Challenges facing European Airlines AEA airlines generate annual sales of €25 billion outside the EU, while Air transport enables international tourism spending of some €300 billion annually inside Europe. €650 billion of goods trade value is carried in and out of Europe by air and the trend is that this will continue. read more
Balkans Telecom Telecom revenue in the Balkan region represents a cumulative opportunity of US$87.6bn in the 2011-2015 period. Mobile market will account for 69% of the total telecom revenue in 2015. While in most Western European and Central Eastern European countries telecom revenue accounts for roughly 2%-2.5% of nominal GDP, in most Balkan markets telecom industry revenue account for a much larger share of GDP read more
Global Oil and Gas In the medium term we can still expect robust oil demand growth. We project global oil demand to grow at a cumulative 6.15 million b/d over the next 5 years. Global oil demand in 2016 will likely stand at 95 million b/d, relative to 85 million b/d in 2005. The developing world, which already accounts for half of the world’s output, will in 2013 overtake the developed world in terms of oil consumption. By 2016 we estimate that EMs will comprise 53% of global oil consumption, with China alone making up 12.8% or 12 million b/d of global consumption. read more
