AI flight skids off runway in Pune

first_imgPune: Passengers on Delhi-Pune Air India flight AI 849 had a close shave after it overshot the 2,535-metre runway at the Lohegaon Airport in Pune, forcing an emergency evacuation of those aboard. No one was injured. Authorities said all 152 passengers were safely evacuated, while the runway was shut down for over an hour as the aircraft had to be towed awayA number of flights between 6.27 p.m. and 7.30 p.m. were delayed as a result.“The plane overshot the runway after touching down at 6:27 p.m. It halted safely and was towed away. All passengers were evacuated using chutes and no one was injured,” said Air India officials.While many flights were delayed, details were awaited at the time of going to press. Directorate General of Civil Aviation officials said the incident was serious in nature and would be investigated. “This is a case of runway excursion, which seems to be due to excessive tail winds. But there is no damage to the aircraft. A DGCA team from Mumbai will visit Pune on Saturday,” officials said. The Pune Airport forms part of the Indian Air Force’s Lohegaon Air Base and currently handles 126 civil aircraft movements. Air India officials said that a ferry flight was being arranged to fly from Delhi to Pune for the passengers waiting to fly to the capital.last_img read more

Reps Bellino and Sheppard host St Mary Catholic Central state champion softball

first_img State Reps. Joe Bellino and Jason Sheppard welcomed the St. Mary Catholic Central softball team from Monroe to the Capitol last Wednesday. This year’s team, coached by John Morningstar, had an extremely successful season that ended with the Kestrels capturing their 3rd straight Division 3 state title.“Thanks to an excellent coaching staff and an abundance of dedication from its players, St. Mary’s softball program has entered an era similar to great sports dynasties,” said Rep. Bellino of Monroe. “I am extremely proud to be a St. Mary Catholic Central alumnus and have this opportunity to recognize these accomplished athletes at the state Capitol.”Rep. Sheppard of Temperance said: “It was a pleasure to join Rep. Bellino in welcoming this very talented team to the Capitol.  These ladies, as well as their coaches, represented their school, and all of Monroe County well and we are extremely proud of them and their success.”Both state representatives and Sen. Dale Zorn presented the team and their coach with a special tribute on the Senate floor for winning the championship.State Rep. Jason Sheppard, State Rep. Joe Bellino and Senator Dale Zorn (center) are pictured with the 2017 St. Mary Catholic Central state championship softball team and their coaches at the Capitol in Lansing. Categories: Bellino News,Bellino Photos 21Jul Reps. Bellino and Sheppard host St. Mary Catholic Central state champion softball team at Capitollast_img read more

Dutch cable operator Ziggo has confirmed that it w

first_imgDutch cable operator Ziggo has confirmed that it will launch an initial public offering on the Amsterdam stock exchange.Ziggo plans to make a secondary sale of a portion of its ordinary shares, currently held by shareholders including affiliates of private equity players Cinven and Warburg Pincus. The ordinary shares will be sold to institutional and retail investors in the Netherlands and certain institutional investors overseas.JP Morgan and Morgan Stanley are the joint global coordinators for the IPO. Deutsche Bank, JP Morgan, Morgan Stanley and UBS are the joint bookrunners; ABN AMRO, HSBC, Nomura and Rabobank are the joint lead managers and ABN AMRO and Rabobank are the joint retail bookrunners. Société Générale is co-lead manager.Ziggo is the largest Dutch operator, with 4.2 million homes passed and three million subscribers. Ziggo generated revenues of €1.48 billion, representing organic growth of 7.4%, and EBITDA of €385 million in 2011, with 71% of EBITDA converted into operating free cashflow.Andrew Sukawaty, chairman of Ziggo said: “We are pleased to announce our intention to list Ziggo in Amsterdam. The company is fully prepared for a standalone future with full access to both the debt and equity capital markets. The IPO has always been a strategic priority and will be an important milestone for Ziggo. I believe Ziggo is ideally suited to the public equity markets, offering strong differentiation through a unique combination of both growth and returns for investors seeking high quality exposure to the European cable growth story.”Bernard Dijkhuizen, CEO of Ziggo, said: “We have strong growth momentum, based on a fully upgraded network, high quality products and continuous customer focus. The IPO is the logical next step for Ziggo. We will become a newly listed Dutch company, with the enhanced capital markets profile to support our growth strategy, in line with our scale and status as one of Europe’s leading cable operators.”last_img read more

The video market on fixed and mobile networks worl

first_imgThe video market on fixed and mobile networks worldwide is likely to grow by an average of 3.2% between now and 2025, according to French research group IDATE.The estimated growth figures include average 2% growth for live TV and 14% annual growth for on-demand services.Growth will be lower in developed markets, according to IDATE. Across Germany, France, the UK, Italy, and Spain, average annual growth will stand at 1.6% from 2013 to 2025, with the live TV market, including broadcasters’ catch-up TV services,  in decline by 0.7%, while on-demand services experience an average annual increase of 18.5%.IDATE said that, while growth was likely to follow this ‘middle of the road’ pattern, it has also provided best and worst case scenarios. In the worst case, it said, disruptive entrants will lead the video services market in the top five EU states to decline by an average of 0.8% a year. In the best, case, growth could amount to 3.9% annually, including 2% growth for live broadcasting services.last_img read more