AIRLINES ARE BACK ON THEIR FEET
IATA statistics show the industry is back in the black and revenues are continuing to climb from passenger and cargo operations. In America the regulatory authorities have given the thumbs up for the merger between United and Continental Airlines. As the consolidation of the industry continues throughout the world (including China) we will soon be [...]
WHAT ARE AMERICA’S LARGEST EXPORTS BY VOLUME?
Our largest exports by volume are waste paper and scrap metal. Even hay and cotton rates a mention! Doesn’t this say something about our malaise? If we are going green as President Obama tells us this is the future, recycling is very much part of that cause. Why can’t we re-process the scrap metal and [...]
COMPETITION FOR QANTAS
Had former CEO Geoff Dickson, his worthless board of directors and kiss-ass management team got their way and sold the company to a bunch of private equity thugs who were 100% financing the deal, Qantas would today be out of business. Why? Because if it weren’t for their strong balance sheet, there would be no [...]
FURTHER CONSOLIDATION OF THE INTERNATIONAL AIRLINE INDUSTRY
It has already taken place in America, with now just four legacy airlines still in business, Delta, American, United and Continental. Because every country in the world including tiny Nauru Island in the Pacific (population 13,500) feels it must have its own airline, nationalism has been the major factor, irrespective of the losses/potential losses, that [...]
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