Lady Red Spikers up

first_imgSports Related Videospowered by AdSparcRead Next Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ LATEST STORIES Lacson: SEA Games fund put in foundation like ‘Napoles case’ For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. SBC’s top hitter Cesca Racraquin challenges St. Benildes’ Dianne Ventura as Marites Pablo tries to provide help during their PVL Collegiate Conference clash at the Filoil Flying V Center. CONTRIBUTED PHOTOChesca Racraquin doesn’t mind being likened to seasoned veteran Rachel Anne Daquis, but as much as possible, she wants to carve her own niche.On Wednesday night she made a strong case for it.ADVERTISEMENT Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal PLAY LIST 02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal02:21‘Bato’ says Robredo has to toughen up: ‘This is war…hindi ka pwedeng pa-cute cute dito’00:50Trending Articles02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games NATO’s aging eye in the sky to get a last overhaul Celebrity chef Gary Rhodes dies at 59 with wife by his side View comments Celebrity chef Gary Rhodes dies at 59 with wife by his side San Beda had the chance to finish the match early but allowed St. Benilde to come back mainly through Ranya Musa, who had 22 points including eight blocks.“We lacked the aggressiveness in the third set because after winning the first two we became very complacent,” said Racraquin.The fourth frame was tied at 13 until “our rotation allowed us to make crucial adjustments,” said Racraquin, whose three straight points gave San Beda a 20-17 lead.ADVERTISEMENT Trump signs bills in support of Hong Kong protesters The 20-year-old Racraquin displayed leadership beyond her years in leading San Beda to a 25-21, 25-20, 17-25, 25-22 triumph over St. Benilde in the Premier Volleyball League Collegiate Conference at Filoil Flying V Centre.“I know that I have something different to offer,” said Racraquin, who scored 15 points including 12 attacks.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingTrue to her promise, the 5-foot-8 stunner also proved to be as sharp on the defensive end, making 22 excellent digs and 10 receptions for the Lady Red Spikers, who improved to a 2-1 record.In the second match, Lyceum downed Jose Rizal University, 25-20, 24-26, 25-13, 25-22, for its first win. Robredo should’ve resigned as drug czar after lack of trust issue – Panelo MOST READ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Never an easy road to the Grand Slam Don’t miss out on the latest news and information. last_img read more

Do The Celtics Have Enough Star Power To Win a Title Not

2000LakersO’Neal10.0Bryant5.0Horry2.5 1987LakersJohnson8.2Abdul-Jabbar2.2Worthy2.0 This makes for a fairly intuitive list. LeBron, Russell Westbrook, James Harden, Stephen Curry, Kevin Durant and Kawhi Leonard are the league’s six Alphas. Chris Paul falls just short of the Alpha category; instead, he joins players such as Hayward, Giannis Antetokounmpo, Rudy Gobert and Anthony Davis on the Beta list. Gammas include players like Isaiah Thomas, Kyrie Irving, Kevin Love, John Wall, DeAndre Jordan and Paul Millsap.So then all you need is an Alpha, a Beta and a Gamma and — presto! — you win an NBA championship? Actually, your options are more flexible than that. A team with an Alpha and a Beta — say, this year’s Houston Rockets — could probably skip the Gamma if they had a deep rotation. A team with no Alphas but three Betas — say, Jimmy Butler, Antetokounmpo and Kyle Lowry — would more than likely be good enough to contend for a title. A team with a very strong Alpha could go without a Beta and make up for it with two or more Gammas instead — that’s sort of how the current Cavaliers are constructed.To help teams think through these decisions, let’s invent one more statistic, which I’ll call star points. The formula is simple: A team gets three star points for each Alpha on its roster, two for each Beta, and one for each Gamma. Next year’s Warriors project to have 9 star points, for example: three each for Curry and Durant, two for Draymond Green and one for Klay Thompson.Even having that much talent on your roster doesn’t necessarily guarantee a title. But historically, a team’s chances of winning a title are remote if it has four or fewer star points. It has a fighting chance with five or six star points, depending on how the rest of the roster is constructed. And its probability increases rapidly once it acquires seven or more star points. 725832.0– 216721.2– 1992BullsJordan8.7Grant5.7Pippen5.6 1986CelticsBird7.7McHale5.4Parish2.5 Rudy Gobert3.6Kevin Love2.4 2016CavaliersJames8.9Love3.2Irving2.1 2013HeatJames10.6Wade5.8Bosh1.2 1993BullsJordan9.4Pippen3.6Grant2.7 LeBron James7.0G. Antetokounmpo5.2John Wall3.0 114700.0 To no one’s surprise, the best players on title-winning teams are usually extraordinary talents. Among the 33 NBA champions since 1985, the top-rated player on the team, according to CPM, was one of the three best players in the league that season on 23 occasions. And the team’s best player was among the top 10 in the league on all but three occasions. The exceptions were Bill Laimbeer of the 1988-89 and 1989-90 Pistons (CPM, perhaps dubiously, rates Laimbeer ahead of his teammate, the other Isiah Thomas) and Ben Wallace of the 2003-04 Pistons. Pretty much all the other No. 1 players are current or future Hall of Famers, however, with the possible exception of Manu Ginobili, who may be a borderline case.No matter how brightly he shines, however, a superstar usually can’t deliver a title without a good sidekick or two.6Take LeBron James’s 2012-13 season, for example, when he had a CPM of +10.6 and played almost 38 minutes per game — about as good as an NBA player can be under modern conditions. A team with that version of LeBron, plus a roster full of replacement-level players, would still project to go only 41-41, according to our forecasting method. A team with that version of LeBron plus a roster full of league-average players (as opposed to replacement-level players) would project to go 59-23, which is closer to being a title contender. League-average players don’t just grow on trees, however. On average, the second-best player on these championship teams was the 14th-best player in the league, according to CPM. And although not every champ had a classic “Big Three” like LeBron James’s Miami Heat, the third-best player on the championship team rated as the 37th-best player in the league, on average — still very solid.So let’s get back to the idea of Alpha, Beta and Gamma players, which were meant to correspond to a typical championship team’s best, second-best and third-best players. By looking at the historical data, we can define these classifications as follows:An Alpha has a CPM of +6.0 or higher.A Beta has a CPM of between +3.5 and +6.0.And a Gamma has a CPM of between +2.0 and +3.5.I re-ran CARMELO using CPM instead of its usual blend of statistics, and it projected the following players to be Alphas, Betas and Gammas for the upcoming NBA season: 410321.9– 2008CelticsGarnett7.8Pierce4.5Allen2.8 2005SpursDuncan7.5Ginobili7.1Barry1.9 Kawhi Leonard6.8Anthony Davis4.3Paul George2.9 CONSENSUS PLUS-MINUS 2002LakersO’Neal8.4Bryant4.7Horry1.9 ALPHASBETASGAMMAS 1990PistonsLaimbeer3.8Rodman2.6Thomas1.7 STAR POINTSTEAMSCHAMPIONSCHAMPIONSHIP PROBABILITY Victor Oladipo2.1 1996BullsJordan9.4Pippen5.6Kukoc4.6 1997BullsJordan7.7Pippen5.5Kukoc4.1 2006HeatWade8.0O’Neal5.2Mourning2.4 1994RocketsOlajuwon5.8Horry1.9Thorpe1.6 314342.8– Kevin Durant6.7Karl-Anthony Towns4.1Mike Conley2.9 2011MavericksNowitzki4.9Chandler2.8Kidd1.9 2015WarriorsCurry9.9Green4.4Thompson4.3 1989PistonsLaimbeer3.8Rodman3.1Johnson1.3 DeMarcus Cousins4.1Isaiah Thomas2.8 1991BullsJordan10.9Pippen4.9Grant3.6 Draymond Green3.8Kyrie Irving2.8 1985LakersJohnson5.6Abdul-Jabbar5.3Worthy1.6 CPM reflects a combination of Real Plus-Minus, Box Plus/Minus, Win Shares and player efficiency rating.* Player was acquired midseason. His +/- total reflects performance for entire season, and not just for the acquiring club. 642614.3– Star points: 3 points per Alpha player, 2 points per Beta player, and 1 point per Gamma player. Table includes all teams since the 1984-85 season. 2009LakersBryant6.0Gasol3.6Odom3.0 2004PistonsB. Wallace4.3Billups3.8R. Wallace*1.7 How good were the best players on recent NBA champions?Player ratings based on Consensus Plus-Minus (CPM) Blake Griffin3.7Otto Porter Jr.2.5 8 or more13430.8– 2010LakersBryant4.5Gasol3.7Odom2.2 1995RocketsDrexler*6.1Olajuwon5.7Smith1.0 1998BullsJordan6.0Pippen5.0Kukoc2.5 1999SpursRobinson6.9Duncan5.2Elie2.8 YEARTEAMNO. 1 PLAYER+/-NO. 2 PLAYER+/-NO. 3 PLAYER+/- Hassan Whiteside2.0 Kyle Lowry3.7Paul Millsap2.6 James Harden7.4Jimmy Butler5.5Bradley Beal3.2 Gordon Hayward3.8DeAndre Jordan2.7 Who are the NBA’s championship-caliber players?Projections based on Consensus Plus-Minus for 2017-18 57479.5– Klay Thompson2.1 CPM reflects a combination of Real Plus-Minus, Box Plus/Minus, Win Shares and player efficiency rating CJ McCollum2.1 Russell Westbrook8.2Chris Paul5.9Damian Lillard3.3 Average7.44.62.5 2003SpursDuncan7.5Robinson3.8Ginobili1.1 1988LakersJohnson5.2Scott3.1Worthy1.9 Kemba Walker2.2 021600.0% 2017WarriorsDurant8.3Curry6.7Green3.7 2012HeatJames10.8Wade7.5Bosh1.7 2001LakersO’Neal8.9Bryant4.8Fox0.6 2007SpursGinobili7.2Duncan6.6Parker3.4 PLAYER+/-PLAYER+/-PLAYER+/- Stephen Curry7.0Nikola Jokic4.8DeMar DeRozan3.0 2014SpursGinobili4.8Leonard4.8Mills3.2 How much star power does an NBA team need?Probability of team winning a championship based on star points The Boston Celtics, after whiffing on trades for Jimmy Butler and Paul George, finally got some good news this week when Gordon Hayward announced that he was leaving the Utah Jazz to play for the Celtics. Although Isaiah Thomas would have some beef with this assessment, Hayward’s well-rounded combination of skills will probably make him the best player on the Celtics next year. He’s a good fit with the team’s approach.And yet, projection systems (including our own CARMELO) are somewhat skeptical of the Celtics, not expecting them to improve on last year’s 53-29 performance or to seriously challenge the Cleveland Cavaliers for Eastern Conference supremacy. Hayward is also fairly expensive; he’ll cost the Celtics $128 million over four years (the fourth season, 2020-21, is a player option). So let’s ask a tough question of Boston and general manager Danny Ainge: If Hayward is the best player on your team, could that team plausibly be good enough to win a championship?The answer is probably not. Hayward made the All-Star team last season, but he’s a long way from being a superstar. A handful of modern NBA teams — the 1988-89 and 1989-90 Detroit Pistons, the 2003-04 Pistons, and the 2013-14 San Antonio Spurs — won a title with someone about as good as Hayward as their best player. But this is unusual: It requires a team to be constructed almost perfectly, with above-average players at nearly every position, a deep bench, and a cohesive rotation. It sometimes also requires a fair amount of luck.1The “Bad Boys” Pistons peaked just as the 1980s Celtics and Lakers were declining, but before Michael Jordan’s Bulls really took off, for example.But Hayward can be a building block toward a championship. He’s roughly as good as the second-best player on a typical championship team. That might sound like faint praise, but it’s no small achievement.Let’s develop some terminology to describe degrees of the stardom in the NBA. I’ll introduce three types of players: Alphas, Betas and Gammas.An Alpha is a player who’s as good as the best player on a typical championship-winning team. This is an MVP contender — one of the half-dozen best players in the league.A Beta is as good as the second-best player on a typical NBA champion. As I mentioned, Hayward is a good example of a Beta. Betas are usually All-Stars, perhaps even All-Star starters, and they’re among the best players at their position. But they’re not among the very best players in the league.And a Gamma is good as third-best player on a typical championship team. A Gamma might be an All-Star, but he usually won’t make one of the three All-NBA teams. He probably has one or two weaknesses (defense, shooting, etc.) along with his obvious strengths. But he’s still a very good player and might be the best player on a non-contending team. Thomas, although he’s somewhat difficult to evaluate because of his defense — various statistical systems rate it anywhere from mediocre to execrable2There’s a big difference between mediocre and execrable. If Thomas’s defense is merely somewhat below average, as the NBA’s opponents’ shooting data suggests, then his offense more than makes up for it and he’d probably qualify as a Beta. If it’s terrible, as RPM suggests, then Thomas is barely even an above-average player overall. Classifying Thomas as a Gamma, as CPM does, is something of a compromise between these assessments. — is a reasonably good example of a Gamma.At any given time, only a few dozen players in the league will rated as Alphas, Betas or Gammas. (CARMELO projects that there will be 35 of them in 2017-18, for example.) It’s these players who determine who competes for NBA championships. Doesn’t depth matter also? Well, sure. A well-rounded roster is often the difference between winning a title and losing one. But a team needs its share of star-level talent to compete for a championship in the first place. Otherwise, it’ll usually wind up like last year’s Celtics, a well-constructed team that was overmatched in the playoffs.Below, you’ll find a table listing the top three players on NBA championship teams since 1984-85 — the first year the league used a salary cap — as rated by a statistic called Consensus Plus-Minus. Consensus Plus-Minus, or CPM, is a statistic I use when I don’t want to get into arguments about the value of individual players. It reflects a combination of four popular statistics — Real Plus-Minus,3RPM is available from the 2000-01 season onward. For seasons prior to 2000-01, I use BPM twice in the average. Box Plus/Minus, Win Shares and player efficiency rating — equally weighted and translated to the same scale. It also adjusts for the player’s position, which the other metrics do not,4CPM measures a player’s value relative to the positional average, rather than relative to the league average. Right now, there’s an excess of good centers and point guards but less depth among small forwards and shooting guards. This adjustment helps Hayward, who plays both those positions. and it regresses players’ ratings to replacement level if they fall below a certain threshold of playing time.5If the player plays less than 20 minutes per team game — or 1640 minutes over an 82-game season — his actual CPM is blended with a replacement-level CPM of -2 points per 100 possessions. For predictive purposes, we think CPM is liable to be slightly less accurate than the blend of statistics CARMELO uses (a combination of RPM and BPM), but CPM is still a perfectly reasonable stat and much more in line with the consensus view of NBA players. Like BPM and RPM, CPM is expressed in net points added or subtracted per 100 possessions. So a player with a CPM of +2.5, teamed with four average players, would help his team to outscore his opponents by 2.5 points per 100 possessions, for example. This system isn’t perfect, but it lines up intuitively with how we evaluate teams. After the Warriors and their nine projected star points next season, the Cavaliers and Rockets are the closest thing the league has to ready-made title contenders, as they’re tied for second at five star points each. They’re followed by the Thunder, Timberwolves and Pelicans at four each; these four-point teams probably need at least one more thing to click (say, George taking the next step in Oklahoma City) to be title-worthy. The Celtics are one of several teams with three star points.This measure can underrate the importance of team depth; the Spurs, who have only three star points, are rated too low, for instance. The Celtics — although they’re losing a few players to make room for Hayward — are also a deep team, with lots of average or slightly-above-average players and lots of draft picks to keep priming the pump. They could probably compete for a title with five star points, therefore, instead of needing six or seven. Adding another Beta-level player might be enough to do the trick.It’s hard to see where that player comes from, however. The Celtics lost some of their financial flexibility in signing Hayward. And while they could develop a star player rather than acquiring one, giving more playing time to young players such as Jaylen Brown and rookie Jayson Tatum could make them less competitive in the short run.If there’s one Celtics move that looks bad in retrospect, it isn’t necessarily trying and failing to acquire Butler or George, it’s trading the No. 1 draft pick for Philadelphia’s No. 3 pick, with which they chose Tatum. While Tatum has a fairly promising projection, he doesn’t have the upside of No. 1 pick Markelle Fultz, whose comparables include players such as Harden, Westbrook and Wall. The trade might have made sense for a team that already had its stars in place and wanted to develop complementary players around them, but the Celtics have plenty of complementary players and are short on stars.At the same time, it would be easy to underestimate the challenge Ainge faced. The Celtics’ 53-29 record last year was deceptive, in that it came against a weak conference and relied on what were arguably career years from several players, including Thomas.7The Celtics also outperformed their 48-34 Pythagorean record by several games. In many respects, they were a rebuilding team dressed up as a competing team. And precisely because the Celtics weren’t just one player away from contending for a title, Ainge needed to acquire a player like Hayward or Butler without compromising the Celtics’ ability to acquire or develop another such player down the road. Even if the Celtics are still a star away from seriously contending for a title — maybe even a superstar away — that’s closer than they were last week. read more

Government Abusing TCIG Press Office Says Blackman

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, May 6, 2017 – South Caicos – Ruth Blackman, the MP for South Caicos is asserting the misuse of the TCIG Press Office as abuse of the government medium by the PDM Government. Blackman says that the current administration is using the office for political means, which should not be the case.“The current PDM Government appears to still be locked in campaign mode and are not fully coming to grips with the responsibility of governance. Overnight the Government has squandered the integrity of the TCIG Press Office by using it as a medium to distribute it political opinion (reference is made to the use of TCIG Press Office to release Premier Robinson and Minister Higgs response to the Integrity Commission’s investigation of Higgs for breach of the Ministerial Code of Conduct).The principles of good governance demands that the public is allowed to receive factual information through this medium and TCIG Press Office should never be indulged in the work of political persuasion.The PNP government was often criticized by onlookers for keeping the TCIG Press releases purely factual, we stood on the principle that the public should be provided with the facts and from these facts draw their own opinions.It is clear that the PDM is using the TCI Press Office to form a political smokescreen and we hereby call on the Governor’s office to have the politically laced releases retracted. Moreover we request that the Foreign and Commonwealth Office provide support via the Governor’s Office to ensure that the integrity of the TCIG Press Office is protected and preserved for the growth and development of the TCI.”, she stated.#magneticmedianews#govtabusingtcigofficesaysblackman Related Items:#govtabusingtcigofficesaysblackman, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Abe on course for landslide win in Japan vote

first_imgJapan`s Prime Minister and ruling Liberal Democratic Party (LDP) president Shinzo Abe (R) raises the hand of LDP candidate Tatsunori Ibayashi during an election campaign in Yaizu, Shizuoka prefecture. Photo: AFPPrime minister Shinzo Abe is on track for a landslide win in Japan’s upcoming election, the latest survey suggested Monday, as a new party founded by Tokyo’s popular governor loses momentum.Abe’s conservative Liberal Democratic Party (LDP) is projected to win as many as 303 of the 465 seats up for grabs in the October 22 election, according to a poll by the Mainichi Shimbun.Its junior coalition partner Komeito is expected to gain more than 30 seats, allowing Abe’s ruling camp to have a comfortable two-thirds majority in the powerful lower house, the poll suggested.A two-thirds majority in parliament would allow Abe, 63, to push through an amendment to Japan’s pacifist constitution.The hawkish premier has called for changes to the US-imposed law so Japan can turn its self-defence forces into a full-fledged army.Support for Tokyo Governor Yuriko Koike’s newly founded Party of Hope, which has transformed Japan’s political landscape and swallowed up the main opposition Democratic Party, appears to be declining, with surveys predicting it might win up to 54 seats.After an initial burst of support for the media-savvy Koike, critics say the Tokyo governor has suffered by not running herself in the election, meaning voters for her party are not sure who they are electing as PM.”Expectations were high but the Party of Hope has nothing but Koike’s popularity,” said Koji Nakakita, professor of politics at Hitotsubashi University in Tokyo.”Support for Abe’s cabinet is not so high but voters have no choice but to vote for Abe’s LDP,” Nakakita told AFP, with the opposition parties facing “confusion and divisions.”The 12-day election campaign has focused on reviving Japan’s once world-beating economy and tackling the ever-present threat of North Korea which has threatened to “sink” the country into the sea.”This is an election to question how we can protect our people’s lives and good living from North Korea’s threats,” Abe said at a campaign rally in the northern city of Hokkaido on Sunday.Abe is seeking a fresh term at the helm of the Asian economic powerhouse and key US ally and unexpectedly called a snap election to capitalise on a weak and fractured opposition.But Koike, 65, stole his limelight by launching her party, attacking Abe’s government for being too slow to reform the country, weighed down by an ageing population, deflation and a huge debt mountain.Critics say Abe called the early election to divert attention from a string of scandals, including allegations of favouritism to a friend in a business deal — which the premier strongly denies.The Mainichi poll was conducted on Friday, Saturday and Sunday across the nation, with more than 73,000 eligible voters questioned by phone.last_img

Former President George HW Bush Eager For Doctors OK To Leave Hospital

first_img Share Former President George H.W. Bush is complimenting the medical workers helping him recover from an infection at Houston Methodist Hospital. But he said that once doctors give him the OK to leave, “I’m outta here.”Quite moved by this announcement by @MethodistHosp. The atrium is beautiful, but recent developments notwithstanding I have not taken up residence here. The doctors, nurses and support staff are so nice, but the second I get the green light I’m outta here. https://t.co/VkWHmxzI6c— George Bush (@GeorgeHWBush) May 3, 2018The 93-year-old Bush was admitted to the Methodist on April 22, the day after attending the funeral for his wife, Barbara. The pair were married for 73 years.Bush tweeted on Thursday that everyone at the hospital has been “so nice,” and that he was especially moved when a three-story atrium at the hospital was named to honor him and his late wife.But he jokes that he doesn’t want people to think he’s “taken up residence” at the hospital.Family spokesman Jim McGrath has said the nation’s 41st president has been regaining his strength.last_img read more

Mamata as PM is not an isolated comment by BJP Somen Mitra

first_imgKolkata: West Bengal Congress president Somen Mitra Monday said BJP president Dilip Ghosh’s comment that Mamata Banerjee has the best chance to become PM, is proof of “tacit understanding” between TMC and the BJP. “Dilip Ghosh’s statement that Mamata Banerjee has the best chance to become the first Bengali Prime Minister is not an isolated statement. It is a reflection of tacit understanding between both the parties in the state. We have been saying this for a long time but now the cat is out of the bag,” Mitra told reporters here. Also Read – Rain batters Kolkata, cripples normal life Ghosh had, however, on Sunday made a U-turn and said his remark the day earlier on Chief Minister Mamata Banerjee’s prime ministerial prospects was made in jest. Mitra termed Ghosh’s u-turn as a “lame excuse” and said that the people of the state very well understood the kind of “political setting” that exist between parties. Mitra claimed that by making the statement, Ghosh has virtually accepted that the BJP will not return to power in the 2019 Lok Sabha polls and might extend support to Mamata Banerjee in such a scenario. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed Commenting on the general strike called by various Left trade unions on January 8 and 9, Mitra said TMC’s opposition to the strike call is another example of ‘TMC-BJP fixed match’ in the state. “Why is she opposed to the strike call in the state? It is not against the state government. It is a nationwide strike call against the policies of the Modi government. This only proves that the TMC and BJP are both on the same page regarding economic policies and TMC’s call to fight against BJP is nothing but a farce,” he said. As many as 10 central trade unions have called a nationwide general strike on January 8 and 9, against the “anti-people” policies of the Centre and have placed a charter of 12 demands before the Centre. The demands include minimum wage, universal social security, workers’ status and including pay and facilities for the scheme workers, against privatisation of public and government organisations. Leaders and activists of various parties including TMC, Union Muslim League and CPI(M) Monday joined Congress and vowed to fight against the communal politics of TMC and BJP in the state.last_img read more

IAG confirms plans to acquire struggling Niki

Share Tags: British Airways, Iberia, Low-Cost Carriers TORONTO — International Airlines Group (IAG), parent company of British Airways and Iberia, is moving forward with plans to acquire the assets of struggling low-cost carrier Niki, which opened insolvency procedures in Austria last week.IAG announced plans last month for a subsidiary of Vueling to buy the Austrian airline’s assets for 20 million euros, plus invest another 16.5 million euros into the company. Niki was part of the airberlin group, which entered liquidation last year.Germany’s Lufthansa was also in the running to purchase Niki, but withdrew its bid in December.The IAG transaction is pending approval under EU competition laws. If passed, it will include up to 15 A320 aircraft and include slots at airports like Vienna, Zurich and Munich. IAG says the new company will employ approximately 740 former Niki staff. Posted by Tuesday, January 16, 2018 << Previous PostNext Post >> Travelweek Group IAG confirms plans to acquire struggling Niki read more