Wednesday , 23 October 2019
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Tag Archives: FUD factor

IATA report on airline performance should set panic bells ringing in government

Airline body, International Air Transport Association (IATA) announced international scheduled traffic results for January showing a deepening year-on-year demand slump. International passenger demand fell by 5.6% in January 2009 compared to the same month in 2008, a full percentage point worse than the 4.6% year-on-year drop recorded in December, and the fifth consecutive month of contraction. Air cargo is a …

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British Airways performance reflects global meltdown in manufacturing ouput

British Airways released it performance figures for January 2009. In the month, passenger capacity, measured in Available Seat Kilometres (ASKs), was 2.6 per cent below January 2008. Traffic, measured in Revenue Passenger Kilometres (RPKs), fell by 1.3 per cent. This resulted in a passenger load factor increase of 1 per cent, to 73.2 per cent. Reflecting the deepening impact of …

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IATA: Air cargo performance even worse than post 9/11. The FUD factor at work.

SCARY!!!!, there is no other word to describe the performance numbers and the forecast from IATA, the association representing 93% of the global commercial air transport industry. For the month of December, it is now official — ALL regions of the world, have reported major declines in cargo performance in December 2008 when compared to December 2007. Across the globe, …

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Shocking drop in global air cargo confirms global economic meltdown

The recently announced results by The International Air Transport Association (IATA), is nothing short of shocking. International air cargo is down by a whopping 13.5 per cent in November when compared to November 2007, and passenger growth is down by 4.6 per cent. Graph legendRPK – Revenue Passenger Kilometres (sales)ASK – Available Seat Kilometres (capacity)FTK – Freight Ton Kilometres (sales)ATK …

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Airlines must cut fares for survival and growth

The current slowing economy needs an extra large dose of stimulus to bring it back on track. Unlike previous slowdowns, this time a 360 degree effort is required to prime the pump and beat the “FUD” factor (Fear Uncertainty Doubt). The government has to do it’s part and focus on areas like infrastructure and other plan expenditure, the companies have …

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Shooting scare at New Delhi airport

All the major airports across India have been turned in to fortresses following perceived threats. The jitters created a security scare at New Delhi’s Indira Gandhi International airport in the early hours of Friday, and triggered panic among passengers and sent security officials into a tizzy. The chaos began when a sound similar to gunshots were reportedly heard from the …

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A commercially oriented machine, without heart or soul

A commercially oriented machine, without heart or soul Business sense‘Small thinking has sunk in in the infrastructure at BIA’Chairs in the international departure area are uncomfortable BAD PLANNING: A view of departure lounge at Bengaluru International Airport. Reading, day in, day out of the challenges facing Bangalore’s spanking new international airport, one begins to wonder whether proximity to a few …

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