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2007 Presents Challenges for the Aviation Industry with Increased Competition Expected in the Market.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c34152) has announced the addition of Aviation Outlook 2006 to their offering.

This 103 page report reviews the airline, airport and tourism prospects for 2006 by our team of leading analysts. The report provides an overview of the industry's prospects, as well as coverage of 17 countries in four geographic regions of the Asia Pacific and Middle East.

Outlook 2006: "Mostly benign - but unpredictable"

Asia Pacific airlines Asia Pacific Airlines may refer to:
  • Asia Pacific Airlines, a cargo airline based in Guam.
  • Asia Pacific Airlines, a passenger airline based in Papua New Guinea.
  • Association of Asia Pacific Airlines, a trade association of major Asia/Pacific airlines.
, airports and tourism operators should experience relatively benign, "normalised normalised - normalisation " market conditions in 2006. Passenger traffic growth should maintain recent high levels, broadly in line with capacity increases. But that depends upon continued economic strength as the effects of high fuel prices percolate percolate /per·co·late/ (per´kah-lat)
1. to strain; to submit to percolation.

2. to trickle slowly through a substance.

3. a liquid that has been submitted to percolation.
 through the system, adding a larger than usual level of unpredictability for the year.

In any event, 2006 may be the lull before the storm - a rare opportunity for the aviation sector to consolidate, ahead of the challenges likely in 2007 as fleet deliveries escalate, new products enter the market and pressures intensify on manpower costs, competition, capacity and yields.

While economic conditions apparently remain robust across the region, led by China, there are tentative signs of a looming downturn with air freight air freight nflete m por avión

air freight nfret aérien

air freight air nLuftfracht f
 trends (traditionally a lead indicator of the strength of underlying economic conditions) recently showing only tepid growth. Last year's boom in aircraft orders, which reached record levels, also suggests that a cyclical "bust" is not far behind, if previous experience is anything to go by.

Topics Covered

PART A - The Outlook 2006

Summary Outlook 2006 - Mostly benign - but unpredictable

Airline Restructuring - Acceleration needed in 2006

Economic Conditions - Early signs of deterioration

Fuel Prices - Still the great unknown

Share Prices - Airlines struggle to attract investors

Struggling Carriers - Pressures mount to find solutions

Re-equipping Fleets - Asia and the Middle East head the race

Labour Shortages - The downside of high fleet growth

Industrial Relations industrial relations
pl.n.
Relations between the management of an industrial enterprise and its employees.


industrial relations
Noun, pl

the relations between management and workers
 - Potential flash point in 2006

Aviation Policy - The goal posts are slowly moving

Airports - Buoyant, but can outperformance continue?

Tourism Arrivals - Resilient despite shocks

PART B - Country Outlooks 2006

North Asia North Asia or Northern Asia is a subregion of Asia. The most common definition of the term is;
  • The Asian part of Russia, namely Asian Siberia; however, by some definitions, not all of Northern Asia is part of Siberia.
 

China

Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL.

SAR - segmentation and reassembly
 

Japan

Macau SAR

South Korea

Taiwan

Southeast Asia

Indonesia

Malaysia

Philippines

Singapore

Thailand

Vietnam

South Asia & Middle East

India

Middle East

Sri Lanka

South Pacific

Australia

New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland.  

2005 Key Statistics

North America

Europe

For more information visit http://www.researchandmarkets.com/reports/c34152
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 9, 2006
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