Home' Asian Aviation : AAV April 2012 Contents 10 AsianAviation | APRIL 2012
Abacus sees emerging growth
Asian travel IT provider Abacus is seeing
significant growth in the region's emerging
markets such as Myanmar and Kazakhstan
and is "cautiously optimistic" for region-
wide bookings in 2012.
"Bookings are in positive territory
compared with last year. And the first
quarter of last year was a very buoyant
start," said Robert Bailey, Abacus CEO.
"We're quite pleased with what we've
seen," he added, pointing out that although
the Chinese New Year means making
comparisons is problematic, bookings are a
few percentage points up on the early part
of last year.
"We're expecting bookings to grow by
three to five per cent this year," said Bailey,
adding that there were variables in this,
including the European financial crisis.
Pointing to particular growth markets,
Bailey said that Myanmar was seeing
exceptionally high growth rates - "albeit
from a low base." Forecasts indicate traveller
numbers are set to increase about 300 per
cent in 2012 against 2011, says Abacus,
with up to one million tourists expected to
visit. Around a fifth of traffic is made up
of business travellers. Outbound traffic will
also grow sharply till 2016, predicts Abacus,
with an expected 100 per cent increase from
Central Asia, including gas-rich
Kazakhstan, has also posted strong growth.
From 2011 to 2016, Abacus predicts an
average of 17 per cent growth in outbound
travel. Kazakhstan itself climbed more
than 20 per cent in 2011 in outbound
tourism, as its large population began to
travel extensively to destinations including
Europe, the Middle East and South East
Asia. The Kazakh national carrier Air Astana
has developed into a "hub carrier" for the
region and recently ordered four Boeing
767-300ERs and three 787 Dreamliners.
"Abacus will continue to invest in
emerging markets in both South East Asia
and Central Asia. With the rapid growth
experienced by countries like Myanmar and
Kazakhstan, we want to ensure that our
customers and partners are well-equipped
with the best solutions and services to help
them grow and entrench themselves firmly
in the Asia Pacific market," said Bailey.
Abacus is also developing mobile solutions
for the travel industry and Bailey says that
the rapid development of HTML5 offers
opportunities as, unlike apps it is not device
specific, meaning that it can be deployed on
iOS, Windows Phone and Blackberry devices.
Apps will generally offer faster processing
times due to their in-built nature though.
"Technology has played a key part in the
tremendous growth of the travel industry
in Asia, and with continued innovation, I
expect travel to overcome any obstacles and
hurdles that are thrown its way," said Bailey.
Mobile users are utilising their devices an
average of 94 minutes per day in apps and
72 minutes browsing the Web compared to
43 and 64 minutes per day respectively, just
a year and half ago, according to figures
from Flurry Analytics. - Colin Baker
NEWS IN BRIEF
Merpati in ARJ MoU
Troubled Indonesian regional carrier
Merpati says that it has signed an MoU
to buy 40 ARJ21-700s from Comac,
with local manufacturer PT Dirgantara
Indonesia producing 40% of the
The much delayed ARJ21 programme has
suffered from certification issues and is
yet to receive firm international orders.
The carrier said that it had also talked
to Embraer, Sukhoi and Mitsubishi, but
none was willing to meet the 40% local
China Southern orders ten
China Southern has placed an order with
Boeing for ten 777-300ERS. The aircraft
are due to be delivered from 2013 to
The list price of the aircraft is US$298
million each, giving a total price of
nearly US$3 billion at catalogue prices.
The carrier says the deal will partly be
payable by cash and partly by financing
arrangements with banking institutions.
China Southern has six 777-200ERs and
four 777-200s in its current fleet.
Hainan considers 787-747 switch
Hainan Airlines is reported to be looking
at switching its order for ten 787s to 747-
8s. The carrier is said to be concerned the
delays in the 787 delivery schedule will
affect its expansion plans.
Abacus CEO Robert Bailey
"Bookings are in positive territory compared with last year. And
the first quarter of last year was a very buoyant start," Robert
Bailey, CEO, Abacus
Links Archive AAV March 2012 AAV_May2012 Navigation Previous Page Next Page