The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
Kenya Airways CEO Sebastian Mikosz responding to Kenya Aviation Workers Union (KAWU) call to boycott the airline’s inaugural Nairobi-New York flight:
“We were surprised by the destructive behaviour the union has demonstrated by asking staff to stay away from the US operations and can only view this as an attempt to use this positive occasion as an opportunity to pressurise the management into negotiations.” Mr Mikosz said management will only continue negotiations “after successful launch of the NYC route”.
Norwegian CEO Bjørn Kjos on the carrier’s 3Q2018 results:
“I am very pleased to present a solid result this quarter with a reduced unit cost despite strong growth. Going forward the growth will slow down, and we will begin to reap the large investments we have made over the years, which will benefit customers, employees and shareholders”. Mr Kjos noted: “There is no doubt that tough competition, high oil prices and a strong dollar will affect the entire aviation industry, making it even more important to further streamline our operations and continue to reduce costs”.
American Airlines Group Chairman and CEO Doug Parker on pretax earnings decreasing by USD485 million year-on-year to USD688 million in 3Q2018, driven by higher fuel prices:
“We have significant revenue growth opportunities through initiatives such as expanded product segmentation, harmonisation of aircraft configurations, and high-margin growth prospects in our most profitable hubs. We are confident these actions will return American to both revenue outperformance and earnings growth in 2019 and beyond and we remain very bullish on the future of American Airlines”.
Dublin Airport Authority CEO Dalton Philips on plans to invest EUR500 in the airport’s southern apron area near terminal 2:
“This plan has been designed to meet the needs of our airline customers, allowing them to continue to grow their business at Dublin Airport, which will boost tourism, trade and foreign direct investment throughout Ireland”.
easyJet CEO Johan Lundgren reaffirmed its ambition to operate electric aircraft by 2030, revising its planned launch date by three years:
“We can definitely see a way forward in how we will get this aircraft into the fleet… There’s no reason why we can’t meet the original deadline, it’s just that we’re waiting on suppliers, we’re waiting on batteries, so we’re trying to be conservative”.
Aeroflot CEO Vitaly Savelyev on plans to increase traffic to between 90 million and 100 million passengers p/a by 2023:
“In 1990, Aeroflot was listed in the Guinness Book of Records. We provided services to 139 million people… in 1994 the traffic dropped to 3.1 million”. Mr Savelyev added: “According to experts, in 2017 all airlines carried 124 million Russians, and Russian airlines alone carried 105 million people. There is a 6.4 per cent growth; therefore, it is possible to reach 189 million by 2023. This is why we want at least a half, so that it would not exceed half of the controlling stock, the market share”.
IATA director general and CEO Alexandre de Juniac on regulatory harmonisation in the Latin American region:
“The full scope of potential efficiencies” of Latin American airlines “is not being realised, because regulations remain nationally based in areas like training, licensing and aircraft registration”. According to Mr de Juniac, nationally based regulations deny airlines “opportunities such as the ability to easily move aircraft and staff around an airline’s network to match market requirements”.