Duncan Bureau, Senior VP (Global Sales and Distribution), Malaysian airlines says, “ The three new flights will be operated during the day time, which has been done keeping in mind the need ofcorporate travelers so that they can reach their destination ...
JAKARTA, Indonesia—Asia's largest budget airline, AirAsia Bhd, plans to buy a sizable stake in one of its Indonesian rivals, Batavia Air, in a move aimed at accelerating the Malaysian carrier's rapid rollout in Southeast Asia's largest economy ...
GE Aviation is deploying the world's first network of ICAO Required Navigation Performance Authorization Required (RNP AR) flight paths designed by a third-party in Malaysia. The program includes GE-designed ICAO 9905 compliant RNP AR approach ...
"We are delighted that Routes Asia will be in Sarawak in 2014," said David Stroud, Executive Vice President, UBM Aviation Routes, continuing, "Our regional events began in Malaysia almost 10 years ago, and once again the passion and commitment of the ...
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Er Reema Chordiya [ BE, MBA, Member of the Advisory Board at Minu-Sepehr AeroSpace University,USA ] Manager HR www.AeroSoftCorp.com www.AeroSoft.in www.AeroSoft.co.in www.AeroSoftseo.com On Line Assistence : Gtalk : Reemac.AeroSoft@gmail.com Y! Messenger : Reema.AeroSoft@yahoo.com Rediff Bol : Reema.AeroSoft@rediffmail.com MSN : Reema.AeroSoft@hotmail.com
HOW THE RECESSION HAS AFFECTED THE AIRLINE INDUSTRY
To understand why it hurts so much airlines, you must first major victims of recession and why it takes longer to recover.
The current recession began to bite in 2007 and was officially declared in 2008 in most countries around the world. Past recessions have never been in such a world, and affected not only individuals and businesses, but countries with the likes of Greece and most recently Ireland receives massive hand outs, just to make their payments and to maintain normal services.
First problems started in the banking and financial sector, where the business model point to the real estate prices still driven by higher lending rates depends criteria easier. After the customer does not meet its liquidity position in the dry and banks began to fail, because they were not in a position to make loans with the first major victim of Lehman Brothers, is one of the oldest and most respected international banking institutions in the world.
This failure has shaken the banking and insurance, and stop a global collapse and a run on banks, had to intervene to support the governments are pumping billions into the system and in some cases, the purchase of shares in the banks into trouble.
Banks and insurance companies supports many other important areas such as accounting firms, marketing companies, law firms and companies in the industry, comprehensive staffing structures and they are a good deal of air activity but the lack of liquidity and balance sheets battered credit banks not affected the economy of all -financial companies see their costs and an easy target flew.
For greater activity in the international airline business is the cornerstone for its business and disappeared almost overnight and airlines worldwide lost 9000000000 $ in 2009th Outside the company obviously on holiday as an important customer, but also unemployment, the threat of unemployment, reduced loss of overtime and in some cases, the work week consists of expenditure investors.
Airlines first reaction was to reduce the cost of staffing a major goal, do not take options on new aircraft and the abandonment of unprofitable routes. BA in Great Britain was in the strike by flight attendants from more than two years in the airlines involved to change the terms. This is still ongoing and planned no end in sight and more strikes.
He has also lead share for airlines like BA and Iberia merger with alliances in order to be beaten or reduce driving. The most important alliance, the American and British authorities between BA and American Airlines agreed and ratified by the European Union. These companies had pushed for this for many years against fierce opposition from other airlines and under normal circumstances it would have been harder to win recognition.
The victim was the other major governments themselves, their own record company has created massive deficits while they printed money to keep the economy on an even keel. Normally in a recession, government spending on capital projects would increase to boost the economy but, like banks, they now need to reduce and to demonstrate the international community to their home in order.
There are two drawbacks to this for the travel industry, first cutting back on public warehouse is in more layoffs and less spending on capital projects in the private sector to be distributed by spending less on luxuries like vacations.
Government cost-cutting in Spain and Greece has already led to air traffic controllers and airport air strike ends, because they know they are vital to their countries’ dependence on the tourism industry. However, it is the airlines, which in turn are affected by a conflict from the recession that began four years ago.
In the last quarter of 2010, air travel evidence has shown a recovery, but the recent unrest in Africa and the Middle East and the massive rise in oil prices could easily from many countries switch to the recession because increased energy affects everyone and no more than one airline.
Airline industry recession
HONG KONG/BRUSSELS — Airlines and their suppliers are reporting tentative signs a severe industry recession is bottoming out, sending shares higher on Tuesday.
Airbus, the world's largest producer of passenger jets, said airline traffic had possibly seen "the trough of the recession" and could start to rebound from next year.
"In 2009 we believe total traffic is down 2%. In 2010 we may experience a 4.6% growth rate," Laurent Rouaud, senior vice president of market and product strategy, said at the Asian Aerospace exhibition in Hong Kong.
In Europe, Air France-KLM said passenger traffic fell 2.9% in August but its planes were on average 84.8% full, a rise of 1.1 percentage points from the same holiday peak month a year ago.
Its shares rose 6.6%, helping push the DJ Stoxx pan-European Travel and Leisure index up 2.4%, with traders also citing catch-up by an underperforming sector.
Shares in Aer Lingus, British Airways, Ryanair and Lufthansa rose between 2 and 4%.
The Air France figures came as industry data for July showed airline passenger and freight traffic dropped much less sharply year-on-year than in the first half of 2009.
ACI Europe said after a survey of 106 airports passenger traffic at European airports fell 4.3% compared with July 2008, versus an average 9.6% drop during the preceding six months of this year.
Freight traffic — a widely watched indicator of economic health — fell 13.4% compared with July 2008, an improvement on the average 22.4% decrease during the preceding six months.
"That would fit with our picture," said economist Cristoph Weil at Commerzbank. "We believe we will see a strong recovery in Q3 and Q4 in the euro area."
Air France-KLM said its cargo business had in August confirmed signs of stabilisation seen in recent months.
Ireland's Aer Lingus said on Monday passenger numbers had risen 7.7% year-on-year in August.
Growth predicted
Economists say the global economy looks to be pulling out of recession, with the OECD predicting a renewal of growth for the United States and euro zone in the third quarter.
But, like the airline industry, the broader economy remains on life support and G20 finance ministers agreed on Sept. 5 to keep stimulus measures in place..
ACI Europe's numbers were helped slightly by weak comparative figures in July 2008, when the economic downturn first started to bite and passenger data entered negative territory for the first time in six years.
But weak comparatives account for only about a fifth of the improvement in freight volumes, ACI archive figures show.
Airbus and rival Boeing Co are headed for their worst annual order tally in at least 15 years as struggling airlines cancel or defer almost as many planes as they buy.
The world's airlines are expected to post total 2009 losses of $9 billion including at least $6 billion in the first half, says the International Air Transport Association..
A Boeing executive said any recovery in the economy would not translate into recovery in demand for aircraft until 2012.
"Next year will be a year of economic recovery, 2011 will be a year of airline industry recovery and then in 2012, airlines will probably increase their demand for new airplanes," Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, told Reuters in a Hong Kong interview.
Air France-KLM last week announced 1,500 voluntary redundancies, adding to thousands of airline job cuts worldwide.
Even once airlines fly out of recession, they will be haunted by big questions on costs, especially fuel, Rouaud said.
At $67.90 a barrel, benchmark North Sea Brent crude futures prices have risen 38% since the end of March.
How a recession will improve air travel
As I sat on a plane last year, covering my ears to block out the cacophony of a half-dozen deal jockeys barking into their cell phones and even more screaming children—as well as pounding my seat tray in rage as the captain informed us that our plane, parked on a LaGuardia runway, was 22nd for takeoff—a fellow passenger began singing the praises of a passengers' bill of rights. That sure sounded nice, I responded. But the only thing that will really improve the experience of flying in America is a recession. Let me explain.
Despite all the obstacles—foolish security measures, rising delays, fuel surcharges and airlines that made passengers pay for everything but oxygen—air travel grew steadily during the just-concluded economic expansion. As years of sustained prosperity caused the system to burst at its seams, policy wonks tried to craft incentives that would encourage airlines to stop cramming so many flights into the overtaxed aviation infrastructure. In recent months, the insanely high price of jet fuel ($3.22 per gallon last week), the credit crunch and the slowing economy have done what regulators and politicians were unable to do: persuade airlines to give up valued landing slots.
When the economy goes south, as it is doing now, the green-eyeshade types reassert themselves. In corporate America, business trips are among the first budget items to get slashed. (I'm guessing the number of people flying to subprime-mortgage-broker conventions is waaay down this year.) Among consumers, travel (especially to visit in-laws) frequently leads the list of discretionary items sacrificed on the altar of frugality. Hundreds of Bear Stearns bankers surely downgraded spring-break plans from a beach week at Atlantis to a weekend at Grandma's.
In the fall of 2001, the last time the economy slumped—a state of affairs aggravated by the events of 9/11—the number of monthly aircraft departures plummeted about 15 percent from the prior year's totals. That's not likely to happen this time around. The most recent data are from January, when the slowdown was just beginning. (Is it really a surprise that government reports on flight delays are delayed?) That month, the Bureau of Transportation Statistics reported, U.S. carriers operated 1.5 percent fewer flights than they had in January 2007.
January marked the third straight month of year-over-year declines in commercial flights. The trend has since accelerated as many airlines have involuntarily reduced capacity. In the past month, Aloha Airlines and ATA both filed for bankruptcy and ceased operations. When it went bust last week, discount airline Skybus knocked 74 more daily flights out of the system.
The failure of these marginal airlines removed only a marginal amount of flights. But larger, still-solvent airlines are following suit. US Airways has KO'd 30 percent of the overnight flights that had turned Las Vegas into a hot after-hours hub. Delta and Northwest have said they plan to cut capacity by 10 and 5 percent, respectively, later this year. And should the two airlines resume merger talks, the parking lots for jets in the Arizona desert could be expanding.
Since a Gulfstream V carrying a half-dozen fat cats essentially takes up the same amount of runway and airspace as a jet carrying 160 middle managers, the rapid growth in the private-jet market has helped contribute to the misery of the middle-class flier. While data on the use of corporate jets are hard to come by, the FAA reports that "general aviation" flights (the category into which corporate jets fall) at airports with control towers fell 1.8 percent from January 2007 to January 2008.
That trend has likely intensified as well. After all, many such planes are booked by dealmaking executives visiting clients, and kicking the tires on companies they want to buy. But mergers-and-acquisitions activity is way off, with the value of deals in the first quarter of 2008 down 50 percent from the first quarter of 2007, according to Thomson Financial. Far fewer hedge-fund managers are booking charters from New Jersey's Teterboro Airport to Cabo San Lucas to celebrate the conclusion of a deal.
With fewer planes in the air, and fewer passengers pushing their shoes through security machines, the flying experience should theoretically be improving. And in my half-dozen trips this year, I've noticed some improvement: smaller lines, four planes on the runway at LaGuardia instead of the customary 22. Two flights actually arrived early, sending several fellow passengers into a mild state of shock. In February, the on-time arrival rate of U.S. carriers rose modestly, to 68.6 percent from 67.3 percent in February 2007.
Of course, every trend can be taken to extremes. And it's possible that some companies may have become overzealous in their drive to free up gate slots. Last week, American Airlines canceled more than 2,300 flights, including nearly half of those scheduled for Wednesday, so it could inspect wiring on MD-80 planes. This voluntary effort surely did wonders for reducing aerial logjams, and made it possible for thousands of fliers to reach their destinations on time. Alas, it did little for the hundreds of thousands of American Airlines passengers inconvenienced. The airlines may succeed in reducing capacity, but they're going to have a more difficult time reducing air rage.
Employees in the US are saying that knowing their career path is critical to attaining overall job satisfaction, according to a new survey.
The survey revealed that more than half of respondents (54%) said that knowing their career path is very important and 31% said that it is somewhat important for job satisfaction.
"Employees want to know how to get to that next rung on the career ladder," said Max Messmer, chairman of Accountemps and author of Human Resources Kit For Dummies®. “Managers should ensure their staff see their potential to advance."
But workers need to make their interests known, too. "Employees should ask their managers what steps it will take to reach the next level at the organization," he added.
Accountemps also highlighted five essential questions that employees can ask of their managers to find out about their career path within the organisation.
The survey was developed by Accountemps, specialised staffing service for temporary accounting, finance and bookkeeping professionals.
Most creative job evaluations by HR
For HR professionals who are bored with the usual employee performance evaluations, these are some great lines from Halife Office Humour that would bring some life to your standard reports.
1. I would not allow this employee to breed.
2. Works well when under constant supervision and cornered like a rat in a trap.
3. When she opens her mouth, it seems it is only to change whatever foot was previously there.
4. He would be out of his depth in a parking lot puddle.
5. He set low personal standards and then consistently fails to achieve them.
6. This employee should go far, and the sooner he starts, the better.
7. A room temperature IQ.
8. His men would follow him anywhere, but only out of morbid curiosity.
9. If you give him a penny for his thoughts, you will get change.
10. Since my last report, this employee has reached rock bottom and has started to dig.
Recruitment goes social in China
The rapid growth of Chinese social networking sites, in addition to inadequate recruitment platforms has led to more companies turning to social media as a hiring strategy.
"Traditional recruitment processes, as they are understood in the West, only really started to be used in China after 1978, with the gradual liberalising of China's economy," said Mike Tims, the president of Asia, Middle East and Africa for global HR consultancy SHL Group, in a report by the Wall Street Journal. "This has made it easier for China to 'leapfrog' these traditional approaches and embrace new recruitment methods more easily."
The impetus for China to try new recruiting methods comes from the challenges companies face there. Recruiting experts say online job boards in China often attract many unqualified candidates for well-known companies and none for smaller firms. There are also too many headhunters with varying degrees of credibility, making the market chaotic.
"In China we are jealous of our HR co-workers in the US where online recruiting platforms are more mature and can attract qualified candidates,” Willa Wang, talent acquisition director at Lenovo China, was quoted as saying.
Making the environment tougher, both MNCs and local companies with global ambitions tend to fight for the same small pool of talent.
"There is intense competition for what turns out to be a narrow segment that has the skills we are looking for," said Jim Pilarski, the head of HR for Asia Pacific, Middle East and Africa for hotel chain operator Marriot International.
One company that is utilising social media in China is Marriott, which launched a promotional campaign in China using Sina's Weibo, a Twitter-like web messaging service. More than 30 of its Chinese hotels made videos about them, and shortlisted videos were featured on the company's Weibo page. By July, the company had received about 1,000 more applications for Chinese jobs than it does in a normal month, said Bill Lu, Marriott's director of talent acquisition.
Baba Ramdev ends fast with juice, attack on Congress and PM
New Delhi: Yoga icon Baba Ramdev left Delhi very much on his own terms this afternoon after keeping the police waiting overnight, winning the endorsement of all political parties except the Congress, and serving notice to the Prime Minister and his party about his plans to ensure they lose the next election.
"The Congress is paying for its sins," he said to a crowd of about 2000 supporters, who had followed his lead and refused to vacate the Ambedkar Stadium, where the Baba was brought after he was arrested on Monday afternoon. "Congress hatao, desh bachao (vote out the Congress to save the country )," he said, before drinking a glass of juice to end his six-day-long fast against corruption and black money.
"Mr Prime Minister, tomorrow is Independence Day. If you don't speak about black money and corruption (in address to the nation), then you are as guilty as those who are corrupt," Baba Ramdev said in a speech at the stadium before he ended his fast. "We could have stopped the PM from unfurling the national flag tomorrow," he warned.
The police had been reasoning with Baba Ramdev and his supporters to vacate the Ambedkar Stadium since 7 last evening, when they were told they were no longer in detention and were free to go. When the crowd refused, the police decided to let the protestors spend the night. This morning, Baba Ramdev led his audience through a yoga class, and then a lengthy speech before he was escorted by the police to the airport where he boarded a SpiceJet flight to Dehradun, near his ashram. (Read 10 big developments)
By arresting him on Monday afternoon while he was riding a jeep en route to Parliament, the Delhi Police gifted to the yoga guru the drama and momentum that had been missing since he began his sit-in camp last week at Delhi's Ramlila Maidan. He managed a 15,000-strong crowd on Day One, but then the numbers waned. The charismatic teacher, whose televised yoga classes have made him a national celebrity, is not used to a tepid response. There were national flags and patriotic songs at his camp, but the effort seemed a bit forced, drawing comparisons to the failed attempt by activist Anna Hazare and his aides last month to re-invoke middle-class rigour and interest in their campaign against corruption. Team Anna ended its indefinite fast by announcing it would form a political party. When Baba Ramdev began his camp, he said he would not target a political party or personality. That promise dissipated on Sunday, when he began asking his audience to ensure the Congress is defeated in the next round of elections. Since then, his attacks on the Congress have become increasingly aggressive.
That was the cue that opposition parties had been waiting for. One by one, they pledged their support to Baba Ramdev, praising him for focusing on the need to repatriate black money or undeclared income that has been deposited abroad by Indians to evade taxes. BJP president Nitin Gadkari visited Baba Ramdev's camp on Monday before the yoga teacher was arrested, and pledged his support. So did the BJP's allies, like Bihar Chief Minister Nitish Kumar. At Parliament, Mr Gadkari's party kept the focus on black money by asking the government to explain its alleged inaction. Mulayam Singh Yadav and Mayawati - whose parties often bail out the Congress-led ruling coalition in crucial votes in Parliament - said they agree with Baba Ramdev's cause. The Congress stands isolated.
Baba Ramdev has also proved to Team Anna that he remains a crowd-puller. Some of Anna's closest aides, like Arvind Kejriwal, were reportedly upset when their leader offered to share his stage with the yoga icon last month. Today, Mr Kejriwal tweeted, "We support Swami Ramdev's agitation and issues raised by him. Urge people to support his cause. But we caution him against political parties who are expressing their support. They are neck deep in corruption and their support is mere opportunism (sic)"
KITCHENER, ONTARIO – July 26, 2012 – One year ago, MHM Publishing promised to change the way you thought about Canadian aviation. Our goals were simple: to unite all sectors of the national aviation industry within our pages, to showcase collective ...
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Er Reema Chordiya [ BE, MBA, Member of the Advisory Board at Minu-Sepehr AeroSpace University,USA ] Manager HR www.AeroSoftCorp.com www.AeroSoft.in www.AeroSoft.co.in www.AeroSoftseo.com On Line Assistence : Gtalk : Reemac.AeroSoft@gmail.com Y! Messenger : Reema.AeroSoft@yahoo.com Rediff Bol : Reema.AeroSoft@rediffmail.com MSN : Reema.AeroSoft@hotmail.com
