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Friday, February 13, 2009
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REGULATORY BODIES & RULINGS: Airlines told to give fare break-up on Web sites
New Delhi, Feb. 12 Domestic air travelers making bookings on airline Web sites may soon not have to worry about how much more they will have to pay in the form of surcharges in addition to the basic fare being charged by ...

HUMAN RESOURCES: HAL gets back 450 of its former employees
ALH, Chetak copter business looking up. Bangalore, Feb. 12 Recession seems to be working positively in a way for the State-owned Hindustan Aeronautics Ltd, which says it has got back 450 of its former employees after it advertised jobs ...

RAILWAY BUDGET: Reduction in passenger fares, freight rates likely
Interim Rail Budget to be tabled today. New Delhi, Feb. 12 To protect the populist image built by Mr Lalu Prasad as the Union Railways Minister since July 2004, the interim Rail Budget this year may announce some passenger fare and freight rate ...

AIRLINES: Air Works sets up $25 m MRO facility in Hosur
Bangalore, Feb. 12 The country’s largest independent MRO company, Air Works has set up an airline maintenance and overhaul facility near Bangalore at an investment of ...

AIRLINES: Bird group, Pacific Propeller in pact
Bird Group, a travel technology, airline and hospitality services conglomerate, today announced the signing of two agreements with a global repair and overhaul services provider to regional and military aircraft company and a business jet ...

RAILWAYS: Plea to cut railway fares
The Sattur Chamber of Comerce and Industries has sought reduction in railway fares, consequent to a reduction in diesel prices. In a letter to the Railway Minister, Mr Lalu Prasad, the Chamber Secretary, Mr P.T.K.A. Balasubramanian, said that ...

AIRLINES: Aerobot bags Ramelex deal
Aerobot Unmanned Systems Pvt Ltd, world’s first company to deploy UAVs for commercial use, has been awarded a multi-million dollar contract by Ramelex Pvt. Ltd. The contract will have Aerobot deploy 16 Helibot UAVs to monitor ...

AIRLINES: Agreement with VistaJet Holdings
In another agreement signed with VistaJet Holdings, S.A., Switzerland, Bird Group will market the business jet major’s equipment in India, Bangladesh, Bhutan, Maldives, Mauritius, Nepal, Pakistan and Sri Lanka. In order to meet the full ...

AIRLINES: BAE Systems eyes tie-ups in air, naval businesses
Expects follow-on order for 57 Hawks. Bangalore, Feb. 12 It first sold 66 IAF Hawk trainer jets and now has a venture with the Mahindras for army vehicles. UK’s defence manufacturing major BAE Systems now plans to get deeper into the ...

AIRLINES: Sikorsky bids for Navy’s Sea King multi-role copter fleet
Bangalore, Feb 12 The US-based Sikorsky Aircraft Corporation has placed a bid for the Indian Navy’s fleet of ageing Sea King multi-role helicopter fleet which it plans to replace shortly. The order is worth ...

AIRLINES: UK aviation majors make a strong pitch at Aero India
Bangalore, Feb. 12 Aerospace majors Rolls Royce, BAE Systems, Cobham and Hampson are part of a large, 33-strong British business contingent to Aero India ...

AIRLINES: AmSafe Bridport sets up arm in Bangalore
Bangalore, Feb. 12 AmSafe Inc, a provider of safety and securement products and services to the aviation, defence and ground transportation markets, has announced that its AmSafe Bridport business unit has established a wholly owned subsidiary ...

AIRLINES: IBS launches new iFly suite for global airline sector
Thiruvananthapuram, Feb. 12 City-based IBS Software has formally launched its iFly suite of software solutions for the global airline ...

AIRLINES: Etihad special fares
...

AIRLINES: Vizag airport terminal to be inaugurated on Feb 20
The new terminal at the Visakhapatnam airport, built at a cost of Rs 100 crore, will be inaugurated on Feb. ...






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Markets (Feb 12)
Nifty (at close)2,893.05(-32.65)
US Dollar (Buy/Sell)48.84/85
Brent crude (a bbl) Rs2,162
Gold (a gram) Rs1,369
Silver (a kg) Rs23,080

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Feb. 1-Feb. 7
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