Issue link: https://maltatoday.uberflip.com/i/506094
Events 26 maltatoday, Sunday, 3 May 2015 Emirates signs historic $9.2 billion order with Rolls-Royce for A380 Engines Emirates, a global enabler of busi- ness and trade, has announced an historic $9.2 billion (€8.7 billion) deal with Rolls-Royce for Trent 900 engines and a long-term To- talCare package. The engines will be used to power 50 Airbus A380s ordered at the Dubai Air Show in 2013, which will begin entering service in 2016. The deal, which is the largest ever for Rolls-Royce, and one of the largest ever export orders for a UK based company, is part of Emirates' ongoing invest- ment into the UK and Europe. The partnership marks a signifi- cant milestone for aviation manu- facturing in the region, securing jobs across Rolls-Royce's supply chain, from Bristol to Scotland. It will further support trade ties be- tween the UK and the United Arab Emirates, building on the estimat- ed $13.4 billion (€12.7 billion) of bilateral trade recorded in 2013[1]. Sir Tim Clark, President Emirates Airline, said: "Rolls-Royce is a key partner for Emirates and we have been impressed with its commit- ment to continual improvements in the economic and operational performance of the Trent 900. These improvements have been decisive factors in our selection of the product for 50 of our A380s. This announcement is significant not only because it cements the partnership between Emirates and Rolls-Royce, but also because of the large and sustained economic impact that this will have on avia- tion manufacturing in the UK and Europe." John Rishton, Chief Executive Officer, Rolls-Royce, said: "The success of Emirates over the last thirty years has been extraordi- nary. Rolls-Royce has been proud to have been part of this success, powering Emirates aircraft since 1996. We are delighted that Emir- ates has again placed its trust in our technology, with the biggest order in our history." The A380 programme sits at the heart of Emirates' growth strat- egy. 60 A380s are currently in op- eration, with a further 80 on order, making Emirates by far the largest purchaser of the aircraft. Since its introduction in 2008, over 36 million of the airline's passengers have f lown on the aircraft. The aircraft has it made Emir- ates' operations significantly more efficient, carrying more pas- sengers to and from the world's busiest and most slot constrained airports. It has also helped Emir- ates deliver the level of excellence its customers have come to expect from the brand, through iconic differentiators like the On Board Lounge, purpose built in the UK. In addition to the important con- tribution that Emirates makes to the UK via its A380 programme, the airline continues to play a key role in providing valuable interna- tional connectivity for secondary cities. Emirates provides unique direct services to Dubai, from Newcastle, Birmingham, Man- chester and Glasgow and a further 83 unique one-stop connections between these cities and Africa, Asia and Australia. These services facilitate trade and investment between the UK regions and key growing markets overseas, positively impacting Foreign Direct Investment (FDI) and supporting the development of regional centres. Emirates currently operates 16 daily f lights from the UK with nine of these operating as an A380; five daily from London Heathrow, two daily from Lon- don Gatwick and two daily A380s from Manchester. Emirates currently operates dai- ly scheduled f lights between Mal- ta and Dubai via Larnaca, Cyprus. *The order book value of the deal is valued at $6.1 billion. [1] According to Frontier Eco- nomics Report: http://www. emirates.com/english/about/int- and-gov-affairs/publications/eco- nomic-impact-studies.aspx HSBC UK Contact Centre Malta (HBEU) joined other top tier businesses at the career fair of St Martin's College (SMC) to showcase life at the largest contact centre in Malta. Open to students from Sixth Form, the career fair provided HBEU with the opportunity to share a wealth of knowledge with potential new recruits on different job roles at the Contact Centre, located in Swatar. HBEU HR and Recruit- ment Manager Fabianne Galea said: "This is the most ambitious time of life for these students. By participating in St Martin's College Career Fair, HSBC UK Contact Centre Malta was able to share with stu- dents how they can propel their ambition into a sub- stantial career in the global banking industry." St Martin's College Sixth Form Senior Leader An- thony Abela: "As a premier institute providing world- class education, we wel- comed HSBC UK Contact Centre Malta to join other top tier employers in Malta and get direct face time with current and past stu- dents." Apart from having a good command of English and IT skills, there are no other specific qualifica- tions for the role, as HSBC Contact Centre provides a full induction training programme in handling telephone banking over a three-month period for all successful candidates, dur- ing which time all partici- pants will receive full pay. More information about opportunities at HSBC UK Contact Centre can be had at www.hsbc.com.mt/ca- reers. An age neutral CV can be forwarded to malta. recruitment@hsbc.com. Isuzu UK continues to upset the status quo with its award winning feats, with the accolade this week of Best Trade Pick-Up in the 2015 Trade Van Driver Awards for the sec- ond year running. Already proving to be a great success with British pick- up users, the maga- zine's judging panel praised the D-Max for its value, build quality and well known off-road ca- pabilities. Matt Eisenegger, editor of Trade Van Driver said of the achievement: "Many trade us- ers need a solid, no-nonsense pick-up that is prepared for an extremely hard life and isn't afraid to get its feet muddy. With its low front- end price, superb off-road capability and rug- ged build quality, the D-Max fits the bill ad- mirably and wins this title for the second year running." The Trade Van Driver accolade follows on from Isuzu UK's best first quarter sales since imports began in the UK in 1987 with 1841 D-Max pick-ups registered. In 2014, Isuzu UK recorded its best ever year with sales growing at double the rate of the overall pick-up mar- ket - 33.7% versus 15% - ensuring the brand number one for retail sales. This week also saw the announcement of the new D-Max Blade as the flagship model of the range and the launch of a network of new fleet centre across the UK as the D-Max continues to attract increasing interest from the fleet sector of the market. The widest range of body styles available on the market – single, extended and double cab – as well as the largest choice of automatic transmissions, has provided the platform for the Isuzu D-Max to establish itself as a leader in the pick-up sector since its launch in the summer of 2012. Every new D-Max sold in the UK is backed by the company's pioneering, five-year / 125,000- mile warranty. Sales increase to 41,858 (+26.9% to prior year) and increase in revenue to €249.5 mil- lion (+26.7% to prior year). In the first quarter 2015 KTM sold 41,858 vehicles worldwide. Therefore, sales increased by 26.9% com- pared to prior year. In the first quarter, KTM achieved revenue of EUR 249.5 million com- pared to €196.9 million in prior year. Increase in EBIT to EUR 21.7 million (+46.4% to prior year) By this significant increase in sales and revenue, KTM could increase EBIT to €21.7 million compared to EUR 14.6 million in prior year. Therefore, KTM achieved an EBIT margin of 8.7% in the first quarter 2015. Outlook KTM expects further increase in sales and revenue for the business year 2015. KTM starts first quarter with records St Martin's students get a glimpse at life at HSBC Contact Centre Malta Isuzu D-Max triumphs again in Trade Van Driver Awards KTM sales are strongly up HBEU at the Career Fair