Garuda Targets $200m in Loans to Finance Aircraft | The Jakarta ...

Garuda Targets $200m in Loans to Finance Aircraft
Ivan Dasa Saputra & Elisabeth Gloria | February 03, 2012

Garuda Indonesia, the country?s flag carrier, is seeking $200 million in bank loans for financing this year as it boosts the number of aircraft it plans to purchase by more than double.

Elisa Lumbantoruan, finance director at the airline, said the funds would be used as ?pre-delivery payment? for its plan to buy new aircraft in the coming years.

Garuda needs as much as $430 million to finance the purchase of the aircraft to expand its fleet, Elisa said. He neither disclosed the terms of the bank loans nor identified the lenders.

Pre-delivery payment is equivalent to a down payment to the aircraft manufacturer. Garuda is expected to use a combination of bank loans and its own cash to fund those payments.

Jakarta-based Garuda will use Rp 2.7 trillion ($302.4 million) from its cash to finance the fleet purchase. It will also use Rp 1.7 trillion from proceeds of its initial public offering last February.

?We are looking for $200 million in bank loans in the fourth quarter this year,? Elisa said after a general shareholders meeting in a cargo hold at Soekarno-Hatta International Airport in Tangerang on Friday.

The airline said that it would buy 97 additional aircraft in the next four years ? more than double its plan of 36 units announced last year. The company wants to expand its network and coverage amid stiff competition in the airline industry.

Other operators such as Lion Air and AirAsia have announced plans to buy more aircraft to meet travel demand in the country.

?There is a rapid change in the market which prompted the company to boost its fleet accordingly,?? Garuda president director Emirsyah Satar said on Friday.

Garuda will buy 20 Boeing 737-800NG aircraft, double its original plan, and 24 Airbus 330-200s, up from its initial plan of six. It will also purchase 25 narrow-bodied aircraft, compared with its original plan of five units; and 18 aircraft that carry fewer than 100 passengers, up from five.

It is sticking with its plan to buy 10 Boeing 777-300 ERs.

Emirsyah said Garuda maintained its capital spending at $5.3 billion for the next five years. ?The company needs that much to boost business in the next five years,?? he said.

?Some of the aircraft will be delivered this year,?? Emirsyah continued, declining to say which types would be shipped. ?There will be deliveries next year and that will continue until 2016.?

Garuda owns and operates 89 aircraft that serve both international and domestic routes.

It has said that it expects a 20 percent increase in the number of its passengers this year from an estimated 17 million passengers in 2011. The company had estimated that 13.5 million people traveled on its domestic routes last year. It is eyeing new routes in Asia including Taipei, Tokyo and India to compensate for a possible decline in demand from the euro zone.

Shares of Garuda closed unchanged at Rp 630 on Friday. They have risen 33 percent since the start of the year.

Additional reporting from Investor Daily

Source: http://www.thejakartaglobe.com/business/garuda-targets-200m-in-loans-to-finance-aircraft/495723

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Keen On? Sonic.net: Why Fiber Is The Future Of Wired Connectivity

It's always nice to see a small, plucky start-up take on the big guys and not only survive but also prosper. My excellent Santa Rosa based ISP Sonic.net is doing just that - laying its own fiber-to-the-premises network in Sebastopol for only $70 a month and signing up 30% of the local market. While the numbers are still small (the fiber network still only reaches 700 Sebastopol homes), the Sonic.net story is encouraging because it shows that innovation is still possible in the ISP space, a market that has been dramatically "consolidated" since 1995, shrinking from thousands of thousands of local providers in the nineties to just a handful of national carriers today.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/7Wvd2h6Wbpk/

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The Benefits of Real Estate Investing ? hot news

The idea of investing in real estate can be frightening to many people, particularly if they are concerned about filling the role of property manager and having to run out to fix maintenance problems for tenants. Unless an investor chooses to fill this role, however there is no reason why he or she would need to be bothered with such details. The fact is; real estate is one of, if not the safest investment vehicle around. There are a number of benefits related to investing in real estate.

Tax Shelter and Deductible Benefits Some of the first benefits anyone considering investing in real estate should consider are the enormous tax shelter and deduction advantages. Of course, any interest paid on mortgages financed for the purpose of investing is tax deductible; however if an investor elects to use certain vehicles, like a Roth IRA to handle their real estate investments, the profits they earn can be entirely tax deductible. Profit There is a tremendous opportunity to reap significant profit from real estate investing. The number of safe, affordable housing options for today?s families is decreasing while the number of deteriorating properties is on the rise. What this means for investors is that there is a definite market to be able to purchase properties at low prices, fix them up and then either rent them out or sell them. Even at a conservative estimate, a real estate investor could stand to bring in a 30 or 40% profit. Portfolio Diversity In this day and age there are a number of investment options and opportunities. Obviously, stocks are one of the biggest options. While there is room to make some hefty profits by investing in Wall St., there is also room to suffer tremendous losses. Investing in real estate does not mean you have to forego other investment options. It does mean that by diversifying your portfolio, you secure some of your heard earned money. While the future of stocks is unsure at best, the future of real estate is clear skies ahead. Real estate investing has always traditionally performed well and is the securest investment option available. Continuous Income Real estate investing can be a great source for continual income; which is great for many people, including those who are retired and need some supplemental income. If an investor chooses, rather than rehab a property and immediately resell it; they can rent out the property. This can even be handled using a property manager so that the actual owner/investor never even has to change a light bulb. The only interaction they need to have with the property is depositing the rent checks. Appreciation Regardless of what type of property you invest in, if you do nothing more than mow the grass or hire someone to do it, that property is going to increase in value. Why? Because real estate traditionally appreciates at a rate of about 9% per year. It?s a simple part of supply and demand. As Mark Twain once said, ?Buy land. They?ve stopped making it.? ================================== Sal Vannutini is the author of Fixer-Upper Fortunes: How to make big profits from fixer upper properties. New real estate home study manual reveals how you can safely make a fortune fixing up old homes and quit your job forever. Click here now: http://www.fastfixerupperprofits.com Sal is also the creator of ?Foreclosure Wizard?. He has created the ultimate foreclosure investment tool. It provides a unique step-by-step process that will help you quickly and easily determine which deals have profit potential and which ones are a waste of your time. Click here now: http://www.foreclosurewizard.com ================================== ##Attn Ezine editors/Site owners## Feel free to reprint this article in its entirety in your ezine or on your site so long as you leave all links in place, do not modify the content and include our resource box as listed above. If you do use the material please send us a note so we can take a look. Thanks. Feel free to substitute your affiliate link in place of our link in the resource box. Earn 40% on every purchase you refer. Affiliate details are available here: http://www.fastfixerupperprofits.com/affiliates.htm ==================================

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Source: http://hotnews.blogspages.com/2012/02/02/the-benefits-of-real-estate-investing/

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AAP: Childhood Vaccination Schedules Approved for 2012 - Child ...

328 W. Claiborne St.
P.O. Box 964
Monroeville, Alabama 36460
(251) 575-4203 ?????

Basic InformationMore InformationLatest NewsPet Turtles Carry Salmonella Dangers, CDC WarnsAAP: Childhood Vaccination Schedules Approved for 2012Child Abuse, Neglect a Major Public Health Problem: CDCInfections Might Raise Stroke Risk in Children: StudyKids' Snacks Can Be Healthy and InexpensiveCommon Household Chemicals Might Harm Kids' ImmunityDyslexia's Brain Changes May Occur Before Kids Learn to ReadParents Are Primary Target for Pediatric Obesity ProgramsDrowning Hospitalizations for Peds Down in Recent YearsHeading Soccer Balls Could Injure BrainPoor Sleep May Complicate Young Diabetics' Blood Sugar ControlFun Ways to Include Kids in Fitness ResolutionsHealth Tip: What is a Night Terror?Chronic School Absenteeism Linked to Mental Health ProblemsPediatricians Offer Tips to Avoid Holiday HazardsNew Device Approved for Children With Heart FailureToy Safety Tips Help Protect KidsAdult Sickle Cell Drug May Benefit Kids, Too'Love Hormone' May Buffer Kids From Mom's DepressionAbuse May Alter Child's Brain Activity1 in 5 Limb Fractures in Children Receive Delayed CareMost Doctors Don't Tell Parents Kids Are OverweightMore Children Using Preventive Asthma Drugs: Study3-D TV Doesn't Raise Seizure Risk for Kids With Epilepsy: StudyDoctors in a Bind When Parents Want to Delay, Skip VaccinesHealth Tip: Protect Kids Who Have Food AllergiesBehavioral Therapy Effective in Juvenile FibromyalgiaHypertension in Young Adulthood May Mean Trouble Later OnBullying Moves From Online to Text-Messaging: StudyAcupuncture Safe for Children, Review FindsSmart Kids More Likely to Try Illicit Drugs as Young AdultsChildhood Aggression May Predict Health Woes in AdulthoodChild Abuse Underreported by Primary Health Care ProvidersTeachers Critical in Helping Abused Kids SucceedDoctors Might Miss Some Cases of Child AbuseLow-Income Dads Are Involved With Their Kids, Study FindsHealth Tip: Help Keep Kids Safe on the InternetCuriosity Makes for Better StudentsSchool Soda Bans Don't Keep Kids From Sugary DrinksExperts Debate Tylenol's Safety for Asthmatic KidsWhen Dads Have Depression, Kids May Be at Risk, TooMentoring Works Best When Adults, Kids Share Common InterestsChildren Not Vaccinated Against Pneumonia Remain VulnerableMany Parents Skipping Kids' Shots, Putting Other Kids at RiskReport Slams Makers of Sugary Drinks for Targeting KidsPrevention Is Key for Fall Asthma Flare-Ups in KidsExperts Offer 'Lucky 13' Tips for Safe and Healthy HalloweenSome Asthma Drugs Raise Risk of Complications, Especially in Kids: StudyOutdoor Time May Reduce Nearsightedness in ChildrenHealthy Halloween Advice for Children With DiabetesLinks Updated: Feb 1st 2012 WEDNESDAY, Feb. 1 (HealthDay News) -- The 2012 recommended childhood and adolescent vaccination schedules have been approved, according to a policy statement from the American Academy of Pediatrics (AAP) published in the February issue of Pediatrics. Michael T. Brady, M.D., chairperson of the AAP's Committee on Infectious Diseases, and colleagues reviewed the 2012 recommended immunization schedules for children and adolescents. The 2012 recommendations provide three immunization schedules and accompanying footnotes: one for children ages 0 to 6 years, one for children ages 7 to 18 years, and one for those who start late or fall more than one month behind schedule. Clarification is provided for administration of hepatitis B vaccine and immune globulin, as well as for tetanus-diphtheria-acellular pertussis vaccine use. Guidance has been added for use of the measles, mumps, and rubella vaccine in infants ages 6 to 11 months who are travelling internationally; for administration of meningococcal vaccine to children at increased risk, and for routine administration of a booster dose; and for use of Haemophilus influenzae type b vaccine in the catch-up schedule. Footnotes have been updated to clarify influenza vaccine dosing; to emphasize administration of the second dose of hepatitis A vaccine; to include routine recommendations for vaccination of males with quadrivalent human papillomavirus vaccine; and to note that inactivated polio vaccine is not recommended for U.S. residents aged 18 years or older. "Providers are advised to use all three schedules and their respective footnotes together, not as stand-alone schedules. These schedules are revised annually to reflect current recommendations for the use of vaccines licensed by the U.S. Food and Drug Administration," the authors write. Policy Statement This article: Copyright ? 2012 HealthDay. All rights reserved.

Source: http://www.swamh.com/poc/view_doc.php?type=news&id=143825&cn=28

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"Soul Train" creator Don Cornelius commits suicide (omg!)

LOS ANGELES (Reuters) - Don Cornelius, creator of the iconic TV music and dance show "Soul Train" that helped introduce Americans to black pop culture, died on Wednesday after shooting himself in the head, Los Angeles officials said.

Police found the body of Cornelius, 75, at his house in the wealthy, hillside area of Los Angeles called Sherman Oaks at around 4 a.m on Wednesday. He was later pronounced dead at a local hospital.

"The death was reported as a suicide, a self-inflicted gunshot wound to the head," Los Angeles coroner's Assistant Chief Ed Winter said. Police said there was no evidence of foul play.

It was not immediately known why Cornelius would have taken his own life, although he was said to have been in failing health in recent years.

Cornelius, who launched "Soul Train" in Chicago in the early 1970s and hosted it for more than 20 years, told a judge in his 2009 divorce that he was suffering from significant health issues and wanted the case settled quickly.

"Soul Train", which ran until 2006, became part of U.S. pop culture history, boosting the careers of newcomers like the Jackson Five and older artists such as James Brown who were trying to tap into a younger audience.

Almost immediately following news that he died, tributes poured in from the music world.

Aretha Franklin, who appeared on the dance and TV show, called his death "sad, stunning and downright shocking and a huge and momentous loss to the African-American community and the world at large."

Composer and record producer Quincy Jones said he was "deeply saddened" at the sudden passing of his friend, colleague and business partner.

The Recording Academy, which gives out the Grammys, called Cornelius a "trailblazer" who "created a cultural phenomenon with 'Soul Train.'"

SON OF THE '60s

Cornelius was born in 1936 in Chicago and as an adult, became a journalist who was active in the civil rights movement. For a time, he worked at local radio station WVON, and by the late 1960s he had dreamed up the idea of a TV show dedicated to the soulful sounds of African-American music.

"Soul Train" was born with the deep-voiced Cornelius as the host who gave hip kids of the '70s what "American Bandstand" creator Dick Clark offered TV viewers in the early days of rock 'n' roll -- a show mixing youth, music, fashion and pop culture.

As "Soul Train" gained popularity, it crossed over into mainstream TV and allowed R&B artists the ability to broaden their fan base.

"Don played an enormous part in my career by giving me exposure when there was none for African American recording artists on television," Dionne Warwick said in a statement. He called him "an icon of the broadcasting world."

Cornelius hosted "Soul Train" until 1993. The show continued to air. It eventually became the longest running U.S. series in first-run syndication. Cornelius sold his company in 2008.

"Once he left the TV show, he kind of dropped out of sight... He stayed within the confines of his family and home," Los Angeles-based black music historian Tom Reed said.

Civil rights activist Rev. Al Sharpton, a longtime friend, expressed shock and grief over Cornelius' death.

"He brought soul music and dance to the world in a way that it had never been shown and he was a cultural game changer on a global level," Sharpton said in a statement.

Former basketball star Earvin Magic Johnson, whose Vibe Holdings company currently owns the rights to "Soul Train", said on his Twitter account; "`Soul Train' taught the world how to dance! I thank (Don) for trusting me with his `Soul Train' brand and I will carry on his legacy through it."

A statement was posted on the Soul Train website calling Cornelius a "television visionary."

(Reporting By Lauren Keiper, Jill Serjeant and Piya Sinha-Roy; Editing by Cynthia Johnston)

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_soul_train_creator_don_cornelius_dead_police154418779/44378979/*http%3A//omg.yahoo.com/news/soul-train-creator-don-cornelius-dead-police-154418779.html

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Popular Diabetes Drug Might Cut Pancreatic Cancer Risk: Study (HealthDay)

TUESDAY, Jan. 31 (HealthDay News) -- A new Swiss-American study indicates that long-term use of the popular diabetes medication metformin may lower the risk of developing pancreatic cancer, at least among women.

The researchers also found that the long-term use of another class of diabetes medications known as sulfonylureas was associated with a "substantial" bump in pancreatic risk and long-term insulin use was linked to a bump in pancreatic cancer risk in men.

"This result is somewhat unexpected," the team wrote in its paper, which is published in the Jan. 31 online issue of The American Journal of Gastroenterology.

Pancreatic cancer is the fourth most deadly cancer in the United States, with an overall survival rate of less than 5 percent, even though it is fairly rare, according to the U.S. National Institutes of Health.

The researchers noted that previous research has suggested that metformin may lower the risk for other cancers, breast and ovarian cancer in particular.

To explore metformin's protective potential against pancreatic cancer, the team sifted through drug prescription, diagnostic, hospitalization and fatality information that had been collected by the British "General Practice Research Database." The data also included significant demographic information, such as smoking, alcohol use and body mass index.

The team honed in on statistics regarding nearly 2,800 patients (all under the age of 90) who had been diagnosed with pancreatic cancer for the first time between 1995 and 2009. Data concerning almost 16,600 patients who did not have pancreatic cancer was used as a comparison.

The result: Short-term use of metformin or sulfonylureas and/or insulin had no appreciable impact on pancreatic cancer risk.

However, long-term use of each of these medications did appear to have a sizeable impact on pancreatic cancer risk among diabetics. While female patients saw their risk go down with metformin treatment and up with sulfonylureas, male patients saw their risk go up with insulin.

Dr. Michael Choti, a professor of surgery and oncology at the Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins University in Baltimore, stressed the "importance of trying to identify causes for a devastating disease that is often diagnosed late."

"Over the years, many groups have tried to look at a variety of risk factors, dietary and other things, and there have been some reports over the years," he noted. "But nothing has really panned out well. So this is indeed an interesting study."

"But it's also important to say," Choti added, "that while these could be associations, we cannot really say that what we have here is a cause-and-effect. Pancreatic cancer is a multi-factorial disease. So, while it makes sense conceptually that these drugs could have an impact on the pancreas, which is a metabolic organ, it's still too early to be sure what's happening. And it's too early to recommend metformin as a preventive therapy for pancreatic cancer."

"So this is interesting and important," he said. "But it's not definitive."

More information

For more on pancreatic cancer, visit the U.S. National Library of Medicine.

Source: http://us.rd.yahoo.com/dailynews/rss/diseases/*http%3A//news.yahoo.com/s/hsn/20120131/hl_hsn/populardiabetesdrugmightcutpancreaticcancerriskstudy

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McDonald's drops use of gooey 'pink slime' in meat

KSDK-TV

Treating scrap meat with ammonium hydroxide creates a pink goo that is used to extend meat products like chicken and beef and to kill bacteria.

By M. Alex Johnson, msnbc.com

McDonald's confirmed that it has eliminated the use of ammonium hydroxide ? an ingredient in fertilizers, household cleaners and some roll-your-own explosives ???in its hamburger meat.

The company denied that its decision was influenced by a months-long campaign by celebrity chef Jamie Oliver to get ammonium-hydroxide-treated meats like chicken and beef?out of the U.S. food supply. But it acknowledged this week that it had stopped using the unappetizing pink goo ? made from treating otherwise inedible scrap meat with the chemical ? several months ago.

Besides being used as a household cleaner and in fertilizers, the compound releases flammable vapors,?and with the addition of certain acids, it can be turned into ammonium nitrate, a common component in homemade bombs. It's also widely used in the food industry as an anti-microbial agent in meats and as a leavener in bread and cake products. It's regulated by the U.S. Agriculture Department, which classifies it as "generally recognized as safe."

---

McDonald's decision was first reported this week by the Daily Mail, a blaring British tabloid, which trumpeted it as a victory for fellow Brit Oliver against the monolithic U.S. food industry.?

Oliver's campaign began in April, when he included a segment on what he called "pink slime" on his TV show, "Jamie Oliver's Food Revolution" (warning: some readers may find this video distasteful):

Celebrity chef Jamie Oliver demonstrated how mechanically separated meat ? which McDonald's calls "select lean beef trimmings" ? is made on his show "Food Revolution."

The use of treated scrap meat "to me as a chef and a food lover is shocking," Oliver said. "... Basically we're taking a product that would be sold in the cheapest form for dogs and making it 'fit' for humans."

Todd Bacon, McDonald's senior supply chain officer, told the Daily Mail that the decision "was not related to any particular event, but rather to support our effort to align our global beef raw material standards."?

In a statement, McDonald's clarified that it stopped using "select lean beef trimmings" ? its preferred term for scrap meat soaked in ammonium hydroxide?and ground into a pink meatlike paste ? at the beginning of last year.

"This product has been out of our supply chain since August of last year," it said.

Sarah Prochaska, a registered dietitian at Barnes-Jewish Hospital in St. Louis, said that ammonium hydroxide is widely used in the U.S. food industry but that consumers may not be able to know what products include it because the USDA considers it a component in a production procedure ? separating scrap meat ? and not an ingredient that must be listed on food labels.

"It's a process, from what I understand, called 'mechanically separated meat' or 'meat product,'" Prochaska told NBC station KSDK of St. Louis.

While the government considers it safe, it certainly "does not look anything like ground beef," she said. And since it's not on nutrition labels, the only way to avoid it "would be to choose fresher products, cook your meat at home, cook more meals at home," she said.

NBC station KSDK of St. Louis contributed to this report.

Source: http://usnews.msnbc.msn.com/_news/2012/01/31/10282876-mcdonalds-drops-use-of-gooey-pink-slime-in-hamburger-meat

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