Airlines for America (A4A) released (07-Nov-2013) its 2013 Thanksgiving Travel Forecast, projecting that 25 million passengers will fly between 22-Nov-2013 and 03-Dec-2013, an increase of 1.5% from 2012. A4A reported improving year-over-year financial performance for the 10 largest US carriers, with modest profitability helping enable reinvestment in their product and the overall customer experience. During the first nine months of 2013, the 10 largest US carriers reported net earnings of USD4.5 billion, resulting in a net profit margin of 4% – up from 0.3% in 2012. Fuel accounted for 35% of overall operating expenses. A4A also proposed a National Airline Policy (NAP) that includes key pillars to enhance the customer experience by reducing delays and rationalising the federal tax burden, which increases the cost of airfares. [more - original PR]
A4A projects 2013 Thanksgiving pax, reports improving financial performance, and proposes NAP
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Aviation industry leaders and stakeholders will debate the shape of aviation in the Americas in a post Trump world. There is only one event in North America this year offering great insights into new trends and challenges emerging from the new US presidential administration and the churning global aviation markets. This takes place at the annual CAPA Americas Aviation Summit, to be held in Orlando, Florida on 4/5-April-2017.
The next few years for aviation in the Americas are filled with uncertainties, ranging from potential fallout from President Trump’s trade and travel policies to Brexit and the future shape and direction of US-China aviation relations.
“Information is the resolution of uncertainty” - Claude Shannon. Don’t miss this opportunity to gather crucial intelligence necessary for shaping the Americas aviation industry during the next decade.
Highlights from the comprehensive summit include:
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First time attendees at the event include Air Tahiti, euroAtlantic Airways, Pakistan International Airlines, Saudia, TAAG and start-up flymojo.
They are joined by AirAsia's Group Head of Strategy, the Deputy Chief Executive Officer & Chief Financial Officer of Asia Aviation Capital Limited, the Vice President, Fleet & Corporate Finance of Allegiant, Cebu Pacific's Director, Corporate Finance & Investor Relations, China Eastern's General Manager of CEA International Financial Leasing Corporation Limited, KLM's Director Group Treasury, Malaysia Airlines' Group CEO, Finnair's CFO, IndiGo's Director - Aircraft Acquisition and Financing and many others.
Together with 15 stand-alone presentations from airline CFO/treasury/finance heads outlining their fleet and financing plans + over 50 airline representatives attending the unique CAPA Fleet Marketplace – the CAPA Airline Fleet & Finance Summit (2/3-Mar, Singapore) at Capella Sentosa is not to be missed.