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Sunday 30 September 2012

Will Vijay Mallya ditch Kingfisher Airlines to save United Spirits?

Will Vijay Mallya ditch Kingfisher Airlines to save United Spirits?
Times of India
He was frantically trying to save his empire, spanning businesses as diverse as spirits and an airline, from going under. He was in talks with investors to revive his floundering carrier, Kingfisher Airlines, and his relatively chipper liquor business ...
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Times of India
Kingfisher Airlines engineers go on strike
Economic Times
MUMBAI: A section of engineers of the near-bankrupt Kingfisher Airlines went on a strike this evening over non-payment of salaries, affecting the flight operations. "Engineers from New Delhi and Mumbai bases are on strike since today demanding ...
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Economic Times
American Airlines vs. The Pilots: What Really Going On
Peter Travel News
As this past week drew to a close, the labor dispute between the Allied Pilot Association, the union that represents 10,000 American Airline pilots, and American Airlines intensified. Going into the weekend, the airline saw high flight cancellations ...
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Airlines have cut short-haul routes, service to small cities
Los Angeles Times
A spokeswoman for Airlines for America, a trade group that represents the nation's airlines, said the industry has cut many domestic flights and reduced seating but only to better match demand. Also: Most Americans want Wi-Fi on planes but don't want ...
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Airline stocks soar on aviation FDI policy change
Indian Express
The very announcement of the government's decision to allow foreign airlines to invest in domestic carriers has sent the stocks of Kingfisher Airlines and SpiceJet soaring, the exception being Jet Airways that has seen its stocks decline. The biggest ...
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Southwest Airlines brings dozens of Iowans, including pilot, home
The 46-year-old pilot was at the controls of the Boeing 737 that arrived at that time and marked the beginning of Southwest Airlines service in Des Moines. The low-fare carrier will offer twice-daily flights to Chicago's Midway Airport starting at 6:55 ...
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New terminal to miss Puja date as airlines refuse to move in
Times of India
The recent honeybee invasions at parking bays in front of the new terminal may have played a role in the airlines' insistences on aerobridges. The Airports Authority of India (AAI) was keen to inaugurate the terminal on the eve of Puja by getting at ...
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Recession can help savvy new entrepreneurs
Tulsa World
Jeanine Hamilton, owner of the staffing company Hire Partnership, wears a headset while working at her office in downtown Boston. Hamilton was laid off from her job in June 2008 and then started her own business despite the economic downturn. Steven ...
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KU studies link recession, education opportunities
Kansas City Star
While the recession also depleted middle- and upper-income earners, the studies found those groups likely were able to maintain financial advantages that kept access to a college degree within reach. However, the studies concluded that recession ...
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Studies link recession, education opportunities
Sacramento Bee
The reports, released earlier in September, looked at the instability caused by the Great Recessionand the effect on children's educational opportunities. The conclusions were that lower-income residents lacked the financial assets to weather the ...
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As Fiscal Cliff Nears Markets Ponder a Rougher Ride
Even so, investors remain confident Congress will avoid plunging off the cliff, an outcome the Congressional Budget Office has warned would trigger "a significant recession" and the loss of about 2 million jobs. Chatter in Washington suggests a mini ...
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Museum Attendance Resists Recession
Museum management at the Rockwell Museum says even during a recession, attendance hasn't slowed down. The American Association of Museums says 70 percent of its museums were under economic stress last year because of increased expenses.
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State economy needs a new tailwind, by Steve Norton and Daniel Barrick
The Keene Sentinel
The Great Recession disrupted much of the New Hampshire economy, as it has across the country. But it is a mistake to assume that the recession is the sole reason for the recent slowdown in the state's economic engine, or that, once the impacts of the ...
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The East European Miracle: How Did Poland Avoid The Global Recession?
International Business Times
WARSAW, Poland -- As the European Union fell into a recession that began in 2008 and in some countries continues to this day, only one nation in the region escaped unscathed and kept growing while the others saw their economies fall. That title belongs ...
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New report tracks rise in poverty rates after recession
Pueblo Chieftain
Meanwhile, the socioeconomic gap between Colorado's urban and suburban areas remains in place even with the recession taking its toll across-the-board, according to the 2011 American Community Survey. In Boulder County, the poverty rate in the city of ...
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Taxes not following area property values' slide
Rockford Register Star
ROCKFORD — Property values have plummeted in the wake of the Great Recession, yet homeowners in the Rock River Valley continue to pay more property taxes. Last year, even though property values countywide declined by 4.3 percent, 56 of the 86 ...
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