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...
age-and-aging air approach commission efficiency financial french government greater ignores mockery rather result support total transport
The approach of the French Government to air transport is from another age. There was little or no financial transparency. And a result that ignores the recommendation of an independent commission makes a total mockery of the consultation process. The government should support greater efficiency rather than shirking its regulatory responsibilities.
ahead airport attack commercial cost discipline efficiency far focus fuel good industry monopolies partners reduction regulate remains responsibility road sustain understand
Cost reduction remains critical. All industry partners and stakeholders will have to sustain their focus on fuel efficiency and attack costs. While we have made some good progress, the road ahead is long. Far too many airport monopolies do not understand the need for efficiency and too many governments are shirking their responsibility to regulate where commercial discipline is absent.
airport charles cost decision effects efficiency expensive focusing major matter paris position reduction second survival
Efficiency and cost reduction are a matter of survival for airlines. Charles de Gaulle Airport is already the second most expensive airport in Europe. It should be focusing on cost decreases not increases. This short-sighted decision will have long-term effects on the competitive position of Paris as a major hub.
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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.
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We fully understand the principles of supply and demand. But it is difficult to see this as anything other than a $14 billion cash grab by the oil industry that is pouring salt into the wounds of a global crisis.
fully principles supply understand
We fully understand the principles of supply and demand,
aircraft capacity card demand flu last matching orders record wild year
As the record aircraft orders of last year are delivered, matching capacity to demand will become even more critical. And Avian Flu is the wild card for 2006.
agenda ahead billions capital change cost cover difficult expect involving lost margin near net nowhere partners profit recovering return since
We will only see profitability in 2007 when we expect a return of US$6.2 billion. This is a net profit margin of 1.5%, not even enough to cover the cost of capital and nowhere near recovering the billions lost since 2001. A long and difficult agenda for change involving all partners is still ahead of us.
baggage boarding common core four globally percent
We are working on four core projects: 100 percent e-ticketing globally by the end of 2007; bar-coded boarding passes; common use of self-service check-in kiosks; and radio-frequency identification for baggage management.
airline billion electronic industry percent reach save target worldwide
If we reach our target of 100 percent for worldwide electronic ticketing in 2007, then the airline industry could save about $3.5 billion annually.
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I applaud Malaysia's leadership in ratifying this important convention, which creates an international legal framework that will help attract finance to the aviation industry.
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Moreover, the impact of Hurricane Katrina on fuel supplies and refinery capacity will only ensure that relief will not come soon.
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Paper costs money...you do not need to be a rocket scientist to understand that up to $3 billion in savings are possible.
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Freight and passenger traffic are forecast to grow in the 5 to 6 per cent range during the year but the industry is projected to record another loss of over US$4 billion for 2006.