Logistics News Updates dated 10th May 2017

Logistics Headlines News Updates

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Next round of bidding under UDAN scheme likely in three months, says Jayant Sinha

Bidding for the second round of short domestic routes under the UDAN (Ude Desh ka Aam Naagrik) scheme is expected to take-off within three months, Jayant Sinha, Union Minister of State for Civil Aviation, said here. The first round of bidding saw 128 routes being awarded to five operators — Alliance Air, Air Deccan, Air Odisha, Trujet and SpiceJet.

The UDAN or regional connectivity scheme seeks to improve air accessibility of Tier-2, Tier-3 & Tier-4 cities at an affordable cost. Nearly 50 per cent of the seats on every flight across these routes are capped at ₹2,500 per seat for up to an hour of journey. According to the Minister, the modalities and the routes for the second round will be decided through bidding processes…(see more)

Vizag port scouting for environmental consultant

The Visakhapatnam Port Trust is taking steps to make the port cleaner and greener. It has decided to appoint an international consultant on environmental management, according to Chairman MT Krishnababu.

He was speaking to the media here on Tuesday after participating in an interactive session with the representatives of the trade and port users. He said the expression of interest (EoI) for appointing the consultant would be invited this week and the process would take two months or so.

“We will take all necessary steps to keep pollution at the minimum level,” he said…(see more)

Air India, CAE sign up for flight simulator

Air India has signed an agreement on Tuesday with CAE to procure a brand new ATR 72-600-212 A Level ‘D’ full flight simulator for its Central Training Establishment located in Hyderabad.

This is expected to be received here in the last quarter of 2017. The agreement was signed at Central Training Establishment Hyderabad by Amitabh Singh, ED (Training) and Jean-Paul Carrier, Marketing and Sales Manager, CAE Middle East, according to a statement.

The Simulator, with the latest all-electric motion system, provides more accurate and authentic cues for pilot training. The Full Flight Simulator will be installed at CTE headquarters along with the existing two A320 simulators…(see more)

IndiGo to buy 50 ATR planes; Q4 profit falls 25 per cent to Rs 440 crore

PTI | New Delhi | Last Updated: May 9, 2017  | 19:44 IST

IndiGo’s parent InterGlobe Aviation today reported a nearly 25 per cent decline in profit at Rs 440.31 crore in the fourth quarter ended March 2017 as higher expenses took a toll on its bottom line. The country’s largest airline in terms of market share had a profit after tax of Rs 583.78 crore in the same period a year ago.

The carrier — which has inked a pact to purchase 50 ATR 72-600 aircraft as part of the regional air connectivity push — had revenues from operations to the tune of Rs 4,848.22 crore during the latest January-March quarter…(see more)


 

 

 

 

 

 

 

 

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