headquartered in central india and having its operations in financial research , planning , engineering across various sectors .

the company was initially founded as credit innovative strategies private limited ( cisil ) in 2005 and subsequently renamed as axykno capital services pvt limited

axykno

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axykno capital services ltd . , nagpur , maharahstra , india . 292 likes . axykno is an end to end consulting powerhouse in sectors natural resources , energy ,
prior to joining axykno was leading the regulatory arm of a global it major .
axykno capital services ltd latest breaking news , pictures , videos , and special reports from the economic times . axykno capital services ltd blogs , comments and archive news on urltoken
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directors of axykno capital services private limited are naresh nautiyal , vishwanath iyer , ramakrishnan raman , .
axykno is bringing india inc closer through project planning and management in rail , road and transportation .
learn about working at axykno capital services pvt ltd . join linkedin today for free . see who you know at axykno capital services pvt ltd , leverage your professional network , and get hired .
pioneering advisory by axykno has secured india inc with 10 billion tones of natural resources for fuel security .
axykno is advising more than 16 + gw power projects , committing itself to the energy security of india inc .
axykno financial centre , leela vista , 3rd level w . h . c . road bajaj nagar nagpur mh 440010 in
axykno is bridging the infrastructure needs by offering an end - to - end advisory through innovative and interfaced delivery model .
axykno offers end - to - end support in clean energy for growth of india inc for a green earth tomorrow .
axykno capital services pvt ltd is an investment bank and project advisory company based in india . headquartered in nagpur india and having its operations in
c / o m / s axykno capital services ltd . , level 3 leela vista building whc road , bajaj nagar nagpur nagpur mh 440010 in
axykno capital services private limited ' s corporate identification number is ( cin ) u74920mh2006ptc158731 and its registration number is 158731 . its email address is admin @ urltoken and its registered address is axykno financial centre , level 3 , leela vista west high court road , bajaj nagar nagpur mh 440010 in , - , .
. m / s axykno capital services , headed by chartered accountant r ramakrishnan , provided the consultancy on forming a public - private partnership model to msmc .
axykno capital is an investment bank that provides independent advice on mergers and acquisitions and capital raising , as well as capital restructuring services to corporations , partnerships , institutions and individuals axykno capital combines superior execution capabilities , meticulous research , extensive transaction experience and a network of global partnerships to help our clients close transaction across geographies and ib products including merger & acquisition advisory , private equity placement and debt syndication . axykno has successfully demonstrated its ability to provide end - to - end client support across the value chain .
before joining axykno , served in various leadership positions including being a ceo of jv company of essar & hindalco and a ceo of a jv company form by four govt . owned undertakings
the firm says it got the msmc contract through an open tender . the axykno officials stressed that it was their firm which introduced the whole concept of competitive bidding in coal mining which was adopted by msmc and other similar organizations .
axykno capital services private limited ' s annual general meeting ( agm ) was last held on 30 september 2016 and as per records from ministry of corporate affairs ( mca ) , its balance sheet was last filed on 31 march 2016 .
an axykno official said , on the other hand , that cbi officials had contacted the firm saying that they may be questioned later on if any clarification was needed . however , they did not turn up after that , he claimed .
the consultant axykno was in the limelight when the coalgate controversy erupted for having bagged consultancy contracts from as many as 20 government agencies , where it introduced a similar joint venture model with private parties . msmc also struck similar jvs with adani and
“axykno pioneered and introduced a transparent bidding system in more than 14 government undertakings , bringing the best value to these agencies way back in 2007 . it has been a policy change agent , bringing good governance in government , ” said an official from this firm through sms .
continuing its probe into the coalgate affair , central bureau of investigation ( cbi ) on tuesday grilled officials of state government company maharashtra state mining corporation ( msmc ) , promoters of city - based sunil hi - tech company , and m / s axykno capital services , a consultancy firm also from nagpur .
officials in both sunil hi - tech and axykno confirmed an inquiry by the cbi . a senior official in sunil hi - tech said , “though basically the probe was concerned with allotment of coal block to msmc , cbi was keen on understanding the process through which our company got the mining contract . ”
get top management , md , ceo , hr manager contact details with email id of axykno capital services pvt ltd in nagpur . address , contact numbers , contact details of cio , chief finance officer cfo , hr head , sales head , purchase head , admin head , marketing head or manager also available .
axykno capital services private limited is a private incorporated on 09 january 2006 . it is classified as non - govt company and is registered at registrar of companies , mumbai . its authorized share capital is rs . 20 , 000 , 000 and its paid up capital is rs . 20 , 000 , 000 . it is inolved in business activities n . e . c .
presently associated with axykno capital services as avp - invesment banking . origination and execution involved across the life cycle of m & a ; & capital raise transactions . key transactions handled : buy side advisory for nmdc for acquisition of wonarah deposit australia acquisition 100 % stake in jmsil sugar by nsl - july 2011 mahindra forgings qip inr 1750 mn - march 2010 rights issue rio tinto usd 15 . 2 bn - july 2009
xykno is advising government corporations and private organizations across india on structuring the infrastructure projects across urban infrastructure , transport facilities , tourism planning & infrastructure development and agri business domain . axykno has infrastructure experts including engineers , architectures , planning experts , financial experts , legal experts which gives an unique advantage for undertaking project development and achieving successful completion of the project in a given time frame . we are currently advising and implementing major projects in ppp for government corporations and city development & sanitation plan for 22 cities in india . service offerings
a decision in this regard will be taken after discussion in general body meeting of nmc next week . already , nmc standing committee has appointed m / s axykno capital services to prepare detailed project report on the proposed university . however , prior to finalising the plan , nmc wants discussion to be held on various aspects and to take informed policy decision . hence , the matter has been listed on agenda for the general body meeting . there are various options available to nmc — nmc should itself create infrastructure for the proposed skill development university and management centre , opt for private participation , or call for proposal from public sector institute of national or international repute .
msmc , for example , bagged three coal blocks during this period . however , instead of extracting coal on its own through an mdo , msmc signed jvs with three private companies : lanco , sunil hi - tech and gupta coal . the private player holds 49 % in a jv , msmc the rest . however , msmc does not invest anything towards its 51 % , and holds it in the form of sweat equity . “this is a superior structure ( for the government ) , ” says r ramakrishnan , ceo of axykno , a nagpurbased mining consultancy that claims to have formulated this model . “it ensures more benefits to the government in terms of equity , upfront money through bidding , and better control and ownership . ”
) have set the ball rolling for the development of multi modal transportation hub ( mmth ) at surat railway station .
) headquarter at churchgate on tuesday between the officials of the railways , gsrtc and the smc and 12 potential bidders of the work .
irsdc ceo sanjeev kumar lohia presented the proposed plan and termed it as the best investment opportunity for the national and international bidders .
the second series of consultation process on second pre - application conference will be held in surat at the surat municipal corporation ( smc ) headquarters at mughalsarai on may 13 .
project will be implemented under a joint venture special purpose vehicle ( spv ) , which is proposed to be created for the benefit of the common man .
the components of the project include redevelopment of railway station , re - development of gsrtc bus terminal , providing east - sest road connectivity , development of common facilities and commercials along the project integration connectivity and operations & maintenance of railway station & bus terminal .
this is the first of its kind of infrastructure development where all the three levels of government i . e . central ( railways ) , state ( gsrtc ) and urban local body ( smc ) are forming a joint venture and pooling their land to integrate different modes of transport i . e . rail , city bus , long distance bus services , auto , taxi and private vehicles etc . for the maximum convenience of the passengers through seamless connectivity across all modes and provide international experience of travel comfort .
conceptual master plan of the proposed development has been agreed and all parties have agreed in principle to pool in their land for the integrated development of the mmth . irsdc on behalf of the proposed spv has invited
expression of interest
from interested developers and operators to firm up the eligibility criteria for the further bidding process .
official sources said that notices have been circulated to almost all the leading developers in india and indian embassies have been approached to give wide publicity for the project so that the participation from the foreign bidders is also facilitated .
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r ramakrishnan was a reasonably known chartered accountant when he set up the a ' xykno capital services ltd in 2006 .
nagpur : r ramakrishnan was a reasonably known chartered accountant when he set up the a ' xykno capital services ltd in 2006 . that was also the year when 52 blocks were allocated by union ministry of coal ( moc ) , followed by 51 in the next year . suddenly , the company became an expert on coal and today boasts of a clientele of state - run corporations from maharashtra , madhya pradesh , chhattisgarh , tamil nadu and gujarat .
in one its presentations that toi gleaned off the net , a ' xykno claims to have ' relationships ' with 24 governments and 22 private companies . the co was the advising and implementing agency for 30 coal blocks with geological reserves of 8 billion tones . it also claims to handle projects aggregating to a mind - boggling rs 1 lakh crore in a short span of six years . to put the amount in perspective , the coalgate scam as projected by cag is rs 1 . 86 lakh crore .
the city - based a ' xykno came into the news when cag estimated that the chhattisgarh mining development corporation ( cmdc ) had incurred a loss of rs 1054 crore on a single coal block . according to cag , the bjp mp ajay sancheti - run sms infrastructure limited , another company headquartered in nagpur , was the company that was favoured .
advice from a ' xykno saw loss - making state mining corporations making huge profits . in the process , the company too is estimated to have made a windfall .
a ' xykno capital services ltd has its sprawling office on the 3 { + r } { + d } floor of an upscale leela vista building on bajaj nagar square . ramakrishnan set up the company along with his elder brother r vishwanath iyer . interestingly , former ias officer dr kamal taori was one of the directors of a ' xykno .
the exact year when taori was director could not be ascertained . taori is also a former member of planning commission and former director general of council for advancement of people ' s action and rural technology ( capart ) which comes under the union ministry of rural development . taori ' s present status in a ' xykno could not be ascertained .
data from a ' xykno ' s website and information from state - owned companies reveal that it initiated the ppp model in the country in captive coal blocks sector . the company ' s expertise became so well - known that the maharashtra state mining corporation ( msmc ) engaged it in first securing blocks from the ministry of coal and then marketing it . soon , smc ' s of two bjp - ruled states - madhya pradesh state mining corporation ( mpsmc ) and chhattisgarh mining development corporation ( cmdc ) - too had engaged a ' xykno .
actually , the company advised smcs to do what the coal ministry could and should have done , and what several private allottees have also done : simply sell the blocks with them to the highest bidder . smcs then get an upfront amount which depends on the geological reserves . the private companies would then mine the coal and split revenues with smcs . left unsaid is the fact the money pocketed by smcs , which were all loss - making because of their inefficiencies , and private allottees that sold their blocks could have come to central government coffers .
msmc made rs 205 crore on the a ' xykno ' s model from just two blocks . it could have been double had on the four allocated blocks not fallen in the buffer area of tadoba andhari tiger reserve . once coal production would begin , the smcs would stand to gain a few hundred crores more . the msmc had suddenly made profits enough to buy a rs 17 crore commercial building to set up its office in the city .
according to the a ' xykno model , private companies would have to execute all works like acquisition of land , clearances , overburden removal and coal excavation .
a ' xykno was also engaged by a joint venture of msmc and tamil nadu electricity board ( tneb ) , chhattisgarh state power generation company ltd , and mpsmc ' s sixth block for auctioning . the financial model was same but with minor changes due to different nature in allocation .
ramakrishnan ' s company was then selected by the smc of a third bjp - ruled state , gujarat , for auctioning its one block . however , the process could not be completed due to the block coming in an environmental no - go zone . the firm moved to jharkhand and orissa too but could not achieve success there . company sources insist some transactions are on the anvil in these states too .
nagpur : deflecting all controversies , r ramakrishnan , the brain behind a ' xykno , says the city should be proud that the company has its head office in the city .
i have nothing to do with the ajay sancheti controversy as my work was just to advise and complete the bidding process . it was the chhattisgarh government ' s responsibility to select a bidder and enter into a joint venture ,
he said .
ramakrishnan claimed that the company had a
team of 100 talented experts
from every field
including ex - ias officers
.
a ' xykno is a limited company with three independent and two promoter directors . our business is spread in many states , and we have offices in new delhi , mumbai , pune and thiruvananthapuram ,
he said without revealing its financial and administrative set - up .
on his ppp model which fetched smcs huge money , ramakrishnan said ,
smcs do not have the funds and the technical staff . they also do not have expertise in coal mining . the model prepared by us not only benefited the smcs but also attracted some experienced private companies ,
he claimed that the model was praised by the central mine planning and design institute limited .
the planning commission wants us to make a presentation of our model ,
said ramakrishnan .
abdul kalam , the former chairman - cum - managing director of eastern coalfields ltd which is coal india limited subsidiary , is among the company ' s board of advisers according to a presentation . kalam is also former director ( technical ) of cil . there are some more retired senior government and psu officials associated with a ' xykno including naresh nautiyal , an official from mineral exploration corporation ltd .
after the success of a ' xykno , ramakrishnan registered another company - a ' xykno green earth private ltd in 2007 . ramakrishnan ' s elder brother r vishwanath iyer looks after it . ramakrishnan has also registered six other companies between 2008 and 2011 .
he has just 2 weeks left & i need rs . 5 . 5 lakh to save him .
he has just 2 weeks left & i need rs . 5 . 5 lakh to save him
at ibm , when performance review time rolls around , staff get judged not on their past achievements but also on how they might perform . . .
samsung has taken the ‘make in india’ initiative to another level by launching ‘ . . .
sell capital first ltd . at a price target of rs 495 . 0 and a stoploss at rs 515 from entry point .
buy shriram transport finance company ltd . at a price target of rs 890 . . . .
the stock price of ndtv was ₹32 . 50 when the sebi order came on june 26 .
rural loans accounted for just about 10 % to indian total credit outstanding in 2016 , the red - herring prospectus of creditaccess grameen said .
parekh , however , made it clear that at hdfc ltd , the board and its present vc and ceo have agreed that he will continue in this role for a period of 3 years .
due to a severe cash crunch , wockhardt is facing a refinancing risk in fy19 .
hdfc bank ltd , edelweiss financial services ltd and yes securities ( india ) ltd will manage the company ' s public issue .
wipro chairman azim premji had once rebutted the suggestion that just as he inherited the business from his father , so it must go to his sons .
shriram transport to raise rs 5 , 000 crore via bonds at 9 . 40 %
the public issue will open on june 27 and closes july 20 with an option of early closure .
buy redington ( india ) ltd . at a price target of rs 166 . 0 .
banks that have large investments in corporate bonds will see a further erosion in profits .
sections of the pune - based family , led by atul kirloskar , has decided to back the venture with a three - year commitment of rs 1 , 000 crore as the equity seed capital .
india ' s top steelmaker is betting that vibrant growth will underpin demand in overseas markets and complement a boom at home that’s seen the mill ramp up local output .
rupee ' s previous all - time closing low was 68 . 73 , hit on november 24 , 2016 .
surat : the construction work for a modern railway station complex with multi modal transport hub ( mmth ) will begin in the city in 2017 .
for the construction of rs 5 , 000 crore modern railway station complex with mmth in surat in this financial year itself .
( smc ) , was represented by its chief executive officer sanjeev kumar lohia and chief operation officer parag verma in the discussions . wanda group is reportedly china ' s largest commercial property company and world ' s largest cinema chain operator . recently , the group concluded a contract of $ 10 billion for building ' wanda industrial new city ' in haryana .
we are working towards awarding the contract for the redevelopment of surat railway station and development of mmth by this financial year ,
said irsdc ceo sanjeev kumar lohia in a twitter reply . around 28 national and international companies like l & t ; , wanda group , arup , raheja builders , ilfs , tata realty , shaporji palonji , hector capital , jindal steels and schneider electric had shown interest in developing surat railway station during two successive pre - application conferences held in surat and mumbai in 2016 .
for the first time in surat city , under this project five iconic 61 floor towers would be developed on 2 . 64 lakh square meter of land belonging to indian railways , gsrtc and smc for which 100 per cent fdi would be allowed . redevelopment of existing 1 . 66 lakh square meter of railway station land would also take place . the lease period for the contractor has been increased from 45 years to 90 years . smc on its part will provide 4 floor space index without any charge to a developer for development .
the redeveloped railway station would have seven platforms and it will be a multi model transportation hub ,
lohia said .
the new railway station and mmth would be having a seamless interchange facility . passengers would be able to interchange from one mode of transport to other easily . the mmth would integrate brts , city bus , metro , high speed rail corridor , private transport , public transport , gsrtc and indian railways .
said ,
our vision is to make this structure surat ' s identity .
the project was pushed by prime minister ' s office .
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india inc to post 12 . 8 % revenue growth in q1 ; highest in three years
prime minister narendra modi on monday chaired a meeting with key officials in the railways and roads sectors where he asked the indian railways to increase the pace of implementation of its station redevelopment programme .
he also highlighted the need for more private investment to be brought in the roads sector . “the prime minister stressed upon the need to speed up the redevelopment of railway stations , and urged the railways to substantially raise its level of ambition in this regard . he emphasised the need for the railways to upgrade and diversify the uses of its . . .
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nagpur : ten years after the state government announced setting up of an international level zoo at gorewada , the bjp - shiv sena government achieved the first milestone on thursday by commissioning the day and night jungle safari and hi - tech rescue centre to treat wild animals .
gorewada zoo project was announced on december 12 , 2005 . however , the actual process to set it up started only in 2011 , and permissions for zoo master plan and rescue centre from central zoo authority ( cza ) and supreme court were obtained in 2014 and 2015 .
the 14km jungle safari , which is a part of the rs451 crore gorewada zoo project , will prove to be an attraction for city’s nature and forest lovers . the safari was formally inaugurated by chief minister devendra fadnavis in the presence of forest minister sudhir mungantiwar and a battery of senior ias and ifs officials .
the safari will be open in three shifts , from 6 to 10am , 3 to 6pm and from 6pm to 10pm . for morning trips , rs200 per vehicle will be charged while for night safari tourists will have to shell out rs300 . this doesn’t include the rs100 towards guide fee . fdcm has roped in 15 youths as guides from surrounding villages like mahurzari , fetri and gorewada . since open gypsies are not available yet , visitors will have to enjoy safari in their vehicles .
officials of forest development corporation of maharashtra ( fdcm ) , which is implementing the zoo project , claimed this is perhaps the first day and night jungle safari right inside the city . there are three leopards , many chitals , sambars and nilgais , reptiles and peacocks in gorewada forest . besides , a variety of bird species can be sighted . however , sighting of leopards is very rare .
toi was the first to report on april 4 , 2014 , about fdcm plans to start a jungle safari but the proposal was mired in red tape . even now , the zoo project doesn’t have clearance under the forest ( conservation ) act 1980 .
“it is a welcome step but it is surprising that it took so many years for the officials to start a simple jungle safari . had it been done a few years ago , lot of money and enthusiasm would have been generated among people about the project . besides , the safari would have generated a lot of direct and indirect employment , ” said biodiversity expert dilip chinchmalatpure , who wants the zoo project to be expedited .
“the jungle safari will be a unique experience . people see forest on both sides of katol road , but they have never explored it from inside . it has beautiful backwaters of gorewada lake . a safari within the city is itself an adventure . opening of the forest for tourists will also check illicit felling and grazing , which is rampant in gorewada , ” said himanshu bagde , a regular visitor to various parks .
fadnavis , mungantiwar and senior officials toured the entire 14km safari patch on thursday . a lot needs to be done to develop the habitat . there are three artificial water holes and five watch towers , which give a view of the entire gorewada forest .
“there is a dire need to develop meadows and solar water holes in the forest , besides planting fruit bearing and shade trees along the safari trail . it is winter and the forest has dried down , ” admitted fdcm officials .
when asked about the compound wall blocking free movement of animals , they said that of the 28 . 30km wall , 21km has been built . “but it has been observed that leopards can jump off the two - metre - high wall . last week , a top mantralaya official visiting the area sighted a chital carcass atop a tree . it must have been a leopard kill , ” they said .
“though a revised deadline of five years from 2016 - 2020 has been set to complete various attractions like indian safari , biopark , african safari etc , the jungle safari is a good start , ” said principal secretary ( forest ) vikas kharge .
students passing out of the varsity will provide a talent pool of professionals required for jobs in the second capital of maharashtra .
nagpur is an aviation hub and hence courses in aviation and airport logistics along with a top notch architecture centre will also be set up here , principal director of symbiosis society vidya yeravdekar said .
the pune - headquartered symbiosis international university ( siu ) is setting up a campus in the city for which the civic body has allotted 75 acres of land and the varsity will reserve certain number of seats for local students who will also get concession in fees .
the nagpur municipal corporation ( nmc ) has allotted 75 acres of land for the proposed campus at wathoda which will be the second largest siu centre , principal director of symbiosis society vidya yeravdekar said at a press meet in nagpur on friday . the society manages the siu , which provides courses in different streams ranging from law to management .
“the nagpur campus will be the second largest campus of the symbiosis after its pune campus . it will be first time in the history of symbiosis that out of the total student intake , 25 per cent seats will be reserved for nagpur - domiciled residents along with 15 per cent concession in academic fees , ” she said . “students of nagpur do not need to go to cities like pune or mumbai to seek quality education , ” she added .
the ground - breaking ceremony of the campus will be held on saturday . yeravdekar said “the nagpur campus will offer courses in management ( bba - mba ) , law ( ba llb and bba llb ) , design ( fashion & textile ) , skill development in fields of health , information technology and communication . ”
students passing out of the varsity will provide a talent pool of professionals required for jobs in the second capital of maharashtra . similarly , nagpur is an aviation hub and hence courses in aviation and airport logistics along with a top notch architecture centre will also be set up here , yeravdekar said .
“in addition , the campus will not only constitute of students across india but also from afro - asian countries . this will help nagpur make a mark on the global map , ” she asserted . speaking on the occasion , municipal commissioner of nagpur shravan hardikar said , “a detailed tendering process was followed for the allotment of land , with two major conditions of 25 per cent reservation to nagpur - domiciled students and financial concession in fees to local students .
“similarly , major emphasis was given on introducing management and skill - based courses . the land for the campus has been given on lease , ” added hardikar .
staff reporter , the decision regarding making available 102 acres of land at wathoda for the proposed skill development university and management centre , is likely to be finalised in general body meeting of nagpur municipal corporation ( nmc ) scheduled on july 20 . the said land was first acquired by nagpur improvement trust ( nit ) and then made available to nmc for sewerage farm . as a result , the land is in possession of nmc . the local body had proposed user change of the said land under maharashtra regional and town planning act . accordingly , the state government cleared user change . now , the land will be used for skill development university and management centre .
further , nmc is mulling over a proposal to keep the land ownership but make it available on nominal lease for 30 years with a condition for renewal of lease after that . in lieu of this , nmc may ask for keeping 25 per cent of the seats in each course to be run by the proposed university , reserved for students from nagpur city . there are various other aspects of the project that will come up for discussion during the general body meeting .
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nagpur : the road development works in city are facing hurdles in various forms with the encroachments being the major one . and when it comes widening of roads the haphazardly grown slums have been proving to be roadblocks . the live example is the 600 - metre patch connecting gitanjali talkies on central avenue to rajwada palace near gandhisagar lake . a project to widen the gitanjali talkies road to rajwada palace , which would serve as a crucial link between east nagpur and north nagpur , proposed three years ago , has hit a roadblock with the municipal corporation finding it difficult to remove the encroachments . the widening project is expected to reduce the travel time for motorists bound from south to central or north nagpur .
the project management consultant identified 40 properties needed to be acquired by the nmc for widening work at an estimated cost of rs14 . 50 crore . however , of the 40 properties mentioned in the dpr , nmc would require part possession of lands from the 11 property owners , who are lease holders of state government land and the slum dwellers who reportedly encroached even a portion of nullah , which is totally covered now . nmc has already approached the district collectorate for the 458 . 94 sq metre government land . but , the biggest hurdle is the slum dwellers . though illegal , an nmc official said the widening work has not been taken up as those who have encroached upon the road have a strong political support and as a result the slums have been registered as “notified slums . ” the civic body requires around rs 4 . 50 crore for infrastructure development work like road widening , but after considering compensation amount of the encroachers , the cost of the project will reach rs 14 . 5 crore .
the pmc had still not carried out any survey , it has suggested the nmc to keep rs 5 lakh reserved for shifting underground utilities . in fact , the slum - dwellers are not entitled to any compensation , but since they have a “notified slums” card , nmc will have to rehabilitate them , sources said .
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the multi - modal transportation hub ( mmth ) project at surat railway station is all set to get rolling .
surat : the multi - modal transportation hub ( mmth ) project at surat railway station is all set to get rolling .
sources said that irsdc , an arm of the railway ministry , is planning to give the contracts for construction of a rs 5 , 000 - crore modern railway station complex with mmth at surat this financial year . irsdc had held discussion with china ' s wanda group at new delhi on september 27 for the re - development of surat and gandhinagar railway stations .
( smc ) for the development of mmth at surat . during the two successive pre - application conferences held in surat and mumbai in may , around 28 companies of national and international repute showed their interest in developing surat railway station .
electric , among others . for the first time in surat city , under this project , five iconic 61 - floor towers will be developed and 100 % fdi will be allowed . lease period for the contractor has been hiked from 45 years to 90 years and tenders will be floated before diwali .
this makeover of surat railway station project will come up on 2 . 64 lakh sq metre land belonging to railways , gsrtc and smc . apart from that , re development of existing 1 . 66 lakh sq metre railway station land will also take place . the new railway station and mmth include a seamless interchange facility where passengers will be able to change from one mode of transport to other easily . it will integrate brts , city bus , metro , high - speed rail corridor , private transport , public transport like auto rickshaws , taxis and gsrtc apart from the railways .
c r paatil , mp from navsari said ,
the pre - tender meeting is scheduled to be held at gandhinagar on november 10 . all stakeholders including smc , irscd , gsrtc , etc , will meet . the tender will be floated immediately after the meeting and target is to award work to competent agencies by march - 2017 .
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flamboyant buildings with airport - like facilities , helipads , and executive lounges are going to be standard fare for indian railway stations in the years to come .
train journeys in india will be a different experience altogether , with upcoming world - class stations that will do away with long entry queues , untidy waiting halls , and stinking toilets .
the station buildings will wear a swanky look with separate terminals for arrivals and departures , like the ones at airports .
while the work has started on the development of habibganj as the first world - class station , indian railways is in the process of finalising bids for other railway stations . these include surat and gandhinagar in gujarat , anand vihar and bijwasan railway stations in delhi , chandigarh , shivaji nagar in pune , and sas nagar in mohali .
a railway ministry official said consultations are being held with foreign experts to develop these stations with world - class amenities .
sources said uttar pradesh will have over 12 world - class stations - the most of any indian state .
the french railway has taken up the work of developing ambala and ludhiana as world - class stations , while the french experts have also inspected the new delhi railway station .
a railway board official said countries like japan , south korea , belgium , switzerland and austria have also shown interest in developing railway stations in india .
sources in the railway ministry said the government will spend nearly rs 100 crore to develop 400 railway stations that were announced in the railway budget .
a railway board official said the stations will be developed by creating additional space that will also be used for commercial purposes like shopping malls , multiplexes , restaurants , and offices .
“the proposed world - class stations will have three levels . the top level will be used by outbound passengers , while those arriving from trains will use subways in the basement to exit from the station building . there will be minimum passenger movement on the platforms , ” said a senior official associated with the project .
the aim is to manage crowds at the railway stations , which go up manifold during the festive rush .
habibganj station is the first railway station to be redeveloped through the public - private partnership model under the station redevelopment programme of indian railways .
the total estimated cost of station redevelopment is rs 100 crore , while an additional rs 350 crore will be spent on commercial development .
as per the plan , habibganj will have have dedicated pick - up and drop - off parking facilities for station users . parking provision for over 1 , 000 vehicles has been made at the stations .
“the world - class stations will be designed as a multi modal transit hub . the stations will have adequate seating and waiting apace so as to reduce congestion . also , these stations will have multiple entry / exits for better crowd management , ” said railway spokesperson anil saxena .
“the stations will have segregated areas for passengers , commercial activities and railway officers . there will be dedicated approach roads for traffic to railway station along with municipal roads with its integration in circulating areas , ” saxena said .
in delhi , the railways have planned the overhaul of anand vihar terminal , which caters to trains bound for eastern states like bihar , jharkhand , west bengal and uttar pradesh .
apart from the creation of new facilities , the station will be integrated with anand vihar station of delhi metro and the interstate bus terminal ( isbt ) .
“as part of anand vihar redevelopment plan , railways will remodel the station building on the lines of the airport . the station building will be separate arrival and departure decks while there will be ample space for a hotel , restaurants , coffee shops , multiplex , retail outlets and offices . business of all sorts will be accommodated at the station building , ” officials said .
“the redevelopment plan of anand vihar is in advanced stage ; bids for it will be invited soon .
the upcoming railway station at bijwasan will have ample scope for commercial development . according to the railways , the redevelopment of stations will be a major source of revenue generation , besides benefiting lakhs of passengers every day .
for commercial exploitation , the railways plans to raise multi - storey buildings on unused land and lease them out to private firms . in the year 2015 - 16 , the railways posted a deficit of over rs 32 , 000 crore and the initiative aims at increasing revenue generation by commercially exploiting its resources .
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national airways ethiopia , formerly known as air ethiopia , is an airline based in addis ababa , ethiopia .

it operates chartered services .

it was established and started operations in 2007 .

national airways ethiopia

national airways is here to handle all your year - round transportation needs in ethiopia .
the cabin seats available on the national airways ethiopia are economy and business - class seats .
want to make your long - awaited trip to ethiopia a little more comfortable ? spice up your trip by flying privately with national airways ethiopia .
national airways ethiopia provides charter flight services within africa , europe , the middle east , america and asia .
formerly known as air ethiopia , the national airways ethiopia is a top african private airline and it operates from its main hub at the addis ababa international airport .
national airways ethiopia is also known as air ethiopia was founded in november 2007 by abera lemi . he had previously worked for the ethiopian flagship carrier , ethiopian airlines .
national airways offers both fixed - wing and helicopter flight services from our base at bole international airport , addis ababa ethiopia .
greetings ! national airways ethiopia is comprised of multi - cultural team that is always on hand to share our expert knowledge of breathtaking ethiopia and extensive travel experience within the wider east africa .
national airways ethiopia has a check - in time period of 30 minutes to 1 hour for domestic flights to 1 hour for international flight .
national airways provides charter flight services in ethiopia and to neighbouring countries including djibouti , south sudan , sudan , kenya , somaliland and somalia .
national airways ethiopia is a private aircraft charter provider offering our guests the very best in aircraft , reliability and customer service from any airfield or airport in africa . national airways offers both fixed - wing and helicopter flight services from our base at bole international airport , addis ababa ethiopia .
national airways ethiopia is private aircraft charter provider offering our guests the very best in aircraft , reliability and customer service from any airfield or airport in africa .
national airways ethiopia currently has flights from addis to dolo and addis weekly . while also servicing the addis ababa to garowe puntland and garowe puntland to addis ababa routes .
national airways ethiopia is a dynamic aviation organization that is dedicated to the core principles of safety and values of its clients ; national airways continues to be a leader in the industry with an enduring commitment to the quality , safety and respect of its people and services .
national airways has several sightseeing flights departing from bole international airport and throughout the nation . several additional op
our flying experience in ethiopia and east africa is extensive and because of increasing diamonds for flights further afield , national airways ethiopia is continuously working to expand our fleet and destinations . we are now able to provide our esteemed clients with the following service :
addis ababa , e thiopia – national airways , one of the flourishing private airlines in ethiopia , has boosted its current fleet size with two more new beech 1900d aircraft acquired from the united states .
the finest , dependable and professional air travel experience in east africa . recommended for comfort and pleasure national airways vip flights
in 2012 national airways established the national aviation college , which trains professionals in various disciplines including cabin crew , airline customer service , airport operation , airline ticketing and reservation .
established and kicked off operations in 2007 , it operates chartered services for passengers within ethiopia .
lemi said that if the policy is endorsed , national airways has a big expansion plan . “we will commence scheduled domestic and regional flight services once the air transport policy is implemented . i want to make national airways a second national carrier . we will grow big once the air transport policy is put in place . ”
a young pilot and entrepreneur established national airways , one of the fledgling private airlines in ethiopia , in 2007 . nine years on , kaleyesus bekele talks to that man – captain abera lemi – about his company ' s progress .
finally he came up with a new name , national airways , with a logo that says ‘the spirit of a rising nation . ’
“the booking platform has two portals , one for the general public and one for preferred tour operators , which allows national airways to track revenue by tour operators and allows operators to manage inventory for its schedule flights in ethiopia and east africa .
national airways was providing a charter flight services to various organization deploying a fokker 50 and two swiss made pilatus aircraft which is being phased out .
only under hh can we have a successful national airline . here i arrived in london this week using a powerful british airways plane . very efficient
just because south african airways is inefficient doesn’t mean we cant have a national airline . lets have a different structure from the south african one !
national airways ethiopia can get you there in ultimate style . our state - of - the - art aircraft and helicopters . chartered flights to any airport location in africa ; first - class approach to your flight and onboard arrangements a smart way of natural presence .
zambia needs a national airline . liquidating zambia airways was a mistake ! we are praying that soon , we shall have one ! god bless our leaders !
national airways wants to add another aircraft to its fleet soon . “it could be a dash 8 or fokker 50 . we have not yet decided , ” said lemi .
national airways will soon hold a press conference to unveil the new partnership it forged with dawit gebregziabher and the recently developed ambitious five - year strategic plan of the airline . ’
personalized planning . work with your dedicated aviation advisor in ethiopia—available 24×7—to plan and coordinate your private flights , catering and ground transportation .
air ethiopia was founded in november 2007 by abera lemi . he had previously worked for the ethiopian flag carrier , ethiopian airlines .
air ethiopia was founded in november 2007 by abera lemi . he had previously worked for the ethiopian flag carrier , ethiopian airlines .
national aviation college is a sister company to national airways and was established in 2013 by professionals who have served in the aviation industry for many years in a bid to provide world class training ' s in aviation , aeronautical and aerospace engineering . . . . .
why zambia should not start national airline : saa gets state bail . . .
‘’effective july 2014 national airways has brought on board the prominent ethiopian business tycoon , dawit gebregziabher , as partner and renewed its commitment of serving the ethiopian aviation industry . ’’ abera said .
the national airways ethiopia carrier currently has a fleet of 6 aircraft in operation with a further 2 planned for introduction . the carrier is looking to add 2 embraer 135 aircraft ' s to their stable which already has 2 fokker 50 , 2 pilus pc - 12 , two beech 1900d , and 1 eurocopter helicopter ec 130 b4 .
there is no magic wand that would make “zambia airways 2 turbocharged” successful . usa has no national carrier . the industry is run by the private sector . in the zambian case , national carrier yes , but not run or owned by government . goverment has no business in business .
today , national airways provides charter flight services for vips , international aid organisations , construction companies , and mining and oil exploration firms . currently , the company operates two beech1900d and one fokker50 aircraft .
nigeria airways , virgin nigeria and air nigeria were the national flag carriers of nigeria at different times which all went to the dust bin of history . in a renewed impetus to establish a national flag carrier the government of nigeria is looking for a strategic partner that will work with the government .
national aviation college is selected as top performing authorized training center ( atc ) in africa .
national airways , the leading private ethiopian carrier , offering passenger & cargo air transportation services , has launch an automated booking system for all its direct scheduled flight bookings through the airline’s new website website nationalairways . com .
ethiopia , with a population of approximately 90million people , is the second most populous country in sub - saharan africa , one of the world’s oldest continuous civilizations . ethiopia is located in eastern africa in the southern red sea region . it borders sudan on the west , eritrea on the north , djibouti and somalia on the east , and kenya on the south . ethiopia is one of the fastest growing economies in africa , having achieved substantial growth in its economy in the past few years .
a dynamic aviation organization that is dedicated to the core principles of safety and values of its clients ; national airways continues to be a leader in the industry with an enduring commitment to the quality , safety and respect of its people and services .
there are numerous countries that have abandoned the running of national airlines among them the uk government which divested its majority shareholding in british airways in the 1980s , kenya , nigerian , ugandan , drc , ghana and others have also done the same .
ethiopian airlines landed in asmara , eritrea , yesterday , in vvip flight led by h . e . dr . abiy ahmed , prime minister of the federal democratic republic of ethiopia .
in a bid to establish a national flag carrier , the nigerian government shortlisted three international airlines including ethiopian airlines .
launched in 2001 , kulula offers what sometimes seems a lighthearted take on flying , with bright green planes and wisecracking flight attendants . but it ' s serious business . its operator comair is partnered with british airways , air france and kenya airways , and it ' s spread from south africa to five other countries .
“ethiopia is a big country with a population of 90 million . it is registering a fast economic growth so i saw a big opportunity , which is why i selected this logo , ” said lemi .
these pf , all they think about is spending and spending whilst getting their cuts . state house and now national airline .
south africa’s national carrier , south african airways is drowning in a mountain of debt and government had to bail it out in order to avoid default and trigger the call out on all its loans . the airline has been bailed out several times and had prepared several restructuring strategies which all failed .
to realise his dream , in 2007 lemi resigned from ethiopian airlines and registered his company under the name air ethiopia , which became operational in 2008 with one beech1900c aircraft . however , the name air ethiopia raised controversy with ethiopian airlines and , after a long discussion with the management of ethiopian airlines , lemi changed the name to addis airline . even this didn’t satisfy the ethiopian civil aviation authority and lemi was told to change the name again .
national airways does , however , plan to provide scheduled domestic and regional flight services . in october the airline finalised preparations to begin a scheduled flight service between addis ababa and gerewe in puntland with a 19 - seater beech1900d aircraft . it also has a plan to start scheduled flights to somaliland and south sudan .
it should be noted that it is a well known fact in aviation circles that the national airline business model is a discredited and failed business model . any body who understands the aviation industry or who can carry out an objective and in depth analysis will come out with the same answer that the national airline in the traditional sense is not a viable proposition . the imf and world bank have not been in support of national airline projects at all . most governments that continue running national airlines are doing so because there are stuck with them .
the recent statement by minister of transport and communications , brian mushimba at the zambia international trade fair on july 2 , 2017 that the ministry was still looking at establishing a national airline came on the heels of the south african government scampering to look for funds to bail out the ailing national airline and were forced to use funds from the national revenue fund ( nrf ) , a reserve fund for exceptional expenditure .
the real motivation behind the national airline by those driving the project is employment , the nostalgia of flying free or subsidized to london and other european countries , the convenience to the party in power to fly around the country including for political campaigns and national pride of having a national airline as they admire rwanda air and others who they do not even understand how they sustain their airlines despite not being resource rich .
there are 16 registered private airlines in ethiopia but only six of them are operational . the private airlines complain that the seat limitation is imposed by the government to protect the state - owned ethiopian airlines , which they say is unfair .
the approach that the late president followed was flawed from the beginning and it amounted to doing the same thing all over again – restarting zambia airways – and expecting a different result . there is so much day dreaming in the airline project as they boast that they do not want a “kantemba” airline forgetting that it took zambia airways over 30 years to grow to where it was when it was disbanded in 1994 . successful businesses are not started big !
national airways forged a partnership with the south african red cross society air mercy service ( ams ) and started providing an air ambulance service . the company had two leased pilatus pc - 12s and a eurocopter ec - 130 - b4 helicopter equipped with stretchers , oxygen and all other required medical equipment . “we sent doctors to south africa and trained them on the medical evacuation service , ” said lemi .
the company ' s future is likely to become clearer in the coming months . but for now , nigeria ' s national carrier and its passengers remain up in the air .
however , lemi describes the situation of the general aviation in ethiopia as over - regulated with little support . “the problem is that general aviation is considered a luxury . but it is not a luxury it is a necessity . it could have a great contribution to the development of tourism and investment . ”
know where you ' re going ? needing inspiration ? east africa ' s popular and important cities , national parks and islands . important and interesting information to assist your travel planning .
the south african government announced in a statement on saturday july 1 , 2017 that it had provided south african airways ( saa ) funds to help it repay loans of about 2 . 3 billion rand ( $ 176 million ) to standard chartered .
the proponents of the national airline argue that it will promote tourism , trade and investment but this is a fallacy and it is not really proven especially that they do not match these perceived benefits against the cost to the economy of the national airline in terms of government subsidies , re - capitalisation , stifling competition in the aviation industry and keeping fares high and so on and so forth .
there is no doubt that such an airline will have all the ingredients of failed national airlines which include a blotted workforce , over paid staff , low productivity by staff including crew like pilots , appointment of incompetent managers who are mainly party cadres , imprudent acquisition of aircraft , acquisition wrong aircraft , political interference and abuse of the national carrier by politicians , overcapacity ( too many airplanes for too few routes .
i am against an airline with state money . that is why mmembe is in trouble . let private investors do it . apart from ethiopian airways , all airlines in africa make losses . even in europe . qatar , emirates dont make profit , its just because they have oil money .
the south african national airline saa relies on government guarantees estimated to amount to about 20 billion rand in order to keep it solvent . the airlines is said by experts and rating agencies to be a threat to the south african economy .
“i studied at college in kenya and australia and that gave me the opportunity to see how private airlines operate in those countries , ” he said . “i have seen how general aviation is developed in other countries . when i returned to ethiopia i saw a big opportunity . it is a big country but there are few private airlines . so i started thinking of establishing my own airline . ”
zambia doesn’t need a national airline . regional leaders ( zambia , zimbabwe , bostwana , tanzania , mozambique , namibia ) should seriously consider putting up a high speed electric train to cover the region to reduce travel costs and improve regional trade .
there is no argument about the fact that zambia has a problem with air transportation especially for local air travel especially which is too expensive as proflight is a monopoly . the solution , however , is not a national airline where government is the main driver .
a national airline in zambia is not sustainable period . . lets rather supports small operators like pro flight . we dont have the numbers to fly because we use buses . there is a gap for private operators . airlines have cancelled zambian route because its not profitable for huge planes .
“there is a huge potential in the ethiopian domestic market as well as in the region . we want to serve both the domestic and regional market . there is an economic boom in ethiopia , ” said lemi . “there are massive infrastructure development projects in every part of the country , mining and oil exploration projects are mushrooming . addis ababa is the political capital of africa . as the ethiopian economy is growing steadily , the demand for air travel is increasing . so the potential is immense . ”
recently , ethiopian signed a memorandum of understanding ( mou ) with the government of south sudan that enables it to invest on a national carrier in the newest nation . ethiopian is contemplating to partner with air rwanda . it has also shown interest in establishing a regional hub in the democratic republic of congo .
captain abera lemi , founder and ceo of the airways , has received the two 19 - seater turboprop aircraft at addis ababa bole international airport on tuesday , june 3 . during the receiving ceremony held at the airport , captain abera told the reporter that his airline acquired three beech 1900d aircraft with a lease purchase option . two of the aircraft have already arrived and the third one is expected to reach at addis ababa within the coming few weeks .
i totally agree with the writer that the only way the zambian government can successfully run a national airline is in partnership with another country or foreign company especially european or american companies . zambia can just have 30 % to 40 % shares . if we can fail to run and sustain a bus company like ubz how can we manage an airline ?
as part of vision 2025 , 15 year growth plan , ethiopian is implementing a multi hub strategy . the ethiopian national flag carrier is a strategic partner of asky , a pan - african airline based in lome , togo . asky , which began operations in 2010 , serves 22 destinations in west and central africa . ethiopian has a 40 percent stake on asky .
director general of the ethiopian civil aviation authority , colonel wossenyeleh hunegnaw , said the authority has drafted a national air transport policy and added that the ministry of transport had reviewed the draft policy . “we will deliberate with stakeholders on the draft policy and it will be endorsed . the air transport policy will address all the concerns of the private airlines , including the seat limitation , ” he said .
the fact that the domestic aviation market is closed for foreign companies does not seem to worry lemi . “a government may protect local airlines . i have no problem with that . but the local airlines established by local professionals and business people should be supported and encouraged . the seat limitation should be removed . our relationship with the national carrier is not healthy – that also should be averted . the ethiopian airports enterprise should treat us equally and fairly . ”
i think the article is making a lot of sense . it has enlighten me . however , it was premature for the govt then to liquid it . it will be a mistake for the govt to resurrect it . they should have recapitalize it then privatized it or sell 90 % shares . in privatize hands it should have prospered . to start a national airline again it would be a biggest mistake . instead the govt should help a private sector in establishing one .
in neighbouring botswana , the government decided to start privatizing the national airline , air botswana after giving up on supporting it from the treasury . air botswana ( ab ) had been bailed out several times and that country president’s general khama at one time in 2013 said that they will continue bailing it out because they can afford it but finally due to perennial losses and unsustainable drain on the treasury they have decided to try once again to privatize it . earlier attempts to privatize the airline failed .
i haven’t yet read the article . but , well managed , the national airline would be more profitable than the airlines you have mentioned due to zambia’s geographical positioning which will make it the southern air transport hub , good and modern airport facilities once the two international airports are completed , south african airlines are some of the most expensive airlines on earth , there’s deep xenophobia and murder crimes in south africa which most travellers are now scared of . in terms of botswana , the population is too small and travelers go there mainly for tourism . in zambia that includes business on top of tourism .
omo valley is undoubtedly one of the most unique places on earth because of the wide variety of people and animals that inhabit it . it is located in africa ' s great rift valley . the region is known for its culture and diversity .
our state - of - the - art aircrafts and helicopters . chartered flights to any airport location in
travelers will now be able to book their flight , access reservations info of flights and submit passengers information , pay online and find their reservation status all online .
the carrier’s online reservation system is capable of integrating with all the major gds’ . this allows us offer unique benefits in form of interline and codeshare agreements to our airline customers .
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abera praised the continuous efforts made by the ethiopian government towards creating conducive investment and business climate in the country’s aviation sector from which his airline is currently is benefiting . however , he believes that the sector should be liberalized for the sake of a sustainable and continual development of country’s aviation and tourism industry .
up - to - date football information here . just retrieving data from info source now .
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it is one of the popular private charter airlines in africa , which offers reliability , comfort , and safety of its passengers , with a wide range of services that include reliable cargo transport , safe passenger transport , aviation training , flight catering , maintenance repair and overhaul , ground services , and domestic and regional services .
baggage allowance ranges from 10 kg to 20 kg but it varies on the cabin seat chosen by the passenger .
trusted choice for private chartered flights across several destinations in africa and the world .
our travel guide provides all the information needed for your east african visit : regulations , documentation required , visas , health and vaccinations , insurance , travel tips , newsletter sign - up .
how to , faqs , searching & booking , change / amend bookings , residents vs visitor rates info , payment information / refunds , privacy policy , terms & conditions , contact .
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while abera lemi was serving with ethiopian airlines , he started thinking of establishing a private airline .
at that time the biggest problem was low demand for an air ambulance service . “the challenge is that we incur cost . we have to pay the lease fees for the fixed - wing and rotor aircraft every month . we tried to promote the service but there was little demand . we saved many lives but , from financial point of view , we could not succeed . we could not keep the aircraft on the tarmac and wait for injured people . we were losing money fast so we returned the aircraft .
“we still do provide the service , but not with internationally - recognised standards . the air ambulance service is something that i do with a passion . i want to revamp the service by acquiring modern suitable aircraft that meet international aviation regulation . however , for the time being we are focusing on passenger flights . ”
currently , there is no private airline that provides scheduled domestic flight services . ethiopian airlines is the only carrier that operates domestic services .
the ethiopian domestic aviation market is not liberalised . foreign airlines cannot operate domestic flight services . foreign investors cannot invest on local private airlines . the sector is reserved only for ethiopian nationals .
local airlines could not operate an aircraft with more than 20 seats . “we could not be profitable with 20 - seater aircraft . so we were compelled to interrupt the service , ” explained lemi .
after long arguments with private airlines in 2013 , the ethiopian civil aviation authority and the ministry of transport pushed the seat limitation to 50 seats .
“there is no way that we can be a threat to ethiopian airlines , ” said lemi . “we are too small to compete with ethiopian . we are unfairly treated , ” he lamented .
in addition to the existing courses , the college has finalised its preparation to start aeronautical and aerospace engineering and piloting courses combined with a bsc .
ethiopian launched its inaugural flight from london to addis ababa in june 1973 with just four flights per week stopping in rome , frankfurt and cairo operating just two boeing 720 aircraft .
african airlines ' traffic rose 3 . 8 % in may compared to a year - ago
the international air transport association ( iata ) announced global passenger traffic results for may showing that demand ( measured in revenue passenger kilometers , or rpks ) rose 6 . 1 % compared to the same month in 2017 , which was a
boeing has announced its plans to reveal the future of air and space travel at the 2018 farnborough international airshow in the uk which takes place july 16 - 22 .
air austral and air madagascar have materialised a crucial step in their strategic partnership .
kpmg is expected to make the final decision on selecting the partner airline in the coming few months . previously , nigeria partnered with virgin atlantic and established virgin nigeria airline . but that partnership failed after virgin atlantic pulled out in 2009 .
officials of ethiopian airlines declined to comment on the issue saying it is too early to talk about it . nigeria is a strong hold of ethiopian airlines . ethiopian began flying to the affluent west african country in 1962 . currently , ethiopian is serving four destinations in nigeria – lagos , abuja , enugu and kano .
ethiopian has also invested on another start - up airline in southern africa , malawi airlines ltd . the airline , which is based in lilongwe , began operations in 2013 from its hub at lilongwe international airport . it serves six domestic and regional destinations . ethiopian has a five year management and technical service agreements with both airlines .
we fly all over eastern africa . moving passengers and gear to remote locations .
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“a default by the airline would have triggered a call on the guarantee , leading to an outflow from the nrf and possibly resulting in elevated perceptions of risk related to the rest of saa’s guaranteed debt” , the statement said . “drawing on the nrf was a tough decision versus the worse one of defaulting . it was taken to reassure lenders that state firms and more importantly government won’t default , ” ministry spokesman mayihlome tshwete added .
the first solution to zambia’s aviation and tourism sector problems is to address the cost of doing business in these sectors in comparison with neighbouring countries . government levies and taxes are a great impediment to the development of these sectors . the local and foreign airlines that have closed shop in zambia have mainly done so on account of the cost of operating an airline in zambia .
the cost of aviation fuel in zambia is the highest in the region and fuel in one of the major components of operating an airline and it can make or break a carrier , this needs to be addressed by government and positive results will show within a short period of time .
the government should have minimum shareholding for credibility of the airline in the financial markets and the travelling public but effective control should entirely be with the private sector like it has done with kagem , zanaco and quantum mines .
it is time that the zambian government encouraged zambians to participate in high value industries like mines , telecoms , power , aviation etc if we are not to continue being blackmailed by foreign investors like the mines have done five times now ! they won on windfall tax ; on statutory instrument monitoring inflows and outflows of foreign exchange , vat s18 , royalty tax and recently on the reversal of the 15 % tax on export of concentrates . the government curved in after various threats by the mines of retrenchment , relocation and restricting supply of dollars to the market resulting in the kwacha depreciating in 2014 / 15 ! it is high time our politicians understood that foreign investment alone never developed a country !
the writer is a chartered accountant by profession and a financial management expert . he is an independent and non partisan commentator / analyst . he has lived in the diaspora in england , south africa and botswana for over 25 years .
as if they will listen . all they want is spend millions of dollars to buy the aircraft get their cut in $ $ $ millions and the poor people will pay through their hard and wide noses .
kalima shut up . airlines all over the world get govt bailouts . we need zambia to establish an airline that will fly directly into europe . it’s good for the economy . who are you anyway ulekanya indeke !
not even hh can save the aviation industry my friend . the business is suffering everywhere hence overbooking of flights et al . zambia doing that business now is the same as flushing cash down the toilet
@ nigga ! you are failing to manage simple projects with your chipante pante policies and you dream you can manage an airline . don’t just be pompous with f00lish pride , be reasonable for once . you can’t compare your illiterates running our economy to technocrats of south africa .
nez inferiority complex will never allow your little political group rule the country . what are you doing in london if not begging and doing odd jobs .
government should be paying you for this advice . it’s true that the best things in life are free . but no they will not . there is a big ( cash ) cow to be milked here . shocking to learn that a us $ 10m down payment has already been made to airbus for this , i thought that mushimba was the more educated and objective of our ministers . i suppose his rationality is trapped in the mob psychology that is governing us today .
i should not buy bread just because my neighbor is in debt . why is saa struggling should be the issue .
you cant make a profit in telecomms surely how can you even contemplate running an airline . . really laughable .
@ telvin yes they read . and you forgot to mention high aviation taxes which has hurt the airline industry . that’s why ethiopian airlines is currently the cheapest coz they are exempted from paying tax .
zambia does not have money to operate one and too does not have the management carpacity . note major middle east carriers are managed by foreign nationals .
for zambia to reduce losing out on scarce taxes bailing out the airline as it is imminent , better we focus on making the environment condusive for investment . we have two good quality airports coming up that’s a plus . and also focus on growing the middle class so that we have many potential aviation seeker [ growing the customer base ] .
dr makasa key word in your post is “without political interference ” good point but abeg ! ! ! tell me which company in zed will run like that when everything is compromised from the media , same zesco , water in order . if u don’t agree with anything u re simply shut down like post kaya ngati ni mast . ways will be found to squeeze u if u dont allow interference . anyway u get the point .
with or without political interference…govt has no right waste taxpayers funds in this sector .
ok , i get the point . just because others have failed so we should also give up on that project . so just because manchester united did not win the league last time , then arsenal , liverpool , man city etc should give up .
failure is more visible than success . success can pass through a failure stage . it is inconceivable for professionals to fail systematically . where is royal swazi ? where is air namibia ? where is angola airline ? where is ethiopian airline ? it is possible and desirable for a professional approach to airline business . even countries can come together to create and run a regional carrier along the lines of air afrique .
there are airlines which are thriving and there are those that are failing . why would you choose to just look at with failed ones and completely avoid even thinking about starting one airline ? however the points raised by kalima nkonde should be brought on board . we need to have a detailed analysis of the pros and cons of starting an airline . obviously it will be foolish to start an airline only to fail to maintain it later . maybe supporting the local private ones like proflight or resurrecting the zambian airlines can be the way forward .
good one kalima , hh made money off ftjs government by rendering such write ups on the obvious for which he was paid handsomely by a convicted and corrupt senior grz official who called himself a professor of maths but was later exposed by the task force as a corrupt person .
if you refuse to learn the vital lessons from the pitfalls of your neighbour’s marriage then you are likely to launch an ill - fated venture also .
in congo our northern neighbors , they are pushing for an agenda to avoid elections this year a situation that might lead to turmoil . i think lets also do away with elections since our neighbors are doing it… .
nubian naimwe… which plane do u want ukunina nensala iyi ? utumafupa teti tukwane namuli seat belt pandeke . are u following news ? air botswana just cancelled zed route
one can tell from the article that the writer understands the financial drivers of the business .
an airline is not run for the sole purpose of being a flag carrier . its a business so it must make a profit . however , if you look at africa all airlines are loss making save for only two . do we have the money to subisidise such expensive ventures ? we dont . like someone elso here points out lets make the public toilets first
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this is a best prospect industry sector for this country . includes a market overview and trade data .
aircraft and engine sales and leasing to both eal and smaller charter companies ; replacement parts ; and airport equipment , including transportation security technology .
prepared by our u . s . embassies abroad . with its network of 108 offices across the united states and in more than 75 countries , the u . s . commercial service of the u . s . department of commerce utilizes its global presence and international marketing expertise to help u . s . companies sell their products and services worldwide . locate the u . s . commercial service trade specialist in the u . s . nearest you by visiting urltoken
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we are a charter company registered according to the ethiopian commercial code and granted an air operator certificate from ethiopian civil aviation authority ( ecaa ) . we are also a member of ethiopian chamber of commerce and member of the international airlines transport association ( iata ) .
this post originally appeared on ethiosports . com . click here to read more . . . .
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( cnn ) nigeria ' s leading airline could soon be under new management .
ethiopian airlines has submitted a formal offer to take charge of troubled carrier arik air , which accounts for more than half of nigerian air passenger traffic , according to official statistics .
we have outlined our terms and conditions to the nigerian government and we are waiting to see if they agree ,
esayas woldemariam , ethiopian ' s managing director of international services , told cnn .
we are capable and desirous of handling the airline .
woldemariam did not specify details of the offer , but added that he expects to face competition for arik from international airlines .
nigeria ' s ministry of aviation did not respond to a request for comment but godfrey odudigbo , minister plenipotentiary at the nigerian embassy in addis ababa , said that negotiations over arik could be concluded by the end of the year .
an ethiopian airlines dreamliner jet . the company has enjoyed rapid growth in recent years .
arik has been operated by the state - owned asset management corporation of nigeria ( amcon ) since a government bailout in february .
the bailout was forced by a prolonged crisis that saw services canceled , staff unpaid , and mounting debt .
arik ' s managing director captain roy ilegbodu reported in august that the company had stabilized under amcon ' s leadership , with services running smoothly and salaries paid .
but the offer from ethiopian may be attractive for a cash - strapped government struggling through a prolonged recession .
by contrast , ethiopian airlines is one of the fastest - growing and most profitable carriers on the continent .
the airline reported a 10 percent increase in revenue to $ 2 . 4 billion for 2015 / 16 , with a 70 percent rise in profits , and passenger numbers climbed 18 percent to 7 . 6 million .
ethiopian is pursuing ambitious development at home , with the $ 345 million expansion of addis ababa ' s bole international airport , and abroad , having acquired a 49 percent stake in malawian airlines and 40 percent of asky airlines in togo .
nigeria , with the largest population in africa and high demand for air travel , is an attractive prospect for an ambitious airline . but it is unlikely to offer a smooth ride .
initially plying domestic routes in tanzania , fastjet started small in 2011 , but has since expanded to four other countries . with ed winter , a former easyjet executive at the helm , it ' s looking to break into the lucrative south african domestic market .
flying within south africa and to zanzibar , mango loves flash sales and will rebate flyers who join its mailing list .
filling the void left by the shrunken air zimbabwe , urltoken offers some seriously tempting deals - - when it launched some flights were as little as ( $ 9 ) . it also runs regular flights from south africa to harare , popular with zimbabwean expats .
one of the newest kids on the block , flysafair launched in october 2014 in direct competition with kulula and mango . ticket prices have been pared back recently to reflect lower fuel prices .
after ventures into ghana and angola proved costly , fly540 refocused its attentions to kenya where it has achieved great success connecting remote locations such as lodwar with the rest of the country .
another kenyan airline , this one serving only four cities , jambojet has recently been cleared to fly across africa from nairobi and mombasa .
closed in 2012 following a serious crash , dana air is back . it ' s still limited to domestic flights within nigeria , but an international license is on the horizon .
although not strictly african , urltoken nevertheless connects 12 cities on the continent - - albeit via dubai . hargeisa in somaliland is the next location to feature on its destination list .
it makes sense for the nigerian government to find a new partner for management of arik , as it is a drain on their finances ,
says oliver clark , sub - saharan africa specialist at the flight global consultancy .
ethiopian has a good track record of taking over management with airlines such as asky .
ivan nadalet , vice president at industry analyst ch aviation , agrees that a takeover by ethiopian could be
very beneficial
for arik . but he believes the nigerian government must resolve the company ' s debts , reported to be more than $ 800 million , to create the conditions for recovery .
putting in place a good management team without addressing the all - important issue of debt is like getting usain bolt to run the 100 meters with a 200 kilogram millstone around his neck ,
says nadalet .
arik may make progress in the short - term , but sooner or later , someone somewhere is going to have to bite the bullet [ and clear the debt ] .
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