Archive for August, 2006

India not to give military aid to Lanka

August 30, 2006

Prime Minister Manmohan Singh on Wednesday assured Marumalarchi Dravida Munnetra Kazhagam chief Vaiko that India would not offer any military help to Sri Lanka.

The prime minister also said he will meet Tamil MPs from Sri Lanka.

”India will not do anything that will strengthen Sri Lankan military,” Dr Singh assured Vaiko, who called on the prime minister after holding a demonstration outside the Sri Lankan High Commission protesting against the military offensive against the Liberation Tigers of Tamil Eelam.

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EADS Unveils New Delhi Subsidiary, Indian Defense Market Plans

August 30, 2006

Europe’s major aerospace company, EADS, has set up a subsidiary in India as part of its long-term strategy to establish a presence in the growing Indian aerospace market.

Company spokesman Gregor Kursell said Aug. 29 that EADS will hold 100 percent equity in the subsidiary, EADS India Private Ltd., which will operate from here. The details of the investments and business plans have not been made available.

“India is a priority country for EADS, as it offers market potential and solid aerospace and defense competencies,” Kursell said. “We will facilitate the creation in India of training centers for pilots and mechanics, maintenance and spare-parts distribution centers.”

For instance, the company will open the EADS Technology Centre India, which will employ more than 2,000 professionals.

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EADS plans to invest 2 bn euros in India

August 30, 2006

Aerospace major, European Aeronautic Defence and Space Company or EADS is planning an investment of two billion euros in India over the next 15 years, reports CNBC-TV18. The company will also employ around 2,000 people. The EADS Group, which also includes the aircraft manufacturer Airbus, says it will start an engineering center for Airbus in India next year.

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Is Air Sahara converting into a low-cost carrier?

August 30, 2006

Air Sahara is converting four of its Boeing aircraft into all economy class configuration, in what could be the first signs of the airline considering a change in its profile from a full service carrier to a low-cost carrier. Air Sahara’s current fleet consists of 20 Boeing aircraft and it is likely that most of them will be converted into all economy class, according to sources.

Air Sahara may phase out business class from several sectors, barring Mumbai-Delhi, and a few other metro routes.
 
Sources also said that the load factor of Air Sahara’s business class is dismally low and it could capitalise on the growing market by converting into an all economy class carrier.

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Airbus, Boeing announce major plans for India

August 30, 2006

The world’s two largest aircraft manufacturers, Airbus Industrie and Boeing, today announced major initiatives in India including setting up a technology centre and maintenance, repair and overhaul (MRO) facilities.

The European initiatives would be undertaken by EADS, an aerospace, Defence and related services company that is also part owner of Airbus Industrie.

Separately, at a function in Mumbai today, the Minister for Civil Aviation, Mr Praful Patel, announced that Boeing would invest $185 million to set up an MRO facility and aeronautical and flight training centre at Nagpur. The new facility would come up near the airport.

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Aerostar-FSA pact for pilot training

August 30, 2006

Aerostar Aviation has joined hands with the Flight Safety Academy (FSA) of the US in order to impart commercial pilot’s training in India, according to a company release.

FSA is one of the world’s largest pilots training academies in the world with 43 learning centres in Europe and America. The course fee will be around $51,000 and can be paid in equal monthly instalments. Aerostar has tied up with various banks to make loans easily available to students.

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SriLankan offers flexi travel package

August 30, 2006

SriLankan Airlines has teamed up with the Taj group of hotels to offer a flexible two-in-one holiday package that allows passengers to stay two nights in Kerala and another in Sri Lanka. The packages start at Rs 18,840 a passenger (excluding taxes) for three nights.

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Rolls-Royce plans MoU with HAL

August 30, 2006

Rolls-Royce Corporation plans to enter into a memorandum of understanding (MoU) with the Bangalore-based Hindustan Aeronautics Ltd (HAL) to build a long-term strategic relationship to meet the business needs in the area of helicopters.

“We hope to have a joint roadmap by the end of this year. The MoU would spell out the focus areas,” said Mr Scott A. Crislip, President (Helicopter and Small Turbine Engines), Rolls-Royce Corporation.

Helicopters are one of the principal market sectors of Rolls-Royce’s defence aerospace business. Mr Crislip is on a short visit to India to hold talks with industry, including the top brass of HAL.

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Wet lease for those wet behind the ears

August 30, 2006

Airline industry jargon can be notoriously difficult to understand. For instance, code shared flights aren’t about secrets a la Da Vinci, as much as APEX fare isn’t the highest. In all probability, you may toss in sleep if told about ghost seats, and be disappointed when free stopovers aren’t enjoyable. Open jaw ticketing can make many a jaw drop, and yield management may remain as inscrutable as any other management term. And there are more, such as double booking, standby travel and tier pricing, which you can pick up on www.skitrips.net/faqs/air/jargon.html.

However, a phrase that is missing on SkiTrips is `wet lease’, that often pops up in news. `Pilot shortage leads Air India to seek wet-leases,’ reads the headline of a Singapore-datelined report by Leithen Francis on www.flightglobal.com. “The national carrier is seeking up to four long-haul aircraft, two to be wet-leased for 11 months starting 1 October and two to be wet-leased for 21 months starting on October 1, according to details in a tender document posted on Air India’s website,” writes Francis.

Inability to get `enough captains’ is the reason for `seeking wet-leases rather than dry-leases’ informs a snatch, citing AI’s spokesperson. If `wet lease’ is airline-speak that makes you realise that you are wet behind the ears, or leaves you high and dry, here is a zero base to help.

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SriLankan to launch Goa-Colombo service

August 30, 2006

SriLankan Airlines will be launching its new service to Goa from Colombo in October.

SriLankan is already operating 100 flights a week from ten destinations in India. According to Mr Chandana De Silva, Head of Corporate Communications, SriLankan Airlines, the Goa-Sri Lanka circuit offered a huge potential.

Mr Chandana, who was here in connection with the announcement of a tie-up between SriLankan and the Maldives Tourism Board for a dual destination package, told Business Line that the tourist flow from India, which averaged 1,00,000 every year, was growing at 10 to 12 per cent.

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