About Kingfisher Airlines
Tuesday, October 21, 2008 by Shrish Pandey
Tuesday, October 21, 2008 by Shrish Pandey
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by Shrish Pandey
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by Shrish Pandey
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by Shrish Pandey
The world's second highest airport, in an ethnically Tibetan part of China's southwestern province of Sichuan, will open this month, a Chinese newspaper said on Monday.
The airport, in the mainly Tibetan area of Kangding, is 4,280 metres (14,040 ft) above sea level, second only to Qamdo Airport in Tibet at 4,334 metres.
The Chengdu Daily said China Eastern Airlines would start regular flights to Kangding before the end of October, flying from Yunnan's provincial capital Kunming to Kangding via Sichuan's capital, Chengdu.
The airport had originally been scheduled to open in May. The newspaper did not explain the delay, but Tibet and other Tibetan parts of China experienced violent unrest this spring.
The CNY960 million yuan (USD$140.6 million) airport is in a poor area near the scenic Gongga Mountains.
It is in an area so remote that Tang Dynasty poet Li Bai, writing more than 1,000 years ago, said it was easier to get to heaven.
The government hopes the airport will bring in much needed tourist dollars and investment.
The airport is designed to handle 330,000 passengers a year and can accommodate 120-seat Boeing 737s and Airbus A319s.
China has embarked upon a multi-billion dollar program in recent years to revamp old airports and build new ones, especially in the country's remote west, as a way of boosting the economy.
In 2006, China opened Tibet's third airport, in Nyingchi, which is nearly 3,000 metres above sea level.
(Reuters)
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Monday, October 20, 2008 by Shrish Pandey
Kingfisher Airlines head Vijay Mallya indicated that if the slump in the market continues, more job cuts and lay-offs may take place in the aviation industry.
"If the slump in the market continues then the number of flights will have to go down.... and when we ground the planes it will have effects," Mallya, a former MP, told reporters outside Parliament. He was responding to a question on whether airlines may lay-off more employees in the near future.
He, however, refused to say whether he had met any minister or Government official over the crisis in the aviation sector. Jet Airways chief Naresh Goyal held a meeting with Finance Minister P Chidambaram.
Jet had recently removed 1900 employees only to reinstate them a day later, allegedly due to Government pressure.
However, Goyal had said that he changed his decision on humanitarian grounds.
Mallya said the airline industry was going through a bad phase. "Firstly, the cost of fuel has become too high, secondly the sales tax imposed by the states is very high. If we increase the air fares people don't want to spend too much money in this economy. So the Government should rethink about the taxes," he said.
The flamboyant industrialist, who also has major stakes in the liquor business, said he did not have any complaints over the Government's response to the demands of the airline industry.
"The Government response has been a lot more urgent and a lot more decisive. The Government has other issues to deal with in the national interest and we hope our turn will come sooner than later," he said.
Asked about the turbulence in the economy, Mallya said, "This is not the first example, there are several examples in the world and Governments have reacted to them."
(Yahoo)
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