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CAPA – leaders in global aviation knowledge, delivering market analysis, data and information services to support strategic planning at blue chip international aviation organisations worldwide.

Air France-KLM: a new strategic plan awaits as 2Q marks another step on the recovery path

26-Jul-2014 7:09 PM

Air France-KLM's recovery continued with another year on year improvement in quarterly results in 2Q2014, mainly because it cut unit costs more quickly than the fall in unit revenues. Following its early Jul-2014 profit warning, it has made no further changes to its FY2014 EBITDA target, which remains EUR2.2-2.3 billion, and it continues to target net debt of EUR4.5 billion at the end of 2015 (versus EUR5.4 billion at the end of Jun-2014).

On the strategic front, Air France-KLM is accelerating the growth of its Transavia LCC subsidiary, although this unit is still loss-making, and is re-grouping its Air France point to point and Hop regional operations into a single business unit. In addition, it is examining further reductions to its full-freighter fleet, beyond those previously announced.

Air France-KLM is also working on its next five year strategic plan, to follow its Transform 2015 restructuring plan. To be unveiled in Sep-2014, the "Perform 2020" plan will focus on growth and competitiveness.

All Nippon Airways SWOT: a secure base with room for improvement, but no room for complacency

26-Jul-2014 2:05 PM

United Airlines improves 2Q2014 performance and defines how it intends to sustain momentum

25-Jul-2014 11:52 PM

easyJet: FY profit double digit growth despite "less benign" environment in European short-haul

25-Jul-2014 10:57 PM

Tigerair incurs another loss in 1Q. Turnaround hinges on increased transit traffic and partnerships

25-Jul-2014 1:08 PM

Delta Air Lines puts trans-Atlantic worries to rest as it posts strong 2Q2014 results

24-Jul-2014 11:55 PM

Cambodian aviation's surge in airline start-ups as Chinese traffic drives rapid growth

24-Jul-2014 10:20 AM

What Makes the Ideal Airline CEO?

Do CAPA's World Aviation Summit delegates agree with the experts?

At CAPA’s World Aviation Summit in Amsterdam in Nov-2013, delegates were asked what they considered to be the key characteristics that an airline CEO should possess. Included in the responses were words such as vision, decision-maker, innovative, charismatic, leadership, communications, focus, passion, adaptability, discipline, entrepreneur. Delegates were also asked to nominate who they considered to be the best airline CEO ever.

In the fiercely competitive airline market place, the airline CEO needs an almost impossibly broad range of skills. Is it reasonable to expect to find all these qualities in one person? How important are the other executives and the board of directors to a CEO? A panel session at the Summit, led by CAPA Executive Chairman Peter Harbison, discussed these and a range of other issues that touch on what makes the ideal airline CEO. Who were the panellists’ nominations for best airline CEO and did Summit delegates share their views?

Remaining Pure In An Impure World

Norwegian Air Shuttle CEO Update

Etihad CEO James Hogan Q&A

The Drivers of Airline Industry Transformation

Etihad Regional CEO Update
Airline Leader