Recorded at CAPA Airline CEOs in Seoul & Gala Dinner, 03-Jun-2019
Global Aviation Outlook 2019: Finding A Way Through Stormy Waters
As fuel prices deliver short term relief, demand is the big unknown. It’s become almost a truism since the advent of President Trump, the British folly of an imminent Brexit, the rise of European populist politics, and rising debt challenges, to say that the coming year will be characterised by unpredictability.
Outlook discussion points:
- Low fuel prices offer a period of relief
- Demand: growth remains solid but may be slowing
- Recession is merely a matter of “when”, not “if”
- High growth in 2017 and 2018 has created a more price sensitive consumer profile
- Asia Pacific aircraft orders suggest oversupply in 2019
- Increasing pre-eminence of LCCs in Asia
- The rise and rise of long haul low cost – narrowbody
- The system for selling tickets is about to be savagely disrupted
- The arrival of NDC and where it is leading
Moderator: CAPA – Centre for Aviation, Chairman Emeritus, Peter Harbison
Panel:
- Air Lease Corporation, Executive Chairman, Steven Udvar-Hazy
- Flybe, CEO, Christine Ourmières-Widener
- Star Alliance, CEO, Jeffrey Goh
- Travelport, President & CEO, Gordon Wilson