Wow...now there's something in common with the rock...list of "Third World " countries...:sad:

Take your Pick.
 

FT.com / Search

Im sorry that I dont compare the economy by the presence of McDonalds.

If you want to go into banking scandals.

How much have the British, Dutch, Americans and others had to pump into their banks to save the economy.

How much did the world loose to the Lehman Brothers and JP Morgan on the housing loans of which Fitch and Moodys gave a AAA stamps. We can go on and on. Fortis, Dexia, Northern Rock Bank of America etc. Yes the Icelandic Bankers played recklessly. Just like everywhere you go. However the common man is paying the bill. Same as all around the world except in China where the growth is more than 8%.

About the regulators we can go on and on. Enron Madoff etc.

The EU countries that are in the deepest recession are Latvia, Lithuania and Ireland.

If you want further info on the economy I suggest going to FT.com and search.

IMF on Iceland.
 

FIS - Worldnews - Iceland making progress on economic recovery, IMF says

The interest rates have been met already.

I did not look on McDonalds.com

Icelandic Economy
 

Beazelbub/Freightops

It is indeed the Icelandic Franchise Owner who is pulling out of Iceland, however a spokesperson from McDonald's declared that they will NOT be looking for new partners for Iceland....enough said I think?

The Economist financial magazine periodically lists a "Big Mac Index" (a crude, yet effective way to compare the cost of living in many countries around the world by using the price of a Big Mac converted from the local currency into USD for comparison purposes).

It appears that iceland will be falling out of this index, as they do not sell Big Mac's any longer.....not even a Fish Mac? :bored:

IMF Report
 

....of course Iceland is "making progress", the country was bankrupt....so the only way is up from here? Good luck to you all!

HAJJ
 

and still the start of the Ethopian is delayed...

empty promises?...

pay
 

Does anyone know what is going on with the pay ? I just received a confusing email in broken English from Airborne mentioning more delays .

Yobbo. See my post #234 on page 12 of this thread.

Nothing has changed my friend.

So what country is the highest on the Big Mac index?

Big Mack
 

Norway is on top of the list for 2009, I am unsure if this is good for the Country, as high prices, goes along with high wages, with reduced competitiveness as a result in the long run.

Well it's definitely not India, gutted when I went into Maccy D's in Calcutta and saw nothing but chicken on the menu boards:uhoh: :)

Same as last year, pilots have been sent on unpaid leave:ugh:

When there is no work, AAI pilots are always sent home on unpaid leave.:mad:

And, this is the same at many other charter airlines...no honey, no money.:}

I hear on the grape vine that AAI have lost the contract with MAS in KUL and from 1-6-2010 a US carrier will be taking over.
IS that right?

MASKargo
 

You are correct...it is official...last day April 30th....it looks like the end for the Classics

Any idea of which US operator?

I was sad to hear that the MAS is to go. I had some of the best and funnest times in KUL with a good group of people out my tenure with AAI. MAS was a good contract and made a good revenue during good times for AAI. I doubt that AAI would have let the contract go if it was feasible for them to continue. I sincerely hope that something else comes along for those who still work there would certainly face some hardship.

For what its worth, I hear that Southern Air has underbidded AAI quite considerably. Might the "Kopper-Tool" be re-introduced to KUL :eek: Wether Southern can actually perform with that low of a bid is another matter. I have my doubts that they will.

How sound is the SV contract
 

Understand that Air Atlanta have definately lost the MAS contract, how sound and on going are the contracts with SV, the two 747-300's must finished hheir contracts, unfortunately those it should affect have already left for SV (6 x F/E's). Also hear they have a contract out of OSLO for upto 5 aircraft, sound good but expensive. Think of all those blonds, more expensive than in KL though.
Will be having a lovely Easter.

I keep reading about this Kopper axe incident.
I was the F/E that operated this flight with him, JFK/LOS
You have to remember this was just after 911, they were taking everything from us that was normal before this, if any had gone through TSA that day we were harassed more than normal, cant really blame the captain, but TSA was more of a pain than normal, guess any of us could have lost it at this point.
The Nigerians did not have money for flight plan fuel, kept asking us to accept less,even asked the pax for donations, was not a good situation for any involved, security had to be called for the pax fighting in the back, flight attendants punched in the face etc.
Yes it is a funny story, probably one that is best told in a pub with friends.
We all refer to this now as the Kopper axe, but you had to be there to understand the true meaning of this and what actually happened.