ozvc Lockheed Martin is hopeful of C-130J sales

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Frqm Alsalam gets Marshall plan
Asia s carriers have again been reporting mixed sets of financial results for last year. They are in agreement about one thing - the SARS crisis means this year is going to be a challenge, writes Nicholas Ionides in SingaporeSince the SARS virus spread from mainland China to Hong Kong and beyond in February and March, Asian carriers have been battered, some reporting unprecedented monthly drops in passenger traffic of more than 80%. The effect was felt throughout the region virtually overnight and while there are signs that a slow recovery is beg yeezy inning to take shape, with the World Health Organisation WHO recently lifting owala website its travel advisory on Beijing, the majors are still in a pessimistic mood.Singapore Airlines SIA , reported a 22% drop in operating profit for its 2002/3 financial year to March. The carrier went on to forecast a loss for the June quarter, which would be the first in its history. The outlook in the near- term is dismal, says SIA, warning investors that the impact of SARS on earnings is likely to be substantial .SIA was one of the first major airlines to cut flights across its network; withdraw aircraft from service; freeze unnecessary spending; and demand wage concessions from staff. They were moves that were quickly matched by most others in the region.In March, Cathay Pacific Airways had been able to report solid profits for its 2002 calendar year, unaffected by SARS. But by air max 1 April it was forced to take drastic cost-cutting action and also issued its Euee Mountaineering film Broad Peak wins inaugural Screen works-in-progress award at New Horizons Film Festival
Hollywood signFilm financier and producer Christopher Woodrow has launched MovieCoin, a financing fund that becomes the latest announcement in what is shaping up to become a Hollywood blockchain craze.MovieCoin uses a blockchain-based platform and cryptographic tokens through which qu yeti alified investors will be able to finance film and TV. The services transparent mechanism, Woodrow claims, will significantly improve industry accounting and payment practices.The company will issue a token to raise capital to invest in entertainment assets. Each fund token will represent an ownership interest in the projects financed by the company. Only accredited investors under Regulation D and non-US people under Regulation S of the United States Securities Exchange Act can participate.MovieCoin expects these tokens to afford investors infinite divisibility and enhanced liquidity when compared to existing industry investment vehicles. It will tokenise films and television programmes yeezy store using BANKEXs proof-of-asset prot owala website ocol, smart contracts and smart asset assembly.Financiers and other institutions will receive a transparent ledger of all of expenditures, receipts, entitlements and ownership of each project the company finances.In addition to the Fund token, the Company is also issuing a token called Moviecoin that will enable consumers to purchase theatre tickets, buy or rent films or television programmes on DVD and Blu-ray or through VOD services, and subscribe to programming offered by oth