The Hindu Business Line : Tuesday, April 12, 2005

Jet to hike domestic air fares by 12 pc
JET Airways India Ltd has announced that it will hike its domestic air fares by 12 per cent from April 15 on account of the 18-per cent price increase in aviation turbine fuel (ATF) over March. The ATF component for the company is around one ... More

Pilot poaching: Minister exploring ways to minimise passenger inconvenience
THE Civil Aviation Minister, Mr Praful Patel, on Monday held a meeting with top officials of all major airlines to work out a solution to tackle the problem of poaching of trained pilots and engineers. Speaking to newspersons after the meeting, ... More

South African Airways in lease pact with Jet
SOUTH African Airways (SAA) has sub-leased three of its Airbus A340-300 aircraft to Jet Airways, the private carrier that was recently given the nod to commence operations to London, apart from Singapore and Kuala Lumpur. The aircraft lease ... More

India, China sign pact to relax aviation linkages — Joint group moots regional trade arrangement
WHILE moving towards a Regional Trade Arrangement (RTA), India and China today entered into formal understanding to engage in a wide-ranging dialogue over the financial sector and to substantially liberalise civil aviation linkages that would ... More

INFRASTRUCTURE

Preliminary works begin for Sethusamudram
THE preliminary works for the execution of Sethusamudram project has started, given the conditional clearance by the Union Ministry for Environment and Forests. The nod from the Union Cabinet is still awaited. The Tuticorin Port Trust, the ... More

SHIPPING

Cochin Shipyard to build first indigenous aircraft carrier
INDIA has become the sixth country that can build large size aircraft carriers with steel cutting ceremony of the country's first indigenous aircraft carrier being carried out at Cochin Shipyard Ltd (CSL) on Monday. Speaking on the occasion, ... More

Time to expand shipbuilding facilities, says Baalu
THE Union Shipping Ministry intends to encourage setting up of two new international size shipyards as well as expansion and modernisation of existing shipyards to trigger the growth of the shipbuilding industry under the new maritime policy ... More

New norms for marine insurance schemes — IRDA dashes shipping cos' hopes to cut cost
THE new guidelines issued by the Insurance Regulatory and Development Authority (IRDA) for war risk and marine hull insurance schemes have shattered shipping companies' hopes to gain from lower insurance cost in the current fiscal. These two ... More

RAILWAYS

SC Railway handles 14 pc more freight
THE South Central Railway (SCR) has recorded 14 per cent growth in freight loading during 2004-05 with 51 million tonnes (mt), higher by 6.22 mt than the pervious year. This growth, SCR maintained, was about 3 mt more than the Railway ... More

Manmohan to open Jammu-Udhampur rail line project
THE Prime Minister, Dr Manmohan Singh, will flag off the Uttar Sampark Kranti Express and dedicate the Jammu Tawi-Udhampur rail line to the nation at Udhampur on April 13. The 54.85-km Jammu-Udhampur rail line project, which is part of the ... More

Ships in Ports

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