LOGISTICS
AIRLINES
Indian Airlines hopes to post lower net loss
INDIAN Airlines (IA) expects to close 2003-04 with a net loss of Rs 56 crore, which is lower than its earlier budgeted loss of Rs 110.50 crore. Air India (AI), on the contrary, hopes to earn a profit, but lower at Rs 20.50 crore during the same ...
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Emirates SkyCargo logs into new handling system
EMIRATES SkyCargo recently switched over to its new-generation ground-handling system, SkyLog. The system is designed for more efficient handling at its hub at the Dubai International Airport, providing faster delivery times on shipments, ...
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IA board nod for dry lease of A-320, A-319 planes
THE Indian Airlines (IA) board, which met on Wednesday, ratified the decision of its Empowered Committee to dry-lease five Airbus A-320 aircraft and 11 A-319 aircraft. Official sources said that the leased A-320 aircraft, which the airline ...
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AI fare for senior citizens
SHIPPING
Review meet stresses on cargo support, barges availability
THE issue of utilisation of the virtual jetty, built by the Kolkata Port Trust at Sagar Island and lying idle since February this year, came up for a review at a high-level meeting here a few days ago. The meeting was attended by Mr D.T. ...
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ONGC to develop SEZ in Kakinada
OIL and Natural Gas Corporation (ONGC) will promote the development of a port-based special economic zone at Kakinada in Andhra Pradesh, along with Kakinada Seaports Ltd (KSPL) and Infrastructure Leasing and Financial Services Limited (IL&FS). ..
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National maritime commission on cards
THE Government is planning to set up a national maritime commission to protect the country's maritime interests in an integrated manner and the modalities for it are being worked out, Admiral Arun Prakash, Chief of the Naval Staff, has said. At ...
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ROADWAYS
Hilli truck logjam adding to transaction costs: Exporters
LACK of concerted efforts by government agencies at land customs stations (LCS) is threatening to derail the country's exports to Bangladesh through the LCS in North Bengal, and in the process add to transaction costs in a big way. While the ...
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