Ind vs Eng: Morgan reveals story behind Bell run-out drama

first_imgEngland batsman Eoin Morgan, who was at the non-striker’s end when the Ian Bell run-out controversy happened during the second Test against India, claims that the confusion was caused by umpire Asad Rauf’s ambiguous gestures.Bell was run out when he walked off the crease presuming that the ball had gone for four at the stroke of tea only to realise later that it was in play when he headed for the dressing room. But he was reinstated after India decided to take back the appeal on being requested by England coach Andy Flower and captain Andrew Strauss.Morgan was at the non-striker’s end at that time and revealed that Rauf didn’t quite give a clear answer as to whether the ball was still in play when he asked him.”I said ‘Is it four?’ And Asad (Rauf, the umpire) nodded his head. No, he didn’t nod his head. He sort of gestured. So I just turned round and walked off presuming the ball was dead,” Morgan told The Daily Telegraph.”It was a weird one really because Asad at the end of the over doesn’t actually call ‘over’; he never does. He just gestures to the bowler,” he claimed.Bell and Morgan were then stopped reserve umpire Tim Robinson on the boundary line.”Tim just told us to hold on because they were checking to see if it had gone for four and what action they were going to take because the bails had been taken off,” he recalled.advertisementMorgan insisted that neither he nor Bell had a clue about what was happening in the middle.”I wasn’t really worried until I walked off and Belly told me they’d taken the bails off,” he said. .”In the dressing room we didn’t really know what was going on. We were just waiting around to see what happened.The bell went and we still hadn’t heard anything,” Morgan said.”Billy Bowden (the television umpire) came up to our dressing room three times during the interval to say they hadn’t retracted their appeal,” he elaborated.”Literally two minutes before Matt (Prior) and I were about to go out, the message came through that Belly was still in.”Morgan said he could not really understand the fuss that followed.”It was ridiculous really. If the roles were reversed, we would have felt a responsibility to the spirit of cricket and to the way the game should be played,” he asserted.Talking about the ongoing four-match Test series which England lead 2-0, Morgan said the hosts were aiming for the number one spot.”We want to strive to be No.1. For all the talk outside, inside the changing room it is a matter of keeping things simple and breaking down every part of our game. We know that if we execute our plans we can get to be No 1,” he said.- With inputs from PTIlast_img read more

The Huskies Are Better Than The Wildcats Ever Hoped To Be

Don’t let the UConn women’s one-loss record fool you: The Huskies are the most dominant college basketball team on Earth. Aside from that two-point November loss to Stanford, the Huskies have won every game they’ve played by double digits — since March 12, 2013. In that period, they’re 83-1 with an average margin of victory of 38 points.On Tuesday night, those Huskies take on the Notre Dame Fighting Irish, with the NCAA women’s basketball national championship up for grabs. The UConn team features three freshmen and eight players returning from last year’s championship squad, five of whom are looking for the three-peat. And let’s just say, they have a pretty good chance.Their biggest star and leading scorer is forward Breanna Stewart, a 6-foot-4-inch junior who, in addition to having already won the NCAA player of the year award as a sophomore, averages 1.9 steals and 2.6 blocks per 36 minutes.1All stats as of the start of the Final Four. Senior Kaleena Mosqueda-Lewis — the only player other than Stewart to start for both title teams — has a whopping 68.4 effective field goal percentage2A field goal measure that takes into account the extra points awarded for 3-pointers. (good for second-highest of 1,827 qualifying players). This may be due to her nation-leading 50 percent shooting from 3-point range — on 6.6 attempts per game.3Her teammate Moriah Jefferson shot a slightly higher 50.5 percent but did not have enough attempts to qualify for NCAA 3-point leaderboard. Even the Huskies’ “role-players” get it right — like Kiah Stokes, a senior non-starter who averages only 4.5 points in 18.6 minutes per game but makes those minutes count by averaging 7.5 blocks and 13.3 rebounds per 36.In other words, when the Huskies have the ball, they’re pretty good at putting it into that net hanging from the rim. And when they don’t have the ball, they’re pretty good at stopping their opponents from doing the same. No, really:That cloud in the middle is the other 348 NCAA women’s basketball teams. Teams want to be on the lower-right of the plot, and if you look deep in the lower-right area, you may be able to find Connecticut (highlighted in red so that you don’t mistake it for a flea on your monitor). Yes, that means UConn has — by far — the best offense in the country (even though many of its competitors play in weaker conferences), as well as — by far — the best defense in the country.On average, every trip up and down the floor nets the Huskies more than half a point (0.58 points on average). That’s an insane reciprocal advantage. The next-best are Princeton (who went undefeated in the Ivy League), South Carolina and Notre Dame at +0.33, +0.32 and +0.29 points per possessions exchanged, respectively.In sports, it’s common for the best to be relatively much better than the second-best and for the gap between the first and second-best to be bigger than the gap between the second-best and the third-best, and so on. In other words, it’s pretty normal for the best team in a league or sport to be really, really good. But this UConn team is better.We can line up each team’s reciprocal advantage from worst to best like so:4Small gaps and darker points are the result of ties. This kind of sideways/backwards S-shape distribution is common in sports, and you can see how the vertical distances between points get larger on the ends. This is one reason that great players and teams seem so amazing.But this UConn team takes it to a new level. The distance between it and the next-highest team is 0.25 points, and the distance between it and Notre Dame is the same as the distance between Notre Dame and the average team. You might even say — without being hyperbolic — that UConn has been twice as good as its championship rival.A few more fun facts before we look at the bigger picture:Unsurprisingly, UConn scored the most points per game overall this season (90). Normally, teams that score that much play a fast up-and-down game, so regardless of how good their defenses are, the extra possessions mean their opponents are going to score more points. But UConn isn’t normal, and still managed to allow the fewest points per game (48) of anybody.UConn’s offense led the nation in both 2-point (60.6 percent) and 3-point (40.9 percent) shooting.The Huskies are way down the charts in rebounds per game, but this is pretty much because they don’t miss enough shots to get enough chances. When there was a rebound to get, they nabbed it 58.2 percent of the time — good for the fourth-highest rebounding rate of all 349 teams.They led the NCAA with 8.0 blocks per game.Oh, and the Huskies managed to win by scores in the form of 80-something to 20-something (their 87-24 romp over Memphis, for example) four times.Of course, college basketball seasons are only 40ish games (including tournaments) long, which is less than half of an NBA season. So perhaps this year’s Connecticut team is just having the run of its life.This is at least partially true. The 2014-15 Huskies are an anomaly among anomalies — this year’s squad has been more efficient both offensively and defensively than either of their championship-winning predecessors (including last year’s unbeaten team). But, taken together, this three-year run is even more amazing. If you thought Connecticut’s 2015 offense/defense chart was crazy, here’s something crazier:Each V-shaped line in that tangle shows a team’s three-year performance on offense and defense. The side with a dot is how the team did in 2014-15, the “kink” in the middle is how it did in 2013-14, and the open end is how it did in 2012-13. At the center of the chart, note the chaotic 348-team jumble — if you can’t find, say, McNeese State, that’s the point. Most teams vary a lot from year to year. And when a team strays very far from the league’s center of gravity, it is likely to come crashing back.Except UConn. Once again, while it may look like someone accidentally took a red Sharpie to your monitor, that little red brush stroke is actually the Huskies. And not only are they nowhere near the pack, they appear to be running away from it.Indeed, each of UConn’s points scored per possession in the past three seasons is higher than any other team’s, which means that the other teams had a combined 1,044 chances to match UConn’s worst offensive season, and none could. Similarly, no other team has ceded fewer points per possession over a season than UConn’s 0.68 in 2012-13 — its worst season of the past three by this metric (though kudos to Hampton for matching it).Connecticut’s three-year performance is impressive not only for being extreme, but also for being extremely consistent. Sure, this year’s squad had even better efficiency stats than the previous two, but way out in space like that, such distinctions mean little. Some of their statistical improvement in the past two years may stem from their 2013 move from the Big East conference into the weaker American Athletic Conference. For example, my homebrew-version of SRS (Simple Rating System) — a stat that adjusts team strength to account for strength of schedule — slightly prefers the 2012-13 squad.5FYI, UConn has a history of cleaning up in this stat, posting eight of the top 12 seasons of the past 15 years. But because UConn is so good and its games are often decided by halftime or earlier, exactly how much it’s going to dominate is practically a coaches’ decision. (My colleague Carl Bialik found that its average lead at the half this year was 25 points.)So instead of looking at fancy small-scale possession-based stats and the like, let’s step back and look at the big picture. Here are the basic cumulative tallies of UConn’s points scored and points allowed after each game for the past three years:The dots represent where the Huskies stood after winning each championship. If you look incredibly carefully, it looks like the yellow “defense” line trends downward a tiny bit this year, but for the most part, it’s pretty remarkable how flat each is and how constant the ratio between the two lines is. Note that those lines don’t represent trends or a local regression or anything fancy — only consistency.And this is nothing new during coach Geno Auriemma’s reign. Whether it’s his schemes, his managerial style, his training or just his uncanny ability to recruit (or poach) all the best female basketballers to the Nutmeg State, Auriemma is on the threshold of yet another amazing accomplishment.It’s hard to believe that the great Geno toiled with this program for 10 years before it even sniffed a chance at a championship in 1995. But since then, wow. Connecticut has reached nine NCAA tournament finals and has won each time. This year gives Auriemma the chance to match John Wooden’s 10 national championships.6Note Wooden didn’t have to deal with a 64-team tournament, but that cuts both ways: The larger field means a team has to win more games, but it also makes it a bit more likely to face weaker opposition from “Cinderellas” that make it into later rounds. And to get there, all the Huskies need to do is beat archrival Notre Dame.In this season’s only meeting between the two, the Huskies beat the Fighting Irish in South Bend by (a mere) 18 points. But while Connecticut has lost only five games in the past three seasons, three were against Notre Dame — all in early 2013. Unfortunately for Notre Dame, the fourth time was the charm that year, as the Huskies beat the Fighting Irish in the Final Four en route to the title. They’ll have to take down a juggernaut to return the favor. read more

Dr Myles Ruth Munroe and Pastor Richard Pinder Farewell Services Revealed

first_img Recommended for you TENS OF THOUSANDS TO SAY FAREWELL TO THE MUNROES; CREFLO DOLLAR INCLUDED Bahamas delegation lands this morning for four day Gospel conference in Provo Related Items:bfmi, Dr. Myles Munroe, farewell service, Pastor Dave Burrows, richard pinder. Facebook Twitter Google+LinkedInPinterestWhatsAppThe Bahamas, 17 Nov 2014 – The farewell services of Dr Myles & Ruth Munroe and Pastor Richard Pinder are revealed as set for early December. A National Thanksgiving Service is December 3rd at a venue to be announced… an invitation only service for Dr Myles and his wife, RuthAnn is at BFMI for December 4th and Dr. Richard Pinder, who also died in that plane crash in Freeport eight days ago will be buried on December 2nd, 2014, also at BFM. The service will be streamed live… churches around the world are being encouraged to hold ceremonies at their sanctuaries simultaneously. Pastor Dave Burrows, a founding member of BFM has taken the lead at the ministry; he is named new Senior Pastor. The funeral service of the Parks family is set for this weekend. Deputy Premier attends state recognized funeral service for Dr. Myles Munroe Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Audi launching 30 electrified vehicles by 2025

first_img More From Roadshow Following the launch of the E-Tron SUV this spring, Audi will bring the E-Tron Sportback — likely called E-Tron Performance — to market. It packs all the goodies of the standard E-Tron in a sort of crossover-coupe shape. In other words, it’s an E-Tron SUV with a more heavily raked roofline and slightly wider proportions.In 2020, Audi will launch the Q4 E-Tron, which rides on the Volkswagen Group’s MLB Evo electric vehicle architecture. As we reported earlier, the production Q4 E-Tron will look remarkably similar to the concept car, the production Q4 E-Tron will look remarkably similar to the concept car from this year’s Geneva Motor Show, right down to the funky, customizable LED running lights.The E-Tron GT will also arrive in 2020, and will share a number of its components with the upcoming Porsche Taycan, including a new, 800-volt charging system. Much like the Q4 E-Tron, the production GT will bear a striking resemblance to the concept from last year’s Los Angeles Auto Show, though it, too, will gain real door handles and a bit more texturing around the front fascia.Early next decade, a number of electrified Audis will launch on the company’s new PPE architecture, co-developed with Porsche. It’s unclear exactly what Audi has in store for this PPE platform, but Porsche has already confirmed the next-generation Macan SUV will use this electrified base. 51 Photos 26 Photos Audi’s new E-Tron electric SUV will hit the road in the US in the coming months. It’s a big step forward for the German automaker’s electrification plans, but as it turns out, it’s only the tip of the iceberg.At an event at Audi’s headquarters in Ingolstadt, Germany, on Wednesday, company executives confirmed the brand will launch 30 electrified vehicles by the year 2025. The key word here is electrified — as in, not necessarily fully electric. Cars like the recently announced A6, A7, A8 and Q5 plug-in hybrids count toward this 30-vehicle goal. 2018 Audi Q7: Rockin’ the suburbs 0 2018 Audi S4: The sweet spot sport sedan Audi E-Tron GT concept on the streets of Los Angeles Electric Cars Luxury cars Audi Share your voice Post a comment Tags 2019 Audi E-Tron basking in the desert sun 2019 Audi Q8 review: Stop worrying and love the roof Audilast_img read more

Merkel faces tricky coalition talks

first_imgChristian Democratic Union (CDU) party leader and German Chancellor Angela Merkel leaves the stage after her speech after the announcement of poll results in the German general election (Bundestagswahl) in CDU headquarters in Berlin, Germany, 24 September, 2017. Photo: ReutersGerman Chancellor Angela Merkel woke up Monday to a fourth term but now faces the double headache of an emboldened hard-right opposition party and thorny coalition talks ahead.If the campaign was widely decried as boring, its outcome was a bombshell-a populist surge weakened Merkel’s conservatives as well as the centre-left Social Democrats, handing both their worst results in decades.“A nightmare victory for Merkel,” said Germany’s best-selling daily Bild.After 12 years in power and running on a promise of stability and continuity, Merkel’s CDU/CSU bloc scored 33 percent, according to final results, against 20.5 percent for the Social Democrats under challenger Martin Schulz, who pledged to go into the opposition.The election spelt a breakthrough for the anti-Islam Alternative for Germany (AfD), which with 12.6 percent became the third strongest party and vowed to “go after” Merkel over her migrant and refugee policy.News weekly Der Spiegel said Merkel had no one but herself to blame for the bruising she got from voters.“Angela Merkel deserved this defeat,” Spiegel’s Dirk Kurbjuweit wrote, accusing her of running an “uninspired” campaign and “largely ignoring the challenges posed by the right”.The entry of dozens of hard-right nationalist MPs to the glass-domed Bundestag chamber breaks a taboo in post-World War II Germany.“We will take our country back,” vowed the AfD’s jubilant Alexander Gauland, who has recently urged Germans to be proud of their war veterans and said a government official who is of Turkish origin should be “dumped in Anatolia”.While joyful supporters of the AfD-a party with links to the far-right French National Front and Britain’s UKIP-sang the German anthem at a Berlin club late Sunday, hundreds of protesters shouted “Nazis out!”‘Bitter disappointment’ -All other political parties have ruled out working with the AfD, whose leaders call Merkel a “traitor” for allowing in more than one million asylum seekers since the height of the refugee influx in 2015.While Germany still digests the rise of the right-wingers, Merkel’s inner circle will prepare Monday for what could be lengthy coalition talks ahead with a number of smaller parties.Party leaders will meet at 0700 GMT at Berlin headquarters to draw their conclusions from the election that some have dubbed a referendum on the refugee crisis, a contentious issue especially for her Bavarian CSU allies.CSU chief Horst Seehofer, a vocal critic of Merkel’s asylum policy, called the poll outcome a “bitter disappointment” and vowed to close the “open flank” on the right before state elections next year, signalling more trouble ahead.A weakened Merkel must now find a new junior partner after the Social Democrats (SPD) declared they would go into opposition, to recover the support they lost while governing in Merkel’s shadow.Schulz, putting a brave face on the defeat, vowed that the 150-year-old traditional workers’ party would serve as “the bulwark of democracy in this country” and stop the AfD from leading the opposition.‘Jamaica coalition’ -This will likely force Merkel to team up with two smaller, and very different, parties to form a lineup dubbed the “Jamaica coalition” because the three parties’ colours match those of the Caribbean country’s flag.One is the pro-business and liberal Free Democratic Party (FDP), which scored a 10.7-percent comeback after crashing out of parliament four years ago.The other is the left-leaning, ecologist Greens party, a pioneer of Germany’s anti-nuclear movement which won 8.9 percent on campaign pledges to drive forward the country’s clean energy shift and fight climate change.The far-left Die Linke, traditionally an opposition party, took 9.2 percent of votes.Weeks, if not months, of jockeying and horse-trading could lie ahead to build a new government and avoid snap elections.The FDP has governed with the conservatives before, and the two have in the past been seen as “natural allies”.But its leader Christian Lindner has pointed to new “red lines”, voicing scepticism especially on French President Emmanuel Macron’s plans for a single eurozone budget, which Merkel has cautiously greeted.The Greens, meanwhile, sharply differ with the FDP and CSU on key issues from immigration to the environment, pushing to expand wind farms, phase out coal and take to task car makers over the “dieselgate” emissions cheating scandal.last_img read more

Indias US govt securities holdings touch new high at 117 billion

first_imgContinuing to increase its exposure to US government bonds, India’s holding of such securities touched a new high of $117 billion in June, amid mixed global economic trends. India has purchased nearly $45 billion worth such securities in the first six months of this year.In June, China continued to have the maximum exposure with holdings worth over $1.27 trillion, followed by Japan ($1.19 trillion). Since start of this year, India has been steadily hiking its exposure, which stood at $91.2 billion in January. Also Read – I-T issues 17-point checklist to trace unaccounted DeMO cashAt the end of 2014, the holdings were worth $72.4 billion. Latest data from the US Treasury Department showed that India’s holdings rose to $117 billion in June from $114 billion recorded in May.Among the BRIC grouping, only Brazil trimmed its holdings in June to $256.3 billion while Russia’s rose to $72 billion. China too marginally increased its exposure during the same period.The United States, also the world’s largest economy, saw its GDP grow 2.3 per cent in the three months ended June. Also Read – Lanka launches ambitious tourism programme to woo Indian tourists”Real gross domestic product — the value of the production of goods and services in the US, adjusted for price changes — increased at an annual rate of 2.3 per cent in the second quarter of 2015,” according to advance estimate released by the US Bureau of Economic Analysis last month.Meanwhile, global economy is witnessing uncertain times and there are rising concerns about Chinese economic health while Europe is seeing a fragile recovery.last_img read more

30yearold youth assaults minor at Basanti

first_imgKolkata: An eight-year-old minor girl from Basanti in South 24-Parganas was allegedly assaulted by a 30-year-old youth from her locality.The family members of the victim alleged that the accused, identified as Sahidul Seikh, tried to kill the girl after torturing her. The victim had several injurymarks on her body.They also alleged that the accused lured the victim with false promises and took her to an abandoned place on Monday afternoon. The minor girl did not hesitate to accompany him as he was an acquaintance. Also Read – Rain batters Kolkata, cripples normal lifeThe accused assaulted the victim, who fell ill after the incident. She was threatened with dire consequences if she revealed anything about the incident.The accused beat up the girl when she threatened to reveal about the incident to her parents. As the victim fell unconscious, the accused youth dumped her there and returned home.After a brief moment, the girl gained consciousness and locals heard her screams. They rushed the victim to Basanti block health centre and later, to Canning Sub-divisional hospital as her condition deteriorated. Meanwhile, her family members reached hospital. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThey later lodged a complaint at the local police station on the basis of which police have started a probe. Medical tests also confirmed that the girl was tortured.Police are yet to record her statement. Her health condition is stated to be serious. The family members demanded stern action against the accused youth. Police have started a probe into the incident following the complaint. Raids are being conducted at various places of the district to nabthe culprit.last_img read more

Visual Computing in Focus

first_img 2 min read Register Now » March 12, 2010 This story appears in the April 2010 issue of Entrepreneur. Subscribe » No matter how persuasive your pitch or how silver-tongued your spiel, everything sells better if there’s something to see. There’s even data to back it up: According to the U.S. Department of Labor, more than 80 percent of comprehension occurs via visual input, and people retain 6.5 times more information when visual aids complement verbal interaction.”In today’s world, the best way to communicate is to show,” says Bob Grim, director of product marketing for semiconductor giant Advanced Micro Devices, in Sunnyvale, Calif.To that end, the company’s new Vision Pro program is designed specifically for small businesses: It includes support for multiple monitors, video conferencing software and tools to create and view marketing and sales materials incorporating embedded video and 3-D graphics.Vision Pro even tweaks the visual formula to promote graphics performance to laptop-toting SMBs. The platform includes AMD’s M880G and M780G chipsets and its dual-core Turion II Ultra, Turion II, Athlon II series of processors. Notebooks powered by the Vision Pro solution start at $449, Grim says.Lenovo’s new ThinkPad Edge, $579, and ultraportable ThinkPad x100e systems, $449, introduced in January during the annual Consumer Electronics show, both feature the platform. AMD adds it plans to expand the program to desktops later this year.”People who are in marketing and sales, or in any position where you’re trying to drive revenue, are the people who can really benefit from this,” Grim says. “Companies that make a compelling visual presentation stand the best chance of succeeding.” Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Globallast_img read more

Terrorism insurance coverage has quadrupled in just three years

first_imgTags: Insurance, Trend Watch Posted by ST. PETERSBURG, Fla. — In what can be regarded as a sign of the times, a travel insurance comparison site has reported that the number of travel insurance policies purchased with Terrorism coverage has reached an all-time high, nearly quadrupling in the past three years.According to sales data from Squaremouth, more than 1 in 10 travellers search for Terrorism coverage on its website, with numbers increasing each year since 2012. In the past three years, the number of customers who specifically searched for and purchased a policy with Terrorism coverage has increased by 280%; in the past year alone, that number increased by 165%.The site also compiled a list of the three-year growth percentage of American travellers buying Terrorism coverage for top destinations. The most popular destination among travellers is the United States, with a growth percentage of 268%. Mexico (364%), Italy (242%), Canada (313%) and United Kingdom (344%) rounded out the top five destinations.More news:  Transat calls Groupe Mach’s latest offer “highly abusive, coercive and misleading”Over the past three years, the number of U.S. travellers searching for Terrorism coverage when buying insurance for trips to top European destinations increased by 332%. And with a 506% increase, American travellers heading to Germany were the most concerned.The Terrorism insurance benefit provides cancellation coverage if a traveller is unable to take their trip due to a terrorist attack at their destination. In order for a traveller to be covered to cancel a trip due to terrorism, the attack must meet the following requirements:It must be deemed an act of terrorism by the U.S. Department of StateIt must be within 7-30 days of the traveler’s departure date, depending on the policyIt must occur in or near a city listed on the traveller’s itineraryThe traveller must have purchased their policy prior to the attack Travelweek Group Tuesday, April 18, 2017 center_img Share << Previous PostNext Post >> Terrorism insurance coverage has quadrupled in just three yearslast_img read more

Air Canada says its new loyalty program will help to increase share

first_imgAir Canada says its new loyalty program will help to increase share price further Tags: Air Canada The Canadian Press MONTREAL — Air Canada’s move to launch its own loyalty program in 2020 will help to attract more foreign investors and narrow a gap in the value of its stock compared with its American rivals, CEO Calin Rovinescu said Monday.Air Canada is negotiating with potential credit card partners and expects to announce a decision by the end of the year, the company said. The airline served notice last year that it does not plan to renew its more than 30-year-long partnership with Aimia Inc.-operated Aeroplan when the current contract ends in 2020.Rovinescu said the company’s decision not to renew its Aeroplan partnership will deliver up to about $2.5 billion of value for investors, which could go a long way to eliminate some of the difference in how investors value the Canadian airline compared with its U.S. peers.Part of the differential is due to the higher cost of doing business in Canada because of the fee and charges that U.S. airlines don’t face operating out of its airports, he said.Chief financial officer Michael Rousseau added that the share price gap could also be narrowed as it attracts more investors from the U.S., Europe and Asia. Currently, 42% of its shareholders are from outside of Canada.Closer to home, Air Canada said it is preparing to deploy its Rouge low-cost airplanes this summer on transcontinental routes to Western Canada in order to compete with ultra-low-cost rivals, including WestJet Airlines, which is preparing to launch its Swoop ultra-low-cost airline in June.More news:  Hotel charges Bollywood star $8.50 for two bananas and the Internet has thoughtsThe routes will be between Montreal and Victoria, along with Toronto to Nanaimo and Kamloops, B.C., starting in June.Air Canada is also looking to capitalize on labour woes at its rival WestJet and preparing to increase capacity if required in response to a potential strike by WestJet pilots.“We certainly don’t take any pleasure from seeing WestJet’s current challenges and woes but certainly it’s our objective that if there was a business opportunity there we’ll seize upon it as they sought to do,” Rovinescu told shareholders.Air Canada reported a smaller-than-expected loss in its first quarter as its revenue grew compared with a year ago, boosted by increased capacity and passenger traffic.The Montreal-based airline said it lost $170 million, or 62 cents per diluted share, in its slowest quarter of the year, compared with a loss of $13 million or five cents per share in the same quarter last year.Operating revenue for the quarter totalled a record $4.07 billion, up from $3.64 billion, helped by the business cabin where revenues were up nearly 14% on higher traffic and prices.More news:  Windstar celebrates record-breaking bookings in JulyNon-fare ancillary revenues grew 17%, mainly from seat selection and preferred seats, which were up 56%, and upgrades that were 37% higher.The strong results were achieved despite higher costs resulting from winter service disruptions, Rovinescu told analysts.“Despite these challenges, our first quarter performance demonstrates our ability to perform against headwinds and our progress towards consistent earnings and long-term sustained profitability,” he said.On an adjusted basis, Air Canada said it lost $52 million or 19 cents per diluted share compared with an adjusted loss of $63 million or 23 cents per diluted share a year ago. The improvement came despite higher fuel prices.Analysts on average had expected an adjusted loss of 44 cents per share for the quarter, according to Thomson Reuters.Air Canada will consider instituting a dividend as it gets closer to achieving an investment grade credit rating by the end of 2020, said Rousseau.However, based on other airlines, he wasn’t sure there is any real reward from having a dividend program. He added that most shareholders he hears from prefer the company to reduce its debt and buy back some shares. Sharecenter_img Posted by Tuesday, May 1, 2018 << Previous PostNext Post >>last_img read more