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GERARD ARPEY - The American way - American Airlines chief executive Gerard Arpey hopes culture change is the way to find enough savings, and enough unity at long-fractious carrier, to avoid bankruptcy. At the very core of Arpey's efforts to weather the storm is a profound transformation that goes beyond a campaign of cost cutting, even one as wide-ranging as the savings efforts at American.
INDONESIA - Growth unleashed - With so much attention focused on the recent phenomenal growth in the low-cost airline sector in Malaysia, Singapore and Thailand, one South-East Asian market has been ignored. That is Indonesia, where much of the real action has taken place. Massive growth in the Indonesian domestic market, fuelled by new start-ups, shows how liberalisation can take hold.
WORLD TRAVEL MARKET - Consumer power - Leisure travel is seeing a strong resurgence this year after a tough time in 2003. However, consumers are demanding lower prices and more flexibility from their travel providers. This trend is posing a huge challenge to traditional leisure groups as they struggle to compete in a low-cost world.
ARAB CARRIERS - States of play - Chief executives of Middle East airlines met in Jordan in October to debate how to help Iraqi Airways return to flying, and discussed two new initiatives that suggest market reform is finally on the agenda. The first is the initial step in the formation of a common Arab aviation market and the second will be a multilateral liberalisation agreement.