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Friday 2 November 2012

Minister of State for Civil Aviation KC Venugopal hold meeting with AAI officials

Sir Howard Davies launches aviation probe
Telegraph.co.uk
The Davies Commission will produce an interim report by the end of next year looking at how existing runways can be used to maintain Britain's status as an internationalaviation. This would re-open the possibility of "mixed mode" at Heathrow ...
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Telegraph.co.uk
Minister of State for Civil Aviation KC Venugopal hold meeting with AAI officials
Economic Times
During the meeting, he was apprised about various AAI projects by its Chairman V P Agarwal and senior officials of the Civil Aviation Ministry, a statement said. Venugopal took over charge on October 29 and said coordinated efforts were needed by all ...
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Israeli aviation regains highest safety rating
Israel Hayom
The U.S. Federal Aviation Administration declares that the Israel aviation authority has reestablished its top-level safety status • Israeli carriers running flights to the U.S. expected to benefit from the upgrade. Ilan Gattegno and The Associated ...
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CAAP: No final aviation audit yet
Philippine Star
MANILA, Philippines - Civil Aviation Authority of the Philippines (CAAP) director William Hotchkiss dismissed yesterday reports that the Philippines had failed to pass an audit of the International CivilAviation Organization (ICAO), which allegedly ...
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Aviation-themed park debuts at SC airport
AOPA Pilot
Member Alert: AERObridge is coordinating limited general aviation relief flights into Farmingdale, N.Y., and Toms River, N.J., and is seeking volunteers to make the flights as well as donate items including food, water, and clothing. For more ...
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AOPA Pilot
Aviation blooms in the Mideast
The Leading Aviation Industry Resource for News, Equipment and
THE International Air Transport Association (Iata) has lifted its global aviation outlook for 2012 stating that the airlines industry will earn a $4.1 billion profit for the year compared to $3 billion forecast in June. Middle East carriers are ...
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Sir John Armitt named aviation commissioner
Construction News
... between 1997 and 2001, and of Network Rail between 2002 and 2007. In August, he called for “vision and guts” in aviation policy, challenging the government to stop deliberating and make a decision on its options for capacity expansion in the South ...
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The Real Deal: Why 'Cloud' Is No Longer Sufficient

Cloud computing in 2013: a conversation with Appcore's CEO
ZDNet
Brian Patrick Donaghy, CEO of Appcore, reached out to me to discuss the five things he expected to see in the cloud computing market in 2013. Since his company is in the business of providing Infrastructure-as-a-Service (IaaS) tools, it appeared to be ...
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Microsoft needs to step up its cloud game
InfoWorld
As InfoWorld's Ted Samson pointed out this week, Microsoft is intertwining Windows 8, Windows Phone 8, and Windows Azure to help developers build multiplatform, cloud-friendly apps. And it announced a batch of new services and functionality for its ...
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Confidence key for cloud computing revolution
PublicServiceEurope.com
The European Commission says it thinks cloud computing can drive €900bn additional gross domestic product growth and create 3.8 million new jobs in the European Union, all by the end of the present decade. Of course one never quite knows what to make ...
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PublicServiceEurope.com
Amazon speeds up EBS storage input-output — again
GigaOM
... as more public cloud options come on line. awslogojpeg. Some computing and storage tasks require faster data input/output than others. ... Earlier in the week it unveiled two new 64-bit instance types for Amazon's bread-and-butter Elastic Compute ...
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The Real Deal: Why 'Cloud' Is No Longer Sufficient
Wired (blog)
Cloud computing is the future of IT. It's a game-changer that is setting a whole new paradigm for our industry. CIOs and high-level IT executives across all market verticals are expected to put a plan for cloud in place, or better yet, to have already ...
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Wired (blog)
Keeping cloud computing reliable in the storm, and Russia's new Internet ...
Marketplace.org
Katryn says this has taught her something about so-called cloud computing, "I've always visualized a cloud, I mean I think we all do, as being fluffy white air we can access things through it -- our Facebook and our Twitter and our Tumblr accounts. But...
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Marketplace.org
Double-strength cloud to give Aussie researchers a boost
Sydney Morning Herald
Australian researchers will receive a much-needed boost when the free cloud computing resources they use to investigate climate change adaptation, tectonic plate movements and high-energy particle physics, among other things, double in size this month.
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Sydney Morning Herald
Microsoft picks city for cloud computing
EastDay.com
MICROSOFT Corp has chosen Shanghai as the first city in China for commercial and public cloud computing services, Microsoft and the Shanghai government said yesterday. "It's a milestone agreement to show Microsoft's commitment to China," said Ralph ...
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Cricket Australia deploys Orange's cloud computing solution
Equities.com
Nov 02, 2012 (Datamonitor via COMTEX) -- Orange Business Services has won a contract with Cricket Australia to deploy its cloud computing solution Flexible Computing Premium and transform its IT infrastructure into a flexible and scalable platform to ...
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DIGI INTERNATIONAL INC. : Digi International Acquires Etherios, a Leading ...
4-traders
"Etherios is a world-class cloud computing services provider with a proven track record of successful domestic and global deployments," said Joe Dunsmore, CEO, Digi International. "We believe Digi's deep device expertise combined with Etherios' ability ...
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Zambian High Commission has approached Kingfisher Airlines Ltd to pay Captain Robbin Mubanga, the Zambian Pilot, Salary - $24,000 or about Rs 13 lakh


Other Govt would do same soon :(

Zambia seeks MEA help to make Kingfisher pay Pilot

The ongoing Kingfisher crisis has now acquired diplomatic overtones. The Zambian high commission has approached the ministry of external affairs (MEA) to take up the issue of non-payment of salary - $24,000 or about Rs 13 lakh - to one of its nationals who worked as a pilot in the currently grounded airline.
MEA, in turn, has written to the aviation ministry, seeking "an urgent response to inform the friendly government of Zambia on the status and redressal of the complaint."

Captain Robbin Mubanga, the Zambian pilot, quit Kingfisher as the airline had stopped paying salary since March and now in past 10 days given two months' pay to staffers, who are still on its rolls. He then took up the issue with his government and then the Zambian foreign ministry got in touch with its high commission here.


“It’s not just the owner who suffers, it’s also the employees, the creditors and the consumers,” Singh said in an interview in New Delhi on Oct. 27. “Reform of the companies law will not only offer protection from creditors, but also from labor unions and other agencies.”






Kingfisher Woes Show Need for Bankruptcy Law: Corporate India
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Mattivi sworn in as Shawnee County District Court judge
Topeka Capital Journal
"Mary has an inquiring mind, a compassionate heart, the soul of a mother, and the sharp intellect of an advocate, all of which will bode well for her as she listens to people, considers arguments of counsel and untangles complex problems in court ...
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Poonam Pandey's debut film is titled Nasha
Hindustan Times
related stories. TWITTER CANDY: Poonam Pandey on holiday · LEAKED PIC! Poonam Pandey gets raunchy for debut film photoshoot. the years to come," says the 21-year-old Kingfisher model. The film is produced by Surender Suneja and Aditya Bhatia.
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Hindustan Times
Jet Airways beats street as Q2 loss narrows sharply, shares rise
Reuters
Jet, which posted its first quarterly profit in 18 months last quarter, has benefited from a shutdown at rival Kingfisher Airlines which has eased over capacity and allowed other airlines to increase their fares in India's competitive airline industry ...
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Vijay Mallya sells shares of his holding company in a low-key manner
India Today
Mallya is fighting to get Kingfisher Airlines back in air after employees, unpaid since April, struck work and the aviation regulator raised questions on air-worthiness of its aircraft. In the July-September quarter, three Mallya-controlled companies ...
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India Today
Hong Kong Investor Bravia Capital To Invest In Indian Carriers: SpiceJet ...
DealCurry
Whereas SpiceJet needs the funds to finance the aircraft purchase (was planning to book aircraft orders with either Airbus or Boeing) and Kingfisher would the need the funds, if not for anything else, to survive (surrounded by debt troubles and ...
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High school football: Hennessey whips Alva, wins District 2A-1 championship
NewsOK.com
The Eagles completed an unbeaten District 2A-1 schedule, losing only to Class 3A powers Jones and Kingfisher in non-district play. Hill, who shared carries with Ivan Moreno the past two seasons, became the featured tailback this year with Moreno's ...
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Monsanto India Limited Record Date
Moneycontrol.com
Kingfisher Air pays second month salary overdues to staff. Will KFA manage to resume operations withing a month? 70 comments. Yes. No. KG Basin row: CAG slams Oil Ministry, says RIL's terms unconstitutional · Protester at Kejriwal press meet has links ...
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Thank God :-) HSBC suspends MF, insurance sales in India amid allegations of mis-selling

Concentration risk in debt, liquid funds?
mydigitalfc.com
The latest half-yearly period of April to September did not see any departure from the normal concentration levels of investors in the mutual fund industry, as per Association of Mutual Funds in India's (Amfi) latest quarterly update on scheme category ...
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HSBC suspends MF, insurance sales in India amid allegations of mis-selling and ...
Times of India
MUMBAI: HSBC, the word's third-largest bank, has stopped selling insurance and mutual fundproducts in India. Amid mounting allegations of mis-selling and certain sharp practices, the London headquarters of the British bank, which carried out a ...
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Technology sector funds worst performer last month
Economic Times
MUMBAI: Technology funds as a category appeared at the bottom of the performance charts with a loss of 4.38% in the last month ended November 1, says Value Research, a mutual fund tracking entity. All five schemes in this category put together manage ...
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Stock Mutual Fund Outflows Up But Advisers Not Bailing
Wall Street Journal
A mix of poor returns by star managers compared to their benchmarks and heightened market volatility is behind multiyear outflows in stock mutual funds, says Greggory Warren, a Morningstar analyst. But when compared to overall asset levels of other ...
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Wall Street Journal
Aberdeen Exits German Property Mutual Funds to Serve Big Clients
Bloomberg
Aberdeen Asset Management Plc (ADN), which is winding down its German property mutual fundsafter failing to meet investor redemption requests, plans to stop offering funds to individuals and focus on banks and insurers. Aberdeen's German unit raised ...
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ING MF changes mode of dividend reinvestment for some funds
Moneycontrol.com
ING MF changes mode of dividend reinvestment for some funds. ING Mutual Fundpursuant to the announcement of following Single Plan structure has announced changes in some schemes. Source: Moneycontrol.com. Share · Tweet · Share on Tumblr ...
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Moneycontrol.com
This week's Mutual Funds and ETF stories
MarketWatch
And sitting in a fast-food restaurant with those power-hungry power investors, Jaffe ran into onemutual-fund manager whose surprising attitude and outlook about the unpredictable circumstances hold two great lessons for individuals, regardless of ...
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NAVs surge as markets delivered good performance
Moneycontrol.com
Fri, Nov 02, 2012 at 09:55. NAVs surge as markets delivered good performance. Equity and Debt Mutual Funds ended in green recording very few decline as both the markets delivered good performance. Source: Moneycontrol.com. Share · Tweet · Share on ...
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Kingfisher Woes Show Need for Bankruptcy Law: Corporate India

Bye Bye Sandy, Airlines will Take Off again




Resume flights

Post-Sandy, Airlines to resume flights

Major US airlines moved to build up service in the New York area on Thursday, with the number of cancelled flights easing as LaGuardia Airport re-opened for business in the wake of Hurricane Sandy.

Airlines had canceled about 750 flights for Thursday as of late afternoon, according to flight-tracking service FlightAware.com. That was the lowest daily tally of halted flights since airlines began cutting their US flying on Sunday ahead of the storm.

Delta Air Lines expected to operate about half of its roughly 260 flights at LaGuardia on Thursday. At John F Kennedy International, Delta operations are near the normal schedule, said spokesman Morgan Durrant.

United Continental expected to have a more-or-less normal schedule of flights at Newark, New Jersey, where it is the dominant carrier, and JFK, according to spokesman Charles Hobart. We're looking to concentrate any cancellations required by airport conditions to the United Express regional operations, he added.

Meanwhile, American Airlines planned to build up to full schedules at LaGuardia and Newark. Spokesman Kent Powell said the AMR Corp unit added extra flights into JFK to assist customers that had been stranded by cancellations earlier in the week.

New York-based JetBlue Airways said it planned to operate 80 percent of its total flights on Thursday, ramping up to a full schedule by Saturday. US Airways began flights at JFK and Newark on Thursday and will resume service at LaGuardia on Friday, spokeswoman Michelle Mohr said.

US carriers, which have canceled nearly 20,000 flights from Sunday through Thursday, have lost millions in revenue in Sandy's wake, airline watchers said. The New York-area airport closures had a trickle-down effect as airlines were forced to cut flights in other major cities.





Global airline passenger traffic growth slows: IATA
Economic Times
"The fact that airlines are making any money at all with weak markets and high fuel prices is a tribute to their strong business performance," IATA chief executive Tony Tyler said in the statement, before adding: "It's a tough year." He stressed ...
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Japan Airlines profit soars but China spat weighs
Economic Times
TOKYO: Japan Airlines on Friday raised its full-year profit forecast to $1.74 billion as the carrier, which only exited bankruptcy last year, released its first results since re-listing on Tokyo's stock market. The airline -- whose collapse was one of ...
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Post-Sandy, Airlines to resume flights
Indian Express
Major US airlines moved to build up service in the New York area on Thursday, with the number of cancelled flights easing as LaGuardia Airport re-opened for business in the wake of Hurricane Sandy.Airlines had canceled about 750 flights for Thursday ...
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Kingfisher Airlines' employees get second installment of their salaries
Economic Times
NEW DELHI: Employees of cash-strapped Kingfisher Airlines received a second installment of salaries as part of a deal between the company management, who promised to clear four months' payment dues by December, and employees, who, in turn, ...
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Economic Times
Hong Kong-based firm Bravia Capital eyes investment opportunities in India's ...
Economic Times
MUMBAI: Hong Kong-based investment firm Bravia Capital is eyeing investment opportunities in Indian airline companies despite a negative sentiment pervading the aviation market. The firm that has made investments in air transport and logistics ...
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Economic Times
DIAL asks Kingfisher Airlines to vacate international business lounge at T3
Economic Times
NEW DELHI: Kingfisher troubles don't seem to end. After Airports Authority of India (AAI) asking it to vacate hangars at Chennai and Kolkata, the GMR-run Delhi airport has asked it to give up the huge business lounge it has on the international side of ...
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Economic Times
Virgin throws down challenge
Sydney Morning Herald
What's more, through some fancy footwork early this year Borghetti rejigged Virgin's ownership structure to enable more foreign investors and airlines to buy in. Virgin retained its rights as an Australian airline even though nearly two-thirds of its ...
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Sydney Morning Herald
Jet Airways beats street as Q2 loss narrows sharply
Times of India
Jet, which posted its first quarterly profit in 18 months last quarter, has benefited from a shutdown at rival Kingfisher Airlines(KING.NS) which has eased over capacity and allowed other airlines to increase their fares in India's competitive airline ...
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United Airlines takes delivery of second 787 Dreamliner
Chicago Tribune
(Reuters) - United Airlines said on Thursday it had taken delivery of its second 787 Dreamliner jet from Boeing , following a delay by the aircraft maker, and that another three 787s due to arrive this year could also be delayed. United is the first U ...
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Singapore Air Posts Lower-Than-Estimated Profit on Cargo Slump
Bloomberg
Operating profit at the main airline unit fell 5.6 percent to S$84 million in the second quarter. The engineering division's earnings fell 5.9 to S$32 million, while regional carrier SilkAir boosted profit 46 percent to S$19 million. The figures were ...
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