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#Airlines Market Growth
lalsingh228-blog · 7 months
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Airlines Market May Set New Growth Story
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Global Airlines Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some are the key & emerging players that are part of coverage and have being profiled are American Airlines Group (United States), Air France KLM (France), ANA Holdings (Japan), British Airways (United Kingdom), Delta Air Lines (United States), Deutsche Lufthansa (Germany), Hainan Airlines (China), Japan Airlines (Japan), LATAM Airlines Group (Chile), Qantas Airways (Australia). Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/63600-global-airlines-market Airlines are the companies which provides air transport services for traveling passengers and freight. These companies uses aircraft to supply these services and may form partnerships with other airlines for codeshare agreements. Airlines vary in size from small domestic airlines to full-service international airlines with double decker airlines.
The titled segments and sub-section of the market are illuminated below: by Services (Intercontinental, Domestic, Regional, International), End-User (Passenger, Freight)
Market Trends:
Demand for Eco-Friendly and Fuel Efficient Aircraft from Airline Companies
Opportunities:
Growing Tourism Industry Worldwide
Increasing Number of International Airports Worldwid
Market Drivers:
Increase in Number of Air Passengers Worldwide
Increased Disposable Income of the People in Emerging Countries
Advertisement of Tourist Places by Tourism Industries
Global Airlines market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years. Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global Airlines Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/63600-global-airlines-market Points Covered in Table of Content of Global Airlines Market:
Chapter 01 – Airlines Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Airlines Market - Pricing Analysis
Chapter 05 – Global Airlines Market Background
Chapter 06 -- Global Airlines Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Airlines Market
Chapter 08 – Global Airlines Market Structure Analysis
Chapter 09 – Global Airlines Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms Chapter 11 – Research Methodology Read Detailed Index of full Research Study at @https://www.advancemarketanalytics.com/reports/63600-global-airlines-market Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
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digitalwibe · 27 days
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Europe Aircraft Leasing Market: Rapid Development and Value Trends Forecast (2024-2032)
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The Europe Aircraft Leasing Market is on a trajectory of rapid development, driven by evolving value trends and a robust aviation sector. As European airlines and operators navigate the complexities of fleet management, leasing has emerged as a strategic solution to meet both current and future needs.
Europe Aircraft Leasing Market showcases the following key aspects:
Fleet Expansion and Modernization: European airlines are increasingly turning to leasing to expand and modernize their fleets. This approach allows them to quickly integrate new aircraft models that enhance operational efficiency and comply with environmental regulations.
Economic Uncertainty and Flexibility: Leasing provides airlines with greater financial flexibility amid economic uncertainties. It allows operators to manage capital expenditure more effectively and adjust their fleet size according to market demand.
Technological Advancements: The adoption of advanced technologies in leased aircraft supports better fuel efficiency and lower emissions. European airlines benefit from these innovations without the long-term financial commitment of owning the aircraft.
Regulatory Pressure: Europe’s stringent environmental regulations drive the demand for modern, eco-friendly aircraft. Leasing offers a practical solution for airlines to meet these requirements while minimizing financial risk.
Geographical Distribution: Key markets in Europe, such as the UK, Germany, and France, are at the forefront of the leasing trend. Their well-developed aviation sectors and strategic positions contribute to the overall growth of the market.
The forecast for the Europe Aircraft Leasing Market is characterized by robust growth and ongoing development. As airlines continue to seek flexible and cost-effective solutions, leasing will remain a vital component of the region’s aviation landscape.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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#The Europe Aircraft Leasing Market is on a trajectory of rapid development#driven by evolving value trends and a robust aviation sector. As European airlines and operators navigate the complexities of fleet managem#leasing has emerged as a strategic solution to meet both current and future needs.#Europe Aircraft Leasing Market showcases the following key aspects:#•#Fleet Expansion and Modernization: European airlines are increasingly turning to leasing to expand and modernize their fleets. This approac#Economic Uncertainty and Flexibility: Leasing provides airlines with greater financial flexibility amid economic uncertainties. It allows o#Technological Advancements: The adoption of advanced technologies in leased aircraft supports better fuel efficiency and lower emissions. E#Regulatory Pressure: Europe’s stringent environmental regulations drive the demand for modern#eco-friendly aircraft. Leasing offers a practical solution for airlines to meet these requirements while minimizing financial risk.#Geographical Distribution: Key markets in Europe#such as the UK#Germany#and France#are at the forefront of the leasing trend. Their well-developed aviation sectors and strategic positions contribute to the overall growth o#The forecast for the Europe Aircraft Leasing Market is characterized by robust growth and ongoing development. As airlines continue to seek#leasing will remain a vital component of the region’s aviation landscape.#About US#At Market Research Future (MRFR)#we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR)#Half-Cooked Research Reports (HCRR)#Raw Research Reports (3R)#Continuous-Feed Research (CFR)#and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence#services#technologies#applications#end users#and market players for global#regional
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liberalsarecool · 4 months
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Record job growth.
Record wage growth.
Record-breaking stock market growth.
Best recovery from post-pandemic inflation.
Thousands of manufacturing jobs created.
CHiPs and PACT Acts.
Infrastructure Bill.
Largest-ever investment in green energy.
Capped insulin costs for many.
Millions unburdened of student debt.
New rules to prevent junk fees by airlines and banks.
Vote for Democrats. #VoteBlue
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misfitwashere · 1 month
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We thank you, Joe
Tonight is for you
Robert Reich
Aug 19, 2024
Friends,
Tonight’s opening of the Democratic National Convention in Chicago will be an opportunity for the Democratic Party and the nation to take stock of Joe Biden’s term of office and thank him for his service.
He still has five months to go as president, of course, but the baton has been passed.
Biden’s singular achievement has been to change the economic paradigm that reigned since Reagan and return to one that dominated public life between 1933 and 1980 — and is far superior to the one that has prevailed since.
Biden’s democratic capitalism is neither socialism nor “big government.” It is, rather, a return to an era when government organized the market for the greater good.
The Great Crash of 1929 followed by the Great Depression taught the nation a crucial lesson that we forgot after Reagan’s presidency: markets are human creations. The economy that collapsed in 1929 was the consequence of allowing nearly unlimited borrowing, encouraging people to gamble on Wall Street, and permitting the Street to take huge risks with other people’s money.
Franklin D. Roosevelt and his administration reversed this. They stopped the looting of America. They also gave Americans a modicum of economic security. During World War II, they put almost every American to work.
Subsequent Democratic and Republican administrations enlarged and extended democratic capitalism. Wall Street was regulated, as were television networks, airlines, railroads, and other common carriers. CEO pay was modest. Taxes on the highest earners financed public investments in infrastructure (such as the national highway system) and higher education.
America’s postwar industrial policy spurred innovation. The Department of Defense and its Defense Advanced Research Projects Administration developed satellite communications, container ships, and the internet. The National Institutes of Health did trailblazing basic research in biochemistry, DNA, and infectious diseases.
Public spending rose during economic downturns to encourage hiring. Antitrust enforcers broke up AT&T and other monopolies. Small businesses were protected from giant chain stores. Labor unions thrived. By the 1960s, a third of all private-sector workers were unionized. Large corporations sought to be responsive to all their stakeholders.
But then America took a giant U-turn. The OPEC oil embargo of the 1970s brought double-digit inflation followed by Fed Chair Paul Volcker’s effort to “break the back” of it by raising interest rates so high that the economy fell into deep recession.
All of which prepared the ground for Reagan’s war on democratic capitalism. From 1981 onward, a new bipartisan orthodoxy emerged that markets functioned well only if the government got out of the way.
The goal of economic policy thereby shifted from the common good to economic growth, even though Americans already well-off gained most from that growth. And the means shifted from public oversight of the market to deregulation, free trade, privatization, “trickle-down” tax cuts, and deficit reduction — all of which helped the monied interests make even more money.
The economy grew for the next 40 years, but median wages stagnated, and inequalities of income and wealth surged. In sum, after Reagan’s presidency, democratic capitalism — organized to serve public purposes — all but disappeared. It was replaced by corporate capitalism, organized to serve the monied interests.
**
Joe Biden revived democratic capitalism. He learned from the Obama administration’s mistake of spending too little to pull the economy out of the Great Recession that the pandemic required substantially greater spending, which would also give working families a cushion against adversity. So he pushed for and got the giant $1.9 trillion American Rescue Plan.
This was followed by a $550 billion initiative to rebuild the nation’s bridges, roads, public transit, broadband, water, and energy systems. He championed the biggest investment in clean energy sources in American history — expanding wind and solar power, electric vehicles, carbon capture and sequestration, and hydrogen and small nuclear reactors. He then led the largest public investment ever made in semiconductors, the building blocks of the next economy. Notably, these initiatives were targeted to companies that employ American workers.
Biden also embarked on altering the balance of power between capital and labor, as had FDR. Biden put trustbusters at the head of the Federal Trade Commission and the Antitrust Division of the Justice Department. And he remade the National Labor Relations Board into a strong advocate for labor unions.
Unlike his Democratic predecessors Bill Clinton and Barack Obama, Biden did not reduce all trade barriers. He targeted them to industries that were crucial to America’s future — semiconductors, electric batteries, electric vehicles. Unlike Trump, Biden did not give a huge tax cut to corporations and the wealthy.
It’s also worth noting that, in contrast with every president since Reagan, Biden did not fill his White House with former Wall Street executives. Not one of his economic advisers — not even his treasury secretary — is from the Street.
The one large blot on Biden’s record is Benjamin Netanyahu. Biden should have been tougher on him — refusing to provide him offensive weapons unless Netanyahu stopped his massacre in Gaza. Yes, I know: Hamas began the bloodbath. But that is no excuse for Netanyahu’s disproportionate response, which has made Israel a pariah and endangered its future. Nor an excuse for our complicity.
***
One more thing needs to be said in praise of Joe Biden. He did something Donald Trump could never do: He put his country over ego, ambition, and pride. He bowed out with grace and dignity. He gave us Kamala Harris.
Presidents don’t want to bow out. Both Richard Nixon and Lyndon Johnson had to be shoved out of office. Biden was not forced out. He did nothing wrong. His problem is that he was old and losing some of the capacities that dwindle with old age.
Even among people who are not president, old age inevitably triggers denial. How many elderly people do you know who accept that they can’t do the things they used to do or think they should be able to do? How many willingly give up the keys to their car? It’s not surprising he resisted.
Yet Biden cares about America and was aware of the damage a second Trump administration could do to this nation, and to the world. Biden’s patriotism won out over any denial or wounded pride or false sense of infallibility or paranoia.
For this and much else, we thank you, Joe.
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The learned helplessness of Pete Buttigieg
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The apocalyptic airline meltdown over the Christmas break stranded thousands of Americans, ruining their vacations and costing them a fortune in unexpected fees. It wasn't just Southwest Airlines' meltdown, either - as stranded fliers sought alternatives, airlines like AA raised the price of some domestic coach tickets to over $10,000.
This didn't come out of nowhere. Southwest's growth strategy has seen the airlines add more planes and routes without a comparable investment in back-end systems, including crew scheduling systems. SWA's unions have spent years warning the public that their employer's IT infrastructure was one crisis away from total collapse.
But successive administrations have failed to act on those warnings. Under Obama and Trump, the DoT was content to let "the market" discipline the monopoly carriers, though both administrations were happy to wave through anticompetitive mergers that weakened the power of markets to provide that discipline. Obama waved through the United/Continental merger and the Southwest/AirTran merger, while Trump waved through Virgin/Alaska.
While these firms were allowed to privatize their gains, Uncle Sucker paid for their losses. Trump handed the airlines $54 billion in covid relief, which the airlines squandered on stock buybacks and executive bonuses, while gutting their own employee rosters with early retirement buyouts:
https://www.bloomberg.com/opinion/articles/2020-05-04/airlines-got-the-sweetest-coronavirus-bailout-around
Incredibly, the airlines got even worse under the Biden administration. In the first six months of 2022, US airlines cancelled more flights than they had in all of 2021, while the airlines increased their profits by 45% - and kept it, rather than using it to pay back the $10b in unpaid refunds they owed to fliers:
https://www.economicliberties.us/press-release/economic-liberties-releases-model-legislation-to-eliminate-airlines-liability-shield/
Dozens of state attorneys general - Republicans and Democrats - wrote to Transportation Secretary Pete Buttigieg, begging him to take action on the airlines. After months without action, they wrote again, just days before the Christmas meltdown:
https://www.levernews.com/state-officials-warned-buttigieg-about-airline-mess/
For his part, Secretary Buttigieg claimed he was doing all he could, trumpeting the order to refund fliers as evidence of his muscular regulatory approach (recall that these refunds have not been paid). He assured Americans that the situation "is going to get better by the holidays."
https://www.youtube.com/watch?v=6FlD6fHq8-g&t=145s
But the numbers tell the tale. Under Buttigieg, the DOT "issued fewer enforcement orders in 2021 than in any single year of the Trump and Obama administrations."
https://www.economicliberties.us/press-release/economic-liberties-releases-model-legislation-to-eliminate-airlines-liability-shield/
As the crisis raged, enraged fliers and opponents of unchecked corporate power blamed Buttigieg. So did opportunistic, bad-faith Republicans looking to score political points. The "liberal" media lumped all this criticism together, insisting that Buttigieg had done everything in his power and declaring it unreasonable to expect the Transport Secretary to prevent transportation catastrophes:
https://www.levernews.com/the-partisan-ghost-in-the-media-machine/
Buttigieg's defenders trotted out a laundry list of excuses for the failure, ranging from the nonsensical to the implausible to the contradictory - Pete's Army continued to claim that the aviation meltdown was the weather's fault, even after Buttigieg himself went on national TV to say this wasn't the case:
https://twitter.com/GMA/status/1608075800254767105?s=20&t=wmaJq3OWU0r0e6TS9V-9sA
Buttigieg is the Secretary of a powerful administrative agency, and as such, he has broad powers. Neither he nor his predecessors have had the courage to wield that power, all of them evincing a kind of learned helplessness in the face of industry lobbying. But there is a difference between being powerless and acting powerless.
To see what a fully operational battle-station looks like, cast your eye upon Lina Khan, chair of the FTC, another agency that has a long history of dormancy in the face of corporate power, but which Khan has transformed - not through ideology, but through competence. Khan - and her fellow Biden administration trustbusters Jonathan Kantor and the recently departed Tim Wu - have an encyclopedic knowledge of their powers, and they haven't been shy about using them:
https://pluralistic.net/2022/10/18/administrative-competence/#i-know-stuff
Over the Christmas break, even as the airline industry was stranding Americans far from their families, Khan proposed a rule to ban noncompete agreements, which are widely used to prevent low-waged workers like fast-food cashiers from quitting their jobs and seeking better pay from competitors:
https://mattstoller.substack.com/p/antitrust-enforcers-to-ban-indentured
These are, as Matt Stoller writes, a form of indentured servitude, used by private equity crooks to lock in their workforces. "30% of hair stylists works under a non-compete, as do 45% of family physicians." Noncompetes destroy the livelihoods of workers who start their own businesses, too: "One comment to the FTC came from a graphic designers for signage who was bankrupted by a lawsuit from her control-hungry former boss and a small town judge":
https://www.regulations.gov/comment/FTC-2019-0093-0015
Noncompetes are a scourge, and there should be bipartisan agreement on this. If you're a Democrat who believes in labor rights, noncompetes are manifestly unfair. But that's also true if you're a Republican who believes in competition and the power of entrepreneurship.
Nevertheless, noncompetes have trundled on, with neither Congress nor the administrative branch showing the courage to act - until now. Khan's proposed rule bypasses Congressional inaction by invoking powers that she already has, under Section 5 of the Federal Trade Commission Act.
Section 5 gives the FTC broad powers to prohibit "unfair methods of competition" - an incredibly broad power to wield, and one that the FTC hasn't bothered to use since the 1970s (!):
https://casetext.com/case/national-petroleum-refiners-assn-v-f-t-c
Which brings me back to Secretary Buttigieg and the airlines. Because Chair Khan isn't the only federal regulator with these broad powers. As David Dayen writes for The American Prospect, "the Department of Transportation has the exact same authority":
https://prospect.org/infrastructure/transportation/ftc-noncompete-airline-flight-cancellation-buttigieg/
Under USC40 Section 41712(a), Buttigieg has the power to unilaterally ban transportation industry practices that are "unfair and deceptive" or "unfair methods of competition." Per the DOT's own guidance, this provision is "modeled on Section 5 of the Federal Trade Commission Act":
https://www.govinfo.gov/content/pkg/USCODE-2020-title49/pdf/USCODE-2020-title49-subtitleVII-partA-subpartii-chap417-subchapI-sec41712.pdf
The are a lot more recent examples of the DOT using this power than there are of the FTC using its Section 5 authority, like the Tarmac Delay Rule. But as Robert Kuttner writes, the airlines reneged on their end of the $54b bailout, slashing staffing levels and failing to invest in IT modernization - examples of the "unfair and deceptive" practices that the DOT could intervene to prevent:
https://prospect.org/infrastructure/transportation/ftc-noncompete-airline-flight-cancellation-buttigieg/
As Dayen writes, "The definition of 'deceptive' is 'likely to mislead a consumer, acting reasonably under the circumstances.' If the airline scheduled a flight, took money for the flight, and knew it would have to cancel it (or, if you prefer, knew it would have to cancel some flights, all of which it took money for), that seems plainly deceptive."
This is the same authority that Buttigieg used to fine 5 non-US airlines (and Frontier, the tiny US carrier that flies 2% of domestic routes) for cancelling their flights - his signature achievement to date. But as Dayen points out, this authority isn't limited to taking action after the fact.
The DOT can - and should - act before Americans' flights are canceled. It can use its authority under 41712(a) to "say that the cancellation itself is an unfair and deceptive practice and issue a fine for each canceled flight." It could "promulgate a rule saying that cancellations due to insufficient crews, or due to dysfunctional computer scheduling systems, are unfair and deceptive, with stiff fines for each violation."
Both of these were within Buttigieg's power months ago, when the State AGs begged him to take action to prevent the mounting epidemic of cancellations. Both of these are within his power now. Heads of federal agencies are among the most powerful people in the world and they can use that power to materially improve the lives of the American people.
Just ask Lina Khan.
Image: Gage Skidmore (modified) https://www.flickr.com/photos/gageskidmore/49560191032
CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0/
[Image ID: A vector drawing of a man slumped at a desk with his face on his laptop. The man's face has been replaced with that of Transport Secretary Pete Buttigieg. He has a DOT logo on his shoulder. There are also DOT logos on a coffee-cup on the desk and behind the desk, on the wall.]
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Pat Bagley, Salt Lake Tribune
* * * *
LETTERS FROM AN AMERICAN
January 19, 2024
HEATHER COX RICHARDSON
JAN 19, 2024
President Joe Biden today signed the continuing resolution that will keep the government operating into March.
Meanwhile, the stock market roared as two of the three major indexes hit new record highs. The S&P 500, which measures the value of 500 of the largest companies in the country, and the Dow Jones Industrial Average, which does the same for 30 companies considered to be industry leaders, both rose to all-time highs. The third major index, the Nasdaq Composite, which is weighted toward technology stocks, did not hit a record high, although its 1.7% jump was higher than that of the S&P 500 (1.2%) or the Dow (1.1%).
Investors appear to be buoyed by the fact the rate of inflation has come down in the U.S. and by news that consumers are feeling better about the economy. A report out today by Goldman Sachs Economics Research noted that consumer spending is strong and predicted that “job gains, positive real wage growth, will lead to around 3% real disposable income growth” and that “household balance sheets have strengthened.” It also noted that “[t]he US has led the way on disinflation,” and it predicted further drops in 2024. That will likely mean the sort of interest rate cuts the stock market likes. 
The economic policies of the Biden-Harris administration have also benefited workers. The unemployment rate has been under 4% for more than two years, and wages have risen higher than inflation in that same period. Production is up as well, to 4.9% in the third quarter of 2023 (the U.S. growth rate under Trump even before the pandemic was 2.5%). 
The administration has worked to end some of the most obvious financial inequities in the U.S., such as the unexpected “junk fees” tacked on to airline or concert tickets, or to car or apartment rentals. On Wednesday the Consumer Financial Protection Bureau announced a proposed rule for bank overdraft fees at banks that have more than $10 billion in assets. 
While banks now can charge what they wish if a customer’s balance falls below zero, the proposed rule would allow them to charge no more than what it cost them to break even on providing overdraft services or, alternatively, an industry-wide fee that reflects the amount it costs to deal with overdrafts: $3, $6, $7, or $14. The amount will be established after a public hearing period.
Ken Sweet and Cora Lewis of the Associated Press note that while the average overdraft is $26.61, some banks charge as much as $39 per overdraft. The CFPB estimates that in the past 20 years, banks have collected more than $280 billion in overdraft fees. (One bank’s chief executive officer named his boat “Overdraft.”) Over the past two years, pressure has made banks cut back on their fees and they now take in about $8 billion a year from those overdraft fees. 
Bankers say regulation is unnecessary and will force them to end the overdraft service, pushing people out of the banking system. Biden said that the rule would save U.S. families $3.5 billion annually. 
The administration has also addressed the student loan crisis by reexamining the loan histories of student borrowers. An NPR investigation led by Cory Turner revealed that banks mismanaged loans, denying borrowers the terms under which they had signed on to them. Rather than honoring the government’s promise that so long as a borrower paid what the government thought was reasonable on a loan for 20 or 25 years (undergrad or graduate), the debt would be forgiven, banks urged borrowers to put the loan into “forbearance,” under which payments paused but the debt continued to accrue interest, making the amount balloon. 
The Education Department has been reexamining all those old loans to find this sort of mismanagement as well as other problems, like borrowers not getting credit for payments to count toward their 20 years of payments, or borrowers who chose public service not receiving the debt relief they were promised.
Today the administration announced $4.9 billion of student debt cancellation for almost 74,000 borrowers. That brings the total of borrowers whose debt has been canceled to 3.7 million Americans, with an erasure of $136.6 billion. Nearly 30,000 of today’s relieved borrowers had been in repayment for at least 20 years but never got the relief they should have; nearly 44,000 had earned debt forgiveness after 10 years of public service as teachers, nurses, and firefighters.
Biden has been traveling the country recently, touting how the economic policies of the Biden-Harris administration have benefited ordinary Americans. In Emmaus, Pennsylvania, last Friday he visited a bicycle shop, a running shoe store, and a coffee shop to emphasize how small businesses are booming under his administration: in the three years since he took office, there have been 16 million applications to start new businesses, the highest number on record.
Biden was in Raleigh, North Carolina, yesterday to announce another $82 million in support for broadband access, bringing the total of government infrastructure funding in North Carolina during the Biden administration to $3 billion.  
On social media, the administration compared its investments in the American people to those of President Franklin Delano Roosevelt’s New Deal in the 1930s, which were enormously popular. 
They were popular, that is, until those opposed to business regulation convinced white voters that the government’s protection of civil rights, which came along with its protection of ordinary Americans through regulation of business, provision of a basic social safety net, and promotion of infrastructure, meant redistribution of white tax dollars to undeserving Black people.
The same effort to make sure that ordinary Americans don’t work together to restore basic fairness in the economy and rights in society is visible now in the attempt to attribute a recent Boeing airplane malfunction, in which a door panel blew off mid-flight, to diversity, equity, and inclusion (DEI) efforts. Tesnim Zekeria at Popular Information yesterday chronicled how that accusation spread across the right-wing ecosystem and onto the Fox News Channel, where Fox Business host Sean Duffy warned: “This is a dangerous business when you’re focused on DEI and maybe less focused on engineering and safety.” 
As Zekeria explains, “this narrative has no basis in fact.” Neither Boeing nor its supplier, Spirit AeroSystems, is particularly diverse, either at the workforce level, where minorities make up 35% of Boeing employees and 26% of those at Spirit AeroSystems, or on the corporate ladder, where the overwhelming majority of executives are white men. Zekeria notes that right-wing media figures have also erroneously blamed last year’s train derailment in Ohio and the collapse of the Silicon Valley Bank on DEI initiatives.
The real culprit at Boeing, Zekeria suggests, was the weakened regulations on Boeing and Spirit thanks to more than $65 million in lobbying efforts.
Perhaps an even more transparent attempt to keep ordinary Americans from working together is the attacks former Fox News Channel personality Tucker Carlson has launched against Vice President Kamala Harris, calling her “a member of the new master race” who “must be shown maximum respect at all times, no matter what she says or does.” Philip Bump of the Washington Post noted yesterday that this construction suggests that Harris, who identifies as both Black and Indian, represents all nonwhite Americans as a united force opposed to white Americans. 
But Harris’s actions actually represent something else altogether. She has crossed the country since June 2022, when the Supreme Court overturned the 1973 Roe v. Wade decision that recognized the constitutional right to abortion, talking about the right of all Americans to bodily autonomy. That the Supreme Court felt able to take away a constitutional right has worried many Americans about what they might do next, and people all over the country have been coming together in opposition to the small minority that appears to have taken over the levers of our democracy. 
Driving the wedge of racism into that majority coalition seems to be a desperate attempt to stop ordinary Americans from taking back control of the country.  
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
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mariacallous · 10 months
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Amazon deliveries could be headed for some turbulence in the new year. Pilots for US-based Air Transport International, a cargo airline that ferries Amazon packages from its fulfillment centers to airports nearer to its customers, voted to authorize a strike last month. During the three and a half years the union has been negotiating with ATI, wages in the industry have soared, and ATI’s pilots complain that their pay has fallen behind. Meanwhile, they say ATI is facing record attrition as pilots jump ship to better-paying carriers.
A strike could throw a wrench in Amazon’s logistics network. ATI, owned by holding company ATSG, operates half of the 80 US aircraft currently in service for Amazon, according to an estimate by Planespotters. But the pilots, who are represented by the Air Line Pilots Association union, can’t walk out until at least next year.
Federal law requires airline labor disputes to be mediated by the US government’s National Mediation Board, which will implement a 30-day cooling-off period if it determines the parties have reached an impasse and they refuse arbitration. If a resolution isn’t reached during that time, the pilots can walk off the job or the airline can lock them out. Some 98 percent of ATI’s 640 pilots participated in the vote and only one didn’t vote to authorize the strike.
Amazon outsources the operation of its air service, which it calls Amazon Air, to a small network of cargo airlines whose pilots fly Amazon-branded planes. In the US alone, they collectively operate more than 330 daily flights for Amazon between more than 50 airports, according to the logistics consultancy MWPVL International.
Most airlines that work with Amazon also devote a large share of their businesses to transporting cargo for other customers, including DHL and the US military. In recent years, ATI has gone all-in on the retailer, however. Amazon deliveries now comprise 94 percent of ATI’s flying hours, according to the pilots’ union, making the company and its workers dependent on the ecommerce giant.
ATI’s pilots’ union says that more than a third of the airline’s pilots have left so far this year, after 27 percent of them departed last year. The union says 42 percent of its pilots are currently on probation, meaning they’re in their first year of service. “We’re watching our carrier disintegrate,” says Mike Sterling, chair of the ATI pilots’ union.
The pilots’ union says they have delivered a 98 percent on-time performance rate, but the rapid turnover and declining experience levels are threatening that. “This market is highly competitive, and ATSG is diminishing its ability to provide quality service to Amazon,” says Sterling. “We think this is a conversation that needs to be had between all three parties.” Amazon and ATI did not respond to requests for comment. During an earnings call in May, ATSG’s former CEO said that ATI’s service quality remained outstanding, but acknowledged that training replacements for departing pilots had raised costs for the airline.
When the pilots’ union negotiated a contract with the company in 2018, pilots’ pay, benefits, and schedules were competitive with similar airlines, says Josh Hoy, a captain who started at the airline seven years ago. He initially looked at the job as just a stepping stone but decided to stick around when ATI’s relationship with Amazon took off. “It was a really exciting time, being on the ground floor of that kind of growth,” he says. “I started to have the conversation with my wife and said, ‘I think this might be the place to stay.’”
However, “as time went on, we’ve fallen far behind,” Hoy says. ATI’s union says its pilots are paid less on an hourly basis than those at all of Amazon’s seven other carriers. “We operate under the same rules, in the same airspace, on the exact same routes. The airplanes cost the exact same to operate,” says Hoy. “Everything is exactly the same, except for our pay.”
No Fondness for Labor
Amazon generally goes to great lengths to avoid engaging with unions and to deter its employees or those who work for its contractors from joining them. The company spent the last year and a half unsuccessfully challenging the first and only union victory at a US Amazon warehouse. When employees of a delivery contractor in Southern California unionized earlier this year, Amazon refused to jointly bargain with the workers and terminated its agreement with the contractor. “Amazon has not demonstrated a real fondness for labor,” Sterling acknowledges. “I would love to change that narrative with them.”
The last and only time Amazon faced a strike by one of its air carriers was in 2016, during the early days of its air cargo operation, when 250 pilots for ABX Air walked off the job. A judge deemed the strike illegal, however, and ordered the pilots back to work the following day. Nonetheless, a former Amazon Air employee told WIRED last year that Amazon suspended its business with ABX for several weeks after the strike ended to demonstrate the relative power it held in the relationship, which soon soured.
ATI’s pilots are taking a less antagonistic tone in hopes of bringing Amazon to the negotiating table. “What we don’t want to do is affect our customers,” says Sterling. “We’ve done a lot to protect our obsession with Amazon.” However, he says the intransigence of ATSG’s management has left the pilots with no choice but to call a strike.
“This side of Amazon’s network is the most vulnerable to labor strikes,” says Marc Wulfraat, president of logistics consultancy MWPVL. If drivers or warehouse workers strike, the company can shift the flow of products and packages to one of its many nearby warehouses, but airports are fewer in number and farther apart.
Amazon could compensate for a walkout at ATI by shifting volume to other air carriers under the Amazon Air umbrella, but only if they have the capacity to handle the influx at all of the airports. It could also transport some of its packages by truck instead, which it did during the brief 2016 strike. However, this could result in slower shipping times and reduced service, says Wulfraat, which flies in the face of Amazon’s mantra of customer obsession.
Pilots also have the advantage of being generally in a strong position across the airline industry. “It’s still a very, very hot job market” for pilots, says Geoff Murray, a partner who works on aerospace at management consultancy Oliver Wyman. Plummeting demand for passenger pilots during the pandemic sent many into early retirement, worsening an existing pilot shortage that got more acute as the industry bounced back. Wages have soared. Oliver Wyman estimates that captains’ pay at the US mainline carriers, such as Delta and UPS, has increased 46 percent since 2020, while regional carriers have increased pay by 86 percent.
Pilot Drew Patterson came to ATI in 2021, attracted by the work-life balance the airline offered, but as the carrier lost pilots, he has seen his workload creep up and his schedule become more unpredictable. With fewer crews to operate the same number of flights, “everybody else's schedule gets compressed,” he says. “Sometimes you can be away from home for a long time.”
Long-term, he thinks Amazon’s continued growth should be a good thing for ATI and its employees, so he’s been willing to stick it out. But he’s not so sure all of his colleagues will feel the same about current conditions at the company.
“All of this has a real house-of-cards feeling to it,” says Sterling. “We just can’t sustain what we’re doing.”
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rideboomindia · 10 months
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Describe how RideBoom company becomes a $100M revenue business.
Becoming a $100 million revenue business requires a combination of strategic planning, effective execution, and various factors contributing to business growth. While I can provide a general outline of the possible steps and factors that could contribute to RideBoom's revenue growth, please note that specific details and circumstances may vary.
Market Expansion: RideBoom would need to expand its operations to new cities and regions, tapping into untapped markets. By entering new markets and gaining a significant market share, RideBoom can increase its customer base and revenue potential.
User Acquisition and Retention: RideBoom would focus on acquiring new users through targeted marketing campaigns, referral programs, and partnerships. Additionally, providing excellent customer service, personalized experiences, and loyalty programs can help retain existing users, leading to repeat business and increased revenue.
Service Diversification: Expanding the range of services offered by RideBoom can attract a broader customer base and increase revenue streams. This could include introducing premium or luxury ride options, delivery services, corporate transportation solutions, or partnerships with other businesses for integrated services.
Pricing Strategies: Implementing dynamic pricing models based on market demand, time of day, and other factors can optimize revenue generation. Surge pricing during peak hours or special events can help increase revenue per ride.
Partnerships and Integration: Collaborating with other businesses such as hotels, airlines, event organizers, or ride-sharing platforms can create mutually beneficial partnerships and increase revenue opportunities through cross-promotion and integrated services.
Technology and Efficiency: Investing in technology infrastructure, data analytics, and optimization tools can improve operational efficiency, reduce costs, and enhance the overall customer experience. This can lead to increased customer satisfaction and higher revenue potential.
Driver and Fleet Management: Efficient management of the driver network and fleet can contribute to cost control and operational scalability. Ensuring a sufficient supply of drivers, implementing driver incentives programs, and optimizing vehicle utilization can positively impact revenue generation.
International Expansion: Exploring opportunities for international expansion can further diversify RideBoom's revenue sources and tap into new markets with high growth potential.
Continuous Innovation: Staying ahead of the competition by continuously innovating and introducing new features, technologies, or services can attract customers and generate additional revenue streams.
Strategic Financing: Securing strategic investments or partnerships, and effectively managing finances and expenses, can provide the necessary resources for growth and scalability.
It's important to note that these are general strategies, and the actual path to achieving $100 million in revenue would depend on RideBoom's specific market conditions, competitive landscape, and execution of its business strategies.
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WestJet will wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business within two years as part of a strategy to streamline operations amid fierce competition. The move, announced in an internal memo obtained by The Canadian Press, has raised questions among some industry observers about the impact on airfares and travellers' flight options. Sunwing Airlines president Len Corrado said in the memo the change will open up markets for the 18-year-old company as well as its workers. "WestJet will eventually move to a one jet aircraft operating certificate (AOC) model and Sunwing Airlines will be integrated into WestJet. This is a long-term move that will unlock greater scale and growth opportunities for our people, and specifically for our airline employees within the group," Corrado said in the memo, dated Wednesday. [...]
Continue Reading.
Tagging: @politicsofcanada
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brondingsloan · 6 months
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[Image Generated using DALL - E]
Reflecting on the case and the marketing strategies of Corona and Heineken reveals a tale of two varied approaches, each with its unique implications in the competitive landscape of the beer market.
As I read the case- I kept comparing the dynamic nature of advertising and selling beer in the US. Having grown up in India- the nature of ads from alcohol companies were very different. My reflection highlights some of the areas where regulatory frameworks lead to innovative marketing tactics such as surrogate advertising.
Finally- I could not help but wonder what the impact of the pandemic was on a brand like Corona (for obvious reasons). I remember listening to a podcast back in the day about the ultimate positive effect the pandemic had on beer consumption in the US, and my final point covers that.
Corona and Heineken's Divergent Paths Corona’s growth in the U.S. market, challenging Heineken's long-standing dominance, serves as an example of how brand imagery and lifestyle alignment can reshape market dynamics. While Heineken has promoted its brand as a premium quality, heritage, and sophisticated one, Corona adopted a different strategy. Its marketing campaigns evoked a sense of relaxation, escapism, and the simple pleasures of life, epitomized by the iconic image of a lime-wedged bottle on a sun-drenched beach.
The Indian Context: Surrogate Marketing Turning to the Indian market, where direct advertising of alcoholic beverages is prohibited, brands have resorted to surrogate marketing to make their presence felt in the consumers' minds. Companies promote products that share the brand name with the alcoholic beverage, such as music CDs, water, or even airlines, thereby maintaining brand recall.
For long, some of the funniest and most memorable ads, usually came from such brands. This strategy, while requiring creativity and indirect messaging, highlights the complex interplay between regulatory environments and marketing innovation, allowing brands to build a presence in a market with strict advertising restrictions. (Alcohol brand selling "Music CDs": https://www.youtube.com/watch?v=9zhozmQCDYg&pp=ygUdbWVuIHdpbGwgYmUgbWVuIGltcGVyaWFsIGJsdWU%3D)
Lately, many brands have launched zero-alcohol products, using these as surrogates to gain market popularity. Heineken was definitely the winner in the Indian market – from my recollection, I never saw a Corona ad.
Any publicity is good publicity? - True for Corona!
The COVID-19 pandemic presented unique challenges particularly for a brand like Corona, given the unfortunate name association. Despite initial setbacks and market confusion (with rumors rife with association to the virus), Corona's marketing strategy demonstrated resilience and adaptability. Research suggested that the brand's visibility and consumer loyalty contributed to this growth, with each new COVID-19 case seemingly boosting Corona's sales by $5.30 weekly compared to other major beer brands. The article mentioned that Corona beer gained "accidental popularity" due to its name's association with the coronavirus, driving increased attention and sales during the pandemic​. Link to article: https://www.marketplace.org/2022/12/30/how-did-the-pandemic-affect-the-corona-beer-brand/
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narwatharsh01 · 7 months
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Tourism Market: Trends, Growth, and Industry Players
Introduction
The global tourism market is a dynamic sector that continually evolves in response to changing consumer preferences, technological advancements, and global events. As we delve into the current landscape, it is crucial to explore the tourism market size, growth patterns, industry trends, and key players that shape the sector's trajectory.
Tourism Market Size and Growth
The tourism market has witnessed remarkable growth over the past decade. According to the latest data the global international tourist arrivals reached 1.5 billion in 2022, marking a 4% increase from the previous year. The tourism industry's robust growth is attributed to factors such as increased disposable income, improved connectivity, and a growing middle class in emerging economies.
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The COVID-19 pandemic, however, significantly impacted the industry in 2020 and 2021. International tourist arrivals plummeted by 74% in 2020, representing the largest decline in the industry's history. As the world recovers from the pandemic, tourism is experiencing a resurgence. The UNWTO estimates that international tourist arrivals will surpass pre-pandemic levels by 2023, emphasizing the sector's resilience.
Tourism and Hospitality Industry Trends
The tourism and hospitality industry is undergoing transformative changes driven by technological advancements and shifting consumer behaviors. One notable trend is the rise of sustainable tourism. Travelers are increasingly prioritizing destinations and businesses that adopt eco-friendly practices. Hotels, airlines, and tour operators are responding by implementing sustainable initiatives to meet the demands of environmentally conscious travelers.
Another trend shaping the industry is the integration of technology. From mobile apps for seamless bookings to virtual reality experiences, technology is enhancing the overall travel experience. The use of artificial intelligence and big data analytics is also becoming prevalent, enabling businesses to personalize services, predict consumer preferences, and optimize operations.
Tourism Industry Players
The tourism market is comprised of a diverse range of players, including governments, international organizations, tour operators, airlines, hotels, and online travel agencies (OTAs). Notable industry players such as Airbnb, Expedia, and Booking. com have disrupted traditional hospitality models, offering travelers a wide array of accommodation options and personalized experiences.
Governments play a crucial role in shaping the tourism landscape through policies, infrastructure development, and destination marketing. Collaborations between public and private sectors are essential to foster sustainable growth and address challenges such as over-tourism and environmental impact.
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Tourism Market Analysis
A comprehensive analysis of the tourism market involves assessing key factors such as market dynamics, competitive landscape, and regulatory environments. The Asia-Pacific region has emerged as a powerhouse in the tourism sector, with countries like China, India, and Japan experiencing substantial growth. In contrast, established destinations in Europe and North America continue to attract millions of tourists annually.
The post-pandemic recovery has prompted a shift in travel preferences, with a surge in demand for domestic and outdoor experiences. Travelers are seeking off-the-beaten-path destinations, contributing to the diversification of the tourism market.
Travel and Tourism Industry Outlook
Looking ahead, the outlook for the travel and tourism industry is optimistic. The industry is expected to rebound strongly, driven by pent-up demand, increased vaccination rates, and the easing of travel restrictions. The global tourism market is projected to reach $11.38 trillion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
In conclusion, the tourism market is a vibrant and resilient sector that continues to adapt to changing circumstances. Understanding the market size, growth trends, industry players, and emerging dynamics is crucial for stakeholders navigating the evolving landscape. As the world reopens for travel, the industry's ability to innovate and embrace sustainable practices will play a pivotal role in shaping its future success.
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panache-academy · 7 months
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Unlock Sky-High Careers: Elevate Your Path from BBA to Aviation Success
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Embarking on a career in aviation after completing a Bachelor’s in Business Administration (BBA) holds immense potential for those seeking dynamic and rewarding opportunities. By strategically combining the foundational knowledge acquired through a BBA program with specialized aviation training, individuals can position themselves for remarkable career growth and job placement within the aviation industry. In this comprehensive guide, we delve into ten key strategies to maximize your chances of securing employment in aviation following BBA, highlighting the synergy between business acumen and aviation expertise.
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Understanding the Landscape:Before diving into specifics, it’s crucial to grasp the dynamics of the aviation industry and how it intersects with your BBA degree. Aviation is a vast field encompassing various sectors like airlines, airports, aerospace manufacturing, and more.
Complementary Skill Set:Your BBA background equips you with essential business skills such as management, finance, marketing, and organizational behavior. These skills are highly transferable and sought-after in the aviation industry, particularly in roles like airport management, airline operations, and aviation consulting.
Specialized Aviation Training:Pursuing aviation-specific training after BBA enhances your employability by providing industry-specific knowledge and skills. Look for reputable aviation training programs that offer certifications or diplomas in areas like aviation management, airport operations, aviation safety, or air traffic control.
Internship Opportunities:Seek internships during your aviation training to gain practical experience and network with industry professionals. Internships provide valuable insights into the day-to-day operations of aviation companies and can often lead to full-time employment opportunities.
Industry Connections:Leverage your BBA network and university connections to explore internship and job opportunities within the aviation sector. Attend industry events, job fairs, and networking sessions to expand your professional network and learn about potential job openings.
Tailored Resume and Cover Letter:Customize your resume and cover letter to highlight how your BBA background and aviation training make you an ideal candidate for aviation roles. Emphasize relevant coursework, internships, certifications, and any aviation-related projects or experiences.
Professional Development:Continuously invest in your professional development by staying updated on industry trends, regulations, and technologies. Consider pursuing additional certifications or advanced degrees in specialized areas of aviation to further enhance your credentials and marketability.
Soft Skills Enhancement:Alongside technical skills, emphasize the development of soft skills such as communication, teamwork, leadership, and problem-solving. These skills are highly valued in the aviation industry and can set you apart from other candidates during job interviews and assessments.
Job Search Strategies:Utilize online job portals, industry-specific websites, and professional networking platforms to search for job opportunities in the aviation sector. Actively engage with aviation industry groups and forums to stay informed about job openings and industry developments.
Persistence and Adaptability:Landing a job in the aviation industry may require persistence and adaptability, especially in a competitive job market. Stay resilient, keep refining your skills, and be open to exploring different avenues within the aviation sector to maximize your chances of securing employment.
In conclusion, by leveraging your existing skills, pursuing relevant training, gaining practical experience through internships, and actively networking within the industry, you can position yourself as a competitive candidate for various roles in aviation management, operations, and beyond.
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absurdlakefront · 11 months
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http://archive.ph/https://www.nytimes.com/2023/10/10/magazine/stale-culture.html
I am asking a different and peskier question: why cultural production no longer progresses in time as it once did.
I have a few theories, but one to start with is that the modernist cultural explosion might very well have been like the growth of the economy more generally: not the perpetual forward march we were promised in the 20th century, but a one-time-only rocket blast followed by a long, slow, disappointing glide. As the economist Robert Gordon has shown, the transformative growth of the period between 1870 and 1970 — the “special century,” he calls it — was an anomalous superevent fueled by unique and unrepeatable innovations (electricity, sanitation, the combustion engine) whose successors (above all information technology) have not had the same economic impact. In the United States, the 2010s had the slowest productivity growth of any decade in recorded history; if you believe you are living in the future, I am guessing you have not recently been on United Airlines. In this macroeconomic reading, a culture that no longer delivers expected stylistic innovations might just be part and parcel of a more generally underachieving century, and not to be tutted at in isolation.
But more than the economics, the key factor can only be what happened to us at the start of this century: first, the plunge through our screens into an infinity of information; soon after, our submission to algorithmic recommendation engines and the surveillance that powers them. The digital tools we embraced were heralded as catalysts of cultural progress, but they produced such chronological confusion that progress itself made no sense. “It’s still one Earth,” the novelist Stacey D’Erasmo wrote in 2014, “but it is now subtended by a layer of highly elastic non-time, wild time, that is akin to a global collective unconscious wherein past, present and future occupy one unmediated plane.” In this dark wood, today and yesterday become hard to distinguish. The years are only time stamps. Objects lose their dimensions. Everything is recorded, nothing is remembered; culture is a thing to nibble at, to graze on.
....
We have every ability to live in a culture of beauty, insight, surprise, if we could just accept that we are no longer modern, and have not been for a while; that somewhere in the push and pull of digital homogeneity and political stasis we entered a new phase of history. We have been evading our predicament with coping mechanisms and marketing scams, which have left all of us disappointedly asking, What’s new? Surely it would be healthier — and who knows what might flower — if we accepted and even embraced the end of stylistic progress, and at last took seriously the digital present we are disavowing. 
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FLY UAE FLY
Brief Summary
Emirates is the largest airline in the United Arab Emirates (UAE) and one of the world's most prominent and well-known airlines. Emirates was founded in 1985 and is owned by the government of Dubai's Investment Corporation of Dubai. It began with just two aircraft and has since grown into a global aviation giant. Over the years, Emirates has received numerous awards for its quality of service, including recognition for its in-flight entertainment, cabin service, and overall passenger experience.  Fly Emirates has been profitable every year for the past 10 years, except for 2020, when the COVID-19 pandemic caused a significant decline in air travel.
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TASK IN HAND
Fly Emirates is one of the best airlines in the world but not the best. Prepare a detailed report of minimum of 35 pages and maximum of 45 pages explaining your plans and strategies in making the airline the absolute best airline in the world given that an aviation business is one of the most expensive and yet one of the least profitable businesses in the world; expensive aircrafts costs, high labour costs and most importantly, ever changing oil prices. Also covers the following derivatives.
History and growth of the Airline. (Detailed)
Business Model (Detailed)
Market Share and Competitor Edge
Legal, Social and Business Issues
Cost Management (Importance on Employees & Fuel) (Detailed)
Employee/ Labour Management
Marketing Strategies (including STP & SWOT Analysis)
Strategies to Global Dominance
USP/Advantages (Detailed)
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BMT, what do you think of the capitalistic "exponential growth" mindset that Bang PD touted in his CNN interview? Do you think that cultural products can be so easily marketed like tech devices or other "hard" products? Is there really demand for kpop if the growth is slowing? It's much harder to market music than a laptop or a car imo.
Well, as you said, it's a cultural product, emphasis on product. That's definitely the companies' perspective and a significant component of the industry. Pop music or K-pop in this case is made in such a way that can be marketed. In Bang PD's vision, the product needs to be heavily exported and he's being bullish on Western markets. Domestic success is but one component that somehow is not enough. I think he does want a type of K-Pop supremacy on an international scale and he believes is doable thanks to the BTS model because it proved to be successful. Except that specific formula, even if recreated and marketed, cannot automatically work in all cases. There's an element of chance, of being there at the right time and at the right place. BTS became the perfect example of commercial success because it's somehow situated in the middle. It's easily accesible and digestible in order to reach and create a big fandom. The reliance on personality and social media outlets and media contents contributed to that.
Do I think his vision could work? Not really. He said he's not a Caesar, but he did come across as a megalomaniac in the interview. He wants it all and he wants to be the one to do it. Some have said that albums and concert tickets sales are not actually markers of growth for the k-pop industry and that indeed, it slowed down and how it's not at the level of impact latin music and afro beats currently have. That may be so, but I didn't do any in depth research on this.
But what does stand out is the fact that I see a sort of self colonizing mindset here which gets a bit more complicated due to SK's political and occupational history, particularly the American influence. There's a hint of inferiority compared to the Western market and it ends up being seen as an ideal, which in turn should become the ideal for K-Pop as well. At least that's how I interpreted the interview he gave.
The need for monopoly and to only have one big representative in each industry (think of phones, cars and airlines) now has reached the music industry. What Bang PD is saying is through the perspective of globalization. A process that post-pandemic/in coming recession seems to have suffered a shift. If commerce is now focused in more local spaces due to economic woes, cultural trades are not that heavily affected because there is no reason to. Pop culture can still be exported, including K-Pop in this case. It has always been like that, except now we're seeing a more aggresive push towards that. And Bang PD wants it to come from one big source.
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ilam-india · 1 year
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Indian Government's Focus on Expanding Regional Connectivity Expected to Boost Aviation industry Jobs?
The Indian aviation industry has been witnessing unprecedented growth in recent years, with the Indian government focusing on expanding regional connectivity by launching new airports and routes across the country. This move is expected to have a significant impact on the aviation industry in India, leading to the creation of new job opportunities in aviation management.
The expansion of regional connectivity is a game-changer in the Indian aviation industry. It is not only creating new opportunities for airlines but also for individuals who want to build a career in aviation management. With the development of new airports and the launch of new routes, there is a growing need for aviation management professionals with Degrees like a BBA in Aviation Management, MBA in Aviation Management, and Airport Management who can oversee the planning, development, and operations of these facilities. The roles in aviation management include airport manager, air traffic controller, ground operations manager, and aviation consultant, among others.
The expansion is also expected to create an environment of competition in the aviation industry. With the launch of new routes and airports, airlines are competing for market share, leading to an increase in demand for skilled and knowledgeable aviation management professionals. This could result in higher salaries and better benefits for those working in the field, as companies compete to attract and retain top talent.
Moreover, the expansion of regional connectivity is not just limited to new job opportunities in aviation management but has also led to a boost in tourism and economic growth in the regions where new airports and routes have been launched. The availability of air connectivity to remote and underdeveloped regions of India is providing a much-needed boost to the local economies, creating new opportunities for businesses and entrepreneurs.
However, the expansion of regional connectivity comes with its own set of challenges, such as the need for significant investment in infrastructure and technology, and the development of new approaches to airport security and air traffic management. But these challenges also present opportunities for innovation and process improvement, which can further enhance the efficiency and effectiveness of the aviation industry in India.
The expansion of regional connectivity in India is a positive development that is creating new job opportunities in aviation management, boosting tourism and economic growth, and driving innovation in the aviation industry. As the Indian aviation industry continues to grow, there will be ample opportunities for skilled and knowledgeable professionals to make meaningful contributions to this exciting and dynamic field. If this does not convince you to be part of the Aviation Management Industry, Please call us we will lead you to the careers of Tomorrow. Source URL: https://www.ilamindia.in/blogs/indian-government's-focus-on-expanding-regional-connectivity-expected-to-boost-aviation-industry-jobs.php
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