The Hindu Business Line : Thursday, June 02, 2005

Airlines to cut fares as ATF prices fall
FLYING in the domestic skies is all set to become marginally cheaper. Within hours of oil companies announcing a reduction in prices of aviation turbine fuel (ATF), a host of airlines including Air Deccan, Air Sahara, and the start-up SpiceJet ... More

Air Deccan, SpiceJet reach pact on escalation charges for aircraft purchase
AIR Deccan and SpiceJet have successfully negotiated the revenue-draining escalation charges for buying aircraft from Airbus and Boeing. An Air Deccan official told Business Line that the airline has been able to negotiate for a cap on ... More

CIAL to set up aircraft maintenance hangar
WITH the proliferation in the number of airlines and multiplication of aircraft fleet in India, the Cochin International Airport Ltd is planning to set up an aircraft maintenance hangar on the airport premises. The hangar is planned on a 51:49 ... More

INFORMATION TECHNOLOGY

Truck tracking devices market set to take off
AS Indian corporate houses are increasingly realising the importance of logistics in moving their products across the country, new business opportunities are emerging for providers of e-logistics services, or vehicle tracking systems. The ... More

SHIPPING

Feasibility study on Kulpi port soon
A STUDY will soon be commissioned under the aegis of the Union Ministry of Shipping to determine the techno-economic feasibility of a minor port at Kulpi, in the wake of the work to be done at the Balari sandhead of Haldia port. The study will ... More

ROADWAYS

`Tax sops, loans for new vehicles may not help phase out old ones'
Chances are that people will grab the concessions and acquire new vehicles more for earning depreciation than for helping the Government reduce the size of the fleet of old vehicles More

Ships in Ports

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