Dubai International Airport Gets more Traffic

The Dubai International Airport The Dubai International Airport (DIA) get boomed their business as it got an augment of passenger traffic in last month. It recorded a 12.6% growth in traffic. It was the highest figure since May 2008. Additionally, it was the 2nd consecutive month of two-digit expansion in passenger traffic this year subsequent the 10.3% raise in June.

CEO of Dubai Airports in the United Arab Emirates, Paul Griffiths said ‘The Middle East continues to demonstrate vibrant growth during the global economic downturn and Dubai International (Airport) is at the epicenter of that growth.’ He added ‘The double-digit increases we’ve seen in the past two months are the direct result of a boost in passenger numbers from Emirates and other long-haul network carriers and continual growth in the low cost sector. As for cargo, considering that airports around the world continue to record sharp decline in freight traffic, we have fared well.’

DIA handled total 3,768,965 passengers in last month compared to 3,347,655 in the same period in 2008. The traffic January to July set at 23,148,452 passengers. It was up 6.1% from the corresponding period in 2008. It also handled 160,289 tones cargo in July, compared to 157,253 tones during July 2008. The amount of cargo this year is 1,035,118 tones compared to 1,038,807 tones in 2008.

LVS Targeted to Raise $400 Million

las vegas sandsThe world’s biggest casino operator Las Vegas Sands (LVS) is to issue adaptable bonds to boost up to $400 million. These coupons can provide an interest of up to 16 percent. According to a Chinese news paper reports Goldman Sachs has been hired to advice on this issue. It also reports a potential local listing on the Hong Kong stock exchange. The steps could indicate Las Vegas Sands skim off its Asian assets.

The fund from theses convertible bonds issue is subject to guarantee the continual development of the group’s Macau spreading out. The company possesses and runs the Venetian Macao Resort-Hotel as well as the Sands Macao in Macau. Moreover, the company is creating the Cotai Strip with feature roughly 21,000 rooms aligned with hotel brands for example St. Regis, Sheraton, Hilton, Conrad, Shangri-La, Traders, Fairmont, Raffles, Inter Continental and Holiday Inn. In a word, it is a master-planned and organized development of resort-casino assets in Macau. Additionally, Nevada-based the Las Vegas Company owns and runs The Palazzo Resort-Hotel-Casino, The Venetian Resort-Hotel-Casino, and the Sands Expo and Convention Center in Las Vegas. It also owns and operates the Sands Casino Resort Bethlehem in Eastern Pennsylvania and the Four Seasons Hotel Macao. LVS is also mounting the Marina Bay Sands integrated resort in Singapore.

LVS has held up well in spite of the global recession. The company’s revenue & profit has dropped but only modestly. Statistics say, net revenue for the 2nd quarter was around $1.06 billion. It was a shrink of 4.8 percent compared to $1.11 billion in the 2nd quarter of last year.

Qatar Airways Operates flights to Australia

qatar airways logoQatar Airways is going to operate flights to Australia by Christmas and in time for that
holiday season. The company will introduce two new routes to Melbourne and Sydney, along with the opening flight to Melbourne planned for 6 December. The Airways begins operating three weekly services to Melbourne with a new Boeing B777-200 Long Range plane to be delivered to the company later the year. The schedule quickly become every day early in the New Year, after the delivery of another second long range Boeing from the jet manufacturer’s plant in Seattle, Washington. The aircraft will be the airline’s fourth.

Chief Executive Officer of Qatar Airways Akbar Al Baker said he has been waiting very patiently for Boeing to deliver airliner that the Airways get on order to start operating the first of its two scheduled routes through Australia. Al Baker said “I know the traveling public is eager for us to begin serving Australia and I’ve had many people ask me about our direct routes to Melbourne and Sydney. We’re finalizing some details with regulatory authorities in Australia, and once we’ve received the necessary aircraft from Boeing, we will be ready to operate. He added “Qatar Airways already has 4,000 frequent fliers in Australia that are part of our loyalty program, though the local market remains largely untapped. The Australian economy was one of the few in the world that grew in the first quarter of 2009, so this shows that the market there is still very strong, and we believe there is demand.” Qatar Airways gave orders for 14 Boeing 777-300ERs in 2007, 6 of the 777-200 Long Range variant and other seven 777-200 freighters. All will be delivered until mid-2010.

The Boeing 777-200 Long Range airliner using on the route offer a two-class arrangement of 259 seats. In Business Class, 42 seats are available with passengers can enjoy comfort and it space gives a pitch of up to 78 inches with every seat converting into 180-degree completely flat beds. With another 2–2–2 seat design, Business Class travelers are assured of a window or aisle seat and profusion of space. On the other hand, in Economy Class, seat space is more than the industry standard with a pitch of up to 34 inches providing noteworthy leg room, whereas the 217 seats in a 3-3-3 arrangement.

The new process connects travelers from Australia to the UK and Europe just with a one-stop service. It is a planned an hour connection time in Doha. Additionally, from Qatar Airways’ hub in Doha, travelers can link to several destinations in South Asia, North Africa and the Middle East.

EMS Service Now in India

corolla altis21, March 2009 was a historic for Toyota Kirloskar Motor (TKM) as the company announced the inauguration of its global service initiative, Express Maintenance Service (EMS) in Bangalore. EMS provides one hour periodic maintenance service for every Toyota model. TKM Managing Director Hiroshi Nakagawa told newly launched Corolla Altis also included in this service.

EMS reduces the mentionable servicing time of cars with variation from the existing 17 hours to an hour by reducing the stagnation time between processes. It is on hand to consumers at the same price as the usual service. Following the achievement of the pilot Mumbai project in 2005, the proposed service was implemented at more than 14 locations in the country. The company plans to extend this project to over 50 locations in India by 2009.