The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
AirAsia GroupCEO Tony Fernandes on Singapore Changi Airport terminal 4:
“Changi Airport Group understands how LCCs work. They understand the value LCCs bring to the airport and the wider economy. More importantly, CAG treats us like partners and are always looking for a win-win solution that benefits everyone. In 16 years, I have never praised any airport, so this is a big step for me and a huge endorsement for Changi. The airport should be applauded for listening to its airlines”.
Aer Lingus CEO Stephen Kavanagh on the carrier’s frustration with infrastructure at Dublin Airport:
“We have untapped potential… What we’re missing at the moment is that proactive investment which I’m absolutely confident will generate reward”.
Thales Group CEO Patrice Caine on the company’s efforts to help Middle East carriers improve IT security:
“We get some requests but we are also very proactive in this domain. We are approaching Gulf carriers about how to harden their electronic systems. We’ve had in-depth discussions, and work, with all the major carriers of the region for several years now. Cyber security is now worth half-a-billion euros worldwide for us in turnover every year”.
LATAM Airlines Group CEO Enrique Cueto on the airline’s progress in 2017:
“2017 will be remembered as the year of the transformation of LATAM, with the Company continuing to adapt to an evolving airline industry. Changes have been made across the organisation, at all levels, which allow us to better manage with current market conditions, which continue to change at a very fast pace. LATAM has a unique market position and with a leaner organisation, we are on track and towards a solid path to building a modern and competitive airline”.
easyJet CEO Carolyn McCall on the carrier’s financial results for the year ended 30-Sep-2017:
“easyJet delivered a robust performance during a difficult year for the aviation industry, flying a record 80 million passengers at our highest ever annual load factor of 92.6% whilst growing capacity by 8.5% and revenues by over 8.1% to more than GBP5 billion. easyJet’s model is resilient and sustainable and we now have a huge amount of positive momentum which will enable the airline to continue to grow profitably”.
South African Airways CEO Vuyani Jarana on recapitalisation to be provided to the carrier in FY2017/18:
“The bailout does not go far enough to address the issue”. Mr Jarana also commented on allegations of corruption at the airline, stating: “We will take action against people who have done wrong. It will be important to focus on the transgressions that have been committed recently”.
Kenya Airways CEO Sebastian Mikosz on the airline’s results for the six months ended 30-Sep-2017:
“There is still room to improve but there is growth and that is a good signal for us. We have kept our fleet costs in check. Going forward, we look to grow our routes strategically. We shall be extremely cautious about our cash spending. We’re not going to do stupid things going forward. We’ll learn from our mistakes. Our key focus is growing sales and keeping a lid on costs”. Regarding the financial restructuring, Mr Mikosz commented: “This is probably going to be a six to 12 months journey, if not longer, before we really see the results”.
Avianca Holdings CEO Hernan Rincon on the partnership with United Airlines:
“The implementation process of the partnership with United Airlines will be a lengthy process after the negotiations are completed. Following the terms of the agreement being settled, the authorities, in each country Avianca operates, will need to approve the process, which could take around one year”.