New EU Aviation Strategy avoids key issues as Asia Pacific and Middle East claim the future
Europe is still an important aviation region. But it is diminishing in importance and its position as one of the two leading world regions (with North America) has been surpassed by Asia Pacific. Moreover, it is clear from orders for widebody aircraft, the main agent of competition between the regions, that the future belongs to Asia Pacific and the Middle East. In this respect, Europe and North America are becoming 'also rans'.
That said, Europe is home to globally significant airlines and other aviation companies, and these players are anxious to participate in the growth offered by aviation markets to the east. The European Union's new Aviation Strategy document, published on 7-Dec-2015, recognises this: "The EU aviation sector must be allowed to tap into the new growth markets where significant economic opportunities will be generated in the decades to come".
However, all six associations representing Europe's aircraft operators issued a joint response calling for more specific and far-reaching remedies. In a rare display of unity, AEA, EBAA, EEA, ELFAA, ERA and IACA* said that that the strategy "lacks ambition". It certainly seems to duck some key issues.
* AEA (Association of European Airlines), EBAA (European Business Aviation Association), EEA (European Express Association) ELFAA (European Low Fares Airline Association), ERA (European Regions Airline Assocation), IACA (International Air Carrier Association)
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