A Quote by Thabo Mbeki
The problems that are arising at Johannesburg International Airport are because of the growth of volume, not because of inefficiencies at the Airport. But, the growth in movement of goods by air means that cargo capacity needs to be improved. And I am quite certain that we will do it.
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I am very pleased to see this project moving ahead. The Hamilton Airport serves as an international gateway to south-western Ontario. This new facility will allow the airport to expand its air cargo business and help strengthen the local economy. This is another example of Ontario's commitment to public infrastructure that contributes to long-term growth for the region.
Dubai Airport will peak at a maximum of 100 million passengers a year, which would limit Emirate's growth, but the new Al Maktoum International with its capacity for another 120 million passengers will allow us to continue growing.
We are going to sign a treaty with Mexico. We are competing internationally. We need another international airport for international cargo, international travel, international businesses.
Clearly, there needs to be an increase in the capacity of the railway system. That's why there are these projections of increasing the capacity to carry freight on the railways by 30% over the next five years or so, because the volume of goods moved up and down, imports, exports, and within the country, has grown much larger than the capacity. And this is part of the higher costs to business, because charges, for instance, at the ports become too high and they put up the prices of these goods, whether they are imports or exports. You want to reduce that.
Today we slaughtered them in the airport. They are out of Saddam International Airport
Now that we have a democracy and you can go back and the airport air is not laden with evil any more, you can actually breathe oxygen when you land in Johannesburg.
Yes, Heathrow is the U.K.'s busiest airport, but new runways or a new airport are not the answer. It is far better to focus on improving capacity.
Growth is essential and must be sustained. But rapid growth alone cannot address the problems arising out of continuing disparities. Tackling these is not just a matter of social justice but, more importantly, an existential necessity and a moral imperative.
I paid every effort to seek deregulation throughout FEDEX's start-up and expansion periods, because the biggest impediment to our growth was the government regulations that restricted new entry into the air cargo market.
I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?' They feel a tremendous pressure to grow. Well, sometimes you can't grow. Sometimes you don't want to grow. In certain businesses, growth means you either take on bad clients, excess risk, or too much leverage.
Obviously, you can't operate a system at 100 percent capacity. You need room for growth. And because there are peak times, you need surge capacity. But it is easier to reduce and manage excess capacity in larger units than smaller, especially when you have a diversity of users who have different peak periods and different growth rates. That's why the utility model is intriguing.
Strangely enough, my favorite airport is Logan Airport in Boston - but largely for sentimental reasons. My first real summer job was working as a journeyman for the airport's resident maintenance crew - a small army of union electricians, plumbers, and carpenters.
My one guilty pleasure is, every airport, I will drop everything to get an airport massage at those kiosks.
Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.
Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth, profit growth, asset growth, but all of this probably will not happen without personal growth.
Less cars on the road means productivity and jobs growth, as it allows for the more efficient movement of goods and services and encourages greater urban population density.
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