GMAA NSW August 2011 Event, Wednesday 14 August 2011 Summery

“The Strategic Challenges Facing the Global Aviation Industry in a Highly Competitive World”

 Guest Speaker:  Peter Harbison, Executive Chairman Centre for Asia Pacific Aviation (CAPA)

 Contribution

There is now a frenetic pace of change in the airline industry, for example the link between Air Asia and Air Malaysia, as well as Jetstar developing a low cost option out of Japan.
Australia allows for 100% ownership of domestic airlines.  Every country, including third world countries, has an airline.  Australia has been quite liberal with its airlines policy compared with Canada.  Airlines never return the cost of capital so don’t invest in them.  The real jewel in the crown of airlines are the frequent flyer programs from which some 10% of revenues are derived and it is the third party connections through frequent flyer programs which are a value-add for the airline businesses.  On average, points aren’t redeemed for 30 months, and a point system exploits the airline brand.  Airlines are extremely complex businesses involving marketing, catering, maintenance, engineering, as well as all the systems.  Scandinavian Airlines Service involving Denmark, Norway and Sweden is even worse, with 22 unions with pilots and engineers exerting very powerful influence.There was general discussion about Australian airports privatisations and the potential for conflict of interest should airlines seek to own these private airports.  Airlines have generally avoided this.

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2010 Business Trends to Track and Challenges to Chuck

While most developed countries scramble to rise up from the economic ruins, Australia stands firmly
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Business Savvy Surf Club Catches On

A mentoring program for start-up businesses offered by the Graduate Management Association of Australia – a business association whose members have MBA or DBA qualifications – has helped Melbourne entrepreneur Alba Ruiz Leon turn a social club for surfing enthusiasts, the Alba Surf Club, into a business.  Ruiz Leon, a 2009 finalist in RMIT University's annual business plan competition, was selected for the Entrepreneurship Challenge mentoring program run by the GMAA's Victorian Chapter. GMAA already provides judges and mentors to RMIT's business plan competition.

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Often we have an innate “gut feeling” that we are being lied to. We rely on our instincts and our perceptions based on our observations of the person we are speaking to. Often we listen to what we want to hear and don’t pay close attention to what is actually being said! People may lie with words but their body language will often betray the spoken word. What people don’t say is often more important than what they do.

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LinkedIn Success - 10 Tips on how to get your next job

LinkedIn is one of a number of on-line networking sites, and is probably the most popular for business networking. As with any other type of networking, there are tips and tricks you should be aware of when using LinkedIn. These tricks and tips are especially important to LinkedIn as it costs for someone to send you direct unsolicited messages. In this article I’ll provide my top 10 tips to help gain the most out of LinkedIn. I will focus on job seekers, however they apply equally to contractors or businesses who use LinkedIn to find customers.

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