Category Archives: Aviation ties up with Capital Float for collateral-free loans


Capital Float, Bengaluru-based digital lending platform to SMEs in India, has announced a partnership with to unveil its ‘VIA Loan Mela’. This loan festival, targeted at 5,000 travel agents across India, will provide them access to working capital finance across five cities in the country. This initiative aims at driving the adoption of Capital Float’s collateral-free product ‘Pay Later’, which will provide agents the necessary working capital support needed to scale up their operations and reach new customers. This festival was organised in Mumbai, Delhi and Faridabad in December and Kolkata and Hyderabad in November, targeting the travel agent community in these cities. ‘Pay Later’, a credit product designed by Capital Float, enables travel agents to make multiple drawdowns from a pre-determined credit facility, increasing their accessibility to instant finance. This revolving credit product can be accessed using Capital Float’s mobile app, which is available for download on the Play Store and the App Store. Agents can conveniently make payments to the principal using this app. Interest is charged on the drawdowns only and not the entire credit facility. Gaurav Hinduja, Co-Founder, Capital Float, said, “The revenue in the tourism industry fluctuates seasonally. During peak seasons, many travel agents from tier II and tier III cities have insufficient working capital to undertake bulk bookings. Through this, we aim to provide travel agents across India with more funds at their disposal to increase their booking capacity and revenue. Our Pay Later product helps small and medium-scale travel agents significantly increase their booking capacity and earn higher income.”

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Changi Airport Terminal 4 to open in 2017


Changi Airport Group (CAG) announced (16-Dec-2016) the completion of construction for its new passenger terminal building, Terminal 4 (T4). Having achieved the temporary occupancy permit for T4 during Dec-2016, marking the completion of the construction phase, the next stage of development will be focused on its interior fittings, as well as preparing it for operations. The terminal is scheduled to open in 2H2017. Construction work on the new terminal, located at the southern end of Changi Airport, commenced in early 2014. In addition to the two-storey passenger terminal building, the construction involved the development of two multi-storey car parks providing 1700 parking spaces, a two-storey taxi holding area, as well as three vehicular and pedestrian bridges spanning across Airport Boulevard to create new channels of access to T4. A 68m ramp control tower has also been constructed to enhance air traffic controllers’ management of aircraft movements in the apron and taxiways around the terminal. Completed in under three years, the T4 project involved over 4000 workers at the peak of its construction works. Yam Kum Weng, CAG’s Executive Vice President, Air Hub Development, said “The past three years have been an intense and exciting journey for CAG and our project partners. We worked closely with the architects and contractors to ensure that the development works were carried out according to plan, and witnessed the transition of our vision from architectural blueprints to fruition. We thank all our partners and contractors for their contributions towards the successful completion of the terminal’s construction, while achieving a clean safety record of 26.1 million accident-free man hours. For the next phase, we look forward to working with the airport community to prepare the terminal …

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Emirates touches down in Fort Lauderdale, South Florida

Emirates Airline Inaugural Flight EK213 from Dubai Touches Down at Fort Lauderdale-Hollywood International Airport  on Thursday, Dec. 15, 2016, in Fort Lauderdale, Fla. (Jesus Aranguren/AP Images for Emirates Airline)

Emirates launched its 11th destination in the United States with the start of a daily nonstop passenger service between Dubai and Fort Lauderdale-Hollywood International Airport. A VIP delegation and a contingent of international media were aboard the inaugural flight, which carried passengers from North America, the Far East, the Middle East, South Asia, the Asian subcontinent and Africa. Fort Lauderdale is Emirates’ second destination in Florida, after launching Orlando more than a year ago. The new service, operated by a GE-powered Boeing 777, marks the first scheduled commercial service from the Middle East to Fort Lauderdale-Hollywood International Airport serving the South Florida area of Fort Lauderdale, Miami and West Palm Beach. “Our new daily service to Fort Lauderdale will significantly enhance South Florida’s commercial and cultural connections. Emirates is proud to connect people across the globe and today’s inaugural flight illustrates the reach of our global network and the potential tourism and trade opportunities of our daily service,” said Hubert Frach, Emirates Divisional Senior Vice President, Commercial Operations, West. “The launch of this historic route will allow us to offer Emirates’ unique product and award-winning service to passengers flying to and from South Florida to our home in Dubai and onwards to more than 150 global destinations.” “FLL is proud to welcome Emirates, one of the world’s premiere airlines to Broward County. This new service to Dubai, and ultimately to the rest of the world, will provide our community with tremendous business and travel opportunities. With an estimated annual economic impact to our region of more than $100 million and approximately one thousand new jobs as a direct and indirect result of Emirates arrival, we are confident this new service …

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Jet launches direct daily between Bengaluru-Colombo from Jan 5


Jet Airways has announced the launch of a daily direct flight from Bengaluru to Colombo with effect from January 5, 2017. With this new connection, Bengaluru will be the second Indian city after Mumbai to be linked to Colombo and Jet Airways’ third daily service to the Sri Lankan capital. Jet will offer added connection for travellers between South Indian cities and Colombo via Bengaluru. Jayaraj Shanmugam, Chief Commercial Officer, Jet Airways, said “Jet Airways is delighted to launch a direct service between Bengaluru and Colombo. With increasing economic activity between India and Sri Lanka, Jet Airways realised the gap in the connectivity and plugged it with this direct connection. Guests between these two destinations will be offered the best in-flight product and service excellence.”

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First Delhi to Bhatinda flight takes off along with new airport


Union Minister for Civil Aviation P. Ashok Gajapathi Raju launched the first flight from Delhi to Bathinda and inaugurated the Bathinda airport in Virk Kalan village on December 12. Among other dignitaries present were AAI chairman Guru Prasad Mohapatra, Union Food Processing Minister Harsimrat Kaur Badal, Punjab Deputy Chief Minister Sukhbir Singh Badal and other BJP leaders. Raju said that the new terminal and the flight connectivity will not only boost passenger travel but also be a multiplier for the overall economic growth of the region. The New Civil Air Terminal is spread in 1200 sq. mtrs.  The terminal has been constructed at a total cost of Rs. 25 crores.  The terminal is equipped to handle 100 passengers (50 Departure + 50 Arrival) with modern passenger facilities such as two (2) Check-in-counters, one (1) Security Check X-Ray Machine, one (1) Arrival Baggage Conveyor Belt, one (1) Reserved VIP Lounge with Car Parking and Apron for two (2) ATR-72-600 type aircraft.

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Now, hand baggage tag-free at five Indian airports?


Ministry of Civil Aviation has announced that they could be done away with stamped hand baggage tags at Delhi, Kolkata, Chennai, Hyderabad and Bangalore airports from December 15. “We recently issued orders to do away with stamping of hand baggage tags at the time of security screening. The practice will be introduced on a pilot basis at five airports and if successful, may be expanded to other airports across the country. This will save passengers’ time while boarding and will not be a security hassle in any manner,” said R N Choubey, Secretary, Ministry of Civil Aviation, in an interview to The Hindu. The Central Industrial Security Force (CISF), which looks after security at airports, is likely to implement the move within a week, informed Choubey.

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Operations at Bengaluru airport partially closed from Feb 19-Apr 30


According to a report from Bangalore International Airport Limited (BIAL), Kempegowda International Airport (Bangalore-BLR) will not have flights landing and taking off between 10:30 a.m. and 5 p.m. from February 19 to April 30, 2017. The move is to facilitate upgradation work in the existing runway. The operations at the airport will be partially closed for three months next year. The runway will be partially closed during the rehearsals and show timings of the Aero India 2017. Authorities have worked out the flight schedules in the hours preceding and following the closure each day during this period with the Air Traffic Control and all the airline companies that operate in KIA, with the approval of the civil aviation ministry, a statement said. KIA is also building the second runway towards the southern side of the airport, which is estimated to become functional by September 2019. The second terminal will be operational by 2021. Together, the two terminals will be handling 55 million passengers a year by 2021.

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ATPI On the Go for business travellers


To make travel more efficient for its clients, the ATPI Group through the new version of its popular ATPI On The Go mobile app will now sync traveller profiles across all proprietary systems. To ensure due diligence is paid to travellers’ duty of care, ATPI On The Go includes a travel directory of local emergency contact details around the world.  A useful mobile wallet function is also available where travellers can store photocopies of passports and visas, a facility which can prove vital in the case of lost or stolen documents. Essential for busy travellers, the app has the ability to push notifications when flights are delayed and to browse all itinerary elements – including flight, rail, hotel and car reservations – all in one place. Kiran Vinchhi, Regional Managing Director, ATPI India, said: “By developing innovative mobile solutions and applications, we are pleased to be able to give our clients the ability to efficiently contour their booking options.”

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Emirates announce 40% discount sale on advance booking


Emirates has announced its annual advance booking sale with discounts as high as 40 per cent to destinations across Africa, Europe, the Middle East or the US, if booked by 10th December 2016. The offer is valid for return Economy and Business Class travel starting from December 3, 2016 to until June 29, 2017, and are available for purchase from now until December 10, 2016. Passengers can travel to a range of destinations around the globe while experiencing Emirates world-class hospitality at unbeatable prices. Some of the featured economy fares (Ex-Delhi) include: Dubai (from INR 16,689) Istanbul (from INR 37,007) London (from INR 40,280) New York (JFK) (from INR 56,417)

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Air India rolls out direct flight from Delhi-Madrid

787 Charleston Air India Delivery

Air India launched its first direct flight from Delhi-Madrid in Delhi, which was graced by P. Ashok Gajapathi Raju, Minister, Civil Aviation; Pankaj Srivastava, Director-Commercial, Air India. Madrid is Air India’s ninth European destination and 42nd international destination. Srivastava said, “The nine-hour flight would be able to cut down the flying time to Madrid by 4-5 hours, and would offer further connections to South American countries like Argentina, Brazil, Columbia and Chile.” The thrice a week flight with a B787 Dreamliner, offers a convenient departure at 1425hrs from Delhi and arrival at Madrid at 2020 hrs. From Madrid, the departure time is 2150hrs and arrival in Delhi at 1110 hrs the next day.

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