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Discuss this article (2 Comments)Senior Emirates official predicts late-2009 upturn
by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 07 May 2009
UPTURN SEEN: Emirates' commercial operations chief Richard Vaughan sees the aviation industry improving by late 2009. (Getty Images)
A senior Emirates official has predicted an upturn in the depressed aviation industry towards the end of 2009.
The airline’s commercial operations chief Richard Vaughan said passenger numbers would pick up during a panel discussion at the Arabian Travel Market in Dubai on Thursday.
“The message from Emirates is steady as she goes,” Vaughan added in comments published by Hotelier Middle East.
Commenting on the current effects of the swine flu virus on the global airline industry, Vaughan dismissed the severity of the situation.
“Viruses come and go...There will be a few hiccups, but the aviation sector is resilient and it will bounce back,” he said.
Vaughan announced that Emirates would launch some new routes from August.
“We will fly to Angola from August 2 and in readiness for the World Cup next year, we will launch flights to Durban in October."
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Predictions
Posted by Dude, Dubai, United Arab Emirates on Friday 8 May 2009 at 06:00 UAE time
These statements are just predictions and speculations that comes without solid foundations. The recovery of the Air Travel is dependent on the following:
1. Prices go down to really a sea bed levels
2. Fuel prices stabilize at levels to make the costs predictable enough to support marketing/sales campaigns
3. Job market stability in order for people to accommodate in their financial planning for leisure instead of current situation where all focus only on contingency and surviving the worst when it hit them
2. Total costs of tourists trip to Dubai (or any destination) becomes a fraction of their income without the need to borrow money.
Then you will start see upturn in travel and tourism markets. Today all indicators doesn't support the predictions.
A) People don't feel secure in their jobs, so their financial planning is to save for the worst that they are fearing from.
B) Oil prices are going up despite the fact that the demand is going down along with new massive reserves went into production in Saudi. So jet fuel prices is still high
C) Rents are still high although the supply outstripping the demand with the effect of the artificial rent setting mechanism. This is impacting the room rates in all types of hotels
E) Cost of public transportation went up as opposed to what should happen to encourage tourism in such down turn.
F) Swine flu and governments measures to reduce the risk coming from traveling and people avoiding traveling. Also the expected 6 months to come up with suitable antibiotic is already a barrier in face any upturn.
G) Retail prices still far more expensive that what you get any where else around the world.
So how the traffic will see upturn in late 2009, perhaps you mean 2015?
Posted by Dude, Dubai, United Arab Emirates on Friday 8 May 2009 at 06:00 UAE time
These statements are just predictions and speculations that comes without solid foundations. The recovery of the Air Travel is dependent on the following:
1. Prices go down to really a sea bed levels
2. Fuel prices stabilize at levels to make the costs predictable enough to support marketing/sales campaigns
3. Job market stability in order for people to accommodate in their financial planning for leisure instead of current situation where all focus only on contingency and surviving the worst when it hit them
2. Total costs of tourists trip to Dubai (or any destination) becomes a fraction of their income without the need to borrow money.
Then you will start see upturn in travel and tourism markets. Today all indicators doesn't support the predictions.
A) People don't feel secure in their jobs, so their financial planning is to save for the worst that they are fearing from.
B) Oil prices are going up despite the fact that the demand is going down along with new massive reserves went into production in Saudi. So jet fuel prices is still high
C) Rents are still high although the supply outstripping the demand with the effect of the artificial rent setting mechanism. This is impacting the room rates in all types of hotels
E) Cost of public transportation went up as opposed to what should happen to encourage tourism in such down turn.
F) Swine flu and governments measures to reduce the risk coming from traveling and people avoiding traveling. Also the expected 6 months to come up with suitable antibiotic is already a barrier in face any upturn.
G) Retail prices still far more expensive that what you get any where else around the world.
So how the traffic will see upturn in late 2009, perhaps you mean 2015?
Nice choice of words
Posted by Geriant, Dubai, UAE on Thursday 7 May 2009 at 16:44 UAE time
“Viruses come and go...There will be a few hiccups, but the aviation sector is resilient and it will bounce back,” he said.
Swine flu, on last inspection Mr Vaughan, does not give you hiccups. You cough yourself to death. You shouldn't go off message when they let you out in public next time. Stick to the apprived script.
Posted by Geriant, Dubai, UAE on Thursday 7 May 2009 at 16:44 UAE time
“Viruses come and go...There will be a few hiccups, but the aviation sector is resilient and it will bounce back,” he said.
Swine flu, on last inspection Mr Vaughan, does not give you hiccups. You cough yourself to death. You shouldn't go off message when they let you out in public next time. Stick to the apprived script.
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