Etihad Airways inks ‘Codeshare Pact’ with UK-based Flybe

Submitted by Poonam Das on Sat, 11/07/2009 - 20:03

Etihad Airways, national carrier of United Arab Emirates, has signed a new codeshare pact with UK-based airline, Flybe.

Under the arrangement, Etihad will place its two-letter 'EY' code on a number of services ran by Flybe between Paris, Frankfurt and Manchester and 35 regional airports within the United Kingdom, while Flybe will put its 'BE' code on Etihad's flights among the same three destinations and its Abu Dhabi home base.

The latest agreement will offer Etihad customers access to various regional airports in the UK, including Southampton, Birmingham and Belfast.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.

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