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Thursday, October 16, 2008
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AIRLINES: Jet Airways to terminate 1,100 more staff
Extreme step to prevent collapse of company, says official. Mumbai/New Delhi, Oct. 15 Jet Airways plans to terminate the services of 1,100 more employees in the next two ...

AIRLINES: Praful Patel assures steps to bail out airline cos
Will meet Finance Minister, banks. Hyderabad, Oct. 15 The Union Minister for Civil Aviation will meet the Finance Minister and representatives of banks and financial institutions soon in an effort to provide some breathing space and fund support ...

AIRLINES: Aviation stocks nosedive amid stormy weather
Absence of clarity on the Jet-Kingfisher deal. Mumbai, Oct. 15 As the Sensex tanked 5.8 per cent on Wednesday, the three listed aviation stocks nosedived 8 to 15 per ...

AIRLINES: If airlines turn around…
Bangalore, Oct. 15 If domestic airlines turn around during the next two quarters which are generally the most profitable for the industry, the alliance between Kingfisher Airlines and Jet Airways may end up being short-lived, an airline ...

AIRLINES: Air India to seek Rs 1,000-cr soft loan
Plans to expand international route network. Hyderabad, Oct 15 Air India, which is planning a major expansion of its international route network between October 2009 and March 2010, will soon approach the Government for a soft loan of about Rs ...

AIRLINES: Aerospace SEZ to come up in AP
Focus on manufacture of defence, commercial aircraft components. Hyderabad, Oct. 15 The country’s first exclusive aerospace SEZ (special economic zone), Aerospace Park, would come up in ...

AIRLINES: Budding careers get a taste of the harsher side
Mumbai, Oct. 15 This festival of lights will bring little joy to over 800 probationers of ...

EVENTS: High drama on ground
Hyderabad, Oct. 15 The Begumpet airport here, which has been non-functional for about six months ever since the new greenfield Rajiv Gandhi International Airport opened at Shamshabad, was once again humming with activity ...

EVENTS: US firms eye opportunities in Indian aviation infrastructure
Hyderabad, Oct. 15 After selling aircraft and components, the development of infrastructure in India’s aviation sector could well be the focus of the American ...

EVENTS: Impressive line-up
...

AIRLINES: Air Works, Honeywell in service centre pact
Hyderabad, Oct. 15 Air Works on Wednesday announced an authorised service centre agreement with Honeywell at the India Aviation Week ...

AIRLINES: Gopinath now wielding pen
Bangalore, Oct. 15 The man who pioneered the concept of low cost airline in India, Capt G R Gopinath is writing his memoirs which are expected to hit the stands in a couple ...

AIRLINES: Bell Helicopter sees growing interest for its models
Hyderabad, Oct. 15 Bell Helicopter is upbeat on the potential for copters in both civil and defence sectors, the latter for surveillance in ...

NEW PRODUCTS & SERVICES: Air Asia daily flights to Tiruchi from December
Hyderabad, Oct. 15 Fares on the India-Malaysia route could drop further, with the Malaysian low-cost airline, Air Asia, launching a daily flight to Tiruchiin the first week of December, the airline founder, Mr Toni Fernandes, said here ...






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Markets (Oct 15)
Nifty (at close)3338.40(-180.25)
US Dollar (Buy/Sell)48.50/51
Brent crude (a bbl) Rs3,504
Gold (a gram) Rs1,225
Silver (a kg) Rs18,665

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Oct. 5-Oct. 11
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