CAPA Global Aviation Industry Outlook 2013 - Pursuing certainty in an uncertain world - Part 2

New partnerships, global alliances and cross-border ownership are changing traffic Flows - and hubs. This global shift was dealt with in some detail in the Feb-Mar 2013 edition of Airline Leader ("A seismic upheaval opens the way for next-generation alliances"). The impact of the Emirates, Qatar and Etihad agreements in Sep/Oct-2012 have irreversibly altered the evolution of the world industry.

Branded global alliances - Star, SkyTeam, oneworld - remain important, but the evolutionary direction has shifted towards alliances becoming much more pragmatic. This not only affects the airline industry, but goes also to the efficacy of airports and even national economies. Airport hubs will be dictated by these trends, shifting away from the traditional gateway transfer points to Gulf airports and, progressively to markets like China.

This is Part 2 of two parts: CAPA's Global Aviation Industry Outlook 2013, extracted from CAPA's Airline Leader, Issue 17, Apr/May 2013, to be released online shortly.