tui ag presentation hapag lloyd express 06 09 2004 seite 1 aero engines an airline s point of view wolgang kurth 01 september hlx update board 121102 hs 2 agenda business environment trends determinanten des wachstums fortschritt durch technologie spannungsfeld hersteller airlines ausblick 3 4 generic trend volume gdp time africa asia middle east latin america pioneer stage transition rapid growth us and europe mature 5 industry is maturing 6 rates are declining yield source a sentance june 2000 r doganis international may 2001 domestic market 1980s vs 1990s average annual 0 passenger traffic economy real
