The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
Comox Valley Airport CEO Fred Bigelow on new ULCCs such as Swoop and Flair Airlines:
“It’s going to be interesting to see how Swoop evolves over time. Right now they’ve got really good service with non-stop service to Puerto Vallarta, and there’s lots of other service out of Victoria and Vancouver going to sun spots, and they’re not necessarily going to want to steal from their own passengers”. Regional markets do not yet fit “their business model”, he said.
National Airlines Council of Canada (NACC) President and CEO Massimo Bergamini on the proposed air passenger regulations in Canada which he believes could adversely affect residents in Atlantic Canada, remote or northern communities:
“Flight delays and cancellations stem from a multitude of factors such as weather, most often outside of an air carrier’s control. Developing a punitive system to enforce cookie cutter regulations will fail to deliver the travel experience Canadian air passengers want, and may actually hurt those that live in remote, northern and Atlantic Canada communities”.
fastjet CEO Nico Bezuidenhout on the airline’s proposed capital raising of not less than USD10 million:
“Today’s capital raising will give fastjet the adequate headroom it needs for the remainder of 2018. Although there were some unexpected headwinds in 2017, the stabilisation plan put in place by the board has significantly reduced the cost base of the company and right sized the business. Trading in the year to date has been in line with market expectations and the company is now well positioned to capitalise on future growth”.
SAS president and CEO Rickard Gustafson on its climate and biofuel initiatives:
“The sustainability issue is crucial to the flight. We need fast and efficient transportation, both locally and globally, so people can meet. We see the need to build sustainable long-term business models and we believe business is a key partner for sustainable development”.
Airport International Group CEO Kjeld Binger on traffic highlights for May-2018:
“We are pleased with the success of the first five months of 2018, particularly given that results have significantly improved as opposed to the same period last year. As expected during the holy month of Ramadan, passenger numbers for May experienced a minor decrease. However, we maintain an optimistic outlook regarding the upcoming months, especially with the start of school summer vacation and arrival of Jordanian expats”.
Etihad Airways CEO Tony Douglas on:
- Being deregulated by Star Alliance, allowing members of the alliance to enter codeshare agreements with Etihad:
“In the past, the Etihad Group was identified as being an alliance itself and, consequently, under the rules of Star Alliance, its members were not allowed to engage in collaboration with us on codeshares”. He said Etihad will now “be able to go around the Star partners to build connectivity with their networks through codeshares wherever both parties agree to do so”.
- The airline’s relationship with Emirates:
“There is a proximity, we are like-minded, on a personal level we get on extremely well, and where there is opportunity in a non-competing way to get mutual advantage, frankly why wouldn’t you? For us it would probably be looking to learn, as simple as that”.
ACE Belgium Freighters CEO Eshel Heffetz on plans to commence operations in Oct-2018:
“The bilateral agreement between Europe and the US is open sky. Based on those rights, and according to the advice that I’m getting, the application should go through”. Mr Heffetz stated: “Our plan at ACE is to add another aircraft next year, at which point we will examine our performance”, and added: “If ACE does achieve what we plan to achieve with a one aircraft operation, then we will change the scope of the business plan”.
IATA director general and CEO Alexandre de Juniac on the global airfreight market:
“Headwinds are strengthening with growing friction among governments on trade. We still expect demand to grow, but those expectations are dampened with each new tariff introduced. Experience tells us that trade wars, in the long run, only produce losers”.