Aviation industry to stay in red in 2010

first_imgSource = e-Travel Blackboard: J.L Airlines are expected to lose US$5.6 billion this year despite improved demand for international air traffic in January, the International Air Transport Association (IATA) said today.In January 2010, international passenger traffic hiked 8.6 percent compared to the low point of the cycle in February 2009.However, IATA said demand needs to improve by a further 2 percent to return to the peak levels of early 2008.Similarly, international freight traffic has improved 28 percent, but must improve 3-4 percent to return to peak levels.Passenger demand for January was up 6.4 percent while load factor improved 1.2 percentage points to 75.9 percent compared to 72.2 percent in the same period a year ago.The strongest upturns were seen Asia, Latin America and the Middle East.“We can start to see the future with some cautious optimism, but better volumes do not necessarily mean better profits” said IATA Director General and chief executive Giovanni Bisignani.“Passenger yields are still 15% below peak. And we expect 2010 losses to be US$5.6 billion,”Bisignani called again for governments across the globe to open their skies.“Unfortunately, the constraints of the archaic bilateral system limit airlines from being able to respond as normal businesses to market opportunities” he said.“Political borders limit opportunities for consolidation. And we still require governments to negotiate open markets”“With each open skies bilateral, we take a step in the right direction. Recovering from the years of lost growth as a result of this crisis is a long and hard journey. Governments should not make it any more difficult by maintaining policies that restrict airlines ability to do business” <a href=”http://www.etbtravelnews.global/click/291e9/” target=”_blank”><img src=”http://adsvr.travelads.biz/www/delivery/avw.php?zoneid=10&amp;cb=INSERT_RANDOM_NUMBER_HERE&amp;n=a5c63036″ border=”0″ alt=””></a>last_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impact And of course, the opinionated Dockett already alluded to his decision on his Twitter. Derrick Hall satisfied with D-backs’ buying and selling Arizona Cardinals defensive end Darnell Dockett (90) motivates the fans during the first half of an NFL football game against the Indianapolis Colts, Sunday, Nov. 24, 2013, in Glendale, Ariz. (AP Photo/Rick Scuteri) Comments   Share   Nearly 17 months after the Arizona Cardinals released Darnell Dockett, the defensive end is expected to announce his retirement.ESPN’s Josh Weinfuss reported Sunday that one of the team’s best defensive linemen in its history will officially hang up his football cleats Monday. The Cardinals will hold a press conference with Arizona head coach Bruce Arians, president Michael Bidwill and Dockett at 2:30 p.m. on Monday. Dockett, 35, was released by the Cardinals in February 2015 after tearing his ACL during 2014 training camp. He signed with the San Francisco 49ers heading into 2015 but was cut before the regular season.The three-time Pro Bowler tallied 40.5 sacks with the Cardinals, who drafted the defensive tackle in the third round (64th overall) in 2004. Dockett closes his career with 459 career tackles, seven forced fumbles, 14 fumble recoveries and four interceptions.Dockett tied a Super Bowl record with three sacks against the Pittsburgh Steelers in Super Bowl XLIII and earned second team All-Pro status in 2009.Dockett was not only productive but dependable. In each year from his 2004 rookie season to 2013, he played in 16 regular season games all but two years. And in those seasons, the tackle played 15 games. Top Stories Former Cardinals kicker Phil Dawson retires I’m bout to get back voicing my opinions on Twitter now I’m gonna retire so I can really say what I want! #nofilter— DARNELL DOCKETT (@ddockett) July 22, 2016last_img read more