Brazil's Metallurgic Union scheduled (18-Sep-2019) for Embraer personnel at Sao Jose dos Campos to strike on 23-Sep-2019, seeking a 6.37% increase in wages, corresponding to inflation plus a 3% real wage increase. FIESP, negotiating on behalf of Embraer, proposed inflation plus a 0% real increase. [more - original PR - Portuguese]
Exports generated by international tourism reached USD 1.7 trillion in 2018, a 4% increase in real terms over the previous year, a new report from the World Tourism Organization shows. For the seventh year in a row, tourism exports grew faster than merchandise exports (+3%), reflecting solid demand for international travel in a generally robust economic environment.
The same report shows outbound tourism spending from Australia increased 10% year-on-year in 2018, making it one of the fastest growing of the world’s top 10 source markets.
- What key markets are performing well?
- What markets are ripe for growth?
- How are fares out of Australia performing
- Will a lower Australian Dollar force local travellers to holiday domestically rather than internationally?
Moderator: Tourism Futures International, Managing Director, Bob Cain
- Australia India Travel & Tourism Council, Chairman, Sandip Hor
- China Southern Airlines, Director of Sales and Marketing AUS & NZ, Kevin Xu
- Tourism New Zealand, General Manager Australia, Andrew Waddel
SESAR launched (19-Sep-2019) the airspace user supporting demonstration of integrated airport operations (AUDIO) project. The demonstration project, funded by the EU, aims to improve safety, efficiency and predictability of flights by increasing flight crew situational awareness while the aircraft is taxiing. The project is being conducted at Hamburg Airport Helmut Schmidt's German Aerospace Center. AUDIO project coordinator Steffen Loth explains: "Pre-operational trials have shown safety and efficiency benefits of these new solutions. For an integrated approach to a modernised air transport, we need to go beyond these ground based solutions, involve airlines as central partners and share available information between all stakeholders". [more - original PR]
- Visitor arrivals by air: 261,700, +11.6% year-on-year;
IATA reported (19-Sep-2019) that while the loss of oil production due to the attack on Saudi Arabia's refining capabilities could be partly compensated from storage facilities, oil prices are expected to remain under pressure as it is likely to take some time for production to return to normal. The impact of the rise in oil prices on airlines will depend on hedging ratios, but each USD5 per barrel increase in the price of jet fuel could reduce overall industry net profit margins by around 0.5% points. Oil prices were stable in Aug-2019, but jumped up in Sep-2019 following the attack. According to IATA, Brent crude oil was USD68 per barrel and jet fuel reached USD85 per barrel, 11% higher compared to the end of Aug-2019. [more - original PR]
India's Directorate General Civil Aviation (DGCA) reported (19-Sep-2019) the following domestic traffic highlights for Aug-2019:
- Passengers: 11.8 million, +3.9% year-on-year;
- Passenger load factor: