Horizon Air reports a slight increase in its load factor to 72.8% in December 2008, compared to 72.4% in December 2007, on a 21.8% decline in capacity (ASMs) compared to the prior-year period. Horizon says its operations were also adversely affected by the weather in December and reports that 53.6% of its flights arrived on time in December 2008, a 13 percentage point decrease compared to the 66.6% reported in December 2007. Passengers carried in December 2008 numbered 532,000, a 16.5% decrease on the 2007 figure of 637,000.
Over the full year, Horizon's revenue passenger miles (RPMs) dropped to 2,635 million from 2,918 million in 2007, a 9.7% decrease. Available seat miles (ASMs) also fell, to 3,617 million, a 9.1% decrease over 2007's figure of 3,978 million. The airline carried 7,390,000 revenue passengers, down 2.1% from 7,552,000 in 2007. The load factor for 2008 was 72.9%, compared with 73.4% on 2007.
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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