LOGISTICS
AIRLINES
Fuel hedging will be future strategy, says AI chief
LACK of decisive action on fuel hedging is costing Air India (AI) dearly, as the country's international carrier struggles to come to terms with a fuel price regime that threatens to blow over the top. "Fuel hedging ought to have been tried ...
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Air-India to dry lease three Boeing-777s
THE Air-India board, which met here on Wednesday, has approved the dry leasing of three Boeing-777 aircraft. These aircraft will be received by the airline between December 2004 and March 2005. According to an airline spokesperson, the delivery ...
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Austrian Airlines plans more flights to Mumbai, Delhi
AUSTRIAN Airlines plans to start a five-times-a-week flight on the Vienna-Mumbai-Vienna sector from May 1 next year, the Country Manager, India, Mr Bernhard Baeck, said here on Wednesday. Addressing a press conference here, Mr Baeck also ...
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IA's 24-hour booking counter in Hyderabad
HYDERABAD: Indian Airlines has introduced round-the-clock ticketing counter at the Domestic Terminal in the Hyderabad Airport. "Passengers can avail the facility for booking their tickets and endorsements at any time, including odd hours, ...
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SHIPPING
Baalu to discuss JN port congestion
THE problem of congestion that has been dogging Jawaharlal Nehru Port for the last several weeks will dominate the discussions on Thursday between the Union Minister of Shipping, Mr T.R. Baalu, and port officials. The Minister, who is making ...
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ROADWAYS
Plan panel prefers toll-based BOT model for highways
THE Planning Commission has suggested wider adoption of the toll-based build-operate-transfer (BOT) model instead of the annuity approach for development of highways through the public-private-partnership (PPP) route. In a recent presentation ...
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