3-Mar-2016 3:29 PM
CIT Aerospace says airline industry is 'riding a pretty good wave' at present
CIT Aerospace senior VP head of marketing Asia Pacific, commercial air Robert Lamoureaux, speaking at the CAPA Airline Fleet & Finance Summit 2016, said (03-Mar-2016) the airline industry is currently "riding a pretty good wave and there's no sign of that wave crashing. Things are looking good." Mr Lamoureaux pointed to strong economic growth forecasts and lower fuel prices, as well as emerging economies: "I think those countries are quite interesting and one of those is Poland. Its showing a lot of potential and we have a lot of optimism." Mr Lamoureaux added: "In Asia, you see Malaysia and the Philippines showing tremendous potential in the next four or five years."