AIRTRANSPORTANNUALREPORT2012 - Archive
AIRTRANSPORTANNUALREPORT2012 - Archive
AIRTRANSPORTANNUALREPORT2012 - Archive
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EXECUTIVESUMMARY<br />
TheWorldBankGroup(WBG)fiscalyear2012<br />
AirTransportPorolioincludesnearly30pro<br />
jects or project components in all six World<br />
Bank regions, as well as 20 acve IFC invest<br />
mentsandseveraladvisorymandates.<br />
FY12 has been a successful year for air<br />
transportdespiteasmalldeclineintheacve<br />
air transport porolio volume of the WBG of<br />
4.5% from US$1,304.8 to $US1,245.6 due to<br />
thecompleonofseveralprojects.Aparcular<br />
highlightofthisyearhasbeentheapprovalof<br />
a US$125 million regional aviaon project in<br />
theSouthPacific.<br />
ThemajorityofprojectsintheIDAandIBRDAir<br />
Transport Porolio are being implemented in<br />
the Africa Region, with new and addional<br />
commitmentsinTanzaniaandSierraLeoneap<br />
provedthisyear.Thefocusoftheseprojectsis<br />
parcularly on infrastructure rehabilitaon, in<br />
stuonalstrengthening,andcapacitybuilding.<br />
Most new acvity has been recorded in the<br />
EastAsiaandPacificRegionwiththelaunchof<br />
thePacificAviaonInvestmentProgram(PAIP).<br />
TheimplementaonofIBRDandIDAfinanced<br />
projects in Lan America and the Caribbean<br />
and the Middle East and North Africa<br />
progressedsasfactorilyinFY12.<br />
<br />
The IFC Air Transport Porolio decreased<br />
slightlyinFY12,by7.7%percentinacvepro<br />
jectcommitmentstoUS$632.9million.IFCAd<br />
visoryexpandeditsporolioserviceshowever,<br />
having iniated several airport mandates dur<br />
ingFY11withfollowupinFY12.<br />
MIGA has been involved in air transport with<br />
theissuanceofguaranteesfortwoairportpro<br />
jectsinEcuadorandPeru.<br />
Safety and Security and Environmental Chal<br />
lengesremainthecorefocusofExternalRela<br />
onswith the Internaonal Civil Aviaon Or<br />
ganizaon(ICAO).TheWBG,ICAO,andRoutes<br />
(represenng the airline industry) also held<br />
their 7 th Global Aviaon Strategy Summit in<br />
Berlin,GermanyinOctober2011.<br />
In line with the objecve of its external rela<br />
ons,thefocusinternallyhasalsobeonenvi<br />
ronmentalissues.TheAirTransportUnitthere<br />
foreorganizedaBrownBagLunchthisyearon<br />
thecontroversialinclusionofaviaonintothe<br />
EUEmissionTradingScheme(ETS)witharep<br />
resentaveoftheEUinvitedasapresenter.<br />
Finally,industryrelevantResearchbytheWBG<br />
thisyearwasfocusedonlowcostairlinesana<br />
lyzing opportunies and impact of business<br />
modelindevelopingcountries.Thisresearchis<br />
plannedtobecompletedinFY13.<br />
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