A substantial sample of 679 individuals across the aviation,
rail and shipping industries responded to the survey, providing an
authoritative and wide ranging examination of the current state of
health of those transport sectors around the world.
Our previous transport survey was carried out in 2009 at a time
when transport industries were severely affected by the global
financial crisis. That survey indicated a level of concern right
across the industry, albeit with differing outlooks and prospects
highlighted in each sector. Twelve months on we wanted to take the
pulse of the industry once again to see if the intervening period
had produced any improved business confidence and commercial
The transport industry as a whole is showing signs of cautious
optimism about the state of the recovery.
17% of respondents think that the global financial crisis is
already beginning to dissipate, with a further 14% expecting
improvements within twelve months.
Joint ventures are being actively sought across all three
transport sectors and in all key markets around the world.
Government support, equity funding and bank debt are expected
to be the three primary sources of funding for the industry as a
whole over the next two years.
44% of respondents agree that infrastructure investment will be
the single most helpful form of government support.
An increase in fiscal incentives is the most likely trigger for
a sustained investment in greener technology.
63% of respondents are currently engaged in improving their
technological performance in order to reduce their environmental
The Asia Pacific and Middle East and North African
(MENA) regions are the most buoyant transport
Although a third of all respondents do not expect the impact of
the crisis to dissipate for at least another year, the general
picture in 2010 is one of renewed confidence within the industries
surveyed, tempered by continuing economic challenges. Broadly, the
results show that businesses operating in Asia Pacific and the
Middle East are recovering fastest from the global financial
crisis, confidence within the aviation sector has improved from
very low levels last year, and transport businesses as a whole see
joint venturing as an attractive way of gaining strength in the
recovery. Over the next twelve months there will be continued
demand within the industry for higher levels of infrastructure
investment and incentives to support the recovery process and pave
the way for sustained growth. Meanwhile, transport businesses are
actively engaged in seeking technological improvements to reduce
their environmental impact.
In response to growing interest in the commercial use of drones or RPAs in Australia, CASA has developed new regulations.
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