Corporate Results of over 2500 companies Friday, November 26, 1999
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes) flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
mobile communications industry
-
 

Branson to seek nod for Virgin Atlantic's takeoff 

Biman Mukherji  
New Delhi, Nov 25: Virgin Atlantic Airways chief Richard Branson will visit India next month to press the airline's demand for permission to fly to the country, the company said on Thursday.

"You only have to look at the current figures to see that there is a huge demand for extra air services between the UK and India," Virgin Atlantic's head of public relations, Paul Moore, said in New Delhi.

"We would like to think that if Virgin Atlantic were to come on to the route we would stimulate the demand in the market, especially for tourism," he added.

A team of senior Virgin Atlantic officials is in India to hold talks with a cross-section of the country's aviation sector and to pave the way for the flamboyant Virgin group chairman.

"The purpose of our visit this week is to prepare the ground for the visit of Richard Branson at the beginning of December where he is speaking at the Associated Chambers of Commerce and Industry conference," said Moore.

"Additionally, when he is here, he is meeting with avariety of parties to essentially lobby in favour of Virgin being allowed to fly between our two countries," he added.

The current aviation agreement between India and Britain allows only 16 flights a week, a quota that is entirely being used by Virgin's arch-rival, British Airways.

A new agreement allowing additional flights between the two countries has been pending for years. British Airways has also been keen to expand its flights to 22 a week. But talks between the Indian and British governments have stalled repeatedly over the question of giving state-run Air-India additional slots at Heathrow Airport.

"We are exploring the possibility of additional frequencies being granted both to India and United Kingdom. We feel we have a very good chance of gaining those frequencies," said Moore. Moore said air services between India and UK had become so saturated that about a third of the passengers between the two countries have to fly through a third country, increasing flight time.

He said that thetraffic demand was enough to absorb daily flights between London to Delhi and Mumbai.

"Frankly, the demand is there for us to have a daily service to both Delhi and Mumbai. However, as is always the case when you develop a new route, you tend to start with two or three or four air services a week and progressively build up," said Moore. Usually, Virgin starts on a new route with Airbus A340 planes and subsequently brings in Boeing 747s after the market expands.

The airline was banking on the additional values it offers to customers including lower fares for getting permission to fly the India-Britain route, Moore said.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.