Wysłany: Pią Lis 09, 2018 08:34 Temat postu: privatize part of their services. Employees
Originating from the country of Taiwan Trey Hendrickson Color Rush Jersey , EVA Air is an international airline that provides passenger carrier service from Asia. Decades of experience have made this privately owned airline one of the best in the business. Investors from all over the world have gambled on the success of his company which has done extremely well. Ever since the inception of this company, marketing slogans have been wisely used by EVA Air to draw business. 10 years after the company started Alex Anzalone Color Rush Jersey , their slogan was “Fly EVA Air and Feel the Difference”. Years later, they have not changed their current slogan which is “Sharing the World Marcus Williams Color Rush Jersey , Flying Together”. The following is a quick overview of this airline and its rise to success. They have quite a range of airplanes to choose from, all of which are used for specific purposes when hauling cargo or flying passengers to their destinations. Boeing 777 airliners Ryan Ramczyk Color Rush Jersey , as well as the Boeing 747’s are part of the fleet of EVA Air. Most of their freight is taken care of utilizing Boeing 747s and occasionally the McDonnell Douglas MD-11. The company decided to offer freighter services to complement existing passenger services. Airline companies will usually have this type of arrangement in order to complement their own bottom line. Obviously, freight liners are in demand because cargo will always need to be shipped. Plus the operating expenses for freight are much less than passenger carrying.
The early part of the 2000s saw EVA make impressive efforts to expand their service areas. Expansion requires enough airplanes and airliners to cover all of the business that you were going to want to do. Boeing’s 777-300ER planes Marcus Davenport Color Rush Jersey , with long-range capabilities, made it possible for this company to quickly expand. Additional Boeing 777 airliners were also ordered around the same time. EVA was looking to provide destinations to the US and Europe; hence the long range aircraft. Also Drew Brees Color Rush Jersey , they placed orders for Airbus A330-200 aircraft and designated them for Asian destination service.
Their profits were on the rise and after the year 2000, EVA expanded even more. They were even flying to and from New Jersey and some other areas on the East Coast of the United States at that same time. Discontinued flights from Taiwan to Paris were put back in action in October of 2008. As usual Mark Ingram II Color Rush Jersey , as with many other airlines, destination and schedule changes were all part of their daily schedule. With expansion as their primary goal Alvin Kamara Color Rush Jersey , these subtle changes helped them achieve what they were striving to do.
EVA Air has kept on showing what can happen from considered reasoning and intelligent preparations. They gained a foothold in the early 1990s with several key alliances and eventual mergers with smaller airlines. On the other hand, EVA continued to the name of the association which procured a number of airlines. Even though they made large cost-cutting changes beginning in early 2000s Marshon Lattimore Color Rush Jersey , it still took them a few years before they posted their first profits. The end of the first decade of the 21st century looks terrific and promising for Taiwan’s own airline.
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RIYADH， Dec. 18 (Xinhua) -- Saudi Arabia is likely to take more cost-cutting measures as local experts say the country's deficit is expected to hit 69 billion U.S. dollars by the end of 2016.
The figure， albeit lower than the government projection of 87 billion U.S. dollars， is still considered high for a country that has been clobbered by the sharp drop in oil prices since 2015.
In late November， the Gulf Arab country announced that its total public debt has reached 91.2 billion U.S. dollars， with an outstanding debt of 53.3 billion dollars in the year 2016 alone.
In October， Riyadh， for the first time， issued an international sovereign bond of 17.5 billion U.S. dollars， the biggest emerging market bond sale on record， with a view to slowing the drawdown of its foreign exchange reserves， buying more time to adjust its economy， and eliminating the risk of currency devaluation for the foreseeable future.
In April， Saudi deputy Crown Prince Mohammed bin Salman Al Saudi launched a major economic reform to attract investments for profitable business projects to help the oil-rich country shake off its heavy dependence on oil.
Part of the reform is to privatize an estimated 400 billion U.S. dollars' worth of assets to promote the economy and create millions of jobs.
Power generation， among others， is a key sector that the reform aims to privatize.
Earlier this month， Ziyad Al Shiha， chief executive officer of Saudi Electricity， told local news channel Al Arabiya that there will be a plan to privatize the sector in phases.
Meanwhile， 13 ministries and government agencies are also preparing to privatize part of their services. Employees， whose jobs are outsourced， will either retire， transfer to other government bodies， or work for the private firms that handle the outsourced jobs， local newspaper Al Madina reported.
On top of the reform， Saudi Arabia has set up an investment fund of 2.7 trillion U.S. dollars for its economic activities inside and outside the country， as the government aims to save 300 billion U.S. dollars and increase non-oil revenues to 100 billion U.S. dollars in four years.
Setbacks， however， have always been lying in wait for the cost-cutting reform.
The biggest setback is the reduction of deposits at the Saudi commercial banks， despite the fact that the 17.5 billion U.S. dollar bond the government issued in October has eased part of its financial burdens.
The private sector has also been handicapped by the spending cuts， as many companies have raised concerns about late settlement from the government.