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...
billion cent forecast grow industry loss passenger per projected range record traffic year
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.
above definite following growth january months points seen starting time traffic trend year
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.
above growth months points seen time traffic year
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.
both brought good growth month months news percent recovery resulting solid strength stretched three
February, traditionally the slowest month for international traffic, brought both good news and solid growth. The recovery in freight has stretched to three months with growth of over 5 percent resulting from strength in international trade.
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.
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.
billion cash difficult fully global grab industry oil pouring principles salt supply understand wounds
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.
applaud attract aviation creates finance framework help leadership legal
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.