Jay Menon

India Correspondent

Delhi, India

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Jay Menon
Private Indian airline Jet Airways has entered an arrangement with Thalys high-speed rail service for its first intermodal code-share, between Brussels and Paris. Under the code-share, Jet Airways will place its code on the Thalys-operated direct train service between the train station at Brussels Airport and Paris Nord, the carrier said in a Sept. 15 statement.

Jay Menon
The board of cash-strapped Air India somewhat surprisingly has decided to go ahead with the acquisition of 27 Boeing 787s despite the fact that a government official said recently the airline didn’t have the money to pay for the aircraft. At its first meeting under new Chairman and Managing Director Rohit Nandan, the Air India board decided that it wants the 787 acquisition to be part of its overall expansion program. The state-run airline will seek the federal government’s approval for the purchase, an airline official said.

Jay Menon
NEW DELHI — Swedish defense firm Saab and India’s Wipro Ltd. will jointly manufacture, market and sell active protection systems for ground vehicles on the Indian market. “The Land Electronic Defense System [LEDS] provides active protection to light and medium combat vehicles as well as to main battle tanks against engagement by weapons like rocket-propelled grenades, anti-tank missiles, mortars and artillery shells,” says Pratik Kumar, president of Wipro Infrastructure Engineering Ltd.