GEAB 135
– Air transport in Europe: Don’t bet your shirt on this
– Yuan: Quick!!
– Dollar: Discount on US staff!
– Gold: Back to the standard
_____________________________
Air transport in Europe: Don’t bet your shirt on this
Low-cost airlines are being forced to cut more and more services that large companies are able to provide for the same price (e.g. the end of cabin luggage at RyanAir does not bode well for the future of a company which has thus proved that it no longer has a profit margin in a market that is tightening its belt[1]). KLM is saving AirFrance (to cut a long story short) while the acquisition of Alitalia doesn’t seem to raise many eyes. The Chinese are proposing to lay high speed rail lines between Asia and Europe. The climate debate is weighing more and more heavily against air transport. Tourist migration flows are soon to reach manageability limits. For all these reasons, we anticipate significant difficulties in the air transport sector, with the risk of a reversal by 2024. The latter will result from a return of investment capacity on the part of Europeans, which will finally make possible the launch of the major intra-continental high-speed rail projects designed in the late 1990s, as part of a growing implementation of the Paris Summit decisions, together with a rejection of mass tourism. All that will then be needed is to connect them, as part of a multimodal hub approach, with the high-speed train stations that have already been developed by European airports. We expect this trend to start to become apparent in about two years.
Login
There’s no need to wait for the results of the election to anticipate some of the major features of the new Europe that will be established after June 2019. Certainly, [...]
The new face of tomorrow's Europe matches the faces of tomorrow's Europeans. Among the latter is one we wish to present to you: Manfred Weber, the very petulant 46-year-old German [...]
We would like to remind you that one of the main guiding principles for analysing North American foreign policy and current events in and around the Middle East is the [...]
To be able to advance in a complex world that is in full transition, it is helpful to have a GPS system. This calendar of future events, produced every four [...]
Silver has always stood the test of time, coming back as a winner, whether as an essential commodity or as a valuable investment. Since ancient times it has been the [...]
Comments