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CAPA Asia Aviation & Corporate Travel Summit 2019: Singapore, 14/15-Nov-2019

Analysis

As key aviation and travel industry leaders come together in Singapore at CAPA's Summit, the Asia Pacific remains the growth engine of international aviation, home to more than 4 billion people, including the large developing economies of China, India, Indonesia and Vietnam.

However, the region's appetite for air travel has moderated this year, due to wider global economic and geopolitical currents. Compared to 2018, the rate of passenger growth has more than halved for the year to date.

Despite this, the region's airlines have kept themselves tracking level with last year in terms of financial outcomes, having pursued - or imposed on them - tight capacity discipline. Even though growth has moderated, the sustained expansion in major Asian emerging and developing economies, supported by ever lower airfares and ever wider networks, continues to fuel the appetite for travel.

The CAPA Asia Aviation & Corporate Travel Summit 2019: Singapore, will convene at The Capella on 14/15-Nov-2019, with a sparkling industry awards dinner on the evening of 14-Nov-2019.

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