DOCSLIB.ORG

Forecast Highlights 4 2

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Forecast Highlights 4 2 September 2002 September 2002 The statements made herein do not constitute an offer. They are based on the assumptions shown and are expressed in good faith. Where the supporting grounds for these statements are not shown the Company will be pleased to explain the basis thereof. AIRBUS S.A.S. 31707 BLAGNAC CEDEX, FRANCE REFERENCE CB 390.0008/02 PRINTED IN FRANCE © AIRBUS S.A.S. 2002 ALL RIGHTS RESERVED AN EADS JOINT COMPANY WITH BAE SYSTEMS Contents 1. Forecast highlights 4 2. Introducing the Global Market Forecast 9 3. Impact of the crisis 12 4. Demand for air travel 14 5. Passenger transport operational evolution 24 6. Passenger fleet renewal 30 7. World passenger fleet development 34 8. Demand for passenger aircraft deliveries: 39 - Mainline single-aisles 42 - Twin-aisles 43 - Very large aircraft 45 9. Air cargo forecast 47 Appendices A.Airlines & cargo carriers studied 66 B. Detailed passenger traffic forecast 71 C. Detailed passenger fleet forecast 74 D.Detailed cargo traffic forecast 76 3 2002 Global Market Forecast 1. Forecast highlights As this edition of the Airbus Global Market Forecast (GMF) goes to press, many airlines are still struggling to come to terms with the most severe crisis the industry has ever faced. In response to a substantial drop in demand for air travel they have moved decisively to cut flight schedules, prematurely ground unprecedented numbers of aircraft, and defer delivery of new aircraft on order. The result has been a significant reduction in aircraft manufacturers’ near-term production plans. At the time of writing, however, traffic volumes are recovering, especially on routes which do not serve the US. The history of air transport shows a pattern of strong growth interrupted by a series of short-term downturns from which traffic has invariably rebounded to resume its secular growth trend. Consequently, although recognising that the present crisis is likely to have a lasting effect on travel habits in some major markets, Airbus forecasters are confident that in the long term civil air transport will continue to grow strongly, providing a huge business opportunity for manufacturers of civil aircraft, engines and equipment as well as related services. One very significant development since the publication of the last GMF has been the launch of the A380, reflecting the recognition by major passenger and cargo carriers that a key to sustaining their future growth and profitability will be operation of a new type of aircraft larger, more spacious and more economical than anything flying today. The major predictions of the new GMF are that during the period 2001 - 2020: Worldwide demand for air transport will grow strongly Traffic will recover swiftly from the impact of the present crisis, to resume something close to its historical rate of growth. As major air travel markets mature the annual growth in revenue passenger- kilometres (RPKs) will progressively decline, but will still average a strong 4.7% during the next twenty years. By 2020 global passenger traffic will be two-&-a-half times its current volume. Freight tonne-kilometres (FTKs) will triple during the period, growing at an even more rapid average annual 5.5%. 4 Forecast highlights Airlines will significantly improve productivity Average flight distance and consequently speed will increase slightly. Together with improvements in aircraft utilisation and load factors, this will drive annual RPKs per seat to 1.9 million from less than 1.7 million at end 2000, and annual FTKs per tonne of lift capacity to 1.18 million from 0.95 million at end 2000. The numbers of seats and dedicated freighter lift capacity will more than double The number of seats in service will increase to 4.3 million from 2 million, while the lift capacity of the dedicated freighter fleet will increase to approximately 186,000 tonnes from 72,000 tonnes at end 2000. The numbers of departures offered on existing and new passenger routes will increase by 86% Despite current levels of congestion and delays, this represents a more rapid rise than in the past, and will present a major challenge to the world’s airports and air traffic management systems. The airlines will offer more seats per departure Infrastructure capacity constraints mean that in the long term the numbers of departures will be unable to keep pace with the growth of traffic. Consequently average seats per departure will have to increase to 196 from 161 in 2000. Smaller aircraft tend to make more flights than larger ones, so average aircraft capacity will have to increase more rapidly, to 219 seats from 180. The active passenger fleet will increase by more than 80% To provide the required increase in capacity, the number of passenger aircraft in service will increase to 19,732 from 10,900 at end 2000; an increase of 8,832 aircraft. 5 2002 Global Market Forecast 36% of the current passenger fleet will be retired from active commercial service During the next twenty years the airlines will replace 9,370 of their older, noisier and less efficient passenger jets. Of these, 3,021 will be recycled back into the passenger fleet with other operators, 2,237 converted to freighters, and 4,112 will be retired. To accommodate traffic growth and renew their fleets, the airlines will take delivery of 15,181 new passenger aircraft Two-thirds of the new passenger aircraft delivered will be single- aisle types in nominal size categories from 100 to 210 seats, and one-third will be widebodies. North American airlines will take the largest share of passenger aircraft deliveries, yet their share of world seats will be overtaken by that of airlines in Europe and Asia-Pacific Air travel will grow more strongly in less mature markets outside the US. While the frequency-driven airlines of North America will take delivery of a higher proportion of small aircraft, airlines in Asia-Pacific will dominate the market for very large aircraft. The active world freighter fleet will grow to 3,338 aircraft with an average lift capacity of 55.6 tonnes from 1,540 aircraft with an average 46.9 tonnes capacity at end 2000 This represents an increase of 1,798 aircraft. Coupled with the need to replace 1,145 aircraft when they reach the end of their economic lives, it will create a need for acquisition of a total of 2,943 freighters, of which 2,237 will be passenger-to-freighter conversions and 706 factory-built freighters. 6 Forecast highlights The world jetliner fleet will grow by nearly 11,000 aircraft Aircraft inflows/outflows 2000 - 2020 15,181 Delivered 706 15,887 Passenger Freighter Fleet Fleet Converted 2,237 Recycled 3,021 Retired 4,112 5,257 1,145 Nearly 16,000 new aircraft will be delivered 20-year deliveries Mainline single-aisle aircraft like the Airbus A318, A319, A320 and A321 10,201 Twin-aisle aircraft like the Airbus A330 and A340 3,842 Very large and economical aircraft like the Airbus A380 1,138 Total passenger aircraft 15,181 Freighters 706 Passenger + freighter aircraft 15,887 7 2002 Global Market Forecast A business worth $1.5 trillion 2002 $ (billion) 700 609 600 524 500 400 300 270 200 106 100 0 100-210 250-400 >400 Freighters Seat categories 40% 35% 18% 7% The 15,887 new passenger aircraft and freighters to be delivered during the next twenty years represent a business volume of approximately $1.5 trillion* (2002 catalogue prices) The greatest business volume will be generated by aircraft in the single-aisle category, while very large aircraft will account for 18% of the total. * Terminology used throughout this report: billion = 109, trillion = 1012. 8 Introducing the GMF 2. Introducing the Global Market Forecast The 2002 edition of Airbus’ annual Global Market Forecast predicts the numbers and capacities of passenger jets and dedicated freighters that will be required to accommodate traffic growth and allow fleet renewal by airlines and cargo carriers outside the Commonwealth of Independent States during the twenty-year period 2001 – 2020. Airbus continues to recognise the potential business opportunity represented by the airlines of the CIS, but the lack of a consistent statistical base and reliable economic projections requires use of a forecasting technique different to that used in the GMF. Consequently Airbus publishes this forecast separately. 2000 is retained as the base year for the forecast so as to avoid any distortion resulting from the unprecedented events which occurred in 2001. The latest GMF introduces three new features Compared to previous editions : a) Coverage is expanded, especially at the bottom end of the market, in order to give a better understanding of the potential market penetration by the 100-seat A318; b) The traffic forecasting process has been enhanced by increasing the number of individual submarkets so as better to differentiate some significant traffic flows, and by using a more rigorous statistical methodology which more closely fits historical traffic data; c) In this summary document the grouping of aircraft size categories has been changed so as better to reflect the characteristics of available aircraft types while retaining Airbus’ unique approach to market segmentation. The GMF is a “bottom-up” forecast It projects the year-by-year evolution of passenger traffic, flight frequencies and aircraft capacity on a total of 10,037 individual one-way airport-pair route sectors in 134 distinct domestic, regional and intercontinental submarkets. Similar projections are made for a total of 123 directional air cargo submarkets. These projections are then consolidated into the regional and global fleet forecasts presented in this summary document. This avoids the errors inherent in calculating from global averages. 9 2002 Global Market Forecast The GMF forecasts pure demand It projects demand for aircraft and seats in a total of 15 “neutral” seating and four “neutral” cargo capacity categories.
Load more

Recommended publications
  • CC22 N848AE HP Jetstream 31 American Eagle 89 5 £1 CC203 OK
    CC22 N848AE HP Jetstream 31 American Eagle 89 5 £1 CC203 OK-HFM Tupolev Tu-134 CSA -large OK on fin 91 2 £3 CC211 G-31-962 HP Jetstream 31 American eagle 92 2 £1 CC368 N4213X Douglas DC-6 Northern Air Cargo 88 4 £2 CC373 G-BFPV C-47 ex Spanish AF T3-45/744-45 78 1 £4 CC446 G31-862 HP Jetstream 31 American Eagle 89 3 £1 CC487 CS-TKC Boeing 737-300 Air Columbus 93 3 £2 CC489 PT-OKF DHC8/300 TABA 93 2 £2 CC510 G-BLRT Short SD-360 ex Air Business 87 1 £2 CC567 N400RG Boeing 727 89 1 £2 CC573 G31-813 HP Jetstream 31 white 88 1 £1 CC574 N5073L Boeing 727 84 1 £2 CC595 G-BEKG HS 748 87 2 £2 CC603 N727KS Boeing 727 87 1 £2 CC608 N331QQ HP Jetstream 31 white 88 2 £1 CC610 D-BERT DHC8 Contactair c/s 88 5 £1 CC636 C-FBIP HP Jetstream 31 white 88 3 £1 CC650 HZ-DG1 Boeing 727 87 1 £2 CC732 D-CDIC SAAB SF-340 Delta Air 89 1 £2 CC735 C-FAMK HP Jetstream 31 Canadian partner/Air Toronto 89 1 £2 CC738 TC-VAB Boeing 737 Sultan Air 93 1 £2 CC760 G31-841 HP Jetstream 31 American Eagle 89 3 £1 CC762 C-GDBR HP Jetstream 31 Air Toronto 89 3 £1 CC821 G-DVON DH Devon C.2 RAF c/s VP955 89 1 £1 CC824 G-OOOH Boeing 757 Air 2000 89 3 £1 CC826 VT-EPW Boeing 747-300 Air India 89 3 £1 CC834 G-OOOA Boeing 757 Air 2000 89 4 £1 CC876 G-BHHU Short SD-330 89 3 £1 CC901 9H-ABE Boeing 737 Air Malta 88 2 £1 CC911 EC-ECR Boeing 737-300 Air Europa 89 3 £1 CC922 G-BKTN HP Jetstream 31 Euroflite 84 4 £1 CC924 I-ATSA Cessna 650 Aerotaxisud 89 3 £1 CC936 C-GCPG Douglas DC-10 Canadian 87 3 £1 CC940 G-BSMY HP Jetstream 31 Pan Am Express 90 2 £2 CC945 7T-VHG Lockheed C-130H Air Algerie
    [Show full text]
  • Algeria: Free Press, Opaque Political Economy
    Algeria: Free Press, Opaque Political Economy One of the bright spots in Algerian politics since 1988 has been a vibrant printed press, privately owned in large part. Readership in both French and Arabic forged rapidly ahead of those in neighboring countries in the late 1980s, and Algeria exemplified the freest press in the region. During the Islamist insurrection readership plummeted but then recovered slightly in 1998, the last year of available World Bank statistics. Morocco, experiencing a gradual political opening after 1996 and a more diversified press, was now catching up with Algeria, although Moroccan literacy rates were much lower. Comparisons between Algeria and Tunisia are perhaps more instructive because the two countries have roughly similar literacy rates, but the latter has a much duller, controlled press and less readership. This paper will try to explain why Algeria’s press still attracts fewer readers than might be expected, given its contents and levels of public literacy. First I will illustrate how freely it operates, compared to its Maghribi counterparts, by examining how the Algerian press treats its president, Abdelaziz Bouteflika, and how it handled the news of the failure of a big Algerian private sector conglomerate, the Khalifa Group. But I also argue that press readership may reflect not only the relative liberty of the press but also the possibilities of the readership to respond to the news by engaging in forms of collective action. Newspaper readership is largely a function of per capita income, but within a given economy, at least along the Southern Mediterranean, it also tracks pretty well with political openings and closures in a number of Southern Mediterranean countries for which World Bank data are available 1980-1998 (Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, Syria, and Tunisia).
    [Show full text]
  • Annual Report 2002 Contents Contents
    Annual Report 2002 contents Contents Address to shareholders 4 Key data 7 Board of Directors and Management 12 Corporate governance 15 Risk management 21 Significant events during 2002 23 Reports from the Divisions • Operations 25 • Marketing 27 • Buildings 29 • Corporate Development 31 Flight statistics 33 • 2002 flight statistics 34 • Market positioning 39 • Trend of traffic volumes 41 • Destinations 43 Financial report 45 • Group financial statements according to IFRS 46 • Audit report 70 • Financial statement pursuant to the Swiss Code of Obligations (OR) 71 • Audit report 79 3 address to shareholders Address to shareholders Dear Shareholders, During 2002, Zurich Airport felt the full impacts of the dissolution of SAirGroup, which gave rise to the need for comprehensive restructuring measures. The fundamental changes in ownership also led to a number of major challenges. Existing structures had to be completely reorganised, a task which Unique (Flughafen Zürich AG) successfully mastered. We were able to extract all the airside functions and infrastructures that are essential for airport business from the operations previously controlled by SAirGroup and now under new ownership, and bring them under our own control.This means that we have eliminated all inter- connections with and dependencies on external providers in the area of airside operations. We can therefore look back on a period of extremely intensive activity. But we still have a very busy time ahead of us, partly due to the step-by-step hand-over of components associated with expansion stage 5, but also in view of the political uncertainties throughout the world and their impacts on international civil aviation, and the ongoing debate on the home front concerning the function, size and operation of Zurich Airport.
    [Show full text]
  • Aerocaribe Aeromexico Air Asia X
    Aerocaribe (12-7-2021) Reg. Type Name c/n l/n Comments XA-ABQ DC-9-30 Yucateca 48119 943 XA-ABR DC-9-30 Regiomontana 48120 949 XA-ABS DC-9-30 Veracruzana 48118 942 XA-ABT DC-9-30 Tapatia 48141 1030 XA-AEB DC-9-30 Chiapaneca 48147 1048 XA-AEC DC-9-30 Tatich 48155 1050 XA-NJI Fairchild FH-227 Cancun 576 - XA-SKA DC-9-10 Tatafierros 47060 109 XA-SSW DC-9-10 Chief Patiño 45735 25 XA-TBX DC-9-10 Tlatoani 45716 13 XA-TVB DC-9-30 Tabasqueña 48145 1042 XA-TVC DC-9-30 Gaxaqueña 48146 1044 Aeromexico Reg. Type Name c/n l/n Comments XA-ADG B787-8 Guadeloupe 44426 637 XA-AMA DC-9-30 Cancun 48125 947 XA-AMB DC-9-30 Culiacan 48126 951 XA-AMC DC-9-30 Merida 48127 961 XA-AME DC-9-30 Tapachula 48129 968 XA-AMR B787-8 Ciudad de México 36844 264 XA-AMX B787-8 La Laguna 36843 251 XA-DEJ DC-9-30 Guadalajara 47594 717 XA-DEL DC-9-30 Chiapas 47607 721 XA-DEM DC-9-30 La Paz B.C. 47609 723 XA-DEN DC-9-30 Yucatan 47621 729 XA-DEO DC-9-30 Tijuana 47622 753 XA-DEV DC-9-10 Topkapi 47048 35 XA-DOD DC-8-50 Colima 45641 165 XA-DUG DC-10-30 Ciudad de Mexico 46936 147 XA-DUH DC-10-30 Castillo de Chapultepec 46937 152 XA-JEB DC-9-30 Ciudad Juarez 47394 458 XA-JEC DC-9-30 Ixtapa Zihuatanejo 47106 235 XA-JED DC-9-30 Hermosillo 47356 470 XA-PIK DC-8-50 Veracruz 45685 204 XA-RIY DC-10-30 Jose Maria Morelos 47861 75 XA-SIA DC-8-50 Puebla 45878 280 XA-SOA DC-9-10 Baja California Sur 47059 125 was : Baja California XA-SOE DC-9-10 Nuevo Leon 47123 253 XA-SOF DC-9-10 Sonora 47124 254 XA-SOG DC-9-10 Chihuahua 47125 388 XA-SOH DC-9-10 Durango 47126 405 XA-SOI DC-9-10 San Luis Potosi 47127 417 XA-SOJ DC-9-10 Oaxaca 45785 64 N745AM B777-200 (ER) Frida Kahlo 32718 554 N746AM B777-200 (ER) Diego Rivera 32719 562 N782AM B787-8 Misionero de Paz 37165 330 N1003N DC-10-10 Independencia 48276 362 N10038 DC-10-10 Anahuac 48275 358 N3878P DC-10-30 Jose Maria Morelos 47861 75 N4866T DC-8-60 (CF) Veracruz 46089 501 N8228P DC-10-30 Castillo de Chapultepec 46937 152 Air Asia X Reg.
    [Show full text]
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable
    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
    [Show full text]
  • Appendix 25 Box 31/3 Airline Codes
    March 2021 APPENDIX 25 BOX 31/3 AIRLINE CODES The information in this document is provided as a guide only and is not professional advice, including legal advice. It should not be assumed that the guidance is comprehensive or that it provides a definitive answer in every case. Appendix 25 - SAD Box 31/3 Airline Codes March 2021 Airline code Code description 000 ANTONOV DESIGN BUREAU 001 AMERICAN AIRLINES 005 CONTINENTAL AIRLINES 006 DELTA AIR LINES 012 NORTHWEST AIRLINES 014 AIR CANADA 015 TRANS WORLD AIRLINES 016 UNITED AIRLINES 018 CANADIAN AIRLINES INT 020 LUFTHANSA 023 FEDERAL EXPRESS CORP. (CARGO) 027 ALASKA AIRLINES 029 LINEAS AER DEL CARIBE (CARGO) 034 MILLON AIR (CARGO) 037 USAIR 042 VARIG BRAZILIAN AIRLINES 043 DRAGONAIR 044 AEROLINEAS ARGENTINAS 045 LAN-CHILE 046 LAV LINEA AERO VENEZOLANA 047 TAP AIR PORTUGAL 048 CYPRUS AIRWAYS 049 CRUZEIRO DO SUL 050 OLYMPIC AIRWAYS 051 LLOYD AEREO BOLIVIANO 053 AER LINGUS 055 ALITALIA 056 CYPRUS TURKISH AIRLINES 057 AIR FRANCE 058 INDIAN AIRLINES 060 FLIGHT WEST AIRLINES 061 AIR SEYCHELLES 062 DAN-AIR SERVICES 063 AIR CALEDONIE INTERNATIONAL 064 CSA CZECHOSLOVAK AIRLINES 065 SAUDI ARABIAN 066 NORONTAIR 067 AIR MOOREA 068 LAM-LINHAS AEREAS MOCAMBIQUE Page 2 of 19 Appendix 25 - SAD Box 31/3 Airline Codes March 2021 Airline code Code description 069 LAPA 070 SYRIAN ARAB AIRLINES 071 ETHIOPIAN AIRLINES 072 GULF AIR 073 IRAQI AIRWAYS 074 KLM ROYAL DUTCH AIRLINES 075 IBERIA 076 MIDDLE EAST AIRLINES 077 EGYPTAIR 078 AERO CALIFORNIA 079 PHILIPPINE AIRLINES 080 LOT POLISH AIRLINES 081 QANTAS AIRWAYS
    [Show full text]
  • 1 Determinants for Seat Capacity Distribution in EU and US, 1990-2009
    Determinants for seat capacity distribution in EU and US, 1990-2009. Pere SUAU-SANCHEZ*1; Guillaume BURGHOUWT 2; Xavier FAGEDA 3 1Department of Geography, Universitat Autònoma de Barcelona, Edifici B – Campus de la UAB, 08193 Bellaterra, Spain E-mail: [email protected] 2Airneth, SEO Economic Research, Roetersstraat 29, 1018 WB Amsterdam, The Netherlands E-mail: [email protected] 3Department of Economic Policy, Universitat de Barcelona, Av.Diagonal 690, 08034 Barcelona, Spain E-mail: [email protected] *Correspondance to: Pere SUAU-SANCHEZ Department of Geography, Universitat Autònoma de Barcelona, Edifici B – Campus de la UAB, 08193 Bellaterra, Spain E-mail: [email protected] Telephone: +34 935814805 Fax: +34 935812100 1 Determinants for seat capacity distribution in EU and US, 1990-2009. Abstract Keywords: 2 1. Introduction Air traffic is one of the factors influencing and, at the same time, showing the position of a city in the world-city hierarchy. There is a positive correlation between higher volumes of air passenger and cargo flows, urban growth and the position in the urban hierarchy of the knowledge economy (Goetz, 1992; Rodrigue, 2004; Taylor, 2004; Derudder and Witlox, 2005, 2008; Bel and Fageda, 2008). In relation to the configuration of mega-city regions, Hall (2009) remarks that it is key to understand how information moves in order to achieve face-to-face communication and, over long distances, it will continue to move by air, through the big international airports (Shin and Timberlake, 2000). This paper deals with the allocation of seat capacity among all EU and US airports over a period of 20 years.
    [Show full text]
  • April 2001 Recession Time? CONTENTS Uddenly a Global Recession Threatens
    Aviation Strategy Issue No: 42 April 2001 Recession time? CONTENTS uddenly a global recession threatens. In the US consumer con- Sfidence seems to have evaporated with the collapse in the price Analysis of new technology companies on the NASDAQ. Europe with less exposure to the stock markets is mostly unaffected as yet, but Asian economies, having recovered strongly from their regional crisis, are Preparations for recession 1-2 starting to look wobbly again. While the portents are ominous, it shouldn't be assumed that a SAir: putting together a recession is inevitable. The economic fundamentals remain sound rescue plan 3-4 - the OECD forecast produced at the end of last year predicted 2- 3% real GDP growth for most in the developed economies includ- ing the US - and the bursting of the e-commerce financial bubble Seattle’s sonic tonic 5 should have come as no surprise. With inflation still well under con- trol, the US Fed has the opportunity of boosting the economy with Has BA’s downsizing another half-point cut in interest rates. The Japanese, meanwhile, strategy worked? 6-9 are desperately trying to kickstart their economy by cutting interest rates to zero. However, assuming that some form of recession reduced global traffic growth to 2.4% this year and 4.2% next year (compared to around 6.5% in the past two years) then a serious surplus in the air- Briefing craft market emerges. This is illustrated by the graph on the next Iberia: a new version of page, which is based on calculation made by ESG.
    [Show full text]
  • European Air Law Association 23Rd Annual Conference Palazzo Spada Piazza Capo Di Ferro 13, Rome
    European Air Law Association 23rd Annual Conference Palazzo Spada Piazza Capo di Ferro 13, Rome “Airline bankruptcy, focus on passenger rights” Laura Pierallini Studio Legale Pierallini e Associati, Rome LUISS University of Rome, Rome Rome, 4th November 2011 Airline bankruptcy, focus on passenger rights Laura Pierallini Air transport and insolvencies of air carriers: an introduction According to a Study carried out in 2011 by Steer Davies Gleave for the European Commission (entitled Impact assessment of passenger protection in the event of airline insolvency), between 2000 and 2010 there were 96 insolvencies of European airlines operating scheduled services. Of these insolvencies, some were of small airlines, but some were of larger scheduled airlines and caused significant issues for passengers (Air Madrid, SkyEurope and Sterling). Airline bankruptcy, focus on passenger rights Laura Pierallini The Italian market This trend has significantly affected the Italian market, where over the last eight years, a number of domestic air carriers have experienced insolvencies: ¾Minerva Airlines ¾Gandalf Airlines ¾Alpi Eagles ¾Volare Airlines ¾Air Europe ¾Alitalia ¾Myair ¾Livingston An overall, since 2003 the Italian air transport market has witnessed one insolvency per year. Airline bankruptcy, focus on passenger rights Laura Pierallini The Italian Air Transport sector and the Italian bankruptcy legal framework. ¾A remedy like Chapter 11 in force in the US legal system does not exist in Italy, where since 1979 special bankruptcy procedures (Amministrazione Straordinaria) have been introduced to face the insolvency of large enterprises (Law. No. 95/1979, s.c. Prodi Law, Legislative Decree No. 270/1999, s.c. Prodi-bis, Law Decree No. 347/2003 enacted into Law No.
    [Show full text]
  • Airbus Global Market Forecast 2003
    Global Market Forecast 2003-2022 December 2003 The Airbus Global Market Forecast may also be found on the Internet at http://www.airbus.com AIRBUS S.A.S. 31707 BLAGNAC CEDEX, FRANCE REFERENCE CB 390.0008/02 DECEMBER 2003 PRINTED IN FRANCE © AIRBUS S.A.S. 2003 ALL RIGHTS RESERVED AN EADS JOINT COMPANY WITH BAE SYSTEMS The statements made herein do not constitute an offer. They are based on the assumptions shown and are expressed in good faith. Where the supporting grounds for these statements are not shown the Company will be pleased to explain the basis thereof. Contents : 1. Forecast highlights 4 2. Introducing the Global Market Forecast 8 3. Impact of the crisis 10 4. Demand for air travel 13 5. Air transport operational evolution 17 6. Passenger fleet renewal 19 7. World passenger fleet development 21 8. Demand for passenger aircraft deliveries: 23 • Mainline single-aisles 26 • Small twin-aisles 28 • Intermediate twin-aisles 30 • Large aircraft 32 9. Air cargo forecast 35 Appendices A. Airlines & cargo carriers studied 46 B. Detailed passenger traffic forecast 50 C. Detailed passenger fleet forecast 53 D. Detailed cargo traffic forecast 55 E. Freighter fleet forecast 58 Global Market Forecast 2003 3 1. Forecast highlights This edition of the Airbus Global The major predictions of the 2003 Forecast covers the evolution through GMF are that during the period 2003- 2022 of the fleet of mainline 2022 : passenger jets with at least 100 seats and freighters operated by airlines outside the Commonwealth of Worldwide demand for Independent States. air travel will grow Following the rapid termination of strongly major conflict in Iraq, the faster-than- After three years of negative or at the expected recovery from the SARS best weak growth triggered by the outbreak should open the way to a current crisis, traffic will rebound rapid worldwide recovery of air powerfully to resume a more normal travel, which has been severely growth trend averaging just over 5% affected by these events.
    [Show full text]
  • 2 0 0 9 Yearbook
    Tourism Yearbook 2009 Ministry of Tourism, Arts and Culture Republic of Maldives © Copyright Ministry of Tourism, Arts and Culture, 2009 Tourism Yearbook 2009 ISBN 99915-95-45-7 First Print: May 2009 Produced and Published by Statistics & Research Section Ministry of Tourism Arts and Culture 6th Floor, ADK Tower Ameer Ahmed Magu Male’ 20094 Republic of Maldives Tel: +960 330 4952 Fax: +960 330 4951 E-mail: [email protected] Website: www.tourism.gov.mv Data Compilation & Verifi cation: Mariyam Sharmeela, Silma Ali, Aishath Yamna Concept: Mariyam Sharmeela, Aminath Fazla Layout & Design: Mariyam Sharmeela Editor: Moosa Zameer Hassan Cover Photos: Ahmed Shareef Nafees, Muhamed (Muha), Moosa Easa, Caroline Von Tuemplin, Mohamed Azmeel, Mohamed Musaaidh, Mohamed Siraj (Sidey) Inside Photos: Shazeen Abdul Samad, Andrea Pohlman, Caroline Von Tuemplin, Shaahina Ali Printed by: M7 Print Private Limited Welcome to the Tourism Yearbook 2009! It is with great pleasure that I present to you this annual publication of Ministry of Tourism, Arts and Culture. Undoubtedly tourism is a very dynamic sector and timely dissemination of statistics is vital due to the signifi cance of the industry. With this in mind, the Tourism Yearbook is published with the objective of providing comprehensive and latest statistical information on tourism industry, to the relevant Government authorities as well as private sector, institutions and individuals. This annual publication highlights key tourism indicators of the Maldives for the past fi ve years and provides information on the performance of the Maldives tourism industry in 2008. Year 2008 had been an eventful year for the Maldives, in terms of politics within the country as well as economic changes in the Maldives and around the world.
    [Show full text]
  • U.S. Department of Transportation Federal
    U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.
    [Show full text]