The Blue Swan Daily brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
Delta Air Lines CEO Ed Bastian on the carrier acquiring 4.3% equity stake in Hanjin KAL, a Korean Air shareholder:
“Delta’s partnership with Korean Air is already one of our fastest-integrating and most successful partnerships”, adding the new investment is expected to “further strengthen our relationship as we continue to build on the value of the joint venture”. He noted the carrier has a “vision to deliver the world’s leading trans Pacific joint venture” with Korean Air, delivering the “strongest network, the best service and the finest experience connecting the US with Asia”.
Virgin Atlantic CEO Shai Weiss called for a “level playing field” for airlines at an expanded London Heathrow Airport:
“Expansion offers a genuine once in a lifetime opportunity to shake up the market in favour of creating strong competition, greater choice and lower fares for consumers and business”.
Turkish Airlines CEO Bilal Ekşi expects the carrier’s need for pilots will continuously increase:
“We have been training our own pilots for a while at the Turkish Flight Academy. An annual average of 200 pilots graduate from this academy and they sign 10 year long contracts to fly with our company”. Mr Ekşi added the carrier is preparing for the significant requirement of pilots projected to arise within the next 15 to 20 years.
SKY Airline CEO Holger Paulmann on Chile’s recent reduction in passenger boarding fees, stating the policy taken by Chile should be rolled out throughout Latin America:
“To really boost international flow to regional airports, it is necessary to create a new international boarding fee for short haul Latin American services… the high costs of international fees hamper connectivity between secondary cities in neighbouring countries”.
Grupo Viva Air CEO Félix Antelo on operational costs in Colombia:
“70% of the cost of an airfare in Colombia corresponds to taxes… From Barranquilla to Bogota and Medellin we have fares from COP70,000 (USD21.30) and COP80,000 (USD24.40) and from that value 70% are taxes, the carrier takes between COP15,000 (USD4.50) and COP20,000 (USD6.10)”. He added: “There’s space to reduce operational costs “.
FedEx chairman and CEO Frederick W Smith on the outlook for 2020:
“FedEx enters fiscal 2020 with a sharp focus on extending our lead as the premier global transportation and logistics company and on making the necessary investments today to capture the significant market opportunities we see for the future”.