Business News Archive - October 14, 2008
By Sean Farrell * RBS, HBOS and Lloyds hit by share sell-off WHILE STOCK markets around the world soared yesterday as the international authorities battled to get to grips with the credit crisis, there was one sector notably missing out on the rebound.
Business in brief AVIATION Kingfisher Airlines, the Indian carrier that launched its first international service just over a month ago, has shelved plans to expand its global flights.
Anshul Dhamija & Stanley G Pinto BANGALORE/MANGALORE: The coastal city of Karnataka, Mangalore, is now on the radar of many international flyers.
By Adeline Paul Raj; Presenna Nambiar AIRASIA X expects to start flying to London in March 2009, chief executive Azran Osman-Rani said. The long-haul budget airline hopes to fly to London's Stansted Airport but is also discussing with two other possible low-cost airports there.
By CHINMAYI SHALYA Mumbai: The meltdown in the US economy, along with the rise in air turbine fuel (ATF) prices, has started to show its impact on passenger traffic at the Mumbai airport.
By Hamisah Hamid THE aviation industry and consumers in the region are benefiting from the Asean way of liberalising the industry, although it may not be the same as the US-European Union (EU) Open Skies Agreement, Malaysia Airports Holdings Bhd (MAHB) managing director Datuk Seri Bashir Ahmad said.
Etihad set to increase winter flying programme Air travellers can look forward to two new destinations, a greater choice of Etihad Airways services and significantly improved flight connections at its Abu Dhabi base, when the new winter flying programme starts on Sunday 26 October.
By Neha Lalchandani NEW DELHI: Delhi's IGI airport's tarmac is considered worse than the city's main roads by those who use it.
By CHINMAYI SHALYA MUMBAI: The meltdown in the US economy, along with the rise in air turbine fuel (ATF) prices, has started to show its impact on passenger traffic at the Mumbai airport.
By Adeline Paul Raj MALAYSIA Airlines (MAS) is hopeful of meeting a net profit of RM400 million to RM500 million this year, following a recent drop in crude oil prices, its top official said. This will bring it back in line with its target originally set out under its Business Transformation Plan.
- A political dynamiter.