Porter Airlines Signs Purchase Agreement for up to 30 Bombardier CS100 Aircraft; Becomes CSeries Air
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Bombardier Aerospace announced today that Porter Airlines has signed a conditional purchase agreement for 12 CS100 airliners, with options for an additional 18 CS100 aircraft. The agreement also includes purchase rights on six Q400 NextGen aircraft. The parties also disclosed that Porter Airlines is the unidentified, Americas-based customer that signed a Letter of Intent (LOI) for CS100 aircraft as announced by Bombardier in December 2012. Today's announcement was made at Porter Airlines' home base at Billy Bishop Toronto City Airport, where alongside Bombardier, they also unveiled the CSeries aircraft flight deck and cabin demonstrator that will be on private display at Porter's facility during the month of April 2013. Based on the list price of the CS100 airliner, a firm-order contract would be valued at approximately $870 million US and could increase to $2.08 billion US should the 18 options also be converted to firm orders. Should Porter also exercise the six purchase ri
ghts
for Q400 NextGen aircraft, the contract value would increase to $2.29 billion US. "Following an in-depth analysis of existing and re-engined aircraft, we have selected the all-new CS100 airliner for its flexibility and suitability for urban operations, including outstanding fuel efficiency and short airfield performance, as well as reduced sound and emissions," said Robert Deluce, President and Chief Executive Officer, Porter Airlines. "The aircraft fits perfectly into our business plans and growth strategy and we are also proud to be the Canadian launch customer for Bombardier's CSeries aircraft. We look forward to expanding our network with an all-Bombardier fleet of CS100 jetliners and Q400 turboprops - promoting greener, quieter flying." "Porter Airlines' selection of the game-changing CS100 jetliner for its operations is a compliment to the CSeries aircraft program and the flexibility of this aircraft and the missions it can perform. As an award- winning airline, Porter
is
widely recognized for its unique operations, as well as the refined service it provides and we are thrilled that Porter continues to look to Bombardier aircraft for its growth requirements," said Mike Arcamone, President, Bombardier Commercial Aircraft. "The worldwide momentum of interest for the CSeries aircraft program continues to grow and we are pleased that customers in both our traditional and growth markets are exploring opportunities and centering business cases around the use of Bombardier's CSeries jetliners and pairing them with their Q400 aircraft operation. We look forward to seeing the technologically advanced CS100 aircraft take to the skies in Canada and its neighbouring regions alongside Porter's existing fleet of 26 Q400 aircraft." "We're delighted about this agreement between Porter Airlines and Bombardier as it represents the first Canadian operator to select the PurePower® family of engines and also extends the strong relationship amongst Porter, Bombard
ier and
Pratt & Whitney," said Todd Kallman, President, Pratt & Whitney Commercial Engines. "In addition to double-digit reductions in fuel consumption and engine operating cost, our PurePower engine generates a noise footprint that is up to four times smaller than today's jet engine-powered aircraft, which benefits both travelers and airport communities." CSeries aircraft development program The first CSeries flight test vehicle (FTV1) is in its final stages of build and is progressing towards the transfer to the flight test phase following the completion of the full powering up of the main electrical distribution system in March 2013. The CSeries aircraft is moving closer to obtaining the safety-of-flight permit following the successful completion of the critical series of structural and system tests. The fly-by-wire system testing continues and to date, tests have shown results as expected. As for the assembly of the other flight test vehicles: systems installations are being comp
leted
on FTV2; the wings are being mated on FTV3; and the fuselage on FTV4 has entered into the assembly stage - all of which are advancing to schedule. Flight deck and cabin demonstrator Bombardier's flight deck and cabin demonstrator for the CSeries airliner will be on private display at the Billy Bishop Toronto City Airport from April 10 to April 30, 2013. Media requests to visit the demonstrator should be submitted to 416-375-3030. The CSeries aircraft flight deck features a number of technologically advanced communication and navigation aids and benefits from the latest avionics. The integrated design approach sets a new standard and offers reduced costs through increased operational efficiency and reduced pilot training, while improving reliability. The result is a finely tuned human- machine interface, which the demonstrator allows visitors to fully experience. The CSeries family of aircraft's spacious seating, increased shoulder space, extra-large windows, latest-generation
LED
lighting and upsized, overhead storage will deliver a new level of widebody-style comfort in single-aisle aircraft. The cabin demonstrator, representing the latest look and feel of the CSeries aircraft interior configuration, features a business class section, an array of economy seats at various seat pitches, and a variety of optional in-flight video displays. CSeries aircraft Designed for the growing 100- to 149-seat market, the 100 per cent new CSeries aircraft family combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond. Powered by Pratt & Whitney PurePower PW1500G engines, the CSeries aircraft family will offer a 15(i) per cent cash operating cost advantage and a 20(i) per cent fuel burn advantage. With the extra capacity seating option, the CS300 aircraft's productivity further improves, offering airlines an average of four(i) per cent additional cash operating cost advantage per seat. The CSer
ies
aircraft's clean-sheet design is ensuring that the aircraft will achieve greatly reduced noise and emissions, as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 NM (5,463 km)(i). The CSeries aircraft will be up to 12,000 lbs. (5,443 kg)(i) lighter than other aircraft in the same seat category and will provide passengers with a best- in-class, widebody cabin environment in a single-aisle aircraft. As of December 31, 2012, Bombardier had booked orders and commitments for 382 CSeries aircraft, which include firm orders for 148 CSeries airliners.Notes to EditorAbout Porter Airlines Porter Airlines has revolutionized short-haul flying with a warm and effortless approach to hospitality, restoring glamour and refinement to air travel. Porter is an Official 4 Star Airline® in the World Airline Star Rating® by Skytrax, and rated second in the world in Conde Nast Traveler's Readers Choice Awards Top Small Airlines category. The airline
currently offers flights to Toronto, Ottawa, Montreal, Quebec City, Moncton, Halifax, St. John's, Thunder Bay, Sault Ste. Marie, Sudbury, Timmins, Windsor, New York (Newark), Chicago (Midway), Boston, Washington (Dulles) and has seasonal flights to Mt. Tremblant, Que., Myrtle Beach, S.C., and Burlington, Vt. Visit www.flyporter.com or call (888) 619-8622 for more information. About Bombardier Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation. Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we
posted
revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier. Notes Images of CS100 aircraft in Porter Airlines' livery are posted with this release in the press releases section at www.bombardier.com. Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace. (i) The CSeries aircraft are in the development phase. All data and specifications are estimates, subject to changes in family strategy, branding, capacity and performance during the development, manufacture and certification process. All performance references have been estimated based on a 500-nm North American operating environment and comparisons are to in- production aircraft. PurePower ® is a registered trademark of United Technologies Corp. - Pratt & Whitney. Bombardier, CS100, CSeries, NextGen, Q400 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.Read more on IndiaPRwire.com

PresidentPranab Mukherjee presents AIMA Managing India Awards 2013
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All India Management Association (AIMA), the apex body of Indian management professionals, conferred theManaging India Awards2013 last night at Taj Palace Hotel, New Delhi.The awards celebrated achievements of outstanding companies, entrepreneurs and managers who have made salutary contribution to nation building. President of India, Pranab Mukherjee was the Chief Guest on the occasion and gave away the awards at a glittering ceremony. Speaking on the occasion, the President congratulated the award winners for contributing to the country's progress and expressed hope that they would ignite the minds of other managers and entrepreneurs to think big towards nation building. He said that he had unshakable faith in bright future of the Indian economy and the winners of Managing India Awards exemplified that conviction. The President stated that the country needed visionary business leaders to manage India's transition to a knowledge economy. He said that the country also required
the
Indian industry to act as a catalyst for deepening our growth process. The President pointed out that to mark India's growing stature, management principles should find application not only in business and industry but also in other important processes such as social change and governance. He said that how change is managed would determine our progress. This was a need that the Managing India Awards denoted and this was also a reality epitomized by this year's award winners, he added. The President commended AIMA for setting up the Centre for Skill Development and Training while saying that all-round efforts were necessary to develop the country's workforce as a partner in progress. He stated that greater numbers of technical institutes were required to be set up and the existing technical institutes that lag behind in quality had to be upgraded. The President emphasized the need for technology development and upgrade. He said that technology would determine our domestic indu
stry's
ability to beat competition. He added that our research and innovation efforts must aim at technology up-gradation to simplify production processes, improve quality and seek efficiency gains. The awards and their recipients were as the following: Entrepreneur of the Decade Mr. MukeshAmbani, Chairman & Managing Director, Reliance Industries Ltd Business Leader of the Year Mr.PawanMunjal, Managing Director and CEO, Hero MotoCorp Ltd Entrepreneurs of the Year Mr. Shyam S Bhartia, Chairman & Co-Founder, Jubilant BhartiaGroup&Mr. Hari S Bhartia, Co-Chairman & Founder, Jubilant Bhartia Group Indian Multinational of the Year Tata Motors - Mr. Karl Slym, Managing Director, Tata Motors Transformational Business Leader of the Year Mr. BhaskarBhat, Managing Director, Titan Industries Ltd Outstanding PSU of the Year Bharat Heavy Electricals Ltd - Mr. BP Rao, Chairman & Managing Director, BHEL Outstanding Contribution to Media Dr.Prannoy Roy, Executive Co-Chairperson, NDTV
Emerging Business Leader of the Year Mr. Vivek Kumar Jain, Managing Director, Gujarat Fluorochemicals Ltd Appreciating the Managing India Awards, DrPrannoy Roy, Executive Co-Chairperson and Editor-in-Chief, NDTV said, "This award means a great deal to me. I seldom accept awards but this is special as it comes from a most respected body of Indian industry." Speaking on the significant role played by the media in nation building he said, "Media has made politicians answerable to the people of India. Indian media has brought information to the voters of India on development or lack of it and on issues that affect their lives. All this is making our country a more vibrant and informed democracy." Karl Slym, Managing Director, Tata Motors,credited strong roots of Tata Motors for its ability to grow at home and overseas. "We have unique strengths and competitive advantages from operating in the Indian environment and from the local entrepreneurial culture.It is important that we
use
this to play to win on the global stage," he said. BhaskarBhat, Managing Director, Titan Industries attributed his success to the people whose aims and aspirations have led to transformation of Titan from a watchmaker to jeweler to eyewear specialist and to a maker of lifestyle products. Describing his vision for the company, he said, "It's Titan's desire to be a healthy, wealthy, sharing, caring, clean and green company that is the envy of global companies." Chairman & Co-Founder, Jubilant BhartiaGroup,Shyam S amantra of success to young entrepreneurs saying, "If you strongly believe in your plan, work hard to get together a cohesive and motivated team to crystallize your plan and go ahead and implement it without fear of failure." Hari S Bhartia, Co-Chairman & Founder, Jubilant Bhartia Groupasserted that Indian companies had the potential to be on par with the global giants in both scale and brand recognition. "Our strategy has always been 'Think global and act local' and i
t has
proved to be highly beneficial," he said. PawanMunjal, Managing Director and CEO, Hero MotoCorpLtd, emphasized that to be a business leader one had to believe in the power of people and to understand the importance of humility. "My biggest strength has been the large pool of talented people within the company. Over the years, I have personally chosen, nurtured and empowered many of them to take up leadership roles within the company. " Commenting on the award for BHEL, the company Chairman & Managing Director, BP Raosaid, "BHEL has been contributing to nation building endeavors for almost half a century in line with Pandit Nehru's dream of developing indigenous capabilities in heavy electrical equipment and power plant equipment manufacturing."He said that he was confident of the company overcoming the challenge of growth deceleration using its strong technological and manufacturing base, rich experience in Indian conditions, and sound management. The Managing India Awards 20
13 jury
was chaired by SanjivGoenka, Chairman, RP-SanjivGoenka Group. The other members of the jury included Shivakumar, President AIMA and Senior Vice President, Nokia for IMEA; HarshavardhanNeotia, Managing Director, Bengal AmbujaHousing Development Ltd;Inderdeep Singh, President and Managing Director,Continental Device India Ltd; Shivinder Mohan Singh, Executive Vice Chairman, Fortis Healthcare Ltd; VineetAgarwal, Joint Managing Director, Transport Corporation ofIndia Ltd and P Dwarakanath, Treasurer, AIMA and Director - Group, Human Capital, Max India Ltd.Notes to EditorAbout AIMA: The All India Management Association (AIMA) is the national apex body of the management profession in India. Over the last five decades, AIMA has contributed immensely to the enhancement of management capability in the country. AIMA has a broad base of 66 Local Management Associations including two cooperating LMAs abroad, with a membership crossing 30,000 in number. AIMA is a non-lobbying organizatio
n,
working closely with Industry, Government, Academia and students to further the cause of the management profession in India. AIMA is represented on the Boards of India's premier Business Institutions like Indian Institute of Management - IIMs. AIMA is also represented on Boards of Government bodies including the All India Council for Technical Education, National Board of Accreditation, National Productivity Council to name a few. AIMA makes a salutary contribution to management learning and practice in the country by offering various services in the areas of testing, distance education, research, publications and management development programmes. AIMA brings to the Indian managers, the best management practices and techniques through numerous foreign collaborations with professional bodies and institutions. AIMA is a member of the Asian Association of Management Organizations (AAMO) and works closely with several international management institutions like Instead, St Gallen
Foundation, and University of Maryland etc. in organizing international conferences and management development programmes.Read more on IndiaPRwire.com

Twin Toastmaster Divisions get Four New Champs for National Level round
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Divisions F & H of Toastmasters International District 41 of India, celebrated its State level Annual Conference, ORAFEST-2013 on Sunday. For the first time ever all top 3 officers of Toastmasters International District 41 - District Governor Mr. Vinay Jain, Lt. Gov Education DTM (Distinguished Toastmaster), Prasad Sovani and Lt. Gov. Marketing DTM, Ritu Arora, graced the occasion. The keynote speaker Mr. Indraneel Ganguli, Global Media Relations Head, Marketing and Communication, Tech Mahindra, mesmerized one and all with the philosophy of RISE followed at his organization. Mr. Venkata Ramana, a senior Toastmaster, told that such conferences happen every year. It provides a common platform for members across A.P. to get acquainted with one another. Also they get to meet and interact with their District Leaders. They get to watch and listen to the top notch speakers from across the State, for that year. Orafest 2013 saw 2 champions each, emerging for the International Speech
Contest
and the Table Topics Contest for the twin Divisions. The Chief Judges of the contest Mr Shashank and Mr Mukesh declared the results as follows: International Speech - Manasa Inampudi (Division F, Oracle TM Club); Sarvanan A (Division H, MS Club) Table Topics - Subramanyam KV (Division F, CSC Hyd TM Club); Ansuman A (Division H, MS Club) The conference saw a stupendous 220+ in attendance, who had a gala time at the flawlessly organized Conference by Chairperson Mr. Ravikumar Nandigam. Mr Ravi added that this event helped 53 Toastmasters in evolving as leaders for the first time for organizing a State Level Toastmasters' Conference. He added further, 'the four winners would be representing the twin divisions next month at the National Conference'. The vivaciousness of the Toastmasters program has helped add new cities like Vizag and Tirupati, onto the Toastmasters map. In fact, 1 of the finalists on Sunday was from Vizag club. Harsh Singhal, DTM, Division F Governor said - "Wha
t you
learn at Toastmasters you'll never learn at an MBA school, but only if, you're willing to learn". Currently Toastmasters International has presence in 41 clubs across the state, with the majority clubs being from corporates in Hyderabad. Adding to this Padmakumar, Division H Governor, expressed his excitement about the quality of speeches presented at the State level, and what could one expect at the District 41 Annual Conference, Oration-2013 which would be taking place at Novotel HICC, 17th, 18th,19th May. Upcoming event details available on www.oration2013.comNotes to EditorAbout Toastmasters Toastmasters International™ is a non-profit educational organization that teaches public speaking and leadership skills through a worldwide network of clubs. The organization has more than 280,000 members in 13,500 clubs in 116 countries. To locate a Toastmasters club near you, visitwww.toastmasters.orgRead more on IndiaPRwire.com

Need for methodical data management by laboratories, is propelling the LIMS market in India
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Global market intelligence firm Netscribes Inc. has launched its report on Laboratory Information Management System (LIMS) Market in India 2013. Growing number of various types of laboratories, combined with their dependence on large scale data management along with increasing significance laid on laboratory accreditation in present times will see a strong demand for LIMS in Indian laboratories in the near future. The report begins with an overview of the major macro economic indicators which highlights the present economic scenario prevalent in India. It is followed by an introduction section provides a broad overview of Indian healthcare sector and how IT adoption in healthcare is having a valued impact on performance of the sector followed by a brief outline of LIMS and its benefits in laboratory information management. The market overview section provides the value-wise market size and growth of LIMS software and also the adoption of LIMS specifically in the Indian health
care
sector. The LIMS structure encapsulating common modules and the step wise workflow of the LIMS from requisition to information deliver and LIMS in terms of application has been discussed along with a distribution channel that elaborates flow from designing of software to final installation of software thereby helping in laboratory information management. The report then focuses on the healthcare applications of LIMS with description of methodical solutions LIMS provides in life sciences, pharmaceutical and biotechnology and in contract service laboratories. The report then goes on to elaborate the drivers and challenges that the industry is facing in current market scenario. It provides a comprehensive set of factors which boosts and hinders the growth of the market. The various types of laboratories in healthcare segment invariably result in growing demand for LIMS. The factors hindering the market growth can be summarized to be disparity in 'quality' standards across Indian
laboratories and high cost of installation. The trend section in the report emphasizes the recent trends that are being undertaken to make the software more user-friendly and cost effective for which it has come up with the concept of LIMS on Cloud. The competitive landscape section begins with the Porter's Five Forces Analysis, illustrating the competitive rivalry, bargaining power of suppliers and buyers and threat of new entrants and substitutes. The section includes competitive benchmarking of the top players operating in the Indian microwave ovens market. The report also features brief profiles of major domestic and foreign players in the market and a snapshot of their corporation, financial performance along with the key financial ratios, business highlights, their product portfolio and SWOT analysis, thus providing an insight into the existing competitive scenario. The final section of the report contains strategic recommendations which will be instrumental for the com
panies
to garner a larger market share in India.Notes to EditorNetscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company's expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base. For more information please write to info@netscribes.comRead more on IndiaPRwire.com

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