Thứ Năm, 31 tháng 7, 2014

Quartz Daily Brief—Europe edition—Argentina"s default, Snapchat"s funding ...

What to watch for today


John Kerry finds a friendlier crowd in India. The US secretary of state is on a three-day trip that he hopes will go better than his disastrous visit to the Middle East. The fifth annual India-US Strategic Dialogue will be a chance to build relations with prime minister Narendra Modi’s new government.


The Czech Republic holds at “technical zero.” The Czech central bank, struggling to push inflation back up towards its 2% target, will likely hold its benchmark interest rate at 0.05% and continue weakening the koruna against the euro (paywall).


A turnaround in the euro zone? Eurostat releases its preliminary consumer price index. Analysts will be looking for signs that the core inflation rate strengthened in July due to European Central Bank president Mario Draghi’s expansive monetary policy measures.


Tesla’s halfway report. The electric car maker targeted 35,000 deliveries this year, and its second-quarter earnings offer a glimpse into its progress. Investors will be hoping for news on the company’s anticipated $5 billion “gigafactory” plant for making batteries, which could be as big a business for it as cars.


News from the oilfields. ExxonMobil, ConocoPhillips and Royal Dutch Shell all report earnings, which could be interesting after the last few months’ turmoil in oil-producing regions.


Can Brazil pay off its debt? Latin America’s largest economy releases figures for the primary budget balance of the country (paywall), including state and municipal governments, which will give investors a peek into whether the country is able to service its debt, which Standard Poor’s downgraded earlier this year.


Correction: In yesterday’s brief we referred to Argentina as Latin America’s largest economy; it’s the third or fourth largest, depending on whether you ask the Argentinians or the Colombians.


While you were sleeping


Samsung had its worst quarter in two years. Q2 operating profit fell 24.6%, in line with the company’s guidance, but it also warned that the second half of the year “will remain a challenge” as its smartphones are squeezed by intense global  competition. Samsung’s top-of-the-line Galaxy S5 phone was outsold by the iPhone, and cheaper Chinese phones are gaining market share at the cheaper end of the market.


Argentina defaulted on its debt. The deadline passed for a $539 million payment on bonds due in 2033 and Standard Poor’s declared the country to be in default. A court-appointed mediator said Argentina’s government has reached no deal with its holdout creditors, but there are reports of a side deal between the holdouts and banks that could mitigate some of the economic pain.


China was told to grow slower. A report from the International Monetary Fund recommended GDP growth of just 6.5-7% in 2015. China’s target for this year is 7.5%, but achieving this relies too much on unsustainable government investment, the report said.


UK consumer confidence took a surprise fall. The GfK NOP survey showed the first fall in six months in July, after a nearly-10-year high in June. A general election is due in May 2015, and the cost of living is becoming a hot topic.


Snapchat is raising serious cash. The photo messaging app is in talks for a new funding round that would value it at $10 billion, and Chinese e-commerce giant Alibaba is a potential investor. If the funding comes together, Snapchat looks smart for spurning a $3 billion acquisition offer from Facebook not long ago.


The Fed held steady. The Federal Reserve cut its bond-buying stimulus by $10 billion a month, as planned, and left short-term interest rates unchanged.


Quartz obsession interlude


Roya Wolverson on why business travelers should think twice about booking with Airbnb. “Airbnb bookings aren’t always the bargain they appear to be. That’s partly because business travelers are more likely to need an entire apartment for work privacy, not just someone’s spare room. A US city-by-city study by the web data company Priceonomics found that while renting a private room on Airbnb is about half as expensive on average than staying in a hotel, renting an entire apartment is less of a bargain, with a cost savings of just over 20%.” Read more here.


Matters of debate


Singapore’s surveillance state is a big data lab. But can it create a harmonious society?


Europe’s museums are too popular. Overwhelming crowds are forcing institutions to choose between accessibility and art preservation (paywall).


The end of the big-box store era will soon be upon us. Customers are edging away from Target and Walmart and turning to the web or smaller boutiques.


Nintendo’s empire is doomed. Smartphones and tablets threaten the console business.


Surprising discoveries


A copper shrub cools a computer without fans. The metal foam heat sink is certainly an attention-grabber.


There are geysers on one of Saturn’s moons. The jets spotted on Enceladus suggest there are deep oceans of water that could potentially harbor life.


Washington, DC is having a baby boomlet. The government shutdown nine months ago gave federal employees a lot of spare time.


A blood test could predict your risk of suicide. It picks up a genetic mutation in how the brain deal with stress.


Our best wishes for a productive day. Please send any news, comments, Saturnian geyser photos, and puppy modeling shots to hi@qz.com. You can follow us on Twitter here for updates throughout the day.


Sign up for the Quartz Daily Brief here, tailored for morning delivery in Asia, Europe Africa, and the Americas.



Quartz Daily Brief—Europe edition—Argentina"s default, Snapchat"s funding ...

What You Need To Know About Registering Your Indian Start-up In the Us Or ...

Thinking about giving up on the rat race and giving into your dream of being the proprietor of a start-up? Great idea, especially because Indian start-ups seem to be going places these days! But amidst all the enthusiasm and excitement, you seem to have forgotten one major factor – the registration of your start-up.

Registering your start-up compels you to think about several questions that should be at the grassroots level of your business strategy. Very often, proprietors consider registering their company to be just another bureaucratic process to get out of the way. In this way, many important standpoints, such as deriving a name, selecting a business structure and securing the necessary permits, are brushed under the carpet.


Unfortunately, if ignored, these are issues that might rear their ugly head when you least expect it. Having said that, the laws in India aren’t as start-up-friendly as most entrepreneurs would have liked them to be. As the business owner of a start-up that you would like to register, where does that leave you? It leaves you with exploring other options like the United States and Singapore. Here is what you need to know about registering your startup in the US or in Singapore from India.


Registering your start-up in Singapore
Singapore is said to be one of the most politically stable economies in the world. Its high ease of operations is due to its almost negligent rate of corruption. Its strategic location too, makes it the perfect hub to gain access to the South East Asian markets. Without a setup in Singapore, it would be impossible to break into markets such as Indonesia, Vietnam, Malaysia, and the Philippines, as language and cultural bridges are crossed.


Government aid in Singapore
There are many government entities that lend their support to start-ups in Singapore, such as the Economic Development Board, SPRING – an agency under the Ministry of Trade and Industry, and the Accounting and Corporate Regulatory Authority.


The way forward
A branch office, subsidiary or a representative office may be set up by a foreign entity in Singapore. For an individual residing in India, and wanting to set up a new company in Singapore, the road is pretty straight forward.


  1. Applying for a visa

Procuring a visa is one of the very first steps for a foreigner who wishes to work in Singapore. The Singapore Government launched the EntrePass scheme in 2004 for the facilitation of the entry of entrepreneurs who were considering starting up and operating a company in Singapore. This multiple entry visa is issued when a sound business proposal is submitted. It has an initial validity period of up to two years and is renewable.

  1. Setting up a branch, company, or representative office

In Singapore, 100% foreign ownership of the locally incorporated companies is permitted. Here are a few nuances to bear in mind while setting up an office in Singapore.
· The registration process, legal liabilities and activities permitted vary depending on whether the entity is a branch office, a company, or a representative office.
· Every new business that operates in Singapore must be registered with ACRA. ACRA offers business and regulatory guides for startups that are available for sale.
· A Singaporean subsidiary of a foreign company is taxed as a Singapore entity as it is treated as a separate legal entity.
· Since a branch of a foreign entity is treated as an extension of that foreign entity, the income generated isn’t eligible for incentives or tax exemptions.
· A representative office is only feasible for liaison work on behalf of the parent entity or for market research. It is only a temporary setup without a legal persona. It does not have the capacity to engage in any business or trading activity.

Registering your start-up in the US
The United States is a great place to register a start-up. For instance, one of the easiest states to register a start-up is Delaware. Your cost to company might be as little as $350 and might just take a day to set everything up. The laws in the US are different from state to state. While the same registration system does not apply to the rest of the United States, the state of Delaware is particularly start-up-friendly.
There are three main ways that one can register:


  1. Incorporate a US subsidiary

This is a great option that is easy to set up and operate. It works best if the purpose of the U.S company is limited such as marketing and managing US customers of the India-based company.


  1. Reincorporate the Indian company as a US parent company

This might be a viable option if the investors, strategic customers, or partners are located in the United States. In this strategy, special attention needs to be paid to tax issues, shareholding, boards, structure management and the valuation of the shares of the Indian company. The IP can be licensed either directly to the Indian customers through the website, or to the Indian company for sale in India.


  1. Incorporate an Independent US company

While this strategy is also easy to set up and operate, it isn’t a good option there is any restructuring needs for US licensing, financing or potential exit.

Entrepreneurs may start up believing that since their market is India their location will be the same. But fast-forward a couple of years, and they might be thinking of expanding. That is when the roadblocks start to pop up. You have a better chance of success if you structure the front-end of your start-up in such a manner, that though it is set up in India, its registration will be in places that are more start-up friendly.



What You Need To Know About Registering Your Indian Start-up In the Us Or ...

Malaysia PM in Netherlands for discussions over MH17 disaster


Malaysian Prime Minister Najib Razak arrived in the Netherlands Thursday (July 31) for a two-day tight working visit over the Malaysia Airlines (MAS) Flight MH17 crash in Ukraine.




File photo: Malaysian Prime Minister Najib Razak addresses a press conference at a hotel in Sepang. (AFP/Manan Vatsyayana)



AMSTERDAM: Malaysian Prime Minister Najib Razak arrived in the Netherlands Thursday (July 31) for a two-day tight working visit over the Malaysia Airlines (MAS) Flight MH17 crash in Ukraine.


He is scheduled to meet with his Dutch counterpart Mark Rutte during the visit, the primary aim of which is to help expedite the repatriation of the remains of the Malaysian victims of the tragedy.


Najib flew into Schiphol International Airport at 8am (2pm Malaysia/Singapore time), accompanied by his wife Rosmah Mansor. Health Minister Dr S. Subramaniam, Deputy Foreign Minister Hamzah Zainuddin, Department of Civil Aviation (DCA) director-general Azharuddin Abdul Rahman and MAS chief executive officer Ahmad Jauhari Yahya were also in Najib’s delegation.


Najib is scheduled to travel to The Hague and then to Hilversum as part of his visit. It is at Hilversum that the remains of the air tragedy victims are undergoing identification and forensic process.


Malaysian Ambassador to the Netherlands Dr Fauziah Mohamad Taib had said Wednesday that Najib would meet first with Rutte in The Hague and then leave for Hilversum. In the evening, he is scheduled to host a dinner for Malaysians in the Netherlands.


The MAS flight, MH17, was flying from Amsterdam to Kuala Lumpur when it went down in Donetsk, eastern Ukraine, near the Russian border on July 17. The Boeing 777-200 aircraft, which was carrying 298 people – 283 passengers and 15 crew – is believed to have been shot down, but until today no one has claimed responsibility.


The remains of the victims were flown from Ukraine to the Netherlands. Dutch nationals, at 193, comprised the largest number of passengers on Flight MH17.




Malaysia PM in Netherlands for discussions over MH17 disaster

Around the World: An Interview with Amelia Rose Earhart

Amelia in command of the Pilatus PC-12NG – Photo: Amelia Rose Earhart


On the 2nd of June, 1937, Amelia Earhart began her journey around the world – the one that would end somewhere over the Pacific.  On June 26, 2014, Amelia Rose Earhart began her journey around the world to recreate that famous flight.  However, this Amelia completed that journey successfully, touching down after 19 days in Oakland, California.


Piloting a Pilatus PC-12NG, Amelia and her co-pilot Shane Jordan circumnavigated the globe, visiting 14 countries along the way and sealing her fate as the youngest woman to circle the globe in a single-engine aircraft.


Almost a year ago, I was present for Amelia’s announcement of the flight at Oshkosh 2013.  Since then, I’ve followed along like so many others on Twitter and other social media.  Now that Amelia is back, I was given the chance to talk to her and ask her about her amazing journey.



The Pilatus PC-12NG that took Amelia Shane around the world. Problem free for 108 flight hours – Photo: Amelia Rose Earhart


Mal: So everything went successfully with your flight then?
Amelia: It really did. We had fantastic weather the whole time, the aircraft was perfect, we had no squawks on the entire mission – it was 108 hours of flight and to have no issues the entire time is pretty amazing.  I am sure you saw some of the photos coming out, it was stunning views and really nice people along the way.


Mal: I did see some of the photos.  So not a single Squawk at all on the PC-12?
Amelia: Not a single squawk, we are all so impressed by that. Also it’s a brand-new airplane which, as you know, comes with its own fair share of issues on the newer side and also on the older side.  We had great performance; the engines performed perfectly.  We were running daily data checks from the engines, sending them to Pratt Whitney and we also had no performance issues on the entire route.


Mal: That’s great!  What challenges did you have to overcome to get to the start of the flight and make it so successful?
Amelia: We had a team of around 60 people that were working on this flight together from the Honeywell Avionics side all the way through to Jeppesen with the route planning, plotting, and handling.  Some of the challenges we saw came from choosing the right time weather-wise to go on this trip.  We were really locked in for June or July for this trip.  


I am studying to be a meteorologist right now, so I love the weather side of this flight.  We looked at climate data for the last 100 years we knew that especially around the equator and the convergence zone we needed to go in these two months. So we were really watching closely for weather.  


A couple of the challenges we saw early on in the flight were some volcanic activity out near Singapore, so were were tracking the ash clouds developing over toward the second half of our trip, but those turned out to be no problem whatsoever.


Of course, we were also tracking the thunderstorm activity around the equator and also the tropical systems moving across the Pacific, that basically tracked several thousand miles ahead of us as we were flying.  I certainly don’t mean to make it sound like an easy flight, but it was so smoothly executed.  


Everywhere we went had plenty of fuel, which is always a concern, especially if you get out toward the islands in the south Pacific, because if you run out of Jet A, you are waiting for the next boat out of Fiji.  


A lot of the locations we flew into did not have Prist pre-mixed into the fuel (the anti-icing substance that is mixed into the fuel tank, so that when you’re up at altitude and things get cool you don’t) so we had to carry a full case of Prist (25lb box) which added to our weight and balance.  We sprayed the Prist in by hand at a lot of the locations that were sold out.

Mal: What was one of your favorite moments throughout the trip?
Amelia: I have several, but I have narrowed it down to a few poignant moments, one of which was flying over Howland Island, and that’s where Amelia intended to land after she left Papua New Guinea.  


We had very cloudy weather as we departed PNG, and we were making our way, first of all, into Tarawa and then the leg from Tarawa heading to Christmas Island was when we had our waypoint over Howland Island into the flight plan to overfly. I was really nervous about the cloud.  Although we could fly through anything weather-wise that we needed to in the PC-12, at the same time I needed that visibility, I needed to see Howland with my own two eyes, as it was such a pivotal part of the trip.  


So the clouds were pretty thick all the way out and, I am not kidding, but it sounds so coincidental, about 10 miles out from Howland the clouds just cleared out and we had crystal clear visibility all the way down to the surface from 27,000ft.  For me, that was a sign from Amelia, you know, something happened there to push those clouds out.  In 1937, when Amelia was flying, she wanted with all of her being to find that island, and to come in for that safe landing. So the fact that I got to see that island, as her namesake, trying to honor her flight the best way that I knew how, that was really special for me.  


Howland Island – Images: Wiki Commons


Mal: I guess that leads into my next question; how did seeing Howland Island personally affect you?
Amelia: The way that it personally affected me was that I gained a whole new sense of respect for Amelia.  Don’t get me wrong; I have respected her my entire life, I have looked up to her, she has been a role model and the most influential woman in my life, but seeing how tiny that island is, in the midst of thousands and thousands of miles of ocean in the south Pacific…  


Knowing that she had just the bravery to go and search for that island with the limited navigation that they had back then (celestial navigation), limited radios, and a navigator that was most likely doing his best to find it, but between the two of them they just couldn’t do it.  But to know that she was brave enough, taking off looking for that small place, was just incredible.  It took my sense of exactly who Amelia was to a whole new level.


Mal: Were there any unexpected situations during the trip, be they good or bad?
Amelia: There were, but I will talk about Papua New Guinea (PNG), because it was the part in the trip where I felt like the planning and all the work we did into getting there safely, and doing the right thing, didn’t really matter at that moment.  We were dealing with a situation that was out of our control.  


We very specifically wanted to land in Lae, rather than Port Moresby.  We were advised not to fly into there, security-wise. Lae makes a lot more sense as there is a bit more tourism in that area, so it makes it just a little bit safer.  It was also where Amelia landed, and her historic landing site was just a few miles away from the current airport.  Well, we get there and the customs agent in PNG claims that our customs paperwork is filed to clear customs in Port Moresby.  They refuse to come out and see us, saying we can just take off and fly to Port Moresby, which was about a 20 minute flight time away.  But you know, we have a full gas tank and safe landing weight due to that would mean a three-hour flight to burn off all that gas.  We had already flown, I believe, an eight-hour day to that point.  It was starting to get dark and we had no intention of flying around PNG in the dark to burn fuel to an airport when our customs agent was meant to meet us in Lae.  


So we tried everything, we tried to offer cash, we tried using the fact that the whole world was watching this trip, suggesting it would be in everyone’s best interest if the customs agent would just come to us.  It took a long time, but we on the tarmac with about 10 people on the outside making sure we didn’t get out of that plane for four hours.  The temperature outside was around 80-90 degrees, humidity almost as much in Papua New Guinea – we were absolutely boiling in that plane.  When there is no bathroom on your plane and you fly for eight hours, onboard for four hours more and then another 45 minute drive to your hotel after that, it makes for a very long day.


Mal:  That I can understand, and it brings up a good point.  Not so much bathroom-wise, but I saw a tweet at one point that said you were in control and your co-pilot Shane was in the back doing push ups.  How did you keep yourselves so busy and entertained during those long over-water stretches?
Amelia: *laughing* That is a good point. Luckily, Shane is a great conversationalist so we always had a lot to talk about.  There were times though when you get sleepy because the hum of the aircraft almost lulls you to sleep, because it is such a warm cockpit.  We would eat; we packed a lot of snacks to keep our energy up, we would also listen to a lot of music.  However, both of us are pretty active people so I said “Shane, I hope this is OK with you but I am going to bring a yoga mat and put it behind the fuel tank and if one of us wants to go back and stretch then we can do it.”


So we would periodically switch off, and Shane would go back for an hour or so and still get things done.  But one of our favorite times in the flight was being alone in the cockpit, especially over the open ocean; there is just such a feeling of adventure there.  It was a very serene thing for me.  



The “Push-up tweet” in question – exercising at 27,000ft




Mal:  How did you keep the food situation interesting?  Did you pick up food as you went around the world?
Amelia: The answer to your question is we didn’t –  we didn’t keep it interesting.  Towards the end I don’t think I could stomach another square-shaped protein bar ever again.  I have so many leftover snacks in our office that I was hungry recently and tried to eat one.  I got about a quarter way through it and just thought “I can’t do this.”


We packed as many things as we could that we could get through customs.  As you know, you can’t bring any fresh fruit, vegetables, or meat products into a country.  We tried to sneak on as much beef jerky as we could, but even that got tiring after a while.  Along the way, in cities where we could pick up just a few snacks, we would.  One situation, that I won’t take ownership of… Shane decided to purchase some lunch meet.  In Singapore, Shane went into a convenience store and decided to purchase some “ham”.  He brought it back along with a loaf of bread and we made some sandwiches.  It was the most horrific thing I have tasted in my life.  I thought “if I eat this, there is no way that I am not going to get sick on this plane.”  Both of us lost a pretty significant amount of weight.  I came back six pounds lighter and Shane lost about five pounds as well.  There just really weren’t that many options.

Mal: I hope you brought back some Vegemite from Australia!
Amelia: *laughing* No we didn’t get a chance to try that.  We did have a great time in Australia though, as we had a rest day in Darwin.  All I really wanted was toast and eggs at that point, and I absolutely got it.


Mal: So what advice would you give to someone wanting to take on a similar flight?
Amelia: You have got to have the determination of an Olympic athlete to pull this off.  I am not saying that to brag on myself; I had an incredible team to support me.  But unless you are fully committed to bringing this through all the way to execution and running yourself into complete exhaustion, financially it is very tough.  It is absolutely going to dominate your life, especially in the last six months of your planning.  


Give yourself at least a year to plan, if not more.  I took a year and a half and I still needed more time.  Your family will get frustrated with you, your friends will say that you have disappeared off the face of the earth.  But that being said, if it is in your heart to do that, and it is your true passion, it is absolutely 100% worth it.  As long as you are willing to accept the fact there is a lot of risk involved with crossing the ocean.  



Amelia Shane in Singapore – Photo: Amelia Rose Earhart


Mal:  So how did your friends and family react to the whole trip?
Amelia: They were very supportive, the whole way through.  My dad, though, he is an interesting case.  He was one of my biggest cheerleaders going into the flight, but it affected him emotionally in a way I never could have imagined.  When we took off he wasn’t able to be there on the departure, but he would be there on the arrival.  


So when we are bringing that plane in on the final landing into Oakland, my dad is in the crowd and behind him his is one of the Presidents of one of our sponsors watching him react.  He broke down and he was crying and saying he couldn’t handle it, it was emotional, but he was proud.  I think it was the stress of having his daughter go away for 18 days, in a small aircraft where technically she is in command of that plane. Yes, I did have Shane there with me, helping make decisions, but it was up to me to say if we went or if we stayed.  I tried as much as I could to text message him with our handheld GPS device we were using.


Everyone else was fine, my mom just ate the whole thing up.  I think it was a really joyful time for her, because she is very in to social media, so she was tracking the whole flight.


Mal: There was a lot of us following along and tracking the flight.
Amelia:  That was a very joyful moment for me, being able to keep track of the reactions and the conversations and the feedback about the flight, both negative and positive.  The negative doesn’t bother me around this flight and it is just a great story.  If everyone thought that what I was doing was a great idea, or the way I was doing it was a good idea, then it wouldn’t really even be worth doing it.  It was beautiful because it was a conversation.


Mal:  What have you personally learned as a result of this experience?
Amelia: I have learned that I can now fly anywhere in the world, communicate with any type of person, cross any ocean, and really be a problem solver with very limited access to resources.  I mean that in the flying sense, but also in business and personal relationships, just anything that you come across. When you are truly away from your comfort zone and away from your comfortable elements of home, like your laptop and your high-speed internet connection, then you can get a lot of things done.  


You are on a tiny island atoll in the middle of the south Pacific with no internet, no phone service, and people who don’t really care whether or not you are there or if you get to your hotel, or have fuel in your plane.  That’s when you really start thinking to yourself, “How can I develop a relationship with the people that I am working with to get the results we want to see.”


We built a lot of friendships; we basically connected with a lot of people in ways that even I don’t think they expected us to.  I also learned that outside of the U.S., especially, it is very strange to see a woman in charge of an aircraft.  Not one handler, anywhere in the world at any of our stops, ever once asked me how much fuel we needed when we landed.  They all went straight to Shane, even though on the paperwork it said “Captain: Amelia Rose Earhart.”


There were times when Shane was still onboard the aircraft, still organizing things inside.  I was outside; I had conversations with the fuelers and the handlers, yet still not one person asked me.  I kind of held back; I wanted to see if they would ask, it was a bit of a social experiment for me.  It was so compelling to see, that if there was a man around on an aircraft, he is just automatically assumed to be in charge. That is something I really want to change.


That is why I know the Foundation is so important; we are putting girls through flight school so that we can see more pilot and co-pilot situations where there are two women.  I can’t imagine what reaction would happen in some of those places if two women would have hopped out of a plane.  I don’t know what they would have thought, said, or how they would have reacted.


Amelia Rose Earhart’s route map to circumnavigate the globe – Image: Amelia Rose Earhart


Mal: What message do you have for young women, and men as well, who see your flight as inspiration to get into aviation?
Amelia: My advice is, if you feel it even in the slightest bit, if you feel that pull towards the adventure of getting into a plane and getting up into the sky, you have to explore it.  It is going to nag at you for the rest of your life even if you think you have tucked it away in the back of your mind.  For me, I have a great team helping me along, but in the beginning, no one else was paying for my flight lessons, no one was giving me fuel, no one was saying “here take this opportunity and go fly.” 


I worked three or four jobs at a time; I would get out there and bust my butt to raise enough money to take flight lessons and for a lot of people, that is exactly what it is going to take.  In the end, it is absolutely worth it.  There are difficult times where it is every last penny you have to get up in the sky, that is just the same kind of feeling I had on this adventure.  We had a lot of people helping us out, but it was every last bit of my energy over the last year that I have poured my heart into it.  Even though I was tired, hungry, and ready for the trip to come to a successful end, it felt so good to pour 100% of myself into one thing in my life.  So that is how aviation should feel.


Mal: Now that the flight has finished, what direction are you going?
Amelia: So I am definitely going to stay in aviation.  I left my job as a TV broadcaster, where I was working for NBC for eight years.  I loved the job and I loved the flashiness of it, but my heart is absolutely up in the sky and when I don’t fly very often I have that pull, that desire, to get back up there.  So now I can take the foundation to a whole new level, which is very exciting for me to know that we can put girls through flight school and create more AvGeeks, as you like to say.  


We are writing books about the world flight, and the talk of the books isn’t just to say “here is what happened on the flight around the world” it is here is how to have your own version of a “flight around the world”, which is your personal adventure.  It may have nothing to do with flying, there are so many metaphors and so many different aspects of flight to look at in terms of any adventure that you want to have. I definitely want to inspire a lot of people with that.  I am working on a children’s book about a little girl who flies around the world and that will all go to benefit the Fly with Amelia Foundation.


Looking at the time Amelia spent around the world and hearing her words, I am absolutely inspired myself.  Although I can’t get up in the air and fly my own plane around the world, I look at this journey as inspiration and remember that if I want something so badly, I just have to get out there and do it.



 

 Malcolm Muir – Managing Correspondent 

Mal is an Australian AvGeek now living and working in Seattle. With a passion for aircraft photography, traveling and the fun that combining the two can bring. Insights into the aviation world with a bit of a perspective thanks to working in the travel industry.


 @BigMalX | BigMal’s World | Photos




Our Other Airline Stories



Around the World: An Interview with Amelia Rose Earhart

Insider"s guide to smooth summer holiday travel

Summer is one of the busiest times for air travel, and a stressful experience can sour the start of any holiday. With a bit of forward planning, however, you can breeze through the airport and enjoy your flight without getting caught up in the usual travel mayhem. From free upgrades to preselecting the best seat in economy and ensuring a smooth transfer between flights, all it takes is a little know-how and some good luck.



Choosing a seat



A comfortable seat can make or break a flight. There’s nothing worse than being stuck in a cramped middle seat on a 16-hour flight – thankfully, many airlines allow you to select your seat before checking in, although some do charge for the privilege. To help you make a decision, there are websites and smartphone apps that give you the lowdown on the best seats on the plane. The website and app SeatGuru identifies the best and worst seats on a flight and rates airlines by seat comfort and in-flight entertainment. Users can search by airline, route and flight number. The app also allows users to track flights, so you’ll know whether you’re likely to leave and arrive on time.


For the record, the worst seats are those near bathrooms and galleys because of the noise and foot traffic, while seats in the last row and those backing on to an exit row often don’t recline.


Visit www.seatguru.com for more details.



Overbooking



As a general rule, most airlines overbook flights by 20 per cent to allow them to fill planes even when passengers fail to board. Unfortunately, this means that they often need to bump passengers off the flight if everyone shows up. If you have the luxury of flexibility, this can be a great way of earning some extra cash or a free flight, but it pays to know the airline’s policy in the country where you’re denied boarding and what you’re entitled to. Some airlines offer cash, while others offer vouchers. Some may provide accommodation and meals, depending on the length of the delay, but all will provide a seat on the next available flight.


For example, being bumped off a flight with Emirates from Dubai to Brisbane, Australia, will result in a seat on the next flight, hotel accommodation and meals until that flight, transport between the hotel and airport, and a flight voucher for the same route, valid for 12 months.


Airlines rarely publish their overbooking policies online, so ask to see this if you’re bumped from your flight and you want to know where you stand.



How to get an upgrade



Free upgrades are almost a thing of the past, but there are still ways to boost your chances of scoring a seat in the pointy end of the plane.


One former flight attendant for a UAE-based airline, Maria Clelland, from New Zealand, says that the key to securing an upgrade is being a member of the airline’s frequent-flyer programme. “If a flight is overbooked, upgrades will be given to passengers with the highest number of miles,” Clelland says. “And it’s more likely that overbooking will occur on the busiest sectors, such as London Heathrow, Sydney and Toronto.”


Niall Meaney, a regular flyer with Emirates Airline, from Ireland, agrees. “It definitely helps if you have the airline’s gold or platinum card. I was only once upgraded with entry-level membership, but it became a regular occurrence once I obtained gold membership,” he says.


Meaney’s top tips include arriving at the last minute and not checking in online – if you’re a gold-card holder, you won’t run the risk of being bumped off the flight, even if it is overbooked, he says. “The airline may think you’re a no-show and sell your seat – they usually oversell capacity by up to 20 per cent anyway. If they have bumped you off and you’re a gold-card holder, they will put you back on and bump someone else off if necessary. If economy is full and the other classes aren’t, you have a greater chance of being upgraded.”


Finally, Clelland advises always being polite and courteous to staff at check-in and at the boarding gate, as they wield much of the power when it comes to upgrades. But if you’re travelling with children or as part of a group, forget it.



At the airport



Not all airports are created equal. Smaller ones may be great for transiting quickly, but a bore if you have a longer layover. The reverse is true for larger airports – they’re great for shopping and passing the time, but don’t expect to get from one end to the other in a hurry.


Singapore’s Changi Airport has been voted the world’s best airport for the second year by air-travel-rating agency Skytrax. Its range of leisure and entertainment facilities, such as free foot massages, city tours and blockbuster movie screenings, as well as impressive shopping and dining options, scored it higher than any other. In short, it’s great for layovers.


Deirdre Smyth, a former travel agent from Ireland, rates Miami International, Guatemala City’s La Aurora International and London Heathrow airports as her least favourite. “Miami because of the queues at immigration, Guatemala because of the scary landing between mountain ranges and Heathrow because it is huge, exhausting and stressful,” she says. “Madrid Airport Barajas, and Spanish airports in general, are great for ­shopping.”


Clelland rates Australian airports, particularly Melbourne, as the strictest for quarantine, the United States as the toughest for customs, Asia for the friendliest officials and African airports as the worst for lost baggage.


If you’re looking for picture-perfect scenery, however, you can’t go past Thailand’s Koh Samui Airport, pictured below, where the open-air departures lounges look more like resort huts than a terminal.


To see how your next airport rates, visit ­www.worldairportawards.com.



Connecting flights



Ensuring that you make your connecting flight can be one of the most stressful experiences when flying, especially if you are short on time. Some airports are worse than others when it comes to transiting. For example, when connecting through Manchester Airport, all passengers must pass through stringent security and the queues are often lengthy. Smyth recommends allowing at least two hours between flights when connecting through this English hub. In general, the larger the airport, the more time you’ll need.


Similarly, when transiting through Singapore, passengers must go through additional security checks at the gate and will not be allowed to take liquids on board – even those purchased in the airport. It’s best to save the duty-free perfume purchases for your arrival.


To help make the transit process more seamless, Clelland advises making it clear to check-in staff that you have a connecting flight and asking for your luggage to be checked through to the final destination and marked with a “quick transfer” tag. “If you have a short connection time, it also helps to ask the check-in staff if there is the possibility of being seated close to the front of the aircraft for quick ­ disembarkation,” she says.


Tough security measures have taken the glamour out of air travel, but remember to keep smiling – you’re on holiday.



Insider"s guide to smooth summer holiday travel

India Drops Claim to Unlock Offshore Oil in China Contrast

If good fences make good neighbors, that may explain why much of Asia’s recent territorial tension has centered on the ocean.


India took a step toward tighter ties with Bangladesh this month in surrendering its four-decade claim to a swathe of the Bay of Bengal about the size of Lake Ontario, opting to heed a United Nations-backed ruling. Bangladesh praised its neighbor’s move, with the head of state-run oil monopoly Petrobangla saying the newfound clarity will unlock drilling opportunities.


The decision provides a contrast with China, which declines to acknowledge any UN jurisdiction in its dispute with the Philippines over maritime claims. The difference in approach shows why tensions are rising in the South China Sea as companies ramp up oil and gas investment in the Bay of Bengal.


“This is a showcase judgment of how countries can reach an amicable agreement,” said S. Chandrasekharan, New Delhi-based director of the South Asia Analysis Group, referring to India and Bangladesh. “The South China Sea is a glaring example of how one intransigent country can hold up everything.”



The Permanent Court of Arbitration on July 7 awarded about 19,500 square kilometers (7,500 square miles) to Bangladesh, some 76 percent of the area under dispute with India. The move followed a decision last year that clarified Bangladesh’s sea border with Myanmar.


Exploration On


“The award puts an end to a long standing issue between India and Bangladesh which has impeded the ability of both countries to fully exploit the resources in that part of the Bay of Bengal,” V.K. Singh, junior minister in India’s Ministry of External Affairs, told lawmakers yesterday. “The peaceful settlement of this issue on the basis of international law symbolizes friendship, mutual understanding and goodwill between the two countries.”


The cooperation has opened up access to energy exploration for India and Bangladesh, which now account for less than 1 percent of the world’s proven gas reserves, according to estimates by BP Plc. By year’s end, Bangladesh plans to auction 18 oil and gas blocks in the Bay of Bengal, including 10 previously claimed by India, according to Hossain Mansur, chairman of state-run Petrobangla.


“It’s now a big opportunity for us to explore sea blocks for oil and gas without disruptions,” Mansur said by phone from Dhaka on July 23.


India Studying


Oil Natural Gas Corp. (ONGC), India’s biggest energy explorer, will study the blocks and may make a bid, according to D.K. Sarraf, its New Delhi-based chairman.


“It’s good for the oil and gas industry,” Sarraf said by phone of the Bangladesh ruling. “This should increase activity in the region.”


In the South China Sea, oil and gas exploration has been contentious. Chinese ships have cut the cables of survey vessels working for Vietnam and the Philippines, while state-run China National Petroleum Corp. this year moved a deepwater rig into a disputed area despite objections from its neighbors.




Paul Reichler, a Washington-based lawyer for Foley Hoag LLP who represented Bangladesh in its case against India, is also working for the Philippines as it seeks a ruling from the same court on China’s claims. China has declined to participate, telling the court last year it “does not accept the arbitration initiated by the Philippines.”


‘Odd Man Out’


“The fact India has accepted this judgment without question puts a little pressure on China,” Reichler said, adding that China is the first country to refuse to participate in arbitration under the UN law of the sea. “It makes China look that much more like the odd man out.”


The South China Sea is estimated to have as much as 30 billion metric tons of oil and 16 trillion cubic meters of gas, which would account for about one-third of China’s oil and gas resources, according to the official Xinhua news agency. Vietnam and the Philippines reject China’s “nine-dash map” of the waters as a basis for joint oil and gas development.


“India, Bangladesh and Myanmar have all demonstrated that countries can successfully settle their disputes through impartial third-party arbitration,” Philippine Foreign Secretary Albert del Rosario said in a text message. “We are confident that the tribunal will find in favor of our position against China’s Nine-Dash Line. I am sure the international community will receive such a development positively and that China will appreciate its value in the long run.”


Vietnam Ammunition


Vietnam has prepared evidence and is awaiting the “appropriate timing” to take legal action against China, Prime Minister Nguyen Tan Dung told Bloomberg News on May 30. Vietnam’s foreign ministry didn’t respond to e-mailed questions.


Without some sort of international settlement, tensions between the two countries will flare again, Le Hong Hiep, a lecturer at Vietnam National University in Ho Chi Minh City, said by phone.


India’s acceptance of the UN’s ruling gives Vietnam more ammunition in its “public opinion warfare” with China over disputed territory, Hiep said.


Bikram Singh, India’s retiring army chief, told reporters today that a land border dispute with China would be resolved peacefully, building on goodwill from a meeting earlier this month in Brazil between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping. Xi said then the two countries should work together to give developing countries a stronger voice in setting global rules, Xinhua said.


China Power


“The Chinese leadership around Xi Jinping is ready to get into difficulties with its neighbors in order to consolidate its preeminence in the region and to rebalance its power vis-a-vis other players including the United States,” said Jean-Pierre Cabestan, director of government and international studies at Hong Kong Baptist University.


China’s foreign ministry in March repeated its rejection of the Philippines arbitration case, saying it prefers direct negotiations to resolve the dispute. The Philippines is illegally occupying some of China’s islands and reefs in the South China Sea, Foreign Ministry spokesman Hong Lei said on March 30.


“If you’re a big power and know you’re more powerful, you don’t want to be constrained by international law,” said Li Mingjiang, associate professor and coordinator of the China program at the S. Rajaratnam School of International Studies in Singapore. “You want to use political and other means to resolve the dispute.”


To contact the reporters on this story: Andrew MacAskill in New Delhi at amacaskill@bloomberg.net; Arun Devnath in Dhaka at adevnath@bloomberg.net


To contact the editors responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net Sam Nagarajan



India Drops Claim to Unlock Offshore Oil in China Contrast

Singapore to invest $100m in green data centres and green buildings

Singapore is investing S$100 million in two major initiatives for the research and development (RD) of green data centres and to improve energy efficiency of buildings.


The Energy Research Development and Demonstration executive committee announced the new initiatives on Wednesday at the first Energy TechRoadMap symposium.


The ‘Building Energy Efficiency RD Hub’ initiative will be implemented and managed by the Building and Construction Authority, while the ‘Green Data Centre Research Hub Programme’ will be managed by the Infocomm Development Authority of Singapore (IDA).


The projects are part of five national energy technology road maps that were revealed including solar panel research, carbon capture and storage or utilisation, green data centres, energy efficiency of buildings and industry energy efficiency.


The road maps will serve as a guide to government agencies in formulating technology master plans and funding initiatives to secure Singapore’s energy security.


Buildings account for around 50 per cent of the Singapore’s electricity and the energy efficiency road map will be used to help attain the goal of Low Energy High-rise Buildings in the Tropics, focusing on technological areas such as integrated design and air-conditioning, as well as mechanical ventilation.


Singapore serves as the data centre hub of South-east Asia and hosts nearly 60 per cent of the region’s data centre capacity and the new Research Hub Programme is expected to help drive down energy use at the sites.


The green data centre road map will outline ways in which the research community and data centre industry can assess technology options to achieve sustainability objectives.


The five road maps are part of the Energy National Innovation Challenge announced in 2011, which targets economically viable energy efficient solutions and carbon emissions reduction.


A further two technology road maps addressing e-mobility and solid waste management are being formulated and will be led by the Land Transport Authority and the National Environment Agency respectively.



Singapore to invest $100m in green data centres and green buildings