In the first eleven months of this year Adria Airways carried more than 1,231,531 passengers, which is 16% more than in the same period last year. The total number of flights was also up by 15% - scheduled flights by 16% and charter flights by 11%.
In scheduled services, the most important sector, Adria operated 16% more flights in the first eleven months of the year and carried 1,036,435 passengers, which is 18% up on the same period last year.
Passenger growth in the second half of the year, if we compare it to the first half of 2008, shows that the effects of recession are already being felt, since growth is slowing down and is over 6% lower than it was at the beginning of the year, when higher growth could be attributed to Slovenia's EU Presidency. The passenger load factor has remained practically unchanged and stands at over 66% despite the fact that Adria is now operating larger aircraft.
In this context it is worth noting that a new CRJ 900, Adria's third, is due to join the fleet in the coming weeks.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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