Tuesday 31 July 2012

Airport Formalities, A Cause Of Stress among Indian Travelers By SiliconIndia, Tuesday, 31 July 2012

CII farm panel looks to go ‘bananas’ to build brand R RAVIKUMAR

PM to review Nakkapalli port

Monday 30 July 2012

Cut and make your own Airbus A320neo, in paper Monday, July 30, 2012 by Devesh Agarwal

Bilateral water transport deal favours Bangladesh SANTANU SANYAL


River routes linking West Bengal and Assam, via Bangladesh, have been affected
Click to read:
http://www.thehindubusinessline.com/opinion/article3704043.ece?homepage=true

Indian carriers allowed more international flights


From Guangzhou in China to Dar-es-Salaam in Tanzania to Riyadh and Jeddah in Saudi Arabia and Male in Maldives will soon see Indian carriers operating regular flights.
Click to read
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3703381.ece

‘Regulatory uncertainty a major concern for APM Terminals’ N.K. KURUP



“… there is plenty of competition in the port sector and Indian ports are mature enough to decide their own tariffs.”
Click to read:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3700024.ece?homepage=true&ref=wl_home

What's at stake for Vijay Mallya if Kingfisher fails?



http://in.finance.yahoo.com/photos/what-s-at-stake-for-vijay-mallya-if-kingfisher-fails-slideshow/

Sunday 29 July 2012

A tale of 2 jumbos and the Indian regulator ASHWINI PHADNIS


Click to read on
http://www.thehindubusinessline.com/industry-and-economy/article3700023.ece


The Greatest Competition in Business
Book Review – Boeing versus Airbus by John Newhouse
John Newhouse
Price:    USD 26.95  CAD 34.95 
Pages:   254

Reviewed by Archie D’Souza
Books on Aviation, especially the aerospace industry, are a rarity and ones written in an exciting Robert Ludlum or Dan Brown style are even scarcer.  John Newhouse in Boeing versus Airbus provides the reader with just that kind of un-put-down-able excitement, from cover-to-cover.
John Newhouse covered foreign policy for the New Yorker through the 1980s and early 1990s.  Among his assignments are:
  • Assistant Director, US Arms Control and Disarmament Agency
  • Senior Policy Advisor for European Affairs in the US State Department
Both these were under President Clinton.
Before Airbus came into existence, Boeing was by far the largest supplier of large commercial aircraft (LCAs).  For long it’s been USA’s most successful and admired corporation.  It is also its largest exporter.  Up to the early eighties, “four companies divided the turbulent business of making and selling passenger airplanes.  One of them, the Boeing Company was dominant.”  In a short span of time the two other big American players, Lockheed Aircraft Corporation and the McDonnell Douglas Corporation, merged and the merged entity was later bought by the Chicago headquartered Boeing.  Then its headquarters was at Seattle, where Boeing’s aircraft plant – the largest aircraft factory in the World – is situated, is in the US eastern state of Washington.
By the 1990s, Airbus became the number one player only to lose its place to Boeing in 2006.  John Newhouse’s Boeing versus Airbus – the inside story of the greatest international competition in business – traces the history and politics of rivalries between these two players.  Accusations and counter accusations, disputes taken to the WTO, government intervention and the political strategies that go into aircraft purchases are all put together in a plot that makes it look like a Geoffrey Archer or Sydney Sheldon thriller.
Airbus’s unique style of ownership and management together with Boeing’s initial arrogance, the main cause for it losing its numero uno position, are very vividly dealt with.  How did Airbus lose its first place and Boeing regain it?  Read the book to know.
There is a chapter that deals with the follies and hypocrisies (Chapter III – Folly and Hypocrisy) which actually shows the extent of government involvement in the “free market economy” business.  The two companies often entered agreements that would make OPEC ashamed.  Reneging on these was a very regular practice though.
There came a series of incidents that include the 11/9/2001 (9/11 to the Americans) bombings, the SARS epidemic and rising oil prices that saw a decline in air travel and increase in airfreight rates.  A great deal of space has been devoted to these factors as well as how airlines adjusted or collapsed once deregulation came into being?  Deregulation also saw changes in the way aircraft were purchased and configured.
There is also a lesson in finance and accounting where he talks about the advantages of leasing an aircraft as opposed to owning one.  This practice, viz. leasing, which gained tremendous importance in devoted to the Aircraft Leasing Industry.  Two companies dominate here, the International Lease Finance Corporation (ILFC) and GE Commercial Aviation Services.  Newhouse dwells at length on the genesis of these companies and their contrasting styles of management and doing business.  Again lessons in management for all.
From reports one has been reading in newspapers & periodicals and the audiovisual media one would think that the only story of aircraft rivalries was between the A380 and B787, the Dream-liner – both different types of aircraft catering to different segments.  However, long before this rivalry came into being there were rivalries between the B737 & A320, the A350 & B777, and many more.  The A380 should actually be compared to the B747 and not the B787, which still has no peer.  But such was the intensity of competition at that time, as it is now, that in every announcement made one tried to outdo the other.
No review is complete without an excerpt from the book.  This is from Chapter IV Market Share – the Airlines’ Enemy.  This is about BA’s aborted attempt to buy a stake in USAir, following a veto by President George HW Bush after intense lobbying by the Fat Four – the Big Three, consisting of American, United and Delta plus Fedex, the fourth.
“Their case, a political potent one as it turned out, was that allowing BA to absorb USAir would lead to the creation of a preeminent domestic carrier, one whose global reach would give it heavy and unique advantages.  The issue for the administration of President George HW Bush was whether USAir might have to join the lengthening list of airline fatalities or be allowed to merge with BA and thereby threaten the wellbeing of the bid three, the backbone of America’s airline industry.  Where did the consumer’s interest lie?  Where did national interest lie?”
Boeing versus Airbus is a must-read for every aviation buff.  For students and connoisseurs of economics and management this is a great case study in monopolistic competition and oligopoly.  I’ve written elsewhere that the Airbus experience can be a great learning for the BRICS aerospace industry.  I do wish someone with the capacity to invest is reading and will act on the same.



Boeing eyes India as US cuts defence spending Ajai Shukla / Seattle/ Usa Jul 30, 2012, 00:25 IST

Shipping Ministry plans framework for project review A. J. VINAYAK

The Union Shipping Minister, Mr G.K. Vasan. (file photo)
The Shipping Ministry has planned a framework for reviewing the implementation of projects in various ports. The framework is aimed at expediting projects in various ports.
Click to read on

IBS Software meet discusses challenges facing air cargo industry

Bharat Forge begins trials for aerospace parts production

Friday 27 July 2012

Transportation and Logistics Management Archie D'Souza

This article on logistics education by me was published in The Hindu a little over a year ago.  It is still current.
http://www.hindu.com/2011/02/10/stories/2011021052420500.htm


India, the fourth largest and the second fastest growing economy in the world, is on the fast track where infrastructure spending is concerned. Some of the infrastructure areas where huge government spending is taking place are, roads, ports – major & minor, airports – expansion and modernisation of existing ones and building of new ones, inland waterways, coastal shipping and railway lines. There is also huge spending by the corporate sector both as PPP and private enterprises.

All this means huge career opportunities for fresh graduates and professionals. The movement of goods within and across regions and from one region to another plays an important role in economic growth. Roads, railways, air and shipping lines play a great role in this activity. Airlines, Shipping Lines, Railway Companies, Truckers and a host of allied services need professionals on a regular basis. These are sectors that hire high volume of people with improved and better pay options and transactions run into billions of dollars.
Transportation plays a very significant role in development. The transportation industry is the lifeblood of a nation's economy. In today's globalised situation it becomes the lifeblood of the world economy. How developed is a nation or a part of the World, or for that matter a region within a nation, state or even city, is directly correlated to its transport infrastructure.

When we talk about transport facilities we are not restricting ourselves to the physical infrastructure, which is very important. Also playing a great role is policy. A significant part of a quality course in Transportation and Logistics Management will be devoted to policies formulated and legislations involved in the transportation of goods. Free movement of goods leads to growth and development and thus a better standard of life for the people living in a given region. Procedural delays still exist in India, especially in movement and clearance of goods.

This is one lament of foreigners doing business in India. It is often easier to move goods by road from Rome to Amsterdam, crossing three international borders, than to move them from Hosur to Bangalore – a distance of 30 kilometres.

If transportation is the lifeblood of the world economy, logistics is the lifeblood of the corporate world. It is a very integral and important part of the supply chain. Technology, in today's global village, is available to anyone willing to pay for it. Quality products are taken for granted by every buyer and every supplier knows he needs to deliver. What makes one supplier different from another, today, is logistics. What exactly is logistics? It is all about movement of goods from supplier to manufacturer and from manufacturer to the consumer.

Every manufacturing enterprise as well as organisations in the services sector requires logistics professionals. The role of a logistics professional starts even before an organisation's operations start. Setting up a unit requires machinery and materials to be moved to the site. This may come from different parts of the world. Procuring, transporting and storing are all a part of the logistics department of a company. Once operations start, raw materials and components need to reach the factory site. These may need to be stored and later moved to the manufacturing areas. Finished goods need to reach consumers when they need them.

The commissioning of the ICTT will mean that containers that were previously transiting Colombo, Dubai, Singapore and Port Klang in feeder vessels will now be able to move on direct voyages in mother vessels. This will lead to all the major shipping lines bringing their mother vessels here for the purpose. Employment opportunities will be available directly with these shipping lines or with their appointed agents.
Shipping will bring with it other ancillary and support activities. Large scale warehousing, bonded storage and distribution centres are but some of the activities that will generate specialised jobs.

Cochin, as a whole, has a strategic location on the international seafaring route lying midway between Europe, Middle East and East Asia and the Pacific Rim. Its all-weather natural harbour and the large export of goods, especially spices and sea food makes it a very important port in India. The ICTT at Vallarpadam will tap into the large cargo movement along the international east-west sea lane. This will be a boon not just to Kerala but also neighbouring states like Karnataka and Tamil Nadu as well as the union territories of Lakshadweep and rest of India. The estimated value of the logistics market in India is $14 billion and will grow at a rate of 7-8 per cent.
Indian and multinational logistics companies operating in India cater to millions of retailers, manufacturers and service sector companies. This will translate into lakhs of jobs over the next few years.

Wednesday 25 July 2012

Single bid for Vizhinjam project rejected VINSON KURIAN

An empowered committee headed by the Kerala chief secretary has advised the state government against the single bid for the Vizhinjam port and container terminal project. This effectively... »

SpiceJet Fiscal Year 11-12 Financial Analysis - Too much growth and high fuel prices offset strong cost discipline Wednesday, July 25, 2012 by Vinay Bhaskara

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s results only acted as a reaffirmation that the economics of the Indian airline industry are very much broken.
Click to read on:
http://www.bangaloreaviation.com/2012/07/spicejet-fiscal-year-11-12-financial.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29

EMKE group to invest Rs 2000 cr in Kerala


Dubai:  In a move that has potential to boost the image of the state as an investment destination NRI business tycoon M. A. Yusuf Ali has drawn up plans to invest Rs 1,500 - 2,000 crores in his home state  The managing director of EMKE group says he is aiming to be the number one investor in Kerala.

Work is progressing on one of India's biggest shopping mall at Edappally along with a a premium five-star hotel managed by JW Marriott. Other projects include a convention centre at Bolghatty - a joint venture with Grand Hyatt, a 20 lakh sq ft logistics centre touted as the country's largest and a flight catering centre in association with the JW Marriot group. The 15 lakh sq feet logistics centre would generate around 3000 job opportunities. EMKE group has also plans for a convention centre with a star hotel attached to it in Kozhikode.

Yusuf Ali says these ventures have the potential to create atleast 15,000 job openings. He said the group will pursue more  investment opportunities in the Emerging Kerala summit to be held in September. 

EMKE group is a major employer in Gulf countries with around 22,000 Malayalees working in different Lulu outlets. The group has also plans to expand their business to Vietnam and Malayasia. 
Click for the source:
http://english.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/contentView.do?contentId=12066975&tabId=1&programId=11565538&BV_ID=@@@

Tuesday 24 July 2012

Amelia Earhart search returns without conclusive images Published: July 24, 2012 7:03 AM By THE ASSOCIATED PRESS

Bill seeks to recognize LI's aviation history Originally published: July 22, 2012 8:36 PM Updated: July 22, 2012 10:14 PM By KEITH HERBERT keith.herbert@newsday.com

Originally published: July 22, 2012 8:36 PM
Updated: July 22, 2012 10:14 PM
Originally published: July 22, 2012 8:36 PM
Updated: July 22, 2012 10:14 PM
Click to read the report
http://newyork.newsday.com/news/world/bill-seeks-to-recognize-li-s-aviation-history-1.3854071

Flash Cargo Tracker July 2012 from IATA


First e-Cargo conference endorses way forward for e-freight

The first e-Cargo Conference took place on June 26-27, 2012 in Geneva. The theme of the event: “Making e-freight the Industry Standard” attracted over 160 delegates from over 40 countries, comprising a mix of experts, leading practitioners and beginners in the area of e-Cargo.
Click to read

http://www.iata.org/whatwedo/cargo/tracker/flash-july-2012/Pages/e-cargo-conference.aspx

Logistics majors focusing on patents to keep technology edge MAMUNI DAS

Smaller firms, however, getting deterred by high cost, unorganised nature of sector


Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3674440.ece?ref=wl_industry-and-economy

Decision on Vizhinjam re-tender soon, says Kerala Ports Minister VINSON KURIAN

Re-tender of the Vizhinjam international seaport and container transhipment terminal is now a matter of time.

A view of the Vizhinjam fishing harbour (file photo).
Click to read on
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3675178.ece?ref=wl_industry-and-economy

FIEO for aligning Exim agencies with EDI OUR BUREAU


The Federation of Indian Export Organisations has asked the Government to integrate all the 13 agencies with the EDI.
Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/article3672528.ece

Monday 23 July 2012

Pipavav Defence and Offshore Engineering Company, formerly Pipavav Shipyard Ltd, has signed a shareholders' agreement with Mazagon Docks Ltd on Saturday to build surface warships for the Indian Navy within globally competitive price lines and timelines.


Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3672552.ece?homepage=true&ref=wl_home

Sunday 22 July 2012

Saturday 21 July 2012

Revealed: The best airlines in the world Attended by leading figures from the global aviation industry, the Skytrax World Airline Awards were held at the Farnborough Air Show on 12th July 2012.

India-based budget carrier IndiGo triumphed at the annual Skytrax World Airline Awards. IndiGo has received an award for the Best Low Cost Airline in Central Asia and India and also for the Best Airline Staff Service in Central Asia and India.
We at SAMS congratulate Indigo

Click to see the other winners:
http://in.finance.yahoo.com/photos/the-best-airports-in-the-world-slideshow/

Video: Making of the Jet Airways' Disney themed 737-800 VT-JBC Friday, July 20, 2012 by Devesh Agarwal

Last week, Jet Airways unveiled a re-liveried Boeing 737-800 with a Disney theme. The aircraft is wrapped with images of Disney’s favourite cartoon characters like Mickey Mouse, Minnie Mouse, Donald Duck, Daisy, Goofy and Pluto. 

Here is a time lapse video showing the plane VT-JBC being transformed from its regular Jet Airways livery to the new Disney livery. Click to watch:
http://www.bangaloreaviation.com/2012/07/video-making-of-jet-airways-disney.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29

Friday 20 July 2012

Do away with port tariff authority, urges workers’ body V. SAJEEV KUMAR


The All-India Port and Dock Workers’ Federation has demanded that the Shipping Ministry either dispense with the functioning of the Tariff Authority for Major Ports (TAMP) or bring minor ports under its purview.
Click to read on:

http://www.thehindubusinessline.com/industry-and-economy/logistics/article3662395.ece?homepage=true&ref=wl_home

Asean airlines may be allowed to operate unlimited flights to Delhi, other metros ASHWINI PHADNIS

The Indian Government could allow airlines from the 10-member Association of South East Asian Nations (Asean) to initially operate unlimited flights between their capitals and New Delhi.
Eventually, the exemption could be extended to flights to cities including Mumbai, Chennai and Kolkata.
The acceptance of this proposal by the Indian Government will update the 2003 India-Asean open sky agreement that allows carriers to operate daily flights to various metros, including New Delhi.

TOURIST DESTINATIONS

They are also allowed to operate unlimited flights to 18 tourist destinations including Kochi, Thiruvanathapuram, Kozhikode, Tiruchi, Port Blair and Visakhapatnam. Now, India is likely to follow China’s example in liberalising its air services agreement with the Asean, officials indicated.
Generally speaking, such international agreements are on a reciprocal basis, so Indian carriers may also be allowed to operate more flights to the Asean region.
The 10-member regional bloc includes Malaysia, Singapore, Thailand, Indonesia and the Philippines.
Official sources told Business Line that a clear picture on the roadmap for the possible opening and the time-frame to achieve this could emerge at a meeting between Asean countries and India, scheduled to be held here in August.
The acceptance of the proposal is unlikely to go down well with Indian carriers. Airlines from India often complain that international airlines take away Indian traffic bound for third countries instead of carrying passengers from India to the country to which the airline belongs.
This, airlines from India feel, is affecting their profitability.

FULL POTENTIAL

Earlier this month, the visiting Prime Minister of Singapore, Mr Lee Hsien Loong, had called on India to further liberalise its air services agreement with Singapore.
The visiting dignitary was of the opinion that taking such a step will help achieve the full potential between India and Singapore.

http://www.thehindubusinessline.com/industry-and-economy/logistics/article3658711.ece

River-based industrial corridor likely

The Prime Minister’s Office (PMO) is to promote a river-based industrial corridor along the national waterways, similar to the rail freight corridor .
To promote private investment in inland waterways, the PMO has formed a committee that will assess and come up with approaches and proposals for scaling up private investment, besides suggestions for standardised model concession agreements (MCAs). These will be prepared “quickly” for possible areas of investment, said an official release.
Earlier, the concession agreement finalisation had taken three-four years for the ports and highways sector. And there was no reason why the Allahabad-Haldia stretch (National Waterway-1) could not be a river-based industrial corridor, it said, adding that Rhine and Danube rivers were lifelines of transport in Europe.
Since January, the PMO has identified and fast-tracked implementation of key projects in National Waterways — the Varanasi-Haldia stretch of the Ganga (NW-1); the Brahmaputra in Assam (NW-2); and the inland stretch in Kerala (NW-3).

COMMITTEE CONSTITUTED

The Inland Waterways Authority of India (IWAI) has witnessed private investments to transport coal and fertiliser on NW-1, foodgrains and coal on NW-2 and cargo on NW-3.
A committee has now been constituted with the Secretary (Planning), Secretary (Shipping), DG (IWAI), and representatives of Department of Economic Affairs, to identify new areas for private investment, both in infrastructure and in transportation and multiple business models that could then be bid out through concessions. This will be supplemented by designing Model Concession Agreements and other standardised documents to facilitate rapid scaling up of investment.

Click below for source:


http://www.thehindubusinessline.com/industry-and-economy/logistics/article3650129.ece

Taking the story of Mumbai's dabbawalas to IIM Calcutta


Dr Pawan Girdharilal Agrawal, CEO of the Mumbai Dabbawala Association, will speak at IIM Calcutta on July 24.
Dr Agrawal, who completed a PhD thesis on: ‘A study of Logistics and Supply Chain Management of Dabbawalas in Mumbai’, will dwell on management issues, including Six Sigma achievers, making a difference and change.
Mumbai’s 5,000-odd dabbawalas have been in action for over 125 years now, without any work stoppages. They deliver nearly 2,00,000 lunches everyday and on time. Their unique management and operational models have become subjects of management study beyond text books for global business schools.
The dabbawalas have a Six Sigma quality certificate and a global business fan club that includes Prince Charles and Mr Richard Branson.

http://www.thehindubusinessline.com/industry-and-economy/economy/article3661798.ece

Here's another story on the same topic
Click to read:

http://www.slideshare.net/targetseo/mumbais-dabbawalas-amazing-management-success-story-india

Japan's Kintetsu World Express invests Rs 267.7 crore in joint venture with Gati for 30% holding

HYDERABAD: Japanese logistics giant Kintetsu World Express (KWE) said on Thursday announced investing Rs 267.7 crore to pick up 30% equity holding in a joint venture with the Hyderabad-based express distribution and supply chain solutions firmGati Ltd. The Japanese firm had in February agreed to join Gati's business and acquire stake in the JV.
Click to read on:
http://economictimes.indiatimes.com/news/news-by-industry/transportation/shipping-/-transport/japans-kintetsu-world-express-invests-rs-267-7-crore-in-joint-venture-with-gati-for-30-holding/articleshow/14464602.cms

Boeing commences flight test programme of Indian Navy's P-8I maritime aircraft ahead of December handover Thursday, July 19, 2012 by Devesh Agarwal

US airframer Boeing commenced the flight test programme on the Indian Navy's first P-8I aircraft on July 7. Tail number IN320 took off from Boeing Field in Seattle at 0915 local and landing three hours and 49 minutes later after demonstrating flying qualities and handling characteristics.
The second P-8I aircraft, tail number IN321 performed its initial flight on July 12. Taking off from Renton Field at 15:29 and landing two hours and 14 minutes later at Boeing Field in Seattle. During the flight, Boeing test pilots performed airborne systems checks and took the P-8I to a maximum altitude of 41,000 feet prior to landing.



Click below to read on:
http://www.bangaloreaviation.com/2012/07/photos-boeing-commences-flight-test.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29

Thursday 19 July 2012

e-freight, a sustainable component of Cargo from StB News IATA


The e-Cargo Conference that took place at the IATA premises in Geneva on 26-27 June  provided the opportunity to review the progress made by the Global Air Cargo Advisory Group (GACAG). This group formed by IATA, FIATA, TIACA and the Global Shipper’s Forum (GSF) aims to align the industry around common goals and tactical approaches on e-freight.


The IATA e-Cargo Conference 2012 that took place in Geneva between 26-28 of June was the first event of its kind organized for the Cargo Industry worldwide.
The theme of the event Making e-freight the Industry standard, attracted over 160 delegates from more than 40 countries worldwide.
Click below to read on
http://www.iata.org/whatwedo/stb/newsletter/Pages/GACAG-update-on-e-freight.aspx

Monday 16 July 2012

India, US close to inking over $600 m jet engine deal

India and the US are close to signing a deal worth over $600 million for supplying 99 jet engines that would be used in the indigenous Light Combat Aircraft ‘Tejas’ being developed by the DRDO.
Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3642619.ece?ref=wl_industry-and-economy

Growing air traffic will fuel airport construction in India


Burgeoning air traffic would prompt construction of second airports in five major metros and a third in Mumbai as an estimated $30 billion would be invested on such infrastructure over the next decade, an aviation consultancy firm has said.
Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3642521.ece

Sunday 15 July 2012

The 5 Airlines That Make the Most in Fees By STEVE YODER, The Fiscal Times

If you’re an air traveler, you need advanced web-sleuthing skills to figure out how much it will actually cost you to fly these days. New airline fees have sprouted up everywhere, and you can track them down if you find the right page on your carrier’s website.


Click to read on
http://www.thefiscaltimes.com/Articles/2012/06/14/The-5-Airlines-That-Make-the-Most-in-Fees.aspx#page1

Friday 13 July 2012

CIVIL AVIATION Losing Authority SAGNIK DUTTA in New Delhi

The Airports Authority of India becomes another victim of the government’s obsession with “modernisation” and privatisation.


Terminal 3 of the Indira Gandhi International Airport in Delhi. Privatisation has made the airport one of the costliest in the world.
In a major embarrassment to the government and the private developers of Delhi’s international airport, the International Air Transport Association (IATA) recently slammed the airport regulator for allowing an exorbitant 346 per cent increase in the user development fees (UDF) to be levied on passengers.

Click to read on:

http://www.frontlineonnet.com/stories/20120727291404100.htm

GPA will give India access to $1.7 trillion procurement market


With India evaluating pros and cons of joining the WTO's global procurement agreement (GPA), a senior official of the multilateral body today said being a part of the pact would give New Delhi access to about USD 1.7 trillion procurement market. Currently, India has an observer status in this plurilateral pact.

PTI

Click below to read on:

http://www.samachar.com/GPA-will-give-India-access-to-17-trillion-procurement-mkt-mhnrT7hfbii.html?utm_source=teamwiyi_newsletter&utm_medium=email&utm_campaign=samachar_newsletter

Wednesday 11 July 2012

Special Report: Jet Airways 2012 Financial Analysis and 2013 Outlook in Bangalore Aviation on Wednesday, July 11, 2012 by Vinay Bhaskara

Jet Airways reported a large net pre-tax loss (Jet Airways and JetLite combined) of Rs. 1,331 Crore for fiscal year 2012, a very disappointing result. Revenue and passenger growth were robust as usual at 14.8% and 16.3% respectively. But the carrier's net margin of -8.5% is indicative of tangible flaws in the business, and goes beyond the explanations of higher fuel prices and rupee depreciation given by Jet, though these factors did play a major role.
Click to read on


http://www.bangaloreaviation.com/2012/07/special-report-jet-airways-2012.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BangaloreAviation+%28Bangalore+Aviation%29

Tuesday 10 July 2012

After winning Amritsar pod car project, Fairwood plans factory in Noida MAMUNI DAS

Fairwood, the company that is introducing the pod car in India in a tie-up with the UK-based Ultra, plans to set up a manufacturing factory in the National Capital Region in Noida, Greater Noida or Gurgaon over the next four five months.
Click at the link below to read on


Pod car, used in personal rapid transit sytem designed by UK-based firm Ultra


http://www.thehindubusinessline.com/industry-and-economy/logistics/article3624428.ece?homepage=true&ref=wl_home

Saturday 7 July 2012

Vessel management system goes hi-tech at Chennai port T. E. RAJA SIMHAN

High tech surveillance systems will now continuously monitor ships that are entering the Chennai waters.
Click to read on
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3609416.ece?homepage=true&ref=wl_home

PM assures early amendment of shipping laws: Kerala CM


The Kerala Chief Minister, Mr Oommen Chandy, has said that the Prime Minister has assured him that he would direct the Shipping Ministry to expedite relaxation in shipping laws.
Click to read on:
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3613063.ece?homepage=true&ref=wl_home

Russia unveils world's longest cable bridge



http://in.news.yahoo.com/photos/widescreen-record-breaking-bridges-slideshow/