SME Times is powered by   
Search News
Just in:   • PSBs sanction 98,995 MSME loan applications under new credit assessment model  • Most of trade deals with countries finished by August 1: Trump  • Global firm Jabil investing over Rs 2,000 crore in manufacturing in India: Ashwini Vaishnaw  • Centre expands GeM access for MSEs, startups, women entrepreneurs  • South Korea, US to continue trade talks before Aug 1 deadline 
Last updated: 07 Nov, 2014  

jet.thmb.jpg Jet Airways bans transport of shark fins

jetairways_logo.jpg
   Top Stories
» PSBs sanction 98,995 MSME loan applications under new credit assessment model
» Global firm Jabil investing over Rs 2,000 crore in manufacturing in India: Ashwini Vaishnaw
» Centre expands GeM access for MSEs, startups, women entrepreneurs
» India, EU trade deal next after India-UK FTA, 12 rounds done: Centre
» Markets Sink; Nifty Closes Below 50-EMA Amid FII Selling
SME Times News Bureau | 07 Nov, 2014
 Major carrier Jet Airways Thursday said that it has instituted a policy against the shipment of shark fins, thereby joining a growing number of major international passenger carriers which are committed to protecting the declining shark populations and marine ecosystems.

In a statement responding to the appeal from Humane Society International (HSI) India, Jet Airways said: “After concluding a comprehensive and careful review including concerns related to shark finning globally, Jet Airways Cargo implemented a ban on the carriage of shark fin. This policy was made effective.”

"Owing to the difficulty in identifying the species from the fins alone and due to existing loopholes in the listing of wildlife products as per customs regulations, traders have so far been carrying out this trade without much interference," said N.G. Jayasimha, managing director for HSI India.

"This ban by Jet Airways shall act as an effective deterrent to the trade. Hence, we hope that Jet Airways' policy decision shall set a golden example for all other airlines to emulate."

By instituting this ban against the carriage of shark fins, Jet Airways has joined the growing league of environmentally conscious airlines such as Emirates, Philippines Airlines, Korean Airlines, Asiana Airlines, Qantas and Air New Zealand, all of whom have made a public commitment to stop carrying shark fins.

In June 2014, Etihad Airways, which holds a 24 percent minority stake in Jet Airways, had also announced its decision to ban shark as well as live primate shipment.

Research has repeatedly pointed to the fact that India is the world's second largest shark catching nation and one of the world's largest exporters of shark fins.

Reports have further revealed that the shark fin trade is one of the leading contributors to the decimation of shark populations globally.

Trade reports and undercover investigations have revealed that shark fins are most commonly transported from India to places like Hong Kong, Dubai and China as cargo on airlines.

Sharks as top predators are important to the survival and maintenance of healthy marine ecosystems.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter