The Hindu Business Line : Wednesday, November 27, 2002

Jet Air CEO Forte quits
THE Chief Executive Officer, Jet Airways, Mr Steve Forte, has resigned from his current position from December 1 this year citing personal reasons. In a statement, the airline has said that after 41 years in the airline industry, the last 17 ... More

Consultant named for Air India, IA revamp
AS part of a major revamp exercise, Air India and Indian Airlines have jointly appointed a consultant to formalise a long-term business plan for the two airlines. According to the Minister of Civil Aviation, Mr Shahnawaz Hussain, the consultant ... More

Virgin keen on more London-Delhi flights
IN the New Year, passengers travelling between India and England may have the choice of at least one more weekly direct flight between London and Delhi. The British airline, Virgin Atlantic Airways (VAA) has expressed keenness to operate at ... More

ENVIRONMENT

A slick blame game
WHO signed off on the oil tanker Prestige which sank on November 19 off the coast of Spain and broke in two, spilling over 20 million gallons of oil, roughly double of what the Exxon Valdez dumped into the pristine waters of Alaska's Prince ... More

INFRASTRUCTURE

BIAL financial closure likely by March 31
THE Bangalore International Airport project, on which some token and preliminary construction work will begin on November 29, is now expected to reach financial closure only by March 31, 2003. The enabling amendment to the Airports Authority ... More

SHIPPING

Imports through Kolkata/Haldia — Trade resents submitting special container bonds
THE Customs authorities' insistence on the trade submiting special container bonds for bringing imports in containers through Kolkata/Haldia ports is being resented by a large section of the users of the port. The resentment is all the more ... More

Sethusamudram project — In troubled waters still
AT A press conference held recently, the Minister of State for Shipping announced that work on the long-pending Sethusamudram project would begin after 2003 with an initial investment of Rs 200-230 crore. Even as the Nagpur-based National ... More

EVENTS

French aerospace co eyes India for manufacturing base
FRENCH aerospace major Snecma is planning to expand its small Indian presence by setting up a manufacturing base in the near term to make aircraft engines, components and spares. The possible investment in such a venture could be "well above ... More

ROADWAYS

Talks with tanker owners fail — LPG supply from BPCL, HPCL to be affected
The negotiations with the IOC authorities ended amicably with IOC agreeing to an 8.5 per cent increase in rate. More

Ships in Ports

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