Word: deccan
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...paleontologist, who recently made her case at a meeting of the Geological Society of America. Geologists have known for centuries that a swath of central India was buried by a series of eruptions at around the time of the dinosaurs' demise. The remains of the flows, known as the Deccan Traps, still cover some 193,000 sq. mi. (500,000 sq km). The eruptions would have poured carbon dioxide and sulfur dioxide into the air, triggering runaway global warming and acid rain. That's bad news for living things, but it has never been clear if the eruptions were sufficiently...
...carriers find themselves in a peculiar bind. Demand is high: the number of domestic travelers is forecast to grow at least 25% a year through 2010, according to the Sydney-based Centre for Asia Pacific Aviation (CAPA), an industry consultancy. Yet carriers such as low-cost upstarts Air Deccan, IndiGo, GoAir and SpiceJet have added so many flights--even though there's no place to land them--that profit-destroying fare wars have broken out. Air Deccan, for example, advertises a fare of just $6.60 plus taxes for a 45-min. flight from New Delhi to Jaipur. Add in higher...
...grow by at least 25% a year through 2010, according to Sydney-based Centre for Asia Pacific Aviation (CAPA), an industry consultancy. Yet due to the air-transportation system's capacity constraints, carriers are being forced to fight for new business by engaging in profit-destroying fare wars. Air Deccan, for example, advertises a special fare of just $6.60 plus taxes for a flight from New Delhi to Jaipur. Add in higher fuel prices and you've got a recipe for red ink. Analysts put collective losses for Indian airlines at $500 million last year, following a couple of years...
...will improve operating efficiencies and cut costs by up to $150 million a year. Similar competitive advantages are being sought by Jet Airways. Jet became India's most successful airline after launching in 1993, but in recent years it has lost market share to low-cost upstarts like Air Deccan, IndiGo, GoAir and SpiceJet. Merging with Air Sahara will give Jet 27 additional aircraft and, perhaps more importantly, more gates at congested airports...
...vital tourism industry, ravaged by war and by the 2004 tsunami. Tourism Minister Anura Bandaranaike says the attack near Galle?a major tourist destination?could have "serious consequences." With the high season approaching, Sri Lanka's travel industry is faltering: arrivals in September dropped 11% from last year, while Deccan Lanka, a budget airline scheduled to launch next month, has put its plans on hold. Late last week, Bandaranaike called an emergency meeting with Sri Lankan tour operators to deal with the crisis. While the government and the l.t.t.e. say they will attend peace talks in Geneva this week...