Air India to get first Dreamliner plane on Saturday

September 6, 2012

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New Delhi, Sept 6: Air India’s long wait for the Boeing 787 Dreamliner is finally over, with the first of these long-haul planes set to arrive here on Saturday, sources said today.

The national carrier, which had placed orders for 27 of these aircraft six years ago, would get its first Dreamliner on Saturday, which is to be followed by the delivery of two more within the next few weeks.

However, the fate of the Delay Compensation Agreement, which was cleared by the Union Cabinet in August and is being fine-tuned by the Union Law Ministry, is still not clear, the sources said.

The agreement, supposed to be signed between the airline and Boeing, is to finalise the compensation to be given by the US aircraft major for almost four-year delay in deliveries.

The first batch was supposed to be delivered in September 2008 but design and production issues at Boeing delayed the deliveries.

With these new aircraft, Air India, which intends to get 14 of them by March next year, would launch flights on several long-haul international sectors, including new services to Australia, later this year.

For the next few weeks, the Dreamliner would be operated on the domestic sectors, including Delhi-Mumbai, to enable the pilots and crew get accustomed to its landings and take-offs.

Air India was the second world carrier to have placed orders for this aircraft. Those airlines which have inducted and are already operating this aircraft are Japan’s All Nippon Airways, Japan Airlines and Ethiopian Airways.

The plane is made of carbon composite material, which makes it light-weight and therefore is considered less fuel guzzler. Boeing claims the plane consumes 20 per cent less fuel compared with the similar-sized B-767s and better fuel efficiency implies lower flying costs.

According to Boeing, as many as 47 airlines across the world have ordered nearly 900 Dreamliners. The long-range, twin-engine aircraft has four variants, with the longest-range variant capable of flying over 15,000 km non-stop.

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News Network
January 31,2020

New Delhi, Jan 31: Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.

As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to hit an 11-year low of 5 per cent in the current fiscal ending March 2020.

The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21.

The Indian economy has hit the bottom and it will see an uptick from here, he said in a media briefing post the Economic Survey.

Amidst a weak environment for global manufacturing, trade and demand, the Indian economy slowed down with GDP growth moderating to 4.8 per cent in the first half of 2019-20, lower than 6.2 per cent in H2 of 2018-19.

Based on NSO's first advance estimates of GDP growth for 2019-20 at 5 per cent, an uptick in GDP growth is expected in the second half of the fiscal, it said.

According to it, the uptick in second half of 2019-20 would be mainly due to ten positive factors like picking up of Nifty India Consumption Index for the first time this year, an upbeat secondary market, higher FDI flows, build-up of demand pressure, positive outlook for rural consumption, rebound of industrial activity, steady improvement in manufacturing, growth in merchandise exports, higher build-up of foreign exchange reserves and positive growth rate of GST revenue collection.

The survey also emphasised that merger of public sector banks may increase the financial strength of the merged entities, lower the risk aversion and result in lowering of lending rates.

Further, as the implementation of GST further settles down, the increased unification of the domestic market may reduce business costs and facilitate fresh investment.

Reforms in land and labour market may further reduce business costs, said the survey, presented a day before Sitharaman's Union Budget 2020-21.

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News Network
March 23,2020

New Delhi, Mar 23: The total number of COVID-19 cases in the country rose to 390 on Monday after 30 fresh cases were reported.

The figure includes 41 foreign nationals and the seven deaths reported so far.

Gujarat, Bihar and Maharahstra reported a death each on Sunday, while four fatalities were reported earlier from Karnataka, Delhi, Maharashtra and Punjab, the Union Health Ministry said.

The total number of active COVID-19 cases across the country now stands at 359, while 24 people have been cured/discharged/migrated.

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Agencies
August 7,2020

New Delhi, Aug 7: India's COVID-19 cases tally crossed 20 lakh mark with the highest single-day spike of 62,538 cases on Friday, said Union Ministry of Health and Family Welfare.

The COVID-19 tally rises to 20,27,075 including 6,07,384 active cases, 13,78,106 cured/discharged/migrated and 41,585 deaths, according to the Ministry of Health.

Maharashtra with 1,46,268 active cases and 3,05,521 cured and discharged patients continues to be the worst affected. The state has also reported 16,476 deaths due to the infection.

Tamil Nadu has 54,184 active cases while 2,14,815 patients have been discharged after treatment in the state. 4,461 deaths have been reported due to COVID-19 in the state.

Andhra Pradesh with 80,426 active cases is the third on the list. There are 1,04,354 cured and discharged patients and 1,681 deaths reported from the state.

Delhi now has 10,072 active cases and 1,26,116 cured and discharged patients. 4,044 people have lost their lives due to the disease in the Union Territory so far. 

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