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Analysis CAPA Founder and Chairman Emeritus, Peter Harbison, delivers an address on the environmental sustainability pressures facing the global aviation industry before and after the Covid-19 pandemic. At this month’s CAPA Live Summit, screening on Wednesday 10-Mar-2021 and addressing the theme of sustainability, Mr Harbison says finding a balance between survival of the world and survival of the aviation and travel industry is “not an easy equation.One is an existential threat, and the other one is a threat to our existence; one is very short term, the other one is short-term and long-term”. CAPA Live for March 2021 welcomes over 5000 industry professionals including over 1000 airline delegates from just over 200 airlines. This month’s highlights include interviews with Air France CEO, Anne Rigail; United Airlines CEO, Scott Kirby; LATAM Airlines Group CEO, Roberto Alvo; Jetstar Airways Group CEO, Gareth Evans and Airbus VP Zero Emission Aircraft, Glenn Llewe ....
Analysis Saudi LCC flyadeal turned three years old in Sep-2020 and pre-pandemic was about to reach 10 million passengers, but despite the setback is already back to 90% of its frequencies, flying domestically. Plans to start flying internationally have been pushed back to summer 2021; flyadeal will stay within the region to start with. There is likely to be some overlap with its sister airline Saudia, but as they have very different customer demographics, they see a role for both airlines. The LCC will receive A320neo future deliveries, to facilitate growth, and those aircraft are more fuel efficient, which translates to lower fares for the customer. ....
Analysis International recovery will take longer than Sir Tim Clark, president of Emirates Airline, first thought. With the focus now on controlling the spread, it’s not possible to think of operating fleets at the levels they had hoped. Apart from the US, Sir Tim does not see the sector-specific aid that needs to go into the perfectly good businesses to help them survive. They have good business models – just no passengers. Sir Tim believes it’s a good time to sort out a lot of the issues that have been niggling for a long time. There is an opportunity to think about how you would go about improving the way you manage those particular aspects of your business. ....
Analysis EasyJet s CEO, Johan Lundgren, doesn’t estimate operating more than 10% of 2019 levels in the first quarter of 2021. Mr Lundgren maintains that they have to be flexible, as there is plenty of demand, but the restrictions need to be lifted. Operating across Europe means the airline can move assets and fly to different places where the demand is. The CEO reports that the airline has a number of scenarios, but they want to wait as long as possible before putting them on sale. Mr Lundgren doesn’t believe that there is going to be a structural shift of any significance, because people want to meet and they want to travel. A study undertaken in January indicated that the primary purpose of people who wanted to travel was to go on holiday – way above second place, visiting friends and family. ....