Saturday, October 28, 2006

Airlines set for a fresh battle over fare hike

New Delhi: The bitter battle between airline companies over hiking fares is far from over. India's 11 airline industry CEOs will get together again on November 16 to discuss a fare hike in an attempt to wipe some of the red ink on their balance sheets. And the discussion — to be held in Delhi — will be a stormy one.
The industry CEOs — under the aegis of Federation of Indian Airlines (FIA) — will also discuss appointment of a head-hunter who will be entrusted with the task of finding a professional secretary general for their association.
The move is aimed at giving the association a neutral, professional face and modelling it on the lines of other industry bodies like CII, Assocham and Ficci.
But a discussion on fares, sources say, is expected to take centre stage.
28/10/06 Byas Anand/Times of India
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