MIT on Global Airline Industry : Facts

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 MIT has a global airline industry program. Research reports and academic books on airlines are very rare. Here are few interesting facts on global airline industry and US airline industry published by MIT.  

  • The global airline industry consists of over 2000 airlines operating more than 23,000 aircraft, providing service to over 3700 airports.
  • In 2006, the world’s airlines flew almost 28 million scheduled flight departures and carried over 2 billion passengers.
  • The growth of world air travel has averaged approximately 5% per year over the past 30 years.Historically, the annual growth in air travel has been about twice the annual growth in GDP. 
  • In the US airline industry, approximately 100 certificated passenger airlines operate over 11 million flight departures per year, and carry over one-third of the world’s total air traffic.
  • US airlines enplaned 745 million passengers in 2006 and reported over $160 billion in total revenues, with approximately 545,000 employees and over 8,000 aircraft operating 31,000 flights per day.
  • After the world airline industry posted 4 consecutive years of losses totaling over $22 billion from 1990 to 1993, as a result of the Gulf War and subsequent economic recession, it returned to record profitability in the late 1990s, with total net profits in excess of $25 billion being reported by world airlines from 1995 to 1999.
  • Airline industry plunged into record operating losses and a financial crisis between 2000 and 2005, with cumulative net losses of $40 billion.
  • The profitability results for 2006 were positive for most conventional airlines, while several Low Cost operators struggled financially. The US industry as a whole posted an aggregate net profit of $3 billion (excluding restructuring and bankruptcy costs).
    The US industry is expected to post a $4 billion net profit in 2007.

Source : MIT global Airline industry program

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Selected Travel related and backpacking sites for Travellers

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Selected Travel related and backpacking sites

Pass Planet (Central America and SE Asia):
http://www.passplanet.com/ 

The Man in Seat 61 (train focused - excellent):
http://www.seat61.com/

What’s on when; plan you trip around a festival:
http://www.whatsonwhen.com/

Global Album (money saving orientated site):
http://www.globalbum.com/ 

Virtual Tourist:
http://www.virtualtourist.com/

Text in Touch - Web Blog to record and post your travels -
www.textintouch.co.uk/weblog

Rough Planet: www.roughplanet.com

Travel Freestyle: http://www.travelfreestyle.com/

Traveller Lounge: http://www.thetravellerslounge.co.uk/ 

Backpack Traveller: http://bptravel.tripod.com/

Share experiences and get tips on message board:
http://www.trekshare.com/ 

Backpacking forum, similar to the Thorn Tree; get answers or
give advice: www.chatarea.com/backpackers 

World Climate - If you’re not heading off for another six months,
this site gives you the average temperature and rainfall for any
time of the year just about anywhere in the world:
http://www.worldclimate.com/

Backpacker Planet, in English & Danish. Nice looking resource
for all the popular destinations: http://backpacker-planet.com/

World Backpacker Network: http://www.worldbackpackers.net/

Which plug in which country?:
http://users.pandora.be/worldstandards/electricity.htm 

Meet people, get a free place to stay:
http://www.couchsurfing.com/  and
http://www.hospitalityclub.org/

 

 

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Few Selected Accomodation Sites for Travellers

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Few Selected Accomodation Sites

Sleeping in Airports - For those on an extreme budget this site
can provide some real money saving possibilities. Reviews of
hundreds of airports worldwide to help you decide which ones
are ok to sleep in.

AsiaRooms.com - 60,000+ hotels - Book your Hotel Room
online with AsiaRooms.com.

Worldwide Holiday Homes - Book direct with the owners for
Spanish and Italy villas, farmhouses in France, Caribbean island
hideaways, and Mediterranean holidays.

1st Home Exchange - Access international home exchange listings.
Home exchange or house swap is a vacation alternative where
you allow someone else to stay in your home while you stay in
theirs. Benefit from reduced travel costs (no hotel and car rental
costs) and experience a vacation living like a native.

Backpacking Europe - A list of hostels in Europe recommended
for backpackers.

Bed and Breakfast Browser - An innkeeper supported directory
of North American bed & breakfast inns featuring accommodation
summaries, photography, interactive maps, and area information.

Bed and Breakfasts Guide - View or book B&Bs throughout
the UK.

Better Bed & Breakfasts - A searchable bed and breakfast
directory with listings in the United States, Canada and Australia.
Reviews of selected B & B’s also offered.

Cyber City Guides - The CyberCityGuides.com concept is
based on the combination of good value and a personal touch.
CCG is currently represented in over 25 countries with sixteen
customer service centers worldwide, enabling discounted hotel
rates and superior customer service.

Discount Hotel Reservations - Book hotels worldwide at discount
rates.

Drake & Cavendish - A directory of luxury hotels across the
globe.

Global Freeloaders - Probably never thought it would be
possible to get free accommodation, yeah? It is! Find out how…

Global Swops - A website club where people from all over the
world can exchange all types of property on a permanent or
temporary/holiday basis.

Home Exchange - If you own a home, you could consider
swapping it with someone overseas for a while.

Move and Stay - Provides serviced apartments, city guides and
directories, online reservations, photos and virtual tours of many
destinations. Great for expatriate family and business travellers.

Rates to go - Last minute hotel bookings at especially low rates.
Only for those looking for accommodation within 20 days!

See Your Holiday - A user-generated site that has photos and
reviews of holiday resorts around the world.

South Pacific Resorts - South Pacific accommodation and travel
listing of beachfront, honeymoon, scuba diving resorts and hotels.

Spa and Beach Vacations - A comprehensive spa vacation
guide and reservation center to resorts and beaches all over the world.

Student Accommodation - A global directory of student
accommodation websites and associated links.

Trip Advisor - Site with lots of users reviews of hotels, cities
and regions. Sometimes biased but in general worth checking
out to see what other travellers have experienced at hotels you
are thinking of going to.

U-Exchange Home Exchange - U-Exchange.com offers a free
service for people interested in Home Exchange and bartering
professional services for vacations.

Vacation Rentals by VacationHomes.com - Villas, cabins,
condos and homes for rent worldwide. Detailed listings include
photos, rates and availability calendars.

Wotif - Online booking facilities for last-minute hotels and
holiday packages.

Source: Travellers Point

 

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