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TUI Group, Chief Airline Officer TUI Group, Marco Ciomperlik at the CAPA World Aviation Summit 2023

TUI Group, Chief Airline Officer TUI Group, Marco Ciomperlik at the CAPA World Aviation Summit 2023 spoke to CAPA TV at the CAPA World Aviation Summit 2023 in Abu Dhabi about latest industry trends and company developments. 

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Transcript

Marco Ciomperlik:The supply chain issues have been quite a challenge in the last years, and it looks like that there is no, let's say, perfect solution in the foreseeable future. So this is something what we need to incorporate in our planning— delivery delays, parts supply issues. This is something what we incorporate in our planning, but of course, to a certain extent, you need to be flexible and deal with the challenges, might it be engine overhaul issues, heavy maintenance check issues, or as well, as I said, delivery topics where we see delivery delays. So this is something that I think we will see in the next 24 months at least still ongoing. The demand is great again, right? We see this from a customer point of view. You know, we all have quite great summer '23 behind us and we're looking forward, aside all the tragedies around it, that the demand is quite stable for summer '24 as well. So we are, of course, from a German perspective, always a little bit more cautious, but we are very positive for summer '24 as well. I think this is something where there are different theories currently out there. Yes, the pent-up demand we have seen in the last years probably will to a certain extent normalize. So I do not expect that there is a tremendous growth, but if we do not see other external effects, then of course I would assume that we still see a growth next year. But Laurie, it's every year is a new challenge, and I think our industry has a tendency to deal with crises. So there will be a next crisis we need to cope with, but as I said, for the time being I'm positive for the demand in the next summer.

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