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.
began growth industry normal pattern returning shocks
The industry is returning to a more normal growth pattern after the shocks that began in 2001.
bill billion fuel industry jet percent range top total
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.
afford cannot impact industry negative
The industry cannot afford the negative impact of overcapacity.
added adds again barrel billion costs dollar industry oil price return robbing
Oil is once again robbing the industry of a return to profitability, ... Each dollar added to the price of a barrel adds $US1 billion in costs to the industry.
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 $3.5 billion annually.
barrel billion burden card continuing costs dollar domestic drive enormous fuel hike increase industry last levels months offset oil per positive prices reduction remains rise rose wild yield
Oil remains the wild card for industry profitability. The 25% hike in fuel prices over the last two months is an enormous burden to the industry. However, the S$ 1.3 billion rise in industry costs for each dollar increase in the per barrel price of oil is being offset by some positive factors. Industry hedging levels are 50%. Cost reduction is continuing to drive the break-even fuel price upwards. And the US domestic yield rose 12.4% in February.
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.
distract efforts european regional solution unilateral
A European solution is no solution at all. Unilateral regional efforts will only distract from this process,
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.
existing technology
It's not revolutionary technology, it's not something that we have to invent, it's existing technology.
billion costs paper rocket savings scientist understand
Paper costs money...you do not need to be a rocket scientist to understand that up to $3 billion in savings are possible.
achieved aircraft airlines bill costs gave increase office operating percent pilot reduction total users
Europe's airlines have achieved a 9 percent reduction in aircraft operating costs, a 24 percent reduction in distribution and back office costs and a 14 percent increase in pilot productivity. Airports, on the other hand, gave the airlines a 13 percent increase in per-passenger costs, with a total bill for airlines and their users of $14.5 billion.
aircraft airline became flags heavy national ownership sinking
Airline ownership restrictions became national rights. Now the flags on our aircraft are so heavy they are sinking the industry.