Budget airline Ryanair plans to offer trans-Atlantic flights as cheap as 10 euros ($12.70) before taxes to several U.S. cities from Britain and Ireland.
In an interview with Flight International magazine, Mr O'Leary, the Ryanair boss said he intended to fly to five or six US cities from Ryanair's 23 European bases before the end of the decade.
"Economy class will be very cheap - around €10. But our business class will be very expensive. There's always 10-15 per cent who'll pay whatever it costs for a wide seat," O'Leary said.
The €10 flights, which could begin by the end of next year, would be available for those booking early. Passengers would pay airport taxes on top of the fares. Mr O'Leary is expected to announce plans to buy more than 50 aircraft as part of his vision to help Ryanair beat the recession.
O'Leary said they will just have to keep flying more aircraft, opening up more routes and offering people more cheap flights.
Background
Ryanair was Europe's original low fares airline and is still Europe's largest low fares carrier. In the current year Ryanair will carry 52m passengers on 800 low fare routes across 26 European countries. We have 31 European bases and by the end of March 2008 Ryanair will operate a fleet of 163 new Boeing 737-800 aircraft with firm orders for a further 99 new aircraft (all net of planned disposals), which will be delivered over the next 5 years. Ryanair currently employs a team of 5,000 people, comprising over 25 different nationalities.
Ryanair Passenger Growth in Millions
Originally Posted: China Business Daily
Author: Angulo Fu
Monday, November 3, 2008
Ryanair to Launch Low-Fare Transatlantic Flights
Mass Transit Railway Began Construction
MTR, or Mass Transit Railway, is the rapid transit railway system in Hong Kong. The MTR was built since November 3, 1975 and first began service in 1979 and officially merged with the Kowloon Canton Railway (KCR) on 2 December 2007, still bearing the same name in English. The network includes 211.6 km of rail with 150 stations, including 82 railway stations and 68 light rail stops. The MTR system is currently being operated by MTR Corporation Limited (MTRCL). Due to its efficiency and affordability, the MTR system is a common mode of public transport in Hong Kong, with over 4 million trips made in an average weekday. The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting on the MTR.
In 1967, construction of the MTR was prompted by a government-commissioned study. The Hong Kong Government had previously commissioned a study in the 1960s to find solutions to the growing traffic problem caused by the expansion of the city's economy. Construction started soon after the release of the study, and the first line was opened in 1979. The MTR was immediately popular with residents of Hong Kong; as a result, subsequent lines have been built to cover more territory. There are continual debates regarding how and where to expand the MTR network.
Originally Posted: China Business Daily
Author: Angulo Fu
Boao Forum for Asia 2003 Anual Conference
The Boao Forum for Asia (BFA) Annual Conference 2003, originally planned for May, but postponed due to SARS, was held on November 2-3, in Boao, Hainan Province.
China's successful control of the SARS epidemic in record time made it possible for the BFA to hold the conference at its headquarters in Boao this year. Construction of new exhibition & conference facilities, and a brand new 500-room hotel as well as development of additional infrastructure have fully equipped Boao to hold such large international conferences.
The theme of the conference was "Asia Searching for Win-Win: Development through Cooperation, with the aim of generating new ideas for regional cooperation in Asia. The plenary sessions on both days provided an opportunity for Asian government leaders to interact with global business leaders and academics. All deliberated on such development prospects in the Asian economy as trade cooperation and financial security issues. At concurrent sessions in-depth discussions on such topics as IT industry in Asia, Balancing Role and Responsibility of the Media, Asian Economic Restructuring took place.
About 1,000 participants attended the conference. Prominent among them were government leaders from China and other Asian countries, economists from multinational corporations and universities around the world, and successful business leaders operating in Asia.
Established in February 2001, the Boao Forum for Asia is a non-governmental and non-profit-making international organization, has evolved into a high-level platform for Asian leaders form the government, business and academia to express views on Asia and the world. The first annual conference in April, 2002 was attended by then Chinese Premier Zhu Rongji, Japanese Prime Minister Junichiro Koizumi, ROK Prime Minister Lee Han-Dong, Thai Prime Minister Thaksin Shinawatra and other Asian leaders.
Originally Posted: China Business Daily
Author: Angulo Fu
Beijing Opened 5th Ring Road
November 1, 2003，Beijing opened 5th Ring Road. Beijing's 5th Ring Road is a ring road encircling the city about 10 kilometers away from the city centre. It takes the form of an expressway (although it is being modified in part as a city express road) and is 98 kilometres in length. Being a ring road, it has no natural start or end point, although the "0 km" mark is found near the northeastern stretch at Laiguangying, at the intersection with the Jingcheng Expressway. The expressway ring road is a provincial-level road in Beijing municipality.
All of Beijing's expressways, except for the Jingha Expressway, are interlinked with the 5th Ring Road. Being close to the Olympic venues for the games of summer 2008, it earns itself a nickname -- "Olympic Avenue".
Portions of the expressway have a maximum speed limit of 90 km/h, with the remainder imposing a speed limit of 100 km/h. There is a universal minimum speed limit of 50 km/h.
Six lanes (three up, three down) form the expressway ring road.
Originally Posted: China Business Daily
Author: Angulo Fu
Friday, October 31, 2008
Japan Food Contain Toluene and Ethyl Acetate
General Administration of Quality Supervision, Inspection and Quarantine of the PRC (AQSIQ) revealed that the toluene and ethyl acetate are detected in Japan soy sauce and mustard.
According to the Guangdong Entry-Exit Inspection and Quarantine Bureau, toluene and ethyl acetate are detected form in Japanese soy sauce and mustard sauce imported from Japan. There are three Japanese manufacturers involved in this scadal. the highest value of toluene is 0.0053mg/kg, the ethyl acetate is 0.537mg/kg.
AQSIQ said China's importers of these products have started takeing similar products off the shelf and bulk testing to ensure the safety of Chinese consumers.
Toluene, also known as methylbenzene or phenylmethane, is a clear, water-insoluble liquid with the typical smell of paint thinners, redolent of the sweet smell of the related compound benzene. It is an aromatic hydrocarbon that is widely used as an industrial feedstock and as a solvent. Like other solvents, toluene is also used as an inhalant drug for its intoxicating properties. Toluene will irritate skin and mucous membrane. There is narcotic effect on the central nervous system.
Ethyl acetate is colorless liquid has a characteristic, pungent smell (similar to pear drops) like certain glues or nail polish removers, in which it is used. Ethyl acetate is the ester from ethanol and acetic acid; it is manufactured on a large scale for use as a solvent. Also used as the raw materials of dye, medicine, flavor, and as flavor agent is used in food and animal feed.
Originally Posted: China Business Daily
Author: Angulo Fu
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