CAPA Americas Aviation & LCCs Summit to be hosted in Puerto Rico in 2020
CAPA - Centre for Aviation (CAPA), the world's most trusted source of market intelligence for the aviation and travel industry, are pleased to announce the return of the CAPA Americas Aviation & LCCs Summit in 2020, with the 6th annual event to convene in San Juan, Puerto Rico on 7/8-May-2020.
With the Puerto Rico Tourism Company (PRTC), the Government's Tourism Board as the main sponsor, the Summit will tap into the latest developments, challenges and strategic issues facing the aviation industry in the Americas for two days of thought provoking discussion.
New to the 2020 event will be an injection of stimulating discussion on the evolving LCC market. Commenting on this new format, CAPA Chairman Emeritus, Peter Harbison said,
"North American LCCs are the most mature in the world, but recently they've faced headwinds to keep costs competitive while increasing revenue, as ULCCs become a significant force. This is driving them all to embrace product segmentation, build international networks and seek ways to maximise value for premium offerings. In this environment, North American LCCs are beginning to take centre stage in the industry."
The dedicated LCC Summit sessions will assess the current state of the competitive LCC landscape, how to improve profitability and unlock sustainable growth prospects in key markets. As domestic pressures increase, strategies now stimulate trans Pacific, trans Atlantic, Latin American and Canadian network thinking.
The high level forum will also examine the geopolitical outlook and its potential changes following the 2020 election, the flow-on impact of the MAX groundings on local carriers, airline infrastructure reform, as well as the continued development of route economics as new aircraft technology opens up ultra long haul markets. The disruptive role of new distribution options and an increasingly demanding customer profile will inevitably be a key feature as 2020 heralds the next generation of developments in this area.
In line with previous years, the Summit will attract hundreds of senior aviation and transport executives, airports, political leaders, industry experts and suppliers - not just from North America, but across the globe.
"It is our greatest passion at CAPA to bring together an unrivalled gathering of innovators, disruptors and thought leaders to offer high level strategic insights into airline strategy and identify emerging markets. We're thrilled to be partnering with the Puerto Rico Tourism Company to showcase this fantastic destination while reflecting on what is needed to drive the aviation industry forward throughout the Americas," said Mr Harbison.
The executive director of the Puerto Rico Tourism Company (PRTC), Carla Campos said,
"We are excited about hosting CAPA Americas 2020. The celebration of this important event comes at a time when Puerto Rico reports that in less than 24 months, the island has not only recovered the number of inbound seats to the destination, but that this is the highest figure in over 10 years. Similarly, during the first 7 months of 2019, 6,283,202 passengers have transited throughout three main airports, a 1.4% and 13.6% increase over 2017 and 2018 levels, respectively."
"Air access growth has been a priority for the Puerto Rico Tourism Company, and the results of the commercial efforts are a testament to their effectiveness. As hosts for CAPA Americas 2020, we look to strengthen Puerto Rico's positioning as a destination making a strong comeback, and to welcome the conference delegates and high-level executives from our partners airlines," added Ms Campos.
The CAPA America's Aviation and LCCs Summit is one of CAPA's regional series of Summits and is highly regarded as an industry benchmark event, offering thought leadership, valuable networking opportunities and in-depth insight on the issues and trends that shape the local and global airline industry.
For more information on the 2020 CAPA Americas Aviation & LCCs Summit or to register, visit amas20.capaevents.com
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ABOUT CAPA - CENTRE FOR AVIATION
CAPA - Centre for Aviation, part of Aviation Week Network, is the leading provider of independent aviation market intelligence, analysis and data services covering worldwide developments. Established in 1990, CAPA's platforms help the aviation sector and supplier businesses stay informed, remain connected to industry leaders and fuel inspiration to drive change. CAPA's global C-level and corporate travel Summits are held in key aviation markets around the world, attracting executive level speakers, attendees and leading stakeholders of the global commercial aviation industry. Understanding aviation markets is our great strength and passion, along with providing CAPA members, clients and partners with an unparalleled level of expertise and insight. For more information and details on membership and events, please visit centreforaviation.com.
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ABOUT INFORMA MARKETS
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world's leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit informamarkets.com.
ABOUT PUERTO RICO TOURISM COMPANY
The Puerto Rico Tourism Company (PRTC), founded in 1970, is a public corporation responsible for stimulating, promoting and regulating the development of the tourism industry in Puerto Rico. It markets Puerto Rico as a tourism destination in the local market through advertising, public relations and promotional activities; provides visitor orientation and technical assistance to investors; evaluates tourism facilities and establishes standards of quality; and regulates and oversees gaming operations.
MEDIA CONTACTS
Daniella Baxter
Head of Marketing, CAPA - Centre for Aviation
e: dbaxter@centreforaviation.com
t: +61 2 9241 3200
Annaliese Vella
Content Marketing Executive, CAPA - Centre for Aviation
e: avella@centreforaviation.com
t: +61 2 9241 3200