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9 178 184 190 186 173 170 165 163 couriers and

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Unformatted text preview: r Transportation 13.7 14.1 13.6 13.3 14.2 14.6 13.4 12.4 11.8 11.2 Other Transportation 17.1 17.7 18.0 18.3 18.6 18.8 17.9 17.8 20.0 20.2 Total 65.0 65.5 65.7 66.6 68.5 68.3 63.9 61.9 62.2 61.2 a Estimated. b Forecast. Note: Due to rounding, the sum of the sectors may not equal the total. Sources: Colorado Department of Labor and Employment and Colorado Business Economic Outlook Committee. page 38 43 2012 Colorado Business Economic Outlook Trade, Transportation, and Utilities continued from page 43 Despite stronger than expected growth in passenger markets during September 2011, the air transportation industry is bracing for more difficult times ahead. The International Air Transport Association’s (IATA) October 2011 Airline Business Confidence Survey reported a significant decline in profitability expectations over the next 12 months. More worrying is the expectation that unit costs will increase with little optimism for yields. The majority expected no change in passenger yields, while 90% of respondents were spli...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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