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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (162937)

9/25/2020 5:53:05 AM

From: TobagoJack

Respond to of 218069

suspect <<Battery Day>> shall have an after-kick that shall boost the shares tonight

in the meantime something about anyone can fly a jet, per signs & signals

bloomberg.com

Want to Fly a Boeing? One Airline Is Opening Its Simulators to the Public
Natnicha Chuwiruch25 September 2020, 11:28 GMT+8

LISTEN TO ARTICLE
Thai Airways International Pcl is opening up its Airbus SE and Boeing Co. flight simulators to the public, seeking a fresh revenue source amid the travel slump caused by the coronavirus pandemic.

Customers can get into a mock cockpit of an Airbus A380, Boeing 777-300ER, Boeing 747-400 and Boeing 737-400 starting next month, said the flagship carrier, which is coping with a debt restructuring under bankruptcy court. Prices start at $381 for two people for half an hour.

The 60-year-old carrier is facing one of its biggest challenges as travel restrictions pummel Thailand’s tourism industry. The company is restructuring about 350 billion baht ($11.1 billion) of debt after receiving court approval on Sept. 14.

Thai Airways Flight Simulator Prices

Basic package 12,000 baht : 30 minutes, two peopleDeluxe package 24,000 baht: 60 minutes, two peopleUltimate package 36,000 baht: 90 minutes, three people

The carrier earlier this month transformed its cafeteria into an airline-themed eatery complete with plane seats and trays, as well as spare parts made into tables and furniture. Cabin-crew volunteers, many of whom have not worked for months since the lockdown, are serving customers.

Thai Air joins carriers including Qantas Airways Ltd. and Singapore Airlines Ltd. in turning to innovative ways to generate fresh revenue streams amid the slump.

Read more how airlines are coping with the Covid-19 pandemic

Qantas Sells Fully-Stocked Bar Carts as Covid Grounds 747 Fleet Singapore Airlines Plans Flights to Nowhere, Straits Times Says Airlines Invent Wild Ways to Make Money With Borders Closed Times Are So Tough That Qantas Is Selling Biscuits and Tea

Thailand’s economy, reliant on tourism and trade, is set to contract 7.8% this year. The Bank of Thailand expects the nation to receive 6.7 million foreign tourists in 2020, down from last year’s almost 40 million international visitors who generated as much as $62 billion in revenue.

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To: Maurice Winn who wrote (162937)	3/16/2021 4:33:59 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218069

Something about company-down in the 5G space even as trade warriors interferes in the natural process of companies dying ... Wonder what happens to legacy telecom networks when suppliers disappear, especially when telcos are being bum-rushed into soon-might-be legacy network systems Might find out bloomberg.com Nokia Cuts Up To 10,000 Jobs as Race to Dominate 5G Heats Up Kati Pohjanpalo March 16, 2021, 3:55 PM GMT+8 The Nokia Oyj Executive Experience Center in Espoo, Finland. Photographer: Roni Rekomaa/Bloomberg Nokia Oyj will cut as many as 10,000 jobs in the coming years so it can invest more to catch up in the race to win orders for 5G networks. The measures will trim 600 million euros ($715 million) off Nokia’s cost base by the end of 2023, the Finnish telecommunications equipment maker said in a statement on Tuesday. The move doesn’t affect the outlook for 2021, it said. The decision to part ways with as much as 10% of its workforce follows an annual report that left investors disappointed by the prospect of a continued slide in revenue. Nokia said the restructuring plan could cost as much as 700 million euros over the coming two years. “It’s a massive program” that reflects “the pace of change in the industry,” analyst Kimmo Stenvall at OP Group said by phone. “The shareholder will be left with nothing, all the proceeds will go toward R&D and developing the company.” The move is part of a strategy unveiled in October to create a new operating model that Nokia hopes will help it cope better with the competitive markets it faces. That’s as Stockholm-based rival Ericsson ABhas managed to build 5G networks faster than expected, reaching profitability targets ahead of schedule. Nokia shares were 0.7% higher at 2:50 p.m. in Helsinki. The stock is up about 15% this year after falling 4.4% in 2020. Photographer: Roni Rekomaa/Bloomberg With the latest changes at Nokia, Chief Executive Officer Pekka Lundmark said that each of the company’s four business groups “has identified a clear path to sustainable, profitable growth and they are resetting their cost bases to invest in their future.” Nokia, once the dominant maker of mobile phones and Europe’s most valuable company, is a shadow of its former self after Apple Inc.’s iPhone and Samsung Electronics Co. pushed it out of the handset business a decade ago. More recently, it lost some market share in the opening salvos of the 5G race and has struggled to integrate its giant Alcatel-Lucent purchase from 2016. That’s left it trailing Ericsson and Huawei Technologies Co., and watching Samsung, a relatively new entrant in networks, take market share. Read More: 5G’s Arrival Tees Up Patent Fights in Market Set to Grow 12,000% Governments and telecommunications companies are also pushing for more supply competition and diversity to avoid becoming overly reliant on just one or two vendors again. Still, Nokia helped fill the void when the use of Huawei in 5G networks was banned or curbed in important markets including the U.K., winning major contracts with customers including BT Group Plc. R&D Push The day's biggest storiesGet caught up with the Evening Briefing. Nokia’s main units will redeploy savings into research and development. The biggest changes will impact its mobile networks, which is undergoing a turnaround to catch up with rivals in 5G gear. A revamp is also seen at the cloud and network services unit, where it needs to adjust to customers shifting away from owning products, while network infrastructure and the unit overseeing Nokia’s patent portfolio will remain largely unchanged, the company said. Patrick T. Fallon/Bloomberg France will be excluded from the changes due to previous restructuring plans, a spokesperson at Nokia said in an emailed response to questions. In Finland, where the company is headquartered, the impact of job changes will be “net positive” as recruitment focused on 5G will continue. The company said it’s too early to elaborate further on where cuts will be made geographically. More details on the plan will be unveiled at Nokia’s capital markets day on March 18. In giving no indication of the net savings, “it seems Nokia wants to be extra careful at this point and doesn’t want to promise too much,” Stenvall said. He recommends clients accumulate the stock. — With assistance by Thomas Seal (Adds industry context starting in eighth paragraph.) Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad