Asia-Pacific aviation on the increase
Despite concerns over terrorism and bird flu, people in the Asia-Pacific region are continuing to fly, statistics show.
The International Air Transport Association (IATA), an international trade group, has released figures covering both passenger and freight air traffic for the last financial year.
IATA said passenger traffic in the Asia-Pacific region was up 4.4 per cent and freight work was up 3.5 per cent.
Despite the good news, the association’s director general, Giovanni Bisignani, said continued threats to the aviation industry along with global political tensions meant there was no room for complacency in the industry.
More : theage.com.au
Related Travel Information
Asia Pacific airlines should cut fuel surcharges on passengers - CAPA
SINGAPORE (AFX) - The Centre for Asia Pacific Aviation (CAPA) warned that airlines should consider cutting their fuel surcharges on passenger tickets in the face of slowing travel demand and amid concerns over bird flu.
CAPA executive chairman Peter Harbison said he will push this message in the annual aviation outlook summit which will be held on Dec. 5-6 in Kuala Lumpur. He noted that some freight carriers have already started to ease their surcharges to reflect the lower jet fuel prices.
'But passenger airlines appear reluctant to move on
India leads Asia-Pacific wage increases
SINGAPORE, Nov. 26 (UPI) -- India reports the highest average salary increase at 13.9 percent and information technology workers received the highest increase at 17.9 percent.
The annual Asia-Pacific Salary Increase Survey, conducted by Hewitt Associates, polled more than 1,500 foreign firms in Australia, China, Hong Kong, India, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand, reported Xinhua, China's main government-run news agency.
The average overall salary increase ranged from 3.4 percent to 4.3 percent surveyed for 2005, and from 4 percent to 4.3 percent for 2006.
The Philippines recorded an average overall salary
Boeing, Airbus at Asia's biggest air show in Singapore
Aviation companies opened Asia's largest air show Tuesday with fiercely competitive campaigns aimed at coaxing China, India and other regional customers to splurge on superjumbos and sophisticated jet technology.
Airbus flew in the world's largest passenger plane, the A380, to awe potential purchasers at the Asian Aerospace exhibition in Singapore, while rival Boeing Co. urged carriers to consider acquiring the wide-bodied 747-8, a more fuel-efficient version of the old workhorse jumbo that is expected to be ready for delivery in 2010.
Other heavyweights such as the largest U.S. defense contractor, Lockheed Martin Corp., Sweden's
India tops salary hike in Asia: Hewitt
NEW DELHI: Average salary increase in India in 2005 is the highest in Asia, and this trend will continue in 2006, said HR consultancy firm Hewitt Associates in its annual study. In 2004 too, Indian companies were on top in terms of salary increase in Asia.
In 2005, the average increase in salary of employees of Indian companies was 13.9%. Employees in the IT-enabled sector received the highest hike at 17.9%.
Philippines recorded an average salary increase of 8.2%, followed by China at 8.1% and Thailand at 6.3%.
More:
Russia to increase oil exports to Asia
Russia, world's second largest oil producer, today offered to increase crude oil exports to Asia for ensuring energy security and reduce risks for the region.
Speaking at the Asian Oil Ministers Round Table, Russian Industry and Energy Minister Viktor B Khristenko said Russia is prepared to assist in the taks of ensuring energy security and hence reduce risks (by) increasing exports, diversify the commodity structure and increase the volume of higher- processed commodities.
We will also take steps to stimulate foreign investment in to the country and develop new forms of international cooperation and create mechanisms
