Posted by admin | Under international, life, money, news, special
Friday Mar 23, 2012
Corsairfly becomes … Corsair International. "A change but not revolution," agrees Pascal de Izaguirre, CEO of the airline of TUI. The leaders of the giant European Tourism chose a facelift to revive the company acquired by Nouvelles Frontieres in 1990 when Jacques Maillot was at the controls. At the time it was called Corse Air International
.
Everything has changed since: the German TUI shareholder meeting in France Marmara Tourinter, New Frontiers and renamed the airline Corsairfly stripped a quarter of its workforce … He has invested hundreds of millions of euros to transform the old a charter company whose regular cabs devices have been fully refurbished mid-2013 with a budget of 36 million euros.
Financially, the subsidiary of TUI could not afford a complete change of name: "Rather than spend a fortune to switch brands, it is better to devote resources to what the customer appreciates the ground or on board" , says Pascal de Izaguirre CEO of Corsair International.
Erase the image and low-cost charter
A budget of 2.5 million euros will be spent on change of visual identity (logo creation, uniforms, aircraft painting). The first plane scratched white and blue logo of the retro graphics will be delivered in July. The other six, including two new A 330 will follow until mid-April 2013.
But another reason is given by the CEO of Corsairfly to explain the lack of boldness in the choice of name: "The Corsair brand is extremely well known. Hostesses and stewards are known to be friendly and smiling. "The old company Nouvelles Frontieres is certainly an image associated with cheap, but also a Spartan comfort payday loans direct lenders.
"Corsair will celebrate its 31 anniversary this year, little known company such longevity, defends Pascal de Izaguirre. Many have disappeared, new arrivals are. We remove the "fly" but also the name of "smiley" logo TUI, not to hide our group membership, but to erase anything that might suggest the charter or low cost. "…. ….
The team of TUI wants to play the card of elegance, high quality services, while remaining competitive on price. The number of seats "open sea" (comparable to a business class) increases from 24 to 36 in the Boeing 747 and 18 to 26 in the A 330. "We have invested heavily in-flight services, airport lounges to Orly, Pointe-à-Pitre and Fort de France, and soon the meeting …"
New destinations
The relaunch of the company scheduled two years ago falls to one of the worst periods through which the world of air: the rates are low while the cost of jet fuel has stabilized at a very high level that weakens companies.
"This does not undermine our vision and direction, says the CEO of TUI France. We are currently addressing the structural problems of the company and it is not challenged by economic factors. TUI, our shareholder, has powerful resources. He made a choice that takes the long term. "
Corsair International will also review its destinations in September, the company will cease to serve Miami. Instead it will open a line to Punta Cana in the Dominican Republic, a destination that has grown 15% since the beginning of the year.
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Posted by admin | Under Uncategorized, money, online, people, resources
Wednesday Mar 21, 2012
Friday, teams of Deutsche Bahn and SNCF, already associated with the Paris-Frankfurt, will celebrate the opening of a common line between Frankfurt and Marseille – bypassing Paris – via the new Rhine-Rhone. An opportunity to show the harmony that exists today between the two companies.
Because the prospect of greater competition in Europe has clearly brought the views of the two incumbents, long time rivals. Rüdiger Grube, CEO of the German group, pointed out Tuesday in Paris to a gathering of journalists. "There are still a year I would not have thought that we would Guillaume Pepy (SNCF's CEO, Ed) and I agree on all issues!" "We support all the necessary standardization of equipment, the market opening, the creation of a European regulator's rail …, "he says.
An ally against Brussels
What has happened, then that could heal the scratches between the two competitors? One and one can actually help in their fight on the organization of competition in their respective markets. In France, Guillaume Pepy wants to emulate the French system of railways on that of the Rhine. And what better lawyer than Rüdiger Grube, CEO of Deutsche Bahn up as a model, could he find to plead this cause? SNCF had the starring role: it umbrella in a joint holding company, the infrastructure manager – in this case Réseau Ferré de France which is among other guarantor of opening the network to new entrants – and the commercial exploitation . The French government, following the Focus on the railway have explored ways to put right a French model of breath last November, expects copies of various stakeholders at the end of this month payday loan lenders.
And on the other side of the Rhine, Rüdiger Grube has also found an ally in France to defend his case in Brussels. For the German model does not satisfy the European Commission. It believes that a pooling group manager of infrastructure and operational activities does not guarantee a fair treatment in respect of competing rail companies of the DB. Last year, the Commission has even raided the headquarters of the DB to investigate possible abuse of dominant position in the supply of electricity to private operators.
Views on Thalys
The discussion between SNCF and DB go beyond the single issue of governance of the rail. For Rüdiger Grube, they could also be extended on the ground and running. Deutsche Bahn admitted and have designs on Thalys, TGV serving Belgium, Holland and Germany, which he holds 10% interest alongside the SNCF (62%) and Belgian railways (28%). "Staying at 10% does not suit us. We're in discussions internally about whether we should go out or go for a 50/50, "said Grube. And beyond in coming decades, the CEO of DB, well imagine a merger of the two groups. "Right now, it's too early but when liberalization has advanced. In twenty or thirty years … "
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Posted by admin | Under economic, events, money, news, top news
Tuesday Mar 20, 2012
The franchisor Monceau Fleurs he bitten off more than it can chew by acquiring Rapid'Flore late 2008 to become number one French? Three years later, the signs of indigestion were in any case become so important that the direction of the florist, which has 487 franchises in the Monceau Fleurs and Rapid'Flore and Happy, was forced to seek entry into backup procedure late last October. She feared not being able to meet its debt repayments -26 million euros, or 42% of its turnover in 2011 (61.8 million) – and wanted to concentrate on major reorganization, initiated a year ago .
Five months later, Monceau Fleurs is about to present its plan to emerge from the backup: the project of spreading the debt will be subject to creditors on April 2, and then to shareholders four days later. The downstream of the largest of these, Laurent Amar, grand-son of the founder of the group, which retains 68% stake in the florist does not have any doubt.
It is himself who decided to change everything or almost in the group he chairs, finding it necessary to surround himself "a strong and experienced team in the field of distribution and management of international companies ". The general manager was created operational for the group now operates in nine countries. It was given to Paul Mir, former Promodès, passed by PPR, Fnac and Kingfisher (Castorama …).
Market restructuring
The complete reorganization-finance, promotions, product management for roses and gerberas, as in the food-distribution shows its effectiveness free online credit report. Current operating income is again slightly positive in its last financial year (ended 30 September 2011), whereas it was negative by about 2 million euros a year earlier. However, this improvement is mainly due to a workforce reduction, increased from 205 to 170 employees grouped on one site in Villebon.
"We are busy making our size, coupled with the integration of Rapid'Flore, and the power of our three brands a real strong market also being restructured," said Paul Mir. According Xerfi, florists accounted for 54% of sales in value and 35% by volume of a market for flowers and plants by 2.3 billion euros. "Their market share, however, tends to fade for several years, primarily for the benefit of the garden," but also large food stores, says the firm.
Of a total of 15,000 florists in France, only 650 are members of a group, of which 490 are a Monceau Fleurs (in cities), Happy (with an offer based on decoration) or Rapid'Flore (in cities average). By offering more services to its franchisees, such as loyalty card or access to a new online store launched in the third quarter, Monceau Fleurs still hopes to strengthen its first position. But in a less risky.
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Posted by admin | Under business, economy, money, news, opinions
Saturday Mar 3, 2012
Gerard Larcher could have done without the public release, two weeks ago, Francois Fillon, who suggested to redirect some 31 billion spent annually on training unemployed only.
"I lie to you if I told you that I have not complicated the task," says the former chairman of the Senate to which the Prime Minister has given two months in late January to lay the groundwork for a "radical reform "vocational training system. Job seekers do not enjoy today that $ 3.8 billion on training 31 billion spent each year. A drop of water
.
The four "priority objectives" set out in its letter of engagement are clear. This is to "orient vocational training to those who need it most, including job seekers," and "encourage companies to better train their employees by allocating adequate funds." The former Minister of Labour intends to not vary from its roadmap. It continues its hearings until mid-March and will report – "an aid to reflection for the future majority" – early April. "We must adapt our discourse and practices in modern times, he says the Figaro, mid-term. Vocational training was forty years ago a tool of social advancement and has become over time a non-aid decommissioning and an insertion tool. "
For now, Gerard Larcher wishes to move three points. First, to increase from 10 to 40% the share of unemployed trained and adapt their training to real business needs. "We must territorialize reflection and ensure that the curriculum really coincide with skills needed in employment areas," he insists payday loan lenders. Second, transform-Opca that collect money from training to companies in-prescribers. Third, rationalize expenditures. "We have a problem of cost effectiveness of certain formations, Judge Gerard Larcher. It is possible to redeploy, constant envelope, misused funds to training resulted in strong. "
Reform of the representative employers
Although this is not part of its roadmap, Gerard Larcher also intends to make proposals on the financing of trade unions and professional. Publication on the sly "real fake" Perruchot report on money management and trade unions-which confirmed "without suggesting any solution" that some organizations were shooting some of their resources-training convinced him to go in this sense. "There's too much unsaid and too known on these subjects, he despairs. I can not propose lines of education reform without addressing the issue of funding of social dialogue and propose ways of evolution. "The former second officer of the State should also suggest a reform of the employer's representative, in the vein of that which was implemented in 2008 for the unions, based on the election.
As for the referendum issue, raised by the President to remove "blockages" that are sure to respond to the outcome of discussions on vocational training, Gerard Larcher's not. "I believe in intermediate bodies, they are useful," says he, laconically.
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Posted by admin | Under events, money, opinions, people, resources
Wednesday Feb 15, 2012
The scandal could not have been worse. While Air France is embarking on an extensive and highly unpopular savings plan, the unions of the company revealed Monday that their former boss Pierre-Henri Gourgeon was preparing to travel to destination in Mauritius with its Women in business class for 24 euros.
This trip was to take place almost free along with two relatives also enjoy preferential rates. These tickets are embargoed during the school holidays, Pierre-Henri Gourgeon had to obtain special approval of the new CEO of Air France, Alexander Juniac, to lift the embargo and travel to this destination.
"It's scary to work in this context, a sorry part of the company. Our company is mired in research and maintenance of personal advantages. How do you get the support of employees and pass a savings plan? ". Given the excitement that the information generated internally, the former boss has finally given up the tickets at unbeatable price and opted for traditional GP tickets entitlements in the company's employees and retirees.
The ex-boss will have to pay 745 euros to get to Mauritius in business class or about 1500 euros for a round trip ticket worth from 3000 to 6000 euro at full price. "When traveling in GP, the former executives often take tickets in economy class, or 400 euros round trip to Mauritius, calculates an employee of the company paperless payday loans. Once on the plane, they do outperform if space is available at the front of the camera. "
"A trip to the Air France lounge"
Like many companies, employees of Air France benefit from preferential rates on their business activity. Like the employees of the car who pay their car cheaper, the Air France employees benefit from GP notes (Free partial), a valid right to life from 15 years of seniority. "I travel regularly to New York, welcomes a former executive of the company. It cost me about 200 euros in economy class, but in general I do upgrade and I manage to go on a trip to the Air France lounge. "
As a former senior executive, Pierre-Henri Gourgeon does not need to go through the system of GP tickets. Like other executives recently departed from the leadership, the former boss has negotiated a confidential volume of ticket prices almost free.
These benefits may soon be challenged. Juniac Alexander, the new leader of the company, has announced an overhaul of the benefits enjoyed by current and former executives of Air France. "Such benefits are not unique to Air France, says aviation expert. All major companies are considering a historic reform of the preferential fare tickets costing them too much. " And have less and less supported by employees who request efforts increasingly harsh.
Posted by admin | Under business, international, money, news, world
Tuesday Feb 14, 2012
Football clubs are they like other entities? The question worth asking, when European football comes back to show a record deficit for its fiscal year 2010: more than 1.6 billion cumulative loss by 665 European clubs in first division. As for the debt, it reached nearly 15 billion euros, according to the latest data from the European body of football (UEFA). An aberration by some as a time when European countries are asked to clean up their finances. Besides, if football clubs were rated, they would pass the test? Not sure … There is a little over a year, research firm AT Kearney also noted that "if they were functioning as normal businesses, the championships of Spain, England and Italy would be put in bankruptcy within two years. "
Spanish and English clubs have reached an astronomical debt.
Posted by admin | Under features, international, life, money, news
Friday Feb 10, 2012
The government fiercely defends his proposed "employment tax"-a reduction in labor costs funded by an increase in VAT and the CSG on capital income. Supporting figures, experts Bercy want to show the economic virtues of the device, introduced Wednesday in the Cabinet, on behalf of "competitiveness" of France. Competitiveness that the report of the Court of Auditors, presented Wednesday, deemed necessary to strengthen.
As announced by the Head of State, effective October 1, work will never be the main source of funding for family policy. Reform is to reduce employer costs by 13.2 billion full-year (3.6 billion by 2012). The family contributions paid by employers will be removed for salaries between 1.6 and 2.1 SMIC (2290 euros net), then eased on a sliding scale up to 2.4 SMIC (2620 euros net). This rate was calculated Bercy, a gain of 40 euros per month for a minimum wage, 120 euros to 159 euros and 1.6 SMIC 2.1 for minimum wage. In all, according to the ministry, 14 million employees are affected by the measure.
International competition
This will benefit "to the sectors most exposed to international competition (80% of manufacturing jobs and 97% of jobs in agriculture are concerned)," argues the report of the Cabinet. The Department of Finance estimates that the reform will result in the creation of 100,000 jobs in 3 years. The Executive held Wednesday to register false face of opposition, who had spoken of a "gift to the banks." "This is nonsense! Wages in finance are higher than our target, "argued a ministerial adviser. Which also indicated that the device would benefit "proportionately" more for SMEs than for large groups, since they will reap 47% of its fruit, although they represent 40% of payroll in France.
To offset the cost, the government intends to increase from 19.6% to 21.2% the standard rate of VAT, also on 1 October. This measure will yield € 10.6 billion per year in stride. Given the controversy, the government ensures that it will not make up prices. First, he argues, because 60% of household consumption are exempt from VAT or enjoy a reduced rate will remain unchanged. Of the remaining 40%, three quarters of the products are manufactured in France, their prices will not rise … as long as companies pass on the reduced charges. Only imported products subject to the VAT increase, that is to say 10% of household purchases, could therefore lead to higher prices, ensures Bercy, while betting that "strong competition" will limit the inflation .
To complete the financing of the reform, the general social contribution (CSG) on capital income will be increased by two points, from 8.2% to 10.2%.
Still not convinced, the PS again spoke Wednesday of an economic mistake "that will weaken consumption and will therefore result in growth and employment". Francois Hollande warned that he would cancel the measure if they win.
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Posted by admin | Under Uncategorized, economic, money, online, opinions
Friday Nov 25, 2011
The biggest shop shows the world may soon see the day in Paris. The luxury group Richemont actively preparing to open a palace watches of 2250 square meters on two floors, which would be represented as 60 brands ranging from entry level to luxury. This store may be substituted for the brand Old England, old shop of the 19th century, strategically located between the Opera and the Boulevard Haussmann in the heart of the capital. According to the website dedicated businessmontres.com, Richemont should benefit from the commercial end of the lease granted to the current property owner to get their hands on the site. Neither the luxury group, nor the SFL, owner of the walls has to comment that "rumor".
Sources close to the discussions say, however, that the real estate transaction is scheduled for over a year.Richemont has even approached the great names in luxury and watch as LVMH, Swatch and Rolex to tell them about the operation. If the participation of the latter to the final draft to be confirmed, Richemont has already convinced major retailers such as Audemars Piguet Breitling or to be part of.
The Swiss group is currently in discussions with Bucherer, another big name in the jewelry and luxury watches, in order to leave the management of this huge store. Few in France, it has been favored by Richemont because of its extensive experience in managing multi-brand stores. In addition to his label, Bucherer has a network of 15 stores which are marketed brands Rolex, Piaget, TAG Heuer, or Longines. It also has other stores in Austria and Germany.
Posted by admin | Under features, money, online, opinions, technology
Sunday Nov 20, 2011
Released in early 2010, a year and a half of recession caused by the bursting of the housing bubble, Spain could plunge into the red. Supported by the only engine of exports and tourism, the economy will suffer from the international slowdown. And domestic demand – consumption and investment – remains stalled, weighed down by record unemployment. Economists forecast a decline in activity over the next two quarters. For the full 2012, Natixis expects an increase of GDP, limited to 0.2%, even more severe, Bank of America Merrill Lynch expects a fall of 0.7%. Two days before the election, the government had to accept lower growth for 2011 at 0.8% against 1.3%, less than half that expected by Brussels in the euro area.
Occupation: the red lantern of Europe
This is the black point of the Spanish economy guaranteed online payday loans.Toxic assets that are concentrated in the "cajas" (savings banks).
Increased risk for public finances
Spain has embarked on the path of fiscal consolidation since 2009. The great austerity plan dating back to May 2010 combining lower wages of civil servants, cuts in social spending, increase tax and pension reform. After a budget deficit rising to 11.2% of GDP in 2009, the stated objective is to reduce it to 6% this year. It is not clear as far as Madrid to keep, given the downward revision of growth. On the front of the public debt, Madrid pre-crisis low, 40% of GDP. It has since risen sharply, it should peak around 72% in 2013 before declining.
Posted by admin | Under business, economic, money, news, special
Tuesday Nov 15, 2011
Happy! Bernard Tapie alongside the greatest patrons of the planet. Here are the results of a survey Way Opinion on leadership and the qualities of a good leader conducted among 300 business leaders and our colleagues unveiled Monday by the Parisian. The former head of the OM occurs in the top 5 managers behind Steve Jobs (the first), Carlos Ghosn, Bill Gates and Michel-Edouard Leclerc.
Asked Monday by Le Figaro, the former head of the said OM has naturally flattered by the result but did not seem surprised. "People have accepted my statements on TV that have contributed to enhancing the business entrepreneur, he says. For years it was believed that the corporate world was synonymous with sadness and we do it not amused. I helped to change that image. "
"Good players become ill on arrival at the OM"
Bernard Tapie has little original definition of a good manager, is "to want its employees to offer the best of themselves to excel payday advance. The priority is not to be loved but to lead them to discover their full potential. " The most original are the examples come to mind the old boss "My former assistant became assistant Pinault and not the assistant of a hardware dealer" and the players of the OM – Papin , Wadle, Pele – were good players when they were recruited and then become real stars.
"Being a great manager was to make them grow up, says that to date remains the only French boss to win the Champions League. Today, good players become ill on arrival at the OM. This is the stereotype of bad management or bad environment. "