Neha Jain: Airfares and Deals

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Friday, February 4, 2011

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1.Kristen Bell Moves Into Showtime Comedy Pilot 'House Of Lies'
Acclaimed actress Kristen Bell (VERONICA MARS, HEROES, COUPLES RETREAT) has joined the cast of SHOWTIME’s new comedy pilot HOUSE OF LIES starring Don Cheadle (IRON MAN 2). HOUSE OF LIES, a half-hour, dark comedy created, executive produced and written by Matthew Carnahan (DIRT) from the hit tell-all book House of Lies: How Management Consultants Steal Your Watch and Tell You the Time by Martin Kihn, will go into production in February in New York, NY and Los Angeles, CA. Jessica Borsicsky (Flash Forward) will serve as executive producer, and Emmy® winner Stephen Hopkins (Californication, 24) will direct.

HOUSE OF LIES is a subversive, scathing look at a self-loathing management consultant from a top-tier firm. Cheadle will star as Marty, a highly successful, cutthroat consultant who is never above using any means (or anyone) necessary to get his clients the information they want. Bell will play Jeannie Van Der Hooven, a razor-sharp, Ivy-League graduate who works at Marty’s firm. Bell joins the already cast Dawn Oliveri (HEROES), Josh Lawson (ROMANTICALLY CHALLENGED) and noted comedian Ben Schwartz (Undercovers) as Marty’s corporate team; the legendary Glynn Turman (In Treatment) as Marty’s psychoanalyst father; and Donis Leonard Jr. (THE FRESH BEAT BAND) as Marty’s young son.

Carnahan is no stranger to dark comedies, having created the provocative series DIRT, starring Courteney Cox as a blood thirsty tabloid editor. Carnahan’s film SERPENT GIRL, based on his own novel and starring Armie Hammer, Malin Akerman, Kate Bosworth and Helen Hunt, will start production next year.

2. Pilot with Sheriff Dept. is killed in copter crash

A veteran pilot was killed and three passengers were injured Monday when a Pima County Sheriff's Department helicopter crashed into the side of a mountain northwest of Tucson, officials said.
Loren Leonberger, a civilian pilot for the Sheriff's Department, was killed. He was a Vietnam veteran and spent years flying for agencies such as the Arizona Department of Public Safety, the Maricopa County Sheriff's Office and Pima County.
The four aboard the helicopter were scouting in the the Ironwood Forest National Monument area for possible locations for radio communication towers when one of the occupants reported to authorities that the aircraft had crashed at about 11:30 a.m., said bureau Chief Rick Kastigar of the Sheriff's Department.
The crash occurred on the side of the Waterman Mountains west of Picture Rocks. The closest intersection is West Avra Valley and North Waterman Mountain roads.
The three surviving passengers were taken to University Medical Center before 2 p.m.
The first passenger was rescued by a Border Patrol agent who hiked up the mountain as helicopters from the Border Patrol and Davis-Monthan Air Force Base arrived.
The extent of the injuries to the three passengers was unknown, but officials said one of them had life-threatening injuries. Their names were not released.
Deputy Jason Ogan, a sheriff's spokesman, said he heard some rescuers say that at least one of the survivors was able to walk after the crash.
The crash location was difficult to reach on the ground, so authorities got help from two Air Force Reserve combat rescue helicopters that were training in the area.
The military choppers, a pair of HH-60 Pave Hawks from the 943rd Rescue Group, made a quick stop at Davis-Monthan to pick up six pararescuers - or PJs - personnel who are trained to conduct rescues under tough conditions.
"In this situation, the airmen flew to the scene and lowered the PJs down as the helicopters hovered nearby," a D-M news release said.
The PJs, who are trained in trauma care, tended to the injuries at the scene before getting the victims onto the helicopter for transport, the news release said.
Rescuers escorted Leonberger's body from the mountain. A fire rescue vehicle led by motorcycle officers and a squad car took Leonberger from the scene around 3 p.m.
Ogan said the Federal Aviation Administration and the National Transportation Safety Board will investigate what caused the crash.
"We'll still be part of the investigation because it's our craft, but it's up to the FAA and the NTSB to get the cause," Ogan said.
He said a federal investigator had arrived in Tucson Monday evening but probably wouldn't start the investigation until today because of darkness. FAA spokesman Ian Gregor said Monday night that investigators planned to hike to the scene today.
For the next few days, the "on-scene" phase of the investigation will focus on gathering all evidence, said Terry Williams, a NTSB spokesman. The investigation probably will take several months.
The department's MD-530FF helicopter was built in 1998. The FAA listed Pima County as the owner. The helicopter was involved in a crash in Lihue, Hawaii, in July 2004 before it was bought by Pima County, according to NTSB records. The helicopter was being used for firefighting duties when its main rotor hit a tree, the NTSB reported.
The pilot made an emergency landing, and the helicopter rolled onto its side. One person had minor injuries. No mechanical malfunctions were found.

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Monday, January 31, 2011

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1. National carrier a tempting prospect
Investors with an appetite for rollercoaster rides will have had their interest piqued by Air New Zealand lately.

Last month the airline got the green light from regulators for its alliance with Virgin Blue on trans-Tasman flights, then followed up this month with the purchase of 15% of Virgin Blue.

Prime Minister John Key then added to the mix by announcing on Wednesday the government was considering selling some of its 75% Air NZ stake, although it would keep a majority holding.

The sell-down scenario is vague so far – we don't know how it might be sold or at what price – but it could weigh on the company's share price until the overhang is dealt with.

In the long run, however, a sell-down may be beneficial as it widens the market for Air NZ shares.

Analyst Geoff Zame of Craigs Investment Partners said Key's announcement was welcome news.

"Liquidity [given the small free float] has always been a major issue in attempting to diversify the register so a partial selldown is likely to be well received," he said.

"Air NZ has also been one of the highest-yielding NZX50 stocks through the global financial crisis – so there is no reason why it may not be attractive to the retail base despite the super-cyclical nature of the sector."

Some of the volatility in the shares can be seen in the change since early last July, when Zame upgraded his rating on Air NZ from "hold" to "buy" at a price of $1.07.

Last week Air NZ was trading around $1.45, having closed as high as $1.53 in mid-January.

Last year Zame noted the company had proven profitable through a "perfect storm" for the aviation sector and continued to pay respectable dividends, which made it a relatively conservative investment play compared to most of its airline peers.

Subsequent developments appear to have reinforced his view.

Commenting on the airline last week, he said: "I think Air NZ has a great story to tell and has a great niche in the fastest-growing aviation region in the world [Asia-Pacific]."

In the interests of disclosure, it should be noted that Craigs is part-owned by Deutsche Bank, whose Australian investment banking arm was involved in advising on and executing the Virgin Blue transaction.

Another analyst with a positive view was Morningstar, which reaffirmed its "buy" rating on Air NZ following the Virgin deal.

"We think this is a good move by Air NZ although sceptics would argue that the firm's previous investment in Ansett proved to be a disaster. We expect earnings to accelerate this year on the back of strong demand and higher yields."

Like Zame, Morningstar commented on the airline's record through the recession.

Jetstar Asia and Valuair are launching a codeshare partnership with Qantas on major Asia Pacific routes, building up the Jetstar Group’s hub at Singapore Changi Airport.

Since 2004, Qantas has codeshared with Jetstar across most of its Australia, New Zealand and Asia Pacific services.

This arrangement, subject to final regulatory approval, will now be expanded to include Jetstar operations from Singapore, Qantas’ primary hub and Jetstar’s major flying base in Asia.

QF flight numbers will initially be applied to 11 Asian destinations served from Singapore Changi International Airport by Jetstar Asia and Valuair, including Jetstar Asia’s daily Singapore-Auckland A330 service, set to start from March 17, 2011.

Beginning March 1, 2011 and effective for travel from April 1, 2011, the Qantas and Jetstar Asia/Valuair codeshare partnership will cover the following routes operated from Singapore.

Destination

* Singapore-Jakarta (operated by Valuair)
* Singapore-Auckland* (A330 from 17 March 2011)
* Singapore-Kuala Lumpur
* Singapore-Bangkok
* Singapore-Osaka (via Taipei)
* Singapore-Denpasar (Bali)
* Singapore-Penang
* Singapore-Ho Chi Minh City
* Singapore-Phuket
* Singapore-Hong Kong
* Singapore-Taipei

Jetstar Group CEO Bruce Buchanan heralded the partnership saying, “This commercial arrangement strengthens our existing market leadership position for value based flying in Singapore. It also provides greater consumer traction and access to future Jetstar and Qantas services.”

Jetstar Asia CEO Chong Phit Lian said Jetstar’s extended codeshare partnership with Qantas was an important advancement and next step in Jetstar’s evolving Singapore flying hub, a cornerstone to its Pan Asian network expansion and overall large presence in Asia.

“Jetstar’s ongoing strategic development and evolution of our major Singapore flying hub we predict will be greatly enabled over time by this new commercial arrangement with Qantas,” Ms Chong said.

“This is a common sense and practical next step to further develop both our Singaporean and broader Pan Asian business.

“This agreement, enhanced by Jetstar’s current strong competitive market position, will no doubt incentivize future travel from Qantas customers, such as those in the United Kingdom and Europe, on the growing Qantas Group network throughout the Asia Pacific region,” she said.

Chong said the new agreement included for Qantas customers a seamless booking and ticketing experience, with full baggage connectivity, standard Qantas baggage allowance, as well as complimentary onboard offerings such as meals and comfort packs.

Group executive Qantas Airlines commercial, Rob Gurney, said the codeshare agreement with Jetstar would expand Qantas' network of destinations in Asia, providing greater choice and convenience for passengers.

"Singapore is Qantas' major hub in Asia and we are pleased to be able to offer our customers a wider range of travel options from Changi Airport, in partnership with Jetstar Asia and Valuair," Gurney said. “Today’s announcement underline