The Future We Want

Global economic growth per capita has combined with a world population (passing 7 billion last year) to put unprecedented stress on fragile ecosystems. We recognize that we can not continue to burn and consume our way to prosperity. Yet we have not embraced the obvious solution — the only possible solution, now as it was 20 years ago: sustainable development.
Fortunately, we have a second chance to act. In less than a month, world leaders will gather again in Rio — this time for the U.N. Conference on Sustainable Development, or Rio+20. And once again, Rio offers a generational opportunity to hit the reset button: to set a new course toward a future that balances the economic, social and environmental dimensions of prosperity and human well-being.
More than 130 heads of state and government will be there, joined by an estimated 50,000 business leaders, mayors, activists and investors — a global coalition for change. But success is not guaranteed. To secure our world for future generations — and these are indeed the stakes — we need the partnership and full engagement of global leaders, from rich nations and poor, small countries and large. Their overarching challenge: to galvanize global support for a transformative agenda for change — to set in motion a conceptual revolution in how we think about creating dynamic yet sustainable growth for the 21st century and beyond.
This agenda is for national leaders to decide, in line with the aspirations of their people. If I were to offer advice as U.N. secretary general, it would be to focus on three “clusters” of outcomes that will mark Rio+20 as the watershed that it should be.
First, Rio+20 should inspire new thinking — and action. Clearly, the old economic model is breaking down. In too many places, growth has stalled. Jobs are lagging. Gaps are growing between rich and poor, and we see alarming scarcities of food, fuel and the natural resources on which civilization depends.
At Rio, negotiators will seek to build on the success of the Millennium Development Goals, which have helped lift millions out of poverty. A new emphasis on sustainability can offer what economists call a “triple bottom line” — job-rich economic growth coupled with environmental protection and social inclusion.
Second, Rio+20 should be about people — a people’s summit that offers concrete hope for real improvements in daily lives. Options before the negotiators include declaring a “zero hunger” future — zero stunting of children for lack of adequate nutrition, zero waste of food and agricultural inputs in societies where people do not get enough to eat.
Rio+20 should also give voice to those we hear from least often: women and young people. Women hold up half the sky; they deserve equal standing in society. We should empower them, as engines of economic dynamism and social development. And young people — the very face of our future: are we creating opportunities for them, nearly 80 million of whom will be entering the workforce every year?
Third, Rio+20 should issue a clarion call to action: waste not. Mother Earth has been kind to us. Let humanity reciprocate by respecting her natural boundaries. At Rio, governments should call for smarter use of resources. Our oceans must be protected. So must our water, air and forests. Our cities must be made more liveable — places we inhabit in greater harmony with nature.
At Rio+20, I will call on governments, business and other coalitions to advance on my own Sustainable Energy for All initiative. The goal: universal access to sustainable energy, a doubling of energy efficiency and a doubling of the use of renewable sources of energy by 2030.
Because so many of today’s challenges are global, they demand a global response — collective power exercised in powerful partnership. Now is not the moment for narrow squabbling. This is a moment for world leaders and their people to unite in common purpose around a shared vision of our common future — the future we want.
Ban Ki-moonis secretary general of the United Nations.
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Budget Airlines will feature self check in counters, first class & business class will have full service check-in, I can easily redesign the ecosystem to double the revenue

May 24, 2012, 9:21 a.m. EDT

New Industry Study Calls for a Fundamental Rethink of the Airport Ecosystem

‘Reinventing the Airport Ecosystem’ reveals how airports could adopt Mini-city, Walkway, Bus Station, and Shopping Mall operating models to meet consumer demands and drive non-aviation revenue

MADRID, May 24, 2012 (BUSINESS WIRE) — –New study follows ‘Navigating the Airport of Tomorrow’ which was launched in 2011 and explains how travelers would like the airport experience to evolve and how the airport ecosystem will be reinvented through partnership
Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, today unveiled a major new study, ‘Reinventing the Airport Ecosystem’, identifying consumer frustrations with today’s airport experience and mapping how airports will reinvent themselves up to 2025, with new operating models, driving revenues beyond traditional aviation income.
The report provides a comprehensive overview of the most advanced developments at airports today with 11 airport case studies including Incheon, Singapore Changi, London Gatwick, Berlin Tegel, and New York JFK.
It also looks ahead to travel 20 years from now to paint a realistic picture of how emerging technologies and social trends will lead to new operating models that will reinvent the traveler experience.
“A range of macro-trends including increasing traveler demands, new technologies, and the immediate requirement for the industry to create new revenue streams are driving the need for a fundamental rethink of the airport ecosystem,” said Julia Sattel, Senior VP Airline IT, Amadeus. “Imagine an airport where the retail experience is so impressive you choose to shop there without even flying or using an in-flight app to make purchases you can pick up once you’ve landed. It’s an exciting future but airports, airlines, and the whole ecosystem need to make cooperative decisions to unlock this potential.”
“Based on the research in this report, we can expect the airport ecosystem to change dramatically over the next 20 years as players accelerate their pursuit of new sources of revenue – such as retail, dining, leisure, and real estate,” said Rohit Talwar, CEO of Fast Future Research, and the report’s co-author. “What’s also clear is that whichever model an airport adopts; new technology means we’re heading towards an intelligent, data-intensive, knowledge-rich, adaptive, and responsive airport environment that will greatly benefit travelers.”
“This study underlines how rapidly this critical part of the travel chain is evolving. At Amadeus, we are passionate about supporting the development of airports and are totally committed to bridging the IT gap that has historically existed between airports and airlines. Indeed, it is only through closer collaboration that this new airport ecosystem can truly become a reality. I hope this report provokes both discussion and debate within the industry and offers at the same time a glimpse of how the overall traveler experience will be improved to 2025 and beyond,” said John Jarrell, VP and Head of Airport IT, Amadeus.
Traveler perspectives on the future
The research identified ‘a stress-free airport experience’ as the number one priority for travelers, with a clear 72% of global respondents saying they thought the core passenger journey from check-in to boarding was currently inefficient. Sixty-nine percent of travelers are seeking improved security processes. Passengers also expect airports to give a sense of place that reflects local culture and makes the airport destination and flight part of their total trip experience (81%).
Travelers view technology as increasingly important to their airport experience. Many want to control their entire airport journey through the use of mobile phones to navigate through key touch points (63%), use frequent flyer cards as permanent boarding passes (59%), benefit from permanent electronic bag tags (57%), and to automate the full range of airport processes including baggage drop (48%).
Social media is also seen as a vital tool for the real-time exchange of ideas, information, and feedback with travelers while at the airport. Consumers want their improvement ideas to be heard (69%), to receive important information (66%), to provide real-time feedback (53%), and to be rewarded as frequent travelers/shoppers (51%).
Designed to stimulate discussion and provide insight into the future of the airport sector, ‘Reinventing the Airport Ecosystem’ has been developed through primary field research and supplemented with over 70 qualitative interviews with industry experts from airports, airlines, and suppliers including technology providers and airport designers. These interviews were subsequently tested using a global passenger survey of 838 respondents from a range of markets around the globe including across Europe, North America, and Asia.
To download a copy of the ‘Reinventing the Airport Ecosystem’ report, please visit: http://www.amadeus.com/airportecosystem
Notes to the editors
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g. airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travelers).
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011.
Amadeus has central sites in Madrid (corporate headquarters), Nice (development), and Erding (operations — data processing center), and regional offices in Miami, Buenos Aires, Bangkok, and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organizations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao, and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended December 31, 2011, the company reported like-for-like revenues of EUR2,712 million and EBITDA of EUR1,039 million. The Amadeus group employs around 10,000 people worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus please visit http://www.amadeus.com
To visit the Amadeus Investor Relations center please http://www.investors.amadeus.com
SOURCE: Amadeus 
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What are the sources of revenue? My estimates on a $10 TRILLION MARKET
Airport services including terminal services with increases of travellers including airport tax?
Shopping and dining including rental from real estate
Other services planned including a mini-city for temporary transit passengers with temporary lodging, spa facilities
Differentiating the flow between high paying and budget travellers
Full conceirge services to link to transport and hotel services
Additional commission from limousine and hotel
Budget = No frills minimum services
First & Business class = Total services
Expected increased revenues of more than 50% from the above sources
Airport to include services from travel agents? Possible links
Present Budget Airline terminals costs too high, need automation with fewer staff to lower costs, No-frills is the best approach, with minimum investments, where expanding the services and investments for full services airports to include First & Business class, whereby lowering the demand for Economy classes, which is a sandwich class. Due to high fuel costs, the Economy class is going to be expensive, by correctly PRICING the difference between ECONOMY and BUSINESS class, where the difference is less than 25%, more people will chose to travel BUSINESS class instead, creating less demand for ECONOMY class.
Therefore I can easily tweak Demand And Supply to fix any scenarios, creating New Real Demand that will save all the airlines in the world from a downfall.
– Contributed by Oogle.  

Bad news loom ahead for Spain

“That is why our rescue seeks to limit both the burden-sharing and the concession of sovereignty. Rather than building a federal system, it fills in two holes in the single currency’s original design. The first is financial: the euro zone needs a region-wide system of bank supervision, recapitalisation, deposit insurance and regulation. The second is fiscal: euro-zone governments will be able to manage—and reduce—their fiscal burdens only with a limited mutualisation of debt.
– The Economist.”
 
Trading in shares in the Spanish lender Bankia have been suspended in Madrid.

The market regulator CNMV said it was “due to circumstances that may affect the normal share trading”.
Bankia is reported to be due to ask the government for a bailout of more than 15bn euros ($19bn; £12bn) after a board meeting later on Friday.
Bankia, which is Spain’s fourth-largest bank, was part-nationalised two weeks ago because of its problems with bad property debt.
Any extra government money would be on top of the 4.5bn euros in state loans that the government converted into shares in the group in the part-nationalisation process.
Shares in Bankia’s parent company Banco Financiero y de Ahorros (BFA) have also been suspended.
Bankia was created in 2010 from the merger of seven struggling regional savings banks.
It holds 32bn euros in distressed property assets.
Spain’s economy minister Luis de Guindos said on Wednesday that the government would pump at least 9bn euros into Bankia but that more would be available if it was needed.
There have been four attempts by Spanish governments to shore up the banking system since the global banking crisis of 2008.
As part of the latest plan, lenders are having to make 30bn euros of extra provisions to cover potential losses on property loans, which comes on top of 54bn euros they were ordered to set aside in February.
The health of Spain’s banking system is key to whether the country eventually needs to seek a bailout itself from the eurozone and the International Monetary Fund.
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By Peter Spiegel and Hugh Carnegy
May 24, 2012 — Updated 1045 GMT (1845 HKT)

(Financial Times) — European leaders put off any decisions on shoring up the region’s banks at a late-night summit on Wednesday despite rising concerns that instability in Greece was undermining confidence in the eurozone’s financial sector.

Instead, the heads of the EU’s main institutions were given the task of drawing up proposals for closer fiscal co-ordination in time for another summit next month, plans that could include a path towards a Europe-wide deposit guarantee scheme and, in the longer term, commonly-backed eurozone bonds.
Herman Van Rompuy, president of the European Council, cautioned that even the June plan would be limited to “building blocks” and “working methods” towards economic integration and not specific proposals towards a banking union or mutualisng eurozone debt.
“These ideas on stronger, stricter banking supervision and resolution were only mentioned, we did not have a real discussion on it, but we will work on them in the upcoming weeks,” said Mr Van Rompuy.

Support appeared to be building for deposit guarantees commonly backed by all 17 eurozone members, which some officials believe are needed to prevent bank runs that could follow a Greek exit. François Hollande, the new French president attending his first EU summit, said he backed his Italian counterpart, Mario Monti, who has proposed such a plan.
And Enda Kenny, the Irish prime minister, said there was also “strong support” for using the eurozone’s new €500bn rescue fund to inject capital directly into teetering banks, a proposal opposed by Germany but considered by many as essential for helping cash-strapped sovereigns shore up their financial sectors.
Instead of firm decisions, leaders voiced repeated assurances that they wanted Greece to remain in the eurozone, but emphasised any new government in Athens had to live up to the terms of its €174bn bailout.
“If I were to talk about the hypothesis of a Greek exit from the eurozone it would send a signal to Greece and to the markets,” said Mr Hollande. “I would rather say that France and Europe want Greece to stay in the eurozone. We want you to respect your commitments but we want to take steps to show you that we want to restore hope. That is in the interests of Greece, the eurozone and the global economy.”
The failure to decide on a clear path forward for Greece, Europe’s banks or eurozone bonds reflects continued, deep divisions over how to respond to the mounting crisis caused by the possibility of a Greek exit. Officials said there had not been any in-depth discussion about Greece during more than six hours of deliberations.
Instead, most of the session focused on a “growth compact” consisting of ways to spur investment in large-scale infrastructure projects. But even there, no decisions were made on such proposals as injecting €10bn in new capital for the European Investment Bank.
Mr Hollande gained most of the attention by continuing his surprisingly aggressive push for eurozone bonds, making clear his disagreement with Angela Merkel, the German chancellor, at a post-summit press conference.
“For now, Germany’s line of thinking is that euro bonds, if I give the most optimistic version, could only be an end point, whereas for us they are a starting point,” he said. “It’s true that there is there a difference.”
Additional reporting by Joshua Chaffin and Alex Barker

You can run but you can’t hide, unless you are not online

Posted: 25 May 2012 1535 hrs
SAN FRANCISCO: Google has begun revealing details about requests for links to be removed from Internet search results on the grounds they lead to copyrighted material posted without permission.
Google added a copyright section to the online transparency report it launched two years ago to provide information about how often government officials ask for material to be removed from its online venues.
“The goal of the transparency report is to help users understand what we remove from search and why,” Google senior copyright counsel Fred von Lohmann told AFP.
“We remove more search results for copyright reasons than for any other reason.”
Nearly 1.25 million take-down requests were received by Google search in the past month on behalf of 1,296 copyright owners, according to the debut report, which focused on that month.
The requests targeted more than 24,000 websites. Almost half of the copyrighted material at issue belonged to software colossus Microsoft.
“We do receive a large number of take-down requests from the adult entertainment industry and the software industry,” von Lohmann said.
“This is not just an issue that involves music and Hollywood movies,” he added. “The data shows a more complicated landscape.”
Websites targeted by requests ranged from online data file “lockers” to personal blogs.
“It is quite eye-opening to look and see the diversity of sites laid out there,” von Lohmann said. “We are showing all the way down to the very bottom.”
The number of requests has been increasing rapidly and it is not unusual for Google to receive more than 250,000 take-down demands weekly.
Google granted 97 percent of such take-down requests received in the second half of last year, according to a facts page in the report.
Google said that it watches for erroneous or abusive removal requests.
Von Lohmann gave the example of two requests on behalf of an entertainment company asking to pull links to a major newspaper’s review of a television show on what turned out to be a baseless claim of infringed copyright.
Competitors have also used false copyright violation accusations to scuttle rivals online, according to Google.
Google will update the copyright section of the transparency report daily.
“As policymakers and Internet users around the world consider the pros and cons of different proposals to address the problem of online copyright infringement, we hope this data will contribute to the discussion,” von Lohmann said.
Google has long shared take-down request information with non-profit group Chilling Effects.
Information available online at google.com/transparencyreport also shows the status of Google websites, highlighting when service has been disrupted.
“We believe that openness is crucial for the future of the Internet,” von Lohmann said.
“When something gets in the way of the free flow of information, we believe there should be transparency around what that block might be.”

– AFP/al