Private Airlines to go on strike 18th August 2009

MonkeyBoy4u · Jul 31st, 2009, 20:24

Hi All,

Just came across this news story on TV and thought it posting here on IM.

Private airline companies on Friday threatened to suspend operations from August 18 unless the government offered them a financial bailout.

The airlines decided to jointly launch the strike against taxes on Aviation Turbine Fuel (ATF) and airport charges. Describing the taxes as unsustainable, the companies said they couldn’t afford the mounting losses anymore.

As a joint strategy, all airlines have decided not to run flights from August 18. They will refund full fares of all bookings made from August 18 onwards. International flights, however, will not be affected by the agitation.

According to industry estimates, private airlines suffered losses worth Rs 10,000 crore in 2008-09.

The news is that only Domestic Flights will be effected.

vko · Aug 1st, 2009, 14:59

Check the Ongoing heated argument at similar thread :

http://www.indiamike.com/india/news-...opardy-t86721/

Jul 31st, 2009, 20:24	#1
MonkeyBoy4u Senior Member Join Date: May 2009 Location: New Delhi Posts: 256	Private Airlines to go on strike 18th August 2009 Hi All, Just came across this news story on TV and thought it posting here on IM. Private airline companies on Friday threatened to suspend operations from August 18 unless the government offered them a financial bailout. The airlines decided to jointly launch the strike against taxes on Aviation Turbine Fuel (ATF) and airport charges. Describing the taxes as unsustainable, the companies said they couldn’t afford the mounting losses anymore. As a joint strategy, all airlines have decided not to run flights from August 18. They will refund full fares of all bookings made from August 18 onwards. International flights, however, will not be affected by the agitation. According to industry estimates, private airlines suffered losses worth Rs 10,000 crore in 2008-09. The news is that only Domestic Flights will be effected. __________________ Two roads diverged in a wood, and I-- I took the one less traveled by, And that has made all the difference ~ Robert Frost

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Aug 1st, 2009, 14:59	#2
vko Senior Member Join Date: Apr 2009 Location: Hyderabad-Secunderabad Posts: 474	Check the Ongoing heated argument at similar thread : http://www.indiamike.com/india/news-...opardy-t86721/