Latest news with #Thomsen
Otago Daily Times
2 days ago
- Automotive
- Otago Daily Times
Young drivers' offending cut in half over decade: AA
Young drivers are committing fewer driving offences than a decade ago, but road deaths remain high, according to new research from the Automobile Association. The AA said between 2013 and 2024 overall rates of offending by 15 to 19-year-old licensed drivers fell by 41%. Drunk and drugged driving offences fell by 58% and seat belt offences dropped by 52%. AA road safety spokesperson Dylan Thomsen said it was encouraging that more young people were following the rules. "That's a real positive and demonstrates that we are heading in the right direction with the various road safety initiatives and legislative and policy changes that have been undertaken over time," he said. This included the driving age being raised from 15 to 16, the introduction of a zero-alcohol limit for people under 20 and the toughening of the restricted licence test, Thomsen said. "I think there's also been a bit of a cultural shift that's started to go on of a bunch of our younger drivers taking a few less risks and being a bit more careful," he said. The AA's data also showed a reduction in the number of fatalities of young drivers on the roads. New Zealand had a death toll of 16.6 road deaths per 100,000 licensed young drivers last year. This was compared to 19.7 deaths per 100,000 young drivers in 2023 and 22.5 deaths in 2013. "Even though the picture is better, we still have the worst rates of road deaths amongst young people of any developed country, and people under 25 in New Zealand die from road crashes at a much higher rate than older age groups," Thomsen said. "These figures show we need to be focusing on more than just enforcement to bring crash rates down even further." Thomsen said this latest data was timely with the government considering changes to the Graduated Driver Licensing System. The government was proposing to remove the practical driving test needed to get a full car driver's licence, and reduce the number of eye tests required. It was also proposing some new safety measures, including requiring drivers on a restricted to keep a clean driving record, halving the demerit threshold for learner and restricted drivers to 50 points, and a zero-alcohol limit for learner and restricted drivers of any age. Skills and training vital Any changes would be implemented in July 2026. "The AA supports some of the changes being proposed, in particular extending the zero-alcohol limit to cover a learner or restricted driver and more consequences if people offend while novice drivers," Thomsen said. "However, we also need to lift the level of practice, skills and training that young people have before they start driving solo to help reduce road fatalities. "The learner and restricted stages of the licensing system are the ideal time to instil practices and habits that will keep novice drivers and others safe on the road." The AA wanted three changes added to the government's driver licensing proposal: Increasing the learner period from six to 12 months to allow people to gain more experience under supervision before driving solo. Requiring a minimum 60 hours practice with a supervisor across a range of conditions on a learner licence. Professional training incentivised by accelerating progress through the practice hours system - for example crediting two or three hours following a one-hour session with a professional instructor.
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Business Standard
4 days ago
- Business
- Business Standard
Airlines facing skewed value chain, profit margin never crossed 5%: IATA
IATA Chief Economist hope that any efforts to address making the airline value chain less skewed will surely be an example for other countries Press Trust of India New Delhi Airlines are grappling with a skewed value chain globally and historically, the profit margin has never crossed 5 per cent, according to IATA Chief Economist Marie Owens Thomsen. Also, she expressed hope that any efforts to address making the airline value chain less skewed will surely be an example for other countries. India is one of the world's fastest growing civil aviation market. At an interaction in the national capital this week, Thomsen said the skewed value chain for the global airlines industry is also a result of legacy policies. Thomsen is the Chief Economist & Senior Vice President Sustainability at the International Airport Transport Association (IATA), a grouping of over 350 airlines. "Nobody sat down from the beginning and said, I'm going to create a super skewed value chain and make sure that the airlines never make any money. "I don't think anybody had that intent. But unfortunately, that's sort of where we've ended up. And our industry globally has never made a profit margin in excess of 5 per cent," she said. While noting that all participants in the value chain make more money than the airlines, she mentioned about the oligopolistic pricing power among the aircraft manufacturers and the outsized market power of oil companies. "... then downstream, you know, notably here in India, maybe a very price competitive environment... our customers choose their airlines primarily on price. So the airlines are left completely squeezed between these two with very few ways out," she said. Further, Thomsen said that if the Indian government tries to do everything to create a less skewed value chain, and that becomes possible, then that would surely be an example to follow for every other country. For 2025, IATA has projected airlines to report a net profit of $36 billion and a profit margin of 3.7 per cent. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
4 days ago
- Business
- Time of India
Airline Industry Value Chain: IATA Chief Economist highlights airlines' struggles with skewed value chain and low profit margins, ET Infra
Advt Airlines are grappling with a skewed value chain globally and historically, the profit margin has never crossed 5 per cent, according to IATA Chief Economist Marie Owens Thomsen Also, she expressed hope that any efforts to address making the airline value chain less skewed will surely be an example for other is one of the world's fastest growing civil aviation an interaction in the national capital this week, Thomsen said the skewed value chain for the global airlines industry is also a result of legacy is the Chief Economist & Senior Vice President Sustainability at the International Airport Transport Association (IATA), a grouping of over 350 airlines."Nobody sat down from the beginning and said, I'm going to create a super skewed value chain and make sure that the airlines never make any money."I don't think anybody had that intent. But unfortunately, that's sort of where we've ended up. And our industry globally has never made a profit margin in excess of 5 per cent," she noting that all participants in the value chain make more money than the airlines, she mentioned about the oligopolistic pricing power among the aircraft manufacturers and the outsized market power of oil companies."... then downstream, you know, notably here in India, maybe a very price competitive environment... our customers choose their airlines primarily on price. So the airlines are left completely squeezed between these two with very few ways out," she Thomsen said that if the Indian government tries to do everything to create a less skewed value chain, and that becomes possible, then that would surely be an example to follow for every other 2025, IATA has projected airlines to report a net profit of USD 36 billion and a profit margin of 3.7 per cent.
Mint
4 days ago
- Business
- Mint
Airlines facing skewed value chain; profit margin never crossed 5 pc; IATA executive
New Delhi, Jun 6 (PTI) Airlines are grappling with a skewed value chain globally and historically, the profit margin has never crossed 5 per cent, according to IATA Chief Economist Marie Owens Thomsen. Also, she expressed hope that any efforts to address making the airline value chain less skewed will surely be an example for other countries. India is one of the world's fastest growing civil aviation market. At an interaction in the national capital this week, Thomsen said the skewed value chain for the global airlines industry is also a result of legacy policies. Thomsen is the Chief Economist & Senior Vice President Sustainability at the International Airport Transport Association (IATA), a grouping of over 350 airlines. "Nobody sat down from the beginning and said, I'm going to create a super skewed value chain and make sure that the airlines never "I don't think anybody had that intent. But unfortunately, that's sort of where we've ended up. And our industry globally has never made a profit margin in excess of 5 per cent," she said. While noting that all participants in the value chain make more money than the airlines, she mentioned about the oligopolistic pricing power among the aircraft manufacturers and the outsized market power of oil companies. "... then downstream, you know, notably here in India, maybe a very price competitive environment... our customers choose their airlines primarily on price. So the airlines are left completely squeezed between these two with very few ways out," she said. Further, Thomsen said that if the Indian government tries to do everything to create a less skewed value chain, and that becomes possible, then that would surely be an example to follow for every other country. For 2025, IATA has projected airlines to report a net profit of USD 36 billion and a profit margin of 3.7 per cent.
Time of India
6 days ago
- Business
- Time of India
Aviation soars, but profits still on the ground
India's aviation sector is expanding rapidly, but overall profitability remains elusive—not just for Indian carriers, but globally as well, said Marie Owens Thomsen , chief economist, International Air Transport Association (IATA). IATA's latest outlook projects the global airline industry will earn just $7.2 per passenger in 2025, a slight improvement from $6.8 in 2024. West Asia leads with $27.2, followed by North America at $11.1, and Europe at $8.9. Asia Pacific, where India belongs, trails with a forecast of only $2.6 per passenger. While India-specific figures weren't shared, Thomsen said the country likely sits below the regional average due to high costs and competitive pricing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo
