WELCOME Editor’s Letter
A
s 2012 begins, the second issue of Air Logistics Management reviews some of the larger economic and aviation forecasts from the likes of the
World Bank, OECD, IATA, Boeing and Airbus, among others. For the greater part, these foretell a rather gloomy first half of the year for the aviation industry and its air logistics partners as major financial question marks continue to hover over some regions, depressing the macroeconomic outlook.
But how does one equate that situation with the major world airlines that
“Forecasting is easy, it’s getting it right that’s hard”
are now eagerly taking delivery of larger-capacity, fuel-efficient freighters and who in these cash-strapped days are placing record-breaking orders with the world’s two biggest aircraft manufacturers for the delivery of new equipment in the future?
Is it the old story of cyclical fortunes in
the aviation and air freight industries? What goes around, comes around; here
today, gone tomorrow; boom and bust – one thing is sure, the adage that ‘forecasting is easy, it’s getting it right that’s hard’ has never been more appropriate. In this issue Air Logistics Management looks at the intermittently twinkling galaxy of stars that comprise Latin America and asks why the glowing super nebula of India is being slow in developing its potential brilliance; we highlight the increasing value of goods on the move by talking to the Transported Asset Protection Association (TAPA) about its efforts to make the supply chain more aware of the problem surrounding the theft of goods in transit by air; and we also find out how fast-moving air freight services keep the upstream production facilities of the most ‘fuel-efficient’ industry in the world, the oil and gas sector, working to its maximum effect. The major participants in the air logistics supply chain forecast there are good times ahead. But for the immediate future, box clever. It is the foolhardy who will resolutely keep their chin up when hard blows are likely to fall. The winners will be those who make well-informed decisions, cover up safely, keep their chin tucked well in – and when the time is right come out punching.
EDITOR
Congratulations to contributor Phillip Hastings who was named runner-up in the Environmental Journalist of the Year 2011 Award presented by the UK-based Seahorse Club for his article ‘Turning the skies green’, which appeared in the October launch issue of Air Logistics Management.
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