. Today, the company is busy exporting its model across Africa, buying stakes in existing airlines in Djibouti, the Democratic Republic of Congo, Eritrea and Equatorial Guinea, as well as setting up new ones in Chad, Ghana, Guinea, Mozambique, Nigeria and Zambia. Not all governments are fully on board with the company’s pan-African vision, a vision which led it to take a key role in pushing for the African Union’s single market for air transport launched earlier this year. “The main challenge is the lack of proper attention given to aviation by African countries,” Tewolde says. “At the policy level, African governments, unintentionally, consider aviation a rich man’s means of transport. They don’t consider it as an essential public service for the average person.”

    https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Posted on Friday, 16 November 2018 Tewolde GebreMariam, Chief Executive Officer, Ethiopian Airlines   By Tom Gardner in Addis Ababa     http://www.theafricareport.com/East-Horn-Africa/itv-tewolde-gebremariam-chief-executive-officer-ethiopian-airlines.html   Tomas’s Comment:   There is no doubt that today Ethiopian Airlines is Africa’s dominant airline, the only African Airline that can compete with the likes of Turkish, … Continue reading

Look let’s be real, anything “offshore” today, be it a bank, aircraft or yacht registration and in most cases a corporation, means someone is hiding something from the tax man, assets or income, usually illegal tax evasion and not tax avoidance which is legal. The Isle of Man government approved tax avoidance schemes that have refunded more than $1bn to the super-rich and to multinationals on the import of hundreds of private jets into Europe. The Paradise Papers reveal how Manx customs worked closely with the offshore law firm Appleby and the big four accounting firm EY, to approve schemes which have ultimately helped some of the world’s wealthiest individuals reduce import VAT bills to zero. The arrangements allowed jet owners to claim 100% VAT refunds on the grounds that their jets were part of leasing businesses. What the leak of 6.8m files from the archives of Appleby reveal is that these businesses involved millionaires leasing their own aircraft from themselves, and some of that appears to be illegal for sure.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Paradise Papers: Commission follows up on illegal tax breaks for yachts and aircraft Brussels, 8 November 2018 http://europa.eu/rapid/press-release_IP-18-6265_en.htm   Abusive VAT practices in the Isle of Man. VAT is only deductible for business use. Supplies of aircraft, including leasing services, meant expressly for private use should not be VAT-exempt. The Commission … Continue reading

A short history of aviation in Ghana

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/       November 9, 2018   Tomas’s Comment:   The country has a had a rough time with its 2 national airlines, Ghana Airways from 1958 to 2005 and Ghana International Airlines from 2005 to 2010 and have they learned anything? Ghana Airways has had a long successful history with many different … Continue reading

Bombardier’s turnaround has become and asset sale, $300 million for its DHC-8 line (100/Q200/Q300/Q400) to Longview Aviation Capital/Viking Air, $650 million for its Business Aircraft training business to CAE, $561 million for Downsview Airport and factory, so $1.5 billion in asset sales as it lays of another 5,000 employees. I said for years, the CSeries, Q400 and CRJ were heading off the cliff, the realization came this year, as they dumped the CSeries on Airbus, giving away 50.01% for Free, paid $609M so far in costs, kept 33.55% and gave Quebec just 16.44% for its $1.0 billion bailout in 2015. As well, Bombardier will provide a maximum $925M in loss guarantees to CSALP to 2021 and a final assembly line in Alabama? In the end all A220 assembly will go to the US. As for Q400 and the CRJ, they are “walking dead” programs, like the A380 and B747-8i, the Q400 has 66 in backlog, 32 orders this year, I count 21 orders, either way only 9 delivered in 9 months, 1.0 per month seriously? so 66 months to deliver all 66 in backlog? CRJ has 56 in backlog orders, yet only 14 delivered in 9 months, just 1.5 per month? The program lives of US regional airline orders, as the pilot scope clause allows only the CRJ900 and E175, so hate it or not, you order the CRJ900, but E175 has had 80% of US orders the past few years, and when the MRJ and E175-E2 enter the market, its all over for the CRJ program.

https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   Bombardier is on its way out of the Commercial Aircraft Business, it has crewed up royally, it went into the CSeries program blinded by marketing myopia and BS about the market, its forecasts were “fantasies” that went against all reality on the ground, it let ATR beat the Q400 and the CRJ was … Continue reading

“We are open to offers for new airline”​? Ghana’s Aviation Minister Joseph Kofi Adda. Is Ghana ready for a third attempt at a national carrier?

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/       Business News of Monday, 15 October 2018 – thebftonline.com   Tomas’s Comment:   The country has a had a rough time with its 2 national airlines, Ghana Airways from 1958 to 2005 and Ghana International Airlines 2005 to 2010 and have they learned anything? Ghana Airways has had a long … Continue reading