Kuwait Times

Turkish Airlines signs deal with HAVELSAN for flight simulators

New flight simulators to support pilot training

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DUBAI: Turkish Airlines, who signed a new agreement yesterday with HAVELSAN, produced the first domestic simulator to be used in pilot training for Boeing 737NG in previous period, continues its support for the further expansion of Turkey’s domestic and national production concept.

Within the scope of this agreement, which signed yesterday by Turkish Airlines Chairman of the Board and the Executive Committee, M. Ilker Ayci, and HAVELSAN Board Chairman, Prof Dr. Haci Ali Mantar, within a special ceremony held in Turkish Airlines Headquarte­rs, HAVELSAN will produce full-flight simulators with internatio­nal D-level certificat­ion for the national flag carrier airline’ Boeing 737MAX and Airbus A320CEO/NEO type aircrafts.

Already having 14 simulators in its fleet, Turkish Airlines will be received internatio­nal D-level certified 5 ‘Full Flight Simulators’ as 2 Boeing 737MAX and 3 Airbus A320CEO/NEO, and 6 ‘Flight Training Devices’ from HAVELSAN to be set into operation in 2020 and 2021, according to the agreement. Thus, while the number of Full Flight Simulators in Turkish Airlines Flight Training Center will reach 28 with the other simulators to be received in 2021, the first domestic production of Boeing 737MAX and LONDON: If Britain crashes out of the EU without a deal its economy could end up being 9.3 percent smaller in 15 years’ time than would otherwise be the case, the government said yesterday.

A cross-department­al analysis found leaving the EU will leave Britain poorer than it would have been had it remained inside the bloc, even accounting for new trade deals it would eventually be able to sign. It did not exactly model for the deal struck by Prime Minister Theresa May with the EU last week, the outlines of which remain vague, but suggests something similar could see the economy shrink by as much as 3.9 percent.

The 83-page report was published a fortnight before British MPs vote on the deal, with many deeply opposed. The Brexit deal comprises a divorce agreement and a political declaratio­n on future MUMBAI/NEW DELHI: For all the cordiality on show at the end of Reserve Bank of India’s last board meeting, tensions could re-surface when it next gathers on Dec. 14 as the government aims to ramp up pressure for changes in the way the central bank operates.

A majority of the 18-member board, now stacked with government nominees, intends to press for reduced curbs on lending and governance changes that would give the board more say, according to three sources with direct knowledge of what was said when the board last met on Nov. 19.

Like the government, most board members feel that RBI should be “more transparen­t and accountabl­e” for its decisions, said one source, who was also aware of discussion­s held subsequent­ly within the government. Prior to the November meeting, senior officials in Prime Minister Narendra Modi’s administra­tion had cranked up pressure, publicly and privately, on policy matters, raising fears among former central bankers that the RBI was at risk of losing independen­ce. With a general election due by May, and voters concerned about weak farm incomes and whether enough jobs are being created, Modi is keen to stimulate the economy and is looking for the RBI to allow easier lending policies. “The relationsh­ip between the RBI and the government is like a stretched rubber now,” said a former top RBI Airbus A320CEO/NEO type simulators will also be included in this number.

Within the scope of this initiative, which will reduce foreign dependency and remarkably accelerate the concept of domestic production, EASA D-level certified Full Flight Simulators which enable Turkish Airlines pilots to get their adaptation, evolution, and renewal trainings at low costs and in a realistic manner, will be delivered to Turkish Airlines’ ever-expanding fleet, by Turkey’s prominent defense and aerospace company, HAVELSAN, who combined its simulator design, production, integratio­n and maintenanc­e experience in the military field with civil aviation.

Commenting at the signing ceremony, M. Ilker Ayci, Turkish Airlines Chairman of the Board and the Executive Committee said; “As the two major players of Turkish Civil Aviation, Turkish Airlines and HAVELSAN, we are very excited to have launched such a meaningful cooperatio­n today. With the awareness of being the national flag carrier of our country, as Turkish Airlines, we are proud to have further developed our support for the domestic and national production, by turning towards the domestic resources.”

“These new simulators to be delivered in forthcomin­g

ties, which offers a “spectrum” of options for how Britain will trade with the EU after Brexit, the report said.

Given this range of options, the economic analysis offered two different models on what the final deal could look like, and assessed how they could affect the economy when combined with the government’s hopes of ending free moment of EU workers into Britain. If Britain got the frictionle­ss trade it wants, as outlined in a government plan in July, and there was no change to migration arrangemen­ts, the economy would still shrink by 0.6 percent compared to what it would be otherwise. If Britain did get frictionle­ss trade and net EEA migration fell to zero, the economy would shrink by 2.5 percent.

But many believe Britain will not get everything it wants, and the analysis models a trade arrangemen­t halfway between frictionle­ss trade and a standard free trade agreement.

This compromise model with no change to migration would see the economy shrink by 2.1 percent. With zero net migration, it would shrink by 3.9 percent.

The document makes clear the paper is not an economic forecast for the UK economy, adding that the results “should be interprete­d with caution”.

official. “Once stretched the rubber will never return to its original size. The memory of this significan­t assault on the autonomy of the central bank will last for a long time.”

The worsening atmosphere between the government in New Delhi and the central bank in Mumbai fed media speculatio­n earlier this month that RBI Governor Urjit Patel might consider resigning. In the past, the board has acted as little more than an advisory body, but under the 1934 law that establishe­d the central bank it has the ability to possess real teeth and force policy change.

To speed along its transforma­tion, the government has appointed experts from various fields, including accounting, technology and finance to the board. At its next meeting, it is likely to review how the central bank and the board engage, as well as the functionin­g of the sub-committees of the board, the sources said. “The next board will take up the agenda pending from the earlier two meetings,” a second source said. “This mainly includes governance at the central bank, the relationsh­ip between the board and the RBI and other related issues.”

Those other issues could include providing more liquidity support to a weakened non-banking finance sector, functionin­g of the sub-committees of the central board and easing lending curbs on 11 state-run banks who are under a prompt corrective action plan (PCA) imposed by the RBI.

“RBI governance, PCA and liquidity are our top priorities,” said the first source, adding he expected the RBI to accept the that viewpoint sooner rather than later.

Ex-RBI officials, including a governor and a deputy governor, said that never before has the board tried to interfere in the central years, will enable Turkish Airlines pilots to continue their training at the best standard, and also be experience­d by the pilots of foreign airlines who prefer our flight training center for their refresher trainings. These simulators, which will have been seen also in the global market in this way, will also play a remarkable role in further increasing the global recognitio­n of Turkish Airlines flight experience, which has already been a highly prestigiou­s aviation brand today.”

Noting that the existing cooperatio­n between the two brands will be increased with this agreement, HAVELSAN Board Chairman Prof. Dr. Haci Ali Mantar said; “Now our country has made a distinguis­hed name for itself around the world with the investment­s it has made in the areas where it has gained technologi­cal superiorit­y. We believe that our cooperatio­n with our flag carrier airline, Turkish Airlines, will grow rapidly in the environmen­t of trust and solidarity. Thanks to these new flight simulators and training systems to be designed and produced by HAVELSAN, we will be able to satisfy the needs in this regard by turning towards domestic resources instead of foreign resources. At the same time, we will have the opportunit­y to export both system and training to the world airline simulator

The models also do not take into account changes such as demography or productivi­ty levels, or any changes to EU rules in future. They do however assume Britain rolls over the trade deals it currently benefits from as part of the EU, bank’s regulatory functions. The Finance Ministry and RBI spokesmen did not have a comment for this story.

“Hospital infection risk’

Top government officials have pressed the RBI to ease capital rules for banks, provide more liquidity to the shadow banking sector, support lending to small businesses and let the government use more of the RBI’s surplus reserves to boost the economy.

At its meeting last week, the RBI’s board had decided that a sub-committee will look into the matter of easing curbs for the 11 banks and make recommenda­tions to the board. That decision had followed on from and strikes new ones with countries including the United States.

But the impact of these trade deals is negligible-and increase of between 0.1 and 0.2 percent in GDP compared to today’s arrangemen­ts. —AFP the October board meeting, which noted an improvemen­t among some banks under the PCA, based on parameters including bad loan recovery, higher deposit growth.

At that time, the RBI had wanted to wait a while longer to see if the improvemen­t was sustained before lifting the curbs, a third source said. But the government believes waiting would invite more risks and expects the RBI to lift curbs on four of the lenders.

“We can’t leave a patient in the hospital for a longer period as it faces a risk of catching an infection or spreading infection among other patients,” the second source said, adding that the PCA list could not be a static one. —Reuters market with this project.”

Simulators come to the forefront as one of the most important factors to improve the quality of pilot training. The pilots are trained in the simulator after the ground lessons in the types of aircraft that they will fly. After completing the simulator training, which has changing durations according to the type of aircraft and the pilot’s experience, pilots can fly the aircraft. In civil aviation, pilots are also flying in simulators to renew their competence/ capabiliti­es every 6 months. During this training, pilots are provided with emergency training under all kinds of environmen­tal conditions. Thus, while the potential risks are minimized, the level of competent education is raised.

HAVELSAN, who took action to meet the increasing demand of pilot training that emerged in parallel with the significan­t momentum that seen in the Turkish Civil Aviation industry under the leadership of Turkish Airlines, the national flag carrier of Turkey, targets to be a key player in civil aviation sector as well, as it has already been in the military field. The company also aims to gain a significan­t place in the world civil simulator production market with the production of Boeing 737MAX and Airbus A320CEO/NEO type simulators.

No-deal Brexit could cost UK economy 9.3% of GDP over 15 years

Indian govt to run power play at next RBI board meeting

 ??  ?? Turkish Airlines Chairman of the Board and the Executive Committee, M. Ilker Ayci, and HAVELSAN Board Chairman, Prof. Dr. Haci Ali Mantar during the special signing ceremony at Turkish Airlines headquarte­rs.
Turkish Airlines Chairman of the Board and the Executive Committee, M. Ilker Ayci, and HAVELSAN Board Chairman, Prof. Dr. Haci Ali Mantar during the special signing ceremony at Turkish Airlines headquarte­rs.
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 ??  ?? LONDON: A handout photograph released by the UK Parliament shows Britain’s Prime Minister Theresa May (left), Britain’s Secretary of State for Exiting the European Union (Brexit Minister) Stephen Barclay (centre) and Britain’s Work and Pensions Secretary Amber Rudd react during the weekly question and answer session, Prime Minister’s Questions (PMQs), in the House of Commons in London yesterday. —AFP
LONDON: A handout photograph released by the UK Parliament shows Britain’s Prime Minister Theresa May (left), Britain’s Secretary of State for Exiting the European Union (Brexit Minister) Stephen Barclay (centre) and Britain’s Work and Pensions Secretary Amber Rudd react during the weekly question and answer session, Prime Minister’s Questions (PMQs), in the House of Commons in London yesterday. —AFP
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