Fagernes The New Audi A3 Investor Behaviour ORIS - Watches North Flying - INFLIGHT MAGAZINE NO. 24
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INFLIGHT MAGAZINE · NO. 24 Fagernes The New Audi A3 Investor Behaviour ORIS – Watches North Flying
Danish
modern 2.0 Papilio lysestage Kontra frugt-/salatskål Aztec bestik
www.stelton.dk af Klaus Rath kr. 599,95 af Maria Berntsen kr. 999,95 af Don Wallance fra kr. 74,95
NYHED Papilio Uno
Kr. 199,95
af Klaus Rath
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Kontra NYHED
Termokande
af Troels Siedenfaden
Kr. 1.399,95
w
David Beckham. A global icon who insists on perfection. Precision and style. A legend forged by accomplishments.
On his wrist is the Breitling Transocean Chronograph Unitime, the ultimate traveler’s watch. Manufacture Breitling
Caliber B05, officially chronometer-certified by the COSC, endorsed by a 5-year Breitling warranty. High-performance
selfwinding chronograph. Universal time function enabling permanent readings of the time in all 24 timezones
thanks to a patented mechanism and an ultra-user-friendly crown-operated correction system. Comfort and elegance
for first-class travelers. Signed Breitling.
W O R L D C L A S S T R AV E L E R S
77.000.- Suggested retail price
NORTH FLYING A/S
Inflight
Have a pleasant journey
Aalborg Lufthavn
DK-9400 Nørresundby
Phone 24H: +45 9632 2900
Fax: +45 9632 2909
E-mail: info@northflying.com
www.northflying.com
EDITOR IN CHIEF
Jan Ege Schmidt Whistler/Blackcomb:
Responsible under Danish press law A real alternative
19
to the Alps?
ADVERTISEMENT
AND PRODUCTION
Media Link
Postboks 349
6330 Padborg
Phone: +45 2247 1242 Ørland:
E-mail: jan@media-link.nu culture centre
by the sea
PHOTO FRONT PAGE
North Flying Private Jet - Lunch
45
Audi Aalborg:
North Flying Inflight Magazine is
oris: the new audi A3
distributed three times a year by
Big Crown Pilot Watch and Audi Q5
23
North Flying. All rights reserved.
Opinions expressed in this publication
are those of the authors or persons
interviewed and do not necessarily
reflect the views of the editors.
33
9 welcome to North Flying
North Flying Inflight Magazine does 15 Exclusive business VIP flights with North Flying
not consider unsolicited manuscripts. 19 Whistler/Blackcomb: A real alternative to the Alps?
Photographs and illustrations are 23 Audi Aalborg: the new audi A3 and Audi Q5
submitted at the owner´s risk. 29 Stonehenge: investor behaviour
33 oris: Big Crown Pilot Watch – A Tribute to Aviation History
North Flying Inflight Magazine 36 Skagens Museum: Marie Krøyer – it takes courage to have talent
accepts no liability for loss of, 38 visit aalborg: High scale renovation
og damage to, such material. 40 Dantax: En reise i musikkens tjeneste
42 Fagernes Airport
45 Ørland: culture centre by the sea
48 welcome to valdres
8 | Inflight Magazine no. 24
Dear Passenger
At North Flying we focus on confidence, Also read the History of North Flying. The crew – and please feel free to take the maga-
safety, efficiency, precision, and also the company to which we are all dedicated, zine with you. Enjoy the reading – and have a
pleasant sides of life. This is why we have about our planes, our special inflight service pleasant journey.
chosen articles about some of the things and about all the things our whole organiza-
which sweeten life: special wines, excellent tion does to make your trip perfect.
whisky, stories about exciting people,
interesting food, and new angles on well- Should you have any questions or comments Per Wistisen
known destinations. concerning our magazine, please talk to our M. D.
Inflight Magazine no. 24 | 9
The History of North Flying
Everything great starts out small
One small plane on a grass runway in The backbone of North Flying A/S today is to offer precise, comfortable, safe and indivi
Western Jutland was the start of Nordfly in a modern fleet, numbering 7 Jets and 3 dually tailored travel solutions of the highest
1963. 7 years later the company took over Metroliners. Each member of the fleet is a class.
Aalborg Flying Center, moved to Aalborg specialized machine, designated for its indi-
and changed its name to North Flying. vidual tasks. This is the foundation on which North F lying
A/S is building its continued expansion. The
In 1994 North Flying merged with Nordic North Flying is managed, run by and cared most reliable planes, best trained pilots,
Air and became the largest General Aviation by its dedicated, highly motivated staff at extensive service facilities for the planes, and
company in Denmark. By taking over Aalborg Aalborg and Kastrup Airports. From the pi- the most modern general facilities are all very
Airtaxi in 1996 and Falck Air in 1998, Scandi- lots to service specialists and administration, strong tools, with which we are ready to meet
navia’s largest airtaxi company was formed. each person is part of the common mission: the challenges of the future.
North Flying base at Aalborg Airport.
10 | Inflight Magazine no. 24North Flying master all areas
Anywhere. Anytime. Service 24-7
VIP Flights
Our VIP flights are of true first-class stand-
ard. On board North Flying’s exclusive busi-
ness jets our VIP passengers experience
the highest level of comfort, efficiency and
service. Everything is planned and executed
with a professional eye for every little detail
An example of catering from one of our suppliers
before, during and after the journey.
Charter
North Flying’s charter flights offer the perfect
solution for groups travelling to conferences,
De Luxe catering, London.
trade fairs, visiting customers or suppliers
abroad. Chartering a plane is almost always a
time-saving, economical and suitable choice
for groups of up to 19 persons. With a charter
plane you can fly directly to your destination
and back at times that suit you.
Cargo
With a fleet of 3 large Metroliners we are also
well equipped for cargo flight. Our Metros
can accommodate almost any type of cargo,
which can be delivered quickly and safely to
almost any destination. No matter what you
need to move at speed, North Flying Cargo is
the right partner.
Ambulance flight
Specially equipped and certified for ambu-
lance flying, North Flying’s modern jets offer a
fast and efficient solution when acute ambu
lance flights are needed. With their long range
and speed, our jets operate everywhere, trans
porting patients and doctors safely and in
comfort even from one continent to the next.
Aircraft Management
A partnership between you as a private air-
craft owner and North Flying’s professional
expertise, giving you the very best of two
worlds: an aircraft available when required
and the cost offset earned by adding your air-
craft to our fleet, when otherwise idle.
Inflight Magazine no. 24 | 11Elizabeth R North East Land LAPTEV SEA
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Totally independent and mobile
CLAIMED BY ARGENTINA CLAIMED BY ARGENTINA
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North Flying travel all over the world – and n
where you want to travel to and when, and Last longdistance flight in
there is hardly any airport where we cannot we take care of all the rest. This is a precise July 2010 from Copenhagen to
land safely, comfortably and precisely. This and geographical reality. From Denmark our Shanghai in Learjet35A :
is the whole secret behind our success. We operations have spread all over the world.
are totally independent and mobile, and we Today we land regularly in practically all
have only one goal in mind, to make the European airports, and very often we fly to
right decisions for our customers. You tell us even the farthest continents. Our pilots are
at home everywhere. The world is becom- On arrival into
Yekaterinburg
ing smaller. Airport, Russia
for 1st fuelstop.
As the internet and other modern means of
communication break the global borders,
so does North Flying. At the end it is just Waiting for
another side of the same coin, to ease the fuel uplift in
Ulaanbaatar,
communication between people across any Mongolia
border or culture, and to forge valuable links for 2nd fuel-
stop.
around the globe.
We hope that you will experience this feel-
ing when you take a seat in one of our air-
crafts to conquer the world – and this feel- Learjet35A
on apron in
ing of freedom of travel is the single most Shanghai
Mountain-top , north Norway. important factor behind our company. airport.
12 | Inflight Magazine no. 24Aircraft Fleet
Citation VII Citation III
Passengers: 7 Passengers: 8
Toilet: ✓ Toilet: ✓
Bar: Citation VII
✓ Citation III
Bar: ✓
Cruisespeed (k.p.h.): 850 Cruisespeed (k.p.h.): 850
Max. range (km)Passengers3700 7 Passengers
Max. range (km) 8 (9) 3700
Toilet: ✓ Toilet: ✓
Operating altitude (km) 13 Operating altitude (km) 13 DVD
Bar: ✓ Bar: ✓ Hi-Fi Wardrobe
Crew: 2 Crew: 2
Luggage
Cruisespeed (k.p.h.): 850 Cruisespeed (k.p.h.): 850 Galley
Number of aircraft 1
Max range (km) 3700 Max Number
range (km)of aircraft
3700 2
Operating altitude (km) 13 Operating altitude (km) 13
Crew: 2 DVD
Hi-Fi
Galley Wardrobe Crew: 2 DVD
Hi-Fi Wardrobe
Luggage
Luggage
Number of aircraft 1 Galley
Number of aircraft 3 Galley
DVD
Hi-Fi Wardrobe
Luggage
Galley
Citation III Learjet 35
Passengers: 8 Passengers: 6 (7)
Toilet: ✓ Toilet: ✓
Bar: ✓ Bar: ✓
Cruisespeed (k.p.h.): 850 Cruisespeed (k.p.h.): 850
Max. range (km) Learjet 35
3700 Citation II
Max. range (km) 4100
Operating altitude (km) 13 Operating altitude (km) 13
Crew: Passengers 2 6 (7) Crew:
Passengers 8 (9) 2
Toilet:
Number of aircraft 2 ✓ Toilet: ✓
Bar: ✓ Bar:
Number of aircraft✓ 1
Cruisespeed (k.p.h.): 850 Cruisespeed (k.p.h.): 650
Max range (km) 4100 Max range (km) 2750
Operating altitude (km) 13 Operating altitude (km) 10
Crew: 2 Crew: 2
Number of aircraft 1 Number of aircraft 1
Citation II Citation I
Passengers: 8 (9) Passengers: 6 (7)
Toilet: ✓ Toilet: ✓
Bar: ✓ Bar: ✓
Cruisespeed (k.p.h.): 650 Cruisespeed (k.p.h.): 650
Max. range (km) Fairchild Metro 23
2750
Operating altitude (km) 10 ANYWHERE · ANYTIME
Max. range (km) 1500
Operating altitude (km) 10
Crew: Passengers 2 19 Crew: 2
Toilet:
Number of aircraft
Bar:
1 ✓
✓
Cruisespeed (k.p.h.): 550
24HOURS
Number of aircraft 1
+45 96 32 29 00
Max range (km) 3350
Operating altitude (km) 7
Crew: 2
Number of aircraft 3
Fairchild Metro 23 Fairchild Metro III
Passengers: 19 Passengers: 18
Toilet: ✓ Toilet: ✓
Bar: ✓ Bar: ✓
Cruisespeed (k.p.h.): 550 Cruisespeed (k.p.h.): 500
Max. range (km) 3350 Max. range (km) 3150
Operating altitude (km) 7 Operating altitude (km) 6
Inflight Magazine no. 24 | 13
Crew: 2 Crew: 2Ruths Hotel har året rundt en række spændende arrangementer
og gode tilbud. Find det hele på ruths-hotel.dk
Hvem skal lave maden til
din næste konference?
( Vores forslag: Michel Michaud )
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Ruths Hotel, Strandhotellet og Redningshuset helt tæt på. Her er højt til himlen – og masser
er ideelle faciliteter, når virksomheden skal af plads til uforstyrret at lade tanker og ideer
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Vi bor fredeligt lige midt i Gl. Skagen med ud-
sigt til skøn natur og spændende oplevelser
RUTHS HOTEL · Hans Ruths Vej 1 · Gl. Skagen · DK-9990 Skagen · Telefon +45 9844 1124 · Telefax +45 9845 0875 · info@ruths-hotel.dk · www.ruths-hotel.dkExclusive business VIP flights
with North Flying
The best way to get rid of temptation is to give in to it. A trip begins at Copenhagen Airport where
we go straight to a special VIP check-in
growing number of business travellers consider Business counter, fast-tracking the usual queues.
After check-in, we can relax in a special VIP
VIP flights a tempting alternative to ordinary scheduled lounge with all amenities, including Inter-
net access and refreshments like coffee, tea,
flights – so why not give in to the temptation and treat wine, beer, or drinks. The usual travel stress,
which normally sets in at the outset of a
yourself to a completely different flying experience? journey, has already now settled to a more
comfortable level, as we begin to sense
what VIP flying is all about.
We let ourselves be inspired and decided The trip is booked via North Flying’s sales
to try North Flying, a leading Scandinavian and operations department, which takes When the agreed time of departure draws
provider of business VIP flights. North Fly- care of everything in relation to the flight, close, we are escorted through the airport
ing’s business jet will take the customers including transportation, hotel accommo- and all the way to our private jet by North
straight to their chosen destination in any dation, etc. Flying’s ground staff. Here, the captain and
part of the world. To customers with par- his crew welcome us on board, take care of
ticular requirements on flexibility, timing, We are going to Amsterdam, where three our luggage and show us to our seats in the
and comfort, business VIP flights are often of our company’s key staff members are business jet. After this pleasant reception,
the preferred solution. required to attend a business meeting. The the crew go through the many exclusive
Inflight Magazine no. 24 | 15and delightful facilities available on board to avoid the usual “stressed out bunch” – on The flight back to Copenhagen was char-
“your private jet plane”. This includes adjust- the ground as well as in the air. Instead, we acterised by the exact same high level of
ing the magnificent leather seats – pure have relaxed in the comfort of our seats, service and punctuality.
armchair comfort, where the back and read the newspaper, enjoyed the delicious
seat offer a lovely sense of relaxation – and food and prepared for our meeting. In other Overall, this was quite a unique flying and
setting the audiovisual appliances to our words, just what we needed to arrive at our service experience – over and above any
individual needs. The cabin has a lavishly meeting, well-rested and in a good and 1st class flight. The comfort on board is of a
luxurious interior with leather padding and orderly fashion. very high class, as is the catering, and each
palisander closets and tables. passenger is thoroughly pampered. The
At the destination airport, we are again flexibility is in a class of its own – “border-
Together with the captain, we have escorted by special handling agent for less” in every sense of the word. If needed,
reviewed today’s flight and time schedule private flights who are, of course, ready to the business jet can also land at smaller
and are now ready for take-off, waiting assist us with any required further transpor- airports closer to your activity venue. These
comfortably in our seats. After a short climb, tation. We arrive at our meeting, well-rested do not accommodate ordinary commer-
we are served a delicious lunch – naturally and looking forward to the promise of an cial airplanes, which will therefore require
the VIP catering on board is up to gourmet equally pleasant flight home. additional transportation. We did not need
standards. Not only is the lunch over and it this time, but we will certainly keep it in
above the usual flight standards, we are After the end of the meeting, we simply call mind for future trips.
also presented with a Wine and Bar list the captain on his mobile phone an hour
on which we can choose from the plane’s before the desired departure time for our In other words, flying with a privately
selection of exclusive wines. flight home. This is a truly amazing flexibility chartered business jet will give you so
to have when you are away on a business many benefits that you just don’t get with a
The flight to Amsterdam is an effortless, el- trip, and we were able to plan our activities standard scheduled flight at a much more
egant sweep without a hint of stress – after without being tied to a fixed schedule in competitive price than you imagine.
all, comfort is king here. We have managed order to catch a plane.
16 | Inflight Magazine no. 24mlindberg 1801 · PATENTED
General agent: PRODUCT LINE AS · T: +47 33 38 2330
Whistler/
Blackcomb
A real alternative to the Alps?
A trip to the Alps, or 14 hours west to British Columbia - way The lift pass is twice as expensive as in the
Alps, but in return you will experience no
out at the Pacific Ocean? For most Danish skiers, the ques- lift queues.
tion is purely theoretical. Please think for a second time? In Whistler / Blackcomb you ski from “wall
to wall”, called the “Atrium Theatre” by the
locals. You are free to find your own down-
By Nicolai Lassen to France. In 2010 Whistler / Blackcomb was pipes, your own level of difficulty at your
co-host at the Winter Olympics, that means own pace. When you finally hits the forest
Is it the 20 hours travel time, which is the lots of great deals on accommodation. boundary from above, you experience lots
stop block? How many Danish ski tourists What an accommodation? Forget the Alps of little trails, laid out as a network of criss-
are not racing up and down the autobahns “1 star butts places”, be prepared for big and cross. Equally fun it is to run these endless
for 20 and maybe even more hours to go beautiful accommodations. You are at a risk small forest trails, just as surpriced you will
skiing? With the travel companies “flights & for getting lost in your apartment, so great be when another skier “jumps” like a tiny
bus trips” south, it often takes more than 12 is the general accommodation. The nearest troll out between the trees. The whole area
to 15 hours before arrival at the ski destina- ski lift only 300 meters away. is built up with respect for ecology and the
tion. area’s permanent residents, from the winter
Food, eating and the nightlife are cheap sleeping bears, birds and fish.
Is the price a barrier? Now, ski tourism has compared to what you face in the Alps. Do
always been an expensive type of vacation, you want to eat at home, there are all shop- As a newbie, you must not go to Whistler
so “No” our travel accounts show that it is ping facilities. Will you eat out, you have the / Blackcomb, opposite if the kids are safe
not more expensive than the traditional trip options to try around the world culinary. skiing, there are extreme new learning op-
Inflight Magazine no. 24 | 19portunities. At the wildest mountain sides, Lunch options are gathered in large units, For further information:
groups of 5 to 6 year olds are observed with here is catered for all tastes - and faiths. www.whistlerblackcomb.com
their ski instructors on the way down the From Sushi to solid Canadian burgers - and
hillside. It looks wildly out, but the kids – in high quality, served with a smile and
and ski instructors – look quite comfortable. service.
If there still is a little economic surplus of Forget your carving skis at home, with all
the plastic card, do not miss a heliskiing the new snow, they are useless in Whistler /
experience. The alternative is the new “Peak Blackcomb. Rent a set of “power snow” ski.
to Peak” lift, a 11 minutes long cable ride, They are wide, has a huge carrying capacity,
that takes you from Whistler mountain top so you surf on top of the fine new snow. It
onto Blackcomb mountain top. Along the is simply free play – for children and adults.
way you will witness several world records.
Maximum cabin above the ground, 436 So the question in the title has one clear
meters at its highest and longest free span answer : Yes, Whistler / Blackcomb is a very
of more than 3 km between the tower and real alternative to the Alps. We will certainly
the tower. Records or not, it is an unforget- be back very soon.
table trip with the finest views.
20 | Inflight Magazine no. 24Den nye
BMW 6-serie
Gran Coupe
www.bmw.dk Ren køreglæde
SKØNHED KOMMER INDEFRA.
Vi ved det godt. Overskriften er tæt på at være en kliché. Og superlativer som smuk, elegant, æstetisk, sportslig,
dynamisk og innovativ er ved at være slidt op, når vi taler om BMW. Men den nye BMW 6-serie Gran Coupé tilhører
bare en kategori for sig selv, der kalder på de helt store ord. Det gælder alt fra de på én gang rå og civiliserede
hestekræfter, de fuldstændig forførende linier, en helt igennem uforlignelig køreoplevelse og et interiørdesign,
der efterlader en åndeløs følelse af at være ombord på en luksusyacht. Og selvom om De måske godt kan nøjes
med mindre end en 450 hk V8 twinturbo motor, vil De under alle omstændigheder forbløffes over, at så meget
nydelse og ydelse fås med klassens mest beskedne brændstofforbrug.
Læs mere om den nye BMW 6-serie Gran Coupé på www.bmw.dk.
NY BMW 6-SERIE GRAN COUPE.
Ny BMW 6-serie Gran Coupé fra 1.608.000 kr. Forbrug 13 km/l, CO2-udledning 179 g/km, 320 hk. Leveringsomkostninger 3.680 kr.Mo
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eurocard.dkAudi
Aalborg
Audi is a brand which is rich in tradition and has a history Branch manager Jan Aarup-Jensen has
been in charge of Audi since 1 January
that stretches back over 100 years. 2012, although he has been with the
organisation since 1996. His most impor-
tant task is to work together with his staff
Skandinavisk Motor Co. has been respon- as the Audi A3, the Audi Q5 and the Audi to inspire Audi customers by ensuring that
sible for the import of the brand with the RS 4 Avant. they receive the right Audi experience at
four rings since 1975, and the brand has all points of contact. This includes every-
developed rapidly since then. Today, Audi Audi models are sold through an exclusive thing from the purchase of a new Audi to
has an excellent image and an attractive dealer network, consisting of eight Audi day-to-day contact and discussions with
model programme. dealers across the country. Vehicles are customers about service, maintenance and
serviced at 30 authorised Audi service purchase of accessories.
Audi is the leading brand in the so-called partners.
premium segment of the Danish market, Audi Aalborg has been part of Semler Retail
ahead of its main competitors, BMW and Audi Aalborg, with its premises on Ny since 1 July 2012 and, due to the exclusive
Mercedes. This is largely due to an extensive Kærvej, is the country’s northernmost strategy, customers always meet dedicated
model programme with new models such Audi dealer with 15 dedicated employees. and competent staff who focus solely on
Inflight Magazine no. 24 | 23Audi. Our staff work together across depart- Vorsprung durch Technik
ments, ensuring that customer satisfaction ‘Vorsprung durch Technik’ is Audis pay-off
is always of the utmost importance. The and builds on three platforms: Audi ultra
Audi team consists of specialists who know (light-weight structures), Audi e-tron (ef-
all there is to know about Audi’s models ficiency) and Audi connect (interaction via
and accessories, and who are always ready the Net). Vorsprung durch Technik is also
to provide the best service. In addition to all Audi’s DNA and, thus, the common thread
of the new Audi models, the business has that runs through all Audi activities.
a large selection of the latest second-hand
Audis - currently around 80 vehicles - so The dedicated staff at Audi Aalborg are look-
there is something for every taste and all ing forward to meeting you and ensuring
needs. that you receive the right Audi experience.
The new Audi A3
The exterior of the new Audi A3 with variable headlight range control. The touch-sensitive control panel integrated in
More strikingly ahead exterior mirrors are set on the door rails like the rotary/push-button control for intuitive
What would it be like if technology could on sports cars. operation. It offers you a new and intel-
be operated intuitively? If purist design ligent way of controlling the navigation and
were to encounter innovative functionality? The interior of the new Audi A3 telephone functions by “writing” letters or
If sportiness and progress were to become More progressively ahead numbers on the control panel with your
one? Unmistakeably an Audi – and yet it feels finger. The slim 7-inch colour display, which
different. Lighter. Clearer. More forward- pops up electrically, presents all the infor-
We have found the answer: with the new looking. Its interior combines aesthetics mation in a new look and impressive clarity.
Audi A3. Its design speaks a unique lan- with intuitive functionality. The cockpit of
guage; its dynamism is impressive on every the new Audi A3 is captivating at first sight TFSI® in the new Audi A3
trip. Experience our lead in a vehicle that is thanks to its clear layout and ergonomics. More efficiently ahead
way ahead of the rest. The new Audi A3. In FSI® technology, the fuel is injected
More attractively ahead directly into the combustion chamber and
More handsomely ahead High quality and innovative design can be atomised into a fine spray. This way, the fuel
The shape of the new Audi A3 is flatter, found in every detail. The horizontal instru- – metered to almost droplet precision – can
more masculine and more dynamic. The ment panel architecture emphasises the be called upon the millisecond that the
slim side is defined by the striking undercut size of the interior, 3D inlays seem to em- engine requires it. This can contribute to
Tornado line along the edge of the window brace the driver. The air vents in jet design better use of the fuel and thus to reduced
and the dynamic line above the sills. Taut, set further stylish trends. Their air flow can fuel consumption.
sculptural areas where light and lines meet vary from a concentrated stream of air to
give the A3 a compact and muscular look. an even air distribution, with intensity also The Audi A3 employs TFSI technology. This
The coupé-like roof contour emphasises variable. The optional deluxe automatic air combines the advantages of FSI – efficiency
its sportiness, the powerful rear gives it a conditioning in black panel look connects and dynamism – with a turbocharger,
confident stance despite its lightness. the floating cockpit to the centre console. which ensures even better power delivery.
Fine leather sports seats are available on The 1.4 TFSI engine with 90 kW will get you
Sportier ahead request, and further highlight the high- economically yet powerfully to your desti-
The narrow headlights give the Audi A3 quality appearance of the interior. nation. Its lightweight aluminium engine
a determined, concentrated look. They block saves weight – so you save fuel.
are optionally available as xenon plus More intuitively ahead The 1.8 TFSI engine with 132 kW works with
headlights with LED daytime running light The central control unit: the optional the Audi valvelift system and intelligent
strip and with a choice of adaptive light MMI® navigation plus with MMI touch* – a thermal management. More torque is gen-
24 | Inflight Magazine no. 24erated at low engine speed by switching All these measures reduce consumption, powered race car, the Audi R10 TDI – and
between two exhaust cam contours – and particularly with a sporty driving style. It then went on to repeat this victory several
you feel the effect directly. The engine goes without saying that both engines times over, most recently in 2011.
reacts more quickly and accelerates with S comply with the EU5 emission standard.
tronic in 7.2 seconds from 0 to 100 km/h. The Audi A3 features a 2.0 TDI engine
The Audi valvelift system also saves fuel and TDI® in the new Audi A3 with 110 kW that will leave you enthralled
reduces CO2 emissions. In addition to fuel In other words: Where is the tank? not only by its engine power but by
direct injection, the 1.8 TFSI uses indirect One in every two Audi cars sold today is a its efficiency as well. The common rail
injection, which makes the part load range diesel. What sounds perfectly normal now injection system has four injectors and is
even more efficient. was cause for huge excitement 20 years characterised by an excellent balance of
ago, when Audi revolutionised the market performance, driving comfort and engine
The turbo chargers of both engines have an with the first 2.5 litre TDI engine. Develop- acoustics. The 2.0 TDI engine also has an
electric wastegate actuator which regulates ments in technology such as common rail extremely powerful thermal management
the charging pressure particularly quickly technology have since made TDI more and system. Its two balancer shafts are now
and precisely. In addition, the exhaust more efficient. The injectors ensure the fuel directly integrated in the crankcase, improv-
manifold has been integrated in the water- is finely and precisely distributed. ing the running smoothness even further.
cooled cylinder head, reducing the exhaust It reaches its maximum torque of 320 Nm
gas temperature. Consequently, since the first TDI, the at 1,750 rpm, and you reach 100 km/h in
engines have become more economical, just 8.6 seconds. The engine with manual
whilst specific output has increased. That’s transmission consumes an average of 4.1
why it was only logical for a diesel to enter l/100 km and emits only 106 g CO2/km
the world of motorsport. And successfully (combined value). The TDI engine complies
Consumption and emission values: too: in 2006, Audi was the first car maker to with the EU5 emission standard.
– Fuel consumption, combined: win the Le Mans 24 Hours with a diesel-
5.6–5.2 l/100 km
– CO2 emission, combined:
130–120 g/km
Inflight Magazine no. 24 | 25The new Audi Q5
Sporty and versatile
The new Audi Q5 combines the dynamism meters (5.41 feet) high – making it sportier – made from aluminum just like the hood –
of a sports sedan with highly variable than any of its competitors. What’s more, clearly identifies this SUV as a relative of its
interior and versatile options for leisure- this SUV sets another benchmark in its class older brother, the Audi Q7. The taillights are
time and family use. Strong and efficient with a low drag coefficient of 0.33. available in eye-catching LED technology
engines, quattro permanent all-wheel drive as well.
and agile running gear have been brought With its sporty elegance and artfully
together to create a superior technology sculpted forms, the design of the Q5 is Audi offers three different options for the
package for both on- and off-road driving. perfectly in tune with the character of Audi external trim of the Q5 – black (standard),
Highlights such as the innovative seven- as a brand. The front end is dominated by contrasting color or full paint finish in the
speed S tronic dual-clutch transmission and expressive headlights on both sides of the color of the car. Two body packages are
the Audi drive select control system are large single-frame grille; on request, they available as well. The S line exterior pack-
proof of Audi’s Vorsprung durch Technik. can be outfitted with bi-xenon lamps and age imparts a decidedly sporty look to the
The sportiest SUV in its class is dynamic, LED daytime running lights. Viewed from performance SUV, while the alternative
multifunctional and comfortable. the side, the large wheels and rising edges off-road style package with underbody pro-
are especially prominent features. tection in the front and back and 19-inch
The dimensions alone indicate that this is a wheels gives this SUV a robust flair.
SUV of all-new proportions. Measuring 4.63 Crowned by a railing, the elegant slope of
meters (15.19 feet) long and 1.88 meters the roof underscores the slim, coupe-like For further information:
(6.17 feet) wide, the Audi Q5 is just 1.65 styling. At the rear, the wraparound tailgate www.audi.dk
26 | Inflight Magazine no. 24real watches for real people
Oris Big Crown X1 Calculator
Automatic mechanical movement
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Behaviour
This article highlights some of our findings regarding other made a fair value calculation of the com-
pany reflecting a situation of NOVO being
players in the financial markets – be it share market advisors the subject of a friendly takeover by a third
party.
or private customers, the latter of which we will just call in-
When investing in shares, you actually buy
vestors for the purposes of this article. a tiny portion of a business with many em-
ployees and actual turnover and profits. It
is therefore an amount of risk capital that
In our capacity as market advisors having vided that NOVO succeeds in utilizing their you place in a small part of the share capi-
had talks with many a customer over a num- insulin products for the treatment of obesity tal of the relevant business. That is why you
ber of years, we know that these investors – suppose, suppose and touch wood and so should make your mind up as to whether
are frequently prone to buying and selling on. Having said that, we are not arguing that the company is worthy of receiving some of
shares with their hearts – thus leaving their NOVO is a bad investment, but at Stone- your money – whether it will take good care
investment decisions in the control of their henge we have calculated a fair value of the of your money or it will waste the capital put
feelings. We don’t blame investors for hav- company and established a clear view that at its disposal by the shareholders.
ing feelings, but precious few take the time DKK 1390 per share is a fair value. Therefore
to calculate what they have actually bought we bought NOVO shares some time ago, That is what we call investing on the basis
when buying NOVO at a price of 950 per and NOVO has been a part of our portfolio of financial analyses of businesses showing
share. for the past couple of years. stable earnings. Other market players treat
their clients according to a wish of continu-
The “normal” investor argues that NOVO is a Our point is that most investors don’t make ously turning over the client’s money in the
healthy business with a much needed prod- such calculation, but buy NOVO shares with share market. This is called speculation, and
uct for which demand will rise steeply, pro- their hearts or feelings whereas we have we do not engage in that.
Inflight Magazine no. 24 | 29Mark Twain once said that there are two ing for a return of the price to 100 or selling more speculators will be attracted and buy
times in a man’s life when he should not the shares at 75 or less if the price appears at even higher prices based on sheer guess-
speculate – when he can’t afford it, and to stay low or keep falling. Hence, we often ing – which means that the latter are even
when he can. see that investors prefer to buy more shares more foolish than the former.
on an upward rather than downward trend.
And we do agree. The share market is not a Rising prices has made their initial purchase There is the old story about speculation
marketplace for speculators; however, their look like a success and they want it to grow. from Monterey, California, which Seth Klar-
presence distorts the price formation mak- man puts this way:
ing way for value investors like us to find We think there are two explanations for this: When the sardines disappeared from their
cheap shares to buy for our customer port- – Firstly, most investors have not made a fair traditional waters in Monterey, the com-
folios. value calculation of the share and are there- modity traders bid them up and the price
fore not comfortable with taking yet an- of a can of sardines soared. One day a buyer
Investors don’t always like to buy shares in other decision if – with prices having fallen – decided to treat himself to an expensive
the market when share prices are dropping. the first investment decision proved wrong. meal and actually opened a can and started
With falling share prices, most investors feel eating. He immediately became ill and told
unsure whether the good times will be back – Secondly, investors are at odds with relat- the seller the sardines were no good. The
and share prices will start rising again. An ing to the price of a company’s shares. They seller said, ‘You don’t understand. These are
investor has just bought at the price of 100 find it hard to understand what a price of 21 not eating sardines, they are trading sar-
per share, when the price slumps to 75. No for one Facebook share means – it sounds dines.’
new statements have been issued by the cheap and at any rate cheaper than an Ap-
company, so they must be doing business ple share at 630. After many years’ experience with the “mar-
as usual. Therefore, it is now actually possible ket”, you can thus tell the difference be-
to supplement the good bargain at 100 with If this type of investor were to buy a new tween successful investors and unsuccess-
yet another portion of shares at the price HUGO BOSS suit and he finds it reduced in ful speculators by the way the successful
of 75. The first investment decision at 100, a sale at half price (normally 4,995, now: buy investor tends to let his or her investment
however, proved to generate a loss which one, get one free!), he would make a quick de- decisions be based on objective analyses of
would make most investors react by wait- cision to buy at half price, because he is well the businesses he or she invests in, while the
aware of the price of a suit of that quality. speculator is frequently driven by a fashion –
And he will even get an extra suit. Most peo- windmills are environmentally friendly – and
ple find it easier to rate a suit than a share. becomes an easy victim of so-called profes-
sional investment advisors. The unsuccessful
No consumer would ever dream of buying specular often succumbs to feelings letting
the suit after a price increase – but that is ac- fear of more losses or the craving for bigger
tually what investors do when buying shares gains impact his decisions.
at rising prices.
As value investors, we only trust our own
The share market can be roughly divided analyses and make our investment deci-
into investors and speculators, but it is fre- sions on the basis of a number of clearly
quently difficult to distinguish between the defined principles guiding us towards busi-
two types. The market is swarming with in- nesses with stable earnings and a low debt
vestment advisors who know all there is to ratio. We make a fair value calculation, and
know about investing. Professionals as they we buy these shares if we can obtain them
are, they survey the market on a permanent at a discount compared to the value we esti-
basis and should know what is happening mated. And we keep away from certain sec-
and what is going to happen. We claim that tors where we find it difficult to get proper
nobody can do that, but anyone can invest insight into how earnings are made and
using his or her common sense and making how to rate the value of a company.
some sound choices by investing in busi-
nesses that he or she understands – and We have chosen to be extra careful when
at a fair price. Speculators tend to sit alone taking care of other people’s money.
guessing which businesses will do well
for the next couple of years hoping that a For further information:
speculator will buy their shares and that www.stonehenge.dk
30 | Inflight Magazine no. 24Private banking-kunde
Carsten schjøth
Formuerådgiver
i Sydbank
jakob Borrits marcussen
Carsten er altid på jagt
efter nye muligheder
får Carsten færten af en god forretning, giver hvad kan vi gøre fOr din fOrmue?
han ikke op, før byttet er i hus. Og jo mere udfor- vil du også have din egen formuerådgiver og
drende jo bedre. jakob og sydbank har samme adgang til et team af eksperter, så ring til os
tilgang til at skabe overblik og pleje hans formue. og hør, hvad vi kan gøre for din formue.
senest er det blevet til en investering i charme-
rende sommerhuse. Ring på 70 10 78 79 og aftal et møde.
10161.0611GRILL SOM VERDENSMESTRENE
Med Grilllandsholdets nye kogebog GULD får du 128 lækre
opskrifter, der gør dig til din egen verdensmester ved grillen.
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GULD er en grillkogebog på hele 388 sider i en hidtil uset
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Bogen koster kr. 399,- og kan bestilles direkte hos Det Danske
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eller købes i førende boghandlere.
Se flere eksempler på www.bbqlandsholdet.dk eller www.facebook.com@danishnationalbbqteamBig Crown
Pilot Watch
– A Tribute to Aviation History
Swiss watch company, Oris, pays homage to the Polish team
who won the 1932 Challenge with the introduction of the
Oris Challenge International de Tourisme 1932 Limited
Inflight Magazine no. 24 | 33FACTS:
FAI (Fédération Aéronautique International) is an International
non-profit organisation, which was founded in 1905. The or-
ganisation defines standards and keeps records of air sports
and of aeronautics and astronautics world records. One such
world record was made by two Polish, who won the Chal-
lenge International de Tourisme competition in 1932.
The Challenge International de Tour-
isme in 1932 was the third FAI tourist plane
contest that took off on 12th August 1932,
from Berlin, Germany. It went on for more
than two weeks and demanded the death
of an Italian pilot. A fearsome challenge, the
contest consisted of three parts: technical
trials and evaluation of all the new planes
participating, a 7363 km rally round Europe
and a maximum speed test with at least
two passengers required on board at all
times.
In the beginning of the contest, six fast Ger- Today, 80 years later, this great achievement
The aircrafts: The Challenge was to be a man Heinkel He 64s were considered fa- is honored by Swiss watch company ORIS,
contest of tourist aircrafts, so competing vourites, but a Polish built high-wing RWD-6 by presenting a special version in the Big
aircraft had to be able to take at least two plane flown by pilot Franciszek Żwirko and Crown Pilot watch line called the Oris Chal-
persons aboard, take off and land on a short his mechanic Stanisław Wigura was soon to lenge International de Tourisme 1932 Lim-
field and cover a distance with a good cruis- prove otherwise. The technical features of ited Edition Watch.
ing speed. In fact, Germany, Poland, Czecho- the plane together with a skillful and strate-
slovakia and Italy developed modern sports gic flight planning of the two Polich pilots, The Challenge 44 mm model showcases the
aircraft specifically to meet the demands of who kept a regular cruise speed in the rally Big Crown casing with a coin edge top ring
the Challenge. They all had enclosed crew in order to make up for a slower plane, re- which is synonymous amongst watch en-
cabins, fixed landing gear and advanced warded them the overall victory in the Chal- thusiasts. Iconic in the World of Aviation, as a
wing mechanization. The other aircrafts, es- lenge, a new status as national heroes in tribute to start No. 6 of the Polish plane the
pecially French, were less modern and had their home country and a prominent place counter weight of the central second hand
lower chances in technical trials. in Aviation History. shows the No. 6. The watch has an automatic
movement with 38 hours power reserve, a
non-reflective sapphire crystal, a screw down
crown and sword shaped hands with Super-
luminova inlay. But the Challenge is not only
“air born” it also goes down deep with a wa-
ter resistance of up to 10 bar /100 m.
Limited to 1932 pieces, the Oris Challenge
International de Tourisme 1932 is engraved
at the back with both the individual num-
ber of each specific piece and a silhouette
of the famous airplane to symbolize an out-
standing Polish achievement cemented in
Aviation history.
For further information:
www.staehrexclusive.as
34 | Inflight Magazine no. 24You can also read
