| India Ready to Launch Cloud Computing Initiative Invest in India The Minister of Communications and IT, Shri Kapil Sibal says India with its vibrant IT industry and adoption of IT in Government, is uniquely positioned to immensely benefit from cloud computing. Shri Sibal was delivering the keynote address at the day ... See all stories on this topic » |
| Rackspace launches OpenStack private cloud GigaOM The availability of both private and public cloud infrastructure will enable customers who want to run some workloads on an internal or private cloud and others on an external cloud to do so using the same basic infrastructure. There is big interest ... See all stories on this topic » |
| Cloud Computing Standards and Interoperability Being Established ITWorld Canada (blog) The advent of cloud computing exploding to most any type of application being available, has caused severe confusion for end-users.It only makes sense for industry standards and interoperability to be established and provide some guidance for customers. See all stories on this topic » |
| UNR: Cloud computing delivers numerous advantages Reno Gazette Journal One way to understand cloud computing is that it makes large-scale computing resources available to users by providing access to services and resources through a network rather than from an individual device. There are numerous reasons why the use of ... See all stories on this topic » |
| 'Web research and cloud computing' Daily Pioneer Under this partnership, IIT-Madras researchers will have access to web-scale data and conduct research in the area of distributed computing, cloud computing, machine learning and big data. The grid computing infrastructure consists of 30 high end ... See all stories on this topic » |
| Research and Markets: Cloud Computing Market In Poland 2012 Virtual-Strategy Magazine Cloud computing market in Poland 2012, Development forecast for 2012-2016 is a unique document that provides news, analysis and growth projections for this dynamic segment of Polish IT. The report examines the market in detail, from the technological ... See all stories on this topic » |
| Ilesfay Awarded Major Cloud Computing Patent Virtual-Strategy Magazine Before the advent of cloud computing, the computing resources necessary to support this type of comprehensive analysis were significant and not practical to deploy. Now, by combining MatchMaking® with Ilesfay's PointToCloud® architecture, organizations ... See all stories on this topic » |
| HP Delivers Innovations to Power Cloud Computing The FINANCIAL In legacy infrastructures, moving a VM workload such as a Microsoft Exchange application between data centers requires hundreds of complex, manual device-level configuration steps. As Hewlett-Packard Development Company reported, data mobility is ... See all stories on this topic » |
| Wave Launches Cloud-Based Management for Self-Encrypting Drives Equities.com For more information on Wave Cloud, or to request a trial subscription, visit Wave athttp://www.wave.com/products/ See all stories on this topic » |
www.AlfaBloggers.com Co-Branded Blogging and Social Media Content Creator Team
Thursday, 16 August 2012
Cloud Computing Standards and Interoperability Being Established
Hyderabad to turn into major hub for global airlines
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| Cargo aircraft: Airlines to delay delivery Financial Express Hongkonk: Hong Kong Airlines Ltd, a unit of China's HNA Group, said on Wednesday it plans to delay delivery of six Boeing cargo aircraft to after 2015 from 2013-14. The company has had a tough few weeks, with Hong Kong's aviation regulator halting the ... See all stories on this topic » | ||
| Delta Air Lines to buy convention center naming rights Milwaukee Journal Sentinel Delta Air Lines Inc., which is increasing its operations at Mitchell International Airport, has reached an agreement to purchase the convention center's naming rights, according to two sources familiar with the pending transaction. "I know it's in the ... See all stories on this topic » | ||
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| WSJ: Ethiopian Airlines Eyes Boeing and Airbus Single-Aisle Jets Wall Street Journal The head of Ethiopian Airlines said Tuesday that the carrier is evaluating the revamped single-aisle jets from Boeing Co. (BA) and Airbus to bolster long-term expansion on continental African routes. Ethiopian has an all-Boeing jet fleet, though it has ... See all stories on this topic » | ||
| Hyderabad to turn into major hub for global airlines Times of India Apart from low-cost airlines Tiger Airways, and Thai Smile (a branch of major operator Thai Airways), likely to land in the city next month, also waiting in transit is Africa's most popular operator, Kenya Airways, and Indonesia's official carrier ... See all stories on this topic » | ||
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| US Airlines' Workforce Up 1.7% In June From Year Ago - BTS Wall Street Journal U.S. airlines' overall workforce grew 1.7% in June over the year earlier but declined from May, according to preliminary data from the U.S. Department of Transportation. Solid air-travel demand, particularly from corporate customers, moved many ... See all stories on this topic » | ||
| Starting Oct. 3, Hawaiian Airlines to fly nonstop daily to Maui from Oakland ... Washington Post HONOLULU — Hawaiian Airlines is doubling its nonstop flights between Maui and California's Bay Area. The airline says that starting Oct. 3, there will be 14 flights per week to Maui from Oakland and San Jose. Hawaiian usually offers four flights per ... See all stories on this topic » |
HP delivers network and storage virtualisation tools to drive cloud computing
| DEIPI Group Launches Dubalu's Enterprise Social Network Platform IT News Online 15, 2012 /PRNewswire/ -- DEIPI Group today announced the launch of its new enterprise socialnetwork platform called Dubalu Business. Private and public social networks, e-commerce and online marketing tools are the primary components of Dubalu's ... See all stories on this topic » | ||
| Tech Tools to Ease the Strain of the Nomadic Life TechNewsWorld Just as you'd try to choose a hotel on the right side of the tracks whenever possible to avoid a mugging during a post-prandial evening stroll, say, it's now worth spending some effort protecting your Internet browsing and email traffic from a hacker ... See all stories on this topic » | ||
| Colasoft Capsa PC Magazine Network administration involves troubleshooting that isn't readily apparent to the eye: data packets, wireless signal strength, bottlenecks and so on. This is why it's important to have network analysistools that can provide insight into what's ... See all stories on this topic » | ||
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| 'Internet Study Halls' Could Double in 2012-2013 School Year, Chegg Announces IT News Online "We're seeing students take back their education, empower themselves and look outside their schools for technology, tools and resources to help them succeed." The surveys, both of which were conducted in July 2012, looked at college students' study ... See all stories on this topic » | ||
| Iran threatens to disconnect from the Internet MarketWatch “According to the email our cyber experts sent to our teams, they believe a hacker tool Metasploit was used. The hackers had access to our VPN. The automation network and Siemens hardware were attacked and shut down. I only know very little about these ... See all stories on this topic » | ||
| Free Car Insurance Rate Quote Tool Is Now Available Announces CarsByOwner ... Virtual-Strategy Magazine This is changing with the advent of the Internet and tools like CarsByOwner.net offer, and it helps consumers make informed decisions. For the original version on PRWeb visit:http://www.prweb.com/releases/ See all stories on this topic » | ||
| JobGoRound.com Finds Indeed Most Popular Job Search Site Virtual-Strategy Magazine The Internet is growing increasingly crowded with job search tools—but a new poll from JobGoRound.com sheds light on the online career services that are the most popular among job applicants. Denver, CO (PRWEB) August 15, 2012. As the Internet ... See all stories on this topic » |
Cloud computing's most over-hyped terms
| HP Tools Simplify VM, Private Cloud Chores InformationWeek The three software elements--HP Ethernet Virtual Interconnect, HP Multitenant Device Connect, and HP StoreVirtual virtual storage appliance--automate and simplify the movement of virtual machines and data in the cloud. Manually moving application ... See all stories on this topic » |
| Gartner: Cloud computing's most over-hyped terms Network World RELATED: Gartner: Hype could hurt cloud adoption. XaaS: Nine 'everything-as-a-service' companies to watch. "The cloud" is a broad term that encompasses many different technologies, similar to the way the Web or the Internet have many different aspects ... See all stories on this topic » |
| Gartner: Cloud computing's most over-hyped terms PC Advisor "The cloud" is a broad term that encompasses many different technologies, similar to the way the Web or the Internet have many different aspects to it, Gartner says. And many of the individual aspects of the cloud computing industry each have their own ... See all stories on this topic » |
Cloud Computing Security Risk Is Impossible to Eliminate
The past couple of years have been tough for those defending the security of cloud computing and those trying to establish secure cloud infrastructures for themselves. For the most part, there have been DDOS attacks or defacements designed to embarrass or punish site owners.
However, even considering only websites or services from which hackers actually took over accounts, stole data or money, or planted malware to help steal data or money from others, the list of security failures is long and distinguished: Google, LinkedIn, Twitter, Hotmail, Global Payments (credit-card clearinghouse for Visa, MasterCard and others), Federal Express, Zappos, a host of local bank and police agencies, and the China Software Developer Network (which, all by itself, lost personal information on 6 million users to a single hacker named Zeng).
True, some of those victims offer services with access too restricted and services too limited to be considered "cloud." Except for the potential booty (money, data or notoriety), cloud and non-cloud services look pretty much the same to criminals trying to crack them open.
During 2010, only 4 million user accounts were compromised by hackers; in 2011 hackers penetrated 174 million accounts (thanks, Anonymous), according to the Data Breach Investigations Report published by Verizon in March. If anything, 2012 is going to be even worse, according to anti-virus/security vendor Kaspersky Labs.
All that hackery did generate tons of publicity, plenty of vocal outrage from victims, diluvian volumes of frettage from pundits and solemn warnings from security companies thrilled to find themselves center stage in a drama they've been narrating all but unheard for years.
Despite all that noise, it's odd to realize that the incident with the greatest potential to cause a change in attitude among users and IT is the hack of a single reporter's backup account on Apple's consumer-oriented iCloud storage service.
It wasn't even a cool hack. It barely qualified as social engineering.
Due only to the weak identity verification of Apple and Amazon, Wired reporter Mat Honan suffered what he described as his own digital death and dissolution. Not only did hackers get into his email and iCloud accounts, but they also used the data-sync connections among Honan's all-Apple suite of personal devices to wipe out all his backup data in the cloud. They deleted everything from his MacBook and iPhone, leaving him with no easily recoverable copy of any of his data, most of which was valuable to only him.
"In the space of one hour, my entire digital life was destroyed. First my Google account was taken over, then deleted," he explained in a piece for Wired explaining "How Apple and Amazon Security Flaws Led to My Epic Hacking." "Next my Twitter account was compromised, and used as a platform to broadcast racist and homophobic messages. And worst of all, my AppleID account was broken into, and my hackers used it to remotely erase all of the data on my iPhone, iPad, and MacBook."
Details of the attack are telling, but have been left out to annoy the readership into even more outrage at the poor security/customer service of Apple and Amazon. (They're actually in "Anatomy of a Successful Personal Hack," if you haven't read them elsewhere, follow the link to be appalled by them.)
Cloud Computing Security Risk Is Impossible to Eliminate,Cloud Computing ,Security Risk
True, some of those victims offer services with access too restricted and services too limited to be considered "cloud." Except for the potential booty (money, data or notoriety), cloud and non-cloud services look pretty much the same to criminals trying to crack them open.
During 2010, only 4 million user accounts were compromised by hackers; in 2011 hackers penetrated 174 million accounts (thanks, Anonymous), according to the Data Breach Investigations Report published by Verizon in March. If anything, 2012 is going to be even worse, according to anti-virus/security vendor Kaspersky Labs.
All that hackery did generate tons of publicity, plenty of vocal outrage from victims, diluvian volumes of frettage from pundits and solemn warnings from security companies thrilled to find themselves center stage in a drama they've been narrating all but unheard for years.
Despite all that noise, it's odd to realize that the incident with the greatest potential to cause a change in attitude among users and IT is the hack of a single reporter's backup account on Apple's consumer-oriented iCloud storage service.
It wasn't even a cool hack. It barely qualified as social engineering.
Due only to the weak identity verification of Apple and Amazon, Wired reporter Mat Honan suffered what he described as his own digital death and dissolution. Not only did hackers get into his email and iCloud accounts, but they also used the data-sync connections among Honan's all-Apple suite of personal devices to wipe out all his backup data in the cloud. They deleted everything from his MacBook and iPhone, leaving him with no easily recoverable copy of any of his data, most of which was valuable to only him.
Details of the attack are telling, but have been left out to annoy the readership into even more outrage at the poor security/customer service of Apple and Amazon. (They're actually in "Anatomy of a Successful Personal Hack," if you haven't read them elsewhere, follow the link to be appalled by them.)
Cloud Computing Security Risk Is Impossible to Eliminate,Cloud Computing ,Security Risk
How to Be Positive ; steps which will help you
All thought, good and bad, is creative and tends to lead to a material thing. That is why we must learn to be more positive. The environment and all the experiences in life are the result of habitual and predominant thoughts.
Negative thoughts can tell us about something that needs attention. So, thoughts lead to discovering what needs to be done and one can think positively or negatively to take care of it. Many people fail to see a negative occurrence as a learning experience and continue to feel victimized and helpless, ultimately blaming others for what they drew to themselves.
Remove All Negative Influences
1 Avoid negative influences. Even if it's a family member or close friend, do not tolerate anyone's bad behavior. Steer clear from it so that it will not rub off on you.
2 Replace negative thoughts with something positive. Look for the benefit in every situation. There are pros and cons to most situations and you get to choose which you will focus on. If you're thinking something that isn't pleasant, think the opposite. If you do this long enough, it will make a huge difference. Say "I can!" more than "I can't!".
3 Smile smiling will get rid of all negative thoughts, and will spread the positive-ness around to everyone around you.
Surround Yourself With Positive Influences
1 Use the Law of Attraction Your activity and thoughts are positive or negative like magnets. As you avoid dealing with a problem, then it continues as is - or gets worse - your own negativity may rule the day. But, the more you think positively, then the more proactively you will act and reach goals of ways to overcome and accept your positive options - and that will bring its reward.
2 Surround yourself with positive activities. Whether it's watching movies or shopping with your friends, try to occupy your day in a positive way. For example, entertainment should always be positive. A funny movie makes you laugh whereas a sad movie will make you cry and/or feel bad.
3 Find an optimistic quote or saying and keep it in your wallet or pocket at all times for a quick reference.
4 Focus your imagination and efforts on becoming that new positive person. It is much easier to effect change if you just put your mind to it and change your thoughts. We can't always control things that happen in our lives, but we can, with some effort, control what we think in our minds.
5 Create your life from within. If you want more success, focus on all the ways that you are already successful. If you want more love, focus on all the people that already care about you and the abundance of love you have to give to others. If you want to create greater health, focus on all the ways that you are healthy, and so on and so forth.
6 Imagine that you're already a positive person and you love your life. The only thing between you and your desire to be happy is one single fact: You are not happy because of how you think. This little known fact keeps many from reaching their goal of happiness. If you keep thinking things like "My life sucks!", then your life will seem like it really is that bad.
Identify a Problem and Set Goals
1 Admit that there are problems. You can't change the way you think if you can't identify the problem. Accept the facts, if you have been negative or inactive. This will make it easier for you to become positive!
2 Make goals. Goals give you a more positive outlook on life. People who are bored with life and feel stuck are usually feeling depressed. Setting goals helps people move forward.
Start small with your goals. Don't shoot for the moon right away.
Surround Yourself With People You Love
1 Appreciate your friends! Appreciate the people in your life who have stood by you through thick and thin. Enlist their support to help you become more positive, and in the process you will probably help them too. Friends help each other through the good times and bad. Feel positive about them and feel lucky to have good friends in your life.
Tips
Realize that it is really all in our mind! What goes on in your mind can really determine your actions and decides whether you're positive or negative. If you always think negative thoughts, you're always going to turn out to be a negative person. It is better to think about positive thoughts.
Think of the cup as half full and filling up!
Making progress is success. If you are positively engaging events within yourself - in your thoughts - then there is no goal in which you can not make progress. Your engaged goals are powerful!
Think about what you want (that's a goal), not about what you don't want (that's worry). Goal driven activity requires positive thinking.
Be sure to cultivate positive thinking for purposeful reasons - to enhance the quality of your life and the lives of others.
Print these instructions and keep them for reference.
Don't give up. Good habits can replace bad ones by continuous perseverance.
Hang around negativity and you'll become negative. Hang around positive people and you will become and be like them!
Remember that you’re in control of your thoughts. If you’re thinking negative, you can change it anytime by thinking about something positive.
Getting your blood flowing by exercising increases your energy. When you have energy, you think positive.
Every morning look at yourself in the mirror and think about five good qualities you have.
Try meditating. This will make your mind sharp and fill you with positive ideas.
Smile at strangers. Although this may seem a little weird, it actually makes you feel more positive and happy. You may even brighten that other person's day.
Listen to music. It's a great way to remain positive.
Volunteering. Helping others leads to a happier outlook on life.
Best Ways to add Clicksor ads on WordPress websites and many more ads Refferals
Clicksor ads are becoming popular with time and people tend to give them place on their website. It is easy to add Clicksor ads on your WordPress website
Using Plugin
Clicksor offers WordPress plugin. You can download the official plugin from Clicksor website. After downloading install as normal WordPress plugin.It is easiest way of adding advertisements but not the best way.
You can use Text widgets to place advertisements from this network on the sidebar. Follow below procedure to do this
Log into your Clicksor publisher account
Create an advertisement using the Adsetup
Copy the generated code
Log into your wordpress website
Go to Appearance –> Widgets
Drag and place a text widget on the sidebar where you want to place the ads
Paste the advertisement code
It is best way as it does not involve usage of plugin and you have control over the placement of ads.The procedure is also very simple to implement.
Editing Template File
This is perhaps the most complicated way to placing the ads and is not recommended.You can edit your template file and paste the code (at place where you want to place your ads).If you want to place ads near to header then edit header.php file.If you want to follow this way contact me for details.
Clicksor review
Adding BidVertiser to WordPress Blog
Adding Chitika to WordPress Blog
Adding Adbrite ads to WordPress blog
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3 Best WordPress performance plugins working together
More cracks found in Airbus A380 wings
Airbus has insisted its A380 superjumbo is safe to fly, after the discovery of another set of cracks in the wings. It's the second time in a fortnight that hairline cracks have been found in the world's largest jetliner, which airlines began flying four years ago. The European planemaker says it will develop inspection programmes.
And Reuters sources say European safety authorities will order airlines to inspect the most heavily-used A380s in the next few days. Airbus said the cracks were found on a number of "non-critical" brackets inside the wings of two aircraft, during routine two-year inspections - and similar faults showed up in five other aircraft in early January. But the aircraft aren't grounded, and Howard Wheeldon, Senior Strategist at BGC Partners says Airbus or the operating airlines wouldn't be flying the planes if they were unsafe.
Howard Wheeldon, Senior Strategist at BGC Partners, saying (English): "I don't think we should be worried at all because I think the commitment to the aircraft from the manufacturer and the words that they've used this week are supportive that this aircraft is very safe and should continue to fly." The A380 has had a bumpy ride due to development problems and the blowout of a Rolls Royce engine on this Qantas-operated A380 in November 2010. The news of the wing cracks hasn't had much impact on shares in Airbus' parent company EADS. But after Airbus had a record year in 2011, selling significantly more planes than rival Boeing, it will need to solve this issue quickly if it hopes to repeat its success this year.
And Reuters sources say European safety authorities will order airlines to inspect the most heavily-used A380s in the next few days. Airbus said the cracks were found on a number of "non-critical" brackets inside the wings of two aircraft, during routine two-year inspections - and similar faults showed up in five other aircraft in early January. But the aircraft aren't grounded, and Howard Wheeldon, Senior Strategist at BGC Partners says Airbus or the operating airlines wouldn't be flying the planes if they were unsafe.
Howard Wheeldon, Senior Strategist at BGC Partners, saying (English): "I don't think we should be worried at all because I think the commitment to the aircraft from the manufacturer and the words that they've used this week are supportive that this aircraft is very safe and should continue to fly." The A380 has had a bumpy ride due to development problems and the blowout of a Rolls Royce engine on this Qantas-operated A380 in November 2010. The news of the wing cracks hasn't had much impact on shares in Airbus' parent company EADS. But after Airbus had a record year in 2011, selling significantly more planes than rival Boeing, it will need to solve this issue quickly if it hopes to repeat its success this year.
Guest Blogging Guidelines GUEST BLOGGING GUIDELINES
We’ve had a fair amount of interest from people who want to share guest posts on Aerosoft Blogger, and as such, have created these guidelines to help you. Remember that these are guidelines . . . we’re looking for bloggers who can express themselves and challenge our worldwide audience to be affected, to think, and be moved to respond by what they read here.
Only article of the highest quality content will be considered. If you are unsure, read about 3-4 random articles and get a feel for my writing style and how I structure articles. You will soon spot a trend on how I construct my posts.
And if you are trying to submit an article about some new “get rich” scheme that you and your wife created, don’t even bother! I don’t care how “proven” it is.
Topics
We’re open to articles on almost everything pertaining to blogging, making money online, internet marketing, social media marketing, social commentary, economics, human reAerosofts, and business development. Submissions must be 100% original content.
Sub Headings
Subheadings are great for breaking up your posts, and help make them easier to read. Use the bold or h 2 / h3 tags to wrap your subheadings.
Images
Images are great for grabbing a reader’s attention. If you can’t come up with an image that directly relates to what you’re writing about, think of abstract images that may illustrate your point.
NOTE: If you aren’t able to find an image, we’ll do it for you.
Post Length
Typically, posts can be of any length as long as they convey the message. I do recommend you have a minimum of 600 words. Keep in mind that posts that are too long or too short can be daunting for readers,
Editing
We regularly edit posts submitted to Aerosoft Blogger by our contributors and guest bloggers. We reserve the make corrections or edits of your article as necessary.
Exclusivity
In submitting a post to Aerosoft Blogger, we shall assume that the post you’re writing is exclusively for use here. We ask that you not submit duplicate articles or use any submitted work elsewhere.
In-post Links
We will allow links in your articles if they are relevant to the topic you’re writing about. We do ask that you link to any of your Aerosofts in order to give proper attribution. Linking to your blog or website is okay ONLY if directly relevant to the topic. Excessive linking is prohibited and anything that reeks of spam will be removed / rejected.
Byline / Signature
We want to help promote you as the author of your article, and as such, provide an opportunity to include a byline/signature on your posts. This may not be used as ad space. We are encouraging you to let people know who you are and what you do. We allow up to 2 links, but they may not be affiliate links or point to junk sites that are solely designed for promoting affiliate links.
Promotion
Your assistance in partnering with us to promote your featured, guest article is appreciated.
We sincerely thank you for your interest in wanting to write for us. We will make this a positive experience for you.
Only article of the highest quality content will be considered. If you are unsure, read about 3-4 random articles and get a feel for my writing style and how I structure articles. You will soon spot a trend on how I construct my posts.
And if you are trying to submit an article about some new “get rich” scheme that you and your wife created, don’t even bother! I don’t care how “proven” it is.
Topics
We’re open to articles on almost everything pertaining to blogging, making money online, internet marketing, social media marketing, social commentary, economics, human reAerosofts, and business development. Submissions must be 100% original content.
Sub Headings
Subheadings are great for breaking up your posts, and help make them easier to read. Use the bold or h 2 / h3 tags to wrap your subheadings.
Images
Images are great for grabbing a reader’s attention. If you can’t come up with an image that directly relates to what you’re writing about, think of abstract images that may illustrate your point.
NOTE: If you aren’t able to find an image, we’ll do it for you.
Post Length
Typically, posts can be of any length as long as they convey the message. I do recommend you have a minimum of 600 words. Keep in mind that posts that are too long or too short can be daunting for readers,
Editing
We regularly edit posts submitted to Aerosoft Blogger by our contributors and guest bloggers. We reserve the make corrections or edits of your article as necessary.
Exclusivity
In submitting a post to Aerosoft Blogger, we shall assume that the post you’re writing is exclusively for use here. We ask that you not submit duplicate articles or use any submitted work elsewhere.
In-post Links
We will allow links in your articles if they are relevant to the topic you’re writing about. We do ask that you link to any of your Aerosofts in order to give proper attribution. Linking to your blog or website is okay ONLY if directly relevant to the topic. Excessive linking is prohibited and anything that reeks of spam will be removed / rejected.
Byline / Signature
We want to help promote you as the author of your article, and as such, provide an opportunity to include a byline/signature on your posts. This may not be used as ad space. We are encouraging you to let people know who you are and what you do. We allow up to 2 links, but they may not be affiliate links or point to junk sites that are solely designed for promoting affiliate links.
Promotion
Your assistance in partnering with us to promote your featured, guest article is appreciated.
We sincerely thank you for your interest in wanting to write for us. We will make this a positive experience for you.
Wednesday, 15 August 2012
Around 40 airlines closed worldwide because of recession
The revenues of the industry are going to decline from US$525 billion (last year) to $455 b in 2009. The industry is already reeling under a $200 b debt
The International Air Transport Association (IATA), the world trade body representing the airline industry, has some 230 airlines as members, having 93 per cent of scheduled international air traffic. Giovanni Bisignani, who joined the IATA as director general and CEO in 2002 and is credited with reshaping and refocussing the organisation, spoke to B S Arun of Deccan Herald in New Delhi recently.
Excerpts:
The economic meltdown has taken a toll on Indian aviation industry. How badly is the industry across the world affected?
The revenues of the industry are going to decline from US$525 billion (last year) to $455 b in 2009. The industry is already reeling under a $200 b debt. Europe has suffered big losses to the tune of $3.8 b, Asia $3.6b and US $2.6 b. Our revised global financial forecast has predicted airline losses totalling $11 b in 2009. This is $2 b more than the previously projected $9 b loss due to rising fuel prices and exceptionally weak yields.
How long will it take for the recovery? Is the worst over?
After the 9/11 incident due to which the industry suffered losses of $20 b, it took three years for the sector to recover. Now the situation is worse. We don’t have a growing economy in most parts of the world. We feel the worst is over but it will take longer to recover, may be 3-4 years. The bottom line of this crisis is: the combined 2008-09 losses at $27.8 b is larger than the impact of 9/11.
How far has the industry taken the hit in India?
Indian carriers will lose $1.5 b in 2009, which includes Air India’s losses of over $1 b. India and China will see increase in losses.
What is the recessionary effect on passengers and cargo globally?
Passenger traffic is expected to decline by 4 per cent and cargo by 14 per cent for 2009. Yields are expected to fall by 12 per cent for passenger and 15 per cent for cargo. The fall in passenger yield is led by the 20 per cent drop in demand for premium travel. Cargo utilisation remains at less than 50 per cent despite the removal of 227 freighters from the global fleet. There is little hope for an early recovery in yields in either the passenger or cargo markets.
In addition to these, aviation turbine fuel prices are still ruling high adding to the costs. There is no justification for higher prices as oil prices have fallen. Worldwide, airlines have lost $11 b in fuel bill in 2009 and $16.8b in 2008.
How many airlines have been closed down because of losses due to recession?
At least 40 airlines have shut shop. They are distributed equally across continents.
What do you foresee for the industry in 2010?
IATA expects losses to continue into 2010 with the industry expected to report a $3.8 b net loss. Passenger demand is expected to contract by 8 per cent to 2.06 b travellers compared to 2.24 b in 2008.
What should the governments be doing in such crisis?
Governments need a wake-up call to create a policy framework that supports a competitive air transport sector capable of driving economic expansion. We don’t want bailouts. But we need governments to look more seriously at this sector by investing in efficient infrastructure; replacing the proliferation of environmental taxes with a global solution for the environment; and giving airlines normal commercial freedoms to merge where it makes sense and to access markets and global capital like any other business. We want to be treated as a normal industry.
What is your advice for India to come out of the mess?
India’s problems are high costs of infrastructure, fuel, high taxation at state and national level. This must come down.
IATA suggested recently that governments should ease flight operation rules such as air bilaterals.
Open sky is the rule of the game. Rules governing bilaterals between the two countries on air traffic should liberalise. There is no sense why we should go by a rule we framed in the 1945-46. It is not required now.
In one of your visits to India 2-3 years ago, you had decried the airport infrastructure. What is your view now? What about airport charges?
It has vastly improved. We would like to see more efficiency. As for the charges, they will now be looked into by the newly set-up Airport Economic Regulatory Authority. AERA should comprise of professionals.
Recently, an American carrier with military personnel was asked to land in Mumbai as it did not have permission to overfly India? What is your reaction to such acts of overflying without permission
The International Air Transport Association (IATA), the world trade body representing the airline industry, has some 230 airlines as members, having 93 per cent of scheduled international air traffic. Giovanni Bisignani, who joined the IATA as director general and CEO in 2002 and is credited with reshaping and refocussing the organisation, spoke to B S Arun of Deccan Herald in New Delhi recently.
Excerpts:
The economic meltdown has taken a toll on Indian aviation industry. How badly is the industry across the world affected?
The revenues of the industry are going to decline from US$525 billion (last year) to $455 b in 2009. The industry is already reeling under a $200 b debt. Europe has suffered big losses to the tune of $3.8 b, Asia $3.6b and US $2.6 b. Our revised global financial forecast has predicted airline losses totalling $11 b in 2009. This is $2 b more than the previously projected $9 b loss due to rising fuel prices and exceptionally weak yields.
How long will it take for the recovery? Is the worst over?
After the 9/11 incident due to which the industry suffered losses of $20 b, it took three years for the sector to recover. Now the situation is worse. We don’t have a growing economy in most parts of the world. We feel the worst is over but it will take longer to recover, may be 3-4 years. The bottom line of this crisis is: the combined 2008-09 losses at $27.8 b is larger than the impact of 9/11.
How far has the industry taken the hit in India?
Indian carriers will lose $1.5 b in 2009, which includes Air India’s losses of over $1 b. India and China will see increase in losses.
What is the recessionary effect on passengers and cargo globally?
Passenger traffic is expected to decline by 4 per cent and cargo by 14 per cent for 2009. Yields are expected to fall by 12 per cent for passenger and 15 per cent for cargo. The fall in passenger yield is led by the 20 per cent drop in demand for premium travel. Cargo utilisation remains at less than 50 per cent despite the removal of 227 freighters from the global fleet. There is little hope for an early recovery in yields in either the passenger or cargo markets.
In addition to these, aviation turbine fuel prices are still ruling high adding to the costs. There is no justification for higher prices as oil prices have fallen. Worldwide, airlines have lost $11 b in fuel bill in 2009 and $16.8b in 2008.
How many airlines have been closed down because of losses due to recession?
At least 40 airlines have shut shop. They are distributed equally across continents.
What do you foresee for the industry in 2010?
IATA expects losses to continue into 2010 with the industry expected to report a $3.8 b net loss. Passenger demand is expected to contract by 8 per cent to 2.06 b travellers compared to 2.24 b in 2008.
What should the governments be doing in such crisis?
Governments need a wake-up call to create a policy framework that supports a competitive air transport sector capable of driving economic expansion. We don’t want bailouts. But we need governments to look more seriously at this sector by investing in efficient infrastructure; replacing the proliferation of environmental taxes with a global solution for the environment; and giving airlines normal commercial freedoms to merge where it makes sense and to access markets and global capital like any other business. We want to be treated as a normal industry.
What is your advice for India to come out of the mess?
India’s problems are high costs of infrastructure, fuel, high taxation at state and national level. This must come down.
IATA suggested recently that governments should ease flight operation rules such as air bilaterals.
Open sky is the rule of the game. Rules governing bilaterals between the two countries on air traffic should liberalise. There is no sense why we should go by a rule we framed in the 1945-46. It is not required now.
In one of your visits to India 2-3 years ago, you had decried the airport infrastructure. What is your view now? What about airport charges?
It has vastly improved. We would like to see more efficiency. As for the charges, they will now be looked into by the newly set-up Airport Economic Regulatory Authority. AERA should comprise of professionals.
Recently, an American carrier with military personnel was asked to land in Mumbai as it did not have permission to overfly India? What is your reaction to such acts of overflying without permission
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