Regional e-Newsletter NEU Q2 2010
Q2 | May 2010 |
Welcome
Eyjafjallajokull has been very costly for the aviation industry. The latest estimate from Siim Kallas, the EU’s new Transport Commissioner, is that the cost to the industry will be somewhere between €1.5bn and €2.5bn, and that is assuming there is no further disruption. Clearly the impact is wider than just to the industry: over 100,000 flights were cancelled and many people were stranded. I was lucky to be stranded in South Africa for only eight days – some people couldn’t get home for weeks and at the time of writing, the ash cloud is still causing uncertainty.
Ancillary revenues – a game changer for the airline industry
Achieving profitability in the airline industry is becoming an increasingly difficult task with each passing year. The 2009 SITA/Airline Business survey cited that the top two reasons why airlines are investing in IT is to reduce costs, followed closely by increasing revenues. One of the key areas that airlines are targeting today is ancillary revenue as it has become a key strategy that is gaining traction in airline boardrooms throughout the world.
Events - Come and meet us
How can IT can drive a more profitable and successful industry? You can find out in Brussels, 23-24 June 2010.
SITA
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Information is subject to change without notice. All trademarks ackowledged SITA 2012.
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