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Atlanta Hosts U.S. Hispanic Chamber of Commerce Convention; Delta Air Lines Sees Revenue Boost

Strategic Insights

— 2 min read

Atlanta will serve as the host city for the U.S. Hispanic Chamber of Commerce's annual convention, a significant event for the city's business community. The convention, scheduled for 2001, is expected to draw over 1,200 conventioneers and exhibitors, with the potential for up to 10,000 attendees due to its open-to-the-public nature. This distinction comes as a result of the local chamber's efforts to secure the event, leveraging the city's economic growth and the presence of a substantial number of Latino businesses in the state.

Key Takeaways:

  • The Atlanta Hispanic Chamber of Commerce successfully led efforts to land the U.S. Hispanic Chamber of Commerce's annual convention for 2001, with an expected attendance of over 10,000 people.
  • Deciding factors for Atlanta's selection included the strength of the local chamber, the city's economic growth, and the number of Latino businesses in the state.
  • Delta Air Lines experienced a significant increase in seat filling in May, with a 75.1 percent load factor, up from 73.2 percent the previous year.
  • Delta's commuter affiliate, Atlantic Southeast Airlines, also reported revenue growth and increased load factor, filling 57 percent of its seats in May 1998.
  • Lucent Technologies, a major employer in the Atlanta area, announced the acquisition of British company SDX Business Systems for approximately $202 million.

Statistics:

  • 75.1 percent: Delta Air Lines' load factor in May 2001, up from 73.2 percent the previous year.
  • 9.02 billion: Revenue passenger miles for Delta Air Lines in May 2001, a 6 percent increase.
  • 3 percent: Seat capacity increase for Delta Air Lines in May 2001.
  • 57 percent: ATLANTIC SOUTHEAST AIRLINES's load factor in May 1998.
  • 13 percent: Traffic increase for Atlantic Southeast Airlines in May 1998.
  • 3 percent: Capacity increase for Atlantic Southeast Airlines in May 1998.
  • 10,000: Estimated number of attendees for the U.S. Hispanic Chamber of Commerce's annual convention.
  • 1,200: Number of conventioneers and exhibitors expected to attend the convention.
  • 2001: Scheduled year for the U.S. Hispanic Chamber of Commerce's annual convention in Atlanta.
  • 2002: Not mentioned, but data from 2001 and 1998, 1997 are referenced.
  • 202 million: Purchase price for SDX Business Systems by Lucent Technologies.
  • 3,000: Number of employees at Lucent's fiber-optics plant in Norcross.
  • 6,800: Total number of Lucent employees in the Atlanta metropolitan area.

Sources:

  • Atlanta Hispanic Chamber of Commerce
  • Delta Air Lines
  • Lucent Technologies
  • ATLANTIC SOUTHEAST AIRLINES
  • SDX Business Systems

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