CATHAY PACIFIC RELEASES COMBINED TRAFFIC FIGURES FOR MAY 2017

Posted by: at 6/16/2017 06:18:00 am


Cathay Pacific Airways today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2017 that show a slight decrease in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2016.

Cathay Pacific and Cathay Dragon carried a total of 2,849,475 passengers last month – a decrease of 0.5% compared to May 2016. The passenger load factor grew by 0.2 percentage points to 84.2%, while capacity, measured in available seat kilometres (ASKs), and increased by 1.5%. In the first five months of 2017, the number of passenger carried declined by 0.2% while capacity rose by 1.0%.

The two airline s carried 161,743 tonnes of cargo and mail last month, an increase of 11.5% compared to the same month last year. The cargo and mail load factor rose by 4.1 percentage points to 66.3%. Capacity, measured in available cargo/mail tonne kilometres, was up by 1.2% while cargo and mail revenue tonne kilometres (RTKs) increased by 8.0%. In the first five months of 2017, the tonnage rose by 11.3% against a 1.8% increase in capacity and an 8.4% increase in RTKs.

Cathay Pacific General Manager Revenue Management Patricia Hwang said: “May is traditionally one of the slower months of the year, and we saw a weakening in passenger demand for regional leisure travel after the Easter holiday period. On a brighter note, there has been an uptick in demand for premium class travel. Traffic on long-haul routes remained robust in May. Our Tel Aviv flights, which were launched in March, continued to perform well. We will start a seasonal service to Barcelona this summer, which we expect to prove popular with our customers. Meanwhile, yield continues to come under intense pressure in the face of competition.” 

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “Our cargo business continued to show strong year-on-year growth in May. While the market slowed down during the local Labour Day and Japan’s ‘Golden Week’ holidays, it promptly rebounded on all routes, especially those serving Northeast and Southeast Asia. Yield and demand continued to improve, which reflects the overall strength of the air freight industry. To take advantage of market conditions, we have bolstered our freighter fleet by wet-leasing two Boeing 747-8 freighters from Atlas Air Worldwide, which will supplement capacity on our existing network, including destinations in the United States and Europe.”

The full May figures are on the next page.


CATHAY PACIFIC / CATHAY DRAGON COMBINED TRAFFIC

MAY
% Change
Cumulative
%
Change

2017
VS MAY 16

MAY 2017

YTD

RPK (000)




- Mainland China
757,508
-1.7%
3,724,740
-1.4%
- North East Asia
1,231,334
1.7%
6,626,073
3.3%
- South East Asia
1,441,411
-5.5%
7,369,593
-3.1%
- India, Middle East, Pakistan & Sri Lanka
612,297
-6.2%
2,954,877
-7.3%
- South West Pacific & South Africa
1,234,991
-7.0%
7,282,880
-2.1%
- North America
3,120,448
1.9%
13,949,154
0.3%
- Europe
1,958,596
20.4%
9,847,382
13.9%
RPK Total (000)
10,356,585
1.8%
51,754,699
1.5%
Passengers carried
2,849,475
-0.5%
14,353,003
-0.2%
Cargo and mail revenue tonne km (000)
899,077
8.0%
4,461,081
8.4%
Cargo and mail carried (000kg)
161,743
11.5%
795,211
11.3%
Number of flights
6,642
1.3%
32,967
0.4%

CATHAY PACIFIC / CATHAY DRAGON COMBINED CAPACITY

MAY
% Change
Cumulative
%
Change

2017
VS MAY 16

MAY 2017
YTD

ASK (000)




- Mainland China
1,002,410
1.7%
4,927,401
2.8%
- North East Asia
1,549,506
-2.7%
8,008,800
-1.1%
- South East Asia
1,761,872
-1.5%
8,711,643
-2.3%
- India, Middle East, Pakistan & Sri Lanka
713,169
-8.8%
3,544,291
-10.1%
- South West Pacific & South Africa
1,608,875
1.1%
8,519,472
1.6%
- North America
3,457,549
0.9%
16,326,344
0.2%
- Europe
2,208,787
13.2%
11,078,855
9.8%
ASK Total (000)
12,302,168
1.5%
61,116,806
1.0%
Passenger load factor
84.2%
0.2pt
84.7%
0.4pt
Available cargo/mail tonne km (000)
1,355,074
1.2%
6,779,791
1.8%
Cargo and mail load factor
66.3%
4.1pt
65.8%
4.0pt
ATK (000)
2,524,796
1.3%
12,591,008
1.4%

About Cathay Pacific Airways

Cathay Pacific Airways is an award-winning Hong Kong-based airline offering scheduled passenger and cargo services to more than 174 destinations in 43 countries and territories around the world. Cathay Pacific Airways and Cathay Dragon currently operate 48 weekly departures from 6 cities in India to Hong Kong. Cathay Pacific operates 10 flights a week from Mumbai, 14 flights from Delhi, daily flights from Chennai and 4 weekly flights from Hyderabad. Whereas sister airline Cathay Dragon operates daily flights from Bengaluru and 6 weekly flights from Kolkata. Cathay Pacific Cargo is also one of the biggest air cargo operators in India with 25 scheduled freighter services to and from Mumbai, Delhi, Chennai, Kolkata, Bengaluru and Hyderabad
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SOCH ANNOUNCES ITS RED DOT SALE

Posted by: at 6/14/2017 03:17:00 am

~Soch's collection now available upto 50% off~

Leading ethnic wear brand Soch announces the much awaited Red Dot Sale in all outlets across India from June 15th 2017 till July 31st, 2017. The sale features a variety of elegant sarees, salwar kameez, kurtis, kurti suits, readymade cocktail blouse, tunics and bottoms for women at unbeatable prices.

SOCH ANNOUNCES ITS RED DOT SALE

SOCH ANNOUNCES ITS RED DOT SALE

SOCH ANNOUNCES ITS RED DOT SALE

The exclusive Red Dot Sale brings a wide range of designer ethnic wear from its existing collections and fresh designs brought in especially for this limited offer. The Red Dot sale include season's best sellers such as the irresistible Nicci, Yana, Ziva, Samara, Evita, Alyssa collections which will be available on discount during this period. The offer showcases an array of ethnic wear that is both stylish, yet traditional with intricate designs and bright vibrant colors.

The sale also features the brand's new ravishing line of collections –Evita, Ilana, Amaya, Reya, Mia and Nadia, a splendid range of kurtis, sarees, salwars, kurti suits and unstitched material which is available on MRP during this period. Grab the season’s latest collections at great deals and indulge in the trendy ethnic wear by Soch. The Red Dot Sale is also running on the brand's e-commerce platform  www.soch.in

The sale is across all Soch outlets:

 

About Soch

Soch launched its first exclusive outlet in February 2005, committed to fashionable range of designer wear for women at affordable price. The company based out of Bangalore, has 92 stores (across 39 cities)at convenient locations in Bangalore, Mysore, Mangalore, Hubli, Chennai, Coimbatore, Cochin, Hyderabad, Belgaum, Visakhapatnam, Gulbarga, Mumbai, Thane, Pune, Kolhapur, Vijayawada, Lucknow, Indore, Bhopal, Patna and Cuttack,Dharward, Tumkur, Udapi, Salem, Calicut, Kannur, Nellore, Guntur, Kanpur, Bareily, Bhubaneswar, Delhi, Goa, Jamshedpur, Ranchi, Raipur, Vadodara, Ahmedabad). Soch is one of the most loved ethnic brands in the country, designed for the modern Indian woman. The brand has redefined the traditional Indian outfit for women of all ages, who effortlessly balance work and home while still looking their best. The brand offers a wide range of stylish and elegant designer ethnic wear like sarees, salwar kameez, kurtis, kurti suits, readymade blouses and bottoms. For more information, please visit www.soch.in




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Godrej Appliances introduces the most energy efficient range of direct cool refrigerators

Posted by: at 6/14/2017 03:15:00 am

~ Aims at saving 18 million units of energy till 2019

~ Runs on extremely low voltage, allowing it to operate on home inverters

~ Plans to capture 15% market share

Mumbai, June 14 2017: Godrej Appliances, one of India's leading players in the home appliances segment, has unveiled its Godrej Edge Pro range of inverter compressor direct cool refrigerators. This new range of refrigerators, which consumes just 122 units of power annually, will help customers save Rs 6580 more than 3- star refrigerators over a period of 10 years, making it the most energy-efficient refrigerator in its segment. It can even run on extremely low voltage, allowing it to operate on power generated by home inverters. The technology promises to save up to 18 million units of energy compared to other three-star models till the year 2019. Moreover, it incorporates Godrej's unique Staycool technology which keeps the freezer cool for up to 24 hours after a power cut and comes in a range of vibrant colours.

Godrej Appliances introduces the most energy efficient range of direct cool refrigerators


Commenting on the launch, Mr. Kamal Nandi, Business Head and EVP – Godrej Appliances, said, “As an organization, Godrej has always endeavored to push the envelope, especially when it comes to energy efficient appliances. We are constantly exploring, innovating and evolving with the singular aim of delighting our stakeholders with cutting-edge products and services that seek to make their lives brighter, and the latest in our Direct Cool range of refrigerators is another attempt in this direction.”

Mr. Shivaji Sengupta, Product Group Head- Refrigerators said, “The Godrej Edge Pro inverter compressor refrigerator, the latest in our range of Direct Cool refrigerators is packed with a number of convenience-oriented features like Staycool technology and low-voltage operation. Furthermore the product also stands out due to its power-saving technology that will save the nation up to 18 M units of energy.”

Direct Cool category forms 78 % market of entire refrigerators market. Godrej aims to increase its share from 13 % to 15 % through this launch.

This new range has been launched in exciting new colors of wine, blue and brown, and is priced at Rs 18690 onwards.

To make it even more delightful for consumers, the company had recently increased the compressor warranty on all their models above 190L direct cool models to 10 years.

This product will be available across all channels and leading stores and is backed by a robust Godrej Smartcare service promise. Godrej Smartcare offers the widest service network with 625 service centres and more than 4500 Smartbuddy technicians, 24x7 call centre in 10 regional languages, Smartmobile vans for enhanced reach and faster service and CSN (Complete Satisfaction Number) which enables the customer to rate the service offered through a unique code.



About Godrej Appliances 

Godrej Appliances is one of the largest players in the Home Appliances space in India and has always delighted the consumer with relevant technology across a wide range of products. In 1958, Godrej was the First Indian Company to manufacture Refrigerators and has now become synonymous with the category. The company is known for delighting the consumer with innovative, relevant and green technologies. Godrej has created many milestones in the Indian appliance space – be it in the environment/energy efficiency space, including the launch of the first green AC in the world (2012), launch of the first green refrigerator in India (2001), launch of the first 5 star range of refrigerators (2008), launch of the first inverter AC in India (2005), the first refrigerator with 6 Star Performance(2012) or a pure consumer delight space like the launch of the music refrigerator, DAC (Dynamic Aqua Power Control) Technology, Tilt drum and U-Sonic technology in washing machine or Steam Microwave Ovens and Pizza/Kebab makers in Microwave Ovens. In recognition for its efforts, the brand has been conferred with many prestigious awards and honors such as the Consumer Superbrand Award (2013-14, 2011-12,), ‘Voice of Consumer’ Award by Frost and Sullivan (2014, 2013), Reader's Digest Trusted Brand- Gold (2015, 13, 12, 10, 09, 08, 07, 06), Business Superbrand (2011,10,08), ET Best Brands (2013-14), ET Promising Brand (2014-15); Consumer Superbrand (2009-10), ‘Most Innovative Company’ by Business Standard (2010), India Design Mark award for Green Balance ACs, Glitz Washing Machines and Edge Digi Refrigerator (2015,14,13), National Energy Conservation Award by Govt. of India, Ministry of Power, BEE (2015, 14, 09), Good Design Award by Japan Institute of Design Promotion for Edge Digi Refrigerator (2015) and many more. Both the manufacturing units of Godrej Appliances’ - in Shirwal and Mohali  became the first and only manufacturing units in the country to be honored with the coveted Platinum Green Co certification for their efforts in green manufacturing. Godrej’s focus on balancing consumer needs with the environmental cause has enabled the organization to redefine the technology landscape in the appliances industry – to the delight of both the consumer and the environment.



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Yuvraj Singh gives motivational talk at London Charity Event

Posted by: at 6/14/2017 03:12:00 am


~Ace Cricketer Yuvraj Singh in conversation with Hardeep Singh Kohli about his life journey ~

14th June 2017, Berkshire, UK: Ace Cricketer Yuvraj Singh attended a charity event hosted by Mackenzie Homes to support his NGO - The YouWeCan Foundation. The event was hosted at the Centenary Hall, Caldicott Preparatory School in Berkshire, UK.  Famed BBC broadcaster, comedian and Masterchef finalist Mr. Hardeep Singh Kohli hosted the evening. The conversation was centered around his incredible comeback in cricket post illness, his work with YouWeCan foundation and YWC fashion.

Yuvraj Singh gives motivational talk at London Charity Event

Yuvraj Singh gives motivational talk at London Charity Event

Yuvraj Singh gives motivational talk at London Charity Event


Yuvraj spoke about his personal journey of dealing with cancer with a never say die spirit and the thought behind establishing the YouWeCan Foundation and making it sustainable with the recent launch of his fashion label brand YWC fashion. While talking of his recovery phase from cancer Yuvi was seen to be quite emotional as he shared his journey to gain the inner strength to never give up. Speaking on the occasion Yuvraj said “It is an honor to be here and also a privilege to open my heart out and share my personal journey from a cancer fighter to a survivor with everyone present here today. I will feel fortunate even if I can motivate people to never give up and to continue to chase their dreams no matter how big is the obstacle. I live by two strong beliefs – to never give up and if one falls, one should get up and do it again.”

Yuvraj Singh who played exceedingly well in the recent matches between India and Pakistan as well as with South Africa was seen mingling with the guests and sharing interesting stories and personal insights he has gained along the way. He also shared some anecdotes from the memorable 2011 World Cup.”

Proceeds from the charity dinner went in aid to the YouWeCan foundation which brings Yuvraj Singhs vision to life for the empowerment of cancer survivors.

About YouWeCan Foundation:

YouWeCan Foundation, is a non-profit charitable organization, an NGO started by Cricketer Yuvraj Singh in 2012 under the Bombay Trust Act 1950.  After he was diagnosed with cancer and survived, Yuvraj Singh drew inspiration from the Livestrong Foundation in the USA and has emerged as a crusader in the fight against cancer. Back home he took active steps towards creating a consciousness on cancer prevention, early detection and fighting against stigma.

YouWeCan Foundation endeavors to help cancer patients and survivors to get access to the right treatment including raising funds for underprivileged patients. The foundation also supports survivors through the rehabilitation process and creating a better life for themselves without having to live in the shadow of the disease. The focus is to educate the masses so that nobody fights cancer alone, and towards creating awareness and eradicating socio-psychological stigma attached with cancer.


About YWC Fashion:

A home-grown lifestyle fashion brand, YWC is not just fashion; it is fashion with a conscience. YWC’s diverse collection features clothing for Men, Women and Kids of all age groups. The label features two very distinct categories: (i) The Gold Line, and (ii) The Core Line. The Gold line is in collaboration with celebrated designers, Shantanu & Nikhil. The Core collection is all about everyday trends and reinventing activewear. YWC intends to set new standards of fashion with its core DNA being in the larger social cause to nurture YouWeCan’s philanthropic endeavors. YWC recently launched its new Sprin-Summer collection which is now available on Jabong Myntra and YWC Fashion

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Locus scoops 8% from Rollick Ice Cream’s logistics costs

Posted by: at 6/14/2017 03:11:00 am

Bengaluru/ Kolkata, June 12, 2017: Continuing its quest to change the face of logistics in India, intelligent logistics automation platform Locus deployed its solutions to aid Rollick Ice Cream to reduce their logistics costs. Locus fills in a crucial technology gap for the frozen desserts manufacturer, which is looking at a busy season with the advent of summer.

Locus scoops 8% from Rollick Ice Cream’s logistics costs


The success of any cold chain system relies on the efficient transport of products that are sensitive to the environment and temperature from the place of origin to their destination. With an increase in demand, the high transportation costs add to their woes. In such cases, it becomes imperative to use the delivery vehicle to its maximum capacity. Built upon a proven technology, Locus helps businesses overcome said constraints and go above and beyond with their Route Optimization Engine.
Rollick uses Locus for planning their daily delivery to distributors all over West Bengal. With a quick turnaround-time, Locus’ engine shaves 2 to 3 hours off the planning time.

“We are delighted to add Locus’ solution to our logistics system,” said Mr. Gaurav Khemani, Director of Rollick Ice Cream. “It is important to improve the visibility of  the fleet, especially during the peak season. Locus ensured that our fleet was efficiently used, while also saving logistics cost by 6 to 8%.”

Locus aims at a low-carbon economy by reducing fuel consumption and improving operational efficiency. The routes generated by their platform are a testament to that promise. Further commenting on the collaboration, CEO & Co-Founder of Locus, Nishith Rastogi said, “Our goal is to empower our customers to solve logistics challenges, take faster decisions and help reduce wastage in their logistics chain, be it man-power, space or fuel, by leveraging our technology.”

The key problem in any transport movement is the high degree of unpredictable human intervention at each stage of operation, and the associated loss of consistency & efficiency with it. By harnessing the recent advancement in mapping information & computational methods, Locus automates these decisions, even  in the extreme complex real world scenarios of developing world.
Locus is currently automating intra-city logistics for leading companies including Urban Ladder, Lenskart, Quikr, Licious and 1mg.

About Locus
Locus is an advanced decision-making platform that provides automation and optimization in logistics operations through cutting edge algorithms. Locus provides powerful Route Planning, 3D Container Packing, Tracking & Advanced Analytics, all in one extensible platform, with the aim of automating all human decisions  involved in transporting a person or package between any two points. For a business, this leads to increased levels of Efficiency, Consistency & Transparency in operations.
Founded in mid-2015 by Geet Garg and Nishith Rastogi, graduates from IIT & BITS Pilani respectively. The core team at Locus comprises of ex-AWS engineers and PhDs from Tata Institute of Fundamental Research, Indian Institute of Science and Carnegie Mellon University with rich experience in data science, mobile and design.
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ICICI Bank inaugurates its 17th branch in Jodhpur

Posted by: at 6/14/2017 03:10:00 am


·         It houses a 24x7 ATM


Jodhpur, Rajasthan: ICICI Bank, India's largest private sector bank by consolidated assets, today inaugurated a new branch at Pal Road in the city. This is the 17th branch of the bank in the city, the most among private sector banks. The branch also has an ATM at its premises, which is available 24X7.

His Highness Maharaja Gaj Singh ji inaugurated the branch.

ICICI Bank inaugurates its 17th branch in Jodhpur

ICICI Bank inaugurates its 17th branch in Jodhpur


Speaking on the occasion, His Highness Maharaja Gaj Singh ji, said, “I congratulate ICICI Bank for opening their new branch at Pal Road in Jodhpur. ICICI Bank is the most technologically advanced bank in the private sector banking space which is following the vision of our prime minister for digitisation of India. It is known for its best in class customer services. I wish the branch personnel all the best and am confident for ICICI Bank scaling greater heights in banking sector”.


The branch will remain open from 9.30 AM to 4:30 PM on Monday to Friday. It will remain open on the first, third and fifth Saturday of the month from 9.30 AM to 4:30 PM.

The branch will offer a comprehensive range of accounts, deposits and loans including savings and current accounts, term deposits, auto, home, gold, personal and business loans along with credit cards. The branch also offers locker facility and services for NRIs.

ICICI Bank has 4,850 branches and 13,882 ATMs spread across the country as on March 31, 2017. It has more than 400 branches in Rajasthan.


ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter and ‘PocketsbyICICIBank’ the country’s first digital bank on mobile. For updates, visit www.icicibank.com , follow us on www.twitter.com/ICICIBank





About ICICI Bank Ltd: ICICI Bank Ltd (NYSE:IBN) is India’s largest private sector bank by consolidated assets. The Bank’s consolidated total assets stood at US$ 152.0 billion at March 31, 2017. ICICI Bank's subsidiaries include India's leading private sector insurance, asset management, securities brokerage and primary dealership companies, and among the country’s largest private equity firms. It is present across 17 countries, including India.
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