Annual Report 2009 FINANCIAL HIGHLIGHTS

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2009 FINANCIAL HIGHLIGHTS CONTENTS Corporate Profile 1 Financial Highlights 2 Chairman’s Statement 4 Business Review 7 Management Discussion and Analysis of Financial Condition and Results of Operations 14 Corporate Governance Report 20 Report of Directors 34 Report of the Supervisory Committee 54 Independent Auditor’s Report 56 Consolidated Statement of Comprehensive Income 58 Consolidated Balance Sheet 59 Balance Sheet 60 Consolidated Statement of Changes 61 in Shareholders’ Equity Consolidated Cash Flow Statement 62 Notes to the Consolidated Financial Statements 63 Supplementary Information from 127 the Management Corporate Information 128 Biographies of Directors, Supervisors, 133 Senior Management and Company Secretary CORPORATE PROFILE TravelSky Technology Limited (the “Company”, or including its subsidiaries, the “Group”) is the dominant provider of information technology solutions for China’s aviation and travel industry. The Group has been devoted to developing leading products and services that satisfy the needs of all the industry participants - ranging from commercial airlines, airports and air travel products and services suppliers to travel agencies, corporate clients, travelers and cargo shippers - to conduct electronic transactions and manage the demand for travel-related information. The core businesses of the Company include aviation information technology service, distribution information technology service, clearing and accounting and settlement service for aviation industry, etc. The Company was incorporated in the People’s Republic of China (the “PRC” or “China”) on October 18, 2000. As of the date of this report, it has a direct controlling equity interest in each of the following significant subsidiaries: TravelSky Technology (Hong Kong) Limited, TravelSky Technology (Singapore) Limited, TravelSky Technology (Korea) Limited, TravelSky Technology (Japan) Limited, TravelSky Technology (Europe) GmbH, TravelSky Technology USA Ltd, Accounting Center of China Aviation Limited Company, Shanghai TravelSky Information Technology Limited, Guangzhou TravelSky Information Technology Limited, Hainan Civil Aviation Cares Co., Ltd., Cares Shenzhen Co., Ltd., Cares Hubei Co., Ltd., Cares Chongqing Information Technology Co., Ltd., Aviation Cares of Yunnan Information Co., Ltd., Civil Aviation Cares of Xiamen Ltd., Civil Aviation Cares of Qingdao Ltd., Civil Aviation Cares Technology of Xi’an Ltd., Civil Aviation Cares Technology of Xinjiang Ltd., InfoSky Technology Co., Ltd. and TravelSky Technology (Beijing) Real Estate Limited. The Company also holds an equity interest in each of the following associated companies: Shanghai Civil Aviation East China Cares System Integration Co., Ltd., Shenyang Civil Aviation Cares of Northeast China, Ltd., Aviation Cares of Southwest Chengdu, Ltd., Heilongjiang TravelSky Airport Technology Limited, Yunnan TravelSky Airport Technology Limited, Shanghai Dongmei Aviation Tourism Online Co., Ltd , Dalian TravelSky Airport Technology Limited , Hebei TravelSky Airport Technology Limited and Guangzhou Airport AirSpan Information Technology Co. Ltd. The Group had 4,097 employees as of December 31, 2009. The H shares of the Company were listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on February 7, 2001. As of the date of this report, the largest shareholder of the Company is China TravelSky Holding Company, which holds an equity interest of approximately 29.29% in the Company. A total of approximately 38.84% of the equity interest in the Company is held by 14 Chinese commercial airlines, including the holding companies of the three largest Chinese commercial airlines, namely, China Southern Air Holding Company, China Eastern Air Holding Company and China National Aviation Holding Company. The remaining 31.87% of the equity interest in the Company is held by holders of its H shares. The Company established a Sponsored Level I American Depositary Receipt Programme. American depositary shares under the programme commenced trading on the U.S. over-the-counter market on December 27, 2002. TravelSky Technology Limited 1 Annual Report 2009 FINANCIAL HIGHLIGHTS 2 TravelSky Technology Limited Annual Report 2009 FINANCIAL HIGHLIGHTS Note: The financial figures for the year 2005, 2006, 2007 and 2008 have been adjusted, as if ACCA had been acquired at the earliest period presented. TravelSky Technology Limited 3 Annual Report 2009 CHAIRMAN’S STATEMENT Dear Shareholders, In terms of operation environment, 2009 was one of the most challenging years the Group has experienced since the new millennium. Dragged by the impact of the global financial crisis and the H1N1 influenza, demand for international aviation industry plunged and then recovered amid many twists. Benefiting from the appropriate policy implemented by the PRC government, and driven by the resilience in China’s economy, the demand for domestic aviation was the first to rebound and thrive among its peers around the world. In 2009, the Group initiated a number of measures to cope with the financial crisis. We integrated the newly acquired accounting, settlement and clearing services with our existing core businesses, which further lowered cost expenses and improved operational efficiency. In addition, through persistent effort devoted to the implementation of our corporate strategies, we attained achievements in various aspects, including enhancement of production safety, consolidation of main businesses, development of new businesses, as well as the preliminary preparation work done for the construction of the Mr. Xu Qiang new operating centre in Beijing. The effective Chairman measures launched by the Group, together with the cohesive and dedicated efforts of all our staff overcame the adverse impact of the financial crisis, enabling the Group to achieve gratifying operating conditions and financial performance. Looking forward to 2010, it is predicted that the recovery of world economy will be built on shaky grounds, as countries face dilemmas over the exit strategies of their financial stimulus policies, making the outlook of international aviation industry seems not the time to be optimistic. On the other hand, despite the implementation of policies by the PRC government to stimulate consumption, which provided a favorable basis for domestic aviation industry to maintain strong growth in demand, external factors, such as oil price and exchange rate fluctuations, the launch of high-speed rails, as well as the transformation in the growth pattern of China’s economy, and the structural adjustment of the industry, will bring along various changes to the domestic aviation market in different aspects, including industry structure, competitive landscape, business model and growth pattern. The Group is called to thoroughly study the repercussion of these factors on our information technology solution services, and find out the changes in demands and formulate effective measures in response. Seeing the above mentioned uncertainties in this “Post-crisis Era”, the rapid development in internet, the extensive application of open technology, and the gradual relaxation in GDS restriction of major aviation markets around the world, as well as the development of new industrial participants, the Group expects greater challenges ahead. 4 TravelSky Technology Limited Annual Report 2009 CHAIRMAN’S STATEMENT As such, the Group will accelerate the construction of the new operating centre in Shunyi, Beijing and the development of the new generation aviation passenger service system in 2010, increase our capability of sustainable development. Through technological innovation, management innovation and enhancement of talent and team building, the Group will devote greater efforts to elevating its technological services capability, market expansion capability and operation management ability. We will leverage on organic growth in existing traditional businesses and continual exploration into new businesses, in order to realize the objective of “staying committed to becoming a leading information technology service provider with core competitiveness, sparing no effort to achieve the goal of becoming a top-tier enterprise with international competitiveness”. With respect to the construction of infrastructure, the construction of the new operating centre in Shunyi new zone will lay a good foundation for the Group’s sustainable development in its main aviation business. This centre will also serve as a low cost expansion platform for the Group’s expansion into new businesses and third-party public information hosting business. With respect to the technological innovation, the Group will further reinforce the safety measures as well as accelerate the development of the new generation aviation passenger service information system and related products portfolio. We will also optimize the correlation between the sharing platform and individual services, grasping the core demand of customers, which are to gain competitive edge and minimize costs. While exploit the potential value of our existing platforms, the Group will set its eyes on the IT market covering the whole industry, and formulate an all-rounded IT platform construction strategy in line with the development direction of “boosting platform resources and enriching product offerings”. Hence, the Group will create an IT service platform that encompasses the complete traveling flow of aviation passengers, and therefore set up a comprehensive airport information technology solution, so as to cultivate leapfrog
Recommended publications
  • 2006 Volkswagen Pro Tour Grand Finals Participating Players List (Updated As at 13/12/2006)
    2006 Volkswagen Pro Tour Grand Finals Participating Players List (updated as at 13/12/2006) Men’s Singles Women’s Singles 01 MA Lin (CHN) ZHANG Yining (CHN) 02 WANG Liqin (CHN) WANG Yue Gu (SIN) 03 BOLL Timo (GER) *TIE Yana (HKG) 04 CHEN Qi (CHN) WANG Nan (CHN) 05 SAMSONOV Vladimir (BLR) LI Jia Wei (SIN) 06 WANG Hao (CHN) *JIANG Huajun (HKG) 07 HOU Yingchao (CHN) GUO Yan (CHN) 08 OH Sang Eun (KOR) LI Xiaoxia (CHN) 09 JOO Se Hyuk (KOR) LIU Jia (AUT) 10 CHEN Weixing (AUT) HIRANO Sayaka (JPN) 11 CHUAN Chih-Yuan (TPE) GAO Jun (USA) 12 SCHLAGER Werner (AUT) SHEN Yanfei (ESP) 13 *LI Ching (HKG) HIURA Reiko (JPN) 14 ELOI Damien (FRA) LI Jiao (NED) 15 GARDOS Robert (AUT) *ZHANG Rui (HKG) 16 KORBEL Petr (CZE) TAN MONFARDINI Wenling (ITA) Men’s Doubles Women’s Doubles 01 CHEN Qi / MA Lin (CHN) WANG Nan / ZHANG Yining (CHN) 02 CHEN Weixing / GARDOS Robert (AUT) *TIE Yana / ZHANG Rui (HKG) 03 *CHEUNG Yuk / LEUNG Chu Yan (HKG) GUO Yue / LI Xiaoxia (CHN) 04 *KO Lai Chak / LI Ching (HKG) LI Jia Wei / SUN Bei Bei (SIN) 05 BOLL Timo / SUSS Christian (GER) GAO Jun (USA) / SHEN Yanfei (ESP) 06 HAO Shuai / MA Long (CHN) HIRANO Sayaka / HIURA Reiko (JPN) 07 GAO Ning / YANG Zi (SIN) HEINE Veronika / LIU Jia (AUT) 08 AXELQVIST Johan / SVENSSON Robert (SWE) *LAU Sui Fei / LIN Ling (HKG) U21 Boys’ Singles U21 Girls’ Singles 01 *JIANG Tianyi (HKG) LI Qiangbing (AUT) 02 AXELQVIST Johan (SWE) POTA Georgina (HUN) 03 BAUM Patrick (GER) GRUNDISCH Carole (FRA) 04 BOBILLIER Loïc (FRA) RAMIREZ Sara (ESP) 05 JAKAB Janos (HUN) VACENOVSKA Iveta (CZE) 06 KIM Tae Hoon (KOR) *YU Kwok See (HKG) 07 MATSUMOTO Cazuo (BRA) HEINE Veronika (AUT) 08 DURAN Marc (ESP) PROKHOROVA Yulia (RUS) .
    [Show full text]
  • Annual Report Corporate Profile
    Tel: (8610) 5765 0696 Fax: (8610) 5765 0695 Email: [email protected] Address: TravelSky High-Tech Industrial Park, Houshayu Town, 2020 Shunyi District, Beijing, PRC Postal Code: 101318 Website: www.travelskyir.com 2020 ANNUAL REPORT CORPORATE PROFILE TravelSky Technology Limited (the “Company”, together with its subsidiaries, the “Group”) is the dominant provider of information technology solutions for China’s aviation and travel industry. The core business of the Company includes aviation information technology service, distribution information technology service, accounting, settlement and clearing service for aviation industry, etc. The Group has been devoted to developing leading products and services that satisfy the needs of all the industry participants – ranging from commercial airlines, airports, air travel products and services suppliers to travel agencies, corporate clients, travelers and cargo shippers – to conduct electronic transactions and manage travel-related information. The Company was incorporated in the People’s Republic of China (the “PRC” or “China”) on October 18, 2000. The H shares of the Company were listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) (stock code: 00696) on February 7, 2001. On December 27, 2002, the American depositary shares under the Sponsored Level I American Depositary Receipt Programme established by the Company commenced trading on the U.S. over-the-counter market (OTC). Since 2015, the H shares of the Company has been added to the lists of MSCI Emerging Markets Index, Hang Seng Composite LargeCap & MidCap Index, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, etc. As of the date of this report, the largest shareholder of the Company is China TravelSky Holding Company Limited, which holds an equity interest of approximately 29.29% in the Company.
    [Show full text]
  • TABLE TENNIS Ολυµπιακό Γυµναστήριο Γαλατσίου Επιτραπέζια Αντισφαίριση / TENNIS DE TABLE Gymnase Olympique De Galatsi
    Galatsi Olympic Hall TABLE TENNIS Ολυµπιακό Γυµναστήριο Γαλατσίου Επιτραπέζια Αντισφαίριση / TENNIS DE TABLE Gymnase Olympique de Galatsi Medallists by Event Κάτοχοι Μεταλλίων ανά Αγώνισµα / Médaillés par épreuve AFTER 4 OF 4 EVENTS As of 23 AUG 2004 NOC Event Name Date Medal Name Code WANG Nan Women's Doubles 20 AUG 2004 GOLD CHN ZHANG Yining LEE Eun Sil SILVER KOR SEOK Eun Mi GUO Yue BRONZE CHN NIU Jianfeng CHEN Qi Men's Doubles 21 AUG 2004 GOLD CHN MA Lin KO Lai Chak SILVER HKG LI Ching MAZE Michael BRONZE DEN TUGWELL Finn Women's Singles 22 AUG 2004 GOLD ZHANG Yining CHN SILVER KIM Hyang Mi PRK BRONZE KIM Kyung Ah KOR Men's Singles 23 AUG 2004 GOLD RYU Seung Min KOR SILVER WANG Hao CHN BRONZE WANG Liqin CHN TT0000000_C93.4.0 Report Created MON 23 AUG 2004 14:50 Page 1/1 Galatsi Olympic Hall TABLE TENNIS Ολυµπιακό Γυµναστήριο Γαλατσίου Επιτραπέζια Αντισφαίριση / TENNIS DE TABLE Gymnase Olympique de Galatsi Medal Standings Κατάταξη Μεταλλίων / Répartition des médailles AFTER 4 OF 4 EVENTS As of MON 23 AUG 2004 Men Women Total Rank Rank NOC By G S B Tot G S B Tot G S B Tot Total 1 CHN - China 1 1 1 3 2 1 3 3 1 2 6 1 2 KOR - Korea 1 1 1 1 2 1 1 1 3 2 3 HKG - Hong Kong 1 1 1 1 =3 3 PRK - DPR Korea 1 1 1 1 =3 5 DEN - Denmark 1 1 1 1 =3 Total 2 2 2 6 2 2 2 6 4 4 4 12 Legend: G - Gold S - Silver B - Bronze Tot - Total '=' - Equal sign indicates that two or more player's NOCs share the same rank by total TT_C95 4.0 Report Created MON 23 AUG 2004 14:50 Page 1/1 Galatsi Olympic Hall TABLE TENNIS Ολυµπιακό Γυµναστήριο Γαλατσίου Επιτραπέζια Αντισφαίριση / TENNIS DE TABLE Gymnase Olympique de Galatsi 22 Aug.
    [Show full text]
  • Air China Limited
    Air China Limited Air China Limited Stock code: 00753 Hong Kong 601111 Shanghai AIRC London Annual Report 20 No. 30, Tianzhu Road, Airport Industrial Zone, Shunyi District, Beijing, 101312, P.R. China Tel 86-10-61462560 Fax 86-10-61462805 19 Annual Report 2019 www.airchina.com.cn 中國國際航空股份有限公司 (short name: 中國國航) (English name: travel experience and help passengers to stay safe by upholding the Air China Limited, short name: Air China) is the only national spirit of phoenix of being a practitioner, promoter and leader for the flag carrier of China. development of the Chinese civil aviation industry. The Company is also committed to leading the industrial development by establishing As the old saying goes, “Phoenix, a bird symbolizing benevolence” itself as a “National Brand”, at the same time pursuing outstanding and “The whole world will be at peace once a phoenix reveals performance through innovative and excelling efforts. itself”. The corporate logo of Air China is composed of an artistic phoenix figure, the Chinese characters of “中國國際航空公司” in Air China was listed on The Stock Exchange of Hong Kong Limited calligraphy written by Mr. Deng Xiaoping, by whom the China’s (stock code: 0753) and the London Stock Exchange (stock code: reform and opening-up blueprint was designed, and the characters of AIRC) on 15 December 2004, and was listed on the Shanghai Stock “AIR CHINA” in English. Signifying good auspices in the ancient Exchange (stock code: 601111) on 18 August 2006. Chinese legends, phoenix is the king of all birds. It “flies from the eastern Happy Land and travels over mountains and seas and Headquartered in Beijing, Air China has set up branches in Southwest bestows luck and happiness upon all parts of the world”.
    [Show full text]
  • 2010 Buenos Aires, Argentina
    Claiming CME Credit To claim CME credit for your participation in the MDS 14th Credit Designation International Congress of Parkinson’s Disease and Movement The Movement Disorder Society designates this educational Disorders, International Congress participants must complete activity for a maximum of 35 AMA PRA Category 1 Credits™. and submit an online CME Request Form. This form will be Physicians should only claim credit commensurate with the available beginning June 15. extent of their participation in the activity. Instructions for claiming credit: If you need a Non-CME Certificate of Attendance, please tear • After June 15, visit the MDS Web site. out the Certificate in the back of this Program and write in • Log in after reading the instructions on the page. You will your name. need your International Congress File Number which is located on your name badge or e-mail The Movement Disorder Society has sought accreditation from [email protected]. the European Accreditation Council for Continuing Medical • Follow the on-screen instructions to claim CME Credit for Education (EACCME) to provide CME activity for medical the sessions you attended. specialists. The EACCME is an institution of the European • You may print your certificate from your home or office, or Union of Medical Specialists (UEMS). For more information, save it as a PDF for your records. visit the Web site: www.uems.net. Continuing Medical Education EACCME credits are recognized by the American Medical The Movement Disorder Society is accredited by the Association towards the Physician’s Recognition Award (PRA). Accreditation Council for Continuing Medical Education To convert EACCME credit to AMA PRA category 1 credit, (ACCME) to provide continuing medical education for contact the AMA online at www.ama-assn.org.
    [Show full text]
  • Monthly OTP July 2019
    Monthly OTP July 2019 ON-TIME PERFORMANCE AIRLINES Contents On-Time is percentage of flights that depart or arrive within 15 minutes of schedule. Global OTP rankings are only assigned to all Airlines/Airports where OAG has status coverage for at least 80% of the scheduled flights. Regional Airlines Status coverage will only be based on actual gate times rather than estimated times. This July result in some airlines / airports being excluded from this report. If you would like to review your flight status feed with OAG pleas [email protected] MAKE SMARTER MOVES Airline Monthly OTP – July 2019 Page 1 of 1 Home GLOBAL AIRLINES – TOP 50 AND BOTTOM 50 TOP AIRLINE ON-TIME FLIGHTS On-time performance BOTTOM AIRLINE ON-TIME FLIGHTS On-time performance Airline Arrivals Rank No. flights Size Airline Arrivals Rank No. flights Size SATA International-Azores GA Garuda Indonesia 93.9% 1 13,798 52 S4 30.8% 160 833 253 Airlines S.A. XL LATAM Airlines Ecuador 92.0% 2 954 246 ZI Aigle Azur 47.8% 159 1,431 215 HD AirDo 90.2% 3 1,806 200 OA Olympic Air 50.6% 158 7,338 92 3K Jetstar Asia 90.0% 4 2,514 168 JU Air Serbia 51.6% 157 3,302 152 CM Copa Airlines 90.0% 5 10,869 66 SP SATA Air Acores 51.8% 156 1,876 196 7G Star Flyer 89.8% 6 1,987 193 A3 Aegean Airlines 52.1% 155 5,446 114 BC Skymark Airlines 88.9% 7 4,917 122 WG Sunwing Airlines Inc.
    [Show full text]
  • China Media Bulletin
    Issue No. 154: May 2021 CHINA MEDIA BULLETIN Headlines ANALYSIS The Gutting of Hong Kong’s Public Broadcaster P2 IN THE NEWS • Regulators “clean up” internet ahead of CCP anniversary alongside censorship of Oscars, Bible apps, and Weibo P5 • Surveillance updates: Personal data-protection law advances, Apple compromises on user data, citizen backlash P6 • Criminal charges for COVID commentary, Uyghur religious expression, Tibetan WeChat use P7 • Hong Kong: Website blocks, netizen arrests, journalist beating, and Phoenix TV ownership change P9 • Beyond China: Beijing’s COVID-19 media strategy, waning propaganda impact in Europe, new US regulations to enhance transparency P10 FEATURED PUSHBACK Netizens demand transparency on Chengdu student’s death P12 WHAT TO WATCH FOR P13 TAKE ACTION P14 IMAGE OF THE MONTH Is RTHK History? This cartoon published on April 5 by a Hong Kong visual arts teacher is part of a series called “Hong Kong Today.” It depicts a fictional Hong Kong Museum of History, which includes among its exhibits two institutions that have been critical to the city’s freedom, but are being undermined by Chinese and Hong Kong government actions. The first is the Basic Law, the mini-constitution guaranteeing freedom of expression and other fundamental rights; the other is Radio Television Hong Kong (RTHK), the once-respected public broadcaster now facing a government takeover. The teacher who posted the cartoon is facing disciplinary action from the Education Department. Credit: @vawongsir Instagram Visit http://freedomhou.se/cmb_signup or email [email protected] to subscribe or submit items. CHINA MEDIA BULLETIN: MAY 2021 ANALYSIS The Gutting of Hong Kong’s Public Broadcaster By Sarah Cook A government takeover of Radio Television Hong Kong has far-reaching Sarah Cook is the implications.
    [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]
  • Press Release
    PRESS RELEASE East Meadow, March 19, 2018 Lufthansa begins biometric boarding at LAX, paving the way for nationwide usage at airports − Biometric technologies simplify, de-stress and significantly speed up airplane boarding − During the initial trial, Lufthansa boarded an A380 in about 20 minutes − Following Lufthansa’s successful LAX trial, the Airline will introduce biometrics boarding at other U.S. airports nationwide Lufthansa Group, as part of its ongoing efforts to digitalize the travel world, has launched hassle- free, one-step biometric boarding utilizing facial recognition. This innovative pilot, enabled through a collaboration with Lufthansa Group’s longstanding IT partner, Amadeus, as well as U.S. Customs and Border Protection (CBP), Los Angeles World Airports Authority (LAWA), and Vision Box, is now available at Los Angeles International Airport (LAX). During initial trials, Lufthansa received very positive feedback from guests and boarded approximately 350 passengers onto an A380 in about 20 minutes. Here is how it works: • Self-boarding gates with sophisticated facial recognition cameras capture passengers’ facial images as they approach the device • This image is securely sent to the CBP database for real-time matching and verification • After a successful, instantaneous match within a few seconds, the system recognizes the passenger as “boarded” • The passenger no longer needs to show a boarding pass or passport at the gate “The increasing need for airlines, airports and authorities to offer faster and more convenient processes for guests to move through the airport creates a unique opportunity for the use of biometrics,” said Bjoern Becker, Senior Director, Product Management Ground and Digital Services for Lufthansa.
    [Show full text]
  • PDF Full Report
    Heightening Sense of Crises over Press Freedom in Hong Kong: Advancing “Shrinkage” 20 Years after Returning to China April 2018 YAMADA Ken-ichi NHK Broadcasting Culture Research Institute Media Research & Studies _____________________________ *This article is based on the same authors’ article Hong Kong no “Hodo no Jiyu” ni Takamaru Kikikan ~Chugoku Henkan kara 20nen de Susumu “Ishuku”~, originally published in the December 2017 issue of “Hoso Kenkyu to Chosa [The NHK Monthly Report on Broadcast Research]”. Full text in Japanese may be accessed at http://www.nhk.or.jp/bunken/research/oversea/pdf/20171201_7.pdf 1 Introduction Twenty years have passed since Hong Kong was returned to China from British rule. At the time of the 1997 reversion, there were concerns that Hong Kong, which has a laissez-faire market economy, would lose its economic vigor once the territory is put under the Chinese Communist Party’s one-party rule. But the Hong Kong economy has achieved generally steady growth while forming closer ties with the mainland. However, new concerns are rising that the “One Country, Two Systems” principle that guarantees Hong Kong a different social system from that of China is wavering and press freedom, which does not exist in the mainland and has been one of the attractions of Hong Kong, is shrinking. On the rankings of press freedom compiled by the international journalists’ group Reporters Without Borders, Hong Kong fell to 73rd place in 2017 from 18th in 2002.1 This article looks at how press freedom has been affected by a series of cases in the Hong Kong media that occurred during these two decades, in line with findings from the author’s weeklong field trip in mid-September 2017.
    [Show full text]
  • AVIC AG600 "Kunlong"
    This production list is presented to you by the editorial team of "Soviet Transports" - current to the beginning of January 2021. Additions and corrections are welcome at [email protected] AVIC AG600 "Kunlong" The AG600 (Jiaolong 600) is a large amphibian powered by four Zhuzhou WJ6 turboprop engines. Development started in 2009 and construction of the prototype in 2014. The first flight took place on 24 December 2017. The aircraft can be used for fire-fighting (it can collect 12 tonnes of water in 20 seconds) and SAR, but also for transport (carrying 50 passengers over up to 5,000 km). The latter capability could give the type strategic value in the South China Sea, which has been subject to various territorial disputes. According to Chinese sources, there were already 17 orders for the type by early 2015. AG600 built by Zhuhai Yanzhou Aircraft Corporation (ZYAC) at Zhuhai from 2016 --- 'B-002A' AG600 AVIC ph. nov20 a full-scale mock-up; in white c/s with dark blue trim and grey belly, titles in Chinese only; displayed in the Jingmen Aviator Town (N30.984289 E112.087750), seen nov20 --- --- AG600 AVIC static test airframe 001 no reg AG600 AVIC r/o 23jul16 the first prototype; production started in 2014, mid-fuselage section completed 29dec14 and nose section completed 17mar15; in primer B-002A AG600 AVIC ZUH 30oct16 in white c/s with dark blue trim and grey belly, titles in Chinese only; f/f 24dec17; f/f from water 20oct18; 172 flights with 308 hours by may20; performed its first landing and take-off on the sea near Qingdao 26jul20 AVIC HO300 The HO300 (Seagull 300) is an amphibian with either four or six seats.
    [Show full text]
  • AFRAA Annual Report 2019
    IRLINES ASS A PAGNIES O OM AERI C 20N S C EN 19 E N I A D ES A N A T C IO F I T R I I O R IA C C A I N F O N S E S A S A ANNUAL AFRAA REPORT Amadeus Airline Platform Bringing SIMPLICITY to airlines You can follow us on: AmadeusITGroup amadeus.com/airlineplatform AFRAA Executive Committee (EXC) Members 2019 AIR MAURITIUS (MK) RWANDAIR (WB) PRESIDENT OF AFRAA CHAIRPERSON OF THE EXECUTIVE COMMITTEE Mr. Somas Appavou Ms. Yvonne Makolo Chief Executive Officer Chief Executive Officer CONGO AIRWAYS (8Z) KENYA AIRWAYS (KQ) CAMAIR-CO (QC) Mr. Desire Balazire Esono Mr. Sebastian Mikosz Mr. Louis Roger Njipendi Kouotou 1st Vice Chairman of the EXC 2nd Vice Chairman of the EXC Chief Executive Officer Chief Executive Officer Chief Executive Officer ROYAL AIR MAROC (AT) EGYPTAIR (MS) TUNISAIR (TU) Mr. Abdelhamid Addou Capt. Ahmed Adel Mr. Ilyes Mnakbi Chief Executive Officer Chairman & Chief Executive Officer Chief Executive Officer ETHIOPIAN AIRLINES (ET) AIR ZIMBABWE (UM) AIR NAMIBIA (SW) MAURITANIA AIRLINES (L6) Mr. Tewolde GebreMariam Mr. Joseph Makonise Mr. Xavier Masule Mrs. Amal Mint Maoulod Chief Executive Officer Chief Executive Officer Chief Executive Officer Chief Executive Officer ANNUAL REPORT 2019 I Foreword raffic growth in Africa has been consistently increasing since 2011. The demand for air passenger services remained strong in 2018 with a 6.9% year Ton year growth. Those good results were supported by the good global economic environment particularly in the first half of the year. Unlike passenger traffic, air freight demand recorded a very weak performance in 2018 compared to 2017.
    [Show full text]