We must continue to evolve to a low-cost industry that provides high-quality, cost-efficient service across the board. This should be at the top of our common agenda.
More Quotes from Giovanni Bisignani:
We fully understand the principles of supply and demand. But it is difficult to see this as anything other than a 14 billion cash grab by the oil industry that is pouring salt into the wounds of a global crisis.Giovanni Bisignani
Each dollar added to the price of a barrel of oil adds 1 billion in costs to the industry.
Giovanni Bisignani
The European discussion of airline blacklists to improve airline safety is a cause for concern, ... While blacklists may be an opportunistic political response to human tragedies, they are not the solution to further improving airline safety.
Giovanni Bisignani
We are working on four core projects 100 percent e-ticketing globally by the end of 2007 bar-coded boarding passes common use of self-service check-in kiosks and radio-frequency identification for baggage management.
Giovanni Bisignani
The airline battle to reduce costs, increase yields and improve efficiencies is effective well beyond expectations.
Giovanni Bisignani
Oil remains the single-biggest challenge for airline profitability. Strong demand gives little hope of significantly reduced prices this year. What is disappointing is the response of the oil industry. Instead of expanding refinery capacity, the oil companies plan to return a quarter of a trillion dollars to investors over the next two years. Airlines alone have contributed 14 billion to this windfall profit. It is time that governments stepped in to encourage investment in new refinery capacity along with research into alternative fuel sources.
Giovanni Bisignani
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