Thursday, January 28, 2010

“IATA: Worst Demand Decline in History for Airlines - Seattle Post Intelligencer” plus 3 more

“IATA: Worst Demand Decline in History for Airlines - Seattle Post Intelligencer” plus 3 more

IATA: Worst Demand Decline in History for Airlines - Seattle Post Intelligencer

Posted: 27 Jan 2010 11:36 AM PST

The International Air Transport Association (IATA) reported December and full-year 2009 demand statistics on Wednesday, showing the airline industry ending 2009 with the largest ever post-war decline. Passenger demand fell 3.5% for 2009, with load factors averaging 75.6%. Air freight saw a decline of 10.1% in the full-year, with an average load factor of 49.1%. Yet, year-end statistics show improvements, and 2010 should see steady increases in demand.

"We have permanently lost 2.5 years of growth in passenger markets and 3.5 years of growth in the freight business," said Giovanni Bisignani, IATA's Director General and CEO. Just as corporate travel demand fell significantly, businesses proved to be frugal in shipping throughout 2009.

International passenger capacity fell 0.7% in December 2009, while freight capacity grew 0.6% above December 2008 levels. Last week, the Air Transport Association reported improvements (Source: Things in the Sky) in yields; the same is true for the IATA. However, yields still remain 5-10% down on 2008 levels. "Revenue improvements will be at a much slower pace than the demand growth that we are starting to see. Profitability will be even slower to recover and airlines will lose an expected US$5.6 billion in 2010," said Bisignani.

Compared with November, December showed an increase of 1.6% in passenger traffic - freight fell slightly by 0.2%.

Carriers in North America and Europe saw demand improvements in the first half of 2009, but the second half was relatively steady and unchanged.

As the economy continues to get back on track passenger numbers will rise in 2010. While business travelers have either stayed home or purchased economy tickets, business and premium demand numbers are expected to be on the upswing in 2010.

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Court tosses $6.5 million verdict against business owners - Milwaukee Journal Sentinel

Posted: 28 Jan 2010 07:03 AM PST

Jan. 28, 2010 11:12 a.m. | The Milwaukee Journal Sentinel is viewed in print or online each week by 62.2% of adults in southeastern Wisconsin, tying it with the Washington Post for highest local market penetration among newspapers in the nation's 50 largest metro areas, new research shows.

In addition, the print edition of the Journal Sentinel was tops in the 50 biggest markets in audience reach, with 48.8% of area adults reading it on an average Sunday and 59% viewing it over the course of an average week, according to a report by Scarborough Research.

The percentages are based on the adult population of more than 1.7 million in Dodge, Jefferson, Kenosha, Milwaukee, Ozaukee, Racine, Sheboygan, Walworth, Washington and Waukesha counties.

The Journal Sentinel traditionally ranks high in reader penetration surveys by New York-based Scarborough Research, which conducts the studies nationwide.

"The latest Scarborough numbers are a confirmation of the strong connection southeastern Wisconsin residents have to their community, and their desire for news and shopping information about their home," said Elizabeth Brenner, president and chief operating officer of the publishing group of Journal Communications Inc. "Any way they choose to get their news - in print, online, on mobile devices, on a Kindle or a replica 'E-edition' - our journalists and our sales teams are connecting them with the information they want. That's the strength of this market, and that's why we consistently lead all other markets in market penetration."

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A 3L "Fresh Cask" From FOLONARI - Yahoo Finance

Posted: 28 Jan 2010 08:29 AM PST

NEW YORK--(BUSINESS WIRE)--FOLONARI, the pioneering Italian brand that helped put Pinot Grigio on the (wine) map and on every household table, does it again by entering one of the fastest growing segments of the wine business, the Premium 3L bag-in-the-box category—and Folonari is the first nationally-recognized Italian brand to do that! As consumers inch into the new decade with an economy that has changed the way we consume and buy, the everyday quaffing, value-driven Folonari wine, is like "a favorite pair of jeans"—you just never let go!

"The demand for great-value wines will never go away," commented Peter Sheehan, VP/National Sales Manager for Frederick Wildman and Sons, "and Italy's Folonari is that perfect staple to lead the 3L category for Italian wines," continued Sheehan. "We found an opportunity for Folonari that could not be missed" added Christine Khawam, Brand Manager for Folonari, "and took it to the next level of the on-going hot wine trends."

Folonari's quality-focused new 3L "Fresh Cask" package reflects the temperament of the wine—friendly, relaxed and inviting at consumer-friendly prices. The package is compact and portable—it keeps the wine fresh, crisp and delightful for weeks after opening. "Folonari", explained Richard Cacciato, President of Frederick Wildman and Sons, national importers of Folonari, "is meant to be enjoyed not explained; wines to be shared with friends and as part of everyday life; to enjoy when grilling, while camping, tailgating, or, wherever life takes you," continued Cacciato. "Folonari is 'a trusted friend', always there for you."

The new Folonari Pinot Grigio and Pinot Noir 3L "Fresh Casks" will be available through Wildman's network of US distributors. At a suggested retail price of $19.99 for a 3L box—that's quite a deal for wine-savvy bargain hunters. Look for Folonari 3L "Fresh Cask" wines at stores everywhere this spring.

ABOUT FREDERICK WILDMAN AND SONS:

Importers of fine wines and spirits since 1934, Frederick Wildman and Sons, Ltd., is committed to excellence, and is a major force in the world of wine in the United States. The familiar Wildman oval found on every bottle sold is recognized around the world as a symbol of quality assurance. The company has become what Frederick Wildman's president and CEO Richard Cacciato calls "the biggest little wine company in America."

Frederick Wildman and Sons, ltd., portfolio of brands includes: ITALY: Abbona, Ca' Bianca, Ca' Donini, Castello Monaci, Conti Formentini, Folonari, Galtarossa, La Scolca, Lamberti, Le Ragose, Fattorie Melini, Melini, Nino Negri, Pellegrino, Tenuta Rapitala, Re Manfredi, Santa Maria La Palma, Santi; FRANCE: Champagne Pol Roger, Chartreuse, Chateau de Chamirey, Chateau Fuisse/Vincent Selections, Chateau La Lagune, Chateau St. Sulpice, Armand Rousseau, Christian Moreau Pere et Fils, Domaine des Perdrix, Jacques Prieur, Olivier Leflaive, Hugel et Fils, Domaine Potel, Pascal Jolivet, Paul Jaboulet Aine, Stephane Aviron, Vertical Vodka; ARGENTINA: Astica, Broquel, Falling Star, Michel Torino, Trapiche; SPAIN: El Coto de Rioja, Baron de Ley, Museum, Maximo; GERMANY: Egon Muller/Chateau Bela, Wittmann; AUSTRIA: Grooner; AUSTRALIA: Jinda-lee; NEW ZEALAND: Glazebrook; CHILE: Arboleda, Sena; PORTUGAL: Churchill's and Churchill Estate, SOUTH AFRICA: Backsberg.

Note to Editors: samples upon request.

Attachments: Ads, Package

For more information on news about Folonari, visit www.Folonariwines.com or for all Frederick Wildman and Sons and Wildman wines, please contact Odila Galer-Noel at 1-800-RED WINE x911 and visit www.frederickwildman.com.

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Highlights of Obama's address - Florida Today

Posted: 27 Jan 2010 07:07 PM PST

Highlights of President Barack Obama's State of the Union address Wednesday night to a joint session of Congress:

ECONOMY/JOBS

—Urged the Senate to follow the House and pass a second jobs bill as its first order of business this year.

—Proposed using $30 billion repaid by Wall Street banks to help community banks lend money to small businesses so they can stay afloat.

—Proposed new tax credit for small business that hire workers or raise the wages of current employees.

—Proposed eliminating all capital gains taxes on small-business investment and providing tax incentives for all businesses to invest in new plants and equipment.

—Said it's time to slash tax breaks for companies that move jobs overseas and extend them to companies that create jobs in the U.S.

—Set a goal of doubling exports over the next five years, contending it will support 2 million jobs at home. Announced an initiative to help farmers and small businesses increase their exports. Promised to reform export rules.

FINANCIAL OVERHAUL

—Urged Senate to follow the House and pass a financial overhaul bill to protect consumers from industry abuses and make sure they have the information they need to make decisions about what to do with their money.

HEALTH CARE

—Urged Democrats dispirited by the loss of their 60-vote Senate majority not to abandon the yearlong effort to overhaul the health care system.

FEDERAL SPENDING

—Proposed a three-year freeze on most domestic spending, beginning in 2011. Spending on national security, Medicare, Medicaid and Social Security would be exempt.

—Announced he will issue an executive order creating a bipartisan task force to recommend ways to reduce the deficit.

OPEN GOVERNMENT

—Called for requiring lobbyists to report each contact with his administration or Congress.

—Called for 'strict limits' on lobbyist contributions to candidates for federal office.

—Urged lawmakers to pass a bill to undo a recent Supreme Court ruling that allows companies and labor unions to spend freely on campaign ads that promote or target particular candidates by name.

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