AgustaWestland firm on expanding footprint in India

Agusta Westland firm on expanding footprint in India



The Hindu Jackie Callcut, CEO Agusta Westland India Pvt. Ltd., at the Naval and Maritime Expo in Kochi on Monday. Photo: K.K. Mustafah
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The company is undaunted by probe into corruption charges in VVIP copter deal

Unfazed by the probe by the Indian and Italian governments into charges of corruption in the Rs. 3,727-crore contract for 12 AW-101 VVIP helicopters for the Indian Air Force, helicopter major AgustaWestland is keen to expand its footprint in the Indian military and civil aviation markets.

“Notwithstanding the current difficulties, we need to expand our presence in India,” said Jackie Callcut, Chief Executive Officer, AgustaWestland India.

Talking to The Hindu on the sidelines of India’s maiden Naval and Maritime Expo (NAMEXPO-2013) that got under way here on Monday, Ms. Callcut, who insisted the company was in India for a ‘long haul’, said AgustaWestland wished to make a mark in the civil aviation sector through its joint venture with Tata Sons to produce AW119 helicopters in India. “We are bringing more technologies into Indian civil aerospace market,” she said, adding India’s ‘troubled transport sector’ could benefit if the moneyed class made a shift to travel by helicopter.

JV with Tata Sons

Vimal Nagpal, head of business for the company’s India subsidiary, said the JV with Tata Sons was progressing. “We’ve begun to construct the infrastructure, with the long-term plan to shift an assembly line from Philadelphia to Hyderabad,” he said.

On the VVIP chopper controversy, Ms. Callcut said the Indian investigation was largely linked to what was happening in Italy, where the next court hearing was due on October 8. “We welcome investigations, as we don’t have any reason to be ashamed of. Nor do we have anything to hide. We still think we have the best machine ... We’ve heard from Indian Air Force that the three helicopters delivered to them are absolutely the right equipment. The firestorm [that the controversy raked up in the initial days] was not based on facts. The environment is much saner now,” she said, choosing to blame the Comptroller and Auditor General of India  for being ill-informed in its reports.

Rebutting allegations that procurement specifications were altered and trial evaluation was influenced to swing the deal in favour of her company, she said the charges were misplaced. Ms. Callcut had earlier written to CAG citing that the alteration of cabin height requirements of the helicopter hadn’t led to disqualification of any aircraft in the fray.

FDI in defence

She found off-putting the FDI cap in defence, which is  per cent at the moment, and hoped for ‘a bit more liberalisation’. Despite controversies, the company’s AW109 is taking part in the tender for  units of Naval Utility Helicopters. “The bid procedure for down-selection is on,” she said.

Mr. Nagpal claimed that the upgrade of seven AgustaWestland-made Seaking helicopters in service with the Indian Navy under the ‘Recovery’ programme had increased the operational availability of the potent anti-submarine warfare and commando-lift helicopters.

Keywords: AgustaWestland chopper bribery scandal, VVIP chopper deal, Indian Air Force, AgustaWestland, Finmeccanica


















By
Ganesh Kushwaha [ DIAM ]
Executive Air Ticketing & Reservations
www.AeroSoftCorp.com
www.AeroSoft.in
www.AeroSoft.co.in
www.AeroSoftseo.com

Books by AeroSoft Books P - Productivity S - Speed R - Relevancy     Price: $20.00 USD. Approx. 22,870 words. Language: English. Published on August 23, 2013. Category: Essay.  How to Take Off Your Professional Career from an Average to Exceptional with the Hidden PSR in You. A Book By working CEO and Manager with Day to day and live Examples How to Fight with Global Recession. By Shekhar Gupta Surbhi Maheshwari Published: Aug. 23, 2013  Words: 22,870 (approximate) Language: English ISBN: 9781301432448  Be an Aviator Not a Pilot  is a story of Pilots in Aviation who are unable to cope. This is not a book to teach you how to get into an Aviation School or even how to live like a Pilot. In fact, it describes how one can become a Successfull Aviator not just an Airplane Driver [ So called Pilot ] with very small changes in life. Also Why abroad trained Pilots are better Aviator and Why FAA, CASA, CAAP, CAA are better civil Aviation Authority then DGCA. by Shekhar Gupta  Ankisha Awasthi  Be An Aviator not A Pilot      Price: $1.99 USD. Approx. 4,750 words. Language: English. Published on July 24, 2013. Category: Fiction.  As A Fact Out Of Every 1000 Pilots Only 1 Pilot Becomes An Airline Pilot, The Book Is All About Those 999 Pilots Only. PilotsCareerGuide Pilot’s Career Guide   Price: $20.00 USD. Approx. 25,040 words. Language: English. Published on July 13, 2013. Category: Nonfiction.   International Airline Pilot’s Career Guide Learn Step By Step How to Become an International Airlines Pilot By Shekhar Gupta And Niriha Khajanchi https://www.smashwords.com/books/view/336260 Cabin Crew Career Guide

Game-Changer For Indian Aviation

Game-changer for Indian aviation

The easing of foreign investment last year has been a catalyst for long-term reforms in the Indian aviation ‘sky’ scape. Previously foreign investors, but not airlines, had been allowed to hold up to a 49 per cent stake in local airlines. The willingness of foreign air carriers to do business in India is a harbinger of interesting times to come.

Recently we witnessed the creation of the Tata-AirAsia joint venture (JV), which is likely to create a highly competitive domestic low-cost carrier (LCC) player. With the Tata-Singapore Airelins (SIA) deal, announced last week, the game gets even bigger!

What is the value generated by this deal?

The exit of Kingfisher Airlines created a void in the full-service space despite fast growth of the LCC segment in India.

The country now has only two full-service domestic airlines — national carrier Air India and Jet Airways. The new JV may be in a position to establish a competitive, hybrid business model that offers a high quality product with a lower cost base.

OVERSEAS POTENTIAL

The greatest potential may be in international routes as traffic in and out of India, unlike domestic traffic, has grown every year in the past decade, even during the economic slowdown.

Our assessment is that SIA is not coming just for the domestic routes. Its biggest strength lies in inter-continental long-haul flights.

Nearly  per cent of global traffic from India is west-bound — to the Middle East, Africa, European Unions and the Americas.

Once SIA comes in, they can compete on those routes on the Indian quota of the bilateral agreements. It can also operate direct flights to the Far East and Australia from India.

This deal would help position Delhi as a global hub for long-haul flights. Since the infamous 5/20 rule requires every Indian airline to operate in the domestic sector for five years before it can fly international routes; this opportunity is still some time away, unless the Government decides to do away with this arbitrary and unilateral restriction.

As Tony Fernandes of AirAsia said recently, he can have a one aircraft fleet in Malaysia and fly into India tomorrow. Such myopic and bizarre rules have actually worked against Indian carriers than strengthening them.

The Tata group enjoys high brand equity. J.R.D. Tata was the founding father of Indian aviation and had set up what is today known as Air India. Their tie-up with a top global airline like SIA makes it a premium combination that could pose a significant challenge to the Gulf carriers that dominate the bulk of westward international routes.

Many feel that this deal may create a conflict of interest with the Tata-AirAsia JV.

As long as there is no violation of foreign domestic investment norms and national security, the future of the two JVs are best left to the companies involved and market forces.

This alliance may also open up the joint venture’s entry into Star Alliance, which may invite some resistance from other Indian legacy carriers. The Indian passengers and inbound foreign tourists get one more airline to choose from. The resulting competition will improve services and lower prices.

Hence, there are plenty of synergies to be tapped into from this JV, provided the unilateral  rule is abolished quickly and they are able to commence their international operations as soon as possible.

The Indian passenger lost out on the Tata- SIA combine in 1997 thanks to politics; Tatas had partnered with Singapore Airlines to start a domestic airline but the Government had rejected their proposal.

They were willing to participate in the proposed disinvestment of Air India and Indian Airlines, but stronger forces scuttled the same. The wheel has come full circle now but at the cost of wasting 16 years in the process. Indian aviation industry would have been totally different if the Tata-SIA deal had gone through then.

The current times are definitely interesting but also highly challenging for the Indian aviation industry. Any new entrant has to be prepared for few years of losses and a tough domestic market that is dominated by LCCs, which hold 65 per cent of the market. Indian carriers have already lost about  in the 

The Tata-SIA deal reaffirms India’s reputation as a lucrative aviation market in the long-run, despite the short-term man-made problems, such as excessive taxation and cumbersome procedures. Many progressive state Governments are recognising the multiplier benefits of aviation.

What they may forego as irrational tax on an industrial raw material like ATF and support services like maintenance, repair and overhaul (MRO) will came back to them multi-fold in terms of growth in travel, trade and tourism. It’s a known fact that for every job created, nearly 50-55 per cent comes back to the Government treasury as income tax and consumption taxes (vat, service tax, excise and customs duties).

The FDI reform and widening of bilateral quotas have opened doors for globalisation of Indian aviation. Rationalisation of taxes and simplification of Government procedures will take India right to the top.

The choice is ours!

(The author is Partner and Head (aerospace and defence) at global consultancy KPMG. He was supported by Namrata Saigal, Consultant at KPMG.

(This article was published on September 

Keywords: Foreign investment, FDI reform, aviation, Tata-SIA deal, international routes, airtraffic, globalisation

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What's this?What's this

 

By

Ganesh Kushwaha [ DIAM ]

Executive Air Ticketing & Reservations

www.AeroSoftCorp.com

www.AeroSoft.in

www.AeroSoft.co.in

www.AeroSoftseo.com

Books by AeroSoft Books P - Productivity S - Speed R - Relevancy     Price: $20.00 USD. Approx. 22,870 words. Language: English. Published on August 23, 2013. Category: Essay.  How to Take Off Your Professional Career from an Average to Exceptional with the Hidden PSR in You. A Book By working CEO and Manager with Day to day and live Examples How to Fight with Global Recession. By Shekhar Gupta Surbhi Maheshwari Published: Aug. 23, 2013  Words: 22,870 (approximate) Language: English ISBN: 9781301432448  Be an Aviator Not a Pilot  is a story of Pilots in Aviation who are unable to cope. This is not a book to teach you how to get into an Aviation School or even how to live like a Pilot. In fact, it describes how one can become a Successfull Aviator not just an Airplane Driver [ So called Pilot ] with very small changes in life. Also Why abroad trained Pilots are better Aviator and Why FAA, CASA, CAAP, CAA are better civil Aviation Authority then DGCA. by Shekhar Gupta  Ankisha Awasthi  Be An Aviator not A Pilot      Price: $1.99 USD. Approx. 4,750 words. Language: English. Published on July 24, 2013. Category: Fiction.  As A Fact Out Of Every 1000 Pilots Only 1 Pilot Becomes An Airline Pilot, The Book Is All About Those 999 Pilots Only. PilotsCareerGuide Pilot’s Career Guide   Price: $20.00 USD. Approx. 25,040 words. Language: English. Published on July 13, 2013. Category: Nonfiction.   International Airline Pilot’s Career Guide Learn Step By Step How to Become an International Airlines Pilot By Shekhar Gupta And Niriha Khajanchi https://www.smashwords.com/books/view/336260 Cabin Crew Career Guide

The Darker Side Of Entrepreneurs

Thomas Flohr: The high-flying multi-millionaire

                                                       

Kazakh restaurateur with global ambitions

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As international, multi-millionaire jetsetters go, Thomas Flohr certainly looks the part.

With his tan, stubble, swept back hair, and jeans and jacket combination, he is the type of man you can picture stepping off a private plane after flying in from somewhere exotic.

It is a pretty apt image because Mr Flohr owns a large fleet of private jets.

The Swiss national is the founder, boss, and  owner of VistaJet, the world's fastest-growing airline you have likely never heard off, and most probably can only dream of affording to use.

Founded in 2004, VistaJet now has 35 planes, and is quickly adding to that number.

Continue reading the main story

“

Start Quote

We'll go where our rivals don't want to. If any oil executive needs to go to the back of beyond, we'll get him there”

Thomas Flohr

Such is the demand for its services that earlier this year it signed the biggest deal in business aviation history - a order for  jets, and options for 86 more, from Canada's Bombardier.

With claimed revenue growth of  a year, Mr Flohr highlights three underlying factors behind VistaJet's success - it only uses the newest and most luxurious planes, it will fly to anywhere in the world no matter how remote, and it targets emerging economies such as China and India.

"You have to trust your instincts," he says. "I sensed that the [business jet] market was underserved, and I wanted to challenge the established players. I like a good David versus Goliath fight."

Long-distance jets

For those of us unaccustomed to the rarefied world of private jets, the market is dominated by a handful of American providers who offer businesses the chance to invest in a fractional stake in a plane, which they then share.

VistaJet only flies planes under three years old

In addition, there are a great many smaller providers, who can rent you a plane per journey, with the deal most likely being done via a broker.

Mr Flohr's plan was to create a global brand that businesses, wealthy individuals, or even governments, could simply hire a plane directly from when they wanted it. There would be no complicated fractional deals or brokerages.

Continue reading the main story

“

Start Quote

                                                  

We have been greatly helped by the big growth in the emerging economies. Even just five years ago, Indian businessmen didn't use private planes, but now they do, the same in China”

Thomas Flohr

"The factional system only really operates in the US because that is the only country that offers tax breaks for it," says Mr Flohr. "It makes no sense outside of America, and particularly in China.

"Instead they just want to rent a plane, and they want the best possible quality. But if you do this via a broker, you often don't know the level of quality, or otherwise, or age, of the plane that turns up."

So with VistaJet businesses go to it directly. And as its fleet contains Bombardier's long range Global 6,000 planes, VistaJet can fly anywhere in the world.

It also pledges to be able to fly to any airport with a sufficient runway, be it somewhere in the middle of nowhere in Siberia or Sub-Saharan Africa.

"This really sets us apart," says Mr Flohr. "We'll go where our rivals don't want to. If any oil executive needs to go to the back of beyond, we'll get him there.

"With the fractional guys, they don't want their planes to do this because they want them to be readily available for the other part-owners."

'Risky move'

But as Mr Flohr continues with his ambitious growth plans for VistaJet, how does someone without an aviation background get into the private planes business?

Thomas Flohr with two members of VistaJet crew

VistaJet will fly people to wherever they want in the world

After studying business and politics at university in Munich, Germany, he made his fortune working in asset finance in his 20s and 30s.

His job allowed him the use of private planes, and he started to question how the industry operated.

Continue reading the main story

“

Start Quote

Find your niche, find what you are good at, and focus on that. And be a good person along the way - if you try to take shortcuts it will just come back and haunt you”

Thomas Flohr

So thinking he could do things better, he bought his first two planes.

Mr Flohr says: "I had two jets and they were paying for themselves, so I went out in 2005 and took the biggest risk of my life - I bought three more aeroplanes. Thankfully I haven't looked back from there."

Vistajet now has pilots and carries out more than 10,000 flights per year, including flying to 136 different airports in Africa.

                                                  

"We have been greatly helped by the big growth in the emerging economies," says Mr Flohr. "Even just five years ago, Indian businessmen didn't use private planes, but now they do, the same in China. We are there to serve them, and business is very strong, in Russia too. The so called Bric nations (Brazil, Russia, China and India) have helped us greatly."

He adds that Vistajet is also benefiting from a resurgence in Western firms wishing to hire his planes again, as their economies recover.

Constant traveller

Despite Mr Flohr's job seeing him almost constantly travelling the world on VistaJet planes, he does not believe he lives a jet-set life.

Interior of a VistaJet plane

VistaJet aims to offer a very luxurious service

"I see all the travel as a necessity - I want to meet with my clients in person," he says.

And so in one average fortnight he flew from his base in Switzerland to China, Russia, the US, Mozambique, the UK and Italy.

When he does get spare time, he likes to race go-karts, spend time with his daughter, and cook meals for friends.

But what advice would he give would-be entrepreneurs?

"Stop looking at social media websites, and instead work out what contribution you can make to the world, and go and do it," he says.

"Find your niche, find what you are good at, and focus on that. And be a good person along the way - if you try to take shortcuts it will just come back and haunt you."

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Constant traveller

Despite Mr Flohr's job seeing him almost constantly travelling the world on VistaJet planes, he does not believe he lives a jet-set life.

VistaJet aims to offer a very luxurious service

"I see all the travel as a necessity - I want to meet with my clients in person," he says.

And so in one average fortnight he flew from his base in Switzerland to China, Russia, the US, Mozambique, the UK and Italy.

When he does get spare time, he likes to race go-karts, spend time with his daughter, and cook meals for friends.

But what advice would he give would-be entrepreneurs?

"Stop looking at social media websites, and instead work out what contribution you can make to the world, and go and do it," he says.

"Find your niche, find what you are good at, and focus on that. And be a good person along the way - if you try to take shortcuts it will just come back and haunt you."

More on This Story

Entrepreneurship

Kazakh restaurateur with global ambitions

Design firms pioneering space suit fashion

Using the web to transform invention

 By

Ganesh Kushwaha [ DIAM ]

Executive Air Ticketing & Reservations

www.AeroSoftCorp.com

www.AeroSoft.in

www.AeroSoft.co.in

www.AeroSoftseo.com

• 
  

Books by AeroSoft Books P - Productivity S - Speed R - Relevancy     Price: $20.00 USD. Approx. 22,870 words. Language: English. Published on August 23, 2013. Category: Essay.  How to Take Off Your Professional Career from an Average to Exceptional with the Hidden PSR in You. A Book By working CEO and Manager with Day to day and live Examples How to Fight with Global Recession. By Shekhar Gupta Surbhi Maheshwari Published: Aug. 23, 2013  Words: 22,870 (approximate) Language: English ISBN: 9781301432448  Be an Aviator Not a Pilot  is a story of Pilots in Aviation who are unable to cope. This is not a book to teach you how to get into an Aviation School or even how to live like a Pilot. In fact, it describes how one can become a Successfull Aviator not just an Airplane Driver [ So called Pilot ] with very small changes in life. Also Why abroad trained Pilots are better Aviator and Why FAA, CASA, CAAP, CAA are better civil Aviation Authority then DGCA. by Shekhar Gupta  Ankisha Awasthi  Be An Aviator not A Pilot      Price: $1.99 USD. Approx. 4,750 words. Language: English. Published on July 24, 2013. Category: Fiction.  As A Fact Out Of Every 1000 Pilots Only 1 Pilot Becomes An Airline Pilot, The Book Is All About Those 999 Pilots Only. PilotsCareerGuide Pilot’s Career Guide   Price: $20.00 USD. Approx. 25,040 words. Language: English. Published on July 13, 2013. Category: Nonfiction.   International Airline Pilot’s Career Guide Learn Step By Step How to Become an International Airlines Pilot By Shekhar Gupta And Niriha Khajanchi https://www.smashwords.com/books/view/336260 Cabin Crew Career Guide

Air India's First Dreamliner The Dream Come True

Air India's First Dreamliner  The Dream Come True


                                                     

Airfares, at least on some routes and especially for international travel, are higher than they've been in years, but there's some good news: Airlines are at least putting your money to good use, buying new planes with the latest in-flight entertainment systems, seats that maximize knee-room if not hip room, and in-flight connectivity. Here's a look at what's in the works at three major carriers from the front of the plane to the back:


You may not believe your eyes when you step aboard AA's new Boeing  Yes, you're on American, and although they still fly those aging MD-80s, 757s and other workhorses of the fleet, if your play your cards right you can experience one of the best commercial jetliners in the sky.

American's 777-300ER has it all. Let's start with speedy international Internet connectivity. Then there's what I consider to be the best in flight entertainment (IFE) in the skies, especially if you're in first or business class, with larger screens and Bose noise-cancelling headphones. The IFE is touch-screen just like your iPad, and the selection of audio and visual content is so cleverly curated and so extensive that I didn't know where to begin. All classes have this new IFE, and all have 110V power ports (the same kind you'd find at home, not those DC adapter things) and USB ports. You'll now find fully-lie-flat (FLF) seats in first and business, both classes with aisle access from all seats.

In economy class, seat backs at knee level have been carved out to provide extra room, and there's even more room in Main Cabin Extra (premium economy). Little touches: The flight map is displayed in the cabin independently of the IFE (so you don't have to flip back and forth from your movie to see where you are) and AA has opted for individual air valves (airlines have the option of ordering their planes with or without). American will be taking delivery of new Airbus 321 aircraft later this year and will be flying them on trans-continental nonstops. Again, these airliners will be fitted with lie-flat seats in business and first, and as on the 777 you'll have aisle access from every seat in first class. More info here.

TRIP REPORT: AA's new ER bringing luxury 
                                          
British Airways launched the first lie-flat business class seat (first, that is, if you don't include the beds in the Pan Am Flying Boats) when it introduced Club World, which was eventually copied by the rest of the aviation world and quickly cannibalized its first class product (which was made fully flat years later). The current iteration of the Club World cabin, with half the seats facing forward and half backward, survives in the airline's new Airbus  and Boeing 787, which were both delivered in early July (as CEO Keith Williams pointed out, BA hasn't taken delivery of an entirely new aircraft type in 

And although BA's fleet never looked as tired as American's did at its nadir, these new planes are pretty spiffy. I rode the from Airbus' Toulouse factory to London Heathrow, and although it was a short flight I was able to sample, Goldilocks-like; sitting (or lying down) in all four cabins (first, business, premium economy and economy). Regular economy passed my no-touch knee test thanks to a recess in the seats in front just at knee level, and premium economy seats are almost as comfortable as traditional first class on many domestic U.S.-based airlines. Club World wasn't broke so they didn't need to fix it in these new planes.

Singapore Airlines                           

Singapore, which recently retired its Boeing 747 fleet, is adding new planes too:  on medium-haul routes and Airbus A350s on long-hauls. And since it's been five whole years since they last enhanced their in-flight experience with the launch of the A380, they will be upgrading all cabins (in new deliveries except the  for now) with evolutionary upgrades. In economy class, new seats have been tested and designed for extra comfort (the material is cushier than before, which is a nice departure from what some U.S. airlines are doing with thinner seats), and as with other airlines, the seatback is sculpted out to provide extra knee room (I sat in a mock up and although I'm six feet tall my knees weren't anywhere near touching the seat in front). All seats have standard U.S. and U.K. power and USB ports (a luxury, if you'll recall, that once was confined to first class on most airlines) and a vastly improved IFE with larger touch-screen control. I was also impressed with the economy class seat recline — it actually reclines more than a few centimeters. Adjustable cradling headrests have also been added.

Over in business class, an extra two inches has been added to the lie-flat beds, which, as my mock up test demonstrated, actually does make a difference if you're six feet tall. And the bedding surface has been graced with an extra layer of padding. Singapore uses a "flip down" mechanism on its lie-flat seats (it requires fewer motors so it's more reliable and lighter so it saves fuel as opposed to the model used by AA, BA and most other airlines infinitely adjustable from take off position to flat As a compromise of sorts, the new business class seat has a wider range of motor-activated recline positions without having to flip the seat down to a bed there's a sort of La-Z-Boy option called "Lazy Z" appropriately All the new seats were staff-tested (i.e., guinea pigs were asked to spend the night in them  as well as displayed in the airline's airport lounges for consumer feedback.

In first class, there's more privacy than before with a new "shell" design, taking some design cues from the "Suites" product on the A380. First gets even larger video screens, improved lighting, larger seats, handy new storage compartments and other refinements.

                                                    

                    

 By

Ganesh Kushwaha [ DIAM ]

Executive Air Ticketing & Reservations

www.AeroSoftCorp.com

www.AeroSoft.in

www.AeroSoft.co.in

www.AeroSoftseo.com

Books by AeroSoft

Books

P - Productivity S - Speed R - Relevancy   
Price: $20.00 USD. Approx. 22,870 words. Language: English. Published on August 23, 2013. Category: Essay.
How to Take Off Your Professional Career from an Average to Exceptional with the Hidden PSR in You. A Book By working CEO and Manager with Day to day and live Examples How to Fight with Global Recession. By Shekhar Gupta Surbhi Maheshwari

Published: Aug. 23, 2013
Words: 22,870 (approximate)
Language: English
ISBN: 9781301432448

 Be an Aviator Not a Pilot

is a story of Pilots in Aviation who are unable to cope. This is not a book to teach you how to get into an Aviation School or even how to live like a Pilot. In fact, it describes how one can become a Successfull Aviator not just an Airplane Driver [ So called Pilot ] with very small changes in life. Also Why abroad trained Pilots are better Aviator and Why FAA, CASA, CAAP, CAA are better civil Aviation Authority then DGCA.
by
Shekhar Gupta
Ankisha Awasthi 

Be An Aviator not A Pilot    
Price: $1.99 USD. Approx. 4,750 words. Language: English. Published on July 24, 2013. Category: Fiction.  As A Fact Out Of Every 1000 Pilots Only 1 Pilot Becomes An Airline Pilot, The Book Is All About Those 999 Pilots Only.

PilotsCareerGuide

Pilot’s Career Guide 
Price: $20.00 USD. Approx. 25,040 words. Language: English. Published on July 13, 2013. Category: Nonfiction. 
International Airline Pilot’s Career Guide Learn Step By Step How to Become an International Airlines Pilot By Shekhar Gupta And Niriha Khajanchi

https://www.smashwords.com/books/view/336260

Cabin Crew Career Guide

Aviation stocks In Apotlight After ATF Hike

Aviation stocks In Apotlight After ATF Hike

                                                        

Shares of aviation companies will be watched after public sector oil marketing companies (PSU OMCs) hiked aviation turbine fuel (ATF) prices by a steep 6.9%. ATF price at Delhi was hiked by Rs 4,827.94 per kilolitre (kl), or 6.87%, to Rs 75,031.09 per kl. The increase has been effected from 1 September 2013. ATF constitutes over 40% of an airline's operating costs.

Shares of PSU OMCs will be in focus as the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas after reviewing international prices of crude oil and petroleum products during the second Fortnight of August 2013 said the under-recovery on High Speed Diesel (HSD) applicable for Ist fortnight of September effective 1 September 2013 increased to Rs 12.12 perlitre higher than Rs 10.22 per litre during 2nd fortnight of August 2013 from 16 August 2013. In the case of PDS Kerosene and Domestic LPG, under-recoveries for the month of September 2013 increased further to Rs 36.83 per litre and Rs 470.38 per cylinder respectively. The under-recoveries on during August 2013 on PDS Keorsene was Rs 33.54 per litre and Rs 412.00 per cylinder on Domestic LPG. OMCs, effective 1 September 2013, are incurring higher combined daily under-recovery of about Rs 470.38 crore on the sale of Diesel, PDS Kerosene and Domestic LPG. This was Rs 389.00 crore for the previous fortnight effective 16 August 2013.

Mahindra & Mahindra (M&M)'s Farm Equipment Sector (FES) reported 7% increase in total tractor sales at 14,158 units in August 2013 over August 2012. Domestic tractor sales rose 9% to 13,543 units in August 2013 over August 2012. Exports fell 27% to 615 units during the period under review.

Speaking on the monthly performance, Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanization, M&M said, "Our domestic growth of 9% in August 2013 and consistent performance over the last five months is heartening. We believe the Kharif sowing having crossed the 1000 lac hectare mark, normal monsoons and prospects of the approaching festive season are clear indicators of stronger growth for the overall agricultural sector in the coming months."

Steel Authority of India (Sail) announced that its sales rose 15.77% to 10.86 lakh tonnes in August 2013 over August 2012. Sail said in a statement that the rise in sales was mainly on account of increase in flat product sales, which went up by 26% during the period under review. While long products saw a growth of 3%, retail sales at 53,800 tonnes in the month were up by 62% on a month-to-month basis. Concerted efforts to harness the rising dollar materialised in a significant growth in exports to a level of 31,000 tonnes, a corresponding period last year (CPLY) growth of 36%, the company said in a statement.

Hero MotoCorp turns ex-dividend today, 3 September 2013, for a dividend of Rs 60 per share for the year ended 31 March 2013.

State Bank of India (SBI) said after market hours on Monday, 2 September 2013, that it acquired 23% shares of Bank State Bank of India, Indonesia (BSBII) in a recent deal with P. T. Ravindo Jaya. Currently, SBI holds 99% in BSBII and P. T. Ravindo Jaya holds 1%.

Religare Enterprises (REL) announced its decision to acquire Macquarie's stake in its wealth management joint venture - Religare Macquarie Wealth Management. The equal partnership joint venture (JV) was formed in 2007 to serve the fast growing Indian High Net Worth individuals (HNI) client base, leveraging Religare's local knowledge and Macquarie's global expertise.

The venture has made steady progress over the last 5 years and has positioned itself as an advisory led platform delivering 'Simplified Wealth Solutions' via its three core pillars of strong wealth advisors, best practice processes and world class investment solutions for HNI's in India . The open architecture platform has currently close to Rs 2800 crore of Assets Under Management (as on 31 March 2013) servicing over 4800 clients through its committed team of professional wealth advisors.

Post completion of the transaction and necessary formalities, the legal entity will be rechristened as Religare Wealth Management (RWML) and will form a part of the broader Capital Markets Business of Religare group. There will be no change in the management team and the team will report to Basab Mitra, CEO -Capital Markets and Wealth Management for Religare group, REL said in a statement.

Liquor maker Radico Khaitan has reportedly begun preliminary talks to sell a minority stake to Japan's oldest liquor company Suntory Holdings, underscoring the growing attraction of the local liquor market to foreign firms. The makers of Magic Moments vodka and 8 PM whisky is examining the option of offering 26% in the company to Suntory, a media report said.

                   

 

Ganesh Kushwaha [ DIAM ]

Executive Air Ticketing & Reservations

www.AeroSoftCorp.com

www.AeroSoft.in

www.AeroSoft.co.in

www.AeroSoftseo.com

http://PilotsCareerGuide.blogspot.com

Books

P - Productivity S - Speed R - Relevancy    by AeroSoft Corp
Price: $20.00 USD. Approx. 22,870 words. Language: English. Published on August 23, 2013. Category: Essay. 
How to Take Off Your Professional Career from an Average to Exceptional with the Hidden PSR in You. A Book By working CEO and Manager with Day to day and live Examples How to Fight with Global Recession. By Shekhar Gupta Surbhi Maheshwari

Group Dynamic By Sukesha Mishra    by AeroSoft Corp
Price: $1.99 USD. Approx. 11,660 words. Language: English. Published on August 10, 2013. Category: Essay. 
Groups are a fundamental part of social life. As we will see they can be very small – just two people – or very large. They can be highly rewarding to their members and to society as a whole, but there are also significant problems and dangers with them. All this makes them an essential focus for research, and action.In a group there are many unique roles members might be.Try to be in group.

Women Empowerment by Sukesha Mishra    by AeroSoft Corp
Price: $1.99 USD. Approx. 15,290 words. Language: English. Published on August 4, 2013. Category: Essay. 
Women Empowerment by Sukesha Mishra

Modern Ways of Marketing by Mirgaya Thakur    byAeroSoft Corp
Price: $2.99 USD. Approx. 39,280 words. Language: English. Published on August 4, 2013. Category: Essay. 
" Way of Modern Marketing"

Indian Food Safari by Ankita Verma    by AeroSoft Corp
Price: $1.99 USD. Approx. 14,620 words. Language: English. Published on August 4, 2013. Category: Fiction. 
Indian Food Safari is a book of desi food junction. Indian food is famous for spice and aroma .Cuisine of Indian is diverse at its geography, climate culture, colors we go on exploration work to know more about India food the methods and ingredients of North India orfood preparing style is away different from South India.

Motivation By Aakanksha Jain    by AeroSoft Corp
Price: $3.99 USD. Approx. 19,440 words. Language: English. Published on August 2, 2013. Category: Fiction. 
What is Motivation? Motivation is the answer to the question “Why we do what we do?”. The motivation theories try to figure out what the “M” is in the equation: “M motivates P” (Motivator motivates the Person). It is one of most important duty of an entrepreneur to motivate people By Aakanksha Jain

Be An Aviator not A Pilot    by AeroSoft Corp
Price: $1.99 USD. Approx. 4,750 words. Language: English. Published on July 24, 2013. Category: Fiction. 
As A Fact Out Of Every 1000 Pilots Only 1 Pilot Becomes An Airline Pilot, The Book Is All About Those 999 Pilots Only.

Pilot’s Career Guide By Niriha Khajanchi    by AeroSoft Corp
Price: $20.00 USD. Approx. 25,040 words. Language: English. Published on July 13, 2013. Category: Nonfiction. 
International Airline Pilot’s Career Guide Learn Step By Step How to Become an International Airlines Pilot By Shekhar Gupta And Niriha Khajanchi