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Letter "G" » Giovanni Bisignani Quotes
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«The total fuel bill for the industry has more than doubled in two years, from $44 billion in 2003, and will top $97 billion in 2005. With a total industry turnover in the range of $400 billion a year, jet fuel will make up 25 percent of our total costs.»
Author: Giovanni Bisignani
«Oil is now destroying our profitability. We are in an emergency mode.»
Author: Giovanni Bisignani
«We fully understand the principles of supply and demand,»
Author: Giovanni Bisignani
«Moreover, the impact of Hurricane Katrina on fuel supplies and refinery capacity will only ensure that relief will not come soon.»
Author: 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.»
Author: Giovanni Bisignani
«Airlines will spend $34 billion more for fuel this year than last, and about $1.4 billion of that will make its way to the bottom line. That will drive losses to $7.4 billion for 2005.»
Author: Giovanni Bisignani
«The target date is a must. Every year, we are printing roughly 350 million tickets. We will not print any more paper tickets by 2007.»
Author: Giovanni Bisignani
«It's not revolutionary technology, it's not something that we have to invent, it's existing technology.»
Author: Giovanni Bisignani
«Airline ownership restrictions became national rights. Now the flags on our aircraft are so heavy they are sinking the industry.»
Author: Giovanni Bisignani
«Turning growth into profitability has never been more critical. Airlines will end 2005 with a US$6 billion loss?on top of US$36 billion in losses accumulated between 2001 and 2004. As we battle the high price of fuel, cost efficiency will continue to be a top priority?not only for airlines but for every partner in the value chain including airports and air navigation service providers.»
Author: Giovanni Bisignani
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