No more Hummers

Wow, things are changing fast.... So many layoffs, people moving away from California. It is becoming noticeable although the bitter-sweet storyis there will no longer be HUMMERS made, following the formal bankruptcy filing of General Motors today.






http://www.cbsnews.com/stories/2009/05/31/business/main5052840.shtml?tag=breakingnews

Remember these tshirts?

Well, here is more good news:

Now, four months into his presidency, Obama has elevated energy and climate issues to near the top of his agenda; he has made them pop by packaging them as ways to create "green" jobs and reduce U.S. dependence on imports of foreign oil. Favoring pragmatism over moral suasion, the president is attempting to make a sharp shift in national policy on an issue that many voters have yet to embrace as a priority, advisers and lawmakers say.

His efforts, combined with those of congressional Democrats, have already pushed forward groundbreaking initiatives. February's stimulus act lavished money on projects for renewable energy, energy efficiency and energy research. This month, the White House announced that it had negotiated corporate, state and environmentalist support for higher fuel-efficiency and tailpipe-emissions standards that would clamp the first nationwide limits on greenhouse gases.

Finally, the House Energy and Commerce Committee on May 21 approved a bill that would take a cap-and-trade approach to curtailing greenhouse gas emissions, inching closer to a domestic legislative compromise that has eluded climate activists for the dozen years since the adoption of the international Kyoto accords.

How long can all this last?

Ryanair said it will scrap 200 jobs at its Dublin base, seek pay cuts from workers and remove four planes from the fleet.


http://www.nowpublic.com/tech-biz/airline-layoffs-ryanair-virgin-scandinavian

Virgin Atlantic eyes 600 job cuts

http://news.bbc.co.uk/2/hi/business/7886282.stm

Virgin Atlantic has said it is consulting with staff over the possibility of making up to 600 redundancies across the business.

The airline said it was reshaping its business to ensure it remained strong during the economic downturn.

"No airline is immune from the recession," said Virgin Atlantic chief executive Steve Ridgway.

Ryan air cuts may inadvertantly help Spainish locals to save water

The airline industry's woes deepened today as it posted its biggest drop in passenger numbers in five years and Ryanair abandoned a Spanish base in a row over costs.

http://www.guardian.co.uk/business/2008/oct/24/airlineindustry-ryanair-spain-recession

As mentioned by Intuitive Blogger back in May 2008, the good news here could be that less water will be consumed by tourists in Spain as water has become a scarce commodity there.

http://intuitiveblogger-intuition.blogspot.com/2008_05_01_archive.html

Could a drop in vacation Spanish real estate vacationhomes be seen as a positive outlook for Spain's water?

How do they do it?

Ryanair are keeping prices down in climate of high oil prices

aThe Ryanair story keeps unfolding....

http://www.guardian.co.uk/business/2008/jul/28/ryanair.theairlineindustry3
Ryanair will slash fares by 5% over the winter after abandoning plans to raise ticket prices amid fears that cash-strapped passengers will be turned away by costlier flights.
....in order to stay profitable it will need to maintain load factors of around 85% during the worst economic downturn in 20 years.

Ryanair from past posts:

• http://intuitiveblogger-intuition.blogspot.com/2008/07/ryanair-lowers-altitude-with-less.html

• http://intuitiveblogger-intuition.blogspot.com/2008/07/my-intuition-thinks-ryan-air-could-go.html

• http://intuitiveblogger-intuition.blogspot.com/2008/04/was-year-2005-peak-year.html