The challenges facing the industry are enormous. |
The European discussion of airline blacklists to improve airline safety is a cause for concern, ... While blacklists may be an opportunistic political response to human tragedies, they are not the solution to further improving airline safety. |
The European discussion of airline blacklists to improve airline safety is a cause for concern. While blacklists may be an opportunistic political response to human tragedies, they are not the solution to further improving airline safety. |
The first priority of all concerned was maintaining operations at Heathrow with 35 percent less fuel supply. |
The first priority of all concerned was maintaining operations at Heathrow with 35 percent less fuel supply. Airline co-operation was critical and we have achieved a great and historical result. |
The first priority of all concerned was maintaining operations at Heathrow with 35% less fuel supply. Airline co-operation was critical and we have achieved a great and historical result. |
The fuel crisis at Heathrow is unprecedented. Today's agreement is a pragmatic solution to a very difficult, complex and unique situation. IATA will continue to closely monitor the situation. The next hurdle will be accommodating summer schedules that begin on 31 March. Simultaneously IATA will undertake to develop a global standard for handling future supply crises. |
The growth is there, the issue is how we can make this growth into a profitable industry. The solution is increasing efficiency of airlines, increasing the load factor and handling better capacity. |
The industry cannot afford the negative impact of overcapacity. |
The industry is on track with 2006 growth expectations of 5-6 percent for both freight and passenger traffic. |
The industry is returning to a more normal growth pattern after the shocks that began in 2001. |
The industry will not see black ink until at least 2007. |
The story for January was freight which is starting to show a definite strengthening trend following the disappointing 3.2% growth of 2005. This is the first time in a year we have seen two consecutive months of freight traffic growth above 5% which points to a resurgent world economy. |
The target date is a must. Every year, we are printing roughly 350 million tickets. We will not print any more paper tickets by 2007. |
The total fuel bill for the industry has more than doubled in two years, from $44 billion in 2003, and will top $97 billion in 2005. With a total industry turnover in the range of $400 billion a year, jet fuel will make up 25 percent of our total costs. |