Opportunities and risks for Start up airlines in Africa

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Opportunities and risks for Start up airlines in Africa"

Transcription

1 Opportunities and risks for Start up airlines in Africa Nairobi, March 2012

2 Disclaimer This document was created for the exclusive use of AFRAA. It is only complete in conjunction with the underlying detailed analysis and a verbal presentation by Lufthansa Consulting. It may not be made available to third parties without the explicit prior written consent of Lufthansa Consulting

3 African air travel has a potential to grow at least threefold as air trips per capita is only 28% of South America Population (in mil., 2011 est) Air travelers (in mil., 2011 est) Air travel per capita (2011) 1, Population Air travelers Air travel per capita Source: IATA, CIA factbook Africa South America - 3 -

4 Although Africa is composed of 50+ countries, 8 players alone control 50% of all the traffic Major airlines and traffic Top 3 AT 5m AH 4m TU 3m MS 7m 20m pax 26% Top 3 W3 3m SA 8m ET 3m KQ 3m Top airlines on the continent: 38m pax 51% 51% Other airlines (incl. non African) 37m pax Source: AirportIS - 4 -

5 Out of 140 airlines created between 2000 and 2005 in Africa, only 61 are still operating; 43% versus 60% in other regions Number of airlines broken-down by date of creation Africa based operators Operators based in Asia, Pacific and South America Start up Start up Before Source: ACAS - 5 -

6 Airlines of various sizes and shapes have survived the financial crisis, meaning that no business model is doomed Sample African airlines created between 2000 and 2005 and still operating Airline Country Fleet Business Model Year of creation South Africa 4x MD-87 4x MD-83 4x MD-82 Low cost service (domestic + international) 2004 Algeria 1x L-420 4x L-410 6x Beech1900D Air Ambulance, Business Charter 2002 Angola 1x E45 5x E120 Scheduled service (domestic) 2003 Nigeria 2x F100 3x F-28 1x E45 Scheduled service (domestic) 2002 Source: ACAS, Airlines website - 6 -

7 Too big too fast is the danger as shown in Ghana, where the failures benefited to European, Gulf and US carriers Competitive landscape in ACC, Accra, Ghana( ) Seats per week 40,000 Failed expansion attempt by Ghana International 35,000 30,000 25,000 Demise of state owned Ghana Airways 20,000 15,000 10,000 5,000 49% 36% West African carriers Other African carriers North African carriers European, Gulf and US carriers Source: Lufthansa Consulting, OAG - 7 -

8 Starting an airline is an uncertain venture since only two forces are favorable; it is still a necessity in some places Porter forces in Africa Customer influence Customers are sensitive to safety but: Low income makes the market difficult to stimulate Late bookings penalized treasury Entry barriers & new entrants* Les accords de Yamoussoukro ease the framework but: AOC are difficult to obtain in certain countries Technical requirements are difficult to meet because of the logistic unfavorable favorable Rivalry among competitors Airlines come and disappear regularly leading to a stagnant level of competition but: Airlines compete on price Threat of substitutes Road and rail are not sufficient Teleconferencing is not applicable Supplier control Limited number of local suppliers Reluctance of foreign supplier to invest resources in Africa This force alone makes aviation a necessity for a lot of countries Source: Lufthansa Consulting, Note: high barrier entry is favorable to a start up because it is assumed that the start up is created and the entry barrier relates to the possibility that new entrants replicate its success - 8 -

9 Start up process in 3 steps has to be conducted in order to properly start up and guarantee a sustainable company Start up process breakdown Phase 1 Business Planning Phase 2 Ramp up Phase 3 Implementation Phase 1 activities Review & assess existing passenger & competition market data Define strategy Build a network and fleet plan Establish a marketing plan (product, price, distribution etc..) Create high level 5-year financial P&L model Perform sensitivity analysis on major market drivers Phase 2 activities Develop detailed step by step ramp-up plan for carrier Define the responsibilities, timelines and milestones Assessment of requirements/ additional resources Phase 3 activities Negotiate the financing Acquire the aircraft Recruit the experts (expats if need be) Apply for AOC Promote the product Set up the sales and operations... Source: Lufthansa Consulting - 9 -

10 A good business plan has to be Complete Accurate and Flexible What makes a business plan good? Complete Accurate Flexible Strategy Objectives, goals Commercial competition, customer habits Financial currency, Available equity, Interest rates, Local supplier s availability Operational black listing, Local expertise Regulatory taxes, Traffic rights Data Passenger, Revenue, Costs (availability of data) Market match Is the product we supply tailored to the customers we target? Forecast passenger growth, yield development, cost inflation Structural flexibility (comes at a cost) Leasing, small aircraft, outsourcing Buffering Are we taking some margins to maneuver? Sensitivity What if fuel price goes up? Source: Lufthansa Consulting

11 To complete a ramp up plan, focus on what is needed for the first flight then move backward to build the links How to structure a ramp up plan? Sample The aircraft of Start Airlines takes off from XXX with 100 pax on board Aircraft Start Airlines Takes off from XXX 100 pax Airframe Brand Traffic rights Sales Engines Legal entity Maintenance Flight attendants Pilots AOC Fuel Catering Staff Ground handling ATC Project planning software Source: Lufthansa Consulting

12 Like a flight, start up implementation has to follow the 3 guidelines: prepare, monitor, adapt; to reach its destination 3 principles for a successful implementation Monitor Adapt Prepare Be prepared to resist external pressure that would be too costly Start negotiations as early as possible as no good deal is signed on a hurry Define all the KPI and adjust the KPI only when necessary Make sure you review them on a regular basis Do not trust to the fullest a Business Plan made years ago without any update Do not be afraid of changing course in case of unexpected events and updating the Business Plan when required Source: Lufthansa Consulting

13 It takes only 2 good people to make a successful take off, it takes many more to make a successful start-up Cleared for take-off Source: Lufthansa Consulting

14 Contacts Faical Allou Senior Consultant Lufthansa Consulting GmbH Von-Gablenz-Str Cologne Germany Tel.: +49 (0) Fax: +49 (0) Mob: +49 (0) Stanislav Solomko Managing Consultant Lufthansa Consulting GmbH Von-Gablenz-Str Cologne Germany Tel.: +49 (0) Fax: +49 (0) Mob: +49 (0)

15 Thank you for your attention

Future Growth of the Airline Industry

Future Growth of the Airline Industry Future Growth of the Airline Industry How will global competition drive change? Andrew Herdman Director General Association of Asia Pacific Airlines Geneva, Switzerland 22 February 2011 Overview Current

More information

Deutsche Bank. Andean Region Conference. London, May, 2016

Deutsche Bank. Andean Region Conference. London, May, 2016 Deutsche Bank Andean Region Conference London, May, 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

Finnair Q3 Result 2012. 26 October 2012

Finnair Q3 Result 2012. 26 October 2012 Finnair Q3 Result 2012 26 October 2012 1 Content Market environment in Q3 Business performance and strategy execution Outlook Financials 2 Finnair Q3 Result, 26 October 2012 Market Environment The global

More information

Aegean Airlines Nine Month 2008 Results. Analysts Conference Call November 12, 2008

Aegean Airlines Nine Month 2008 Results. Analysts Conference Call November 12, 2008 Aegean Airlines Nine Month 2008 Results Analysts Conference Call November 12, 2008 Key Highlights Turnover increased 26% to 468.2m from 370.5m Total passengers served reached 4.6m, +13% above 2007 (+23%

More information

Air Arabia. Investor Presentation FY 2015

Air Arabia. Investor Presentation FY 2015 Air Arabia Investor Presentation FY 2015 Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information

More information

THE AMERICAN AIRLINEW INDUSTRY AND SOUTHWEST AIRLINES. low profit margins. Within the industry, however, there have been differences in terms of

THE AMERICAN AIRLINEW INDUSTRY AND SOUTHWEST AIRLINES. low profit margins. Within the industry, however, there have been differences in terms of THE AMERICAN AIRLINEW INDUSTRY AND SOUTHWEST AIRLINES Introduction The domestic airline industry in the USA has been characterized by intense rivalry and low profit margins. Within the industry, however,

More information

FLUGHAFEN WIEN AG. Traffic Results for 2013 and Outlook for the Company in 2014

FLUGHAFEN WIEN AG. Traffic Results for 2013 and Outlook for the Company in 2014 FLUGHAFEN WIEN AG Traffic Results for 2013 and Outlook for the Company in 2014 2013: Influenced by challenges Difficult international environment Difficult operating environment for the European aviation

More information

Information meeting. Cheuvreux Conference September 2010. Philippe Calavia CFO, Air France-KLM

Information meeting. Cheuvreux Conference September 2010. Philippe Calavia CFO, Air France-KLM Information meeting Cheuvreux Conference September 2010 Philippe Calavia CFO, Air France-KLM Air transportation: a growth industry CAGR 2001-11 GDP: +2.7% World Passenger traffic: +5.0% World cargo traffic:

More information

Aegean Airlines S.A. - Financial and Strategic SWOT Analysis Review

Aegean Airlines S.A. - Financial and Strategic SWOT Analysis Review Brochure More information from http://www.researchandmarkets.com/reports/1495581/ Description: Summary Aegean Airlines S.A. (Aegean) is a full service public air transport company. The company is engaged

More information

The Challenge of the Low-cost Airlines

The Challenge of the Low-cost Airlines The Challenge of the Low-cost Airlines Air Transport Management Seminar Universidade Lusofona Lisbon 7th - 11th January 2008 Dr Keith Mason Director Business Travel Research Centre www.businesstravelresearch.com

More information

2. Expansion of network / Enhance Competition:

2. Expansion of network / Enhance Competition: ADVANTAGES: Africa which could lead to an increase of tourists to South Africa and the creation of new business opportunities. Trade could also benefit through the availability of new airfreight links.

More information

THE AIRLINE INDUSTRY: Trends, Challenges, Strategies

THE AIRLINE INDUSTRY: Trends, Challenges, Strategies THE AIRLINE INDUSTRY: Trends, Challenges, Strategies John Wensveen, Ph.D. Dean, School of Aviation Dowling College New York, USA www.dowling.edu President, Airline Visions www.airlinevisions.com The University

More information

Aviation Radar 2013. Mai 2013. European Aviation Radar 2013_final.pptx

Aviation Radar 2013. Mai 2013. European Aviation Radar 2013_final.pptx 1 Aviation Radar 2013 Airline and airport managers are cautiously positive about the future of European aviation. However, fundamental changes are underway. The industry players might be forced to adapt

More information

2014 FULL YEAR RESULTS

2014 FULL YEAR RESULTS 2014 FULL YEAR RESULTS -3% -8% Financial and Operational Highlights Operational Revenue mntl (1) Ancillary Revenue/Pax Load Factor 29% 16% 13% 22% TRY mn 2.38 4,7 TRY mn 3.08 1,7 TRYm n 569,3 TRYm n 661,9

More information

Trends in Aviation & Impact on MROs. Khwaja M. (KM) Ali Director, Maintenance Economics

Trends in Aviation & Impact on MROs. Khwaja M. (KM) Ali Director, Maintenance Economics Trends in Aviation & Impact on MROs Khwaja M. (KM) Ali Director, Maintenance Economics 7 th Maintenance Cost Conference Singapore, October 19-21, 2011 Seven Trends Are Shaping The Long-Term Structure Of

More information

Finnair Group Financial year January 1-December 31, 2001

Finnair Group Financial year January 1-December 31, 2001 Finnair Group Financial year January 1-December 31, 2001 State of the airline industry Business travel dropped dramatically Events of September 2001 From beauty contest to fight for survival Production

More information

FROM LANDING TO TAKE-OFF: WE CARE! COMPANY PRESENTATION

FROM LANDING TO TAKE-OFF: WE CARE! COMPANY PRESENTATION FROM LANDING TO TAKE-OFF: WE CARE! COMPANY PRESENTATION AGENDA 1. This is Swissport 2. Our Service Offerings 3. The Hub Concept 4. Global and Regional Presence 2 1. THIS IS SWISSPORT 3 WHAT WE DO THE COMPANY

More information

EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2015

EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2015 22 July 2015 easyjet Trading Statement Page 1 of 6 A. HIGHLIGHTS: EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2015 easyjet performance in the quarter Good commercial performance with revenue

More information

Catania Airport Commercial Aviation Policy 2016 on incremental international traffic. 31st January 2016

Catania Airport Commercial Aviation Policy 2016 on incremental international traffic. 31st January 2016 Catania Airport Commercial Aviation Policy 2016 on incremental international traffic 31st January 2016 Commercial Policy Guidelines AIM This policy aims at increasing traffic (both on international connections

More information

Training. 2015 Pilot & Technician Outlook. 2015 Pilot & Technician Outlook 1

Training. 2015 Pilot & Technician Outlook. 2015 Pilot & Technician Outlook 1 2015 Pilot & Technician Outlook 1 Pilot & Technician Outlook As global economies expand and airlines take delivery of tens of thousands of new commercial jetliners over the next 20 years, there is and

More information

Development of Business Strategy and Business Plans for Profitable Cargo Operations Dr Emre Serpen Executive Vice President, Head of Airline Practice

Development of Business Strategy and Business Plans for Profitable Cargo Operations Dr Emre Serpen Executive Vice President, Head of Airline Practice Development of Business Strategy and Business Plans for Profitable Cargo Operations Dr Emre Serpen Executive Vice President, Head of Airline Practice Improvement Profitability Cargo Operations Benchmarking

More information

Training. 2014 Pilot & Technician Outlook. 2014 Pilot & Technician Outlook 1

Training. 2014 Pilot & Technician Outlook. 2014 Pilot & Technician Outlook 1 2014 Pilot & Technician Outlook 2014 Pilot & Technician Outlook 1 Pilot & Technician Outlook As global economies expand and airlines take delivery of tens of thousands of new commercial jetliners over

More information

Lufthansa Passenger Airlines Lufthansa Investor Day 2011

Lufthansa Passenger Airlines Lufthansa Investor Day 2011 Lufthansa Passenger Airlines Lufthansa Investor Day 2011 Kay Kratky Member of the Lufthansa German Airlines Board Frankfurt & Flight Operations Thomas Klühr Member of the Lufthansa German Airlines Board

More information

Understanding Business Cycles in the Airline Market

Understanding Business Cycles in the Airline Market Understanding Business Cycles in the Airline Market Martin Liehr, Andreas Größler *, Martin Klein Industrieseminar der Universität Mannheim D - 68131 Mannheim, Germany Phone: (+49 621) 292-314 Fax: (+49

More information

Aegean Airlines 2007 Review & Business Outlook. Analysts Conference Call February 20, 2008

Aegean Airlines 2007 Review & Business Outlook. Analysts Conference Call February 20, 2008 Aegean Airlines 2007 Review & Business Outlook Analysts Conference Call February 20, 2008 Agenda 2007 Review Business Outlook Key highlights Domestic network International network Activity Our fleet Financials

More information

Customer Relationship Management (CRM) Analytics Global Market Analysis - Forecast (2014-2020)

Customer Relationship Management (CRM) Analytics Global Market Analysis - Forecast (2014-2020) Brochure More information from http://www.researchandmarkets.com/reports/3164949/ Customer Relationship Management (CRM) Analytics Global Market Analysis - Forecast (2014-2020) Description: The report

More information

Joe Randell President and Chief Executive Officer. Rick Flynn Chief Financial Officer. Nathalie Megann Director, Investor Relations.

Joe Randell President and Chief Executive Officer. Rick Flynn Chief Financial Officer. Nathalie Megann Director, Investor Relations. Joe Randell President and Chief Executive Officer Rick Flynn Chief Financial Officer Nathalie Megann Director, Investor Relations August 2015 Disclaimer CAUTION REGARDING FORWARD-LOOKING INFORMATION Certain

More information

Major Components of a Typical Startup-Airline Business Plan

Major Components of a Typical Startup-Airline Business Plan Major Components of a Typical Startup-Airline Business Plan EXECUTIVE SUMMARY Description of airline concept (scope, revenue/cost structure, service offering, aircraft types, major markets served) Target

More information

Optimization of Outsourcing Agreements

Optimization of Outsourcing Agreements Optimization of Outsourcing Agreements Mr. Tiymor Kalimat MCTF Chairman, Cost Control Manager, Royal Jordanian IATA Maintenance Cost Conference October 19, 2010 Passenger & Cargo Airline PLC A340, A310,A320

More information

ICAO Strategic Objective: Economic Development of Air Transport Electronic Tools for Dissemination of Air Transport Data

ICAO Strategic Objective: Economic Development of Air Transport Electronic Tools for Dissemination of Air Transport Data ICAO Strategic Objective: Economic Development of Air Transport Electronic Tools for Dissemination of Air Transport Data Jérôme SIMON Infrastructure Manager Economic Policy and Analysis (EAP) Section,

More information

Introduction. Analysis of the airline industry. Rivalry among competitors

Introduction. Analysis of the airline industry. Rivalry among competitors Introduction The domestic US airline industry has been intensely competitive since it was deregulated in 1978. In a regulated environment, most of the cost increases were passed along to consumers under

More information

ACI Airport Statistics and Forecasting Workshop AVIATION STATISTICS & DATA: A VITAL TOOL FOR THE DECISION MAKING PROCESS Narjess Teyssier ICAO Chief Economic Analysis & Policy Section London, 3 rd March

More information

Global Learning Management System Market Analysis - Forecast (2014-2020)

Global Learning Management System Market Analysis - Forecast (2014-2020) Brochure More information from http://www.researchandmarkets.com/reports/3506494/ Global Learning Management System Market Analysis - Forecast (2014-2020) Description: This analysis is one of the most

More information

AirAsia.com. Professional Diploma Program in Logistics and Supply Chain Management Project Studies Enabling Technology in Airline Industry

AirAsia.com. Professional Diploma Program in Logistics and Supply Chain Management Project Studies Enabling Technology in Airline Industry AirAsia.com Professional Diploma Program in Logistics and Supply Chain Management Project Studies Enabling Technology in Airline Industry By WONG Pui Man, Cary March 2009 2 CONTENTS CONTENTS...2 ABSTRACT...3

More information

Air Dispatch and Finnair

Air Dispatch and Finnair 1 Amadeus Air Dispatch and Finnair Amadeus Altéa Departure Control Flight Management Air Dispatch and Finnair Case Study A customer success story on the benefits of centralising load control operations

More information

Malmi - Helsinki City International Airport. Malmi operators development plan 21.11.2015

Malmi - Helsinki City International Airport. Malmi operators development plan 21.11.2015 Malmi - Helsinki City International Airport Malmi operators development plan 21.11.2015 Malmi Airport Background Helsinki-Malmi Airport is located 10km from the center of Helsinki and is the only freeschedule

More information

UIB AVIATION AIRLINE RISK PROFILE. Dependable Corporate Insurance in any language

UIB AVIATION AIRLINE RISK PROFILE. Dependable Corporate Insurance in any language A guide to providing the necessary information, to present to aviation insurers Dependable Corporate Insurance in any language Algeria - Brazil - Colombia - Dubai - Germany - India - Japan - Korea - Malaysia

More information

Support Material. May 2012

Support Material. May 2012 Support Material May 2012 FORWARD-LOOKING STATEMENTS This document contains forward-looking statements, including with respect to the negotiation, implementation and effects of the proposed combination.

More information

Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation

Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation Rui Baptista The Structural Analysis of Industries What is Strategy?

More information

OPENING UP OF THE AIR TRANSPORT MARKET IN GREECE UNDER LIBERALIZATION. (Submitted by Greece)

OPENING UP OF THE AIR TRANSPORT MARKET IN GREECE UNDER LIBERALIZATION. (Submitted by Greece) February 2003 English and French only OPENING UP OF THE AIR TRANSPORT MARKET IN GREECE UNDER LIBERALIZATION (Submitted by Greece) 1. INTRODUCTION 1.1 Until 1991, Greek air transport had developed within

More information

Fleet and funding strategy Solid foundation for growth

Fleet and funding strategy Solid foundation for growth Fleet and funding strategy Solid foundation for growth Erno Hildén, CFO Finnair Capital Markets Day, 22 May 2014 1 Disclaimer This document includes forward-looking statements. These forward-looking statements

More information

Marketing & Sales Competence Center

Marketing & Sales Competence Center Franchising The Roland Berger approach Marketing & Sales Competence Center July, 2009 1 Franchise systems attract growing interest and gain importance Roland Berger Strategy Consultants know how to succeed

More information

Annual report 2012/2013

Annual report 2012/2013 39 Chairman Message existed as one of EGYPTAIR along 81 years and established as a subsidiary company of EGYPTAIR HOLDING in 2002. Our commitment is to support the Egyptian export movement, achieve our

More information

Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com

Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com Event Management Software Market by Component, Software, Service, Deployment Mode (On-Premise, Cloud), Organization size, Verticals (Education, corporate, Third-Party Planners, Government, & others), and

More information

mba morten beyer & agnew

mba morten beyer & agnew Business Valuation: How to Make the Most of Your Business Pooja Gardemal, CPA/ABV Vice President Business Valuation & Economic Analysis 1 About is a global consulting firm with offices in the U.S. and

More information

Commercial Update. John Leahy Chief Operating Officer Customers Airbus. Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009

Commercial Update. John Leahy Chief Operating Officer Customers Airbus. Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009 Commercial Update John Leahy Chief Operating Officer Customers Airbus Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009 1 1 Safe Harbour Statement Disclaimer This presentation includes forward-looking

More information

Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA Norwegian Air Shuttle ASA Q1 2011 presentation April 28th 2011 Double digit revenue growth in Q1 Group revenues of MNOK 1,895 in Q1 2011, 19 % growth since last year Domestic revenue: MNOK 780 (+10%) International

More information

Australia Intelligent Transport System.pdf

Australia Intelligent Transport System.pdf http://www.gosreports.com Analytics as a Service Market by Solutions (Financial Analytics, Risk Analytics, Customer Analytics, Marketing Analytics, Sales Analytics, Web & Social Media Analytics, Supply

More information

Finnair Q2 result info

Finnair Q2 result info Finnair Q2 result info 15 August 2014 CEO Pekka Vauramo CFO Erno Hildén 1 Product upgrades: Customers spoke, we listened Signature meals and new buy onboard menu, Sky Bistro Lounge renewals New In-flight

More information

easyjet plc Year to 30 September 2011 Pre-close statement presentation

easyjet plc Year to 30 September 2011 Pre-close statement presentation EZYRIDER\Presentations\20110901 - Mgmt Strategy Presentation\Optimise returns MAIN - 190811 v 42.pptx easyjet plc Year to 30 September 2011 Pre-close statement presentation 1 EZYRIDER\Presentations\20110901

More information

The fourth international conference on ECONOMICS AND MANAGEMENT OF NETWORKS Sarajevo, 3 to 5 September 2009

The fourth international conference on ECONOMICS AND MANAGEMENT OF NETWORKS Sarajevo, 3 to 5 September 2009 The fourth international conference on ECONOMICS AND MANAGEMENT OF NETWORKS Sarajevo, 3 to 5 September 2009 Negative Effects in Logistic Networks Prof. Dr. Richard Vahrenkamp, University of Kassel, Germany

More information

Industry Analysis: The Fundamentals

Industry Analysis: The Fundamentals Industry Analysis: The Fundamentals OUTLINE The objectives of industry analysis From environmental analysis to industry analysis Porter s Five Forces Framework Applying industry analysis Industry & market

More information

Value and Developments on EDI from an MRO's Perspective

Value and Developments on EDI from an MRO's Perspective Value and Developments on EDI from an MRO's Perspective ATA ebusiness Forum 2014 Sven A. Heitsch Head of Strategy and Technology AG, Hamburg Lufthansa Group The five business segments Passenger Transportation

More information

CRM Analytics Market by Type - Global Forecast to 2019

CRM Analytics Market by Type - Global Forecast to 2019 Brochure More information from http://www.researchandmarkets.com/reports/3160606/ CRM Analytics Market by Type - Global Forecast to 2019 Description: CRM Analytics Market by Type (Sales Analytics, Customer

More information

ASSESSING THE COMMERCIAL AVIATION IMPACTS OF THE US-AFRICA OPEN SKIES AGREEMENTS TYLER B. SPENCE MICAH S. WALALA RICHARD O. FANJOY PURDUE UNIVERSITY

ASSESSING THE COMMERCIAL AVIATION IMPACTS OF THE US-AFRICA OPEN SKIES AGREEMENTS TYLER B. SPENCE MICAH S. WALALA RICHARD O. FANJOY PURDUE UNIVERSITY ASSESSING THE COMMERCIAL AVIATION IMPACTS OF THE US-AFRICA OPEN SKIES AGREEMENTS TYLER B. SPENCE MICAH S. WALALA RICHARD O. FANJOY PURDUE UNIVERSITY OVERVIEW Background Introduction to Open Skies Literature

More information

Current Aircraft Finance Market Outlook 2015

Current Aircraft Finance Market Outlook 2015 Boeing Capital Corporation Current Aircraft Finance Market Outlook 2015 Copyright 2014 Boeing. All rights reserved. T he Current Aircraft Finance Market Outlook for 2015 anticipates continued strength

More information

Q1-Q3 2014 Results Press and Analysts' Conference

Q1-Q3 2014 Results Press and Analysts' Conference Q1-Q3 2014 Results Press and Analysts' Conference Carsten Spohr Chairman of the Executive Board and CEO Simone Menne Member of the Executive Board and CFO Frankfurt, October 30 th 2014 Page 1 Disclaimer

More information

Jeff Edwards Head of Global Hotels Group June 2013

Jeff Edwards Head of Global Hotels Group June 2013 Jeff Edwards Head of Global s Group June 2013 Agenda Why? Industry context and business opportunity Distribution strategy and business proposition IT Competitive environment Our strategy Our product offering

More information

SPEECH FOR THE SIGNING OF BILATERAL AIR SERVICE AGREEMENT (BASA) WITH BOTSWANA, ETHIOPIA AND MAURITIUS IN GABORONE, BOTSWANA

SPEECH FOR THE SIGNING OF BILATERAL AIR SERVICE AGREEMENT (BASA) WITH BOTSWANA, ETHIOPIA AND MAURITIUS IN GABORONE, BOTSWANA REPUBLIC OF BOTSWANA SPEECH FOR THE SIGNING OF BILATERAL AIR SERVICE AGREEMENT (BASA) WITH BOTSWANA, ETHIOPIA AND MAURITIUS IN GABORONE, BOTSWANA BY HONOURABLE NONOFO E. MOLEFHI M.P, MINISTER OF TRANSPORT

More information

Brochure More information from http://www.researchandmarkets.com/reports/3291653/

Brochure More information from http://www.researchandmarkets.com/reports/3291653/ Brochure More information from http://www.researchandmarkets.com/reports/3291653/ Video Analytics Market by Type (Hardware, Video Analytics Software, and Services), Applications (Intrusion Management,

More information

The electronic flight bag market is estimated at $2.28 billion in 2015 and is expected to register a CAGR of 13.41% to reach $4.27 billion by 2020.

The electronic flight bag market is estimated at $2.28 billion in 2015 and is expected to register a CAGR of 13.41% to reach $4.27 billion by 2020. Commercial Electronic Flight Bag Market by Type (Portable EFB and Installed EFB), Component (Hardware: Class 1, Class 2, and Class 3, Software: Type A, Type B, and Type C), and Geography - Forecast 2015

More information

TIGER AIRWAYS POSTS PROFIT AFTER TAX OF $2 MILLION FOR THE QUARTER ENDED 31 DECEMBER 2012

TIGER AIRWAYS POSTS PROFIT AFTER TAX OF $2 MILLION FOR THE QUARTER ENDED 31 DECEMBER 2012 TIGER AIRWAYS HOLDINGS LIMITED Media Release 24 January 2013 TIGER AIRWAYS POSTS PROFIT AFTER TAX OF $2 MILLION FOR THE QUARTER ENDED 31 DECEMBER 2012 Tiger Airways Holdings Limited has posted a profit

More information

Singapore Airlines Group Analyst/Media Briefing FY2012-13 13 RESULTS 17 MAY 2013 THE PARENT AIRLINE FY2012/13 RESULTS

Singapore Airlines Group Analyst/Media Briefing FY2012-13 13 RESULTS 17 MAY 2013 THE PARENT AIRLINE FY2012/13 RESULTS Singapore Airlines Group Analyst/Media Briefing FY2012-13 13 RESULTS 17 MAY 2013 THE PARENT AIRLINE FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS FY2012/13 4Q/12 $million Better/ (Worse) $million

More information

March 2015 Debt Investor Update

March 2015 Debt Investor Update March 2015 Debt Investor Update E u r o p e s O n l y U l t r a L o w C o s t C a r r i e r Proven, resilient business model Europe s lowest fares/lowest unit costs Europe s No 1, Traffic Europe s No 1,

More information

U.S. Airport Slot Regulations

U.S. Airport Slot Regulations U.S. Airport Slot Regulations Current Practices and New Proposals University of Tokyo, ITPU International Seminar on Transport Congestion Policy Brian Meehan Consultant, U.S. Federal Aviation Administration

More information

Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet

Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet strategic transportation & tourism solutions Session ME302 Airline Routes: How You Can Influence Their Development Paul Ouimet 49 th ICCA Congress & Exhibition October 25, 2010 Presentation Outline 1.

More information

Discussion Paper 01: Aviation Demand Forecasting

Discussion Paper 01: Aviation Demand Forecasting Airports Commission Discussion Paper 01: Aviation Demand Forecasting Response from Kent County Council and Medway Council Q1: To what extent do you consider that the DfT forecasts support or challenge

More information

Car Manufacturing in South Africa

Car Manufacturing in South Africa Brochure More information from http://www.researchandmarkets.com/reports/2152481/ Car Manufacturing in South Africa Description: Summary Car Manufacturing in South Africa industry profile provides top-line

More information

Making a strong business stronger. 18 June 2013

Making a strong business stronger. 18 June 2013 Making a strong business stronger 18 June 2013 1 Introduction John Barton Chairman 2 2 Fleet order Carolyn McCall Chief Executive Officer 3 3 Continuation of strategy to drive growth and returns Leverage

More information

SUB-SAHARAN AFRICA ERICSSON MOBILITY REPORT

SUB-SAHARAN AFRICA ERICSSON MOBILITY REPORT SUB-SAHARAN AFRICA ERICSSON MOBILITY REPORT NOVEMBER 2015 Market Overview Key figures: Sub-Saharan Africa 2015 2021 CAGR 2015 2021 Mobile subscriptions (million) 690 1,020 7% Smartphone subscriptions (million)

More information

Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020)

Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020) Brochure More information from http://www.researchandmarkets.com/reports/3276778/ Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020) Description: Streaming Analytics

More information

Lufthansa Group Roadshow Presentation March 2014

Lufthansa Group Roadshow Presentation March 2014 Lufthansa Group Roadshow Presentation March 2014 Page 1 Disclaimer in respect of forward-looking statements Information published in this presentation concerning the future development of the Lufthansa

More information

Air China Limited Announces 2014 Annual Results

Air China Limited Announces 2014 Annual Results Air China Limited Announces 2014 Annual Results Hong Kong March 26, 2015 Air China Limited ( Air China or the Company, together with its subsidiaries, collectively the Group ) (HKEX: 00753; LSE: AIRC;

More information

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013

International Civil Aviation Organization WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING. Montréal, 18 to 22 March 2013 International Civil Aviation Organization ATConf/6-WP/11 10/12/12 WORKING PAPER WORLDWIDE AIR TRANSPORT CONFERENCE (ATCONF) SIXTH MEETING Montréal, 18 to 22 March 2013 Agenda Item 2: Examination of key

More information

COmpany Profile DESTINATIONS 75$9(/

COmpany Profile DESTINATIONS 75$9(/ COmpany Profile Travel is an experience; a time to work, learn and enjoy. You want to feel good about the people you buy from - not only financially, but knowing that you are really getting what you want;

More information

Brochure More information from http://www.researchandmarkets.com/reports/3301109/

Brochure More information from http://www.researchandmarkets.com/reports/3301109/ Brochure More information from http://www.researchandmarkets.com/reports/3301109/ Threat Intelligence Security Market by Solution (SIEM, Log Management, IAM, SVM, Risk Management, Incident Forensics),

More information

Competition and regulatory issues in the civil aviation sector

Competition and regulatory issues in the civil aviation sector Competition and regulatory issues in the civil aviation sector By Liberty Mncube Chief Economist Competition Commission of South Africa AVIATION INDUSTRY GROWTH AND SAFETY CONFERENCE 4 November 2014 1

More information

Q4 2014 Highlights. 22% revenue growth y.o.y. Unit cost (CASK) increased by 3% y.o.y to NOK 0.43. NOK 0.5 bn loss related to hedges for 2015

Q4 2014 Highlights. 22% revenue growth y.o.y. Unit cost (CASK) increased by 3% y.o.y to NOK 0.43. NOK 0.5 bn loss related to hedges for 2015 Norwegian Air Shuttle ASA Q4 2014 Presentation Q4 2014 Highlights 22% revenue growth y.o.y Driven by long-haul expansion Received three new 737-800 s in Q4 replacing older aircraft 45% growth in ancillary

More information

Global Airline Catering Market: Opportunities and Challenges

Global Airline Catering Market: Opportunities and Challenges Brochure More information from http://www.researchandmarkets.com/reports/1826149/ Global Airline Catering Market: Opportunities and Challenges Description: Airline catering market which is a sub segment

More information

2015 Annual Results 26 August 2015 Christopher Luxon CEO Rob McDonald CFO

2015 Annual Results 26 August 2015 Christopher Luxon CEO Rob McDonald CFO 2015 Annual Results 26 August 2015 Christopher Luxon CEO Rob McDonald CFO 1 The year in review Another year of earnings growth: Normalised earnings* before taxation $496 million, up 49.4% Statutory net

More information

Analysts and Investors conference call Q3 2013 results. 14 November 2013

Analysts and Investors conference call Q3 2013 results. 14 November 2013 Analysts and Investors conference call Q3 2013 results 14 November 2013 Management summary Key highlights in Q3 2013 Topline development was satisfactory: Capacity is down by 5.8% (seats) and 3.9% (ASK)

More information

Preparing A Business Plan. Presented By: Raed Daoudi

Preparing A Business Plan. Presented By: Raed Daoudi Preparing A Business Plan Presented By: Raed Daoudi The Business Plan Whether it s a start-up company, an expansion of an existing firm, a spin-off from a parent corporation, or even a project within a

More information

Jargon Buster. Amadeus APIS ASK ATA ATC ATD. BA2Buy BAA BABS. Agents Discount Tickets (AD75 - pay 25% of fare)

Jargon Buster. Amadeus APIS ASK ATA ATC ATD. BA2Buy BAA BABS. Agents Discount Tickets (AD75 - pay 25% of fare) Jargon Buster A AD Agents Discount Tickets (AD75 - pay 25% of fare) Amadeus System for making seat reservations, and monitoring bookings. APIS TAdvance Passenger Information System. The governments of

More information

Software Testing Market India

Software Testing Market India Software Testing Market India July 2014 Executive Summary Market Software Testing market in India was valued at ~ INR xx bn in 20-- and is projected to grow at a CAGR of ~ x1% between 20--- and 20-- Over

More information

Airline ancillary revenue projected to be $59.2 billion worldwide in 2015

Airline ancillary revenue projected to be $59.2 billion worldwide in 2015 Airline ancillary revenue projected to be $59.2 billion worldwide in 2015 The CarTrawler worldwide estimate of ancillary revenue forecasts 18.8% increase above 2014, with $36.7 billion of the total composed

More information

The e-commerce sector in the region is developing at a phenomenal rate and will remain a major strategic focus for the company in the coming years

The e-commerce sector in the region is developing at a phenomenal rate and will remain a major strategic focus for the company in the coming years Our Services Aramex provides global door-to-door shipping solutions for time-sensitive documents and packages to customers across all industries. We offer a range of express services to suit customers

More information

NORWEGIAN AIR SHUTTLE ASA

NORWEGIAN AIR SHUTTLE ASA NORWEGIAN AIR SHUTTLE ASA SECOND QUARTER AND FIRST HALF REPORT 2009 HIGHLIGHTS First half revenue up by 24.5% to MNOK 3,287.8, quarterly revenue up by 22.5 % to MNOK 1,900.5 (1,551.2). Earnings before

More information

TURBULENCE AHEAD DISENGAGE THE AUTOPILOT 2015-2025 GLOBAL FLEET & MRO MARKET FORECAST

TURBULENCE AHEAD DISENGAGE THE AUTOPILOT 2015-2025 GLOBAL FLEET & MRO MARKET FORECAST TURBULENCE AHEAD DISENGAGE THE AUTOPILOT 2015-2025 GLOBAL FLEET & MRO MARKET FORECAST Tuesday, October 13 th 2015 Christopher Doan Vice President Oliver Wyman acquired TeamSAI and integrated the business

More information

AIRLINE INDUSTRY NEWS

AIRLINE INDUSTRY NEWS AIRLINE INDUSTRY NEWS AIRLINE INDUSTRY NEWS The airline industry structure has changed significantly over the past 5 years, with more than 10 low cost carriers entering the Greek market. Moreover, carriers

More information

LOGISTICS STUDIES IN LUXEMBURG

LOGISTICS STUDIES IN LUXEMBURG LOGISTICS STUDIES IN LUXEMBURG Over the past few years, Luxembourg has continuously improved its positioning as an intercontinental logistics hub in Europe especially for contract, air and rail freight-based

More information

A soft insurance market is a time for buyers to be selective as insurance markets

A soft insurance market is a time for buyers to be selective as insurance markets Risk Management and Insurance Issues in the Middle East Business Aviation Market Beirut, June 11 th, 2013 A soft insurance market is a time for buyers to be selective as insurance markets are hungry for

More information

Netflix Strategic Analysis

Netflix Strategic Analysis XMBA 2013 Netflix Strategic Analysis Global Strategic Thinking Joey M. Reed, XMBA 2013 4/17/2013 EXECUTIVE SUMMARY In 1999, Reed Hastings launched an online movie rental service called, Netflix. The company

More information

Cambridge International Examinations Cambridge International Advanced Level

Cambridge International Examinations Cambridge International Advanced Level Cambridge International Examinations Cambridge International Advanced Level *8525015971-I* TRAVEL AND TOURISM 9395/32 Paper 3 International Business & Leisure Travel Services October/November 2015 INSERT

More information

The evolution of the European lowryanair

The evolution of the European lowryanair Available online at www.sciencedirect.com Procedia Social and Behavioral Sciences 62 ( 2012 ) 342 346 WCBEM 2012 The evolution of the European lowryanair case study Laura Diaconu a * a Alexandru Ioan Cuza

More information

Coca-Cola Case Analyses. <Student Name> <Name and Section # of course> <Instructor Name> <Date>

Coca-Cola Case Analyses. <Student Name> <Name and Section # of course> <Instructor Name> <Date> Running Head: COCA-COLA CASE Coca-Cola Case Analyses Coca-Cola Case 2 Coca-Cola Case Analyses This paper is about the company Coca-Cola

More information

Send Money Africa sendmoneyafrica.worldbank.org

Send Money Africa sendmoneyafrica.worldbank.org Send Money Africa sendmoneyafrica.worldbank.org October 2013 1I ll The World Bank SMA is funded by the AIR Project This report 1 identifies and analyzes trends in the cost of sending money to and within

More information

Roadshow Presentation March 2013. Seite 1

Roadshow Presentation March 2013. Seite 1 ROADSHOW FY12 Roadshow Presentation March 2013 Seite 1 Disclaimer in respect of forward-looking statements Information published in this presentation with regard to the future development of the Lufthansa

More information

morten beyer & agnew international aviation consultants Washington Frankfurt Singapore trusted advisors to decision makers 1

morten beyer & agnew international aviation consultants Washington Frankfurt Singapore trusted advisors to decision makers 1 morten beyer & agnew international aviation consultants Washington Frankfurt Singapore trusted advisors to decision makers 1 Aviation consulting for a broad range of industry stakeholders including airline

More information

BUSINESS 478-Section D400 CASE SYNOPSIS:

BUSINESS 478-Section D400 CASE SYNOPSIS: BUSINESS 478-Section D400 CASE SYNOPSIS: CATHAY PACIFIC Group C: Clarence Yip Loveleen Sangha Wing Chun Tang Kristy Hoi Ching Luk Jia Wen Zhu Date: October 14, 2015 INTRODUCTION Background Cathay Pacific

More information

NORWEGIAN AIR SHUTTLE ASA

NORWEGIAN AIR SHUTTLE ASA NORWEGIAN AIR SHUTTLE ASA FIRST QUARTER REPORT 2013 HIGHLIGHTS First quarter revenue up by 23% to MNOK 2,904 (2,360). RASK up 2% to 0.39, where yield was up 4% to 0.51 and load factor was down 1% to 76%.

More information