The November 2009 USD 26 billion all cash acquisition of Texas based rail road company Burlington Northern Santa Fe by arguably the world's most famous and successful investor Warren Buffet fixed the wandering investors' eyes on to the 'next big thing' - logistics. "Transportation is fundamental. And there's lots of money to be made", Mr. Buffet had said after the acquisition.
The Government has decided to levy User Development Fees (UDF) at Jaipur Airport @ Rs.150/- per embarking domestic passenger and @ Rs.1000/- per embarking international passenger. This has been done with effect from 1 January, 2010.
ICAO recently hosted a five-day event addressing the challenge posed by an anticipated shortage of skilled aviation professionals. Representatives from States, industry, training institutions and students defined and quantified the problem, proposed approaches to solve the problem and outlined the leadership role of ICAO in generating cooperation among concerned stakeholders towards reaching and implementing solutions.
The Directorate General of Civil Aviation (DGCA) has decided to introduce separate Visual Flight Route (VFR) corridors at the Delhi and Mumbai Airports to ensure safe and efficient operations of Helicopters and also to meet long pending demands of the Helicopter Industry.
British Airways' new First service touched down on Indian soil yesterday at Mumbai's CST at 11:10 on BA 199 before departing on the return flight the same day at 13:40 (local time) for the airline's £4.3 million Terminal 5 home at London Heathrow. This is the first time that the airline's Indian customers were able to experience the luxurious new service in India.