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| Software firms offer cost-cutting solutions to anxious carriers | 14th Jul, 08, Mint |
As India’s ailing airlines run out of options to cut costs, technology firms are pulling out travel software that could help these carriers save some more. |
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| 13.5% rise in inflow of foreign tourists to India | 13th Jul, 08, Asian Age |
Government efforts to make India an attractive tourism destination is bearing fruit with foreign arrivals increasing by 13.5 per cent in the government figures available. |
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| Hong Kong airline increases fares by up to 15 per cent | 13th Jul, 08, Business Line |
Hong Kong's flagship airline Cathay Pacific Friday increased fares for first and business-class passengers by up to 15 per cent to counter soaring oil price rises. |
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| Airlines’ problems: consolidation can help | 13th Jul, 08, The Hindu |
Facing the heat with spiralling fuel prices, the intensively competitive Indian aviation industry now has to contend with negative growth in domestic air traffic as well. |
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| Air traffic declines first time in four years on back of rising fares | 12th Jul, 08, Mint |
Air traffic growth contracted in June for the first time in nearly four years as rising fares deterred travellers, and at least one airline executive said he expects the decline to accelerate. |
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| Thomas Cook drops sale plan | 12th Jul, 08, Asian Age |
British travel group Thomas Cook has dropped plans to sell its German unit Condor to low-cost airline Air Berlin, and has also suspended a share buy-back programme, Thomas Cook said on Friday. |
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| Firm on format, India refuses to budge | 11th Jul, 08, Mint |
Despite pleas from international carriers and foreign governments, India has declined to tweak the format in which passenger information has to be provided to aviation and security authorities but agreed to extend the deadline for airlines by another month. |
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| Jet gets govt nod to fly on Dubai route | 11th Jul, 08, Mint |
Public sector Air India’s monopoly over the lucrative Dubai sector is over. The government has given permission to Naresh Goyal-owned Jet Airways and JetLite (formerly Air Sahara) to fly on this sector. It has also given in-principle approval to Air Deccan to operate on the route. |
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| Now, made-in-China aircraft for Indian sky | 11th Jul, 08, Financial Express |
The Chinese aviation authority and India’s Directorate General of Civil Aviation (DGCA) are in the process of coming to an agreement, which will result in both the authority certifying indigenous aircraft of each country. |
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| Charter operators to pay Rs 1,000cr as taxes for aircraft imported under NSOP | 10th Jul, 08, Business Standerd |
Charter operators might have to cough up Rs 1,000-Rs 1,200 crore as taxes and penalty for aircraft that they have imported under the Non-Scheduled Operators Permit (NSOP) even though they are being put on personal use. |
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