CAPA Global LCC Summit
Day 2: 2 March 2018
|09:05||Airline CEO Keynote & Q&A: 'Delivering customer focussed low fares travel'
Jetstar Group, Group CEO, Gareth Evans
|09:45||Panel: LCC subsidiaries in FSC airline groups. What are the secrets for success - and the pitfalls?
Competitive pressures on short haul routes have prompted many full service airlines to create LCC subsidiaries, but ensuring the new carrier aligns with the parent strategy poses a key challenge.
Moderator: Crucial Perspective, CEO, Corrine Png
|10:30||Coffee Break & Networking|
|11:00||Panel: Cross border JVs and LCC alliances. Establishing and operating multi-airline brands
Partnerships of one form or another are critical for enabling expansion across borders in the relatively crowded and increasingly competitive Asian market. These serve as a platform for attracting transit traffic and expanding into different markets. The cross border JV model has allowed Asia’s major LCC groups – AirAsia, Jetstar, Lion Air, and to a lesser extent VietJet – to accommodate foreign ownership restrictions by taking branded minority stakes in local airlines. Similar strategies are being pursued in Latin America and Africa. Smaller LCCs that might fall outside these major groups have established alliances of their own, such as the U-Fly Alliance, consisting of HNA-owned carriers, and the eight member Value Alliance; both groupings are powered by a technology platform linking the member airline websites, crucially enabling the ability to cross-sell all the ancillaries offered by each of the partner airlines, allowing members to grow their passenger base without increasing cost and complexity
Moderator: National University of Singapore, Professor of Aviation, Alan Tan
|11:45||Panel: Can LCCs really compete in the corporate travel space?
As business customers and corporate buyers increasingly seek value for money, especially for short-haul travel, and a new generation blends work and leisure when travelling, the distinction between travelling for business or personal reasons has become less relevant. This has provided LCCs with the opportunity to compete for ‘corporate’ business that may previously have not been considered a real revenue opportunity
Moderator: CAPA - Centre for Aviation, Executive Chairman, Peter Harbison
|12:40||Conference Close, Lunch & Networking|