• What are the alternative ownership models to privatisation?
• What do governments need to consider when deciding whether airports should be privatised?
• What form should regulation take, in order to strike a balance between national and private interests?
• Who ‘owns” airport slots? How should slot policy be regulated and developed?
• What future is there for managing airport capacity that cannot meet demand? To prevent chaos and one that limits growth?
As a cornerstone and pre-eminent strategic event in the CAPA Summit global series, we are pleased to announce the virtual CAPA Australia Pacific Aviation Summit, beaming in a high calibre of local and international speakers from all corners of the globe.
CAPA’s World Aviation Outlook Summit, held in conjunction with the CAPA World Aviation Awards for Excellence Gala Dinner provides a global aviation outlook that reviews the commercial and operational pillars to drive strategic decision-making in 2021.
Air Canada announced (31-Jul-2020) a workforce reduction of approximately 20,000 employees in 2Q2020, accounting for more than 50% of staff. These reductions have been achieved through layoffs, terminations of employment, early retirements and special leaves. A provision of CAD76 million (USD56.7 million) was recorded due to these measures, with CAD6 million (USD4.5 million) in payments having been made to date. The provision includes the estimated notice of termination and severance costs under Air Canada's collective agreements and the Canada Labour Code. The carrier also recorded CAD36 million (USD26.9 million) in termination benefits and curtailments related to the pension and benefit obligations. [more - original PR]
Air Canada reduced (31-Jul-2020) capacity by 92% year-on-year in 2Q2020. Air Canada president and CEO Calin Rovinescu stated: "Today's reported declines in revenue of nearly 90% and in passengers of over 96%, should reinforce the tremendous urgency for governments in Canada to take reasonable steps to safely reopen our country and restore economic activity. Other jurisdictions globally are showing it is possible to safely and responsibly manage the complementary priorities of public health, economic recovery and job preservation and creation". The carrier expects capacity to fall by approximately 80% in 3Q2020, compared to previous estimations of 75%. Air Canada attributes this change in capacity estimations to the continued extension of blanket travel restrictions in Canada. [more - original PR]
ASKY Airlines, via its official Facebook account, announced (01-Aug-2020) plans to resume services from Lomé to Abidjan, Bamako, Bangui, Bissau, Conakry, Cotonou, Dakar, Douala, Freetown, Libreville, Monrovia, N'Djamena, Niamey, Ouagadougou and Yaounde on 03-Aug-2020. Togo's Government reopened the country's airspace for regular domestic and international services from 01-Aug-2020. The airline will gradually restore its network as more foreign airports reopen. [more - original PR]
Kenya Airways, via its official Facebook and Twitter accounts, announced (01-Aug-2020) it resumed regular international services on 01-Aug-2020, ending a suspension in place since 28-Mar-2020. The carrier estimated it will handle 8000 passengers in the first week of resumed operations. The airline will resume services to 30 international destinations, including Addis Ababa, Dakar, Dubai, Kigali, London and Lusaka (EABW News/Reuters, 01-Aug-2020).
Kuwait's Directorate General of Civil Aviation (DGCA), via its official Twitter account, announced (02-Aug-2020) non Kuwaiti passengers of all nationalities are prohibited from entering Kuwait if they are arriving from India, Iran, China, Brazil, Colombia, Armenia, Bangladesh, the Philippines, Syria, Spain, Singapore, Bosnia and Herzegovina, Sri Lanka, Nepal, Iraq, Mexico, Indonesia, Chile, Pakistan, Egypt, Lebanon, Hong Kong, Italy, North Macedonia, Moldova, Panama, Peru, Serbia, Montenegro, the Dominican Republic or Kosovo, whether arriving directly from these countries or transiting through from other countries. If transiting through prohibited countries, passengers must settle in non prohibited countries for a period of 14 days before before being permitted to enter Kuwait, and provide a PCR test which proves negative and is valid for 72 hours.
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- If the first two decades of the century were transformational for the aviation industry, the 2020s will be revolutionary.