Rupert Hogg has been named the new chief executive of Hong Kong’s Cathay pacific as part of sweeping management changes at the airline in the wake of its first loss in eight years.He replaces Ivan Chu, who steps down from the CEO role after three years to become chairman of John Swire & Sons (China) from May 1. Chu will also step down as chairman of Hong Dragon Airlines but will remain on the Cathay and Swire Pacific boards as a non-executive director.Hogg moves into the role as Cathay is reeling from increased competition from low-cost and Chinese carriers as well as a bad call on fuel hedging.Cathay Pacific’s profit nosedived last year by almost 110 per cent to a net loss of $HK575m ($US74m) amid warnings from the Hong Kong group that it expected the environment this year to remain challenging.It blamed the worse than expected result on “intense and increased” competition combined with economic factors such as the strength of the Hong Kong Dollar and reduced economic growth in mainland China.He faces the task of completing a restructuring started by his predecessor aimed at making the carrier more responsive to an increasingly competitive environment.Cathay chairman John Slosar said Hogg, who also becomes the chairman of Cathay Dragon, brought an impressive level of aviation and business experience to the job. “He has played a major role as Chief Operating Officer over the last three years and brings commercial focus and a spirit of innovation to our efforts to overcome the well-documented structural challenges facing the airline,’’ he said. “He is the right man to lead our team.”Other changes will see Cathay’s director corporate development and IT, Paul Loo, take on the position of chief customer and commercial officer from June 1 and Greg Hughes, now an executive at Hong Kong Aircraft Engineering Company, become the airline’s chief operations and service delivery officer.Cathay Dragon chief executive Algernon Yau, will take on the role Cathay director of service delivery appointed will remaining at his current job.Slosar, who also chairs Swire Pacific, said he looked forward to working with Chu in his new role in the Swire group’s mainland China strategy and paid tribute to his efforts at Cathay.”Ivan played a key role in the airline’s management during some very good times and, more recently, some difficult and challenging times,’’ he said. “ In response, he led the team in devising the three-year transformation strategy which will provide the platform for Cathay’s medium-term recovery and continued development.’’
28 May 2012The South African Chamber of Commerce and Industry (Sacci) on Monday joined President Jacob Zuma in congratulating the Department of Science and Technology and its partners for winning the right to co-host the the €1.5-billion Square Kilometre Array (SKA) radio telescope.The SKA Organisation announced on Friday that South Africa and Australia are to share the hosting of the SKA, an instrument 50-100 times more sensitive and 10 000 times faster than any radio imaging telescope yet built.The two biggest components of the SKA will be built in Africa, while one will be built in Australia. About 70% of the facility will be built in Africa.“The SKA will significantly support the expansion of South Africa’s knowledge economy in general and high-technology industry specifically,” said the chamber’s CEO, Neren Rau. “The skills transfer will assist in addressing the skills challenge in South Africa.”Rau said the announcement showed the potential South Africa to play a leading role in science and technology on the global stage.Sacci said the fact that the project was a collaborative project between South Africa and Botswana, Ghana, Kenya, Madagascar, Mauritius, Mozambique, Namibia and Zambia, was a positive step forward in building stronger research and commercial ties with other African countries.President Jacob Zuma, in his message of congratulations, said: “Africa is indeed rising. South Africa is confident that the country will deliver on the expectations of the continent and world.”The SKA will consist of about 3 000 dish-shaped antennae spread over a wide area. Scientists are expected to use the SKA to search the universe for answers about how stars and galaxies were formed and how the universe has evolved over the past 14-billion years.South Africa is expected to build the telescope in the Karoo in the Northern Cape, while the joint site spreads from the Murchison Shire in Western Australia’s Mid-West region to the top of New Zealand’s South Island.Building is expected to start around 2016 and the telescope to be completed by 2024.Source: BuaNews
Swapping clips in Premiere Pro is exceptionally easy and quick thanks to this helpful shortcut.Ready for the easiest quick tip ever? The Swap Clip feature in Premiere Pro is as useful as it is simple and easy to remember. For the times when you’d like to move a clip to different place in your timeline without leaving empty gaps, this shortcut places the clip where you want and fills in the space you left empty.How to Swap Clips in Premiere Pro1. Choose the Intended ClipFirst, just find the clip you wish to relocate.2. Swap the ClipNext, hold down Command+Option (or Control+Alt for PC) and drag the clip to where you’d like and drop it down. You’ll see the rest of your work move over and fill in the left-open space. As you can see, the space where the clip was previously is now filled by the clips before it that have been pushed back in the timeline. It’s magical, don’t you think?This quick tip is easy and practical for your workflow when doing any type of work in Adobe Premiere. Check out our previous post — How to Trim Clips to the Playhead — for another quick blast of timeline knowledge.Know of any other quick shortcuts for moving clips around in Premiere Pro? Share in the comments below!