Research and Markets: Human Resources is a Critical Issue for the Global Aviation Industry with US Majors Set to Continue to Shed Jobs in 2005
DUBLIN, Ireland----July 20, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c21078) has announced the addition of Aviation Executive Monthly to their offering.
Human Resources will be a critical issue again for the global aviation industry. But the outlook between different geographical regions is stark. In no other era has the employment outlook differed so greatly between the US/Europe and the emerging markets of Asia and the Middle East.
The depressed US majors look set to continue to shed jobs again in 2005, as cost cutting programs extend to offset projected industry losses of up to USD2 billion. The recovery in 2004 was not strong enough to offset the pressures of spiraling fuel costs and increased competition with low cost airlines.
The story was similar, though less extreme in Europe. Alitalia remains on the brink of financial collapse, while other carriers, including Iberia, will continue to cut jobs in 2005. Meanwhile, low cost expansion will continue in 2005, despite the predicted "bloodbath" over winter, creating many new positions, particularly in new European Union states in the east.
Asia Pacific and Middle East markets have however soared in 2004 and are set for further expansion in 2005, creating pressures on human resources. Rapid fleet growth is planned at many carriers across the region, to take advantage of increasing liberalization of aviation access controls. Low cost airlines are also exploiting the new opportunities afforded by liberalization and a growing number of "open skies" agreements in the region.
This new publication, Aviation Executive Monthly, aims to provide a regular review of the key labor developments globally. It also covers the issues that will affect human resources planning in the future, such as aircraft orders. Another feature is the summary of aviation industry executive appointments from around the world.
Who should read it?
Aviation Executive Monthly is a useful resource for aviation strategic planners and human resources managers, marketing and business development managers needing to maintain up-to-date contact databases, and of course the many organizations involved in executive recruitment, HR development and training, labor associations - indeed anyone involved in the business of flying.
For more information visit http://www.researchandmarkets.com/reports/c21078
source : Research and Markets