When the sky's not the limit

Article Abstract:

The collecting of vintage warplanes can be a very expensive activity. Prices for such planes start at around 50,000 pounds sterling for a ready-to-fly Tiger Moth and can rise to as high as 450,000 pounds for a Supermarine Spitfire Mk XIX. On top of the purchase price, collectors of World-War Two fighter planes must also be prepared to absorb running costs that average around 2,000 to 3,000 pounds for hangarage, maintenance, fuel, insurance and capital costs. They must also abide with the Civil Aviation Authority's regulations for such planes. These include a ban on profit-making activity, restrictions on the carrying of passengers and a rule requiring that all money earned in air shows be used to offset operating costs. Most of the collectors of vintage war planes are former pilots who have become successful businessmen. Among the better known collectors are Eddie Coventry, Stephen Grey and Dave Gilmour.

Aircraft, Aircraft Manufacturing, Fighter Aircraft, Fighter planes, Collections and collecting, Airplanes

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Rewiring for the world-class

Article Abstract:

Group general manager Tan Chee Seong is determined to turn his small Singapore-based firm Epan Cable and Wire into one of the world's leading best producers of cable and wire. Tan has had no previous industry experience when he joined the firm in 1994 and had only his degree from the London School of Economics and his brief stint at the Arthur Anderson to bring to his new job. Still, this business neophyte expects to be able to boost Epan's turnover from S$28 million in 1993 to S$100 million by 1999. Tan is firmly convinced that this can be done by getting the proper structure in place. He believes that developing this essential structure requires delegating authority. It will entail the creation of a senior management team that will be tasked with defining problems and getting the staff to resolve them.

Other Communication and Energy Wire Manufacturing, Nonferrous wiredrawing & insulating, Communications Wire & Cable, Management, Electrical wire and cable industry, Telecommunications cables, Electric wire and cable industry, Tan Chee Seong, Epan Cable and Wire

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