Aviation Newsletter - September 19 to 23, 2016

India Infoline News Service | Mumbai | September 23, 201610:05 IST

This week saw Jet Airways appoint Jayaraj Shanmugam as Chief Commercial Officer. IIFL presents a weekly snapshot of all the major happenings in the aviation industry.

Aviation Turbine Fuel
Top News
 
Tata Sons, Singapore Airlines to further invest in Vistara
As a harbinger of a major expansion plan for the joint venture airline, Tata Sons and Singapore Airlines have proposed to invest Rs.250 crore in Vistara, as per a Business Standard report. Read More
 
News Infocus
 
IATA achieves Key NewGen ISS Milestone
The International Air Transport Association (IATA) announced that the IATA Passenger Agency Conference (PAConf) adopted Resolutions supporting the development of the New Generation of IATA Settlement Systems (NewGen ISS). Read More
 
Global Aircraft leasing growing on low rates, rising air traffic: Fitch
Aircraft lessors around the world continue to benefit from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets, according to Fitch Ratings' latest North American FI Chart of the Month and Aircraft Leasing Sector Review report. Read More
 
Domestic News
 
Jet Airways appoints Jayaraj Shanmugam as Chief Commercial Officer
Jet Airways has appointed Jayaraj Shanmugam as Chief Commercial Officer. Shanmugam would be responsible for leading commercial teams to maximise revenue streams and use its market reach, people capabilities and brand appeal to accelerate the airline's reputation for service excellence and efficiency, the company said. Read More
 
Mumbai Airport enters into a Slum Rehabilitation Agreement with HDIL: GVK Infra
Mumbai International Airport Private Limited (MIAL), a subsidiary of GVK Power Infrastructure & Ltd Company entered into a Slum Rehabilitation Agreement with Housing Development & Infrastructure Limited for implementation of the slum rehabilitation project at Chhatrapati Shivaji International Airport in a time bound manner for the consideration and on the terms and conditions contained therein. Due to disputes between the MIAL and HDIL (Parties), the agreement was terminated by MIAL on 06-02-2013. Read More
 
International News
 
Cathay Pacific brings you the chance to “Book, Travel and Win 45,000 Asia Miles!”
Cathay Pacific Airways and Dragonair along with Asia Miles have announced a special lucrative Lucky Draw – “Book, Travel and Win 45,000 Asia Miles!” for all its passengers. Starting from the 20th September, passengers can book and register in the draw until the 20th October, 2016. Read More
 
Etihad Airways launches new children’s activity packs for young explorers
Etihad Airways has introduced a new range of ‘Etihad Explorers’ children’s activity packs and a Flying Nanny Kit, to keep its younger guests occupied while onboard. Read More
 
Shangri-La Hotels and Resorts and Singapore Airlines launch strategic partnership – Infinite Journeys
Shangri-La Hotels and Resorts and Singapore Airlines have come together to provide members of Golden Circle and KrisFlyer enhanced benefits. Named ‘Infinite Journeys’, the two much-loved and globally recognised travel brands now offer travellers around the world greater recognition and rewards, with the promise of new experiences for every journey with Shangri-La and Singapore Airlines. Read More

 

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