The Hindu Business Line : Wednesday, June 22, 2005

India will require 570 planes by 2023: Airbus
WITH the economy booming, European aircraft manufacturer, Airbus Industrie has increased its estimate of the number of aircraft India will need by 2023. Addressing a press conference here, on Tuesday, the company's Vice-President, Sales, Mr ... More

`Upgradation of airports must be given priority'
WITH Indian companies placing orders for about 300 aircraft at the Paris Air Show, the focus has now turned to the poor infrastructure at the country's airports, according Mr D. Sudhakara Reddy, founder and President, Air Passengers' Association ... More

Airlines must operate from smaller centres too: Praful Patel
SOUNDING a note of caution on the domestic airline companies' recently announced fleet expansion plans, Mr Praful Patel, Minister for Civil Aviation, has said the Indian aviation market had not yet matured and companies entering the sector should ... More

Airbus urges IA to speed up purchase decision
INDIAN Airlines could see a delay in the delivery of the Airbus aircraft that it plans to acquire unless a firm decision is taken on the order soon, senior Airbus officials said here on Tuesday. Emphasising that the manufacturer was not ... More

`Aviation sector faces many a constraint'
THE ambitious aircraft acquisition plans announced by a clutch of Indian carriers at the Paris Air Show last week continued to reverberate through proceedings at a two-day conference on aviation and tourism investment here. The sense of ... More

SHIPPING

Chennai port sets up facility to handle oil spills
THE Chennai port is now better equipped to handle oil spills within its limits. It has set up an oil spill response facility that can handle spills of up to 100 tonnes. Major oil companies using the port handed over equipment worth Rs 1.25 ... More

Rajiv Gandhi box terminal pre-staging yard to be ready soon
DUBAI Port International Terminals, which has taken over the container terminal operations at the Kochi Port, is in the process of introducing more facilities at the Rajiv Gandhi Container Terminal as per the company's plan to develop the ... More

Kerala hopeful of construction pact for Vizhinjam project
In the remote scenario of the Government finding that none of the bids measures up to its terms and stipulations, it may explore the possibility of the company going ahead on its own to take up works such as construction of breakwaters and land recla mation. More

RAILWAYS

Rlys earns Rs 2,935-cr freight revenue in May
THE Indian Railways has earned Rs 2,935.65 crore by transporting 55.26 million tonnes of revenue freight during May 2005 compared with Rs 2,505.88 crore from 48.79 mt in the corresponding period last previous year. In terms of earnings, it ... More

Rlys has no plan to hike tariffs; to take Rs 400-cr hit
THE Railways is unlikely to increase its passenger or freight tariffs despite the Rs 2 hike in diesel prices. The hike is expected to cost the Railways an additional Rs 400 crore every year. "We are not considering a hike in the passenger or ... More

`Form independent corporation to run freight corridor project'
The chamber feels that feeder lines connecting the freight corridor required upgradation for higher axle load. More

Ships in Ports

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