Heritage Aviation, Inc.,Heritage Flight, a Burlington-based air charter operator, has established a Bedford, Massachusetts based pricing option to serve Boston and the surrounding area.Heritage Flight has been in business since 1984. Boston area residents will enjoy access to a King Air C90B aircraft for their business and personal use, which creates an opportunity for them to be in charge of their own plans. Customers can create their own itinerary and fly anywhere in the Northeast and Mid Atlantic regions with no hassles and no connections. Focusing on the heart of business and personal travel, Heritage Flight provides the experience and excitement of creating time by eliminating travel barriers.In addition to serving major airports the King Air C90B has a great short field capability which allows access to the many smaller airports that may be closer to the final destination and once again – save time.Sample travel times include: Bangor, ME – 1 hr. 5 min.; New York City – 1 hr. 8 min.; Washington, DC – 2 hr. 9 min.; Montreal – 1 hr. 22 min.; Syracuse, NY – 1 hr. 28 min.; and Pittsburgh – 2 hr. 20 min.Private air charter is a cost-effective, efficient means of travel that adds to productivity. By saving time productivity increases en route. Pre-meeting planning can take place en route and the post-meeting wrap-up can be conducted on the return flight. The whole experience takes place in a secure and confidential setting. Customers will minimize travel related time away from home, reduce travel fatigue, and increase productivity.Another advantage of air charter is scheduling. If an itinerary needs to change it can be adjusted by simply informing Heritage Flight. If a passenger is delayed getting to the airport the aircraft departure time will be adjusted to meet the passenger’s needs. There is no need to rush. Heritage Flight is hassle free and also offers passengers free parking. Minutes after leaving the vehicle passengers will be airborne. There are no terminal delays or inconveniences.Heritage Flight prides itself on service and safety. Customers of Heritage Flight are encouraged to convey special catering or ground transportation needs prior to the trip. Heritage Flight has received three prestigious safety ratings that place the company in an elite category and distinguishes the company from other charter operators in the nation. Heritage Flight is IS-BAO certified, ARG/US Platinum rated, and Wyvern recommended. These certifications reflect an investment in airline grade infrastructure and an emphasis on safety culture.More information and trip quotes are available by calling 800 782-0773 or by visiting at www.flyheritage.com(link is external).SOURCE Heritage FlightBOSTON, March 10, 2009 /PRNewswire via COMTEX/ —
– Advertisement – – Advertisement – “I would have thought in the beginning (of the pandemic) in spring that we might see the first real impact on balance sheets in the third or fourth quarter of this year,” she told CNBC’s Annette Weisbach on Monday.However, König highlighted that some government support implemented at the start of the coronavirus crisis was starting to expire, and as such, further damage to Europe’s banking sector could become apparent later in 2021.“Until the dust has settled a bit I would expect we will see it (a rise in NPLs) in the third and second quarters of next year … Let’s be clear, this is a unique situation,” she said.- Advertisement – An empty street in Amsterdam during the government-imposed lockdown due to the coronavirus pandemic.SOPA Images | LightRocket | Getty Images The fallout from the coronavirus pandemic on Europe’s financial institutions will become more apparent in the coming months, according to a senior European banking official, and there could be one or two casualties in the sector.Elke König, chair of the Single Resolution Board of the Single Resolution Mechanism, which oversees the restructuring of failing banks in the EU, said she expected a rise in the number of non-performing loans (NPLs) in the region, which in turn would hit bank balance sheets.When these loans could peak, however, was the “$60,000 dollar question,” König said.- Advertisement – She stressed that it was not all a “doom scenario,” however, adding: “We will see NPLs but we will also see other industries doing great.”“We have clearly stated that banks should stay ready, should be reasonable and have their risk management up to date. As soon as they address an emerging problem, the better,” König said.The purpose of the Single Resolution Mechanism is to ensure the orderly resolution (or winding-down) of failing banks in the region.The SRM came into being in 2014 after the 2008/2009 financial crisis and subsequent euro zone sovereign debt crisis. A key element in the SRM is the Single Resolution Fund, financed by contributions from the banking sector, to help wind down failing banks, and to shore up the whole financial system.The SRM is seen as a key pillar of the euro zone’s banking union (although other EU countries can join), alongside the Single Supervisory Mechanism. The latter gives the European Central Bank supervisory powers over the region’s banking institutions to check they comply with European banking rules, meet capital requirements and are not vulnerable to collapse.Asked whether she expected to see some bank failures given the end of support measures, König said she was “mildly optimistic that we will not see a wave of bank failures.”“Why am I mildly optimistic? The ECB did their (vulnerability) analysis, others did similar stress tests, they show that after the financial crisis, banks’ balance sheets have been cleaned up and beefed up (and) have more and better capital, so on average we can weather this kind of storm,” she saidNonetheless, she added that “you can never rule out the one or the other failure. Banks that have been fairly weak going in may not come out stronger.”
Tags: Baldwinsvilleboys lacrosseC-NSliverpool Brendan Mancuso, Cade Clouthier and Kyle Caves each scored twice in the first quarter as Liverpool built an 8-1 advantage, and then really ended matters with 10 unanswered goals in the second period.Caves and Mancuso both finished with four goals, Caves adding three assists as Ryan McGowan got three goals and four assists. Jake Piseno had three goals and two assists, with Matt Jerman finding the net twice. Devin Dewane, Jacob Fahey, Ian Conroy, Aaron Clouthier and Ryan Earle each had one goal and one assist.That sets up a sectional semifinal between Liverpool and no. 2 seed West Genesee. These same teams had met last Tuesday, and the Warriors were in prime position until a poor third quarter messed up all of those plans and the Warriors lost, 13-9, to the Wildcats.A big second quarter helped Liverpool shake off a slow start and lead, 5-4, going into the break. But it turned around again in the third period, WG breaking out on offense in a 7-3 push that the hosts could not answer.McGowan notched four goals, with Conroy getting three goals. Caves had a goal and four assists, with Aaron Clouthier getting one goal and one assists. Dewane, Fahey and Piseno also had assists.C-NS had needed back-to-back wins to qualify for the sectional playoffs, getting one of them last Monday against Binghamton as it rolled past the Patriots 24-8.So it all hinged on the Northstars beating Central Square a night later, and again C-NS pulled through, its offense overwhelming the Redhawks on the way to a 20-7 victory.Erasing any doubts early, C-NS bolted to an 8-0 advantage by the end of the first quarter, and nursed that margin until the second half, when it pulled further away, helped by Anthony Cimino earning a career-best seven assists.Joel Firth scored five times, with Pickard getting three goals. Casler and Lynch each got two goals, with Justin Griffith, Joe Flood, Mason Blakeman and Nolan Firth notching single goals.While all this was going on, one more big test awaited state no. 15-ranked Baldwinsville last Monday before the playoffs started.Hosting Vestal last Monday at Pelcher-Arcaro Stadium, B’ville was in a tight, tense battle before it got away late to beat the Golden Bears 12-9.Vestal held the no. 14 state Class B ranking and an 11-4 record, and was able to keep pace most of the way with the Bees, only trailing by one, 9-8, at the end of the third quarter.B’ville did get away a bit in the final period, with Mike Tangredi at the forefront as he poured in five goals, while Spencer Wirtheim had a goal and three assists.Austin Bolton scored twice, adding an assist, while Adam Davis had one goal and one assist. Noah Ravas, Braden McCard and Quinn Peters had the other goals. Dan Stehle finished with seven saves.Share this:FacebookTwitterLinkedInRedditComment on this Story Only when Chase Casler found the net midway through the period to break a 5-5 tie did C-NS grab control. Conner Lynch scored, and then Josh Pickard and Anthony Cimino each notched two goals as part of a 6-0 run to close the period.Just to be sure, the Northstars outscored Syracuse 5-2 in the fourth quarter, earning a third chance to take on Baldwinsville, whom it lost to twice during the regular season.Earlier on Saturday, Liverpool, holding the no. 3 seed in Class A, met no. 6 seed Rome Free Academy in its opening-round sectional game, and it was over early as the Warriors jumped all over the Black Knights on the way to a 22-6 victory. Nine consecutive victories to close the regular season has the Baldwinsville boys lacrosse team well-positioned to earn its second Section III Class A title in three years.As the top seed, the Bees had a bye directly into next Tuesday’s semifinals, where it would face no. 4 seed Cicero-North Syracuse at Bragman Stadium if the Northstars beat no. 5 seed Syracuse Saturday in the opening round.C-NS did so, though the 16-7 margin did not reflect how close it was for a long while. Neither team could gain a serious edge during a 3-3 first half, even when the Northstars scored twice early in the second half, the Cougars answered it.