APPENDIX II

Extracts from Giovanni Bisignani’s State of the Industry speeches, 2003-11

2003 59th AGM, Washington D.C

Summary: A new, balanced approach to aviation; building a framework relevant to the reality of the day and ready for tomorrow’s challenges; modernizing the three pillars of stagnation—bilateral agreements, ownership and competition.

image

The three pillars of stagnation. Source: IATA.

Crisis is the only way to describe the state of our industry today. IATA members lost $3.8 billion on their international services in 2002. That makes over $14 billion dollars in two years. And when we include domestic losses, globally the industry lost ...

Get Shaking the Skies now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.