Research and Markets: Airlines in Asia and the Middle East Achieved a Record USD 3 billion Profit in 2004 on Traffic Growth of more than 20%.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c21075) has announced the addition of Asia Pacific & Middle East Aviation & Tourism Outlook 2005 to their offering The aviation sector in the Asia Pacific and Middle East region will continue to defy global industry trends in 2005, maintaining high growth and profitability after a record 2004. In this annual report on the regional outlook for aviation and tourism, a more subdued sub·due tr.v. sub·dued, sub·du·ing, sub·dues 1. To conquer and subjugate; vanquish. See Synonyms at defeat. 2. To quiet or bring under control by physical force or persuasion; make tractable. 3. , but still robust performance for airlines and airports is predicted in the year ahead. The report estimates that airlines in Asia and the Middle East achieved a record USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3 billion profit in 2004 - USD750 million from Chinese airlines - on traffic growth of more than 20%. That compares with aggregate losses of USD6-8 billion in the US, and USD500 million in Europe. "For Asia Pacific airlines Asia Pacific Airlines may refer to:
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Outlook 2005 report. "While operators in Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. licked their wounds, the region's carriers moved rapidly from recovery to robust growth and profitability." the report went on. "That growth should consolidate in 2005, barring further upsets, and establish the Asia Pacific as a key target for major investment in service expansion and new operations." This report notes that "this snowballing Snowballing Used in the context of general equities. Process by which the exercise of stop orders in a declining or advancing market causes further downward or upward pressure on prices, thus triggering more stop orders and more price pressure, and so on. development and intensifying competition should deliver substantial benefits to airports, regional economies and tourism and consumers". "However, for the airlines, the prospect of high growth is overshadowed by likely manpower shortages and a further depletion of yields, raising the potential for a profitless (or less profitable) volume scenario for some." It is believed that the outstanding profit levels of 2004 are unlikely to be repeated in 2005, although results should be positive again this year. "As liberalisation n. 1. Same as liberalization. Noun 1. liberalisation - the act of making less strict liberalization, relaxation alleviation, easement, easing, relief - the act of reducing something unpleasant (as pain or annoyance); "he asked the nurse sweeps through the region, traffic growth should be impressive, with double figure increases again commonplace," it says. "The entry of new airlines in regional markets and expansion of access rights on long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. routes will stimulate the growth, but at the same time dilute profitability." The 186-page report provides an overview of the industry's prospects, as well as coverage of 21 countries in four geographic regions of the Asia Pacific and Middle East. The report is divided into two sections: Part A: The Outlook: 2005 - 2004 in Review - The Big Issues in 2005 - Risk Part B: Country Outlooks: 2005 For more information visit http://www.researchandmarkets.com/reports/c21075 |
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