The Hindu Business Line : Wednesday, May 18, 2005

SpiceJet comes up with Rs 99 offer
THE scramble to attract air travellers is hotting up with newest airline entrant, SpiceJet Ltd coming up with a `Red hot special fares' with offer of tickets priced as low as Rs 99. The airline, which commences operations on May 23, will ... More

Air India proposes more flights to UK from South
AIR India (AI) is considering launching flights to the UK from more South Indian cities, the airline Chairman and Managing Director, Mr V. Thulasidas, has said. Talking to Business Line on board the inaugural flight of the airline on ... More

Laid down norms followed in Boeing aircraft deal: Minister
IN an effort to put to rest the controvery surrounding the decision of Air India to acquire 50 Boeing aircraft, the Minister for Civil Aviation, Mr Praful Patel, has said that the airline had followed laid down procedures in acquiring the ... More

bmi starts Mumbai-London service
DEREGULATION of air traffic on the India-UK sector and competitive fares will boost direct, non-stop services operated by British and Indian carriers between the two countries. According to Sir Michael Bishop, CBE, Chairman, British Midland, ... More

SHIPPING

AP proposal for ship-breaking unit at Kakinada opposed
KAKINADA: The Kakinada Rate-payers' Association, Citizens' Forum, Consumers' Council and Telephone Users' Association have condemned the proposal of the State Government to permit ship-breaking units here "as it will have disastrous ... More

Shell to pump in Rs 3,000 cr for Hazira terminal — Looking for joint venture partners
LOOKING for other revenue earning options from the Hazira project, Royal Dutch/Shell Group on Tuesday said that it plans to invest Rs 3,000 crore for setting up a container terminal. The company is looking for joint venture partners for the ... More

FINANCIAL PERFORMANCE

Jet Airways Q4 net up 60 pc
JET Airways has reported a 60 per cent increase in its net profit at Rs 133 crore for the fourth quarter of 2004-05 against Rs 82.87 crore in the year-ago period. Higher departures, an improved seat factor and the rise in revenue passengers ... More

RAILWAYS

Centre to hone Rly accountants' skills
C-TARA, the Centralised Training Academy for Railways Accountants, under the Union Ministry of Railways, is all set to go functional here with the launch of two specialised training modules. The Financial Commissioner of the Indian Railways, ... More

IOC to match Reliance's discount to Railways
INDIAN Oil Corporation will match the discount offered by Reliance Industries to the country's largest bulk customer for fuel — the Indian Railways. RIL had offered the Railways a discount of Rs 1,045 a kilolitre on diesel sales. Compared ... More

Rly Board sets 635-mt freight target for 2005-06
THE Railway Board has set the freight traffic target for 2005-06 at 635 million tonnes (mt) against its actual throughput of nearly 602 mt in 2004-05, thus envisaging about 5.5 per cent growth. Last year's throughput at 602 mt represented an ... More

Ships in Ports

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