Archive for March, 2008

Rising Fuel Costs Pit Airlines against Credit Card Companies Toronto summit to discuss new payment methods for airline tickets

Thursday, March 27th, 2008

Pittsburgh Airlines face slim profit margins because their high fixed costs of labor, equipment and fuel leave them few cost-cutting options. In the face of record-high fuel costs, Airlines have identified credit card fees as their largest controllable cost and are encouraging their customers to pay them with alternate payment solutions, which offer them significantly lower payment fees than traditional credit cards. Conversely, airlines earn billions of Dollars each year from their own co-branded credit cards, which offer customers frequent flyer miles for purchases. The first Airline Payment Summit to be held April 9 – 10 in Toronto will bring together airlines, alternate payment solutions and credit card companies to discuss this complex landscape of airline payments.

According to the International Air Transport Association (IATA), the industry as a whole earned an estimated $5.6 billion U.S. Dollars in 2007, which represented a 1.1% net margin on sales of $490 billion. At the same time, a recent study by Edgar, Dunn & Company and the Airlines Reporting Corporation (ARC) revealed that passengers pay for their airline tickets 83% of the time with credit cards with fees averaging $12 per ticket, costing the industry $1.5 billion annually. In an urgent attempt to reduce this figure, the websites of many airlines are now crowded with a variety of lower-fee payment options, including Bill me Later, PayPal, TeleCheck and Western Union. For business travelers, who tend to book through corporate travel agencies, airlines are encouraging the use the world’s first credit card, UATP- a payment solution for travel purchases that is gentle on fees, since UATP is owned by the airline industry.

Michael Smith, Airline Payment Summit Chairman and Director of the U.K.-based consultancy SeaMountain, says: While on the one hand airlines work to cut traditional credit card payment costs, on the other, mileage-earning co-branded credit cards generate huge amounts of cash for both the airlines and the issuing merchant banks.â€? Smith continues: “Airline co-branded credit cards are among the most profitable cards for banks due to emotional behavior driving customers to collect more and more miles.â€? For each mile that a customer is given by a credit card issuer for purchases, the airline receives a payment of generally between one and two U.S. Cents. For a large airline, this can add up to hundreds of millions of revenue in a single year. The Airline Payment Summit will therefore discuss the question of whether airlines should receive a reduction on credit card fees, since they drive the majority of their direct sales through the credit card channel, while also generating unmatched profits for credit card banks through airline co-branded cards. The event will also examine payments from the point of view of card issuers, which are questioning the value of the frequent flyer miles which they purchase from airlines, since available frequent flyer seats are becoming scarcer and scarcer.

The duality of airline payments- reducing payment costs, while also increasing payment revenues from co-branded credit cards, will be high on the agenda of Airline Payment Summit, which will also present other important payment-related issues for airlines, including barter, fraud, information security, onboard payments, multi-currency payments and more. Event Sponsors include American Express, Bill Me Later, BizXchange, eBillme, Eurocommerce, Global Collect, Guestlogix, PayPal and UATP.

About Airline Information:
Airline Information is an established innovator in aviation-related conferences and publications.

About SeaMountain:

Practitioners in the Art and Science of Marketing.

Media Contact:
Christopher Staab
Head of Conferences
Airline Information –
Tel. +1 305 542 9901

How is Asia performing in the Evolving Bio-feedstock & Bioplastics World and what role will Asia play in this business?

Monday, March 17th, 2008

With high oil prices and increasing awareness of environmental footprint, the market for biopolymers is growing exponentially in Europe and USA. There are also growing awareness & interest in Asia, especially in Japan, Taiwan, South Korea & Thailand who are now leading the way. How is Asia performing in this respect and what role will Asia play in this business? These issues will be discussed at CMT’s 2nd Bioplastics Markets on 16-17 April 2008 in Shanghai, China.

According to PackagingKnowledge news in Nov 2007 – Bioplastics have a small but growing market. NatureWorks, which has expanded its production capacity 35 times since 1999, is on track to generate more than 150,000 tons of its polymers by the end of 2007, the bulk of which would be spread across some 45,000 retail shelves worldwide, from England to
South Korea. Brand owners like Sony is currently using polymers by NatureWorks for Walkman casings. In view of their new initiatives, CMT has invited Sony Corporation to share their experience and product development in bioplastics application in consumer electronics devices. Natureworks, on the other hand will speak on the development of PLA market worldwide.

Also, will China’s plan to ban the use of plastic bags from 1 June 2008, present more opportunities for the nascent bioplastics industry to flourish? This will be the focus of the presentation by Mr. Ma Xingfa, Section Chief for Science and Technology Commission of Shanghai Municipality who will look into the impact of this issue and opportunities for other materials including bioplastics.

Other key industry leaders invited to speak include The Office of Science and Technology Committee of the XXIX Olympaid and Bureau of Shanghai World Expo Coordination who will present case studies on the progress developments and potential of biodegradable plastics applications in relation to the Beijing 2008 Olympics The Green Olympic concept and Shanghai World expo 2010.

The 2nd Bioplastics Markets, the most awaited conference is endorsed by Shanghai Society for Advanced Materials (SSAM) and supported by Thai Bioplastics Industry Association (TBIA), Japan BioPlastics Association (JBPA) and Korean Biodegradable Plastics Association (KBPA).

About Centre for Management Technology

A global organizer HQ in Singapore, CMT is dedicated to the provision of latest business and technology information through high profile conferences for varied industries. CMT forums encircle the globe from Asia Pacific to Middle East to New Europe/Russia and the Americas. In 25 years of operation, CMT has hosted leading conferences on Energy, Plastics, Commodities, Chemicals and Biofuels. Visit for further information about us and our events.

Press Contact:
Ms. Wendy Kok
Tel: 65-63469144
Fax: 65-63455928

The Great Indian Developer Ecosystem Will Get Its Due This Summer

Friday, March 7th, 2008

Summit Features Co-located Conferences on Bleeding-edge .NET, Rich Web, and Daring Java

Bangalore March 07, 2008 Saltmarch Media today announced the 2008 edition of Great Indian Developer Summit, to be held May 19-23 2008 at the Indian Institute of Science (IISc), Bangalore. Come, Combine, and Compile at this high-quality summit experience where the most intelligent minds and proactive technology organizations will converge to create a high-quality learning experience. The 2008 edition is centered on the theme of “Recipes for Enterprise Productivity”, and features a blockbuster convergence of three on-the-radar co-located conferences no entity in the “Developer ecosystem” can ignore in their quest for success at work, and in their careers.

Co-located Conferences at Great Indian Developer Summit 2008

Bleeding-edge .NET (May 19-20 2008): Coverage spans across the following tracks – Visual Studio 2008 & .NET 3.5, Databases/SQL Server/Language Integrated Query (LINQ), C# 2008/WWF/WCF/WPF, BizTalk Server/BPM/SOA, SharePoint & Search, Visual Studio Team System, Cut & Bleed technologies

Rich Web (May 21 2008): Web 2.0 & Social Applications, Enterprise 2.0, Ajax In Action, Dynamic Scripting, Browsers & Rich UI, Rich Web Security, and Rich Web Stories

Daring Java (May 22-23 2008): Java Enterprise, Java Development Tools & Techniques, Java Infrastructure Technologies, Java Mobile, Java on the Desktop, Open Source Java, Java Stories, Java and the Rich Web, and Agile Experiences

Quick Facts About Great Indian Developer Summit 2008

Over 100 focused sessions, keynotes, lightning talks, power panels, and BoFs

The Best Speaker Lineup: The Summit will feature Over 40 internationally acclaimed speakers, visionaries, standard setters, luminaries, and committers from the world of enterprise software. Lineup includes the Father of Ajax (Jesse James Garrett), ASP.NET Visonary (Todd Anglin), Java Rockstar (Neal Ford), Java & Ruby Geek (Brian Sam-Bodden), Dreator of jMaki (Greg Murray) and SQL Server Expert (Chad Boyd). See initial program here
Over 2000 Unique Qualified Attendees across five days of the summit Great Indian Developer Expo featuring floor space for over 80 exhibitors open across all 5 days of the summit. More info:

Target Profile includes the collective ecosystem of “Developers” decision makers, analysts, architects, engineers, project managers, designers, and programmers
Summit features the Great Indian Developer Awards, a first-of-its-kind ceremony that honors winners across a range of categories in the IT Developer ecosystem. More info:
Networking Opportunities Galore: thematized after hours and downtimes to foster informal interaction among all stakeholders of GIDS (Sponsors, Exhibitors, Dignitaries, and Delegates): .NET Champagne Party (May 19 2008), Great Indian Developer Awards Nite (May 21 2008), Java Teenage Party (May 23 2008).

The Great Indian Developer Awards at the summit is a first-of-its-kind initiative constituted to honor individual and organizational excellence in the IT Developer ecosystem. The awards will throw the spotlight on product excellence, research and innovation, corporate achievements, the strongest individual efforts, and the most compelling community efforts among the entire IT developer fraternity in India. Everyone worldwide is invited to send in nominations to An independent jury will indulge in a rigorous and transparent process of selection to decide on the winners. The awards will be announced at an awards nite on May 21 2008, at Bangalore.

The summit is endorsed by the Government of Karnataka, IT Secretariat. The Advisory Board includes IT Secretary (Shri M N Vidyashankar), Associate Director of Indian Institute of Science (Prof. Balakrishnan), World-wide President, IEEE Computer Society (Dr. Kasturi Rangachar), Head of Google India R&D (Prasad Ram), Head of Accenture Labs India (Dr. Lin Chase), Head for SETLabs, Infosys Technologies (Subu Goparaju), India Leader for Oracle Corp. (Vijay Anand), India Leader for Microsoft (Tarun Gulati) and several other distinguished panel members. For a full list see

Today, all functions of business are driving purchase decisions, from developers to designers to business strategists (read as the entire “Developer” ecosystem) applying .NET, Java, and Rich web technologies to their work. By sponsoring and exhibiting at the summit, your brand, product, solution, service and process excellence will be seen by many more of your focused target group (over 2000 unique and qualified delegates are expected to attend) over five days than if you were to invest in many months of alternative routes. The summit is also a great place to meet potential customers whom you may never have met otherwise. For the best sponsorship and expo rates, contact your Saltmarch Media representative on or before Mar 22 2008. For more information on Great Indian Developer Summit 2008, look up

About Saltmarch Media

Saltmarch Media is a revolutionary new media company that provides industry-leading Web Sites, Conferences, and new media platforms focusing on diverse sectors such as IT, Energy, Human Resources, Manufacturing, Retail, Biotechnology, and BFSI. Saltmarch’s media properties aim to inform, network, and serve professionals and executives in these diverse sectors with information, opportunities, evaluation and guidance they need to excel in their jobs from keeping pace with emerging trends and technologies, to evaluating products and solutions, to developing strategies, to making cost-effective purchase decisions and effectively managing and leading their organizations’ projects. More information:

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