In an industry with so many variables, any assessment of the future, even looking only a year ahead, is riven with challenge. But there are some indicators that predict outcomes more accurately than others.
One of the more reliable pointers is aircraft orders. These suggest capacity (supply side) conditions in the year to come. Admittedly delivery dates can alter or orders be changed or cancelled. It’s also important to recognise the level of replacement versus net fleet additions. But even with these cautions, the sheer contrasts in scale of orders and deliveries speaks volumes.
Where the Asia Pacific operating fleets are rapidly approaching North America’s dimensions, the fact that the region has no less than twice the number of deliveries planned for 2019 speaks volumes – both for global aviation and for capacity levels. The net effect contrast is even greater in practice, as North America’s often much older fleets imply a higher concentration of replacements.
An overview of the state of the aircraft market is a natural topic for leaders to discuss at the CAPA – Centre for Aviation’s Airline CEOs Summit which will follow immediately after the International Air Transport Association (IATA) AGM in Seoul, South Korea. The intimate, high level CEO event is now in its second year following a successful debut in Sydney, Australia last year.
The topic will be discussed during the summit’s full day of sessions on 04-Jun-2019. This will be preceded by an aviation outlook session the previous evening and a high level CEO dinner, addressing key aviation topics, but with an entertaining CAPA-style twist.
The ‘State of the aircraft market: Fleet orders and deliveries outlook’ session will deliver a high level overview and aims to cover a range of topics around fleet developments with speakers delving into current aircraft orders/deferrals to predict the future path of the industry.
As the foremost authority on aviation in the world, CAPA – Centre for Aviation’s events provide cutting edge knowledge about strategic market trends and dynamics to help attendees make informed decisions, delivering the information and connections needed to inspire and improve business. The CAPA Airline CEOs in Seoul Summit will take place between 3-4 Jun-2019.
The summit will have a full day of very high level thought provoking discussions on the key issues facing the industry, with a focus on developments across the different world regions. CAPA will challenge leaders of the aviation industry to reflect on what is needed to drive the industry forward, using examples of innovation in outside markets as a benchmark to follow.
As per all CAPA’s summits it will aim to tap into the dynamic changes taking place in the airline industry across the world and address the issues in creative and authoritative ways.
This event, hosted at the InterContinental Seoul COEX in Seoul’s trendy Gangnam district, is a forum for debate and discussion of this strategic issue within the aviation industry and it is attracting delegate interest from across the globe and includes many VIP guests and speakers not regularly seen in this part of Asia. It is a must attend for those seeking new ideas and business opportunities with aviation leaders across the globe and to hear from and gain unfettered access to CEOs of the world’s leading airlines.
FIND OUT MORE… visit the CAPA Airline CEOs in Seoul homepage to find out more about this not-to-be-missed opportunity to discuss relevant issues impacting the aviation sector and learn meaningful insights from your industry peers.