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The Rape of Goa - A photo documentary
by
Rajan P. Parrikar
Venue: Menezes Braganza Art Gallery, Panjim, May 21-24, 2008
http://www.parrikar.org/misc/doc-notice.pdf
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Source: Flight International (UK). 20 May 2008. Excerpts:
India's domestic market may be growing at double-digit rates but profits
continue to elude the country's carriers. All five of India's domestic
low-cost carriers continue to incur huge losses and with fuel prices at
all-time highs it is unlikely there will be any relief any time soon.
Tony Fernandes, the head of Malaysian-based AirAsia, which plans to start
flights to India in October, says profitability in the Indian low-cost
sector "will happen without a doubt". But he adds that so far airlines are
not following the right model and are competing too much on the same routes
and at the same airports. "I don't think it's a cost problem," he says. "I
think they are not following the model. We'll let all the Indian airlines
kill each other first. Then we will come in."
Full text, 1003 words, at:
http://www.flightglobal.com/articles/2008/05/20/223836/whats-going-wrong-in-
india.html
For a Goan Voice UK profile of Tony Fernandes see
http://goanvoice.org.uk/supplement/TonyFernandes.htm
Eddie Fernandes
