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CEOs on crack? This reads like a mash-up of MBA cliches with no substantive content.

What does he want, exactly?

It's like meta-Sarkozy - there's a lot of self-importance, drama and grand-standing, but I'm not seeing any specific suggestions to deal with anything much.

Bisignani

The forecast uses a consensus oil price of US$106.5 per barrel crude (Brent). This is a swing of US$6.8 billion from the previously forecasted  industry profit of US$4.5 billion that was announced in March and based on an average oil price of US$86 per barrel (Brent).

vs

Bisignani

For every dollar that the oil price increases, we add US$1.6 billion to costs. If we see US$135 oil for the rest of the year, losses could be US$6.1 billion,"

According to that last sentence costs should increase by more than $45 billion over the original estimate at $106.5/bl. But the new loss is $6 billion?

Is it too much to expect a CEO to produce numbers which add up without moving decimal points around for PR reasons?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Jun 3rd, 2008 at 07:16:09 AM EST
32 million employees?

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Tue Jun 3rd, 2008 at 02:01:36 PM EST
[ Parent ]
Quote from diary "air transport is a catalyst for....32 million jobs"

I'd guess 5 million staff globally in aircraft design, manufacturing, flight operations, sky control, airports, airfreight logistics etc. The other 27 mill must be those dependent on air travel to do their job.

You can't be me, I'm taken

by Sven Triloqvist on Tue Jun 3rd, 2008 at 02:12:55 PM EST
[ Parent ]
one is the gross increase in costs, the other the net losses. The difference between the two is the amount by which they can expect to push prices up.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jun 3rd, 2008 at 03:00:04 PM EST
[ Parent ]
But, would they be honest, they would state the latter.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jun 3rd, 2008 at 03:04:10 PM EST
[ Parent ]

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