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Offsetting in the Aviation Sector
Offsetting in the aviation sector Evaluating voluntary offset programs of major airlines Elizabeth Zelljadt 10 October 2016 Contact information Elizabeth Zelljadt Fellow Ecologic Institut E-Mail: [email protected] Tel: (+1) 413 210 8663 Contents Introduction ........................................................................................................................................... 1 1 Context of findings: the need for a transparent, robust registry ............................................ 2 2 Spectrum of initiatives ................................................................................................................. 3 3 Offsetting data – analysis of trends ........................................................................................... 6 3.1 Trends among project types ................................................................................................. 7 3.2 Project overlap – implications for future volumes ................................................................. 9 3.3 Project integrity – implications for future accounting and standardization ......................... 10 3.4 Next steps ........................................................................................................................... 10 4 Offset program and project profiles by carrier ....................................................................... 11 Air France/KLM ........................................................................................................................... -
Introduction to Railway Engineering
Transportation Engineering -II Dr.Rajat Rastogi Department of Civil Engineering Indian Institute of Technology - Roorkee Lecture - 1 Introduction to Railway Engineering Dear students, I welcome you all to lecture series on course material of transportation engineering two. Transportation engineering two consists of two parts: the first part is relating to railway engineering and the second part relates to airport engineering. We will be taking up different aspects related to railway engineering and airport engineering in succession during these lecture series. Today, we will be starting with the introduction of railway engineering and in this introduction we will be taking up different aspects as mentioned here. We will be looking at the importance of the transportation systems. We will go through the history of the Indian railways, we will look at the zoning systems adopted by the Indian railways and then, we will also be looking at some of the important characteristics by which we can compare different transportation systems by the special reference to rail and road transport systems. (Refer Slide Time: 01:33) Now we start with the importance of transportation system. When we start with this one, as you have seen, we have different systems working by which we can transport not only the passengers but the goods. In general, the transportation system can be defined by using this definition which includes number of characteristics of any transportation system taken in general. (Refer Slide Time: 02:05) It can be defined as, it is an optimum combination of Fixed facilities, Flow entities, Operational plans, Storage facilities and Control systems that permit people and goods to overcome the friction offered by geographical spaces in a most efficient, safe and convenient manner in order to achieve time and place utility for the desired activity. -
SP's Aviation June 2011
SP’s AN SP GUIDE PUBLICATION ED BUYER ONLY) ED BUYER AS -B A NDI I News Flies. We Gather Intelligence. Every Month. From India. 75.00 ( ` Aviationwww.spsaviation.net JUNE • 2011 ENGINE POWERPAGE 18 Regional Aviation FBO Services in India Interview with CAS No Slowdown in Indo-US Relationship LENG/2008/24199 Interview: Pratt & Whitney EBACE 2011 RNI NUMBER: DELENG/2008/24199 DE Show Report Our jets aren’t built tO airline standards. FOr which Our custOmers thank us daily. some manufacturers tout the merits of building business jets to airline standards. we build to an even higher standard: our own. consider the citation mustang. its airframe service life is rated at 37,500 cycles, exceeding that of competing airframes built to “airline standards.” in fact, it’s equivalent to 140 years of typical use. excessive? no. just one of the many ways we go beyond what’s required to do what’s expected of the world’s leading maker of business aircraft. CALL US TODAY. DEMO A CITATION MUSTANG TOMORROW. 000-800-100-3829 | WWW.AvIATOR.CESSNA.COM The Citation MUSTANG Cessna102804 Mustang Airline SP Av.indd 1 12/22/10 12:57 PM BAILEY LAUERMAN Cessna Cessna102804 Mustang Airline SP Av Cessna102804 Pub: SP’s Aviation Color: 4-color Size: Trim 210mm x 267mm, Bleed 277mm x 220mm SP’s AN SP GUIDE PUBLICATION TABLE of CONTENTS News Flies. We Gather Intelligence. Every Month. From India. AviationIssue 6 • 2011 Dassault Rafale along with EurofighterT yphoon were found 25 Indo-US Relationship compliant with the IAF requirements of a medium multi-role No Slowdown -
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b685_Chapter-06.qxd 12/30/2008 2:21 PM Page 135 Published in Indian Economic Superpower: Fiction or Future? Edited by Jayashankar M. Swaminathan World Scientific Publishing Company: 2009 CHAPTER 6 INDIA’S AVIATION SECTOR: DYNAMIC TRANSFORMATION John Kasarda* and Rambabu Vankayalapati† Introduction India is no longer a country of promise — it has arrived, and in a big way. Not long ago regarded as a relatively closed and staid demographic giant, the nation has emerged over the past decade as “open for business,” quickly joining global leaders in everything from IT and BPO to financial services and medical tourism. As India’s integration into the global economy accelerated, so did its annual GDP growth rate, averaging over 8% since 2003. In the fiscal year 2007, its GDP expanded by 9.4% and was forecasted to remain above 9% for the next three years.40 Foreign investment concurrently mushroomed, posi- tioning India as number two in the world (behind China) as the preferred location for FDI. Net capital inflows (FDI plus long-term commercial debt) exceeded USD24 billion. The country’s explosive economic growth has yielded a burgeoning middle class in which higher incomes have led to sharp rises in purchases of automobiles, motorbikes, computers, mobile phones, TVs, refrigerators, and branded con- sumer goods of all types. Rapidly rising household incomes have also generated a burst in air travel, both domestic and international. In just three years from 2003–2004 to 2006–2007, commercial aircraft enplanements in India rose from 48.8 million to nearly 90 million, a growth rate of almost 25% annually. -
SP's Aviation
SP’s AN SP GUIDE PUBLICATION ED BUYER ONLY) ED BUYER AS -B A NDI I 100.00 ( ` Aviation Sharp Content for Sharp Audience www.sps-aviation.com vol 19 ISSUE 12 • DEcEmbEr • 2016 MILITARY CIVIL • CarTER REAFFIRMS ROAD FORUM FOR REDRESSAL: MAP FOR THE NEXT US AIRSEWA LAUNCH DEFENSE SECRETARY • BOEING ENTERS TaNKER RACE WITH FMS OFFER reGiOnAl AviAtiOn: • exclusive interview JOHN SLATTERY, LAST WORD: EMBRAER COMMERCIAL INDIAN NAVY REJECTS TEJAS (LCA) • TIANJIN AIRLINES-EMBRAER, PERFECT FIT FOR CHINA’S REGIONAL EXPANSION MEBAA 2016 • REPORT: • WORRISOME SCENARIO AERO EXPO INDIA 2016 • exclusive interview: WIELAND TIMM, Business AviAtiOn: LUFTHANSA TECHNIK • BAOA REPORT RELEASE • exclusive interview: JAYANT NADKARNI, EXCLUSIVE PRESIDENT, BAOA • MIDDLE EAST IN IRELAND & INDIA THE MIDDLE PAT BREEN, IRELAND MINISTER OF STATE FOR EMPLOYMENT AND SMALL OF A CRISIS BUSINESS +++ GOVERNMENT SUPPORT TO ENTREPRENEURSHIP IS RNI NUMBER: DELENG/2008/24199 EXTREMELY IMPORTANT PAGE 8 SIMPLY THE LARGEST MEDIA FOR (IN ASIA) AERO INDIA 2017 WE AT SP’S, SP GUIDE PUBLICATIONS FOUNDED IN 1964 HENCE A BACKGROUND OF OVER 52 YEARS, BRING THE COLLECTION OF THE LARGEST NUMBER OF PUBLICATIONS (NINE IN TOTAL) AT UPCOMING AERO INDIA 2017 PUBLISHED DAILY ON DAY 1, DAY 2, DAY 3 EMAIL US AT: ADVERTISING@ SPGUIDEPUBLICATIONS.COM SHOW SPECIAL CALL US: SHOW SPECIAL +91 11 24644763 +91 11 24644693 +91 11 24620130 SHOW SPECIAL +91 11 24658322 SHOW SPECIAL CONTACT US: ROHIT GOEL +91 99999 19071 SHOW SPECIAL NEETU DHULIA +91 98107 00864 RAJEEV CHUGH +91 93128 36347 SHOW SPECIAL SIMPLY -
CURRENT AFFAIRS March 6, 2019
Arata Isozaki, a prominent Japanese architect renowned for his versatility and transnational approach to design, has won his field's highest accolade, the Pritzker Architecture Prize. The 87-year-old will receive his coveted award, which consists of $100,000 and a bronze medallion, in May at the Palace of Versailles in France. The jury praised Isozaki for surpassing "the framework of architecture to raise questions that transcend eras and borders", and for his "profound knowledge of architectural history and theory, and embracing the avant-garde". It said in a statement: "He never merely replicated the status quo, but his search for meaningful architecture was reflected in his buildings that, to this day, defy stylistic categorisations." In a career that has spanned six decades so far, with more than 100 buildings around the world, Isozaki's approach has constantly evolved. More so than style or materials, his work is characterised by a search for what architecture can contribute to society. Isozaki's work began locally as Japan rebuilt following the devastation of World War II, and Allied occupation. He designed many buildings in his hometown, before expanding to Osaka and the capital, Tokyo. The 1980s saw Isozaki's international reputation grow with his first overseas commission, the Museum of Contemporary Art in Los Angeles and other prominent buildings, including the Palau Sant Jordi, which was part of the setting for Barcelona's 1992 Olympic Games. Pritzker Architecture Prize Founded in 1979 by the late Jay A Pritzker and his wife, Cindy, the Pritzker Architecture Prize honours a living architect or architects whose work combines talent, vision and commitment and who has produced "consistent and significant contributions to humanity and the built environment through the art of architecture". -
Leakproof Form-Work Gives Long Lasting Concrete
REGIONAL DEVELOPMENTS THROUGH AVIATION IN INDIA—CREATION OF NEW REGIONAL AIRPORTS AND REGIONAL AIRLINES —CreationRegionalCurrent Developments in Air and SpaceDevelopments Lawof new Regional through airports aviation and Regionalin India airlines Debabrat Mishra* Introduction One of the fastest growing aviation industries in the world is Indian Aviation Industry. With the liberalization of the Indian aviation sector, a rapid revolution has undergone in Indian aviation industry. Primarily it was a government-owned industry, but now it is dominated by privately owned full service airlines and low cost carriers. Around 75% share of the domestic aviation market is shared by private airlines. Earlier only few people could afford air travel, but now it can be afforded by a large number of people as it has become much cheaper because of stiff competition. The civil aviation traffic has seen an unprecedented traffic in the past few years on account of booming Indian economy, growing tourism industry, and entry of low cost carriers in the private sector, liberalization of international bi-lateral agreements and liberalization of civil aviation policy. In future also the civil aviation traffic is expected to grow at the same pace despite current slowdown due to global recession. But airport infrastructure has not kept pace with the growth of the civil aviation traffic. This has resulted in congestion and inefficient services in major airports, limited landing slots, inadequate parking bays and congestion during peak hours for airlines. Development of quality infrastructure will have an impact on international competitiveness and economic growth. This requires faster development of civil aviation infrastructure on public private partnership mode. -
11 Current Affairs
CURRENT AFFAIRS NONOVEMBERVEMBER -- 20192019 VOLUME - XI ADITYA COLLEGE OF COMPETITIVE EXAMS Santhinagar, KAKINADA Ph : 0884 - 2340236. ADITYA COLLEGE OF COMPETITIVE EXAMS Santhinagar, KAKINADA, Ph : 0884 2340236. CURRENT AFFAIRS - NOVEMBER 2019 VOLUME - XI 1. Recently the Finance Minister Nirmala Sitharaman released a special commemorative coin on Paramahansa Yogananda to mark his ____________ birth anniversary A. 100 B. 150 C. 125 D. 175 E. 130 Answer: C 2. What is the enhanced e-payment target by volume set by government for FY 20? A. 35 billion B. 45 billion C. 60 billion D. 55 billion E. 50 billion Answer: B 3. Recently, Government accords 'Maharatna' status to which among the following PSU companies? A. Hindustan Petroleum and Indian Oil Corporation B. Indian Oil Corporation and Power Grid Corporation C. Bharat Petroleum and Power Grid Corporation D. Hindustan Petroleum and Power Grid Corporation E. Hindustan Petroleum, Hindustan Petroleum and Power Grid Corporation and Power Grid Corporation Answer: D 4. Name the first state of India to enact a law on contract farming? A. West Bengal B. Andhra Pradesh C. Assam D. Tamil Nadu E. Maharashtra Answer: D 5. Which among these banks has issued the highest number of FASTag till now? A. Axis Bank B. HDFC Bank C. RBL Bank D. ICICI Bank E. Yes Bank Answer: D 6. Who among these is not one of the Deputy National Security Advisor (NSA) to the Government of India? A. Rajinder Khanna B. Datta Padsalgikar C. Ajit Doval D. Pankaj Saran E. None of these Answer: C 7. Who has been appointed as the new Adjutant General of the Indian Army? A. -
Paridnya – the MIBM Research Journal, Vol-6 Issue-1 September 2018
Paridnya – The MIBM Research Journal, Vol-6 Issue-1 September 2018 Analysis of Z Score For BSE Listed Airline Companies In India Ms. Sayee Kulkarni Assistant Professor, MBA(Finance), NET Kaveri College of Arts, Science and Commerce Karve Road, Pune, [email protected] Abstract The research paper focuses on calculating the Altman’s Z score for bankruptcy prediction for the airline industry in India. The modified Z Score for non manufacturing companies is used for analysis. 6 listed companies namely Jagson Airlines, TAAL enterprises, Global Vectra Helicorp, Spice Jet, Jet Airways, IndiGo Airways and the government owned Air India is considered for analysis. The Z scores for three preceeding years is calculated and analysed. The research paper states that the overall aviation sector is in financial distress . Only IndiGo airways is in the safe zone with a Z score of more than 2.9. All other companies are in financial distress. Keywords- Altman’s Z Score, Airline industry, BSE, bankruptcy prediction. INTRODUCTION the Altman’s Z score model to the BSE listed companies in the airlines sector. Bankruptcy is the failure of a business. It is when a company is unable to honour its DEFINITIONS financial obligations. It is a situation where a Altman’s Z Score: firm is unable to repay debts to its creditors. With more and more companies facing The Altman’s Z score was first developed by liquidation process, there is a need for a Edward Altman, financial economist and warning signal system for bankruptcy. The professor at Stern School of Business in the world over there have been many models for year 1968. -
The Herd Mentality
Businessworld The Herd Mentality CORPORATE The Herd Mentality Following the leader in hordes is a natural business instinct. But how many can last the distance? DINESH NARAYANAN Some regular, peak-hour commuters in Mumbai's crowded local trains have a seat-grabbing strategy they call ‘back maro’ (go back). They board trains moving in the opposite direction so that they are assured of seats when the trains turn around. But the number of such commuters has increased so much that many never manage to get a seat. Stephen J. Dubner, co-author of Freakonomics, gives a similar example of his bus travel in New York and says that people may not like being part of a herd, but psychologically they are somehow comforted by it. They succumb to the “herd mentality” and unthinkingly tag along — because if everyone else is doing it, it must be the thing to do. This human psychology is as prominent among Mumbai and New York commuters as it is among businesses. The phenomenon of hordes of people jumping on to the money-making opportunity in vogue is ages old. History of businesses around the world is peppered with such rushes — from the 17th century Dutch tulip mania when practically everyone in the Netherlands left their jobs to grow and trade tulips; the mid-19th century California gold rush, when people from all over the world flocked to the state to prospect for gold; the dotcom boom at the turn of the millennium; to the private equity and hedge fund craze of today. -
Answered On:06.08.2001 Complaints Against Airlines and Flying Clubs Ashok Argal
GOVERNMENT OF INDIA CIVIL AVIATION LOK SABHA UNSTARRED QUESTION NO:2314 ANSWERED ON:06.08.2001 COMPLAINTS AGAINST AIRLINES AND FLYING CLUBS ASHOK ARGAL Will the Minister of CIVIL AVIATION be pleased to state: (a) the names of scheduled airlines, non-scheduled airlines and flying clubs in the country at present; (b) whether some cases are pending in the court against these companies; (c) if so, the details thereof; (d) the details of debt equity ratio, current ratio and liquidity ratio of these companies; (e) whether the Government have received any complaint regarding the financial irregularity of any of the company/flying club; and (f) if so, the details thereof and the action taken thereon? Answer THE MINISTER OF CIVIL AVIATION (SHRI SHARAD YADAV) (a) The list of scheduled airlines/ non-scheduled airlines and Flying Clubs in the country are at Annexure I and II respectively. (b) and (c):Details of the court cases pending against these companies are at Annexure III. (d) Information is being collected. (e) and (f): Details of complaints of financial irregularitiy received from the DGCA are at Annexure IV. ANNEXURE-I LIST OF SCHEDULED/NON-SCHEDULED OPERATORS SCHEDULED OPERATORS: 1. AIR INDIA 2. ALLIANCE AIR 3. INDIAN AIRLINES 4. JET AIRWAYS (INDIA) PVT.LTD. 5. SAHARA INDIA AIRLINES NON SCHEDULED OPERATORS 1. ACE AIRWAYS PVT. LTD. 2. AERIAL SERVICES PVT. LTD. 3. AGNI-AEROSPORTS ADVENTURE ACADEMY PVT. LTD. 4. AHMEDABAD AVIATION ACADEMY LTD. 5. AIRWORKS INDIA ENGG. PVT. LTD. 6. ASIA AVIATION LTD. 7 AZAL INDIA PVT. LTD. 8. BLUE DART AVIATION LTD. (CARGO) 9. -
An Empirical Study of Domestic Airline Industry in India Abstract
DIMENSIONS OF CUSTOMER SERVICE QUALITY - AN EMPIRICAL STUDY OF DOMESTIC AIRLINE INDUSTRY IN INDIA ABSTRACT OF THE THESIS SUBMITTED FOR THE AWARD OF THE DEGREE OF Ph. D. (BUSINESS ADMINISTRATION) BY . VIPPAN RAJ DUTTT Under the Supervision of Dr. Mohammed Naved Khan' ; Dr. S C Bansal Senior Lecturer ' , » Associate Professor Department of Business Administration Indian Institute of Management Faculty of Mgt. Studies & Research Lucknow Aligarh Muslim University, Allgarh (India) (India) (Internal Advisor) (External Advisor) DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY OF MANAGEMENT STUDIES & RESEARCH ALIGARH MUSLIM UNIVERSITY ALIGARH (INDIA) 2008 ABSTRACT Introduction Civil Aviation represents one of the biggest industries worldwide with global airline revenues exceeding US$ 485 billion in 2007 (lATA, 2008b). The industry has moved towards liberalisation in the ownership of national carriers, capacity sharing, price controls and market access, leading to greater competition among airlines. In the de-regulated environment, the customer has many choices, if the first airline does not measure up-to the desired standards of service. Focus on service quality is the need of the hour if the airlines aspire to improve market share and further enhance financial perforniance in domestic and international markets. The airline industry has been a pioneer in the innovative use of Information Technology (IT) (Ghobrial & Trusilov, 2005). E-commerce and IT are changing the nature of the airline business. The dramatic growth of web and self-service technologies facilitate simplified passenger travel involving e-ticketing, automated check-in, common-user self-service kiosks and other passenger, services (Shon, Chen & Chang, 2003). Growth in the air traffic in recent years is due to the spread of low cost service.