Air India Express aircraft makes emergency landing at Thiruvananthapuram airport
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A Boeing 737 aircraft of Air India Express (AIE) with 104 passengers on board made an emergency landing at Thiruvananthapuram international airport on Friday after it developed hydraulic failure while on its way from Sharjah to Kozhikode international airport.
“The flight, IX 1346, landed safely under full emergency measures around 12.39 noon. Smoke was emanating from the rear left tyre of the aircraft even while it was landing and moving through the runway to the remote bay”, Airport Director, C.V. Ravindran said.
As Category “B” emergency was declared, all agencies were alerted by the Airports Authority of India ( AAI) and five crash fire tenders of the AAI kept a close watch on the aircraft as it landed and till the engine was switched off and all the passengers alighted.
ISSUE DATE: March 1, 2021
UPDATED: February 22, 2021 12:12 IST
Wings clipped: Airplanes parked at Delhi’s IGI Airport, Dec. 2020
When the pandemic forced weeks of shutdown of domestic and international air travel in India in end-March last year, SpiceJet chairman & MD Ajay Singh got down to some out-of-the-box thinking to navigate his airline through the impending financial crisis. Among the first things he did was put a dedicated fleet of nine freighters, five Boeing 737s, three Bombardier Q400s and a wide-body A340, into operation. Between end-March and November 2020, SpiceJet operated nearly 10,000 flights and carried 77,000 tonnes of cargo, including essential items like food and medicines, to 41 international destinations. By October, it had emerged as the largest international cargo operator at the Delhi airport.
Rise of Oligopolistic Dominance
As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors
Illustration by Siddhant Jumde
During the 26th meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), one of the MPC members - Jayant R. Varma, Professor, Finance and Accounting, IIM Ahmedabad - made an interesting observation, which many in government institutions would barely admit to. Anecdotal evidence suggests that in several sectors which are characterised by an oligopolistic core and a competitive periphery, the oligopolistic core has weathered the pandemic well and it is the competitive periphery that has been debilitated. Rising profits and profit margins, improving capacity utilisation and lack of new capacity additions create ripe conditions for the oligopolistic core to start exercising pricing power, he had said. An oligopoly is a form of market form where a sector/industry is
Sarbananda Sonowal Inaugurated Centre of Perishable Cargo at LGBI Airport
The Chief Minister also ceremonially flagged off an export cargo consignment of 600 kilograms of vegetables on the occasion of the inauguration.
| 19 Feb 2021 1:30 PM GMT
GUWAHATI: Assam Chief Minister Sarbananda Sonowal inaugurated the Centre for Perishable Cargo (CPC) at Lokpriyo Gopinath Bordoloi International (LGBI) Airport on Friday. Chandra Mohan Patowary, Assam State Minister for Transport was also present at the inauguration.
The Chief Minister also ceremonially flagged off an export cargo consignment of 600 kilograms of vegetables on the occasion of the inauguration.
The Chief Minister s Office took to Twitter to announce the inauguration of the CPC.
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