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IAS Cargo Airlines
International Aviation Services Limited, trading as IAS Cargo Airlines from 1975, is a defunct wholly privately owned, independentindependent from government-owned corporations British airline that was based at London Gatwick Airport in the United Kingdom. It commenced operations in 1967 and went bankrupt in 1980, following a merger with London Stansted based Trans Meridian Air Cargo (TMAC) to form the short-lived British Cargo Airlines. History Beginning International Aviation Services Ltd was an air transport consultancy formed in 1966. It commenced worldwide cargo charters from London Gatwick in 1967 with leased, second-hand Bristol Britannia 300F turboprop equipment.these aircraft comprised two former Caledonian Britannia 314s acquired from British Caledonian Airways in 1971 (one of which entered service while the other was used for spares) It began replacing leased equipment with its own aircraft in 1971, acquired its own air operator's certificate in June 1972 in ...
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London Gatwick
Gatwick Airport (), also known as London Gatwick , is a major international airport near Crawley, West Sussex, England, south of Central London. In 2021, Gatwick was the third-busiest airport by total passenger traffic in the UK, after Heathrow and Stansted airports, and was the 36th-busiest in Europe by total passenger traffic. It covers a total area of . Gatwick opened as an aerodrome in the late 1920s; it has been in use for commercial flights since 1933. The airport has two terminals, the North Terminal and the South Terminal, which cover areas of and respectively. It operates as a single-runway airport, using a main runway with a length of . A secondary runway is available but, due to its proximity to the main runway, can only be used if the main runway is not in use. In 2018, 46.1 million passengers passed through the airport, a 1.1% increase compared with 2017. History The land on which Gatwick Airport stands was first developed as an aerodrome in the late ...
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Jet Aircraft
A jet aircraft (or simply jet) is an aircraft (nearly always a fixed-wing aircraft) propelled by jet engines. Whereas the engines in propeller-powered aircraft generally achieve their maximum efficiency at much lower speeds and altitudes, jet engines achieve maximum efficiency at speeds close to or even well above the speed of sound. Jet aircraft generally cruise most efficiently at about Mach 0.8 () and at altitudes around or more. The idea of the jet engine was not new, but the technical problems involved could not begin to be solved until the 1930s. Frank Whittle, an English inventor and RAF officer, began development of a viable jet engine in 1928, and Hans von Ohain in Germany began work independently in the early 1930s. In August 1939 the turbojet powered Heinkel He 178, the world's first jet aircraft, made its first flight. A wide range of different types of jet aircraft exist, both for civilian and military purposes. History After the first instance of powered ...
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Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale Anthropogenic hazard, anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as monetary policy, incr ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the us ...
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Synergy
Synergy is an interaction or cooperation giving rise to a whole that is greater than the simple sum of its parts. The term ''synergy'' comes from the Attic Greek word συνεργία ' from ', , meaning "working together". History In Christian theology, synergism is the idea that salvation involves some form of cooperation between divine grace and human freedom. The words ''synergy'' and ''synergetic'' have been used in the field of physiology since at least the middle of the 19th century: SYN'ERGY, ''Synergi'a'', ''Synenergi'a'', (F.) ''Synergie''; from ''συν'', 'with', and ''εργον'', 'work'. A correlation or concourse of action between different organs in health; and, according to some, in disease. :—Dunglison, Roble''Medical Lexicon''Blanchard and Lea, 1853 In 1896, Henri Mazel applied the term "synergy" to social psychology by writing ''La synergie sociale'', in which he argued that Darwinian theory failed to account of "social synergy" or "social love", a col ...
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Cunard Line
Cunard () is a British shipping and cruise line based at Carnival House at Southampton, England, operated by Carnival Corporation & plc#Carnival United Kingdom, Carnival UK and owned by Carnival Corporation & plc. Since 2011, Cunard and its three ships have been registered in Hamilton, Bermuda. In 1839, Samuel Cunard was awarded the first British transatlantic steamship mail contract, and the next year formed the British and North American Royal Mail Steam-Packet Company in Glasgow with shipowner Sir George Burns together with Robert Napier (engineer), Robert Napier, the famous Scottish steamship engine designer and builder, to operate the line's four pioneer paddle steamers on the Liverpool–Halifax–Boston route. For most of the next 30 years, Cunard held the Blue Riband for the fastest Atlantic voyage. However, in the 1870s Cunard fell behind its rivals, the White Star Line and the Inman Line. To meet this competition, in 1879 the firm was reorganised as the Cunard Stea ...
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Trafalgar House (company)
Trafalgar House was a British conglomerate with interests in property investment, property development, engineering, construction, shipping, hotels, energy and publishing. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index but eventually floundered in the mid-1990s. History Trafalgar House was founded by entrepreneur Nigel Broackes, whose interests in share dealing and small scale property development brought him into contact with the directors of the Eastern International Investment Trust, a small trust quoted on the London Stock Exchange. In 1959, Broackes acquired a 42 per cent holding in Eastern's property subsidiary, Eastern International Property Investments (EIPI). Two years later, Broackes formed a relationship with Commercial Union which bought shares in EIPI and prepared to act as a financial backer for new property developments. Almost immediately EIPI bought a 55 per cent stake in CU's residential property subsidiary Westmin ...
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Stansted
London Stansted Airport is a tertiary international airport serving London, England, United Kingdom. It is located near Stansted Mountfitchet, Essex, England, northeast of Central London. London Stansted serves over 160 destinations across Europe, Asia and Africa. Stansted is a base for a number of major European low-cost carriers, being the largest base for low-cost airline Ryanair, with over 100 destinations served by the airline. In 2015, it was the fourth-busiest airport in the United Kingdom after Heathrow, Gatwick, and Manchester. However as of 2021 numbers, it is second largest in the country. Stansted's runway is also used by private companies such as the Harrods Aviation, Titan Airways, and XJet terminals, which are private ground handlers that are able to handle private flights, charter flights, and state visits. Converted to civil use from RAF Stansted Mountfitchet in the late 1940s, Stansted was used by charter airlines. It came under British Airports Aut ...
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Finnair
Finnair ( fi, Finnair Oyj, sv, Finnair Abp) is the flag carrier and largest airline of Finland, with its headquarters in Vantaa on the grounds of Helsinki Airport, its hub. Finnair and its subsidiaries dominate both domestic and international air travel in Finland. Its major shareholder is the government of Finland, which owns 55.9% of its shares (as of 2014). Finnair is a member of the Oneworld airline alliance. Finnair is the sixth oldest airline in continuous operation and is consistently listed as one of the safest in the world. The company slogans are ''Designed for you'' and ''The Nordic Way.'' History Founding In 1923, consul Bruno Lucander founded Finnair as Aero O/Y (''Aero Ltd''). The company code, "AY", stands for Aero Osake-yhtiö ("yhtiö" means "company" in Finnish). Lucander had previously run the Finnish operations of the Estonian airline Aeronaut. In mid-1923 he concluded an agreement with Junkers Flugzeugwerke AG to provide aircraft and technical sup ...
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English Channel
The English Channel, "The Sleeve"; nrf, la Maunche, "The Sleeve" ( Cotentinais) or ( Jèrriais), ( Guernésiais), "The Channel"; br, Mor Breizh, "Sea of Brittany"; cy, Môr Udd, "Lord's Sea"; kw, Mor Bretannek, "British Sea"; nl, Het Kanaal, "The Channel"; german: Ärmelkanal, "Sleeve Channel" (French: ''la Manche;'' also called the British Channel or simply the Channel) is an arm of the Atlantic Ocean that separates Southern England from northern France. It links to the southern part of the North Sea by the Strait of Dover at its northeastern end. It is the busiest shipping area in the world. It is about long and varies in width from at its widest to at its narrowest in the Strait of Dover."English Channel". ''The Columbia Encyclopedia'', 2004. It is the smallest of the shallow seas around the continental shelf of Europe, covering an area of some . The Channel was a key factor in Britain becoming a naval superpower and has been utilised by Britain as a natural ...
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Air Freight
Air cargo is any property carried or to be carried in an aircraft. Air cargo comprises air freight, air express and airmail. Aircraft types Different cargo can be transported by passenger, cargo or combi aircraft: * Passenger aircraft use the spare volume in the airplane's baggage hold (the "belly") that is not being used for passenger luggage—a common practice used by passenger airlines, who additionally transport cargo on scheduled passenger flights. Cargo can also be transported in the passenger cabin as hand-carry by an “on-board courier”. This practice can often be used to cross subsidise loss-making passenger routes that would otherwise be uneconomical to operate. A passenger aircraft can also be used as a preighter in which the entire passenger cabin is temporarily dedicated to carrying freight. * Cargo aircraft are dedicated for the job—they carry freight on the main deck and in the belly by means of nose-loading or side loading. * Combi aircraft carry carg ...
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Business
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated ...
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