Qatar Tribune
First Page Gulf / Middle East World
United States South Asia India
Europe Pakistan  
  
United Kingdom Philippines /SE Asia  
Home About Us Advertising Archives Subscribe Site Map Contact Us
 
 
Wednesday, May 22 2013
Mediocre Campaign
THERE are millions of political activists, volunteers, organizers and would-be officeholders. There are hundreds of thousands of elected officials. Yet somehow, out of all this multitude, the Republican Party has been ...
TEACHERS DESERVE MORE
IF you want to understand how great teachers transform lives, listen to the story of Olly Neal.A recent study showed how a great elementary school teacher can raise the lifetime earnings of a single class by $700,000. After I wrote about the study, skeptics of school.
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine
Nation Business Sports Chill Out
Venezuela to acquire Embraer, Airbus jets

AP

CARACAS VENEZUELAN President Hugo Chavez said on Sunday that his government plans to buy new Embraer jets from Brazil as well as used Airbus jets to expand his country’s state airline Conviasa.

Chavez said Venezuela will negotiate credit with the Brazilian Development Bank to buy up to 20 Embraer jets from Brazil.

Chavez thanked Brazilian President Dilma Rousseff “for the credit they’re going to give us.” He said the estimated cost of 20 jets would be $814 million.

The Venezuelan government had said earlier this month that Chavez approved plans to buy six Embraer jets. But during Chavez’s Sunday television and radio program, Oil Minister Rafael Ramirez laid out the options of buying either 10 or 20 Embraer jets.

“It’s enough to see Venezuela’s location on the map to conclude on the pressing need for us to have a very powerful airline,” Chavez said.

Chavez’s government has subsidised Conviasa since its launch in 2004. The president on Sunday did not provide information about how much the government has spent on the airline in recent years.

According to Conviasa’s website, it currently has a fleet of 18 planes. In addition to domestic routes, Conviasa has international flights to cities including Buenos Aires, Argentina, and Damascus, Syria, among others.

Chavez also said Venezuela will buy four used Airbus 340-500 jets from an airline in the United Arab Emirates at a cost of about $60 million per plane.

Bolivian President Evo Morales, a Chavez ally, has announced similar plans to expand his country’s state airline, Boliviana de Aviacion, or BoA.

Page Number 1 2 3


Oil prices up near $111 after EU bans Iran imports
Thyssen, Outokumpu discuss stainless steel tie-up
Apache to buy Cordillera Energy in $2.85bn deal

  About Us Advertising Subscribe Careers Contact Us