Kingfisher Airlines’ Shares Plunge After Lenders Decide To ‘Recover’ USD 1.5 B
Trouble for the Indian carrier Kingfisher Airlines doesn’t seem to stop. Lenders of Kingfisher has decided to start the process of recovering Rs 7,500 crore (USD 1.5 Billion) outstanding loans from the airline. The decision was taken at a Tuesday meeting attended by the consortium of lenders and Kingfisher management, including CEO, Sanjay Agarwal, and UB Group president and CFO, Ravi Nedungadi.
25.8 Million Mishandled Bags Cost The Industry $2.58 Billion – Baggage Lost & Found Infographic
Losing baggage during travel (esp in Airports) is one of the most common problem a traveler faces. Baggage handling at airports have been becoming better year by year. And, this is made possible with services like AirportLostAndFound.com and SITA’s WorldTracer. AirportLostAndFound has released an infographic that brings to light some interesting information regarding baggage management. Among all, the one statistic that immediately raises the hope of a traveler is – 99% of the checked in bags were delivered on time. Infographic by AirportLostAndFound is below.
Airline In-Flight Communication – Past, Present and Future
In the year 2000, internet connection inside a flight was a dream. Hold on. Lets be fair in saying that terrestrial internet as such was a big thing then. After the dot com revolution in 2000, one of the focus of airline industry was to bring internet connectivity in flight while on air. Boeing sensed this opportunity and launched a service by name “Connexion” in 2004, but it apparently wasn’t successful due to various reasons.
Panic Assistance Services During Travel – Make It Technology Friendly And Disrupt The Market
Travelers from the US who are on international travel don’t have to worry in case of an emergency situation like losing the passport. www.stolenpassports.com ensures that they get you a replacement passport in case of lost or stolen passports. The importance of protecting an individual from identity theft has never been greater than it is today. Recent data released by the U.S. government shows that identity theft is the leading white-collar crime, with billions of dollars in fraudulent transactions taking place each year.
Weird Things Happen In Indian Airports – Process Disconnects, Lack of Training
In the list of Worlds Busiest Airport By Passenger Traffic, a report by Airports Council International, Indian airport (Indira Gandhi Airport, New Delhi) stands at number 30. Quality of Indian airports are definitely becoming better every year, few initiatives by Indian government proves this – Expansion of Bangalore Airport has already begun to meet the future needs and make it really world-class, Delhi recently opened its T3 terminal.
Startup Spotlight: OneAssist’s TripAssist: Say Goodbye To Bad Trip Experiences
Trips are all about memories. And memories can be good or bad. No traveler wants to experience the latter. A good trip experience is created by seeing breathtaking places, staying at a hotel of your choice, enjoying the local food etc. A bad trip experience is created when something unexpected happens. This could be – losing the wallet during travel, losing mobile, even passports or any other travel documents. How many of us have had a bad trip? Many? How do we convert our bad trips into good ones? That’s the service “OneAssist Consumer Solutions” is trying to achieve.
Why Airlines and Travel Intermediaries Should Adopt OpenAXIS’s Distribution 2.0
Earlier, airlines sold their products directly to customers. No big deal, then. It was easy. Then, evolved the GDS (Global Distribution System). The complexities evolved too. Next, various other distribution channels like OTAs, Meta-Search engines, Web Services and many other travel intermediaries evolved. All these are “non-direct-channels” or “indirect channels”. While the indirect channel solved a lot of problem for airlines, it also brought a great level of complexity and challenge in managing it.
An Open Letter To The Senior Management of SOTC / Kuoni India – Our Holiday Booking Experience
This open letter is about our own (horrible) experience of booking a 7-day holiday package to Hongkong, Shenzhen and Macau with SOTC, a tour operator. Every point here is based on our experience and no exaggeration, if need be, we can show proof. We are bringing to light the various problems that we faced with SOTC travel agents Divya and Chandrasekar. We want our readers and travellers to be aware of these issues before booking a holiday with SOTC. We strongly hope the senior management of “SOTC / Kuoni India” look into these issues.
Black American Express Credit Cards: "No" In White Plains
White Plains Airport (New York) will no more accept Black American Express (a.k.a American Express Centurion) Credit Cards.
Reason: These black cards are made of Titanium and it makes the card thick enough to damage the card readers. Not all black cards are compatible with card readers.
