Giovanni Bisignani
Giovanni Bisignani
Giovanni Bisignaniis an Italian businessman, who was Director General and Chief Executive Officer of the International Air Transport Association from 2002 to 2011...
cautious combined economic emerging europe improved improving lead losses near nowhere optimism prospects reduced situation trend
There is a new cautious optimism emerging in the industry. Improved economic prospects in Europe and Asia, combined with an improving situation in the US, will lead to reduced losses in 2006 and strengthened profitability in 2007. While the trend is positive, we are nowhere near sustainability.
across common continue evolve industry provides quality service top
We must continue to evolve to a low-cost industry that provides high-quality, cost-efficient service across the board. This should be at the top of our common agenda.
chase paper
We must chase paper out of our business,
counting longer losing partners shirt
If one of the partners in a partnership is losing his shirt while the other is counting his money, it is no longer a partnership.
air priorities battle
As we battle the high price of fuel, cost efficiency will continue to be a top priority not only for airlines but for every partner in the value chain including airports and air navigation service providers.
oil gains return
Oil is once again robbing the industry of a return to profitability. Cost reductions and efficiency gains have never been more critical.
airports decision ownership
Airport take their own commercial decisions on their ownership structure. But this must not be at the expense of exploiting airlines through higher charges
agreement begin closely complex continue crisis develop fuel future global handling hurdle monitor next pragmatic schedules solution standard summer supply undertake unique
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.
concerned fuel less operations percent priority
The first priority of all concerned was maintaining operations at Heathrow with 35 percent less fuel supply.
efficiency factor growth handling increasing issue load profitable solution
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.
black industry ink until
The industry will not see black ink until at least 2007.
began growth industry normal pattern returning shocks
The industry is returning to a more normal growth pattern after the shocks that began in 2001.
both growth industry passenger percent track
The industry is on track with 2006 growth expectations of 5-6 percent for both freight and passenger traffic.
afford cannot impact industry negative
The industry cannot afford the negative impact of overcapacity.