Forecast 2013

24 Another Challenging Year
Guarded optimism for 2013, but no one believes it will be easy.
By Karen Walker

27 Industry of contradictions
Boom time for aircraft orders, but not for airline profitability.
By Karen Walker

29 NORTH AMERICA: Tight Discipline
Capacity and cost controls help keep US carriers in the black.
By Karen Walker

35 ASIA: Still Hot
Despite challenges, Asia Pacific remains one of the most dynamic and positive regions.
By Karen Walker

36 EUROPE: Bleak Times
For European carriers, 2012 was annus horribilis. This year may prove only marginally better.
By Victoria Moores

38 LATIN AMERICA: Latin Paradox
Ingredients exist for strong growth in Latin America, but infrastructure isn’t keeping pace.
By Aaron Karp

41 Cargo Flattened
Virtually no growth seen from 2007-2012 for global air cargo traffic.
By Aaron Karp

43 Service Change
Technology and data management are the new drivers of aircraft maintenance.
By Christine Boynton

47 Winged Ambitions
Turkish carrier finds low-cost niche opportunities in new markets.
By Alan Dron

51 Engineering Innovation
Jumps in aircraft efficiency largely fall on engine manufacturers.
By Aaron Karp

54 Eyes on the Goal
Interview with Harry Hohmeister, CEO of Swiss International Air Lines.
By Kurt Hofmann

5 Editorial
Legal Shenanigans
By Karen Walker

9 Obama signs law enabling US airlines to skirt EU ETS
10 American Airlines nears US Airways merger decision
12 AirAsia orders 100 more A320s
13 AviancaTaca orders 15 ATR-72-600s
14 FAA orders Boeing 787 inspections
16 Bombardier confident in new CSeries schedule
17 Emirates reports strong half-year profit
18 Oneworld eyes Asia for new members

20 Analysis
Transatlantic Manuevering—Delta looks to boost its London Heathrow presence with 49% stake in Virgin Atlantic.
By Aaron Karp

57 Trends
63 Customer Services
63 Advertisers’ Index
63 Advertisers’ Websites
64 Commentary

Legal Travesty. The European Court has abandoned the rule of law with its passenger rights bill.
By Pablo Mendes de Leon