Aviation Sector

AirAsia to launch direct Kuala Lumpur-Tiruchi flight

AirAsia to launch direct Kuala Lumpur-Tiruchi flightMalaysia-based low-cost air-carrier, AirAsia, has announced that it intends to roll out its operations in India with a daily direct flight between Kuala Lumpur and Tiruchirapalli from coming month (December).

According to the sources, AirAsia would start its daily direct flight to Tiruchirapalli from Kuala Lumpur with a brand new fleet of Airbus A-320.

To draw the clientele, the airline offers a special fares of Rs 699 (excluding airport taxes, fuel surcharges, etc) on the Kuala Lumpur-Tiruchirapalli flight.

Indian Airline Defaults on Payments to GE

Indian Airline Defaults on Payments to GEThe Bangalore-based airline, Kingfisher has defaulted on payments to GECAS. Vijay Mallya's Kingfisher Airlines leased four airplanes from GE Commercial Aviation Services (GECAS). The US Company filed complaint against Kingfisher before the aviation regulator of India for nonpayments.

SAS airline operator in the red

Stockholm - The SAS Group, the operator of the joint carrier
Scandinavian Airlines, on Wednesday posted a pre-tax loss for third-
quarter 2008, citing high fuel costs, the economic downturn and a
goodwill writedown in its Spanish-based carrier.

SAS chief executive Mats Jansson said the group needed to implement
more belt-tightening measures saying the "crisis in the air travel
industry strikes indiscriminately."

He noted the recent bankruptcy of low-cost rival Sterling Airlines, one of some 30 carriers to fold so far this year.

The SAS Group posted a third-quarter pre-tax loss of 1.78 billion
kronor (231 million dollars) compared to a pre-tax profit of 457
million kronor in the corresponding business period of 2007.

Romantic honeymoons in space may be a reality ''by end of this century''

London, Nov 5 : With rapid advances in air travel, newlyweds may get a chance to spend their honeymoon in space by the end of this century, say industry experts.

Finnair, the Finnish airline, outlined its predictions to celebrate its 85th anniversary and said the industry would thrive after overcoming the current economic downturn.

It said that newlyweds would be able to spend a romantic honeymoon in hotels, with holidaymakers being carried around in vast aircraft, just as cruise ship passengers.

An overnight stay could cost the equivalent of around 5,000 pounds.

The airliners will fly at up to five times the speed of sound, cutting short the journey from Europe to Australia to three hours.

SAS airline operator in the red over writedown and high fuel prices

SAS airline operator in the red over writedown and high fuel pricesStockholm - The SAS Group, the operator of the joint carrier Scandinavian Airlines, on Wednesday posted a pre-tax loss for third- quarter 2008, citing high fuel costs, the economic downturn and a goodwill writedown in its Spanish-based carrier.

The SAS Group posted a third-quarter pre-tax loss of 1.78 billion kronor (231 million dollars) compared to a pre-tax profit of 457 million kronor in the corresponding business period of 2007.

Third-quarter sales were 16.36 billion kronor, slightly up year- on-year.

RJD MP manhandles Kingfisher Airlines manager

RJD MP manhandles Kingfisher Airlines managerAkhilesh Prasad Singh, Union Minister and Rashtriya Janata Dal MP, allegedly assaulted the station manager of Kingfisher Airlines at Patna Airport on Monday. The incident took place when he was not allowed to board Patna-Kolkata flight, as he reported late at the airport.

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