CAPA's Airlines in Transition CEO summit begins with introductions from thought leaders

CAPA's inaugural Airlines in Transition CEO summit gets under way today (19 Apr-2012) in Istanbul with a thought-provoking introduction from former US Department of Transportation (DoT) Undersecretary for Policy, Jeffrey Shane. Mr Shane, now a partner at Hogan Lovells, is the chairman of the summit, which brings together low-cost carrier and full service carrier CEOs in a unique setting. Over the next two days, airline CEOs will discuss the blending of the LCC and FSC models and the resulting evolution of the industry.

"Examples of cooperation between the two categories can be observed with increasing frequency," Mr Shane said as part of his introductory remarks.

"It clearly makes sense to explore the potential for expanding this cooperation in the interest of serving markets more robustly and more profitably. But it is the strong hope of your conference chairman that our exploration of these opportunities for enhanced cooperation will engender a conversation of even broader scope."