Aviation Sector

Jet Airways & JetLite Get Govt. Nod To Operate Flights To Dubai

Earlier, only Air India was permitted to aviate to Dubai, but now Jet Airways and JetLite owned by Naresh Goyal have also been shown green flag by the government to operate flights to Dubai.

Hong Kong airline increases fares by up to 15 per cent

Hong Kong - 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.

The airline, which issued a profit warning earlier this month over the impact of rising fuel prices, is expected to impose its biggest rises on routes to Europe, Canada and Australia.

The fare rises ranging from 3 to 15 per cent will come into effect from Friday, the airline said in a statement. There will be no fare increases for economy class passengers.

Announcing the fare rises, Cathay Pacific chief executive Tony Tyler said: "We regret having to charge passengers more, but the increase in our fuel bill is too great for us to absorb.

US announces new prize for fuel-efficient planes

Washington - The US plans to offer monetary incentives to the developers of a viable substitute for jet fuel, which could bring down surging petrol costs in the aviation industry, Transportation Secretary Mary Peters announced Thursday.

An amount was not given, but the competition, in conjunction with the X Prize Foundation, would be similar to a 10-million-dollar 2004 award given to the first private company to launch a manned spacecraft.

"The race to refuel American aviation is on, and our hope is that the X Prize will jump-start investment and spur innovation," Peters said at an aviation and energy summit in Washington.

Boeing sees aviation growth as demand shifts to efficient planes

A380London  - US aircraft maker Boeing Wednesday forecast an annual 5 per cent growth i

Mozambique airline jacks up fares, cuts routes over oil prices

Maputo - Mozambique's national airline, Linhas Aéreas de Moçambique (LAM), announced Wednesday it would increase airfares by 10 per cent and reduce its number of flights as a result of high oil pri

British Airways jet makes emergency landing – due to curry’s stinky smell!

British AirwaysMelbourne, July 5 : A

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