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<p><strong>Hi. I'm Aaron Weinman</strong>. Julian Robertson has died at the age of 90. The hedge-fund titan founded Tiger Management in 1980.</p><p>He turned about $8 million in start-up capital in the 1980s into more than $20 billion in assets under management throughout the 1990s.</p><p>Robertson's fund accurately predicted the dot-com bubble and underweighted the sector based on the belief that tech companies were overvalued due to a lack of cash flow. His fund <a href="https://medium.com/@mattia-c/the-man-who-bet-against-the-dotcom-bubble-and-missed-it-by-a-whisker-76d8da367d55">still lost billions</a> of dollars as a result of that bet, but it was Robertson's "I told you so" moment to many on Wall Street.</p><p>Another mea culpa might be Tiger's <a href="https://www.washingtonpost.com/wp-srv/WPcap/2000-03/31/077r-033100-idx.html">big bet on US Airways</a> — it controlled about a quarter of the airline at one point. It got in on the company's stock for about $17 apiece, and while this peaked to $80, it then spiraled back into the $20 range.</p><p>In investing — like gravity — what goes up, inevitably comes crashing down. Robertson closed his firm in late 2000 and returned money to investors.</p><p>One of his greatest achievements, however, is arguably the impact Robertson had on other investors. His mentorship helped coin the term "Tiger Cubs," used to describe well-known investors like <a href="https://www.businessinsider.com/tiger-global-venture-capital-bain-relationship-2022-6">Chase Coleman</a> and <a href="https://www.businessinsider.com/coatue-quant-fund-philippe-laffont-performance-data-science-2020-11">Philippe Laffont</a> who cut their teeth under the Tiger Management founder.</p><p>Today, we are taking a look back at <a href="https://www.businessinsider.com/julian-robertson-dead-tiger-cubs-hedge-fund-spinoffs-2022-8">Robertson's legacy</a>.</p><p><em>If this was forwarded to you,</em><a href="https://www.businessinsider.com/subscription/newsletter/10-things-on-wall-street"><em> sign up here</em></a><em>. Download Insider's app </em><a href="https://www.insider.com/app"><em>here</em></a><em>.</em></p><p><a href="https://www.businessinsider.com/julian-robertson-dead-tiger-cubs-hedge-fund-spinoffs-2022-8"></a></p><p><strong>1. Julian Robertson, a pioneer in hedge funds and founder of Tiger Management, has died at 90 years of age. </strong>At its peak, Tiger Management managed about $21 billion in assets.</p><p>Since closing his fund in the year 2000, Robertson had been closely linked to some of the hedge-fund world's biggest names, many of whom he helped launch.</p><p>The Tiger Cubs — like Tiger Global founder Chase Coleman, Lee Ainslie who started Maverick Capital, and Philippe Laffont of Coatue fame — learned the ropes under Robertson and went on to found some of Wall Street's most successful hedge funds.</p><p>Coleman, in a statement to Insider, described Robertson as a "pioneer and a giant in our industry."</p><p>"He made the time to be a true mentor, always leading by example and pushing all of us to become the best versions of ourselves," Coleman said. "For that and for his friendship, I am forever grateful."</p><p>Insider's Alyson Velati <a href="https://www.businessinsider.com/julian-robertson-dead-tiger-cubs-hedge-fund-spinoffs-2022-8">took a look back</a> at Robertson's legacy, and how the legendary investor <a href="https://www.businessinsider.com/billionaire-julian-robertsons-tiger-network-spans-hundreds-of-funds-2019-11">stood at the center</a> of a quarter-trillion-dollar web of hedge-fund spinoffs.</p><p>For more on the Tiger Cubs, check out this story from Alyson on how the funds dumped tech stocks and <a href="https://www.businessinsider.com/tiger-cubs-placed-bets-on-retail-food-and-travel-stocks-2022-8?inline-endstory-related-recommendations=">diversified their holdings</a>.</p><p><u><strong>In other news</strong></u>:</p><p><a href="https://www.businessinsider.com/what-twitter-whistleblower-means-for-elon-musk-legal-battle-2022-8"></a></p><div type="image" title="Elon Musk handcuffed to Twitter logo 4x3" height="1750" width="2334" msid="93756387" hostid="261" sizebytes="340072"></div><p><strong>2. The Twitter whistleblower — former security chief Peiter Zatko — complaint is unlikely to be the silver bullet Elon Musk may hope for. </strong>But it could convince Twitter to let him pay to walk away from his $44 billion agreement to <a href="https://www.businessinsider.com/what-twitter-whistleblower-means-for-elon-musk-legal-battle-2022-8">buy the social-media platform</a>.</p><p><strong>3. Short seller Carson Block's former research partner has ripped the US Securities and Exchange Commission's whistleblower team as "hopelessly incoherent."</strong> Here's why <a href="https://www.businessinsider.com/sec-14-million-carson-block-whistleblower-award-lawsuit-2022-8">Kevin R. Barnes is mad</a>.</p><p><strong>4. MoneyLion's Chief Executive Dee Choubey said the company can become the go-to destination for personal finance. </strong>Shares of the company, which went public via a special purpose vehicle in September, have fallen 80%, and Choubey's ambitions <a href="https://www.businessinsider.com/moneylion-ceo-interview-scale-personal-finance-ml-2022-8">might be a struggle</a>.</p><p><strong>5. Goldman Sachs' long-running gender bias lawsuit will head to trial in June next year. </strong>A US federal judge rejected the bank's bid to dismiss most of a 12-year-old class action alleging widespread bias <a href="https://www.reuters.com/legal/goldman-sachs-long-running-gender-bias-lawsuit-set-june-2023-trial-2022-08-22/">against women in pay and promotions</a>.</p><p><strong>6. VMware is slowing down and vetoing customer deals as the $61 billion acquisition by Broadcom looms. </strong>Fearful customers are trying to lock in favorable terms with VMware before the deal closes, and some deals are getting canceled outright, a leaked memo <a href="https://www.businessinsider.com/vmware-sales-slowdown-contracts-salespeople-frustration-2022-8">seen by Insider showed</a>.</p><p><strong>7. Credit Suisse is chasing a broader set of the global wealthy, according to Bloomberg. </strong>The Swiss bank is shifting resources to pursue a broader range of rich clients. The development comes as Credit Suisse focuses on wealth management and dials back <a href="https://www.bloomberg.com/news/articles/2022-08-23/credit-suisse-is-reassigning-bankers-as-part-of-focus-to-wealth?srnd=wealth&amp;sref=ipW5reFz">exposure to investment banking</a>.</p><p><strong>8. SoftBank's epic losses spotlight founder Masayoshi Son's broken business model. </strong>The bubble that the tech investor blamed for his company's $23 billion loss last quarter is one that he helped create, Bloomberg <a href="https://www.bloomberg.com/news/articles/2022-08-23/softbank-s-23-billion-loss-looks-like-more-wework-fun?cmpid=BBBXT082322_DEALS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220823&amp;utm_campaign=deals">reported</a>.</p><p><strong>9. A PwC employee lost part of his skull after falling over during a drinking game at a work event. </strong>Michael Brockie is suing the financial-services company for more than $235,000. He is alleging that he faced "heavy pressure" to attend <a href="https://www.businessinsider.com/pwc-sued-employee-lawsuit-brain-injury-drinking-game-2022-8">the work event</a>.</p><p><strong>10. Tensions have reached sky-high drama at East Hampton airport, per the Financial Times. </strong>Some Hamptons residents say the noise from private planes is intolerable, while supporters clamor for the dollars of deep-pocketed Manhattanites who vacation in <a href="https://www.ft.com/content/29233c63-745a-415f-8422-ab991a562efb?shareType=nongift">the region every summer</a>.</p><p><u><strong>Done deals</strong></u>:</p><ul><li>Private-equity shop Alpine Investors <a href="https://www.businesswire.com/news/home/20220822005563/en/Alpine-Investors-Announces-Sale-of-Mindful-A-Leading-Contact-Center-Callback-Technology">has sold</a> portfolio company Mindful to Medallia, a customer and employee experience company. Mindful provides automated callback services.</li><li>Cloud developer DigitalOcean <a href="https://www.businesswire.com/news/home/20220823005306/en/DigitalOcean-to-Acquire-Cloudways">has agreed</a> to buy Cloudways, a cloud-hosting software provider, for about $350 million in cash.</li></ul><p><em>Curated by Aaron Weinman in New York. Tips? Email </em><a href="mailto:aweinman@insider.com"><em>aweinman@insider.com</em></a><em> or tweet </em><a href="https://twitter.com/aaronw11"><em>@aaronw11</em></a><em>. Edited by Hallam Bullock (tweet </em><a href="https://twitter.com/hallam_bullock"><em>@hallam_bullock</em></a><em>) in London.</em></p>

Hedge-fund pioneer Julian Robertson has died, aged 90. The founder of Tiger Management not only amassed billlions of dollars in assets, his lasting legacy includes a slew of 'Tiger Cub' protégés.

<ul class="summary-list"><li>Tiger balm is a topical cream developed by a Chinese herbalist in the 1870s.</li><li>It contains ingredients like menthol, camphor, m<strong>ethyl salicylate, cassia oil, and capsicum.</strong></li><li><strong>These ingredients can act as an expectorant and help muscle pain, headaches, arthritis pain.</strong></li></ul><p>If you're looking for a pill-free way to relieve pain, you can try out herbal solutions such as <a href="https://www.tigerbalm.com/" target="_blank" rel="noopener">Tiger Balm</a>. This topical product consisting of natural pain-relieving ingredients was formulated by a Chinese herbalist named <a href="https://www.tigerbalm.com/us/about" target="_blank" rel="noopener">Aw Chu Kin</a> in the 1870s. His sons took over the business and helped the product gain popularity in Asia, and of course, Tiger Balm eventually made its way to the west.<br /><br />Tiger Balm is available in multiple different formulations, ranging from <a href="https://www.tigerbalm.com/us/products/tiger-balm-extra" target="_blank" rel="noopener">extra strength ointments</a> to <a href="https://www.tigerbalm.com/us/symptoms/neck-and-shoulder-pain-relief/tiger-balm-hydrogel-patch-large" target="_blank" rel="noopener">pain-relieving hydrogel patches</a>, so you can choose which product is best for the ailments you're facing.</p><p>Here's what makes Tiger Balm work, and four usages for it.</p><h2>What are the ingredients? </h2><p>The ingredients of Tiger Balm work together to increase circulation, reduce inflammation, and produce cooling sensations, says <a href="https://www.charmcityintegrative.com/meet-tom-ingegno" target="_blank" rel="noopener">Tom Ingegno DACM, MSOM</a>, Doctor of Acupuncture and Chinese Medicine at <a href="https://www.charmcityintegrative.com/" target="_blank" rel="noopener">Charm City Integrative Health</a>. </p><p>Formulations may vary depending on the exact Tiger Balm product, but Ingegno says ingredients typically include:</p><ul><li><strong>Camphor</strong>: Increases blood flow and can cause both <a href="https://www.jstage.jst.go.jp/article/bpb/37/12/37_b14-00442/_html/-char/en" target="_blank" rel="noopener">warming and cooling sensations</a></li><li><strong>Menthol</strong>: Increases blood flow and <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5406845/" target="_blank" rel="noopener">produces a cooling sensation</a></li><li><strong>Methyl salicylate</strong>: <a href="https://www.sciencedirect.com/science/article/pii/B9780080552323621580" target="_blank" rel="noopener">Reduces inflammation</a> and relieves pain</li><li><strong>Capsicum</strong>: Relieves pain by blocking some <a href="https://www.mountsinai.org/health-library/herb/cayenne" target="_blank" rel="noopener">pain signals</a> sent to the brain</li><li><strong>Cassia oil</strong>: <a href="https://www.researchgate.net/publication/267754040_Antiinflammatory_effects_of_essential_oil_from_the_leaves_of_Cinnamomum_cassia_and_cinnamaldehyde_on_lipopolysaccharide-stimulated_J774A1_cells" target="_blank" rel="noopener">Reduces inflammation</a> </li></ul><p>Tiger Balm works by the <a href="https://www.sciencedirect.com/science/article/pii/B9780443068126000039" target="_blank" rel="noopener">counterirritant theory of pain control,</a> says s<a href="https://www.yalemedicine.org/specialists/elizabeth_gardner" target="_blank" rel="noopener"> Elizabeth Gardner, MD</a>, orthopedic sports medicine surgeon at <a href="https://www.yalemedicine.org/" target="_blank" rel="noopener">Yale Medicine</a> and associate professor of orthopedics at <a href="https://medicine.yale.edu/" target="_blank" rel="noopener">Yale School of Medicine</a>.</p><p>Gardner says counterirritants work by:</p><ol><li>Causing mild irritation on the skin, which distracts the brain from the sensation of pain.</li><li>This stimulates sensory receptors on the skin, which dulls pain receptors.</li></ol><p>Basically, when your skin feels tingly and warm or cool, this confuses the nervous system and ultimately results in decreased sensations of pain.</p><h2>Tiger balm uses</h2><p>Here are four common uses of tiger balm:</p><h3>1. Muscle pain</h3><p>Gardner says that tiger balm can help muscle pain in a number of ways:</p><ul><li>Camphor and menthol can increase blood circulation to the muscles and surrounding area. This may reduce inflammation and therefore provide <keyword id="12160488" type="UNKNOWN" weightage="60" keywordseo="pain-relief" source="Orion">pain relief</keyword>.</li><li>Methyl salicylate can act as a numbing agent, which may dull the pain.</li><li>Capsicum may block nerve pain receptors, reducing the severity of muscle pain</li></ul><p>A <a href="https://pubmed.ncbi.nlm.nih.gov/20171409/" target="_blank" rel="noopener">2010 study</a> found that in people with mild to moderate muscle strain, using a patch containing methyl salicylate and menthol resulted in a 40% greater pain reduction versus a placebo.</p><h3>2. Headaches</h3><p>Common headaches can be alleviated with Tiger Balm, due to its pain-relieving properties, Ingegno says. </p><p>You can rub the Tiger Balm into your temples, and even onto your neck and shoulders as well, especially if you're experiencing <a href="https://www.insider.com/tension-headache" target="_blank" rel="noopener">tension headaches</a>, Ingegno says.</p><p>A small <a href="https://pubmed.ncbi.nlm.nih.gov/20456191/" target="_blank" rel="noopener">2010 study</a> found that topical menthol was superior to a placebo at relieving pain during a migraine attack, as well as relieving associated symptoms like nausea and light sensitivity.</p><h3><strong>3. Arthritis pain</strong></h3><p>Although many rub tiger balm on areas that are affected by arthritis, Gardner says the exact mechanism of how it works for the condition is unknown. But it may be due to the anti-inflammatory effects of menthol, capsicum, and cassia oil.</p><p>It may also be due to the fact that Tiger Balm is a <a href="https://www.mayoclinic.org/diseases-conditions/osteoarthritis/in-depth/pain-medications/art-20045899" target="_blank" rel="noopener">counterirritant</a>, temporarily distracting you from arthritis pain. </p><p>A <a href="https://www.sciencedirect.com/science/article/pii/S2213422018301872" target="_blank" rel="noopener">2018 animal study</a> found that cassia extract reduced joint swelling in rats with formaldehyde-induced arthritis, suggesting that cassia has anti-arthritic properties.</p><h3>4. Cough and cold</h3><p>Tiger Balm can be used for more than just pain.<strong> </strong></p><p>Gardner says camphor acts as a mild decongestant, cough suppressant, and <a href="https://my.clevelandclinic.org/health/drugs/22078-expectorant" target="_blank" rel="noopener">expectorant</a>  —a substance that helps remove mucus from your airways.</p><p>Furthermore, menthol also works to suppress coughs, and can also soothe irritated nasal and sinus pathways, says Gardner. In fact, <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4638412/" target="_blank" rel="noopener">2012 study</a> found that inhaling menthol vapor can decrease cough reflex sensitivity, suppressing coughs.</p><p>When using Tiger Balm for this purpose, rub it on your chest, throat, and a tiny bit under your nose to experience symptom relief.</p><h2>Insider's takeaway</h2><p>Overall, more research in the way of larger-scale human studies is needed to determine how effective Tiger Balm is for various ailments. However, Tiger Balm is generally safe to use, so it doesn't hurt to give it a shot and see if it works for you.</p>

How to use the Chinese herbal solution Tiger Balm to relieve pain

<ul class="summary-list"><li><keyword id="20491" type="PERSON" weightage="60" keywordseo="Tiger-Woods">Tiger Woods</keyword> was hospitalized after sustaining multiple injuries in a <keyword id="77938" type="PERSON" weightage="60" keywordseo="car-crash">car crash</keyword> in <keyword id="6354803" type="LOCATION" weightage="60" keywordseo="Los-Angeles">Los Angeles</keyword> on Tuesday.</li><li>Officials say his injuries are not life-threatening, but his <a href="https://twitter.com/Daniel_Rapaport/status/1364300162110136321">agent</a> said the golfer is "currently in surgery."</li><li>Below is a timeline of how the devastating rollover crash unfolded on Tuesday morning.</li></ul><p>Superstar golfer Tiger Woods is currently hospitalized after sustaining "multiple injuries" a major car crash in Los Angeles Tuesday morning.</p><p>Woods was the driver and sole occupant of the vehicle, a 2021 Genesis GV80 SUV, which rolled over on the side of the road in Ranchos Palos Verdes in south Los Angeles county. Woods "suffered multiple leg injuries" in the crash according to his agent, <a href="https://twitter.com/Daniel_Rapaport/status/1364300162110136321">Mark Steinberg</a>, and was taken to Harbor-UCLA Medical Center to undergo surgery.</p><p>Officials said Woods sustained non-life-threatening injuries, <a href="https://www.nytimes.com/live/2021/02/23/sports/tiger-woods-crash">The New York Times</a> reported. The incident is still under investigation by authorities.</p><p>Here's a timeline of how the incident unfolded:</p><p>The single-vehicle crash happened at Hawthorne Boulevard, north of Palos Verdes Drive, at 7:12 a.m. local time on Tuesday, LA County Sheriff Alex Villanueva said during a <a href="https://www.facebook.com/LosAngelesCountySheriffsDepartment/videos/3926951313992398">press conference</a> Tuesday.</p><p>Authorities arrived at the scene six minutes later. Another crash occurred during the investigation of the incident because of "people being looky-loos," Villanueva said, but no injuries resulted from it.</p><p>There was no initial evidence of driver impairment, Villanueva said. When first responders went to extract Woods from the vehicle, he was alive and conscious and identified himself to Lomita Station Deputy Sheriff Carlos Gonzalez, who was the first officer on the scene.</p><p>"He told me his name was Tiger, and at that moment, I immediately recognized him," Gonzalez said at the press conference, adding that the golfer was unable to "stand under his own power" and was put on a backboard.</p><div type="image" title="GettyImages 1231347014" height="1249" width="2500" msid="81183261" hostid="261"></div><p>Chief Daryl Osby of the LA County Fire Department told reporters on Tuesday that first responders and firefighters were able to extract Woods from the vehicle using an axe and other prying tools. Osby also refuted earlier reports that the "Jaws of Life" - a hydraulic rescue tool used by emergency authorities - was used to pull Woods out of the car.</p><p>It was not immediately clear how long it took to extricate the golfer from the car. Osby said Woods was in "serious condition" but "stable enough to transport to a trauma center" following the crash.</p><p>"If the injuries were more dramatic and they couldn't control an airway, then they would have transported him to the nearest facility, but the fact that he was stable enough to be transported to a hospital further away - which was the most appropriate hospital to be transported [to] because of the nature of the injuries, the nature of the incident, says that it was a very serious injury. He met trauma center criteria, but he wasn't so serious that he needed to be transported to [the] nearest hospital for immediate life-saving procedures," Osby continued.</p><p>The <a href="https://www.latimes.com/california/story/2021-02-23/tiger-woods-injured-after-car-accident-la">Los Angeles Times</a> reported that Woods' injuries included a shattered ankle and two leg fractures, but authorities have yet to confirm the extent of his injuries.</p><p>The golf star was "lucky to be alive" following the crash, Villanueva said. He said the area "has a high frequency of accidents," and that Woods was driving at a "relatively greater speed than normal."</p><p>The speed limit for the road where the crash occurred is 45 miles per hour.</p><p>Villanueva said the vehicle, which authorities said sustained "major damage," traveled several hundred feet from the center median, adding that it also hit the curb and then a tree. The Times reported that the vehicle rolled over several times.</p><div type="image" title="tiger woods car accident" height="1665" width="2220" msid="81183262" hostid="261"></div><p>In 2009, Woods sustained minor injuries in an accident outside of his Florida mansion after his Cadillac Escalade collided with a fire hydrant and a tree while he was "driving erratically" late at night.</p><p>The crash followed a National Enquirer report about Woods' then-alleged affair, which was published just two days earlier, and played a part in fueling rumors regarding scandals in Woods' personal life. </p><p>"Over the next few months, many other women came forward claiming they had affairs with Tiger, including 24-year-old Los Angeles cocktail waitress Jaimee Grubbs," <a href="https://www.insider.com/tiger-woods-controversies-2017-5#many-of-his-endorsement-partners-dropped-woods-over-the-controversy-including-companies-like-att-gatorade-gillette-golf-digest-and-tag-heuer-but-tigers-biggest-partner-nike-stuck-with-him-10">Insider's Cork Gaines</a> reported. "US Weekly published transcripts of a voicemail allegedly from Woods to Grubbs, in which he asks Grubbs to change her voicemail greeting in case his wife tries to call."</p><p>A number of companies dropped their partnerships with the golf star in the wake of the controversy, including Gatorade, Gillette, Golf Digest, and Tag Heuer. Woods later admitted to being unfaithful to his then-wife Elin Nordegren, and the pair filed for divorce in 2010.</p><p>Woods was involved in another automobile-related incident in Florida in May 2017, when he was was discovered unconscious in his vehicle and <a href="https://www.businessinsider.com/tiger-woods-dui-arrest-report-2017-5">arrested on suspicion of driving under the influence</a>.</p><p><em>This story is developing. Check back for more details.</em></p>

Everything we know about the rollover car crash in which golfer Tiger Woods sustained 'multiple leg injuries'

We still remember, a decade ago return flights from Delhi to Mumbai were available for less than Rs 4,000 on budget carriers such as indigo (these are now three times the amount). The budget carriers were really good options as they were super cheap when compared to <keyword id="6360137" type="CITY" weightage="40" keywordseo="kingfisher">Kingfisher</keyword>, <keyword id="6358200" type="CITY" weightage="40" keywordseo="Jet-Airways">Jet Airways</keyword>, <keyword id="4637" type="ORGANIZATION" weightage="40" keywordseo="Sahara">Sahara</keyword> and Air India. However, the segregation between a budget airline and a luxury one became thinner and thinner as the years passed by.<br />
<br /> Another reason why the budget players flourished hard is because the upper class of airlines (such as Sahara and Kingfisher) either shut down or got acquired by someone else. This enabled the budget airlines to expand further and in the process increase prices as other airlines were biting the dust. Fuels costs are also a problem and the direct impact was and is being borne by the consumers. But, things are changing rapidly. More international players such as <keyword id="86568" type="COMPANY" weightage="40" keywordseo="Air-Asia">Air Asia</keyword> have stepped onto the Indian turf to begin a fresh round of price wars.<br />
<br />
Air Asia has started operation in 5-6 cities in India including Goa, Bangalore and Chennai. And the prices they are offering are quite low. In many cases cheaper than the closest Indian budget airlines. This has forced the others to follow suite and lower their respective prices as well. For the consumers it is a victory as the charges have been increasing at a steady pace.<br />
<br />
This will make air travel a little better. Many reports suggest, Indian budget airlines will try to woo the customers with cheaper airfares and perks such as extra baggage allowance. The industry and carriers do deny these reports. Air specialists and check-in experts on the other hand do say, one cannot refute that these things have happened in the past and can possibly happen again. Priority check-in and preferential seating for regular travellers can also come to light.<br />
<br /> After Air Asia, budget airlines such as <keyword id="204033" type="COMPANY" weightage="40" keywordseo="Tiger-Airways">Tiger Airways</keyword> and few gulf carriers are also looking at India as a lucrative market to expand business. Moreover, getting a ticket on trains is becoming harder by the day, flights become an easy way to travel. With increasing demand the south-east Asian and Gulf air operators can easily eat in to the swelling pie.<br />
<br />
The challenge and way ahead for Indian players is seeming slightly tough. They need to wake up and smell the reality. They are not alone anymore and with relaxed norms in India for multi-nationals they can lose a lot of business if they are not ready.<br />

Air Asia Sparked A Price War. The Airline Sector Is Heating
Up.

<br />
<br /> Rumours are rife that <keyword id="6354706" type="CITY" weightage="100" keywordseo="Indigo">Indigo</keyword> is planning to place a large order of airplanes. The decision may be taken up by one of the most successful low-cost <keyword id="44023" type="ORGANIZATION" weightage="60" keywordseo="airlines">Airlines</keyword> to operate in India in the first quarter of 2015. Reports suggest that Indigo might order 100 new <keyword id="388704" type="UNKNOWN" weightage="80" keywordseo="Airbus-A320">Airbus A320</keyword>. <keyword id="204033" type="COMPANY" weightage="80" keywordseo="Tiger-Airways">Tiger Airways</keyword> too inked a deal with Indigo to lease 12 of its A320s to the Indian aviation major. Indigo also wants to phase-out its old jets and replace them with the new ones. The closest competitor, <keyword id="6358032" type="CITY" weightage="80" keywordseo="SpiceJet">Spicejet</keyword> might also expand its base and get newer jets.<br />
 <br />
Indigo already enjoys a good market share in Indian aviation industry and further wants to extend its reach. This seems to be a move in the right direction as new international airlines and tie ups are coming up in India. For instance, Air Asia has been rampant in the southern part of the country, and the recent Tata Singapore Airlines deal might offer tough competition to Indian aviation players soon.<br />
<br />
It’s worth noting that Indigo is the only Indian airline that has been reported year on year profits. So, does this mean Indigo is ready to leap into the long-haul fleet sector? At present, Indigo operates within the 5 hour fly time bracket alone. With medium to long haul flight sectors, they might want to cover places like southern Africa and Europe. However, nothing solid has been reported on these lines.<br />
<br />
2014 has already been exciting for the aviation industry, with new partnerships and international deals. By the looks of it, 2015 is going to be the same as domestic carriers expand base and test international waters. <br />

It’s Now Clear: Indigo Wants To Be India’s Largest Airline Player, May Place A Big Aircraft Order In Early 2015

<ul class="summary-list"><li>Insider is attending the Dubai Airshow, which hosts some of <keyword id="12018329" type="UNKNOWN" weightage="60" keywordseo="aviation" source="Orion">aviation</keyword>'s latest and greatest innovations.</li><li><keyword id="11910631" type="UNKNOWN" weightage="60" keywordseo="boeing" source="Orion">Boeing</keyword> is showing off its 777X, the world's largest twin-engine aircraft. <keyword id="11896633" type="UNKNOWN" weightage="60" keywordseo="airbus" source="Orion">Airbus</keyword> is bringing its largest twin-engine jets. </li></ul><p>DUBAI - The Dubai Airshow officially kicked off on Sunday, marking the start of the first international airshow of the pandemic.</p><p>International air shows are a time for aircraft manufacturers to show off their latest innovations, while airlines and other aircraft operators display their newest purchases and often make new ones. And with nearly two years without this type of meetup, there's plenty for the industry to catch up on.</p><p>In the commercial aviation realm, Boeing and Airbus are - unsurprisingly - the main attractions with support from their airline partners. But smaller players including Brazil's <keyword id="12337321" type="UNKNOWN" weightage="60" keywordseo="embraer" source="Orion">Embraer</keyword> and Russia's Irkut Corporation are also in attendance with the hopes of winning orders for their competing products, offering airlines an alternative to the biggest in the business.</p><p>Private aviation is another focus, with manufacturers like Dassault Aviation and Bombardier showing off their new flagship business aircraft. Private charter firms, including Comlux and VistaJet, will also make the case for why their high-end aircraft are worth thousands of dollars an hour to charter.</p><p>And of course, the military, space, and defense industrial complexes will be present, with the US, Indian, French, Japanese, and UAE militaries bringing what amounts to a small air force in a display of military might. That's all in addition to the startups filling the convention hall that promise to revolutionize the aviation industry.</p><p>Insider is on the ground at the Dubai Airshow.  Here's what we're most looking forward to in the commercial, cargo, and private aviation realms.</p><h2>1. Boeing's latest and most controversial aircraft on display</h2><div type="image" title="Boeing 777X" height="3461" width="4614" msid="87697965" hostid="261"></div><p>The Boeing 777X is making its first-ever international debut and will be welcoming select attendees onboard for a sneak peek at what's to come from the landmark aircraft. Insider is those invited onboard for a first look.</p><p>The <a href="https://www.businessinsider.com/boeing-777x-twin-engine-plane-flew-for-the-first-time-2020-1">ultra-modern variant of the popular Boeing 777 family of aircraft promises increased efficiency and additional seating capacity</a> to its previous generation sibling. And in addition to the 777X being the largest twin-engine plane slated to fly passengers, the two <a href="https://www.businessinsider.com/worlds-largest-plane-engine-ge9x-to-power-boeing-777x-2020-9">GE Aviation GE9X engines will be the largest commercial aircraft engines in the world</a>.</p><p>Boeing will also perform a flying display with the aircraft to demonstrate its capabilities to a crowd that's been following the aircraft's journey, through its delays and all, since its first flight in early 2020.</p><p>The 777X's presence in Dubai is likely an homage to Emirates as the launch customer and soon-to-be largest operator of the aircraft. More than 100 777X will fill the Emirates fleet in the next few decades, based on its current order.</p><p>Boeing would also be hoping to land additional orders for the aircraft that's already garnered interest from the world's leading carriers. But orders for the smaller 777-8 will be key as most existing orders are focused on the larger 777-9.</p><p>The <a href="https://www.businessinsider.com/category/boeing-737-max">Boeing 737 Max</a> is set to be a prominent feature at the Dubai Airshow with two static aircraft on display. Boeing, in partnership with Alaska Airlines, is displaying the 737 Max 9 EcoDemonstrator aircraft that is being used to test new technology aimed at reducing the aviation industry's carbon footprint.</p><p>Alternatively, the UAE's own FlyDubai is set to have its 737 Max on display as the region's largest operator of the model. The budget carrier recently unveiled a <a href="https://www.instagram.com/p/CVr9Jx6vf5e/">new business class cabin for the aircraft</a> including lie-flat seats, pushing the bounds of comfort on a narrow-body aircraft in a way most 737 Max operators have been unwilling to do.</p><p>The Max displays come less than a year since the <a href="https://www.businessinsider.com/boeing-737-max-fly-again-news-update-recertification-faa-production-2020-11">Federal Aviation Administration ungrounded the aircraft</a> following <a href="https://www.businessinsider.com/737-max-fly-again-crash-boeing-revisions-faa-2020-12">two deadly crashes that resulted in the loss of 346 lives</a>, attributable to a <a href="https://www.businessinsider.com/outrageous-messages-from-boeing-employees-2020-1">Boeing software issue</a>.</p><p>Boeing's newest military aerial refueler, the <a href="https://www.businessinsider.com/air-force-expects-kc-46-tanker-this-year-defects-remain-2018-1">KC-46 Pegasus</a>, will also be on display as part of the US Air Force delegation. The aircraft has been plagued with scandal that's benefited its rival, Airbus and the <a href="https://www.businessinsider.com/airbus-a330-achieves-first-aerial-refueling-beats-boeing-2020-4">A330 Multi-Role Tanker Transport</a>, the Airbus refueler which will also be at the Dubai Airshow.</p><h2>2. Emirates giving the world's largest passenger jet a new lease on life</h2><div type="image" title="Emirates Airbus A380" height="1665" width="2221" msid="87697966" hostid="261"></div><p>The <a href="https://www.businessinsider.com/airbus-a380-boeing-747-stop-production-double-decker-airliners-2020-7">Airbus A380 hasn't fared well during the pandemic</a> as it quickly became a symbol for the opulence and excess that airlines needed to cut. And the result was groundings en masse for the likes of <a href="https://www.businessinsider.com/coronavirus-havoc-forces-airlines-to-retire-iconic-planes-sooner-2020-3">Qantas, Singapore Airlines, Lufthansa, and more</a>.</p><p>Airbus, meanwhile, had already been <a href="https://www.businessinsider.com/last-airbus-a380-fuselage-delivered-to-toulouse-factory-for-assembly-2020-6">drawing down production of the A380</a> with the final deliveries slated to All Nippon Airways and Emirates as the final two airlines still taking deliveries. The numbered days of the A380 appeared to dwindle as air <keyword id="11896628" type="UNKNOWN" weightage="60" keywordseo="travel" source="Orion">travel</keyword> recovered.</p><p>Emirates, however, announced a <a href="https://www.businessinsider.com/emirates-unveils-new-design-for-new-airbus-a380s-premium-economy-2021-1">new investment in A380 to see to give it a brand new passenger cabin</a>. All classes of service will see enhancements and a new premium economy class is being added.</p><p>One of the newly-refreshed A380s will be in attendance at Dubai. Insider will be on board.</p><h2>3. The best of private aviation with one notable exception</h2><div type="image" title="VistaJet Bombardier Global 7500" height="1665" width="2221" msid="87697967" hostid="261"></div><p>Bombardier will show off its flagship business aircraft, the <a href="https://www.businessinsider.com/70-million-bombardier-global-7500-for-sale-only-on-market-2020-5">Global 7500 jet, which holds the title of the largest and longest-ranged purpose-built private jet</a> currently in service. Both Bombardier and long-time customer <a href="https://www.businessinsider.com/vistajet-takes-delivery-first-charter-ready-bombardier-global-7500-2020-11">VistaJet will have the Global 7500 on display</a>.</p><p>Insider will be sitting down with Bombardier's new CEO, Eric Martel, to talk about the manufacturer's shift to an all-aviation product line.</p><p>Dassault Aviation will have two aircraft on display including a <a href="https://www.businessinsider.com/dassault-falcon-10x-largest-ever-private-jet-features-design-2021-5">cabin mock-up of the Falcon 10X, its soon-to-be largest private jet</a> set to go up against leaders from Bombardier and Gulfstream. <a href="https://www.businessinsider.com/why-dassaults-falcon-10x-will-be-category-killer-coolest-features-2021-7">Industry experts are particularly excited about the Falcon 10X</a> given its performance capabilities, interior design, and overall spacious cabin.</p><p>Gulfstream is not attending this year's Dubai Airshow, and its absence is notable given the manufacturer has three new aircraft currently in development. Most notably, <a href="https://www.businessinsider.com/gulfstream-debuts-75-million-g700-private-jet-tour-photos-2021-9">the Gulfstream G700 that made the rounds over the summer on a global tour</a> will not be making the trek to Dubai.</p><p>But even with three new aircraft in the pipeline, Gulfstream is ceding Dubai to its French, Canadian, and Brazilian rivals.  </p><p>Boeing is bringing one of its 737 airliner-turned-private-jets, known as <a href="https://www.businessinsider.com/boeing-business-jet-747-8i-private-photos-interior-2020-3">Boeing Business Jets</a>, to Dubai, but it won't be on display at the airshow. Rather, select attendees, including Insider, will be shuttled to Dubai International Airport for tours.</p><p>Airbus, for its part, will <a href="https://www.businessinsider.com/inside-acropolis-aviations-new-110-million-acj320neo-private-jet-2020-3">show off an Airbus Corporate Jet 320neo</a>, the private jet variant of the A320neo airliner. <br />These flying penthouse apartments are intended for a particularly wealthy type of traveler than can afford the ultra-high expense of purchasing and maintaining an airline for private use.</p><p>Embraer is showing off its <a href="https://www.businessinsider.com/embraers-newest-praetor-600-private-jet-enters-service-with-flexjet-2020-12">Praetor 600 super-midsize aircraft that's becoming popular with major private jet firms including Flexjet</a>.</p><p>Aircraft completion specialist Citadel Completions will also bring a rare private jet to the skies, another airliner-turned-private jet based on the Airbus A340-500 airliner. The four-engine private offers a nearly unbeatable combination of living space and range, with the A340-500 a former favorite of airlines to fly ultra-long-haul routes.</p><p>Other private aircraft manufacturers in attendance include Pilatus, Irkut Corporation, Textron Aviation, and Tecnam.</p><h2>4. A Brazilian and European rivalry on full display</h2><div type="image" title="An Embraer E195-E2 aircraft - Embraer E195-E2" height="1666" width="2223" msid="87697968" hostid="261"></div><p>Airbus and Embraer will both bring their next-generation aircraft that are fighting for control in the 100-150-seat market.</p><p>Embraer is bringing its Embraer E195-E2 demonstration aircraft, featuring a special paint livery with a tiger on the nose and called the "Profit Hunter." <a href="https://www.businessinsider.com/porter-airlines-breathes-life-into-embraer-e195-e2-program-2021-7">Sales have been poor when compared to Airbus</a> despite Embraer touting better operating economics over its Airbus competitor.</p><p>Airbus and Air Baltic will be showing off the Airbus A220, <a href="https://www.businessinsider.com/history-of-the-airbus-a220-bombardier-cseries-plane-2020-2">formerly known as the Bombardier CSeries</a>. Airlines around the world have fallen for the A220 while Embraer has struggled to keep up commercially. It's been losing long-time customers, including <a href="https://www.businessinsider.com/flying-on-jetblue-airways-brand-new-airbus-a220-photos-review-2021-6">JetBlue Airways</a> and <a href="https://www.businessinsider.com/air-canada-unveils-controversial-new-airbus-a220-aircraft-2020-1">Air Canada</a> to the Airbus jet.</p><h2>5. Russia's answer to the Boeing 737 Max and Airbus A320 family of aircraft</h2><div type="image" title="Irkut Corporation MC-21" height="2000" width="2666" msid="87697969" hostid="261"></div><p>Russia's Irkut Corporation is nearing the finish line on a new jet to compete against Boeing and Airbus' 150-to-200-seat aircraft market. The MC-21 is made with composite materials and powered by turbofan engines. </p><p>It's unlikely that a Western airline will place an order but the jet could show promise in Europe and Asia. </p><h2>6. Israel comes to town</h2><div type="image" title="Israel Aerospace Industries Boeing 777-300ER &quot;Big Twin&quot; cargo plane" height="1421" width="1895" msid="87697972" hostid="261"></div><p>Israel is set to have a major presence at the Dubai Airshow for the first time in the event's history. The recent easing of tensions between Israel and the UAE under the Abraham Accords paved the way for Israel's attendance.</p><p><a href="https://www.businessinsider.com/how-passenger-airliners-are-converted-into-freighter-planes-2021-2">Israel Aerospace Industries</a> is one Israeli company that will make its first-ever journey to the Dubai Airshow, highlighting its experience in defense systems, passenger-to-cargo aircraft conversations, and maintenance and repair operations.</p><h2>7. Never-before-seen aircraft</h2><div type="image" title="Ethiad Boeing 787-9 Dreamliner" height="1198" width="1598" msid="87697973" hostid="261"></div><p>Etihad Airways is bringing the Airbus A350-1000 XWB to Dubai in a first-ever public display. Despite the airline taking delivery of five models from Airbus, according to <a href="https://www.planespotters.net/airline/Etihad-Airways">Planespotters.net</a>, not one has flown a paying passenger.</p><p>If <a href="https://www.businessinsider.com/etihad-airways-likely-retiring-airbus-a380-and-the-residence-2021-3">Etihad CEO Tony Douglas keeps his promise to retire the airline's A380s</a>, the A350-1000 will become the second-largest aircraft in the Etihad fleet behind the Boeing 777-300ER. That is, until the Boeing 777X joins the fleet and makes the Airbus A350-1000 the third-largest plane in the fleet. </p><h2>8. Leonardo shows off the civilian version of a popular military aircraft</h2><div type="image" title="AW609 Tilt Rotor" height="1296" width="1728" msid="87697974" hostid="261"></div><p>The <a href="https://www.businessinsider.com/leonardo-aw609-civilian-v-22-osprey-details-photos-2020-3">Leonardo AW609 is one of the most unique aircraft coming to the Dubai Airshow</a> as it's one that can take off and fly like a plane or helicopter. Vertical takeoff and land aircraft are a special type of aircraft merging the best of fixed-wing aircraft with the flexibility a helicopter offers.</p><p>The US Air Force is also bringing its Bell Boeing MV-22B Osprey, one of the aircraft that protects the US president, to the Dubai Airshow.</p><p><em>Are you at the Dubai Airshow and want to get in touch with Insider? Email this reporter at tpallini@Insider.com.</em></p>

8 things we're looking forward to at the Dubai Airshow this week

<ul class="summary-list"><li>Investors at JetBlue Ventures, Mighty Capital, and other VC firms shared their favorite podcasts.</li><li>They include "All-In" with Chamath Palihapitiya and "The Future of Everything" by the WSJ.</li></ul><p>Global venture-capital funding in 2022 may have <a href="https://www.cbinsights.com/research-state-of-venture?utm_campaign=marketing_state-venture_2022-07&amp;campaignid=17130804447&amp;adgroupid=137057131835&amp;utm_term=venture%20capital%20slowdown&amp;utm_source=google&amp;utm_medium=cpc&amp;utm_content=adwords-reports-quarterly-annual-reports&amp;hsa_tgt=kwd-1684919686729&amp;hsa_grp=137057131835&amp;hsa_src=g&amp;hsa_net=adwords&amp;hsa_mt=e&amp;hsa_ver=3&amp;hsa_ad=610211246529&amp;hsa_acc=5728918340&amp;hsa_kw=venture%20capital%20slowdown&amp;hsa_cam=17130804447&amp;gclid=CjwKCAjw3qGYBhBSEiwAcnTRLkGjbBXo9pQ9StzEkoAmJNP6qyrlitI9FHW1DcBuaftyueWz6eCwMhoCMqkQAvD_BwE">dipped 35%</a> from 2021, according to a report by analytics company CB Insights, but <a href="https://www.businessinsider.com/vc-startup-investors-ramp-up-deals-after-summer-slowdown-2022-9">VCs are still eager to make deals</a>. </p><p>It's a tough market right now, though, and investors need reliable insights, news, and information to spot opportunities and avoid making the wrong moves. </p><p>Podcasts can help. Here are 11 great options, recommended by VCs,  founders, CEOs, and other industry insiders.</p><h2><strong style="color: #000000;">1. 'The Full Ratchet' with Nick Moran</strong></h2><p>Steve Taub, the managing director of investments at <a href="https://affiliate.insider.com?postID=63c19fa7232821203b57cc2b&amp;site=bi&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fjetblue-ventures%2F">JetBlue Ventures</a>, JetBlue Airways' VC firm that's invested in startups like <a href="https://www.jobyaviation.com/">Joby</a> and <a href="https://flyrlabs.com/">Flyr Labs</a>, said he likes "<a href="https://fullratchet.net/">The Full Ratchet</a>" because it "demystifies" the VC world. The podcast's host, Nick Moran — the founder and general partner of <a href="http://newstack.vc/">New Stack Ventures</a> — has interviewed VCs and startup founders like <a href="https://podcasts.apple.com/gb/podcast/118-economic-theory-in-venture-capital-part-1-mark-suster/id888084300?i=1000378448924">Mark Suster</a>, <a href="https://fullratchet.net/135-dispelling-conventional-wisdom-in-vc-part-1-eric-paley/">Eric Paley</a>, and <a href="https://fullratchet.net/ep30-the-dark-side-of-vc-predatory-investor-practices-joanne-wilson/">Joanne Wilson</a> on how they build great companies.</p><p>"Moran often has interesting guest interviews, and I like the short 'investor stories' about lessons learned and unusual situations," Taub said. "I like that they're brief so I can listen to them when I don't have time for a full interview." </p><h2><strong style="color: #000000;">2. 'Catalyst' with Shayle Kann </strong></h2><p>Taub is also a fan of "<a href="https://www.canarymedia.com/podcasts/catalyst-with-shayle-kann">Catalyst</a>," which interviews investors, researchers, and executives knowledgeable about the world of climate tech. </p><p>While this isn't a strictly VC-focused podcast, the host, Shayle Kann, is a partner at <a href="https://www.energyimpactpartners.com/">Energy Impact Partners</a> and leads EIP's investments at the frontier of climate tech, so the show covers timely topics in the climate-tech space.</p><p>Taub told Insider he listens to "Catalyst" because the threat of climate change — and humanity's response to it — is among the defining issues of the 21st century. "It will shape almost every aspect of our society and economy, so it's creating enormous opportunities for innovation and entrepreneurs," Taub said. "I think Kann does a great job of finding people with interesting ideas in the space, and he teases out the real challenges they need to overcome to be successful, so it's not just cheerleading."</p><h2><strong style="color: #000000;">3. 'The Twenty Minute VC' with Harry Stebbings</strong></h2><p><a href="https://affiliate.insider.com?postID=63c19fa7232821203b57cc2b&amp;site=bi&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fandrewger%2F">Andrew Gershfeld</a>, a partner at the Boston-based investment fund <a href="https://flintcap.com/">Flint Capital</a> — whose investments include the unicorns <a href="https://www.crunchbase.com/organization/socure">Socure</a> (valued at $4.5 billion) and <a href="https://www.crunchbase.com/organization/walkme">WalkMe</a> (valued at $2.5 billion at IPO) — is a fan of "<a href="https://www.thetwentyminutevc.com/">The Twenty Minute VC</a>" podcast. </p><p>"Permanent lack of time in an investor's life makes you very picky when it comes to podcasts," he told Insider. "I find the '20VC' podcast very useful and insightful. Listening to how other VCs speak about themselves and how entrepreneurs describe the VCs they work with helped me understand how to differentiate our firm from the crowd." </p><p>Gershfeld said the host, Harry Stebbings, asks high fliers from successful VC firms — including <a href="https://twitter.com/wquist">Will Quist,</a> a partner at <a href="https://slow-prod.herokuapp.com/">Slow Ventures</a>, and <a href="https://contrary.com/blog/welcoming-kyle-harrison">Kyle Harrison</a>, a general partner at <a href="https://contrary.com/">Contrary</a> — how they forged investment scenarios to achieve big goals and what's impacted their leadership approach. </p><p>"The main thing about the VC world is building relationships, and Harry is an example of a great networker," Gershfeld said. "He's a self-made VC professional who turned from a VC fan in his teens into a full-fledged investor who manages over <a href="https://www.businessinsider.com/vc-lerer-hippeau-hosting-summit-for-gen-z-tech-startup-2021-7">$140 million</a>."</p><h2><strong style="color: #000000;">4. 'All-In' with Chamath Palihapitiya, Jason Calacanis, David Sacks, and David Friedberg </strong></h2><p>Gershfeld loves the podcast "<a href="https://www.allinpodcast.co/">All-In</a>" because so few podcasts cover "all major things of the week" — from economics and technology to politics and social agendas. He said the four hosts possess "unmatched experience" and knowledge about technology and the VC market. </p><p>"Chamath Palihapitiya appears to be one of the few investors who has gone from VC into hedge-fund management," Gershfeld said. "Jason Calacanis has more than two decades in tech. David Sacks has over 20 unicorns in his portfolio, including Airbnb, Facebook, SpaceX, Twitter, and Uber. And David Friedberg of Climate Corporation, one of the first 1,000 employees at Google, helped run Google's AdWords and worked with Larry Page, Google's cofounder."</p><p>Gershfeld favorite segments include "<a href="https://podcasts.apple.com/us/podcast/e100-reflecting-on-the-first-100-shows-fan-questions/id1502871393?i=1000582630529">Reflecting on the first 100 shows</a>," and "<a href="https://podcasts.apple.com/us/podcast/e91-softbanks-%2421b-vision-fund-loss-signals-of/id1502871393?i=1000575944980">Softbank's $21B+ Vision Fund loss</a>."</p><h2><strong>5. '</strong><strong>The Future of Everything</strong><strong>'</strong><strong> by The Wall Street Journal</strong></h2><p>The WSJ's "<a href="https://www.wsj.com/podcasts/wsj-the-future-of-everything">The Future of Everything</a>" podcast is the top pick of Ryan Nelson, a partner at the early-stage venture studio and VC fund <a href="https://www.wearejobi.com/">Jobi</a> and the cofounder of Jobi Brands, which has helped build celebrity brands like Courteney Cox's home-care brand <a href="https://affiliate.insider.com?postID=63c19fa7232821203b57cc2b&amp;site=bi&amp;u=https%3A%2F%2Fhomecourt.co%2F">Homecourt</a> and Kate Hudson's wellness brand <a href="https://www.tobeinbloom.com/">Inbloom</a>. </p><p>"I love this podcast for being very far-forward-looking and covering potential changes in technology that could dramatically alter our world," Nelson said. "Personally, I'm interested in how our lives and societal trends will evolve and be shaped by new inventions — or new applications of older technologies.  </p><p>"I think it's worthwhile to understand what types of opportunities to be on the lookout for in the near to medium term that are in line with these longer-term movements. By the time things are very obvious and in the mainstream, it can be too late to capitalize fully on the opportunity provided." </p><h2><strong>6. '</strong><strong>Venture Unlocked</strong><strong>'</strong><strong> with Samir Kaji</strong></h2><p>Jenny He — the founder and general partner of <a href="https://streaklinks.com/BNja_QseHqTfmoTefw6BSMbj/https%3A%2F%2Fwww.positionventures.com%2F">Position Ventures</a>, an early-stage venture fund backed by Bain Capital Ventures and Tiger Global that's invested in <a href="https://fractal.ai/">Fractal</a>, <a href="https://www.anrok.com/">Anrok</a>, and <a href="https://www.workwhilejobs.com/">WorkWhile</a> — said the <a href="https://www.allocate.co/">Allocate</a> CEO and founder Samir Kaji's "<a href="https://streaklinks.com/BNja_QouLnvoaZO00QsqsQtJ/https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fventure-unlocked-the-playbook-for-venture-capital%2Fid1535501313">Venture Unlocked</a>" podcast is "a must-listen for any emerging manager or anyone looking to get into venture capital."</p><p>The podcast interviews fund managers from all walks of life to reveal their approach to venture, trends they're seeing in the market, and how they got started with their first fund, featuring interviews with established VCs as well as emerging managers on their first fund. One of He's favorite episodes is "<a href="https://podcasts.apple.com/us/podcast/776s-alexis-ohanian-on-the-new-era-of-vc/id1535501313?i=1000557512012">Alex Ohanian on the new era of VC</a>."</p><p>"'Venture Unlocked' gives listeners unique access into the world of starting and scaling a venture-capital firm — as well as a rare glimpse into the LP perspective, which few people know the ins and outs of," He said. "As a first-time fund manager, it was valuable to hear from other fund managers on how they got started, as starting a fund is also a founder journey." </p><h2><strong>7. '</strong><strong>Capital Allocators</strong><strong>'</strong><strong> with Ted Seides</strong></h2><p>Ted Seides, an allocator and asset-management expert, hosts "<a href="https://podcasts.apple.com/us/podcast/capital-allocators-inside-the-institutional/id1223764016">Capital Allocators — Inside the Institutional Investment Industry</a>," which <a href="http://www.scmoatti.com/">SC Moatti</a>, the founding managing partner of the San Francisco-based VC firm <a href="https://mighty.capital/">Mighty Capital</a>, a backer of Airbnb and Amplitude, said has "the most quality, in-depth discussions on how institutional investors select the VCs they invest in." </p><p>"My favorite series of the show is their manager interviews, where an endowment will invite one of the venture funds they invested in — great nuggets on what makes VCs get excited about deals," Moatti added.</p><h2><strong>8. '</strong><strong>Masters of Scale</strong><strong>'</strong><strong> with Reid Hoffman</strong></h2><p>Chenxi Wang, the founder and general partner of the Silicon Valley-based venture fund <a href="http://www.raincapital.vc/">Rain Capital</a> and a former executive at Intel and Forrester, is a fan of the "<a href="https://podcasts.apple.com/ro/podcast/masters-of-scale/id1227971746">Masters of Scale</a>" podcast, where the LinkedIn cofounder Reid Hoffman proves unconventional theories about how businesses scale and interviews top CEOs.</p><p>"As a general partner of a venture fund, I don't have a lot of time, but I can always learn something valuable from Reid's conversations with leaders who have scaled a massively successful business," Wang said. "In my opinion, building a successful startup is 30% about the idea and 70% about the ability to scale up the operation. Scaling a business is about building repeatable motions, establishing meaningful business metrics, and responding to evolving market conditions. The 'Masters of Scale' podcast hits on those aspects really well, and I recommend all founders listen to this podcast and make it a regular resource."</p><h2><strong style="color: #000000;">9. 'What Is Money?' with Robert Breedlove</strong></h2><p>Nathan Montone, the cofounder and CEO of <a href="https://www.m31.capital/">M31 Capital Management</a>, a global investment firm focused exclusively on crypto assets and blockchain technology, and an early backer and advisor to Helium, lists "<a href="https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400">What Is Money?</a>" with Robert Breedlove, a former hedge-fund manager and philosopher in the bitcoin space, as one of his favorite podcasts and the best starting point for anyone looking for a "first principles understanding" of monetary technologies.</p><p>"'What Is Money?' takes deep philosophical dives into the importance of bitcoin through historical, political, technical, and spiritual lenses," Montone said. "BTC is the single-most important asset in the world, and that podcast gets to the heart of why that is."</p><h2><strong>10. '</strong><strong>Origins</strong><strong>'</strong><strong> by Notation</strong></h2><p>Jenny Rooke, the managing director of <a href="http://www.genoavc.com/">Genoa Ventures</a>, a VC investing in early-stage companies like <a href="https://www.crunchbase.com/organization/intabio">Intabio</a> and <a href="https://intervenn.com/">InterVenn</a> in the biology and tech sectors, said "<a href="https://podcasts.apple.com/us/podcast/origins-a-podcast-about-limited-partners-created-by/id1111792048">Origin,</a>" a podcast created by Alex Lines and Nick Chirls, partners at the VC firm <a href="https://notation.vc/">Notation Capital</a>, is "excellent" for providing the LP perspective. </p><p>"The Notation Capital hosts ask LPs the questions that are on general partners' minds, such as how LPs think about allocating to new and emerging managers, tips and guidance for communicating well with LPs, and the LP view on markets and trends that need to be reflected in a manager's evolving strategy in order to stay current and succeed," Rooke said.</p><h2><strong>11.</strong> <strong>'</strong><strong>Built to Sell Radio</strong><strong>'</strong> <strong>with John Warrillow</strong></h2><p>"<a href="https://podcasts.apple.com/us/podcast/built-to-sell-radio/id1018988393">Built to Sell Radio</a>" airs weekly and features an entrepreneur who's recently sold their business to share why they sold it, focusing on their mistakes and victories along the way.</p><p>"Host John Warrillow is a thought leader in his own right, focused on creating and maximizing business value on the customer side and on the exit side," SC Moatti said. </p><p>"A great show to hear stories about entrepreneurs who made it all the way, with stories of entrepreneurs selling their businesses," Moatti added. "So many lessons that can be applied to early-stage startups, because at the end of the day, it doesn't matter how much money you raise, it's all about the exit and being able to land that plane."</p>

11 podcasts that busy venture capitalists and founders say they trust right now

<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div>Sydney (AFP) - Virgin on Friday took full control of budget carrier Tigerair Australia, buying the remaining 40 percent it did not already own for Aus$1 (88 US cents) from its Singapore-listed parent.</p>
<p>The deal was revealed as it was announced that Singapore Airlines (SIA) would take majority control of Tiger Airways -- of which Tigerair Australia was a subsidiary -- as part of a turnaround plan for the loss-making budget firm.</p>
<p>Virgin Australia purchased a 60 percent stake in Tigerair in mid-2013 for Aus$35 million and said agreement had been reached to buy the rest of the carrier, which has struggled to reach profitability, for the tiny sum.</p>
<p>Tiger will continue to license its brand to Virgin.</p>
<p>Virgin Australia chief John Borghetti said the acquisition would allow it to fly to a number of new short-haul international destinations, providing growth opportunities for the business, while accelerating Tigerair's drive for profitability.</p>
<p>"Given the ongoing subdued consumer demand in the Australian domestic market, the growth of the Tigerair Australia domestic fleet is likely to be reduced," he said. </p>
<p>"Under this proposed transaction, we will benefit from the economies of scale and achieve profitability ahead of schedule by the end of 2016, by leveraging the resources of the wider Virgin Australia Group."</p>
<p>In Singapore, Tiger Airways said SIA would convert its "perpetual convertible capital securities holdings" in the carrier into shares, raising its stake to 55 percent from 40 percent.</p>
<p>It said the move would effectively make Tiger Airways a subsidiary of SIA, which also operates a long-haul budget unit called Scoot.</p>
<p>Tiger Airways also said it will separately raise Sg$234 million (US$184 million) in a rights issue that will be mostly subscribed by SIA. The rights issue will be carried out after SIA increases its stake.</p>
<p>Tiger has been struggling to make money owing to tough competition in the booming Southeast Asian budget carrier market, which is dominated by Malaysia's AirAsia and Singapore-based Jetstar Asia.</p>
<p>Earlier this year, it sold its entire 40 percent stake in Tigerair Philippines to rival Cebu Pacific, and in July, its joint venture in Indonesia's PT Mandala Airlines ceased operations owing to losses.</p>
<p>The Tigerair Australia move, which is subject to Foreign Investment Review Board approval, comes after a difficult 12 months for Australian airlines as intense battle for market share saw both Virgin and Qantas suffer heavy losses.</p>
<p>Virgin posted a full-year net loss of Aus$355 million, while Qantas suffered a record loss of Aus$2.8 billion. </p>
<p> </p>

Virgin takes full control of Tigerair Australia for Aus$1

<p><div class="KonaFilter image-container display-table lead-image-large"><div><div class="image on-image"><p class="source"><span>Stay One Degree</span></p><p class="caption">There's been a 500% increase in people looking for properties with helipads.</p></div><p></p></div></div></p><ul class="summary-list"><li>The wealthiest people in the world can afford to be incredibly picky with where they stay on holiday.</li><li>Luxury property social network Stay One Degree has revealed the most extravagant vacation demands from its super-rich members.</li><li>From having a shark tank installed in a property to ensuring all windows are made of bullet-proof glass, nothing is too expensive for the 1%.</li></ul><p>When money is no object, the world is not only your oyster but your Champagne, caviar, and white truffle, too.</p><p>And when it comes to holidays, the super-rich sure know how to do it in style. </p><p>Naturally, extravagance is the order of the day. And to ensure ultimate relaxation, the wealthiest 1% employ others to organise their most eleborate demands.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Stay One Degree</span></p><p class="caption">Nothing is too much to ask for the super-rich.</p></div><p></p></div></div></p><p>Forget requesting a sea-view room or that your steak be cooked just how you like it, the super-rich have somewhat bigger ideas for their vacations.</p><p><em><strong>Read more:</strong> <a href="http://uk.businessinsider.com/prive-florida-vacation-homes-for-the-super-rich-2018-8" target="_blank" rel="noopener">The super rich love this new man-made island in Florida with a private dock for yachts and high-rise homes that start at $2.3 million</a></em></p><p><a href="https://www.stayonedegree.com" target="_blank" rel="noopener">Stay One Degree</a> is a private social network which has become a hub for the incredibly wealthy, who use the site to find holiday properties which will provide their must-haves.</p><p>After launching in December 2017, it currently has 10,000 members with access to over 1,000 properties in 54 countries.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Stay One Degree</span></p><p class="caption">An extensive amount of wine is a pre-requisite for many.</p></div><p></p></div></div></p><p>The company has gained some pretty good insight into how the 1% holiday - and they've had some pretty bizarre requests, too.</p><p>Using insights from the last year (2017/2018), they shared the most outrageous ones with Business Insider.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Stay One Degree</span></p><p class="caption">A wine cellar is of course a must-have.</p></div><p></p></div></div></p><h2>Here are the 10 most extravagant requests in 2018:</h2><ol><li>Shark tank installed internally in the property</li><li>Panic room to be included in or connected to the main bedroom suite</li><li>Helipads on the grounds of the property</li><li>A live-in portrait painter to capture the family holiday</li><li>Stocked wine cellars with 30-year-old Bordeaux and 50-year-old whisky</li><li>Bullet-proof glass within all main rooms in the residence</li><li>Private coastline and or access to a private beach</li><li>Tree-houses in the garden for the children (with full amenities including electricity, running water, cinema, and games room)</li><li>A private zoo and live-in exotic animals, preferably a tiger</li><li>Personalised wardrobes on arrival and stylists/dressers to hand.</li></ol><p>The company added that one of the main reasons more people are looking for properties with private helipads (there's been a 500% increase in interest over the past year) is so they don't have to use public airports.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Stay One Degree</span></p><p class="caption">This Costa Rica property has its own helipad.</p></div><p></p></div></div></p><p>This isn't simply so the super-rich can avoid mingling with commoners, though - it's apparently so they can feel completely "off-grid."</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/qatar-airways-luxurious-business-class-with-double-beds-2018-7">Inside Qatar Airways' new Airbus A350-1000 luxury business class suites, with seats that transform into double beds</a></h3>        <div>                    </div>    </div>

A luxury travel company says these are the 10 most extravagant requests it's had from its super-rich customers

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div><p></p></div></div>Good morning! These are the major stories from around the world getting traction this morning.</p>
<p><span><strong>European Markets Are Rallying.</strong> After a dismal week, </span><span></span><a href="http://www.businessinsider.com/market-update-oct-17-2014-2014-10">stocks across Europe are bouncing back</a><span>, with every major index up between one and two percent today.</span><span> </span></p>
<p><strong>The iPhone 6 Finally Hit China.</strong> Apple <a href="http://www.businessinsider.com/afp-apple-starts-iphone-6-sales-in-key-china-market-2014-10#ixzz3GOdYON74">began selling its latest iPhone in China Friday</a>, nearly a month after other major territories due to a license delay by regulators.<br><span style="font-size: 15px; line-height: 1.5em;"></span></br></p>
<p><span style="font-size: 15px; line-height: 1.5em;"><strong>Virgin Bought Out Tiger Airways For 88 Cents.</strong> Virgin on Friday <a href="http://www.businessinsider.com/afp-virgin-takes-full-control-of-tigerair-australia-for-aus1-2014-10#ixzz3GOddd0dC">took full control of budget carrier Tigerair </a>Australia, buying the remaining 40 percent it did not already own for one Australian dollar (88 US cents). </span></p>
<p><strong>Yellen Is Speaking Later.</strong> The Fed chair will speak at 8.30 a.m. ET, and September housing starts will be announced at the same time. Economists expect over a million new units.</p>
<p><span style="font-size: 15px; line-height: 1.5em;"><strong>Russia Burned $13 Billion Trying To Prop Up The Ruble.</strong> The Russian central bank has been <a href="http://www.businessinsider.com/russia-burned-13-billion-to-prop-up-the-ruble-2014-10#ixzz3GOhbz2V6">burning through the country's foreign exchange reserves</a> as investors sell the ruble, driving its value ever lower.</span></p>
<p><strong>Police Are Cracking Down On Hong Kong's Protestors.</strong> Hong Kong police <a href="http://www.businessinsider.com/afp-hong-kong-police-clear-pro-democracy-protest-site-afp-2014-10#ixzz3GOi4MsLq">cleared a pro-democracy protest site</a> in the city's densely populated Mong Kok area early Friday.</p>
<p><strong>The World Health Organisation Says The Ebola 'Situation Is Deteriorating'.</strong> While the US is panicking about three Ebola cases in one month, <a href="http://www.businessinsider.com/ebola-spreading-in-west-africa-2014-10#ixzz3GOislUan">parts of West Africa are deteriorating rapidly</a>, with little sign that the region is getting the outbreak under control.<span style="font-size: 15px; line-height: 1.5em;"> </span></p>
<p><strong>Japan's First Commercial Jet In 50 Years Is About To Be Released.</strong> Mitsubishi Aircraft will <a href="http://www.businessinsider.com/r-japan-to-roll-out-aerospace-hope-with-first-commercial-jet-in-half-a-century-2014-10#ixzz3GOkEO2KU">roll out a new commercial jet</a> on Saturday.<span style="font-size: 15px; line-height: 1.5em;"> </span></p>
<p><strong>Amazon Is Bringing Its Same-Day Delivery Service To New York.</strong> Amazon is <a href="http://www.businessinsider.com/r-amazon-expands-grocery-delivery-service-to-brooklyn-2014-10#ixzz3GOlz8rZt">expanding its online grocery delivery program</a> to Brooklyn's well-heeled Park Slope neighborhood on Friday.<span style="font-size: 15px; line-height: 1.5em;"> </span></p>
<p><strong>The Bank Of England Is Signaling A Later Rate Hike. </strong> Chief Economist Andy Haldane said in a speech <a href="http://www.businessinsider.com/bank-of-england-chief-summed-up-the-economy-with-one-disgusting-phrase-2014-10">that he was "gloomier" about the economy than he was three months ago</a>, and a rate hike might take more time. </p>

10 Things You Need To Know Before The Opening Bell

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source">REUTERS/Sivaram V </p><p class="caption">A saleswoman arranges a <keyword id="18712" type="ENTERTAINMENT" weightage="60" keywordseo="Gold">gold</keyword> necklace inside a jewellery showroom in the southern Indian city of Kochi April 16, 2013. </p></div><p></p></div></div><keyword id="3658" type="COUNTRY" weightage="60" keywordseo="India">INDIA</keyword>NS adore gold. Newly wed brides are given enough jewellery to break their necks. Peasants store their pitiful savings in trinkets. Wise-guys sport rings like knuckle-dusters and tycoons with broken balance-sheets offer gold at temples in return for redemption. Even as economists and officials beg them not to, Indians splurge on the shiny stuff-in 2011 India imported more gold than any other country-about 1,000 tonnes, or a fifth of global annual supply. That is the same amount that sits in the central bank vaults of Switzerland. Why do Indians love gold?</p>
<p>Although tradition explains part of gold's allure, such vast purchases are a modern phenomenon. India consumed only 65 tonnes in 1982. Until 1990 imports were all but banned. Bullion had to be smuggled in and its price within India was about 50% higher than outside it. The typical buyer was a poor farmer in south India, for whom gold was an ancient currency and collateral to borrow against in bad times. But deregulation has seen an explosion in gold purchases. Today bullion is bought by rich people, serious investors and speculators. Once crooks imported gold and pawn brokers made loans against it. Now most gold coming into India enters legally through banks. Many loans made against gold collateral are not from shifty money lenders but registered financial firms.</p>
<p>Gold buyers are being rational, in their own way. First, they think the formal financial system is stacked against them. Only a third of Indians have bank accounts. Real returns stink: consumer price inflation is higher than benchmark interest rates and government bond yields. The financial system is geared towards helping the profligate government borrow cheaply at the expense of savers. While foreigners buy lots of Indian shares, locals have been sellers for some time. Faced with few alternatives, gold doesn't look so bad, especially given that its price rose every year between 2002 and 2011. The second reason why gold is popular is that it allows you to bypass a lot of India's legendary red tape. Opening a bank account in India is bureaucratic hell. Gold, on the other hand, is widely accepted without any documentation. It is also a fine way to store wealth without paying tax-along with property, it is the asset class that the authorities struggle to track. Some reckon that the huge boom in gold has closely tracked the boom in political corruption over the past decade.</p>
<p>At the individual level, then, the gold craze makes sense. But in aggregate it is a disaster for India. Imports of bullion impose a massive strain on its balance of payments-amounting to $54 billion in the year to March 2013. India's current-account deficit reached an alarming 4.8% of GDP that year, and just over half of the gap was due to gold. Gold also diverts savings out of the formal financial system, where they can be harnessed for investment. Thus while India's overall savings rate is high and on par with those of Asia's "tiger" economies, half of those savings are now diverted into physical assets. The ratio has been getting worse, as if India is moving back in time. The solution is to make sure that more people have access to the formal financial system. Raising interest rates to encourage savers would help, too. Both reforms will take time, however. In the short term, following a currency wobble over the summer, the government has resorted to a more primitive response, hiking taxes and imposing quotas on gold imports. For now this seems to have worked, with only $1-2 billion of gold being imported in October. But in time it may encourage smuggling. The gold price in India is now 10% above international levels, which suggests a premium for smuggling is being built in. And bootleggers are experimenting with new ways to beat the system: on November 19th 24 gold bars, worth more than $1m, were found stashed in the toilet cubicle of a Jet Airways flight to Kolkata.</p>

Why Do Indians Love Gold?

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div><p></p></div></div>America's airline workers and CEOs are mad as hell. <br><br>They face increasing competition from a group of foreign rivals which - they say - are government supported, profiting off cheap labor, and abusing international agreements.<br><br>One the surface, it seems like a perfect opportunity for President Donald Trump to champion American workers and threaten to tear up another trade agreement.<br><br>But, so far, he's not biting, and there's two reasons why. <br><br>His job-creation focus is manufacturing, not the services industry, and the airlines that are triggering the complaints hail from a part of the world where Trump has growing business ties. </br></br></br></br></br></br></br></br></p><h2>What's the issue?</h2><p>The shorthand version of the feud is as follows: Since //2015// <span><span>American, Delta, and United Airlines (the US3) have been complaining about competition from three huge and fast growing Middle East-based rivals, Emirates, Etihad, and Qatar Airways (the ME3). <br /></span></span></p><p>According to the US3, the ME3's growth has been fueled by as much as $50 billion in subsidies over the past decade - allowing them to flood the international market and threaten the job security of US aviation workers. They also say the ME3 are in violation of the OpenSkies agreements that govern international air travel between the US and 120 nations including the UAE and Qatar.</p><p><span>They're trying hard to get Trump's attention. Last Sunday</span>, a group of <a href="http://www.businessinsider.com/united-airlines-emirates-newark-athens-2017-3" target="_blank">United Airlines employees, unions, and members of Congress held a protest</a> at Newark Liberty International Airport in reaction to the launch of a new daily service by Emirates from Newark to Athens, Greece - a route that United flies during the summer. At the same time, a <a href="http://www.openandfairskies.com/wp-content/uploads/2017/03/03.06.17_NJNY-Open-Skies-Letter-Sires.pdf" target="_blank">bipartisan group of 25 members of Congress </a>from the New York and New Jersey wrote the White House asking Trump to block the Newark-Athens flight</p><p><span>"It's crystal clear that the U.S airlines and their employees are looking to President Trump to enforce our international agreements with the trade cheaters of the UAE and Qatar," Jill Zuckman a spokeswoman for the lobbying group representing the US3 on this matter said.<br><br>The ME3, as you might expect, refute all this. They note that US airlines have been bailed out and supported by government spending in the past, and that their own flights into the US are job and growth creators.<br /></br></br></span></p><h2>Manufacturing First<span><br> <div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div></br></span></h2><p>From his early days on the campaign trail, Trump keyed in on the need for America to rebuild its once booming manufacturing sector. Time and time again, candidate Trump and then President Trump vowed to support American made products.</p><p>In fact, the President has personally taken time to praise companies such as Ford, General Motors, United Technologies, and Intel for their decision to maintain manufacturing operations in the US.<br><br>That extends to Boeing. </br></br></p><p>In February, when asked about US airlines' request to block the entrance of Norwegian Air's Irish subsidiary into the domestic market, <a href="https://www.whitehouse.gov/the-press-office/2017/02/07/press-briefing-press-secretary-sean-spicer-272017-9" target="_blank">White House press secretary Sean Spicer replied</a>:</p><p style="padding-left: 30px;">"They're flying Boeing planes. There is a huge economic interest that America has in that deal right now. I don't want to get ahead of the President on that.  But just to be clear, I mean, when you're talking about U.S. jobs, both in terms of the people who are serving those planes and the person who's building those planes. That's a very big difference."</p><p>The difference here is Boeing and its assembly plants in Washington State and South Carolina that produced the 120 737 and 787 jets in Norwegian's Boeing-only fleet. These are the same plants that will build the 100 next generation 737 MAX airliners Norwegian has on order with a list value of more than $11 billion.</p><p>After all, there are few visuals quite as representative of American industrial might than a shiny new Boeing jet.</p><h2>The ME3 are big spenders</h2><p>But Norwegian is small potatoes when compared to the economic might and sheer spending power of the ME3.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div>Take Emirates for instance. The airline is one of Boeing's most important and reliable customers. Emirates' fleet of 160 Boeing 777s is the largest of its kind in the world and worth $45 billion. <br><br>To put things into perspective, if a 737 is the aeronautical equivalent of a $25,000 family sedan, then a 777 is a $100,000 Cadillac Escalade. And Emirates has been buying these "Cadillacs" in bulk with orders for another $86 billion worth of Boeing 777 and next generation 777X airliners.</br></br></p><p>It's not just Emirates. Collectively, the ME3 account for nearly 80% of the 306 777X aircraft Boeing has sold.</p><p>Then there are the engines, which Boeing does not make.<br><br>For Emirates, a larger number of its 777s are powered by General Electric GE90 engines. In 2015, Emirates signed a $16 billion deal with GE to provide maintenance for these engines. Even many of the the non-American aircraft Emirates, Etihad and Qatar fly are powered by American-made engines, built by a Connecticut-based joint venture between GE and Pratt &amp; Whitney called Engine Alliance. <br><br>Put it all together and the three airlines hold more than $150 billion worth of economic power that will keep Boeing's assembly lines rolling for the next decade and beyond. </br></br></br></br></p><p>In spite of the vastness and importance of the airline industry, the Trump administration's focus on manufacturing and that shining image of US industrial supremacy takes precedence. After all, why antagonize some of the most lucrative customers for America's most recognizable industrial export.</p><h2>Trump Dubai</h2><p>It's also worth raising the issue of the The Trump Organization's business interests in the United Arab Emirates. These business dealings have been the subject of great criticism from the President's detractors.</p><p>In February, the President's two sons - Eric and Donald Jr. - presided over the opening of the latest Trump-branded golf course, The Trump International Golf Club Dubai. The course, located a stone's throw away from downtown Dubai, was developed by Trump family friend, billionaire Hussain Sajwani and his Dubai-based DAMAC Properties. According to <a href="http://www.reuters.com/article/us-usa-trump-dubai-golf-idUSKBN15X0OU" target="_blank">Reuters</a>, DAMAC pays the Trump Organisation a licensing fee to use the Trump brand on the facility which features a 30,000 sq. ft. clubhouse, four restaurants, state-of-the-art recreation facilities, and a 7,300 yard, Par 71 golf course designed by Gil Hanse.</p><p>DAMAC is also developing a second Trump branded golf course in the emirate called the Trump World Golf Club Dubai. The second facility will feature an 18-hold championship course designed by Tiger Woods. During 2015 and 2016, DAMAC paid the Trump Organization as much as $10 million, <a href="https://www.bloomberg.com/politics/articles/2017-02-18/first-sons-donald-jr-eric-anoint-plush-trump-dubai-golf-resort" target="_blank">Bloomberg</a> reported. </p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div>The the tiny Emirate of Dubai has blossomed over the past couple of decades under the guidance of its ruler Sheikh Mohammed bin Rashid al Maktoum, and revolves around its government ruled by the House of al Maktoum. <br><br>That includes infrastructure, land, and the blessing for real-estate development - all as part of the ruling family's efforts to brand Dubai as an global hub for trade and commerce - and a the heart of this this international marketing effort is the Dubai's most recognizable and effective branding tool - Emirates and its shining fleet of jumbo jets. <br><br>It's not just Dubai either. Neighboring Abu Dhabi where Etihad is based, and Qatar to the north are doing much of the same - including building hotels and golf courses that might carry the Trump name. <a href="http://www.hoteliermiddleeast.com/23702-exclusive-trump-eyes-uae-ksa-and-qatar-hotels/">According to </a><span><a href="http://www.hoteliermiddleeast.com/23702-exclusive-trump-eyes-uae-ksa-and-qatar-hotels/">Hotelier Middle East</a>, in 2015 Ivanka Trump said the organization is looking at "multiple opportunities" in Abu Dhabi, Qatar and Saudi Arabia."</span></br></br></br></br></p><p>On a practical level, Emirates is also the how the world's golfers will find their way to Trump's Dubai properties. And - according to a passenger on the flight - it's how Eric and Donald Jr. made their way back to New York from Dubai. </p><p><span>It's still early, and entirely possible the White House could take up the concerns raised by American, Delta, and United's concerns. <br><br>If they don't, we have a good idea why. </br></br></span></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/inside-donald-trump-personal-boeing-757-private-jet-2017-1">Check out the Boeing airliner President Donald Trump is trading in for Air Force One</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="8yZGw3OTE6rqL5lvJwtAZaq8cWy4ApI1" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

You Searched For "Tiger Airways" and got 12 results

Hedge-fund pioneer Julian Robertson has died, aged 90. The founder of Tiger Management not only amassed billlions of dollars in assets, his lasting legacy includes a slew of 'Tiger Cub' protégés.

Aaron Weinman

How to use the Chinese herbal solution Tiger Balm to relieve pain

Ashley Laderer,Debra Jaliman

Everything we know about the rollover car crash in which golfer Tiger Woods sustained 'multiple leg injuries'

Lauren Frias

Air Asia Sparked A Price War. The Airline Sector Is Heating Up.

Sulabh Puri

It’s Now Clear: Indigo Wants To Be India’s Largest Airline Player, May Place A Big Aircraft Order In Early 2015

Sulabh Puri

8 things we're looking forward to at the Dubai Airshow this week

Thomas Pallini

11 podcasts that busy venture capitalists and founders say they trust right now

Robin Madell

Virgin takes full control of Tigerair Australia for Aus$1

AFP

A luxury travel company says these are the 10 most extravagant requests it's had from its super-rich customers

Rachel Hosie,Rachel Hosie

10 Things You Need To Know Before The Opening Bell

Mike Bird

Why Do Indians Love Gold?

The Economist

The nastiest feud in the airline business seems tailor made for Donald Trump - but he won't touch it

Benjamin Zhang

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