Showing posts with label American International Group. Show all posts
Showing posts with label American International Group. Show all posts

Monday, August 24, 2020

AAF Launches Industrial-Grade Air Purifiers in the Indian Market

 AAF (American Air Filter), a Daikin group of company, the world’s largest clean air solutions provider launches industrial-grade air purifiers for the healthcare segment. These portable air purifiers enable healthcare facilities to transform the basic patient room into a negative pressure isolation room.

The AstroPure 500 is the most versatile AAF model. It can be used as an infection control system in healthcare and commercial facilities. The 3-stage air filtration with UV light can be utilized in any of the three operating modes to recirculate and clean the air in a controlled environment.

100% exhaust*

Need-based variable exhaust based on the application

100% recirculation

The design of the equipment is suitable for Accident & Emergency Room (ER), ICUs, Operating Room (OR) or any controlled environment to convert to an infection-free isolation room. This equipment can also be used in small clinics, laboratories, patients waiting rooms or any other common areas to avoid the spread of infection while recirculating the air.

Features:

A stand-alone complete air purification system to recirculate and clean the air in a controlled environment.

It combines particulate, gas-phase and HEPA filters to remove airborne particles, gaseous contaminants, viruses, bacteria, fungus and molds to provide total clean air solution.

The pre-filter prolongs the life span of a higher efficiency filter

The gas-phase filter effectively removes odor problems.

HEPA filter to remove fine particles, viruses, bacteria, fungus, molds with an efficiency of 99.99% at 0.3μm.

This powerful system delivers up to 500 CFM operating airflow. As a result, the AstroPure 500 can typically provide above 12 air changes per hour in rooms up to 2,500 cubic feet. Variable speed controls enable the AstroPure 500 to be run at lower speeds where less airflow is required.

AstroPure 500 is the best solution for prevention of spread of viruses and can be used as a stand-alone unit in any space where people gather like offices, malls, hotels (conference rooms, restaurants and suites), airports (lounges, immigration area), schools (classrooms, canteen, indoor sports areas), hospitals (common areas, consultation rooms, isolation rooms, ICUs), dental clinics, movie theaters, convention halls and tech parks.

FAITH Associations Want the Negative American Travel Advisory to India, be Addressed


 * Advisory of 4 to India is the most severe 

* A do not travel will adversely affect Indian tourism’s restart options 

* The USA is the strategically most critical travel market for India

* India is bunched with the likes of Syria, Iran, Pakistan, Iraq, Yemen 

Federation of Associations in Indian Tourism & Hospitality, the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI) & cause partner AIRDA has urgently requested the negative travel advisory from the USA to India to be addressed. 

The United States of America currently has a travel advisory, rated level 4 for India (as on 23rd Aug 2020). On a scale of 1-4 this is the highest level of risk rating, carrying with it the advice of ‘do not travel’. As stated, reasons for the same, apart from restrictive COVID 19 protocols, the rating highlights terrorism, crimes against women and insurgency among others as concerns. 

FAITH Associations have highlighted that the USA is the most important long haul source market for India for most segments of travel. Over the past 10 years, it would have probably brought in between 10- 15 million tourists who could have been instrumental in creating an estimated 40 million foreign tourist visits across Indian states. The travelers from the USA also have one of the highest average stays in India of 29+ days as against the average of 22 + days for all source markets. This is a very strategic source of economic and job multiplier for India. 

Some of the few countries that were reflecting in this category as on 23rd Aug include Syria, Iran, Pakistan, Iraq, Yemen etc. This is perceptually extremely poor for India.

As India has begun the process of opening up its air corridors, such an advisory for India is detrimental to kickstarting all leisure, business & mice tourists from the USA. Additionally, travel advisory as such from the United States of America tends to send a wrong signal for the rest of the developed countries as they start opening up their international air travel.

This advisory appears to have been last updated on 6th August 2020.  FAITH Associations have requested the tourism minister to urgently take it up with Minister of External Affairs, for him to take up with his American counterpart for an immediate revision.

The favourable revision of the travel advisory would be a big boost in beginning the process of creating a positive sentiment for travel, which will slowly put in motion revival for the inbound tourism industry

About FAITH: FAITH, Federation of Associations in Indian Tourism & Hospitality, is the National Federation of the 10 National Tourism, Travel and Hospitality organisations of India. These associations are ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI & TAFI

FAITH, on behalf of the whole tourism industry engages in key policy and strategy ideation with Central and State Governments of India for growth of the Indian tourism industry.

FAITH has worked with the governments on tourism components of various national strategic policies. These include e-visa, GST strategy , Monuments PPP policy, NITI Aayog vision document, Foreign Trade Policy 2015-20 ( SEIS), of economic surveys, 2014, 2015, 2016, 2017& 2018, Udaan policy, Union Budget discussions with Finance Minister for budgets for 2015, 2016, 2017& 2018, cruise tourism policy, I respect women badges, tourism negotiations for trade blocs of SAARC, RCEP , Indo-US , Indo-Morocco , State Tourism policies for Rajasthan, Maharashtra, Karnataka, Delhi, J&K & Punjab, brainstorming sessions with aviation, railways, commerce, finance, BIs , road and highways, waterways among other national initiatives.

Wednesday, December 3, 2008

AIG to sell its Swiss unit

Troubled insurance giant American International Group will be selling its Swiss arm AIG Private Bank to an Abu Dhabi-based global investment firm.

In this regard, AIG has entered into an agreement with Aabar Investments PJSC (Aabar) to sell its subsidiary, the insurance firm said in a statement.

According to UK daily ‘The Telegraph’, the Swiss subsidiary would be sold for about $254 million.

The move is one of the major sale of asset by the battered AIG, after receiving a lifeline worth $153 billion from the Federal government.

The statement noted that under the new ownership, AIG Private Bank would become an independent financial institution, headquartered in Switzerland along with branches and representative offices in Hong Kong, Shanghai, Singapore and Dubai.

Source: Agencies

Thursday, November 27, 2008

Has salary for AIG CEO been cut?

Under pressure from Attorney General Andrew M Cuomo of New York, the American International Group that it would pay its chief executive, Edward M Liddy, only $1 a year and that it was freezing the salaries and eliminating bonuses for its seven other top executives.

In addition, the troubled insurance company said its next 50 highest-ranked executives would not receive salary increases through 2009.

AIG’s cutbacks on executive pay came after Cuomo questioned last week whether the company actually planned to give out raises and bonuses to top executives, especially in light of the federal government’s $150 billion bailout of the company.

The company said it was taking steps to ensure that no government money would be used for bonuses and cash awards to its 60 top executives.

Source: NYT News Service

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