Australia's Wagner Investments chairman John Wagner, developer of Brisbane West Wellcamp Airport, speaking at the CAPA Australia Pacific Aviation Summit, stated (09-Aug-2013) he does not expect a ROI on the in-construction airport in the near future, stating the airport is a "30 year paypack exercise in our view". He said it "makes commercial sense to be in infrastructure business" but "you have to be prepared to take some pain up front". He also said he "doesn't see any major financing issues" with the airport.
Brisbane West Wellcamp Airport is a '30 year paypack exercise in our view'
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The full service subsidiary Batik Air has encountered delays in commencing operations to Australia and India but remains keen on serving both markets with multiple destinations. Meanwhile, its Malaysian affiliate Malindo Air is jump starting the group’s entrance in the Indonesia-Australia market with a new fifth freedom route from Bali to Brisbane, which will be launched on 31-Mar-2017.
International expansion is becoming strategically necessary for Lion as Indonesia’s international market is now growing faster than the much larger domestic market. AirAsia and Garuda have already been focusing more on international expansion, widening their lead over Lion in Indonesia’s international market.
Canberra: Corporate travel and aviation leaders gather for CAPA-ACTE Summit - CAPA MEDIA RELEASE
CAPA and ACTE bring together leading aviation executives and government officials, travel managers and suppliers in Canberra on 15-Mar-2017 to discuss the aviation outlook, travel industry best practice and share their experiences of well-managed travel programmes.
Organised by CAPA - Centre for Aviation and global business travel organisation ACTE (Association of Corporate Travel Executives), the first annual Canberra Aviation & Corporate Travel Summit will be held on 15 March at the Novotel Canberra.
The event brings together many of the region’s leading experts in aviation and corporate travel to discuss developments, trends and market conditions.