CAPA Asia Aviation Summit 2016
|Tuesday 15 November 2016|
CAPA – Centre for Aviation, Stephen Pearse
|09:05||Host Welcome: Changi Airport Group, Managing Director, Lim Ching Kiat|
CAPA’s Asia Aviation Outlook and Trump reaction and analysis
As the world contemplates a Trump White House, CAPA will dissect the implications for Aviation & Corporate Travel:
CAPA – Centre for Aviation, Executive Chairman, Peter Harbison
|09:35||Keynote Q and A: The Outlook: ‘One Asia, Many Asias’ - and the challenge to growth
Asia is a dynamic region and its airlines exhibit remarkable diversity. They must do so if they are to satisfy the complex and varying needs of the fastest growing large market the world has ever seen. There is simply no precedent for what is happening in Asia. This makes life extremely complex for airlines, airports, leasing companies, financiers and other aviation related organisations. The privately held airlines’ quest for profitability has been aided by lower fuel prices, but intense competition and rising capacity are keeping a lid on gains. Despite Asia Pacific’s high growth rate, and vastly larger order books, for airlines it is among the least profitable regions in the world. This partly reflects individual “strategic” needs to plan for rapid expansion, but also the effects of recent new entry; there are now over 50 LCCs in the region, few of which existed a dozen years ago. At the same time there remain some airlines which are still government supported, with very different planning horizons.
Moderator: CAPA - Centre for Aviation, Executive Chairman, Peter Harbison
|10.20||Coffee, Networking & Exhibition|
|11:00||Keynote Addresses followed by Q&A
|12:00||Panel Discussion: The future of the full service model in Asia
Moderator: Moderator: CAPA - Centre for Aviation, Managing Director, Stephen Pearse
Powering Business Advantage for Airlines: Is big data a panacea?
As the Asia travel market enters maturity and growth rates ease differentiation between airlines (and their hubs) comes into sharper focus. Travellers in Asia also have expectations of a high quality experience. Airlines meanwhile sit on vast quantities of potentially valuable customer data, but developing the analytics to improve decision-making capabilities is the big challenge. Personalisation of messaging and collaborating with the right partners is vital. We navigate the opportunities and risks ahead in this session.
Moderator: CAPA - Centre for Aviation, Managing Director, Stephen Pearse
|14:45||The China Opportunity, Transforming aviation & tourism
China, thanks to its vast population, has already reshaped tourism goals of many destination countries, with over 50% year on year increases in some cases. But China will also reshape the way the aviation industry works – for example with multiple interest tourism and travel equity acquisitions, usually linked to China’s expected tourism expansion.
And as China’s airlines proliferate they are opening new gateways. The growth of China's airlines internationally has been based on mostly outbound traffic flows and has meant sometimes large influxes of new capacity in several markets.
As well as being mostly outbound, traffic is typically low yielding and seasonal, making competition for foreign airlines difficult. Subsidy at national and local level also helps distort the market in the short term. Many foreign carriers are seeking partnerships, even acquiring equity, but the big three, Air China, China Eastern and China Southern, are often ambivalent, able to flex their muscles and exercise choices.
Meanwhile, there is a flourishing body of new entry from low cost airlines, led by the highly successful Spring Airlines.
Moderator: The Chinese University of Hong Kong, Director of Policy, Aviation Policy and Research Center, Dr. Law Cheung Kwok
|15:30||Coffee sponsored by KPMG
|16:00||Executive Q&A: Inside Airline JVs - How do they work and how to extract most value from them?
There are more JVs involving Asia than any other market. Yet these JVs range significantly in scope of markets and cooperation. This discussion explores how airlines see the strategy, value and potential of JVs. This includes the level of cooperation of JVs, from JVs where one airline flies all intercontinental flights (Singapore Airlines-SAS) to JVs with anti-trust immunity (ANA-United, JAL-American). JVs with Chinese airlines are growing but are still at an early phase.
Moderator: Seabury Airline Consulting, Partner, John McCulloch
|16:45||Panel Discussion: What do the emerging LCC alliances mean for Asia?
Alliances between LCCs are proliferating, further hybridising the model in Asia.
Moderator: KPMG, Global Head of Aviation, James Stamp
|17:30||End of Day
|19:30||Gala Dinner, featuring the CAPA Asia Pacific Aviation Awards for Excellence, Ballroom, Capella Hotel