The Hindu Business Line : Thursday, March 03, 2005

AI Express may also fly on domestic routes
AIR India Express, the low-cost arm of Air India, could also start operating in the domestic skies. The AI management is looking at the option of AI Express doing the domestic leg of its operations that are at present carried out by Indian ... More

Airline industry facing shortage of new generation aircraft — Leasing rates skyrocket
THE airline industry in the country is witnessing a sudden shortage of new generation aircraft for leasing resulting in a spurt in leasing rates. "There is acute shortage of new generation aircraft," Mr Ajay Singh, Director of the ... More

Royal Airways okays pref issue to IL&FS
ROYAL Airways has approved a preferential issue to IL&FS of up to 15.30 lakh 10-per cent unsecured fully convertible debentures (FCDs) of Rs 100 each, convertible up to 37,15,394 equity shares of Rs 10 each. An official statement quoting Mr ... More

SHIPPING

KoPT traffic throughput may touch 46 mt
THE Kolkata Port Trust hopes to end the current financial year (2004-05) with a traffic throughput of about 46 million tonnes (mt) and thus to rank second among the major ports. Of this, the share of Haldia, it is estimated, will be over 36 mt ... More

National Waterways-III to be opened to cargo traffic fully
CONSIDERING the increasing cargo movement in National Waterways III, the Inland Waterways Authority of India (IWAI) has taken steps to make the Kollam-Kottappuram stretch fully operational by March. The movement of cargo through NW-III has ... More

RAILWAYS

Rlys launches Web site for claims
NEW DELHI: The Indian Railways has launched a new Web site www.claims.indianrail.gov.in, wherein one can file claims for losses, destruction, damage, deterioration or non-delivery of goods ... More

Ships in Ports

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