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Examine the Europe Aviation Sectors With This Updated Company and Industry Analysis (May 2008)

October 16, 2008

Research and Markets (http://www.researchandmarkets.com/research/8eb428/europe_aviation_se) has announced the addition of the “Europe Aviation Sectors: A Company and Industry Analysis (May 2008)” report to their offering.

This report updates the previous European aviation report, focusing on the markets in France, Germany, Ireland, Italy, Spain and the United Kingdom

Current Environment – Key Points

— More than 358 million passengers were carried by the Association of European Airlines- (AEA) 33 member airlines in 2007, up by 4.1% from 2006

— Freight traffic held steady in 2007, thanks to better results across the North Atlantic and strong increases in smaller African and South American markets

— European low-cost carriers sought out new bases and opened new routes in a bid to attract new traffic

— Air France-KLM, British Airways and Lufthansa continued to transform themselves into global players, while Iberia and Alitalia looked to link with other legacy carriers

— Last October, Delta Air Lines formed a transatlantic joint venture with Air France-KLM

— The average share price of ten major European airlines tracked by Mergent tumbled by 13.1% in the six months from August 2007 to January 2008

Industry Profile – Key Points

— The top five European airline groups ranked by revenues in the July-September 2007 period were Air France-KLM, Lufthansa, British Airways, SAS and Iberia, according to a Mergent analysis

— Air France ranked first among AEA’s 33 member airlines in terms of passenger traffic and second in terms of scheduled passengers carried and freight traffic in 2007

— To keep pace with rising demand, most European airlines are placing new orders for aircraft

— Air China and Shanghai Airlines joined Star Alliance on December 12, 2007, and China Southern Airlines joined SkyTeam on November 15, 2007

— British Airways received a statement of objection from European Union (EU) regulators last December, alleging it was part of a suspected air cargo cartel

Market Trends and Outlook – Key Points

— Airlines are turning to cleaner engines and renewable fuel sources to reduce the industry’s greenhouse gas emissions

— Passengers are likely to pay higher taxes on air travel to help fund programs in the fight against global warming

— Environmental groups are pressing for aircraft emissions to be included in the UK Government’s Climate Change Bill, which aims to reduce CO 2 emissions by at least 60% of 1990 levels by 2050

— The International Air Transport Association (IATA) estimates that high energy prices will add US$14 billion to the global airline industry’s fuel bill in 2008, driving it up to US$149 billion

— AEA expects operating profits for its member airlines to decline by 18.8% from -3.2 billion (US$4.75 billion) in 2007, to -2.6 billion (US$3.86 billion) in 2008.

Key Topics Covered:

Current Environment – Sector Overview – Sector Performance – Leading Players – Acquisitions and Alliances Industry Profile – Industry Size and Value – Fleet Purchases – Expanding Networks – Policy and Regulatory Environment Market Trends and Outlook – Airlines Get Greener – Soaring Fuel Prices Pressure Airlines – Airlines Cut Back on Labor – Market Outlook Country Profiles – France – Germany – Ireland – Italy – Spain – United Kingdom Currency Conversion Table The Scope of this Report Key References Comparative Data Reports Coverage

For more information visit http://www.researchandmarkets.com/research/8eb428/europe_aviation_se.




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