LOGISTICS
AIR CARGO
BAWC gets investment nod
British Airways World Cargo (BAWC) has received approval of the British Airways board for an investment of 20 million pounds in the run-up to the opening of Terminal 5 of the Heathrow Airport in March 2008. The approval is being seen as a clear ...
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AIRLINES
Mallya questions sustainability of low-cost carrier biz models
"There is nothing low cost about low cost carriers. The cost remains the same. The difference is that they are offering lower fares now. But is this business model sustainable two years down the lane?" asked Mr Vijay Mallya, Chairman of ...
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Aviation sector planning independent body
The aviation sector in India is working towards creating an independent body on the lines of Nasscom to address issues concerning various stakeholders. The Managing Director of Air Deccan, Mr G.R. Gopinath, said that such a body would serve as ...
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IndiGo set to expand operations
Co expects to break even after 18 months
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Rising ATF prices, low yields hit airlines' bottomline
But most players upbeat on prospects
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INFORMATION TECHNOLOGY
IVRS, SMS facility at Rajiv Gandhi Container Terminal
India Gateway Terminal (IGT) has launched Interactive Voice Response System (IVRS), SMS and web tracking of containers at the Rajiv Gandhi Container Terminal on Friday for the benefit of port users. The Kochi Port Chairman, Mr N. Ramachandran, ...
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SHIPPING
To beat tight taxes, shipowners sail to safer shores
The strategy of the Indian shipping industry would be to flag out all ships except coastal vessels under foreign flags, if the situation continues.
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People's protest derails alignment project
Rail-link to Vallarpadam Container Terminal
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Asia-Europe sea trade up
With annual container throughput of 15 million TEUs, the Asia-Europe trade route ranks third behind Inter-Asia (32 million) and Trans-Pacific (18 million). Accounting for two-thirds of global traffic, Asia, with a favourable balance of trade ...
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`Treat all ports equally'
According to Western India Shippers Association, the distinctions between major and non-major ports should be done away with, especially because some of the so-called non-major ports are recording such a fast growth that they will soon surpass ...
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INTERVIEW
`Marketing our technology worldwide will be a major challenge'
The present challenge for KRCL is to market the technologies it has developed and obtain the world patent. - DR K. K. GOKHALE, MD, KONKAN RAILWAY CORPORATION
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ROADWAYS
Upgraded versions
THE ANDHRA PRADESH Chief Minister, Dr Y.S. Rajasekhara Reddy, flags off the new Setwin mini-buses from CM's camp office in Hyderabad on Sunday. According to Setwin, each bus costs around Rs 9 lakh. It plans to introduce 25 more buses this month. ...
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