COVERSTORY

Financial Meltdown & Tourism

The tourism industry which recorded a steady growth of 15 to 20 percent in the past few years might face a slowdown in the coming quarters. Global economic crisis and liquidity crunch has seen private operators and hoteliers record a sharp drop in bookings for the coming festive season. Very few players are positive about the future with current fears of recession in the US and European economies. Anita Jain tries to find the take of the industry on the current scenario
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 IN CONVERSATION
‘The exhibition will focus solely on civil aviation’
Although the aviation sector has grown in India there has been no single event focussing purely on the sector. Federation of Indian Chambers of Commerce and Industry (FICCI) has taken the lead and is organising India Aviation 2008, a Convention for the aviation sector. Ranjan Kohli, Deputy Director General, FICCI, speaks about the key aspects of the Convention
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 DESTINATION SIGHT

German Wine Route – A Cocktail of Wine, History & Scenic Beauty
The breathtaking aerial view of Frankfurt, while landing at the Frankfurt Main International Airport, has lush green scenery with houses dotting the landscape. A treat to the eye, in an area where it is difficult to find too many trees. TravelBiz Monitor took the German Wine Route which included cities of Deidesheim, Worms, Mainz, Boppard, Koblenz and Frankfurt. She came back with telling tales of Germany.
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 MARKETING STRATEGY

Kerala Tourism : Creating an Environment of Opportunities

‘If you can dream it, you can do it,’ a saying by Walt Disney best describes the opportunities created and marketed by Kerala Tourism in order to promote the destination. From identifying opportunities, creating brand awareness and promoting Kerala as a stand alone destination to finding new niche segments, TravelBiz Monitor reports on the various ideas adopted and implemented by Kerala Tourism
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 VIEW POINT
Not so silent knights
The crusader for economies in distress could be yellow or brown and not one to suffer in silence
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This Week's Top Headlines
Confusion reigns over zero commission D-Day
  The initial deadline set for implementation of zero commission in the Indian travel industry was November 1, 2008, however, contrary to the set deadline, the industry i.e. the airlines, travel associations, travel agents and also the
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Jet Airways- Kingfisher Airlines alliance formed to avoid bankruptcy
 

At the India Aviation 2008 held at Begumpet Airport, Hyderabad yesterday, the chiefs of both the airlines revealed that the code-sharing and operational alliance between Jet Airways and Kingfisher Airlines was needed to avoid
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Jet-Kingfisher invites Air India to join alliance
  According to a Press Trust of India (PTI) report, exuding confidence that Jet, Kingfisher alliance would help them save an estimated Rs 1,500 crore Jet Airways and Kingfisher Airlines today invited state-owned Air India to come on
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Oil Ministry charges, Patel defends 'defaulter' airlines
  According to Press Trust of India (PTI) report, Civil Aviation Minister Praful Patel recently defended delay by airline companies in payment of their fuel bills saying they were not defaulters, but the Petroleum Ministry maintained
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Jet Airways lay-offs: Ministers differ on sops for aviation industry
  According to a Press Trust of India (PTI) report, the downturn in the aviation sector yesterday brought the differences among UPA ministers into full play on issues like sops for the beleaguered industry. The Labour Ministry
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Air India mulling over temporary lay-off of 15,000 staff for up to five years
  According to Press Trust of India (PTI) report, facing the heat of the financial crisis that has hit the aviation sector, state-owned carrier Air India today said that it is considering to give three-five years leave without pay to about
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No lay-offs in Kingfisher Airlines for the time being: Mallya
  Vijay Mallya, Chairman, Kingfisher Airlines ruled out this morning any lay-offs among the carrier’s cabin crew for the time being. “As of today, we have no surpluses and certainly our cabin crew is intact and will retain jobs. But
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Kandhamal issue affects tourism infrastructure in Orissa
  Communal violence in Orissa’s Kandhamal district coupled with natural calamities within the Golden Triangle have affected tourism infrastructure resulting in a drop in forex earnings through tourism in the state. Riot-hit
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Centre approves fund for Sikkim’s first airport at Pakyong
  At a meeting held recently, the Union Cabinet approved Rs 358.94 crores for the construction of Sikkim’s first airport at Pakyong near Gangtok. The Greenfield airport has been given to Airport Authority of India (AAI) on
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Centre mulls changing policy on second airport
  According to a Press Trust of India (PTI) report, the Centre is considering to change the policy which does not allow a second airport in the 150 kms radius of an existing one. Civil Aviation Minister Praful Patel said
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EU leaders adopt vast new immigration plans
  Accoridng to an AFP report, European Union (EU) leaders recently adopted sweeping new immigration guidelines which have angered rights groups for focusing on skilled workers rather than refugees. "This pact was
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FHRAI & IATO to support Indiatourism, Beijing
  Indian Association of Tour Operators (IATO) and Federation of Hotel and Restaurant Associations of India (FHRAI) have announced their support to Indiatourism, Beijing to organise familiarisation (FAM) tours in
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Malaysian carrier to launch low-fare flights to India
  According to a Press Trust of India (PTI) report, airfares on the India-Malaysia route are likely to decline in the next few months, with no-frill Malaysian carrier Air Asia planning a major foray into the Indian market at
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SpiceJet reduces air fares, launches ‘special spicy fares’
  SpiceJet day before yesterday announced a significant drop in its fares across the network on advance purchase of tickets. The doing away with congestion charge of Rs 150 will help all those who plan their holidays and
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