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Adelaide Airport taking a pragmatic approach to technology with laser focus on costs

Adelaide Airport taking a pragmatic approach to technology with laser focus on costs

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The following article was published by Future Travel Experience

Adelaide Airport’s David Blackwell spoke to FTE to reflect on how the airport has coped with the COVID-19 crisis during the past few months.

At the upcoming FTE APEX Virtual Expo, which will take place on 8-9 December, David Blackwell, Executive General Manager Technology & Innovation, Adelaide Airport, will moderate a panel of industry experts to assess what the next generation of airport facilities will look like post-COVID-19 and what new technologies will likely be utilised in the airport terminal.

Adelaide International Airport experienced a 97% traffic reduction during the March quarter, as a result of continued travel restrictions both domestically and internationally due to the COVID-19 pandemic. Back in April, Australia banned all international travel, while the announcement that Virgin Australia is moving into voluntary administration, has further complicated domestic recovery.

Nevertheless, Adelaide Airport has been seeing first signs of recovery, especially following the reopening of the Sydney to Adelaide route late in September. “In South Australia we’re opened to everybody. Sydney is a very positive step for us, and we see traffic starting to rebound a bit,” says David Blackwell, Executive General Manager Technology & Innovation, Adelaide Airport, who recently spoke to FTE to reflect on how the airport has coped with the COVID-19 crisis during the past few months, and how it is adapting to post-COVID-19 operations.

From the very beginning of the outbreak, Blackwell explains that the main priority has been on keeping the airport’s workforce safe and shifting to a secure work-from-home set up. “As an industry we deal with crisis quite frequently, and we rapidly implemented a risk based response. Back in January, we realised we were preparing for a major health crisis like SARS and issued our first briefing. By February, we started to sure up cash balances and liquidity, aggressively manage costs and prepare our people to work from home. I guess the thing that was the most impressive from my point of view is how much we cared about our people and how much focus there was on the wellbeing of our teams and keeping them informed through daily briefings, so that everyone is connected, and they all know what’s going on.”

He added: “We also joined the Australian Aviation Recovery Coalition to make sure the airlines and the airports talk with one voice when they’re talking to governments and other industry partners. And I guess in the last month or two, we started to see a little bit of stabilisation in air business. We reviewed our strategic plan and found it still remains relevant. We have done a real deep dive into our main priorities from our strategic plan and now looking into how to implement them in the new environment.”

$165m terminal expansion underway

Adelaide Airport is in the midst of a A$165m terminal expansion, which aims to significantly upgrade international arrivals and departures and create more retail and dining options for domestic and international travellers.

Meanwhile, Adelaide Airport has been progressing steadily with its A$165 million terminal expansion project, despite the COVID-19 situation.

Launched back in 2018, the terminal development aims to significantly upgrade international arrivals and departures and create more retail and dining options for domestic and international travellers.

Among some of the upgrades will be a second, longer baggage belt for arrivals, more space for emigration and immigration processing, expanded security screening, a larger duty free precinct for arrivals and departures, and expanded dining and retail options. An 80% increase in the overall size of the terminal’s retail and dining precinct across domestic and international areas will include a unique South Austrian Providore food and retail offering. In September, the project reached its latest milestone with the completion of the outside glass façade.

“In 2005, we introduced a pretty unique terminal concept called ‘the multi-user integrated terminal’, which has international, domestic and regional travel all in one terminal,” Blackwell explains. “We’ve also had automated bag drop and kiosks for about 10 years now, so we have already embraced some key technological advancements. The original design had a lot of the common use facilities, so we found it to be very efficient and we haven’t gone too far away from this system. We will continue leveraging those kind of ideas, but what we have done is make it more efficient and bring it to 2020 standards.”

He continued: “We’re now trying to understand what’s the next step. Biometrics is clearly going to be one way to solve the touchless conundrum. But are airlines and government partners ready and is this a pressing need? I don’t think we have reached that point in Australia. So, we will institute new processes and systems when our partners need them and when it optimises their performance but I’m currently not convinced that our airline partners see this as their highest priority right now.”

Customers want a touchless experience

At the upcoming FTE APEX Virtual Expo, which will take place on 8-9 December, Blackwell will moderate a panel of industry experts and technologists, to assess what the next generation of airport facilities will look like post-COVID-19 and what new technologies will likely be utilised in the airport terminal. Ahead of the event, he also shared his views on some of the trends that will shape the future passenger experiences.

“Simple efficient processes are going to be absolutely critical to returning confidence in travel. The majority of our customers want a touchless experience and we all need to figure out how to do this, while stripping away all the needless processes in the terminal.”

Blackwell also agrees that technology such as automation in the airport terminal will become more prevalent post-COVID-19, but says that from Adelaide Airport’s perspective, investment in such technology might prove to be too big of a risk, against the backdrop of the uncertainty brought by the pandemic.

“Right now, we have a cost-base that we understand and augmenting this with new technology needs careful consideration. We need to know that we are going to get an improvement in either operation efficiency or reduced cost before we can consider it. We’re certainly not averse to technology but currently we have a very pragmatic approach and laser focus on cost. That said, while we are fixated on managing operating costs, investment in capital projects that will generate revenue or further reduce costs are being prioritised.”

He adds: “There’s also a delicate balance between automation and the human touch. Full automation also potentially means depersonalising the experience and this is something the industry has been grappling with for a long time. Human contact, especially from customers who need support from an accessibility point of view, is an expectation when travelling. Some robotics and technology can do that, but a lot of people do want to interact with humans. Also, I think in the terminal environment, we will see additional premiumisation happening, so people can pay for premium experiences and COVID-19 will likely bring this trend to the fore even more.”

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Adelaide Airport taking a pragmatic approach to technology with laser focus on costs

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Homes listed for sale in early June sell for $7,700 more

New Zillow research suggests the spring home shopping season may see a second wave this summer if mortgage rates fall
The post Homes listed for sale in…

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  • A Zillow analysis of 2023 home sales finds homes listed in the first two weeks of June sold for 2.3% more. 
  • The best time to list a home for sale is a month later than it was in 2019, likely driven by mortgage rates.
  • The best time to list can be as early as the second half of February in San Francisco, and as late as the first half of July in New York and Philadelphia. 

Spring home sellers looking to maximize their sale price may want to wait it out and list their home for sale in the first half of June. A new Zillow® analysis of 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home.  

The best time to list consistently had been early May in the years leading up to the pandemic. The shift to June suggests mortgage rates are strongly influencing demand on top of the usual seasonality that brings buyers to the market in the spring. This home-shopping season is poised to follow a similar pattern as that in 2023, with the potential for a second wave if the Federal Reserve lowers interest rates midyear or later. 

The 2.3% sale price premium registered last June followed the first spring in more than 15 years with mortgage rates over 6% on a 30-year fixed-rate loan. The high rates put home buyers on the back foot, and as rates continued upward through May, they were still reassessing and less likely to bid boldly. In June, however, rates pulled back a little from 6.79% to 6.67%, which likely presented an opportunity for determined buyers heading into summer. More buyers understood their market position and could afford to transact, boosting competition and sale prices.

The old logic was that sellers could earn a premium by listing in late spring, when search activity hit its peak. Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality. First-time home buyers who are on the edge of qualifying for a home loan may dip in and out of the market, depending on what’s happening with rates. It is almost certain the Federal Reserve will push back any interest-rate cuts to mid-2024 at the earliest. If mortgage rates follow, that could bring another surge of buyers later this year.

Mortgage rates have been impacting affordability and sale prices since they began rising rapidly two years ago. In 2022, sellers nationwide saw the highest sale premium when they listed their home in late March, right before rates barreled past 5% and continued climbing. 

Zillow’s research finds the best time to list can vary widely by metropolitan area. In 2023, it was as early as the second half of February in San Francisco, and as late as the first half of July in New York. Thirty of the top 35 largest metro areas saw for-sale listings command the highest sale prices between May and early July last year. 

Zillow also found a wide range in the sale price premiums associated with homes listed during those peak periods. At the hottest time of the year in San Jose, homes sold for 5.5% more, a $88,000 boost on a typical home. Meanwhile, homes in San Antonio sold for 1.9% more during that same time period.  

 

Metropolitan Area Best Time to List Price Premium Dollar Boost
United States First half of June 2.3% $7,700
New York, NY First half of July 2.4% $15,500
Los Angeles, CA First half of May 4.1% $39,300
Chicago, IL First half of June 2.8% $8,800
Dallas, TX First half of June 2.5% $9,200
Houston, TX Second half of April 2.0% $6,200
Washington, DC Second half of June 2.2% $12,700
Philadelphia, PA First half of July 2.4% $8,200
Miami, FL First half of June 2.3% $12,900
Atlanta, GA Second half of June 2.3% $8,700
Boston, MA Second half of May 3.5% $23,600
Phoenix, AZ First half of June 3.2% $14,700
San Francisco, CA Second half of February 4.2% $50,300
Riverside, CA First half of May 2.7% $15,600
Detroit, MI First half of July 3.3% $7,900
Seattle, WA First half of June 4.3% $31,500
Minneapolis, MN Second half of May 3.7% $13,400
San Diego, CA Second half of April 3.1% $29,600
Tampa, FL Second half of June 2.1% $8,000
Denver, CO Second half of May 2.9% $16,900
Baltimore, MD First half of July 2.2% $8,200
St. Louis, MO First half of June 2.9% $7,000
Orlando, FL First half of June 2.2% $8,700
Charlotte, NC Second half of May 3.0% $11,000
San Antonio, TX First half of June 1.9% $5,400
Portland, OR Second half of April 2.6% $14,300
Sacramento, CA First half of June 3.2% $17,900
Pittsburgh, PA Second half of June 2.3% $4,700
Cincinnati, OH Second half of April 2.7% $7,500
Austin, TX Second half of May 2.8% $12,600
Las Vegas, NV First half of June 3.4% $14,600
Kansas City, MO Second half of May 2.5% $7,300
Columbus, OH Second half of June 3.3% $10,400
Indianapolis, IN First half of July 3.0% $8,100
Cleveland, OH First half of July  3.4% $7,400
San Jose, CA First half of June 5.5% $88,400

 

The post Homes listed for sale in early June sell for $7,700 more appeared first on Zillow Research.

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Survey Shows Declining Concerns Among Americans About COVID-19

Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat"…

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Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat" to the health of the US population - a sharp decline from a high of 67% in July 2020.

(SARMDY/Shutterstock)

What's more, the Pew Research Center survey conducted from Feb. 7 to Feb. 11 showed that just 10% of Americans are concerned that they will  catch the disease and require hospitalization.

"This data represents a low ebb of public concern about the virus that reached its height in the summer and fall of 2020, when as many as two-thirds of Americans viewed COVID-19 as a major threat to public health," reads the report, which was published March 7.

According to the survey, half of the participants understand the significance of researchers and healthcare providers in understanding and treating long COVID - however 27% of participants consider this issue less important, while 22% of Americans are unaware of long COVID.

What's more, while Democrats were far more worried than Republicans in the past, that gap has narrowed significantly.

"In the pandemic’s first year, Democrats were routinely about 40 points more likely than Republicans to view the coronavirus as a major threat to the health of the U.S. population. This gap has waned as overall levels of concern have fallen," reads the report.

More via the Epoch Times;

The survey found that three in ten Democrats under 50 have received an updated COVID-19 vaccine, compared with 66 percent of Democrats ages 65 and older.

Moreover, 66 percent of Democrats ages 65 and older have received the updated COVID-19 vaccine, while only 24 percent of Republicans ages 65 and older have done so.

“This 42-point partisan gap is much wider now than at other points since the start of the outbreak. For instance, in August 2021, 93 percent of older Democrats and 78 percent of older Republicans said they had received all the shots needed to be fully vaccinated (a 15-point gap),” it noted.

COVID-19 No Longer an Emergency

The U.S. Centers for Disease Control and Prevention (CDC) recently issued its updated recommendations for the virus, which no longer require people to stay home for five days after testing positive for COVID-19.

The updated guidance recommends that people who contracted a respiratory virus stay home, and they can resume normal activities when their symptoms improve overall and their fever subsides for 24 hours without medication.

“We still must use the commonsense solutions we know work to protect ourselves and others from serious illness from respiratory viruses, this includes vaccination, treatment, and staying home when we get sick,” CDC director Dr. Mandy Cohen said in a statement.

The CDC said that while the virus remains a threat, it is now less likely to cause severe illness because of widespread immunity and improved tools to prevent and treat the disease.

Importantly, states and countries that have already adjusted recommended isolation times have not seen increased hospitalizations or deaths related to COVID-19,” it stated.

The federal government suspended its free at-home COVID-19 test program on March 8, according to a website set up by the government, following a decrease in COVID-19-related hospitalizations.

According to the CDC, hospitalization rates for COVID-19 and influenza diseases remain “elevated” but are decreasing in some parts of the United States.

Tyler Durden Sun, 03/10/2024 - 22:45

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Rand Paul Teases Senate GOP Leader Run – Musk Says “I Would Support”

Rand Paul Teases Senate GOP Leader Run – Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump…

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Rand Paul Teases Senate GOP Leader Run - Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump into the race to become the next Senate GOP leader, and Elon Musk was quick to support the idea. Republicans must find a successor for periodically malfunctioning Mitch McConnell, who recently announced he'll step down in November, though intending to keep his Senate seat until his term ends in January 2027, when he'd be within weeks of turning 86. 

So far, the announced field consists of two quintessential establishment types: John Cornyn of Texas and John Thune of South Dakota. While John Barrasso's name had been thrown around as one of "The Three Johns" considered top contenders, the Wyoming senator on Tuesday said he'll instead seek the number two slot as party whip. 

Paul used X to tease his potential bid for the position which -- if the GOP takes back the upper chamber in November -- could graduate from Minority Leader to Majority Leader. He started by telling his 5.1 million followers he'd had lots of people asking him about his interest in running...

...then followed up with a poll in which he predictably annihilated Cornyn and Thune, taking a 96% share as of Friday night, with the other two below 2% each. 

Elon Musk was quick to back the idea of Paul as GOP leader, while daring Cornyn and Thune to follow Paul's lead by throwing their names out for consideration by the Twitter-verse X-verse. 

Paul has been a stalwart opponent of security-state mass surveillance, foreign interventionism -- to include shoveling billions of dollars into the proxy war in Ukraine -- and out-of-control spending in general. He demonstrated the latter passion on the Senate floor this week as he ridiculed the latest kick-the-can spending package:   

In February, Paul used Senate rules to force his colleagues into a grueling Super Bowl weekend of votes, as he worked to derail a $95 billion foreign aid bill. "I think we should stay here as long as it takes,” said Paul. “If it takes a week or a month, I’ll force them to stay here to discuss why they think the border of Ukraine is more important than the US border.”

Don't expect a Majority Leader Paul to ditch the filibuster -- he's been a hardy user of the legislative delay tactic. In 2013, he spoke for 13 hours to fight the nomination of John Brennan as CIA director. In 2015, he orated for 10-and-a-half-hours to oppose extension of the Patriot Act

Rand Paul amid his 10 1/2 hour filibuster in 2015

Among the general public, Paul is probably best known as Capitol Hill's chief tormentor of Dr. Anthony Fauci, who was director of the National Institute of Allergy and Infectious Disease during the Covid-19 pandemic. Paul says the evidence indicates the virus emerged from China's Wuhan Institute of Virology. He's accused Fauci and other members of the US government public health apparatus of evading questions about their funding of the Chinese lab's "gain of function" research, which takes natural viruses and morphs them into something more dangerous. Paul has pointedly said that Fauci committed perjury in congressional hearings and that he belongs in jail "without question."   

Musk is neither the only nor the first noteworthy figure to back Paul for party leader. Just hours after McConnell announced his upcoming step-down from leadership, independent 2024 presidential candidate Robert F. Kennedy, Jr voiced his support: 

In a testament to the extent to which the establishment recoils at the libertarian-minded Paul, mainstream media outlets -- which have been quick to report on other developments in the majority leader race -- pretended not to notice that Paul had signaled his interest in the job. More than 24 hours after Paul's test-the-waters tweet-fest began, not a single major outlet had brought it to the attention of their audience. 

That may be his strongest endorsement yet. 

Tyler Durden Sun, 03/10/2024 - 20:25

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