Israel's first F-35 jets land as Trump blasts costs

December 13, 2016

Nevatim Air Base (Israel), Dec 13: The US F-35 stealth fighter programme suffered a dual blow today as President-elect Donald Trump blasted "out of control" costs and bad weather delayed delivery to Israel by six hours.Trump reuters1

With US Defence Secretary Ashton Carter in Israel for the arrival of the first two of 50 of the warplanes bought from aerospace giant Lockheed Martin, Trump lashed out on Twitter against the programme.

"The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th," Trump said, referring to his inauguration day.

Lockheed Martin's stock tumbled 4.3 per cent shortly after the tweet, which prompted a response from the company. With a current development and acquisition price tag of USD 379 billion for a total of 2,443 F-35 aircraft - most of them destined for the US Air Force - the plane is the most expensive in history.

Once servicing and maintenance costs are factored in over the aircraft's lifespan through 2070, overall programme costs are expected to soar to USD 1.5 trillion.

Speaking at the landing site in southern Israel, Jeff Babione, Lockheed's programme manager for the F-35s, told journalists the planes represented a good deal. "It's great value and I look forward to any questions that the president-elect may have," he said.

In Israel, the first two F-35s landed at Nevatim air base at around 8.15 pm (1845 GMT), around six hours late after being delayed by bad weather in Italy, believed to be fog.

Some 4,000 people had been expected to watch the landings but the crowds thinned as the landing was delayed, leaving only around half the seats full by nightfall.

The two planes came to a halt in front of the spectators, one on each side of the stage erected for speeches of welcome. "The aircraft landing here will change the rules of the game," President Reuven Rivlin said.

Prime Minister Benjamin Netanyahu referred to Israel's air force as the state's long arm. I want to tell the people of Israel today that this long arm today became longer, more powerful," he said.

"Anyone thinking of attacking us will be attacked," he added, in an apparent reference to arch-foe Iran. "Anyone thinking of destroying us places his own existence in danger."

A Lockheed official said the delivery delay was caused by Italian air safety regulations, rather than any limitation of the planes, but this did not stop jibes.

"Here's hoping we only go to war on sunny days..." one Israeli joked on Twitter. The Trump attack and the delay in the fighters' arrival threatened to overshadow what Israel had labelled a key day in its military's future.

While other countries have ordered the planes, Israel - which receives more than USD 3 billion a year in US defence aid - says it will be the first outside the US with an operational F-35 squadron.

Carter and Israeli Defence Minister Avigdor Lieberman joined Netanyahu and Rivlin at the ceremony.

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April 9,2020

Washington, Apr 9: At least 11 Indians have died of COVID-19 in the United States with another 16 testing positive for the infection which has claimed more than 14,000 lives and afflicted more than four lakh people in the US.

All Indian citizens who have succumbed to the deadly infection in the US are male, with ten of them from New York and New Jersey area. Four of the victims are said to be taxi drivers in New York City.

New York City has emerged as the US epicentre for COVID-19 spurt, accounting for more than 6,000 deaths and over 1,38,000 cases of infections. New Jersey accounts for 1,500 fatalities and nearly 48,000 infections.

One Indian national reportedly died in Florida because of coronavirus. Authorities are also ascertaining the nationality of some other Indian origin people in the States of California and Texas.

All 16 Indians, including four females, who have tested positive for coronavirus are in self-quarantine. Coming from diverse background, eight of them are from New York, three from New Jersey and rest from other states like Texas and California. They hail from Indian states like Uttarakhand, Maharashtra, Karnataka and Uttar Pradesh.

Indian Embassy and consulates across the United States are working closely with local authorities and Indian-American organizations to provide necessary assistance to Indian nationals and students affected with COVID-19.

Because of the strict travel restrictions and regulations to prevent the spread of the deadly virus, local city officials have been performing the last rites of the deceased and in many cases are not allowing even their immediate family members to attend their cremations, officials said.

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Agencies
May 28,2020

More than one in six youths were jobless since the onset of the COVID-19 pandemic while those who remain employed have seen their working hours cut by 23 per cent, according to a report by the International Labour Organisation (ILO).

According to the 'ILO Monitor: COVID-19 and the world of work: 4th edition' published on Wednesday, youths are being disproportionately affected by the pandemic, and the substantial and rapid increase in youth unemployment seen since February is affecting young women more than young men, reports Xinhua news agency.

The pandemic is inflicting a triple shock on young people.

Not only is it destroying their employment, but it is also disrupting education and training, and placing major obstacles in the way of those seeking to enter the labour market or to move between jobs, said the report.

At 13.6 per cent, the youth unemployment rate in 2019 was already higher than any other group.

There were around 267 million young people not in employment, education or training worldwide.

"If we do not take significant and immediate action to improve their situation, the legacy of the virus could be with us for decades," said ILO Director-General Guy Ryder.

"If their talent and energy is sidelined by a lack of opportunity or skills, it will damage all our futures and make it much more difficult to re-build a better, post-COVID economy."

The report called for urgent, large-scale and targeted policy responses to support youth, including broad-based employment/training guarantee programs in developed countries, and employment-intensive programs and guarantees in low- and middle-income economies.

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News Network
March 16,2020

New Delhi, Mar 16: Due to the coronavirus pandemic, most airlines in the world will be bankrupt by the end of May and only a coordinated government and industry action right now can avoid the catastrophe, said global aviation consultancy firm CAPA in a note on Monday.

"As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants," it stated.

Across the world, airlines have announced drastic reduction in their operations in the wake of the coronavirus outbreak. For example, Atlanta-based Delta Air Lines stated on Sunday that it would be grounding 300 aircraft in its fleet and reduce flights by 40 per cent.

The US has suspended all tourist visas for people belonging to the European Union, the UK and Ireland. Similarly, the Indian government has suspended all tourist visas and e-visas granted on or before March 11.

CAPA, in its note on Monday, said, "By the end of May-2020, most airlines in the world will be bankrupt. Coordinated government and industry action is needed - now - if catastrophe is to be avoided."

Cash reserves are running down quickly as fleets are grounded and "what flights there are operate much less than half full", it added.

"Forward bookings are far outweighed by cancellations and each time there is a new government recommendation it is to discourage flying. Demand is drying up in ways that are completely unprecedented. Normality is not yet on the horizon," it said.

India's largest airline IndiGo -- which has around 260 planes in its fleet -- said on Thursday that it has seen a decline of 15-20 per cent in daily bookings in the last few days.

The low-cost carrier had stated that it expects its quarterly earnings to be materially impacted due to such decline.

CAPA said the failure to coordinate the future will result in protectionism and much less competition.

"The alternative does not bear thinking about. An unstructured and nationalistic outcome will not be survival of the fittest.

"It will mostly consist of airlines that are the biggest and the best-supported by their governments. The system will reek of nationalism. And it will not serve the needs of the 21st century world. That is not a prospect that any responsible government should be prepared to contemplate," the consultancy firm said.

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