The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
airBaltic CEO Martin Gauss on the carrier’s future plan:
“In Baltic countries, there will be 40 to 50 aircraft, but the Baltics cannot be the base for the others. Baltic countries will receive an additional 15 aircraft and this should be sufficient for the region. We already selected a few other cities in European countries from which the aircraft could start operating”.
Primera Travel Group CEO Andri Már Ingólfsson on one of the reasons why Primera Air is no longer in operation:
“Airbus had up to 120 machines on the ground that they could not deliver. This cost Primera Air more than EUR20 million, with a loss of over EUR40 million…if this had not happened, we would still be in operation”.
Qatar Airways Group Akbar Al Baker on the airline considering adding a fuel surcharge to fares to help offset rising fuel prices and to aid in its return to profitability:
“We hope we will be able to move to profitability in the current financial year, even though the oil prices are rising… Higher oil prices will put pressure on our bottom line, but this is our business – sometimes oil is higher”.
Ryanair CEO Michael O’Leary said he is “hopeful and optimistic” that continued strikes and union issues will not affect the carrier’s financial position further following a profit warning issued earlier in Oct-2018:
“We are making real progress with the unions and that we won’t have any further damage to the business this year… But the airline industry is under significant pressure. The oil price is now up at USD85… It’s not a good time for unions to be creating disharmony”.
Aegean Airlines CEO Dimitrios Gerogiannis on the carrier’s quality of service which he believes “allows us to differentiate from our competitors, both full service competitors and the low cost competitors”:
“It is not the metal and it is not the technology that makes the difference. Technology can be imitated… What cannot be imitated is the quality and skills of our people… We invest a lot in developing and training our people and giving our people possibilities to grow professionally”.
IATA DG and CEO Alexandre de Juniac on the “best use of airport infrastructure” in Europe:
“Airline needs can be simply summarised. We need sufficient capacity, alignment with our technical and service requirements, and costs that are reasonable. And if governments are considering turning to the private sector for investment, they must think long term, be cautious, regulate strongly, and consult the industry”.