The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
NokScoot CEO Yodchai Sudhidhanakul on the airline’s 1Q2018 results:
“We are pleased with the first quarter results as they bode well to our target to report a healthy 2018 year round performance”, and added: “We think we can manage the higher fuel prices envisaged this year and that factor should not hinder our 2018 profit forecast”.
Malaysia Airlines Group CEO Izham Ismail on targeting “gradual sustainable growth” of 3% to 4% over the next two to three years:
“Our aspiration is not only to turn around this airline but to make it grow. I am very cognisant that we cannot grow robustly like peers such as Cathay Pacific, Emirates and Etihad”.
Kenya Airways COO Jan De Vegt on commencing a four times weekly Nairobi-Mauritius service via an expanded codeshare with Air Mauritius:
“This is part of our strategic intent to expand our footprint across Africa. The investment and trade opportunities presented by this direct flight will certainly add value to both countries”. He added the route “will also have great impact on our upcoming nonstop flights to New York by reinforcing its attractiveness to the American premium leisure travellers”.
Air Mauritius CEO Somas Appavou on the same topic:
“This agreement is in line with the country’s Vision 2030 and our network strategy to tap into the emerging opportunities in Africa. Kenya Airways is a strong player on the continent and has a solid network that can give us better access to East Africa, Central Africa and very soon to the USA”.
DHL Global Forwarding USA CEO David Goldberg on ground handling services in the US:
“Ground handling in the US is not to the levels it needs to. The cargo recovery times from the airlines are, in my opinion, far too long and we need to find solutions to be able to do it more quickly”, and added: “We have taken some actions on our side, to try to improve to recover cargo more quickly, but there is a lot of work to be done to improve the speed in the US generally”.
RwandAir CEO Yvonne Manzi Makolo on competition between African airlines:
“It has a detrimental effect on the airlines and it prevents further growth”. She said collaboration between African carriers “would be extremely beneficial for all airlines in the continent. If there’s no collaboration then we leave the space wide open for other international carriers to take up that space so it’s very important, especially for the smaller airlines”.
South African Airways CEO Vuyani Jarana, on investment in airport infrastructure in Africa:
“Private sector investment normally brings a lot more greater efficiency in terms of the underlying investment. More could be done in order to meet the demands of the growing passenger numbers… I don’t see how governments would meet different competing needs without private sector investment”.
Oman Airports Group CEO Mustafa Al Hinai on Muscat International Airport’s operational costs increasing by 169.7% following the opening of its new terminal:
“The effect is normal, especially after moving from a small building of 60,000sqm to the 360,000sqm area the airport is situated in now. While we still face a few challenges due to the airport being new, we will overcome them in the next few months”.
Swoop president and CEO Steven Greenway on the airline receiving AOC approval from Transport Canada ahead of its proposed launch on 20-Jun-2018:
“Receiving our air operators certificate ticks the last check-box. We’re immensely proud of the Swoop inflight, maintenance and operations teams for getting us here. And we’re ready for takeoff on June 20”.
IAG Group CEO Willie Walsh on IAG’s interest in acquiring Norwegian Air Shuttle:
“At the right price, yes. But what’s happened since is that the fuel price has gone up significantly, and we’ve also seen volatility with the dollar. Norwegian is not hedged. Going into this year, they’ve got about 25 per cent hedged. We’ve got about 70 per cent”.