THE FOUR PILLARS OF SUSTAINABILITY : ECONOMIC
|
|
- Brendan Greer
- 7 years ago
- Views:
Transcription
1 THE FOUR PILLARS OF SUSTAINABILITY : ECONOMIC Continuing globalisation of the world economy and trade, the growth of low cost airlines and buoyancy of tourism in recent years, have been key drivers of air traffic growth. This section outlines the air travel forecasts for Brisbane Airport for the next 20 years and the economic benefits that the airport is set to provide to both the regional and national economies. Airports provide air transport services for a wide range of economic activities. In the case of Brisbane Airport, it serves as the major international airport link for not only Brisbane and SEQ, but for Queensland and northern New South Wales. With some potential capacity constraints at other major Australian airports, passenger and freight movement through Brisbane Airport, which operates 24/7, will increasingly influence the wider Australian economy, trade and tourism. BAC s commitments to the growth of Brisbane Airport, including over $3.3 billion investment in new and expanded infrastructure over the next 10 years, is consistent with BAC s Economic Development Objectives which are to: contribute to regional economic wealth and employment generation; ensure selective, profitable and timely commercial development; and achieve sound corporate governance, planning and management. THE ECONOMIC PILLAR CHAPTERS Aviation Growth Forecasts Aviation business including the attraction of airlines, passengers and freight is central to the airport s growth and prosperity. For this reason, trends and issues that impact on air travel and airline expansion are regularly monitored to understand and forecast the pattern and impacts of growth. Chapter 4 profiles the current and projected growth of commercial airline movements to Brisbane, annual passenger numbers, trends in general aviation and domestic and international air freight. 40 Brisbane Airport Corporation Pty Ltd
2 Airports worldwide, including Brisbane Airport, are developing extensive business and commercial land precincts that offer tenants either a direct nexus with aviation, for example, ready access to air freight and domestic and international air transport links. Brisbane Airport is fortunate to have the largest available, undeveloped land mass of any major Australian airport for further aviation and commercial development. The forecasts indicate that Brisbane Airport will have over 50,000 employees by 2029, and the airport will contribute some $2.6 billion to the regional and State economies. These outcomes can only be realised through a continued, strong investment in the region s aviation infrastructure and the timely and sustainable development of airport land. As an integral member of Australia TradeCoast Limited, BAC s land use and development intentions presented in this section demonstrate its commitments to growing Brisbane Airport as a significant economic and employment driver for the region. 5. Economic Significance 6. Land Use & Precinct Development Brisbane Airport is a major economic driver for South-East Queensland. The contributions of the airport to regional revenues and spending, employment, tourism and other industries underline the need for continued expansion including the future development of the New Parallel Runway. Chapter 5 outlines the airport s current and future economic contribution with 24/7 operation and it compares its national and regional economic impacts with and without further airport expansion. A substantial future increase in the value of Brisbane Airport to the region is expected from ongoing terminal, precinct and runway developments. Brisbane Airport s economic goals are supported by a responsible, long term strategy for land use. Integrated precincts that feature the terminals, retail shopping, airside activities like freight forwarding, aviation maintenance, manufacture and education, light and general industries, offices, leisure facilities, amenity and open space will progressively shape Brisbane s airport city. Chapter 6 describes BAC s land use strategy across the airport precincts, its design principles and ways in which airport development interfaces with surrounding land uses. The allocation of land use zonings and intended uses within each precinct are also shown in this chapter Master Plan 41
3 4AVIATION GROWTH FORECASTS 42 Brisbane Airport Corporation Pty Ltd
4 4 aviation GROWTH FORECASTS 4.1 Introduction Brisbane Airport has seen continued strong growth in both domestic and international air travel since the approval of its 2003 Master Plan. In the financial year 2002/03, Brisbane Airport handled a total of 12.3 million passengers and some 138,000 aircraft movements. In 2007/08, this has grown to 18.5 million passengers and 177,000 annual aircraft movements, an increase of 50% and 25% respectively. This growth over the last five years continues the growth that Brisbane Airport has achieved over many years and reflects the strong population and economic growth of Brisbane and SEQ. Figure 4.1 shows the historical growth in passenger travel through Brisbane Airport since Over these 16 years, there have been a number of significant events that have caused short term impacts on air travel, including: the Asian economic crisis of 1997; the attacks on the World Trade Centre Buildings in September 2001; the collapse of Ansett in September 2001; and the SARS virus concerns in The recent significant volatility in fuel prices, coupled with the worldwide economic concerns have resulted in debate about continued growth in air travel. However, as can be seen from past events, while the rise in fuel costs and economic uncertainty may result in some short term reduction in growth rates, continued long-term growth in air travel is likely. BAC is making a significant investment in airport infrastructure to address this growth. FIGURE 4.1 Historical passenger movements Passenger Numbers ( 000) 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, Year Brisbane Airport Highlights Airline Services airlines have consolidated and grown their operations through Brisbane Airport, including: Emirates commenced daily services between Dubai and Brisbane, including a daily connecting service to Auckland, in October Emirates will extend this to a double daily service to Dubai from February 2009; Singapore Airlines has increased its frequency out of Brisbane to up to three services per day; Qantas commenced a direct Brisbane to Los Angeles service in April 2005, steadily increasing the number of weekly services and in early 2008, this became a daily service; Pacific Blue, an international airline within the Virgin Blue Group, commenced a number of international services to Pacific and New Zealand destinations. Growth in both flight frequencies and destinations is continuing with new services recently commenced to Samoa, Bali, Port Moresby and Honiara; Air New Zealand has grown its services to Brisbane Airport considerably; Etihad, another Middle East carrier, began three services per week from Brisbane to Abu Dhabi in September 2007; Jetstar began international flights from Brisbane to New Zealand and Japan. While it has recently withdrawn from the Brisbane to Japan route, Jetstar has announced new international destinations from Brisbane including its new service to Bali; and V Australia has announced its intentions to begin direct Pacific services to Los Angeles commencing in March As SEQ and, in particular Brisbane, continues its rapid growth as a major commercial and tourism centre, international airlines are expected to continue to grow their operations through Brisbane Airport. In addition to the growth in international airline activity, domestic air travel through Brisbane Airport has seen significant growth, from 9.5 million annual passengers in 2002/03 to some 14.4 million in 2007/08. This five-year period saw the launch of Jetstar in Australia, with Brisbane providing a significant domestic route network. Qantas, Qantas Link, Virgin Blue and other regional domestic carriers also have experienced growth in their services and passengers through Brisbane Airport Master Plan 43
5 4 GROWTH FORECASTS CONT Developments in Aviation Technology It should be noted that in the period since BAC s last Master Plan two additional significant aviation initiatives have occurred, which are expected to have a positive influence on continuing air travel growth worldwide, including traffic at Brisbane Airport: (i) The commitment by the world s two largest aircraft manufacturers, Boeing and Airbus to develop new advanced technology aircraft. Boeing has developed the world s first composite frame aircraft, the B787 Dreamliner which is set to begin service in The Qantas Group has the largest order for this new aircraft. Airbus has launched the world s largest passenger aircraft, the A380, which began service with Singapore Airlines in October A number of airlines that service Australia and Brisbane, including Singapore Airlines, Qantas, Emirates, Etihad, Thai and Malaysian have ordered this aircraft. Airbus has also begun the development of a new wide body aircraft, the A350XWB, which is scheduled to commence airline operations in All of these aircraft represent significant technological advancements in aircraft design, including major fuel efficiencies and quieter aircraft, as well as passenger amenity. (ii) Unprecedented orders from world airlines for new aircraft many of which will be delivered from 2009 onwards. With airlines updating their fleet with newer and more fuel efficient aircraft, these aircraft will enable airlines to manage fuel cost and economic volatility while growing their routes and services. 4.2 Methodology / Trends A large number of factors influence the growth of air travel. These include: the incomes of travellers both the level of income, and confidence that these levels will be maintained and will grow; the competitiveness (quality, product attributes) of a destination compared to alternative destinations; the supply of airline services frequency, reliability, quality of service; tourism promotion by Governments, airlines and industry bodies; consumer tastes and available time for travel; the process of air travel and the ground component of travel; and threats such as wars, SARS, terrorism. While all of these types of factors have an influence on demand, only some can be measured and factored into the type of modelling used in airport forecasting. Of the factors listed above, income (generally measured through an aggregate variable such as Gross Product (GDP)) has the largest influence on growth rates for international travel. In addition to the influence of GDP, developments in domestic and international aviation will also influence air travel. Airline alliances, code sharing, privatisation and the advent of new aircraft types can have a material impact on market outcomes. For these reasons, a number of approaches have been used in constructing the forecasts that underpin this Master Plan. Because forecasting deals with many uncertainties, BAC also considers lower and higher growth scenarios to assess the sensitivity of its forecasts. The forecasting approach is to: review markets and establish trend growth rates for Brisbane Airport traffic; use quantitative analysis and review other studies to establish relationships between traffic drivers, such as GDP and traffic demand. These are undertaken at a high macro level and compared with market based, or micro reviews; and 44 Brisbane Airport Corporation Pty Ltd
6 establish the reasonableness of the forecasts by reviewing other long-term forecasts (economic, population and traffic), and by comparing Brisbane with other airports. The macro approach establishes relationships between aggregate passenger numbers for Brisbane Airport and economic factors such as Australian and/or Organisation for Economic Co-operation and Development (OECD) GDP, as well as identifying specific markets for major tourism generating countries and/or regions. The micro approach provides an additional perspective on growth and is more responsive to developments in specific regions (e.g. the Asian economic crisis). From previous research and comparable studies within Australia and overseas, estimates of various elasticities have been established, mainly for income and fares. This data was used in forecasting passenger traffic by travel type and route. While these elasticity estimates are not derived from Brisbane Airport data, experience indicates that they can be valuable in preparing medium to longer term forecasts of air traffic markets, particularly when used in conjunction with trend analysis for the specific market. In the case of domestic travel, the Bureau of Transport and Regional Economics (BTRE) publishes route level data monthly for top Australian domestic routes only. This route level data was used by BAC to establish trends that inform this Master Plan. In addition, the anticipated capacity expansion by Australia s domestic airlines has an important influence on growth forecasts in the short to medium term. 4.3 Growth Forecasts 2008/09 to 2028/ Passenger Growth Forecasts In the near term (out to 2012/13), it is considered that international passenger movements through Brisbane Airport will sustain an average 5% annualised growth. This is similar to the national forecasts for all Australian airports for the same period. For the same period, Australia s Tourism Forecasting Committee has forecast (in its release of November 2007) that the number of international visitor arrivals to Australia will grow by 4.8% per annum. The number of Australians travelling overseas is set to grow by 5.9% achieving a combined annual growth of 5.3%. Based on these projections, BAC forecasts indicate that by 2028/29, some 11.8 million passengers will annually pass through the international terminal at Brisbane Airport. The number of domestic passengers is expected to grow by 5.2% per year up to 2012/13. Growth rates in the longer term will remain relatively high at around 4% annually for Brisbane Airport due to continuing population and economic growth in Brisbane and the surrounding SEQ region. Consequently, forecasts suggest that by 2028/29, around 33.3 million passengers will annually pass through the Terminal at Brisbane Airport. Figure 4.2 shows the international and domestic passenger growth forecast. figure 4.2 PASSENGER GROWTH FORECASTS 50,000 45,000 40,000 Passenger Numbers ( 000) 35,000 30,000 25,000 20,000 15,000 10,000 5, Year 2009 Master Plan 45
7 4 GROWTH FORECASTS CONT Aircraft Movement Forecasts Commercial Airline Activity Aircraft movement growth is normally lower than passenger growth due to airlines upgrading their aircraft fleets to larger capacity aircraft. For example, in the case of the Brisbane Sydney route, which is the busiest sector flown from Brisbane, future capacity constraints at Sydney Airport could lead to a growing proportion of larger passenger capacity aircraft being utilised by the domestic airlines. movements are forecast to grow at an average of 3.9% annually over the next 20 years, with domestic movements growing at 4% annually over the same period. By 2029, Brisbane Airport is forecast to be handling approximately 358,000 annual aircraft movements. Figure 4.3 shows this forecast growth in aircraft movements. Figure 4.3 Aircraft movements forecasts Movements Numbers 400, , , , , , ,000 50,000 0 GA 2007/ / / / /29 Year General Aviation General Aviation refers to that part of the aviation industry not engaged in scheduled commercial flights, such as charter and private operators, or services such as the Royal Flying Doctor Service. General aviation movements at Brisbane Airport represent currently only a small percentage of total aircraft movements (approximately 8% of total movements). General aviation movements are forecast to grow only marginally over the next 20 years from 13,400 annual movements in 2008 to 14,900 annual movements in This means their percentage share of total movements will drop to 4%. Other regional airports such as Redcliffe, Caboolture and Archerfield would be expected to remain the main General Aviation airports for the greater Brisbane area Air Freight Air freight is an important source of revenue for passenger airlines. The Air Transport Association (IATA) reports that air freight can contribute up to 25% of total airline route revenue on some international services. Figure 4.4 shows forecast growth in air freight. Brisbane Airport handles approximately 12% of Australia s international air freight and ranks third after Sydney and Melbourne. Brisbane is an important international export gateway airport for Queensland and Australian goods, especially perishable produce. There is also a growing trend for imports and exports to be transhipped via Brisbane. The majority of international air freight is carried in the belly holds of wide body passenger aircraft. 46 Brisbane Airport Corporation Pty Ltd
8 figure 4.4 Aircraft Freight forecasts 350, , ,000 Tonnes 200, , ,000 50, Year Future growth in this air freight sector is dependent on increases in the number of services to Brisbane by international network carriers, which is one of BAC s strategic aviation business development objectives. Special consignments such as bulky industrial plant, livestock and airframe deliveries are transported by dedicated charter air freighter aircraft. Current trends suggest that this pattern will continue. air freight is mainly overnight parcel express business carried by dedicated scheduled air freighter aircraft operating within Australia-wide networks. The efficiency of these essential services is highly dependent on Brisbane Airport being fully operational 24 hours a day. Brisbane Airport handles approximately 15% of Australia s domestic air freight by tonnage. 4.4 Growth Comparisons with 2003 Master Plan Table 4.1 below compares passenger growth as forecast in the 2003 Master Plan with growth predicted in this 2009 Master Plan: TAble 4.1 growth comparisons with 2003 master plan Year 2003 Master Plan 2009 Master Plan (1) Total Total 2007/ M 13.1 M 16.9 M 4.1 M 14.4 M 18.5 M 2012/ M 16.6 M 21.8 M 5.3 M 18.4 M 23.7 M 2017/ M 20.7 M 27.6 M 6.9 M 22.1 M 29.0 M 2022/ M 25.9 M 35.0 M 8.8 M 26.6 M 35.4 M 2028/29 N/A N/A N/A 11.8 M 33.3 M 45.1M (1) Excludes international transit passengers Master Plan predicted the airport having a 40 million passenger ultimate capacity. While there are differences in the forecasts in the near term, the longer term forecasts in the 2009 Master Plan (post 2020) remain similar to those contained in Brisbane Airport s 2003 Master Plan Master Plan 47
Queensland Tourism - Industry Outlook and Potential to 2020 Department of Tourism, Major Events, Small Business and Commonwealth Games
Queensland Tourism - Industry Outlook and Potential to 2020 Department of Tourism, Major Events, Small Business and Commonwealth Games August 2012 Contents Glossary... i Executive Summary... i 1 Background...
More informationThe Economic Benefits of Aviation and Performance in the Travel & Tourism Competitiveness Index
CHAPTER 1.4 The Economic Benefits of Aviation and Performance in the Travel & Tourism Competitiveness Index JULIE PEROVIC International Air Transport Association (IATA) The aviation industry supports tourism
More informationyears in the community
Montréal-Trudeau, from the 70 past to the future years in the community The airport s beginnings Montréal Pierre Elliott Trudeau International Airport is 70 years old! It was on September 1, 1941, that
More informationDiscussion 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 informationEUROPEAN AIRPORTS AND TOURISM ORGANISATIONS TOGETHER ON OPEN SKIES
EUROPEAN AIRPORTS AND TOURISM ORGANISATIONS TOGETHER ON OPEN SKIES 1 Over the past months, the expansion of Gulf airlines in particular Emirates, Etihad Airways and Qatar Airways into the North American
More informationA380 Commercial Update for JP Morgan
Jean-Pierre Dambrine A380 Marketing Director Commercial Update for JP Morgan 9 th Own the Sky All around the world All around the world The most efficient way to grow Network optimiser, yield booster The
More informationTIGER AIRWAYS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: 200701866W
TIGER AIRWAYS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: 200701866W TIGER AIRWAYS ALMOST TRIPLES PROFIT BEFORE TAX TO $57.0 MILLION FOR THE FINANCIAL YEAR
More informationWhat is driving Australians' travel choices?
What is driving Australians' travel choices? What is driving Australians' travel choices? ISBN 978-1-921812-45-3 Tourism Research Australia Department of Resources, Energy and Tourism GPO Box 1564 Canberra
More informationSERVCORP LIMITED ABN 97 089 222 506 APPENDIX 4E. Preliminary Final Report for the financial year ended 30 June 2009
SERVCORP LIMITED APPENDIX 4E Preliminary Final Report for the financial year ended The information in this document should be read in conjunction with the 2009 and any public announcements made during
More informationDevelopment 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 informationIncentive Schemes to air transport currently in force in Cyprus
Incentive Schemes to air transport currently in force in Cyprus 1. Objectives of Incentive Schemes Air transport in Cyprus is facilitated by the Larnaca and Paphos International Airports. On May 2006 an
More informationNorwegian UK set to takeoff as airline is granted UK Air Operating License
Norwegian UK set to takeoff as airline is granted UK Air Operating License New Norwegian UK subsidiary will open the door for further UK expansion and potential new routes to Asia, South America and South
More informationSubject: Review of Aviation Security in Australia
REF:SM/17/09/03 September 17, 2003 Mr John Carter Committee Secretary Joint Committee of Public Accounts & Audit Parliament House CANBERRA ACT 2600 Dear Mr Carter Subject: Review of Aviation Security in
More informationFifty years of Australia s trade
Fifty years of Australia s trade Introduction This edition of Australia s Composition of Trade marks the publication s 50th anniversary. In recognition of this milestone, this article analyses changes
More informationTHE BRITISH CHAMBER OF COMMERCE POSITION PAPER ON THE AIR FREIGHT INDUSTRY IN HONG KONG
Executive Summary THE BRITISH CHAMBER OF COMMERCE POSITION PAPER This paper sets out the views of the British Chamber on Hong Kong s Air Freight sector - for consideration by the Hong Kong government.
More informationCase Study: Australia s Airline Industry. www.contentwritings.com
Case Study: Australia s Airline Industry 1 Executive Summary This research is an analysis of the aviation industry of Australia. The researcher has analysed the situation with respect to the renowned aviation
More informationQantas Airways Limited Fleet, Efficiency & Engineering. Gareth Evans, Chief Financial Officer Seattle, 6 October 2013
Qantas Airways Limited Fleet, Efficiency & Engineering Gareth Evans, Chief Financial Officer Seattle, 6 October 2013 Group Fleet Strategy Flexibility, Simplification, Efficiency 5 key principles Right
More informationDomestic Tourism Promotion- a discussion paper
1 Domestic Tourism Promotion- a discussion paper September 2005 2 About Our Association and Industry The Tourism Industry Association New Zealand (TIA) represents the interests of over 2,000 businesses
More informationCommercial 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 informationTIGER 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 informationInternational Market Profile: Thailand Year ending December 2015
International Market Profile: Thailand Year ending December 2015 This fact sheet provides a summary of the latest tourism data for visitors from Thailand to Victoria. Information includes: visitor numbers,
More informationQantas International Network Changes Frequently Asked Questions Trade
Qantas International Network Changes Frequently Asked Questions Trade The Qantas Group today published a new schedule including flights that will operate via Dubai rather than Singapore en route to London.
More informationApplication to the New Zealand Minister of Transport pursuant to Part IX of the Civil Aviation Act 1990
PUBLIC VERSION RESTRICTION OF PUBLICATION OF PART CLAIMED Application to the New Zealand Minister of Transport pursuant to Part IX of the Civil Aviation Act 1990 Qantas Airways Limited (ABN 16 009 661
More information$0.9bn total spend. 184,100 arrivals. 6.3m total nights. 26% dispersed nights 1. Hong Kong Market Profile. Performance overview
Market Profile Performance overview In 2013, Hong Kong was Australia s ninth largest inbound market for visitor arrivals, 10th largest market for total expenditure, and 11th visitor nights. It was the
More informationNEW ZEALAND Market Profile. $3.4-4.2bn Potential to be worth by 2020 1,241,000. $2.4bn. 15.0m. Overview
Market Profile Overview In 2014, New Zealand was Australia s largest inbound market for visitor arrivals, fourth largest market for total visitor expenditure and third for visitor nights. Findings from
More information13th January 2015 John Leahy Chief Operating Officer, Customers
John Leahy Chief Operating Officer, Customers 2014 Airbus headlines 1,456 net orders (1,503 in 2013) 6,386 aircraft backlog (5,559 end 2013) A landmark year - Airbus sales total grows to 15,271 629 aircraft
More informationSubmission NSW Inquiry into Regional Aviation Services
Submission NSW Inquiry into Regional Aviation Services Front Cover: TOP: CSU Regional Dental Building, Orange; CSU National Life Sciences Hub, Wagga Wagga BOTTOM: CSU Regional Clinical Simulation Centre,
More informationAustralia s Tourism Industry
Australia s Tourism Industry Karen Hooper and arileze van Zyl* This article examines developments in Australia s tourism industry over the past decade. It focuses on the increased tendency for Australians
More informationFigure 5.1.1 OverVIEW
CHAPTER 5 AIRLINE AND AIRCRAFT MOVEMENT GROWTH A I R P O R T S... A R E A V I TA L PA R T O F E N S U R I N G T H AT O U R N AT I O N I S A B L E T O B E C O N N E C T E D T O T H E R E S T O F T H E W
More informationICAO 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 informationCurrent Market. Predicting the future is a risky business. Meet your new
By Dawsalee Griffin Meet your new Current Market Outlook What s in store for the next 20 years of the global jetliner market? The just-released version of this annual Boeing report offers the company s
More informationEUROPEAN LOW FARES AIRLINE ASSOCIATION
York Aviation EUROPEAN LOW FARES AIRLINE ASSOCIATION MARKET SHARE OF LOW FARES AIRLINES IN EUROPE Final Report February 2011 Originated by: James Brass... Dated: 7 th February 2011... Reviewed by: Richard
More informationThe economic impact of London Luton Airport Oxford Economics
The economic impact of London Luton Airport Oxford Economics The Economic impact of Luton Luton Airport 2 Contents pg.01 Foreword pg.07 The sub-regional and local economic impact of London Luton Airport
More information2015 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 informationCharter airlines in Greece
Charter airlines in Greece P. Arvanitis, G. Williams & I. Stockman Air Transport Group Cranfield University, United Kingdom. Abstract Charter operators have been serving the Greek islands for over the
More informationDevelopments and Challenges for Aluminum A Boeing Perspective
MATERIALS FORUM VOLUME 28 - Published 2004 Edited by J.F. Nie, A.J. Morton and B.C. Muddle Institute of Materials Engineering Australasia Ltd 24 Developments and Challenges for Aluminum A Boeing Perspective
More informationUncertainty and its Impacts on Planning Forecasting Facility Requirements
ATLANTA, GEORGIA 1 2 ATLANTA, GEORGIA Uncertainty and its Impacts on Planning Forecasting Facility Requirements Richard Golaszewski Executive Vice President GRA, Incorporated richg@gra-inc.com 3 Overview
More informationYork Aviation BRISTOL AIRPORT LIMITED THE IMPACT OF DEVOLVING AIR PASSENGER DUTY TO WALES
York Aviation BRISTOL AIRPORT LIMITED THE IMPACT OF DEVOLVING AIR PASSENGER DUTY TO WALES BRISTOL AIRPORT LIMITED THE IMPACT OF DEVOLVING AIR PASSENGER DUTY TO WALES Contents Page 0 KEY POINTS... I 1
More informationTNT Australia Pty. Limited A.B.N 41 000 495 269
TNT Australia Pty. Limited A.B.N 41 000 495 269 Energy Efficiency Opportunities Public Report 2010 TNT is an international express freight transport company that transfers goods and documents to over 200
More informationCross Check. A Study of Qantas Financial Health. Almotairi Adhikari Saputro Vannadeth
Cross Check A Study of Qantas Financial Health Almotairi Adhikari Saputro Vannadeth 1 Financial Analysis of Qantas Airlines With Virgin Australia as benchmark (for the year 2011) Hamoud Almotairi Indra
More informationCANADA S GLOBAL OPEN SKIES AIR TRANSPORTATION REGIME
CANADA S GLOBAL OPEN SKIES AIR TRANSPORTATION REGIME MAXIMIZING INTERNATIONAL ACCESS AND CHOICE TO CANADA S MARKETS While Open Skies implies a simplified environment, the business of air transportation
More informationFinnair Q1 result info
Finnair Q1 result info 7 May 2014 CEO Pekka Vauramo CFO Erno Hildén 1 Updated mission and strategic targets 2 Our Mission Offer the smoothest connections in the northern hemisphere via Helsinki, and the
More informationAir 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 informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2015
26 January 2016 easyjet Trading Statement Page 1 of 6 EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2015 Continued robust commercial performance and strong management action on cost delivers
More informationHow Qantas Freight Transformed Customer Experience Using Mobile Technologies
IBM Australia Case Study How Qantas Freight Transformed Customer Experience Using Mobile Technologies Synopsis: Qantas Freight cuts terminal processing time and introduces industry leading self-service
More information$2.3-2.8bn. $1.2bn total spend. 343,600 arrivals. 6.4m total nights. 1.6m dispersed nights 1. Singapore Market Profile
Market Profile In 2012, Singapore was Australia s sixth largest inbound market for visitor arrivals, the seventh largest market for total expenditure and 11th for visitor nights. It was also 13th for total
More informationThe Logistics and Transportation Industry in India 2009
The Logistics and Transportation Industry in India 2009 Indian Logistics Industry The term logistics is often misinterpreted to mean transportation. In fact, the scope of logistics goes well beyond transportation.
More informationMaster Plan 2011-2030
Master Plan 2011-2030 1 INTRODUCTION...4 VISION...5 PURPOSE OF THE DEVELOPMENT PLAN...5 OUR COMMITMENT...5 AT A GLANCE...6 OVERVIEW...7 a) Ownership...7 b) Property...7 c) Activities 2010...8 1. Airline
More informationA new chapter of travel to Asia and Australia
Business Bespoke A new chapter of travel to Asia and Australia This is the first part of a regular update that we hope our trade partners will find a useful resource. Some details on Fare Rule conditions
More informationGLOBAL TOURISM - Geography Explained Fact Sheet
Billion (US$) GLOBAL TOURISM - Geography Explained Fact Sheet Introduction With almost all the leading tourist destination countries having reported their international tourism receipts for 2006, the WTO
More informationThird Runway is Key to Hong Kong s Competitiveness. Professor Anthony Cheung Bing-leung Secretary for Transport and Housing
Third Runway is Key to Hong Kong s Competitiveness Professor Anthony Cheung Bing-leung Secretary for Transport and Housing Over the past decade, passenger number and cargo tonnage at the Hong Kong International
More informationThailand s Logistics
Thailand s Logistics Over the past fourteen years, overall international trade with Thailand has grown 340% and manufacturing trade 370%; this growth, aided in part by the nation s bilateral trade agreements
More informationAustralia s inbound tourism statistics
What is inbound tourism? Scope of inbound tourism: Short-term visitor arrivals are defined as overseas visitors who intend to stay in Australia for less than 12 months Statistics relate to the number of
More informationEASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2014
27 January 2015 easyjet Trading Statement Page 1 of 7 A. HIGHLIGHTS: EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2014 Drive demand, conversion and yields across Europe Seats flown grew
More informationKey Facts. Passenger growth at the airport is projected to grow to approximately 3 million passengers per annum by 2030.
Bournemouth Airport & Business Park 7 7 Bournemouth Airport & Business Park Introduction 7.1 Bournemouth Airport is a key asset for the region, one of the UK s fastest growing regional airports and is
More informationEconomic Benefits from Air Transport in Germany
Economic Benefits from Air Transport in Germany Acknowledgements Oxford Economics gratefully acknowledges the help that we received from the International Air Transport Association (IATA) in preparation
More informationTHE QATAR AIRWAYS STORY
December 2011 THE QATAR AIRWAYS STORY Charting The Rise Of One Of The Fastest Growing Airlines In The World Airline Of The Year 2011 (Named By Skytrax Airline Global Industry Audit) Introduction Qatar
More informationHeathrow and Dubai the World s Hub Airports
Heathrow and Dubai the World s Hub Airports Dubai International has grown rapidly in recent years and is now poised to overtake Heathrow as the world s busiest international airport. In this report, ACL
More informationAPPLICATION FOR CAPACITY FOR AUSTRALIA-INDONESIA SERVICES SUPPLEMENTARY SUBMISSION
APPLICATION FOR CAPACITY FOR AUSTRALIA-INDONESIA SERVICES SUPPLEMENTARY SUBMISSION Australia-Indonesia passenger market The Australia-Indonesia market has suffered a series of shocks in recent years, including
More informationPricing Framework July 2012
Pricing Framework July 2012 Contact us: Service and Pricing Team Airways New Zealand PO Box 294 Wellington New Zealand servicefeedback@airways.co.nz www.airways.co.nz Contents 1 Introduction 4 1.1 The
More informationFactors affecting the inbound tourism sector. - the impact and implications of the Australian dollar
Factors affecting the inbound tourism sector - the impact and implications of the Australian dollar 1 Factors affecting the inbound tourism sector - the impact and implications of the Australian dollar
More informationThe Value of Golf Tourism
The Value of Golf Tourism to Australia September 2014 The Value of Golf Tourism to Australia contents 1. REPORT HIGHLIGHTS...1 2. INTRODUCTION...2 Source Data... 3 Tourism Research Australia... 3 2014
More informationThe Economic Impact of Commercial Airports in 2010
The Economic Impact of Commercial Airports in 2010 January 2012 Prepared for: Airports Council International North America Prepared by: CDM Smith 8805 Governor s Hill Drive Cincinnati, Ohio 45249 Table
More informationAirport charges for Warsaw/Modlin Airport date of entry into force 17 December 2013
Airport charges for Warsaw/Modlin Airport date of entry into force 17 December 2013 1. Definitions: 1.1. Maximum Take-off Mass (MTOM) the maximum permissible take-off weight of the aircraft specified in
More informationAudit Results by Transport Sector
Regulatory Audit Results by Transport Sector As part of the Government s Red Tape Reduction Programme the Infrastructure and Regional Development portfolio (the portfolio) has undertaken an Audit of its
More informationTOURISM FORECASTING REFERENCE PANEL
TOURISM FORECASTING REFERENCE PANEL As part of the forecasting process, Tourism Research Australia (TRA) established the Tourism Forecasting Reference Panel (the Panel) comprising experts from industry
More information$2.7-3.3bn. $1.6bn total spend. 353,900 arrivals. 9.8m total nights. 3.2m dispersed nights 1. Japan Market Profile
Market Profile In 2012, Japan was Australia s fifth largest inbound market for visitor arrivals and total expenditure, and sixth for visitor nights. It was also the seventh largest market for total dispersed
More informationAviation Demand Forecasting
Airports Commission Discussion Paper 01 Aviation Demand Forecasting The Mayor of London s response March 2013 1. Purpose of paper 1.1. In February 2013, the Airports Commission issued a Discussion Paper
More informationCatania 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 informationOverview and Effects of Open Skies Policy
Overview and Effects of Open Skies Policy Makoto Washizu Chairman, Japan International Transport Institute 鷲 頭 誠 国 際 問 題 研 究 所 所 長 Topics of Today s Seminar Impacts of international air transport on tourism
More informationMalmi - 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 informationCRUISING TO PROSPERITY SUBMISSION TO THE COASTAL TRADING ACT
CRUISING TO PROSPERITY SUBMISSION TO THE Australia REVIEW JUNE 2014 OF THE COASTAL TRADING ACT Submission to the review of coastal shipping regulation in Membership of the Tourism & Transport Forum The
More informationDecember 2010 2008 Interim Results 6 August 2008
Cathay Pacific Airways 2010 Analyst & Investor Briefing Cathay Pacific Airways December 2010 2008 Interim Results 6 August 2008 1 Airline Strategy Grow our international network, expand frequencies and
More informationTRAVEL BY AUSTRALIANS
TRAVEL BY AUSTRALIANS Quarterly results of the National Visitor Survey JUNE 2013 TRAVEL BY AUSTRALIANS Travel by Australians June 2013 Quarterly Results of the National Visitor Survey Image: Sailing,
More informationTourism Western Australia. Fast Facts Year Ending September 2014
Tourism Western Australia Fast Facts Year Ending September 2014 Prepared by the Research Team December 2014 PLEASE NOTE Changes to National Visitor Survey Methodology Tourism Research Australia s (TRA)
More informationAir 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 informationB312 Hospitality and Tourism Management. Module Synopsis
B312 Hospitality and Tourism Management Module Synopsis According to United Nation World Tourism Organization (UNWTO) report, Tourism Highlights (2008), tourism has been experiencing positive growth over
More informationAEROSPACE 2050 The Future of Aviation & Space
AEROSPACE 2050 The Future of Aviation & Space 18th Hamburg Prof Graham Roe Fellow of the RAeS The Aerospace Global Aerospace 2050 Industry CONTENTS Introduction Military Commercial Space Questions Aerospace
More informationMajor 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 informationGuide to developing an Export Strategy
Guide to developing an Export Strategy 1 This is one of three practical guides to the more important and technical aspects of the export process. Use the following as a guide to developing your Export
More informationServcorp Limited Analyst Presentation
Servcorp Limited Analyst Presentation 27 August 2014 Presented by: Alf Moufarrige, CEO 1 Marcus Moufarrige, COO Operational Highlights Revenue of $242,247,000, up 17% NPBT of $34,257,000, up 24% NPAT of
More informationChallenge Melbourne ISSUES IN METROPOLITAN PLANNING FOR THE 21ST CENTURY
Challenge Melbourne ISSUES IN METROPOLITAN PLANNING FOR THE 21ST CENTURY MINISTERS FOREWORD The planning of Melbourne s future presents many challenges and opportunities. We could let matters take their
More informationGATWICK AIRPORT* RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2015
GATWICK AIRPORT* RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2015 * Consolidated results for Ivy Holdco Limited, the parent of Gatwick Airport Limited, representing the performance of the Gatwick Airport
More informationJargon 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 informationDiscussion Paper 01: Aviation Demand Forecasting
Discussion Paper 01: Aviation Demand Forecasting February 2013 An independent commission appointed by Government Airports Commission 6th Floor Sanctuary Buildings 20 Great Smith Street London SW1P 3BT
More informationCurrent and Forecast Demand
Existing Facilities A new terminal opened in September 2005 at the Southwest Florida International Airport (RSW), replacing the 17-gate original terminal that opened in 1983. The $438 million Midfield
More informationAIRPORT DEVELOPMENT for ASEAN OPEN SKY
AIRPORT DEVELOPMENT for ASEAN OPEN SKY PT Angkasa Pura II (Persero) DJOKO MURJATMODJO DIRECTOR OF OPERATION AND ENGINEERING OF PT Angkasa Pura II 31 MARCH 2015 Introduction Establishment Bangkok Declaration
More informationHEAVY LOAD FREIGHT SERVICES & 247 CARGO SERVICES
HEAVY LOAD FREIGHT SERVICES & 247 CARGO SERVICES Oversize & Critical Cargo Specialists Air- Land-Multimodal Sea Movement-Transhipment- Critical & Urgent Shipments- Cranes, Lifting Equipments & Self Propelled
More informationAUSTRALIA S EXPORTS OF EDUCATION SERVICES 1
AUSTRALIA S EXPORTS OF EDUCATION SERVICES 1 Introduction Australia s education services exports have continued to grow in importance this decade. Since 1982, education services exports have grown at an
More informationRaymond James Global Airline and Transportation Conference
Raymond James Global Airline and Transportation Conference United Continental Holdings, Inc. November 6, 2014 Jim Compton Vice Chairman and Chief Revenue Officer Safe Harbor Statement Certain statements
More informationOPENING 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 informationThe Westpac Group third quarter 2011 sound core earnings growth
Media Release 16 August 2011 The Westpac Group third quarter 2011 sound core earnings growth Third quarter 2011 highlights (compared to results for the average of 1Q and 2Q 2011) 1 Cash earnings of approximately
More informationAir Traffic Management Services Plan 2012-2017
Air Traffic Management Services Plan 2012-2017 Airservices Australia 2012 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process
More informationQantas cross-sell Case study
1 Amadeus Qantas cross-sell case study Qantas cross-sell Case study Qantas cross-sells its way to new revenues and happy customers. A success story on the benefits of leveraging third party ancillary services
More information