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Nizm AFM: Film Mode sets sail with The Ninth Passenger , Blood Bound (exclusive)
Gulf Air chief executive James Hogan has warned that the airline will not be profitable before 2006. Hogan, who took the helm of the troubled airline in May, has formulated a three-year restructuring plan. Although he is keeping the details close to his chest until the plan is approved by Gulf Air s owners - the gov owala ernments of Abu Dhabi, Bahrain and Oman - Hogan says that the airline s finances will take two years to rectify and in year three [2005] we ll b adidas originals reak even .The parent governments have already injected $82 million in short-term funding and may be asked for more to pay for the restructuring and keep the airline afloat until it starts to make a profit Flight International, 4-10 June . But Hogan says the plan will focus on increa nike air force sing frequencies to existing destinations in Europe, improving yield management and aircraft utilisation, and reducing costs by renegotiating supplier contracts, including the existing lease finance deals on the airline s fleet of 12 Airbus A320s, six A330-200s, five A340-300s and nine Boeing 767-300ERs. He also hopes to increase the airline s share of the leisure market by launching the Arabian Experience holiday package to Gulf destinations in association with online travel agent Lastminute.The carrier will keep its three Gulf hubs in Abu Dhabi, Bahrain and Muscat. While saying we will run this airline commercially...the key is how we can utilise the network best , Hogan acknowledges that the closure of any of the three bases would not be Witt Eurofly launches Milan-New York service as dispute is resolved
For the UK, the end of the virtual print fee is in sight鈥?to the relief of film distributors that have spent millions supporting cinemas in their upgrade to digital projection. Screen talks to players from both sides of the distribution-exhibition divide.Source: ShutterstockIt is a subject that divides opinion almost as sharply as Brexit. The virtual print fee VPF 鈥?the charge paid over the past decade by distributors towards the digitisation of cinemas 鈥?is expected to come to an end in the UK by next year. By the rough calculation of one prominent independent executive, the cost to UK distributors paying VPFs is around $628m 拢500m and counting. To its detractors, the VPF is the worst deal in the history of UK distribution .Contrast this with the upbeat message from Renana Teperberg, executive director and chief commercial o yeti coolers fficer at Cineworld Group. There is no doubt the VPF was a win-win-win situation 鈥?exhibitors could upgrade all projectors to new, top-quality digital projectors, distributors saved significant amounts on prints and trailers 鈥?including shipment, subtitles in international markets, etc 鈥?and customers got better quality. The opaque nature of the VPF system continues t yeezy o rankle with many. Exhibitors typically dont know a huge amount about their own VPF, which can be frustrating for distributors, says one senior executive with extensive experience in both di hydrojug website stribution and exhibition.In January 2014, the UK Film Policy Review follow-up report, It Begi |
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