Wednesday, January 26, 2011

European aviation industry will constrain economic recovery strike.

<P> Lufthansa in Germany about 4,000 pilots and air traffic controllers in France this month, respectively, 22 and 23, the occasion of a strike, British Airways pilots will soon join the ranks of the strike. .A strike wave of attacks on the already fragile is the European airline industry, which may inhibit the economic recovery in Europe has just started. .</ P> <P> although not British Airways joint union commitment is extremely important for Westerners to strike during the Easter holidays, but once the strike, will travel more than 70 million people will be affected. .Throughout the strike the airline industry in Europe, employers cut costs is the most important fuse. .Airlines want to survive in appalling conditions in the environment, "tighten their belts", and the staff extremely severe employment situation in period "ends meet", then the dispute is inevitable. .</ P> <P> to combat the global economic downturn, the airline industry suffered heavy losses. .According to the International Air Transport Association statistics, last year, the number of global civil aviation industry suffered its worst recession in decades last year, demand for air passenger traffic decreased by 3.5%, 10.1% decline in freight demand, equivalent to 2 ½ years back passenger market, freight market back three and a half years. .</ P> <P> including British Airways and Lufthansa and other European airlines are no exception. .In order to "difficult environment" to survive, the two companies have in the past two years by means of pay cuts and layoffs, this approach will undoubtedly lead to staff discontent. .British Airways have experienced during the last Christmas 12-day staff strike threat, fortunately, the court held that the strike vote is invalid only dodged a bullet. .In addition, the European airlines also bear the rising fuel costs and other low-cost carriers low-cost competition pressure. .</ P> <P> to British Airways, for example, the company not only to pay high salaries for the cabin staff, but also carry up to 37 billion pounds (about $ 1.54 1 pound) pension deficit. .2008 to 2009 fiscal year (April 1, 2008 to March 31, 2009) in the first 9 months, British Airways pre-tax loss of 342 million pounds, and the entire fiscal year, total losses may be as high as 600 million pounds, well .higher than the previous fiscal year 400 million pounds of losses. .British Airways CEO Willie Walsh said British Airways suffered a huge loss of an unprecedented "only choose to change, otherwise there was no alternative." .His eyes the "change" is to change the business model of British Airways, which cut costs. .Lufthansa pilot strike caused the loss is apparent, will not only give company caused at least 1 billion euros in direct economic losses, but also hit Lufthansa's reputation. .According to market estimates, the BA staff strike may be held for 10 days, will result in up to 25 million pounds per day of direct economic losses. .</ P> <P> British Airways claims that it will not let the joint trade unions "bring down" companies. .If the cabin staff to strike, the company will "take any possible" measures to ensure that passengers travel plans are not affected. .Although the recent British Airways flight has been training new staff to fill vacancies when the strike, but to completely avoid the impact of the strike and the loss is almost impossible. .</ P> <P> round of the European aviation industry will just out of recession strikes the plight of the European economy is not a small impact. .To Britain, it is the last out of recession in major developed economies. .Although Britain out of recession in the fourth quarter, but the long road to recovery and full of uncertainty. .Economists estimate that this year the UK economy will grow by about 1%, and may at any time back into recession. .Seriously damaged if the British aviation industry, the British economic recovery is set to setbacks. .</ P> <P> European economy is no different. .The euro area, for example, economists generally believe that the euro zone is difficult to achieve continued strong economic recovery, this year's economic growth may remain at about 1.5%. .The current economy has affected Greece and other eurozone member countries debt burden, should the continued turmoil in the aviation industry in Europe, the European economic situation will be even more worrying. .</ P>.

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