Great Lakes Aviation has announced preliminary passenger traffic results for July 2009.
Revenue passenger miles (RPMs) recorded numbered 12,643,000, a 9.7% drop from 14,007,000 in July 2008. Available seat miles (ASMs) for the respective months fell by 10.3% to 35,580,000 from 32,272,000.
This resulted in a load factor decrease of 7.9 percentage points to 35.5% from 43.4%. Passengers carried during the month totalled 46,006, a 12.6% reduction on July 2008's figure of 52,639.
The revenue per ASM (RASM) was 30.51 cents in July 2009, down 4.5% from the RASM of 31.94 cents in July last year.
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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