Logistics

BL Explainer - All about Air India Disinvestment

BL Explainer - All about Air India Disinvestment

Here’s an insight into mooting of AI divestment, attempts by successive governments, failure of 2017 try, what was different this time, and all abou

Southern Railway bouncing back from the Covid pandemic, says GM

Southern Railway bouncing back from the Covid pandemic, says GM

SR has completed important projects like Tambaram-Chengalpattu third line and gauge conversion work in Madurai to Theni.

‘Air travel will continue to grow for the next 30 to 50 years’ Akasa Air’s Vinay Dube

‘Air travel will continue to grow for the next 30 to 50 years’ Akasa Air’s Vinay Dube

CEO of Akasa Air, Vinay Dube, says the airline would look to further democratise air travel

Air India cabin crew unions object to new pre-flight BMI-check rule, threaten legal recourse

The unions have conveyed their objections to the new Chairman and Managing Director of the airlines

GoFirst’s Twitter handle hacked

The airline’s team is working with Twitter to address the issue.

Dredging Corp signs MoU for strategic alliance with Abu Dhabi’s NMDC

Pact to cover capital dredging works, project development, operate ports, among others

CCI imposes penalty on maritime transport companies for indulging in cartelisation

Based on a cumulative assessment of the evidence, the Commission held NYK Line, K-Line, MOL and NMCC, guilty of contravention of the provisions of Sec

Air India to be handed over on January 27: AI official

The closing balance sheet will be provided for Tata’s review

HK Joshi removed as MD of India Ports Global

Mumbai Port Chairman Rajiv Jalota takes additional charge

EXIM trade rallies behind PSA-Sical Terminals as VOC Port goes for termination 

EXIM trade says it will be deprived of terminal handling capacity if PSA-Sical Terminals is shut

IRCTC’s revenues to get a boost from levy of convenience fee from September

Service charges on online ticket booking were withdrawn post demonetisation, leading to a revenue loss

New dispute resolution mechanism raises hopes among port operators

The Conciliation and Settlement Committee set up by the Port Ministry seeks to reach a settlement through mediation and mutual understanding

Trailer operators strike looms in Cochin Port even as competition soars

All-India Container Carrier Owners Association urges government to implement rates suggested by the NATPAC

Adani Ports cross 250-mt mark in cargo handling

Highest ever cargo handled since it began operations some two decades ago

One handbag only for domestic passengers, says Centre as it asks airlines to impose rule ‘meticulously’

The rule is not being enforced; causing delays & risking security, said the Ministry

GO FIRST grabs the second highest market share in December

GO FIRST flew 11.93 lakh passengers in Dec 2021, second to Indigo’s 61.41 lakh

Gadkari appeals to Tamil Nadu CM to intervene and review all road projects in the State

In his special address at the ‘BusinessLine Countdown to Budget 2022’, the Union Minister sought better co-operation with Stalin’s administratio

VOC Port Trust issues termination notice to PSA-Sical Terminals over royalty dues

Move follows Madras High Court order dismissing petition by the terminal operator

Air India to resume US operations from January 21

The airline said Boeing has cleared it to operate in the US on B777

CESL floats tender to procure over 5,500 electric buses

To be deployed across five major cities, the first tranche is likely to be deployed by July this year. 

Omicron impact: Domestic air traffic nosedives week-on-week in January

Number of daily fliers dropped to 1.92 lakh from 2.88 lakh within a week

Two IndiGo flights avert mid-air collision; DGCA orders probe

The incident reportedly occurred at an altitude of 3,000 feet

Airbus to hire 6,000 globally in 2022

A third of the total recruitment will be allocated to young graduates

Air India suspends some flights to US over 5G deployment

The carrier serves four destinations in the US with Boeing 777s

Omicron impact: Aviation recovery estimates revised downward by ICRA

ICRA moderates its FY2022 recovery estimates to 52% of pre-Covid level as against 62% earlier

Porter announces ESOP liquidation worth $5 million

January 19, 2022 Porter, an on-demand intra-city logistics company, has announced an Employee Stock Ownership Plan (ESOP) monetisation programme wor

DGCA extends ban on international flights till Feb 28

Scheduled international passenger flights to and from India remain suspended since March 2020 amid the Covid-19 pandemic

Covid impact: IATA agents launch e-signature campaign for commission

Travel agents seek restoration of 5% commission amid pandemic-induced losses

Matchlog raise $3 million from Blue Ashva Capital, Rainmatter Climate and Capital-A

The funds will be deployed to develop the tech platform further for AI and machine learning-based pairing of cargo across India

Vikram Dev Dutt appointed as Air India’s new CMD

He will get the rank of Additional Secretary

EaseMyTrip enters into exclusive pact with regional airline Flybig agreement for ticket bookings of regional airline Flybig

Abhishek Law / New Delhi 

Container shortage forces exporters to shift to break bulk

Cargoes like rice, maize, chilly, soya bean meal, jute, cement in bags and steel products are now shipped this way

SCI sale: Ravi Mehrotra’s Foresight Group ‘may not make financial bid’ 

JAN 16

Aviation sector to be impacted by twin headwinds of high ATF prices, Covid third wave

CRISIL report says the loss would be 44 per cent more than it had reported in FY21. 

DCI Chairman Rao “abstains” from voting on AGM resolution for appointing MD & CEO

Rama Mohana Rao is the chairman of the board that “unanimously” approved the appointment of Victor as MD and CEO from 01 March 2021.

Fresh Covid wave may slow down logistics activity pickup

December clocked uptick aided by consumer spending, exports

RailTel seeks business partners for data centres in rural, semi-urban areas

Involves investment opportunity of over ₹500 crore in PPP model

Deendayal Port achieves new milestone in cargo handling in FY22

Deendayal Port becomes the first government port to handle 100 million tonnes cargo

Boeing airliner sales jump but deliveries lag rival Airbus

Boeing said Tuesday that it delivered 340 commercial planes in 2021