tag:blogger.com,1999:blog-29875741.post115881033300997217..comments2024-03-09T20:40:14.660+11:00Comments on The BOOT - The Business of Online Travel: Travelport Results - the billion dollar black hole that has finally disappeared (maybe)Tim Hugheshttp://www.blogger.com/profile/05383381229302650553noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-29875741.post-58694971822169687892008-05-13T21:25:00.000+10:002008-05-13T21:25:00.000+10:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-29875741.post-1159254977462426902006-09-26T17:16:00.000+10:002006-09-26T17:16:00.000+10:00http://www.boeing.com/commercial/cmo/pdf/CMO_06.pd...http://www.boeing.com/commercial/cmo/pdf/CMO_06.pdf<BR/>new news for those in the knowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-29875741.post-1158875121896074832006-09-22T07:45:00.000+10:002006-09-22T07:45:00.000+10:00THe Cry of frustrationed passionate people versus ...THe Cry of frustrationed passionate people versus the greed of corporate wall streetAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-29875741.post-1158835884298023532006-09-21T20:51:00.000+10:002006-09-21T20:51:00.000+10:00Absolutely agree - nothing compares to the debacle...Absolutely agree - nothing compares to the debacle of cost overruns and inefficiencies that have beset the major European and US airlines. Travelport's results have upsides that many airlines pray for - the company is generating positive cash flows, has some of the best B2B and B2C travel brands and despite huge losses still has some incredibly smart people. However what makes me sad here is the missed/lost promise of early 2005 when the last of the Cendant TDS acquisitions were made. Compare those days to now when the last of the lost billion disappears in red ink and you cannot help but think nostalgically about an enormous missed opportunity and most critically about the pain that smart people have gone through.Tim Hugheshttps://www.blogger.com/profile/05383381229302650553noreply@blogger.comtag:blogger.com,1999:blog-29875741.post-1158832911791611582006-09-21T20:01:00.000+10:002006-09-21T20:01:00.000+10:00You need to put things into perspective and look a...You need to put things into perspective and look at how your frineds in a close paralell are travelling. Did you know that major, LCCs, and regional airlines have collectively lost $54 billion (net earnings) between 2001 and 2005. Airline industry revenue is $20 billion or so less – based upon pre 9-11 yields - for the industry because the high yield business traveler traffic is approximately 50% of what it was prior to 9-11. In response, labor costs have been cut significantly with higher productivity and slashed wages and benefits. The majors have shed some 160,000 jobs (35%) since 2001. As an example, and utilizing just one metric, in 2001, United Airlines’ company-wide labor costs reflected 170 employees per aircraft compared with approximately 120 today. Savings from lower labor and non-fuel costs have been wiped out by higher fuel costs, which are 3.5 times higher than the average of the previous 20 years (through 2003). <BR/>So whats a billion or so amongst a couple of dots..........Anonymousnoreply@blogger.com