The BI-ME eNewsletter
LOGIN:
Air Charter International predicts increase in Asia Pacific aviation requirements
Source: BI-ME , Author: BI-ME staff
Posted: Mon November 2, 2009 12:38 pm
www alibaba.com
Meet worldwide manufacturers, wholesalers
& importers
in Alibaba now!

INTERNATIONAL. According to the Boeing's Vice President - Marketing, Randy Tinseth, "Twenty years from now more than 40% of the world's airline traffic will begin, end or take place within the Asia Pacific region," "That's a big leap for a region that was not even mentioned in our earliest Boeing market forecasts back in the 1950s."

Tinseth goes on to say "between now and 2028, Asia Pacific air travel will grow from 32% of the world market to 41%."

In light of this and the considerable increase in charter and lease enquiries received from the Asia Pacific region in the past two months, Air Charter International is focusing a large proportion of their efforts to servicing aircraft requirements for this region.

Seeing airlines such as Air Asia X regularly opening new routes including Chengdu in China and Abu Dhabi in the Middle East is a positive sign for the recovery of the aviation market.

Having recently set up regional offices in Sydney Australia, specifically for the Asia Pacific region, there has been a steady rise in business and a focus on building sound relationships between Air Charter International and aircraft operators and clients in the region, ensuring that all enquiries can be dealt with professionally.

Stuart Wheeler, CEO of Air Charter International says; "Making sure we are well represented in this region is vital to the success of our business.

We are committed to sourcing the best possible solutions for all of our customers and are optimistic with regards to the continued increase is charter and lease business in Asia Pacific".

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.
UAE. Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum tightened the control of the emirate's largest holding company, the Investment Corporation of Dubai.