Angkasa Pura I reported (11-Dec-2019) construction work on New Yogyakarta International Airport is 90% complete and is expected to be fully operational in Mar-2020. Angkasa Pura I president director Faik Fahmi said the transfer of domestic and international routes from Yogyakarta Adisucipto International Airport to New Yogyakarta is projected to occur in late Mar-2020, adding the number of stakeholders will mean the route transfer process will depend upon the readiness of each airline. The airport is presently working on completing the interior of the passenger terminal and the overpass which leads to the departure area on the third floor. [more - original PR - Indonesian]
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Hong Kong travel demand has experienced a seismic shock from the civil unrest that has swept the special administrative area. This has had major ramifications for airlines, particularly Hong Kong-based Cathay Pacific and Hong Kong Airlines. Both have experienced a plummet in demand, prompting major capacity cuts that have been extended into 2020.
It is not yet clear what the full financial impact will be for the airlines.
For the Cathay group airlines and Hong Kong Airlines the loss of traffic and revenue hit when they were already in fragile financial condition – particularly so, Hong Kong Airlines – and broader economic concerns are also growing for Asia’s airline industry.
Several primary hub airports in Europe would like to be recognised as the most significant one connecting that continent with Latin America; Paris Charles de Gaulle and Frankfurt numbered amongst them, and Lisbon. But it has been Madrid that has usually ruled the roost.
Spain’s economic recession and its impact on Iberia threatened that position several years ago when the airline cut many of its westbound long haul routes, opening a window of opportunity for competitors.
The recently announced purchase agreement between Iberia (part of IAG) and Air Europa (Globalia), which is scheduled for completion in 2H2020, theoretically alters the balance again in favour of Madrid, but it is not clear yet how the combined airline will accommodate that Latin American region as the larger Iberia seeks to become a '360° hub'.
CAPA – Centre for Aviation (CAPA), the world’s most trusted source of market intelligence for the aviation and travel industry, announced London Stansted Airport as the host of the CAPA World Aviation Outlook Summit in 2020 during this year’s Summit proceedings in Malta.
To be held on 2/3-Dec-2020, the Summit will welcome over 200 aviation executives to analyse the industry’s performance over the year, discuss the current state of play and forecast the outlook of the aviation market. Covering all regions - Europe, Asia, Middle East, Americas and beyond - expert speakers will guide the debate as they address the commercial and operational pillars that will essentially drive strategic decision-making in 2021.
British Airways, Swoop and Spirit Airlines have been recognised among the top airlines at CAPA’s annual Global Aviation Awards for Excellence in Malta this evening (5-Dec-2019). The nine award categories covering airlines, airports and aviation leadership were presented at a dazzling ceremony at the Westin Dragonara Resort in St Julian’s, attended by over 150 aviation luminaries from across the globe as part of the 2019 CAPA World Aviation Outlook Summit.
Regarded as the pre-eminent awards for strategic excellence in aviation, CAPA first established the awards in 2003 to recognise successful airlines and airports based in the Asia Pacific region. The awards later expanded to the global stage in 2012 to acknowledge aviation excellence worldwide.
CAPA – Centre for Aviation (CAPA), Chairman Emeritus, Peter Harbison said: “In the dynamic and ever-evolving environment of the aviation industry, CAPA’s Global Aviation Awards for Excellence serve as an opportunity to stop and recognise key achievements across our industry over the last 12 months and celebrate with industry peers.”
Premium Analysis
Airport construction expenditure is lagging: CAPA reportBoth 2018 and 2019 saw the opening of a major new global-level airport, at Istanbul (Oct-2018) and Beijing Daxing (Oct-2019) respectively.
While the world waits with bated breath to see if Berlin Brandenburg Airport will actually open in 2020 this report shows that both the number of projects and the amount of capital expenditure on existing and new airports are not increasing substantially when it "needs to" according to industry organisations.
All indications, from lack of political will to environmental challenges to airline growth, are that new construction will continue to slow.
Recorded at CTC-CAPA Corporate Travel Gathering - Australia, 25-26 Nov 2019
“Flight Shaming” And Government Taxes. What Are The Implications For Corporate Travel?
In Europe the enormous publicity attracted by a sixteen year old Swedish girl has rattled the airline industry and is prompting government talk of aviation taxes to reduce flying.
- Will our region go through the same turmoil?
- Will there be a similar, Europop revolution?
- How will governments respond?
- When will airlines make carbon offsets mandatory?
The answers to these questions will be critical to aviation and to how corporates function in the near and medium term future.
Session Provocateur: CAPA – Centre for Aviation, Chairman Emeritus, Peter Harbison
CAPA Qatar Aviation Aeropolitical and Regulatory SummitMore
Upcoming Event
5-6
Feb
Doha: CAPA Qatar Aviation Aeropolitical and Regulatory Summit
The Qatar Aviation Aeropolitical and Regulatory Summit is a high level forum dedicated to addressing the latest development in aviation regulation, both within the Gulf Cooperation Council countries and globally.
CAPA Middle East & Africa Aviation SummitMore
Upcoming Event
2-3
Mar
Amman: CAPA Middle East & Africa Aviation Summit
The CAPA Middle East & Africa Aviation Summit, to be held on 2-3 March 2020, will examine commercial and operational issues affecting airlines and airports in Africa and the Middle East, focusing on both domestic and international markets.
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12-Dec-2019 3:16 PM
Port of Seattle adopts facial recognition principles to ensure facial recognition transparency
Port of Seattle announced (11-Dec-2019) it is the first port in the US to adopt principles ensuring transparency of public facing facial recognition. Principles include:
- Justified: Biometrics to be used only for a clear and intended purpose and not for surveillance on large groups;
- Voluntary: Reasonable alternatives should be provided for US citizens not wishing to participate;
- Private: Data should be stored for no longer than required;
- Equitable: The technology should be reasonably accurate and systems should be in place to treat issues;
- Transparent: Biometrics use should be communicated to visitors and travellers;
- Lawful: Use of biometrics should comply with all laws. Reports on the technology should also be made public to ensure accountability;
- Ethical: Port staff and partners should act ethically when deploying technology or handling biometric data.
Commissioners created a working group and will develop the principles into policies that can be enforced and measured, effective 31-Mar-2020. Commissioners also clarified that no biometric technology will be implemented at Port facilities until Commissioners formally consider working group recommendations and develop policy by 30-Jun-2020. [more - original PR]
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12-Dec-2019 1:01 PM
IATA lowers 2019 outlook, airline industry margins and profit per passenger to slide
IATA lowered (11-Dec-2019) its global airline industry collective net profit forecast for 2019 from USD28 billion to USD25.9 billion. Key highlights of the industry's 2019 performance include:
- Industry revenue of USD838 billion;
- Industry operating expenses of USD796 billion;
- Return on invested capital of 5.7%;
- Net profit margin of 3.1%;
- Passenger numbers of 4.54 billion;
- Freight tonnes carried of 61.2 million, the lowest figure in three years;
- RPKs growth of 4.2%;
- Average net profit per departing passenger of USD5.70. [more - original PR]
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12-Dec-2019 11:02 AM
Atlanta Hartsfield-Jackson International Airport pax up 2.7% to 9.5m in Oct-2019
Atlanta Hartsfield-Jackson International Airport reported (11-Dec-2019) the following traffic highlights for Oct-2019:
- Passengers: 9.5 million, +2.7% year-on-year;
- Domestic: 8.6 million, +2.9%;
- International: 961,082, +1.3%;
- Cargo: 56,191 tonnes, -7.5%;
- Freight and Express: 52,952 tonnes, -7.8%;
- Domestic: 22,553 tonnes, +6.4%;
- International: 30,399 tonnes, -16.1%;
- Mail: 3239 tonnes, -2.4%;
- Freight and Express: 52,952 tonnes, -7.8%;
- Aircraft movements: 76,491, +0.9%;
- Domestic: 70,736, +1.3%;
- International: 5755, -4.1%. [more - original PR]
Flight Centre Travel Group (FCTG) expanded (11-Dec-2019) its global leadership team to increase focus on leisure and corporate travel growth. Details include:
- Chris Galanty appointed to CEO of FCTG's corporate business. Mr Galanty most recently served as head of the Europe, Middle East and Africa business (EMEA);
- Melanie Waters-Ryan appointed to CEO of its leisure business and will oversee The Travel Group. Ms Waters-Ryan most recently served as FCTG COO;
- Steve Norris appointed to EMEA MD;
- James Kavanagh appointed to Australia MD;
- Charlene Leiss appointed to Americas MD. [more - original PR]
EVA Air reported (11-Dec-2019) the following traffic highlights for Nov-2019:
- Passenger revenue: TWD8009 million (USD262.7 million), +3.5% year-on-year;
- Passengers: 1.1 million, +9.2%;
- Passenger load factor: 80.2%, -0.3ppt;
- Passenger yield: TWD1.93 (USD 6.3 cents), -2.4%;
- Cargo revenue: TWD2309 million (USD75.7 million), -11.5%;
- Cargo: 55,457 tons, +2.8%;
- Cargo load factor: 77.1%, -5.2ppts;
- Cargo yield: TWD7.81 (USD 25.6 cents), -9.9%. [more - original PR]
*Based on the conversion rate at TWD1 = USD0.0328
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