PlaneFaggin’: Europe/Med

>>20814101 pb

Aussie AF ASY510 C17 Globey departed Rzsesow Airport after load out and mandatory crew rest period as it doesn’t take that long to unload.

It should stop in Dubai for fuel then continue

Oman AF ORF6 A319 headed to London from Muscat, Oman depart and went to Stansted Airport

RCH577 C17 Globey arriving at G’dansk from a Bangor, Maine depart and left McChord yesterday

Czech AF CEF08 A319 WN from Prague depart

Belgian AF BAF86 Falcon 7x departed Malaga, Spain back to Brussels

Saudi Ministry of Finance still at Basel Mulhouse Fribourg Airport from yesterday’s arrival >>20814792 pb

>>20818237

PlaneFaggin’: CONUS Activity

TEFLN21 KC-135 tanker n the Potato “at Wilmington,DL” position as he left after handing out all those medals

His schedule has nothing on it and Pool Call Time is 12:00pm

https://rollcall.com/factbase/biden/calendar/

Looks like 58-003 KC-135 tanker headed to replace TEFLN21 who will go back to Pease ANGB Manchester NH and the other tanker is out of Birmingham, AL Trusswell Airport

SAM573 C32A arrived from Hickam AFB depart about 2h ago this stopped in Sacramento on its way out to Hickam on Weds iirc

VV100 US Navy G5 arrived at Ypsilanti, MI Willow Run Airport about 6h ago also from a Hickam AFB, Oahu depart

N757AF 757 is at PBI from yesterday’s Laguardia depart

Pretty quiet as expected for a Saturday morning

Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion

Berkshire Hathaway

reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.

The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company’s wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier period. That gain was led by a 185% year-on-year increase in insurance underwriting earnings to $2.598 billion from just $911 million. Geico earnings swelled 174% to $1.928 billion from $703 million a year prior. Insurance investment income also swelled 32% to more than $2.5 billion.

Berkshire’s railroad business raked in $1.14 billion in profit, down slightly from the first quarter of 2023. Its energy division saw earnings nearly double to $717 million from $416 million a year prior.

First-quarter net earnings, which include fluctuations from Berkshires stock investments, fell 64% to $12.7 billion. Buffett calls these unrealized investing gains (or losses) each quarter meaningless and misleading, but the unique conglomerate is required to report these numbers based on generally accepted accounting principles. The company’s cash hoard reached a record high of $188.99 billion, up from $167.6 billion in the fourth quarter. That massive holding, well above a CFRA Research estimate of more than $170 billion, points to Buffett’s inability to find a suitable major acquisition target — which he has lamented in recent years.

To be sure, Berkshire did trim its Apple stake by 13%. The iPhone maker remained Berkshire’s largest stock holding, however.

Berkshire also bought back $2.6 billion in stock, up from $2.2 billion in the fourth quarter of 2023.

The report comes ahead the company’s annual shareholder meeting, known as “Woodstock for Capitalists.” Buffett will answer questions from shareholders on everything ranging from the conglomerate’s holdings as well as his thoughts on investing and the economy.

https://www.cnbc.com/2024/05/04/berkshire-hathaway-brka-earnings-q1-2024.html

He keeps having to buy a substantial amount of equity however nothing like his largest holding Apple who just announced a staggering $110b buyback. Everyone’s (normies at least) stonk darling….someone should ask him about his banks involvement in Boy’s Town money laundering back in the day but they won’t

>>20818359

Kek

Take that for later

JASDF JF001Kishidaand JF002 777s departed Asunción, Paraguay and on ground at São Paulo-Andre Franco Toro Intl Airport for muh climate speech

JF001 landed at right about top of hour and JF002 should be on ground by nao (escort)

Kishida sets sights on energy and climate in South America trip

Business leaders from roughly 40 Japanese companies will travel with the delegation to Brazil in a bid to reaffirm national interests in a region with traditionally close ties to Japan and counter China’s growing presence. Almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between Japan and South America in an address to an economic forum in the city of Sao Paulo, Kishida will have a chance to expound on his own vision for the continent in a policy speech in the same city. Sao Paulo, Brazil’s economic and financial center, houses the country’s largest community of Nikkei citizens, the descendants of Japanese migrants who moved to South America in the Japanese diaspora of the early 20th century. As of this year, the Nikkei population in Brazil hovers around 2.7 million.

https://www.japantimes.co.jp/news/2024/05/01/japan/politics/kishida-south-america-trip/

Japanese PM discusses Mercosur FTA with Paraguay's President

Paraguayan President Santiago Peña and Japan's Prime Minister Fumio Kishida met Friday in Asunción to strengthen bilateral ties as well as to further discuss a free trade agreement (FTA) with the Southern Common Market (Mercosur). Peña, who holds the group's rotating presidency, expressed in a statement his “fervent desire” to “move forward with a free trade agreement between Mercosur and Japan.” Japan is said too be particularly interested in food trade and also in countering China’s influence in the region. Paraguay’s strategic alignment with the United States and Taiwan is another reason for Japan’s interest in the country.

The measure would follow suit on a similar FTA signed recently with Singapore and another under negotiation with the United Arab Emirates. “We are determined to integrate into the world hand in hand with our allies and we see Japan as a very important ally,” said Peña.

https://en.mercopress.com/2024/05/04/japanese-pm-discusses-mercosur-fta-with-paraguay-s-president