Update: Transfer station to reopen Thursday

first_imgRestoring power at the transfer station. (Photos courtesy of Rhonda Irish)[Update 9:56 p.m.] – According to Town Manager Rhonda Irish, power has been restored to the transfer station and all equipment is now functioning. Due to the unexpected closure over the past two days, the station will be reopening Thursday, Oct. 18, from 8 a.m. to 2 p.m.The station will then follow the typical Saturday and Sunday schedule.A downed transformer at the Transfer Station in Wilton.WILTON – The town’s transfer station will be closed for the second day Wednesday, as crews continue to repair damage sustained during Tuesday’s high winds.High winds knocked down trees and power lines across the state Tuesday. Several thousand Central Maine Power customers lost power in Franklin County, resulting in closures at MSAD 58 and other schools.In Wilton, the transfer station was particularly hard hit, with power lines and a transformer downed by high winds. According the Town Manager Rhonda Irish, the station will be closed for the second straight day Wednesday, to allow trees and power lines to be removed. Once the clean-up is complete and power is restored, Irish said, the station’s compactor needs to be tested to ensure it wasn’t damaged.The transfer station will reopen Saturday, as scheduled, at the regular hours of 8 a.m. to 2 p.m.Disconnected lines at the transfer station.last_img read more

German government moves to rescue Lufthansa bailout

first_imgThe German government leapt into action Monday to rescue a proposed nine-billion-euro (US$10.1 billion) coronavirus bailout for Lufthansa that has run into resistance from a billionaire shareholder.Economy Minister Peter Altmaier and Finance Minister Olaf Scholz met for crunch talks with Lufthansa representatives and rail industry tycoon Heinz Hermann Thiele, the company’s top shareholder whose scepticism could torpedo the deal.The clock is ticking as Lufthansa shareholders are voting Thursday on the rescue plan, which would see Berlin take a 20-percent stake in the company. Like rival airlines, Lufthansa was plunged into crisis after efforts to contain the coronavirus pandemic brought air travel to a near standstill for several months, with the recovery expected to be slow.The group is fast running out of cash and has grown increasingly nervous as the extraordinary general meeting draws closer.With shareholders representing just 38 percent of Lufthansa’s capital registered to participate in the meeting, two-thirds backing will be needed to approve the plan rather than a simple majority if turnout were higher.In a letter to employees on Sunday, Lufthansa CEO Carsten Spohr said the company had made “extensive preparations” should the deal fall through.Job fearsGerman billionaire Thiele has in recent weeks built up a 15-percent stake in Lufthansa, making him the group’s largest single shareholder.Thiele told the Frankfurter Allgemeine Zeitung daily last week that “not all the possibilities were exhausted” in bosses’ talks with Berlin.Thiele in particular objects to the state taking a stake in Lufthansa, and has pointed out that Air France-KLM received state aid in the form of loans rather than government shareholdings.If shareholders reject the rescue package, the Lufthansa group – which also includes Swiss, Austrian and Brussels Airlines – could be forced to launch insolvency proceedings.In his letter, Spohr said Lufthansa would continue to “discuss options with the government” until the very last moment and vowed to do everything necessary to avoid grounding the fleet again.”Our goal of course remains to avoid insolvency and all its consequences,” Spohr wrote, adding that he felt a great responsibility towards Lufthansa’s 138,000 employees.To ease some of the uncertainty, Spohr said Lufthansa was taking the unprecedented step of paying employees their June salaries several days early.Even if the bailout is approved, Lufthansa has warned it may have to cut around 22,000 full-time jobs as travel demand is expected to stay below pre-pandemic levels for years.Germany’s powerful Verdi union on Monday urged shareholders to back the government rescue, warning that bankruptcy proceedings could destroy the public’s trust in Lufthansa.”With the help of the state, jobs can be saved and incomes protected,” said Verdi vice president Christine Behle.Shares in Lufthansa closed 3.2 percent lower at 9.85 euros Monday, the first day the firm was trading on the mid-sized MDax index after coronavirus-related losses edged it out of the prestigious DAX 30.Topics : Speaking to reporters in Berlin after the meeting, Scholz said it had been “a friendly discussion”.He said the suggested bailout was a “good, carefully considered proposal” that had already won the backing of Lufthansa’s supervisory board and the European Commission.”I think that will also play a role in the shareholders’ assessment,” Scholz said.Altmaier separately told reporters that the bailout “could help save tens of thousands of jobs and support Lufthansa through these difficult times”.last_img read more