Airline

EAD Profits Drop

EAD, the parent of Airbus, registered a 70% dive in operating profits during the first quarter, following a new charge for its postponed A400 military plane.  They also cut their forecast for civil plane order, which caused their share price to slide.

EAD results reflect the challenges faced by aerospace firms because airlines avoid expanding their fleets while funds are scarce.  Backstop accounting measures in place at EAD add to the difficulties while the A400m’s future is uncertain.
 

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Featured Sights To See
Les Invalides

Les Invalides

Paris, France

L’Hôtel National des Invalides is a massive complex in the 7th arrondissement dedicated to France’s military history, as well as an operating retirement home for war veterans.  Construction began in 1670 and finished in 1676.  Louis XIV intended the complex be used as a military hospital.  The signature dome was added later on and is a triumph of Baroque architecture.   The complex is home to...

Mutrah Souk

Mutrah Souk

Muscat, Oman

This market is a must stop for any tourist visiting Muscat, and is perhaps the biggest attraction within the city. It is located next to the Mutrah Corniche and is a perfect blend of Oman’s ancient culture and its modern transformation. The stalls are housed in a modern building but still maintain the hustle and bustle of a traditional Arab Market. There are a number of gold shops; others sell han...

Little Hagia Sophia

Little Hagia Sophia

Istanbul, Turkey

Formerly known as the Church of the Saints Sergius and Bacchus, Little Hagia Sophia was constructed between 527 and 536AD by the Emperor Justinian.  Supposedly Sergius and Bacchus had visited Justinian's uncle, Justin I, and told him Justinian did not pose any threat, thus sparing the future emperor's life.  The emperor built the church upon his accession to commemorate the occasion. ...

Terra Encantada

Terra Encantada

Rio de Janeiro, Brazil

Address: Av Ayrton Senna 2800, Barra da Tijuca Tel: 2421 9444 Admission: adult/child US$12/14 Opening Times: 2-9pm Thu-Sun, noon-9pm Sun ‘The Enchanted Land’ features the Cabhum, a 64m, 100km/h free fall and Ressaca, a toboggan ride that goes over a waterfall. There are also other thrill rides.  ...