Manila - The Philippines on Tuesday finally opened a new terminal at its main international airport after almost six years of delay due to a dispute with its builders, a German-led consortium.

A pre-dawn flight to Caticlan airport in the central province of Aklan became the first to take off from the Ninoy Aquino International Airport (NAIA) Terminal 3 in Manila.

Caticlan is a connecting point for tourists going to Boracay Island, a favourite vacation destination known for its white-sand beaches.

Authorities said the NAIA Terminal 3 would operate only partially in the next six months to one year before it shifts to full domestic and international operations.

Mumbai-based Global Vectra Helicorp, Country’s largest private sector offshore helicopter company, has entered into a two-year aviation turbine fuel (ATF) contract with Reliance Industries and ONGC to hedge its jet fuel purchases.

The Reserve Bank of India (RBI) had allowed the Indian aviation industry to hedge their ATF price risks as early as May 2007, when crude prices were trading at nearly $70 per barrel.

In the last eight months, crude prices have risen by over 70% to around $135 per barrel.

Of the global population of around 25,000 helicopters, around 200 helicopters are operating in India, of which 150 are in the non-scheduled segment.  

Bangkok - Thailand's f

New York - US manufacturer Honeywell sa

London, July 18: A survey of aircraft maintenance engineers, who check flights to and from the UK, has rev

London  - European airplane manufacturer Airbus, its order books filled with new contracts at the F