Understanding the Market

Size: px
Start display at page:

Download "Understanding the Market"

Transcription

1 IATA Seminar: A Successful Airport for a Successful Industry Understanding the Market Ian Thomas Senior Consultant Industry Affairs

2 The Asian Growth Bubble Regional economic expansion + China + Air service liberalisation + Market restructuring + Improved airline profits + Greater Competition + Emergence of Low-Cost Carriers + = GROWTH

3 Key Issues for Airlines: Driving Costs Down Airlines responding to fundamental market changes by: reducing legacy costs segmenting operations, market-aligned services developing new operating models maintaining pressure on cost centres, including airports The outcome: = improved profit margins, resilience = expansion of services, capacity = higher levels of traffic growth (yields still soft)

4 Liberalisation: Accelerating Fast Cross-border deregulation moves from go-slow into overdrive Top down, bottom up process Largely market and industry-driven, especially low-cost airline development Governments forced to confront the unexpected pace of change Time to reassess policy, particularly towards airports Expect wholesale regulatory change within three years

5 Liberalisation: Southeast Asia Singapore Australia 22-Sep-99 Significantly liberalised agreement removes capacity restrictions on intermediate and beyond fifth freedom rights Singapore Sri Lanka Sep-99 Open skies Singapore UAE 25-Feb-00 Open skies Thailand UAE 07-Mar-00 Open skies Thailand India Nov-99 Five new destinations added to India Thailand China 31-Dec-99 Open skies Malaysia Japan 03-Mar-00 Significantly expanded bilateral air services agreement Malaysia Hong Kong SAR 11-Mar-00 Open capacity Malaysia Indonesia 26-Aug-99 Significantly expanded bilateral air services agreement

6 Liberalisation: Northeast Asia China Australia 8-Jul-99 Liberalised air services agreement China Japan 31-Jul Liberalised agreement, increasing weekly frequencies between the two countries by 35 each China Nepal Aug-99 Liberalised agreement allowing 14 frequencies per week each on China-Nepal routes China Thailand 31-Dec-99 Open skies China South Korea18-Mar-00 Liberalised bilateral air services agreement, providing multiple carrier designation on three routes Hong Kong SAR Australia 14-Apr-00 Liberalised air services agreement, providing for doubling of capacity/frequency Hong Kong SAR Hong Kong SAR Thailand 18-Mar-00 Liberalised agreement - unlimited passenger services between Hong Kong and all Thai destinations, fifth freedom rights and codesharing UK 26-Nov-99 Liberalised agreement - unlimited passenger services between Hong Kong and the UK, comprehensive codeshare arrangement and fifth-freedom rights Hong Kong SA Russia 11-Feb-04 Bilateral air services agreement involving a 130% increase in the number of weekly Hong Kong-Russia frequencies, fifth freedom rights Hong Kong SAR Malaysia 11-Mar-00 Open capacity agreement

7 China Enters Regulatory Sixth Phase Traffic Growth Phase Five Phase Six Deregulation & Liberalisation Phase Two Phase Three Competition & Expansion Phase Four Privatisation & "Excessive" Competition Consolidation Phase One De-centralisation Centralisation Source: Centre for Asia Pacific Aviation

8 Key Issues for Airport Policy Government regulation soft or firm-handed; Privatisation new commercial paradigm; investor, shareholder focus Infrastructure, operational demands, providing for high growth; new airline structures Pricing for the new airline environment uniform or differential? Development strategy hub or non-hub, build non aeronautical Increasing competition for hub-hub and hub-secondary traffic in Asia

9 Competing Hubs BJS SEL KIX TYO SHA CAN MFN HKG TPE KAO MNL BKK KUL SIN JKT

10 Reinforcing the Hub Priority 1. Priority 2. Priority 3. More efficiently servicing Full Service Carriers = Focus on reducing overheads = Improving transfer connectivity Expanding retail, other non-aero revenue Establishing low-cost airline terminal (optional) = Capture of high growth revenue (greater throughput, more retail and duty-free spend) = Centralised infrastructure, transport services (no duplication) = Opportunity to build support services (MRO, ground handling, training)

11 Influence of the Low-Cost Carriers Strong drivers of tourism, leisure market growth + pricesensitive business travel segment Specific airport requirements: Discounted charges, rentals (often performance based) Slots available for growth Rapid turnaround capability Minimal terminal facilities Stand alone IT, reservations systems Do not connect.yet

12 The Policy Options A complex formula, difficult to get right Prerequisites are to: (1) entrench the hub; and (2) provide for growth and the development of new markets Achieve a predictable environment within reason Privatisation policy needs clarity and transparency Otherwise airport sale may not optimise returns on government investment Strong competition exists for investment capital (China, India)

13 Conclusion 1: Key Issues for Government Airports Policy has to balance: Airline customer needs Competitive issues Consumer needs The National economy; and Investor requirements. The hub strategy needs to accommodate ALL categories of operator: Network carriers New entrants; and Subsidiaries/joint ventures Operational principles: Non discriminatory pricing Adequate facilities Good transfers

14 Conclusion 2 Developments within the airline industry will maintain high growth and pressure on governments to bring forward air service liberalisation Governments have responded by expanding bilateral agreements, and entering into talks on multilateral pacts The drive to deregulate has created opportunities, but also intensified competition, especially between hubs This has emphasised the need for a coherent and effective aviation and airports policy Failure to achieve such a policy may jeopardise hub competitive positions and privatisation plans

15 IATA Seminar September 6, 2004 Thank you!

Future Challenges For the Indian. Market. CEO Centre for Asia Pacific Aviation. Andrew Miller. April 2006

Future Challenges For the Indian. Market. CEO Centre for Asia Pacific Aviation. Andrew Miller. April 2006 Future Challenges For the Indian Market Andrew Miller CEO Centre for Asia Pacific Aviation April 2006 Environmental Drivers Governments focus on tourism growth and regional dispersal stimulate economy

More information

Challenges and opportunities for airport infrastructure. Angela Gittens, Kuala Lumpur, October 14, 2008

Challenges and opportunities for airport infrastructure. Angela Gittens, Kuala Lumpur, October 14, 2008 Challenges and opportunities for airport infrastructure Angela Gittens, Kuala Lumpur, October 14, 2008 Airports and airlines agree Infrastructure investments in India are urgently needed...we must use

More information

AFTA Travel Trends. June 2017

AFTA Travel Trends. June 2017 AFTA Travel Trends June 2017 AFTA Travel Trends Report 2017 Inbound and Outbound overview Introduction This snapshot provides an overview of the balance of trade between Inbound and Outbound Travel for

More information

Intra-African Air Services Liberalization

Intra-African Air Services Liberalization Intra-African Air Services Liberalization James Wiltshire Senior Economist, www.iata.org/economics To represent, lead and serve the airline industry Aviation connects African businesses to world markets

More information

Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China

Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China April 2012 Outline Who is Cebu Pacific? Business Proposition Support Package Required Who is Cebu Pacific? CEB: The Philippines Largest Carrier

More information

State of the Aviation Industry

State of the Aviation Industry State of the Aviation Industry Presentation to the ACI Airport Economics & Finance 10 th 11 th February London, United Kingdom Laurie N. Price Director of Aviation Strategy Mott MacDonald Aviation Current

More information

AFTA Travel Trends. July 2017

AFTA Travel Trends. July 2017 AFTA Travel Trends July 2017 AFTA Travel Trends Report 2017 Inbound and Outbound overview Introduction This snapshot provides an overview of the balance of trade between Inbound and Outbound Travel for

More information

Asia-Pacific Aviation: Growth and Challenges

Asia-Pacific Aviation: Growth and Challenges Asia-Pacific Aviation: Growth and Challenges A presentation to the ACI-NA International Aviation Issues Seminar Steve Martin Page 1 Page 2 Defining the Asia Pacific We ll call it GMT +5 GMT +12, minus

More information

2007/08 Full Year Results Investor Briefing

2007/08 Full Year Results Investor Briefing 2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved

More information

Alliances, Open Skies And Antitrust Immunity

Alliances, Open Skies And Antitrust Immunity Alliances, Open Skies And Antitrust Immunity MLIT Tokyo, Japan November 13, 2008 Mark F. Schwab Vice President Pacific United Airlines Agenda Liberalization and Alliances Alliances with Antitrust Immunity

More information

Global Airline Trends and Impacts International Aviation Issues Seminar

Global Airline Trends and Impacts International Aviation Issues Seminar Global Airline Trends and Impacts International Aviation Issues Seminar December 2017, Washington D.C. Oliver Lamb Managing Director 1 Around the world in 45 minutes Financial Performance Canada Mexico

More information

Centre for Aviation Studies

Centre for Aviation Studies Centre for Aviation Studies Growth of Aviation Markets in Pacific Rim, China, South east Asia, South Asia, India and Middle East By Prof K C Gandhi Centre for Aviation Studies University of Petroleum &

More information

2007/08 Interim Results

2007/08 Interim Results Bossini International Holdings Limited 2007/08 Interim Results For the six months ended 31 December 2007 Corporate Presentation 19 March 2008 0 Agenda Results Highlights Review of Operations Future Plans

More information

Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011

Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011 Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs

More information

Air transport creates large returns for national economies but returns for airlines are unsustainably weak

Air transport creates large returns for national economies but returns for airlines are unsustainably weak Air transport creates large returns for national economies but returns for airlines are unsustainably weak Thomas S. Windmuller SVP and Corporate Secretary Theme air transport brings large economic benefits

More information

Navigating through Turbulence. Andrew Herdman AAPA Director General IFSA ITCA WAEA Asia Pacific Conference Kuala Lumpur Malaysia, 29 April 2009

Navigating through Turbulence. Andrew Herdman AAPA Director General IFSA ITCA WAEA Asia Pacific Conference Kuala Lumpur Malaysia, 29 April 2009 Asia Pacific Aviation Navigating through Turbulence Andrew Herdman AAPA Director General IFSA ITCA WAEA Asia Pacific Conference Kuala Lumpur Malaysia, 29 April 2009 Presentation Outline Asia Pacific Aviation

More information

PATA Strategic Intelligence Centre. Tsunami Recovery Update. Wednesday June 22, 2005

PATA Strategic Intelligence Centre. Tsunami Recovery Update. Wednesday June 22, 2005 PATA Strategic Intelligence Centre Tsunami Recovery Update Wednesday June 22, 2005 Page 1 of 6 Y-T-D Inbound (Source: Relevant NTOs, Airport Authorities) Year Destination Period 2004 2005 Change The Americas

More information

2003/04 Full Year Results Presentation to Investors

2003/04 Full Year Results Presentation to Investors 2003/04 Full Year Results Presentation to Investors 19 August 2004 Geoff Dixon Chief Executive Officer Highlights 12 months to June 2004 12 months to June 2003 Increase/ (decrease) % Sales and operating

More information

The Accounting Case Competition for Secondary Schools and Tertiary Institutes. Tertiary Institutes Group

The Accounting Case Competition for Secondary Schools and Tertiary Institutes. Tertiary Institutes Group The Accounting Case Competition for Secondary Schools and Tertiary Institutes 2004 Time allowed 2 hours Answer ALL the questions Marks Section A 50 Section B 20 Section C 15 Section D 15 100 DO NOT OPEN

More information

Analysts Briefing. 24 June Cathay Pacific Airways Limited

Analysts Briefing. 24 June Cathay Pacific Airways Limited Analysts Briefing 24 June 2016 Cathay Pacific Airways Limited Operating performance - overview Challenging business environment. Load factor lower than expectations on weakening passenger demand. Strong

More information

Asian stopovers in Nordic countries Optimistic perspectives. March 2018

Asian stopovers in Nordic countries Optimistic perspectives. March 2018 Asian stopovers in Nordic countries Optimistic perspectives March 2018 OUR COMMITMENT IS TO HAVE THE MOST PRECISE, UP-TO-DATE MARKETDATA ON TRAVELLERS JOURNEYS 30.238.647 Travellers monitored each day

More information

Thank you for participating in the financial results for fiscal 2014.

Thank you for participating in the financial results for fiscal 2014. Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots

More information

SET Opportunity Day #3/2011

SET Opportunity Day #3/2011 SET Opportunity Day #3/2011 2Q11 & 1H11 Performance & Outlook 18 August 2011 The views expressed here contain some information derived from publicly available sources that have not been independently verified.

More information

Asia Pacific Aviation

Asia Pacific Aviation Asia Pacific Aviation Stronger Together Andrew Herdman Director General Association of Asia Pacific Airlines Overview Asia Pacific aviation Business trends Future growth Sustainability Regulatory challenges

More information

MARKET REPORT. Auckland Hotel Market Outlook

MARKET REPORT. Auckland Hotel Market Outlook MARKET REPORT Auckland Hotel Market Outlook SEPTEMBER 2018 Auckland Hotel Market Outlook Market Report - September 2018 Auckland Hotel Market Outlook With the high (summer) season approaching, it won t

More information

Tourism and Events Queensland s Aviation Framework Executive Summary

Tourism and Events Queensland s Aviation Framework Executive Summary Tourism and Events Queensland s Aviation Framework 2018 2025 Executive Summary Key Stakeholders and their Responsibilities DESTINATION PARTNERS Australian Government Australian Government Department of

More information

Cathay Pacific Airways Analyst Briefing. 21 November 2014

Cathay Pacific Airways Analyst Briefing. 21 November 2014 Cathay Pacific Airways Analyst Briefing 21 November 2014 Operating Performance Passenger demand remains strong, although growth in North America is significantly short of increase in capacity. Demand for

More information

Macao's aviation strategy and partnership approach

Macao's aviation strategy and partnership approach Macao's aviation strategy and partnership approach Lam Hin San, Kevin Macao SAR, China 31 March 2008 Macao SAR, China Total Area: 28.6 km 2 Macao Peninsula: 9.3 km2 Taipa Island: 6.5 km2 CoTai Area: 5.2

More information

Quarterly Meeting# 4/2018

Quarterly Meeting# 4/2018 Quarterly Meeting# 4/2018 3Q18 & 9M18 Performance & Outlook 14 November 2018 1 2016 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources

More information

The Single EU Aviation Market 09/04/2008. in the Larger Market Place.

The Single EU Aviation Market 09/04/2008. in the Larger Market Place. The Future NOUVELLE of European LÉGISLATION Aviation in the Larger Market Place. EUROPÉENNE POUR ÉCONOMISER Mr. Olivier Onidi L ÉNERGIE Head of Internal Market, Air Transport Agreements and Multilateral

More information

Introduction to IATA

Introduction to IATA Introduction to IATA Founded in 1945 Travel Agency Community of 90,000 offices Plays a vital and central in airline product distribution IATA Mission: to represent, lead and serve the airline industry

More information

ASEAN Open Skies and its implications on airport development strategy in Malaysia

ASEAN Open Skies and its implications on airport development strategy in Malaysia Latin America/Caribbean and Asia/Pacific Economics and Business Association An initiative of the Inter-American Development Bank and the Asian Development Bank Institute Fourth LAEBA Annual Meeting Lima,

More information

Regional Conference on Air Transport. 02/03 May 2013

Regional Conference on Air Transport. 02/03 May 2013 Regional Conference on Air Transport 02/03 May 2013 7 May 2013 1 PRESENTATION BY SARUPANAND KINNOO Ag DIRECTOR OF CIVIL AVIATION 7 May 2013 2 OUTLINE AIR TRANSPORT CHICAGO CONVENTION BILATERAL AIR SERVICES

More information

Corporate Presentation 2012/13 Interim Results

Corporate Presentation 2012/13 Interim Results Corporate Presentation 2012/13 Interim Results 26 February 2013 0 Disclaimer The information contained in this presentation is intended solely for your personal reference. Such information is subject to

More information

WORLDWIDE AIR TRANSPORT CONFERENCE: CHALLENGES AND OPPORTUNITIES OF LIBERALIZATION. Montreal, 24 to 29 March 2003

WORLDWIDE AIR TRANSPORT CONFERENCE: CHALLENGES AND OPPORTUNITIES OF LIBERALIZATION. Montreal, 24 to 29 March 2003 26/2/03 English only WORLDWIDE AIR TRANSPORT CONFERENCE: CHALLENGES AND OPPORTUNITIES OF LIBERALIZATION Montreal, 24 to 29 March 2003 Agenda Item 1: Preview 1.1: Background to and experience of liberalization

More information

ECONOMIC PERFORMANCE OF THE AIRLINE INDUSTRY: GLOBAL AND REGIONAL VIEW. Roman Orlik, IATA

ECONOMIC PERFORMANCE OF THE AIRLINE INDUSTRY: GLOBAL AND REGIONAL VIEW. Roman Orlik, IATA ECONOMIC PERFORMANCE OF THE AIRLINE INDUSTRY: GLOBAL AND REGIONAL VIEW Roman Orlik, IATA INAIR 2017 Prague 1 IATA 20 year passenger forecast: 7,200,000,000 INAIR 2017 Prague 2 Aviation s center of gravity

More information

LIBERALISATION, OPEN SKIES AND BEYOUND

LIBERALISATION, OPEN SKIES AND BEYOUND AIR LAW, REGULATION AND COMPLIANCE MANAGEMENT COURSE DESIGNED FOR ISTANBUL TECHNICAL UNIVERSITY AND TURKISH AVIATION ACADEMY BY McGILL UNIVERSITY INSTITUTE OF AIR AND SPACE LAW LIBERALISATION, OPEN SKIES

More information

Corporate Presentation

Corporate Presentation Corporate Presentation 2010/11 Interim Results 22 February 2011 Bossini International Holdings Limited 堡獅龍國際集團有限公司 Disclaimer The information contained in this presentation is intended solely for your

More information

CHINA HOTEL MARKET OUTLOOK

CHINA HOTEL MARKET OUTLOOK CHINA HOTEL MARKET OUTLOOK Topics To Cover Key Market Assessment China Hotel Market Sentiment Survey The Big Picture For China In 2010 Key Market Outlook KEY MARKET ASSESSMENT Key Market Occupancy Trends

More information

Commercial aviation. Market outlook, key trends driving growth and implications for airports. Dave Gamrath BCA Marketing.

Commercial aviation. Market outlook, key trends driving growth and implications for airports. Dave Gamrath BCA Marketing. Commercial aviation Market outlook, key trends driving growth and implications for airports Dave Gamrath BCA Marketing June 2014 BOEING is a trademark of Boeing Management Company. Copyright 2014 Boeing.

More information

MAXIMIZING INVESTMENT AND UTILIZATION

MAXIMIZING INVESTMENT AND UTILIZATION MAXIMIZING INVESTMENT AND UTILIZATION November 2013 Luis Ajamil Bermello, Ajamil & Partners Two perspectives How to increase use of the facility OPTIMIZATION How to improve the capacity of the facility

More information

Overview of Japan s Sustainable Tourism Development

Overview of Japan s Sustainable Tourism Development Overview of Japan s Sustainable Tourism Development UNWTO Conference at Hyderabad, India Kazuyoshi Hasegawa Director of the Board & Secretary General Japan Association of Travel Agents April 2013 Index

More information

REAUTHORISATION OF THE ALLIANCE BETWEEN AIR NEW ZEALAND AND CATHAY PACIFIC

REAUTHORISATION OF THE ALLIANCE BETWEEN AIR NEW ZEALAND AND CATHAY PACIFIC Chair Cabinet Economic Growth and Infrastructure Committee Office of the Minister of Transport REAUTHORISATION OF THE ALLIANCE BETWEEN AIR NEW ZEALAND AND CATHAY PACIFIC Proposal 1. I propose that the

More information

AVOIDING TURBULENCE. The risks and opportunities of airline consolidation for corporate travel programs

AVOIDING TURBULENCE. The risks and opportunities of airline consolidation for corporate travel programs AVOIDING TURBULENCE The risks and opportunities of airline consolidation for corporate travel programs Introduction Whatever role you play in your corporate travel organisation, offering the best experience

More information

AFTA s 2017 Foreign Policy White Paper Submission

AFTA s 2017 Foreign Policy White Paper Submission AFTA s 2017 Foreign Policy White Paper Submission Page 1 of 10 About AFTA Ltd (AFTA) was founded in 1957 to: establish professional standards for travel agents; stimulate and promote travel; bring together

More information

Cathay Pacific Airways Interim Results for the six months ended 30 June 2012

Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 8 August 2012 1 Interim Result 1H2012 1H2011 Change Group attributable (loss) / profit HK$ million (935) 2,808-133.3% Group

More information

AIRLIFT STRATEGY PRESENTATION TO INDUSTRY GROWTH & SAFETY CONFERENCE: DATE: NOVEMBER 2014

AIRLIFT STRATEGY PRESENTATION TO INDUSTRY GROWTH & SAFETY CONFERENCE: DATE: NOVEMBER 2014 AIRLIFT STRATEGY PRESENTATION TO INDUSTRY GROWTH & SAFETY CONFERENCE: DATE: 04-06 NOVEMBER 2014 Table of Contents Section 1 Section 2 Section 3 Section 4 INTRODUCTION & EXECUTIVE SUMMARY OBJECTIVES MANDATE

More information

ASEAN Aviation Services and Liberalization

ASEAN Aviation Services and Liberalization ASEAN Aviation Services and Liberalization Workshop on ASEAN Aviation Integration, Kuala Lumpur 22 January 2018 Jae Woon Lee Assistant Professor, Chinese University of Hong Kong, Faculty of Law 1 1. Overview

More information

REPORT ON PROGRESS AND ACCOMPLISHMENTS OF THE ICAO APAC FLIGHT PROCEDURE PROGRAMME (FPP) IN 2012

REPORT ON PROGRESS AND ACCOMPLISHMENTS OF THE ICAO APAC FLIGHT PROCEDURE PROGRAMME (FPP) IN 2012 REPORT ON PROGRESS AND ACCOMPLISHMENTS OF THE ICAO APAC FLIGHT PROCEDURE PROGRAMME (FPP) IN 2012 ICAO Asia- Pacific FPP Beijing, China ICAO Asia-pacific FPP, Beijing 1 Content History Member States FPP

More information

Qantas Airways Investor Briefing

Qantas Airways Investor Briefing Qantas Airways Investor Briefing May 24 2007 Introduction APA bid protracted and difficult Continuity and stability now essential Executive Management commitment Orderly Board renewal Page 1 Page 1 Introduction

More information

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs

More information

Strategic Airport Management Programme April Airport Economics. presented by. Eileen Poh Assistant Director (ICAO Affairs)

Strategic Airport Management Programme April Airport Economics. presented by. Eileen Poh Assistant Director (ICAO Affairs) Airport Economics presented by Eileen Poh Assistant Director (ICAO Affairs) 1 Outline Regulated and non-regulated Revenues Price Cap-Regulation: Single or Dual Till Financial State of Airports Airports

More information

$0.7bn total spend. 141,400 arrivals. 4m total nights. 17% dispersed nights 1. Indonesia Market Profile. Performance overview

$0.7bn total spend. 141,400 arrivals. 4m total nights. 17% dispersed nights 1. Indonesia Market Profile. Performance overview Market Profile Performance overview In 2013, Indonesia was Australia s 12th largest inbound market for visitor arrivals, the 14th largest market for total expenditure, and 19th for visitor nights. It was

More information

Outlook for air travel markets

Outlook for air travel markets Outlook for air travel markets June 2016 Brian Pearce Chief Economist International Air Transport Association Extended period of strong air travel market growth 30% 25% 20% 15% 10% 5% 0% -5% -10% -15%

More information

BACHELOR OF TRAVEL AND TOURISM MANAGEMENT FIRST SEMESTER TTM1B01 FUNDAMENTALS OF TOURISM. Month Module Portions covered Hours Taken July& August

BACHELOR OF TRAVEL AND TOURISM MANAGEMENT FIRST SEMESTER TTM1B01 FUNDAMENTALS OF TOURISM. Month Module Portions covered Hours Taken July& August FIRST SEMESTER TTM1B01 FUNDAMENTALS OF TOURISM July& August Module III Tourism an overview components (5A s Attraction, Accessibility, Accommodation, Amenities and Activities), Tourism system and Elements

More information

REGULATORY POLICY SEMINAR ON LIBERALIZATION POLICY AND IMPLEMENTATION PORT OF SPAIN, TRINIDAD AND TOBAGO, APRIL, 2004

REGULATORY POLICY SEMINAR ON LIBERALIZATION POLICY AND IMPLEMENTATION PORT OF SPAIN, TRINIDAD AND TOBAGO, APRIL, 2004 REGULATORY POLICY SEMINAR ON LIBERALIZATION POLICY AND IMPLEMENTATION PORT OF SPAIN, TRINIDAD AND TOBAGO, 27-29 APRIL, 2004 JAMAICA S EXPERIENCE WITH AIR TRANSPORT LIBERALIZATION INTRODUCTION Today, the

More information

Changi Airport Group releases FY2011/12 Annual Report

Changi Airport Group releases FY2011/12 Annual Report Media Release Changi Airport Group releases FY2011/12 Annual Report SINGAPORE, 14 September 2012 Changi Airport Group (CAG) today released its annual report for the financial year ended 31 March 2012 (FY11/12).

More information

Cathay Pacific Airways Analyst Briefing 27 November 2012

Cathay Pacific Airways Analyst Briefing 27 November 2012 Cathay Pacific Airways Analyst Briefing 27 November 2012 1 Trading Statement 2012 A very challenging year High fuel prices Soft premium demand High competition in Economy Class putting pressure on yield

More information

European Commission. A European Community Contribution to World Aviation Safety Improvement. Singapore 14/01/2004

European Commission. A European Community Contribution to World Aviation Safety Improvement. Singapore 14/01/2004 European Commission A European Community Contribution to World Aviation Safety Improvement Singapore 14/01/2004 Community Aviation Safety Improvement Strategy In the wake of the Puerta Plata accident,

More information

AIRPORT MODERNISATION IN INDIA By K Roy Paul Secretary, Ministry of Civil Aviation, India and Chairman, Air-India Limited

AIRPORT MODERNISATION IN INDIA By K Roy Paul Secretary, Ministry of Civil Aviation, India and Chairman, Air-India Limited - 1 - AIRPORT MODERNISATION IN INDIA By K Roy Paul Secretary, Ministry of Civil Aviation, India and Chairman, Air-India Limited With phenomenal growth in air traffic, the importance of air transport in

More information

Jan-18. Dec-17. Travel is expected to grow over the coming 6 months; at a slower rate

Jan-18. Dec-17. Travel is expected to grow over the coming 6 months; at a slower rate Analysis provided by TRAVEL TRENDS INDEX DECEMBER 2018 CTI reading of 51.8 in December 2018 indicates that travel to or within the U.S. grew 3.6% in December 2018 compared to December 2017. LTI predicts

More information

For personal use only

For personal use only QANTAS GROUP MARKET UPDATE SYDNEY, 5 December 2013: The Qantas Group today announced a market update, accelerated cost reductions and a capital expenditure and structural review, in response to fundamentally

More information

Cathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013

Cathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013 Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013 Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013 1 Operating Performance The challenging business environment continues into the first

More information

Ministry of Land, Infrastructure, Transport and Tourism Airport Forum. Jetstar Presentation 8 March 2011

Ministry of Land, Infrastructure, Transport and Tourism Airport Forum. Jetstar Presentation 8 March 2011 資料 5 Ministry of Land, Infrastructure, Transport and Tourism Airport Forum Jetstar Presentation 8 March 2011 Welcome to Jetstar Jetstar is the leading Asia Pacific LCC Continuously profitable since 2004

More information

Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS

Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2012-13 13 RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY12/13 2Q/12 $million

More information

Analyst Briefing. 12 June Cathay Pacific Airways Limited

Analyst Briefing. 12 June Cathay Pacific Airways Limited Analyst Briefing 12 June 2015 Cathay Pacific Airways Limited Operating Performance The positive operating environment continues into the first half of 2015. Robust passenger demand and healthy cargo demand.

More information

Steve Smith Director Cargo Supply Chain Management

Steve Smith Director Cargo Supply Chain Management IATA e-freight project status Steve Smith Director Cargo Supply Chain Management Contents 1. Introduction: Vision and Board Mandate 2. Current Performance 3. 2010 progress to increasing e-freight capability:

More information

20-Year Forecast: Strong Long-Term Growth

20-Year Forecast: Strong Long-Term Growth 20-Year Forecast: Strong Long-Term Growth 10 RPKs (trillions) 8 Historical Future 6 4 2 Forecast growth annual rate 4.8% (2005-2024) Long-Term Growth 2005-2024 GDP = 2.9% Passenger = 4.8% Cargo = 6.2%

More information

Changi Airport Group recognises top airline partners for contributions to the Singapore air hub

Changi Airport Group recognises top airline partners for contributions to the Singapore air hub Media Release Changi Airport Group recognises top airline partners for contributions to the Singapore air hub Xiamen Airlines named Partner of the Year at Changi Airline Awards 2016 SINGAPORE, 28 April

More information

ASEAN Single Aviation Market Agreement

ASEAN Single Aviation Market Agreement ASEAN Single Aviation Market Agreement CAREC Aviation Workshop, Singapore 6 April 2017 Brendan Sobie Chief Analyst and Southeast Asia Chief Representative CAPA Centre for Aviation Contents ASEAN-SAM background

More information

ANA HOLDINGS Financial Results for FY2014

ANA HOLDINGS Financial Results for FY2014 ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for FY2014 TOKYO, April 30, 2015 ANA HOLDINGS (hereafter ANA HD ) today reports its consolidated financial results for fiscal year 2014 (April-March). Highlights

More information

The Need and Urgency for a Three-Runway System (3RS) August 7, 2014

The Need and Urgency for a Three-Runway System (3RS) August 7, 2014 The Need and Urgency for a Three-Runway System (3RS) August 7, 2014 1 1 Need for 3RS? 2 Recent criticism HKIA is being managed inefficiently AA allows the proliferation of narrow-bodied aircraft and small

More information

Building A New Silk Road Capacity Planning and Selecting Markets. Greg Kaldahl SVP Resource Management

Building A New Silk Road Capacity Planning and Selecting Markets. Greg Kaldahl SVP Resource Management Building A New Silk Road Capacity Planning and Selecting Markets Greg Kaldahl SVP Resource Management 1 The Airline Industry Is In A State Of Constant Change Market cap ( bn) as of 1 Jan 1999 10 9.3 NA/EU

More information

$ bn. $1.3bn total spend. 324,200 arrivals. 9m total nights. 30% dispersed nights 1. Japan Market Profile. Performance overview

$ bn. $1.3bn total spend. 324,200 arrivals. 9m total nights. 30% dispersed nights 1. Japan Market Profile. Performance overview Market Profile Performance overview In 2013, Japan was Australia s sixth largest inbound market for visitor arrivals, the fifth largest market for total expenditure and seventh for visitor nights. It was

More information

AIR TRANSPORT MANAGEMENT Universidade Lusofona January 2008

AIR TRANSPORT MANAGEMENT Universidade Lusofona January 2008 AIR TRANSPORT MANAGEMENT Universidade Lusofona Introduction to airline network planning: John Strickland, Director JLS Consulting Contents 1. What kind of airlines? 2. Network Planning Data Generic / traditional

More information

$ bn. $1.1bn total spend. 340,500 arrivals. 5m total nights. 23% dispersed nights 1. Singapore Market Profile. Performance overview

$ bn. $1.1bn total spend. 340,500 arrivals. 5m total nights. 23% dispersed nights 1. Singapore Market Profile. Performance overview Market Profile Performance overview In 2013, Singapore was Australia s 5th largest inbound market for visitor arrivals, seventh largest market for total expenditure and 14th for visitor nights. It was

More information

Recovery Now! ANZPHIC 2010 Sydney - July 8, Hotel Performance Back On Track

Recovery Now! ANZPHIC 2010 Sydney - July 8, Hotel Performance Back On Track Recovery Now! Hotel Performance Back On Track ANZPHIC 2010 Sydney - July 8, 2010. STR Global Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all or a portion

More information

Liberalisation Driving Force For Growth? Andrew Herdman, Director General Association of Asia Pacific Airlines

Liberalisation Driving Force For Growth? Andrew Herdman, Director General Association of Asia Pacific Airlines Liberalisation Driving Force For Growth? Andrew Herdman, Director General Association of Asia Pacific Airlines 16 th ACI Pacific Regional Assembly 10 May 2006, Hong Kong Presentation outline Aviation industry

More information

Airport Characteristics: Part 2 Prof. Amedeo Odoni

Airport Characteristics: Part 2 Prof. Amedeo Odoni Airport Characteristics: Part 2 Prof. Amedeo Odoni Istanbul Technical University Air Transportation Management M.Sc. Program Air Transportation Systems and Infrastructure Module 4 May 25, 2015 Outline

More information

TripAdvisor Workshop Christchurch 7 June 2016

TripAdvisor Workshop Christchurch 7 June 2016 TripAdvisor Workshop Christchurch 7 June 2016 TripAdvisor: The World s Largest Travel Site 1 M I L L I O N Reviews & Opinions 3402005 MILLION 2000 Unique visitors a month M I L L I O N 350 r e vie w s

More information

Megawide Construction Corporation FY 2016 Analysts Briefing 06 April 2017

Megawide Construction Corporation FY 2016 Analysts Briefing 06 April 2017 Megawide Construction Corporation FY 2016 Analysts Briefing 06 April 2017 FY 2016 CONSOLIDATED HIGHLIGHTS +14% P17.7B Revenue +19% P3.6B EBITDA +30% P1.9B Net Income 1 1 CONSOLIDATED INCOME STATEMENT 2

More information

Many Nations through Civil Aviation. China Civil Aviation Development Forum Beijing June 2015

Many Nations through Civil Aviation. China Civil Aviation Development Forum Beijing June 2015 Promote Opening and Cooperation Among Many Nations through Civil Aviation China Civil Aviation Development Forum Beijing 24 25 June 2015 Arun Mishra Regional Director, Asia and Pacific ICAO Regional Office

More information

Tourism Snapshot. June 2015 Volume 11, Issue 6. A focus on the markets in which Destination Canada (DC) and its partners are active.

Tourism Snapshot. June 2015 Volume 11, Issue 6. A focus on the markets in which Destination Canada (DC) and its partners are active. Tourism Snapshot Tourism PEI / Paul Baglole A focus on the markets in which Destination Canada (DC) and its partners are active. www.destinationcanada.com June Volume 11, Issue 6 Key highlights Over the

More information

Authored by Cr Bob Manning Mayor

Authored by Cr Bob Manning Mayor Queensland Treasury Corporation Investor Conference Presentation Authored by Cr Bob Manning Mayor Cairns Regional Council 1 Two and half years ago, I stood before the Public Hearing for the Joint Select

More information

What Airlines Need from Infrastructure Providers

What Airlines Need from Infrastructure Providers What Airlines Need from Infrastructure Providers Andrew Herdman, Director General Association of Asia Pacific Airlines 4 September 2007, Hong Kong Presentation Outline Industry collaboration Airports Air

More information

Air China Limited 2014 Annual Results Under IFRS

Air China Limited 2014 Annual Results Under IFRS Air China Limited 2014 Annual Results Under IFRS March 2015 Agenda Part 1 Results Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook Part 1 Results Highlights Gradual Global Economic

More information

Financial stability and regional monetary cooperation

Financial stability and regional monetary cooperation Financial stability and regional monetary cooperation Charles Wyplosz The Graduate Institute, Geneva Conference on Deepening Financial Sector Reforms and Regional Cooperation in South Asia Delhi November

More information

ASIA PACIFIC TRAVEL Abacus International interview January 2005

ASIA PACIFIC TRAVEL Abacus International interview January 2005 ASIA PACIFIC TRAVEL Abacus International interview January 2005 bacus counts on huge Asian travel market Abacus, Asia Pacific s leading travel facilitator, is gearing up for almost unlimited growth potential

More information

OPEN SKIES TREATY Last Updated 2/18/10 Compiled by Dave Harris

OPEN SKIES TREATY Last Updated 2/18/10 Compiled by Dave Harris OPEN SKIES TREATY Last Updated 2/18/10 Compiled by Dave Harris mothflyer@gmail.com The following was excerpted from Wikipedia. The Legislative Committee does not necessarily endorse or agree with some

More information

Queensland Tourism Aviation Blueprint to 2016

Queensland Tourism Aviation Blueprint to 2016 Queensland Tourism Aviation Blueprint to 2016 tq.com.au Blueprint outline The purpose of the Queensland Tourism Aviation Blueprint to 2016 is to develop the strategic framework that will guide aviation

More information

ANA Group Announces Its Fiscal Year 2019 Flight Schedule

ANA Group Announces Its Fiscal Year 2019 Flight Schedule ANA NEWS ANA Group Announces Its Fiscal Year Flight Schedule ANA plans to accelerate growth by expanding its international network. New state-of-the-art aircraft will be introduced to further improve passenger

More information

For personal use only

For personal use only Sydney Airport Holdings Limited ABN 85 075 295 760 AFSL 236875 Central Terrace Building 10 Arrivals Court Sydney International Airport New South Wales 2020 T 1800 181 895 or +61 2 9667 9871 F +61 2 9667

More information

Global Trends in Air Services Agreements and Future of NEA Air Transport and Policy

Global Trends in Air Services Agreements and Future of NEA Air Transport and Policy Global Trends in Air Services Agreements and Future of NEA Air Transport and Policy Prof. Tae Hoon Oum The Air Transport Research Society (ATRS) and UPS Foundation Chair of Transport & Logistics, The University

More information

Record Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million

Record Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million 2006/07 Full Year Results Investor Presentation August 16 2007 Record Result Moved on successfully following bid Profit before tax + 53.8% to $1,032 million Group returning above Cost of Capital 2 Key

More information

Making travel easier and more affordable. easyjet s views on how aviation policy can improve the passenger experience and reduce costs

Making travel easier and more affordable. easyjet s views on how aviation policy can improve the passenger experience and reduce costs Making travel easier and more affordable easyjet s views on how aviation policy can improve the passenger experience and reduce costs Foreword by Carolyn McCall, CEO Contents Fifty years ago, flying was

More information

Worldwide Fleet Forecast

Worldwide Fleet Forecast Worldwide Fleet Forecast Presented to: Montreal June 6, 26 DAVID BECKERMAN Director, Consulting Services Agenda State of the Industry Worldwide Fleet Regional Jets Narrowbody Jets Large Widebody Jets Freighter

More information

Finding Rationality in an Irrational World: The Economics of Successful Hotel Negotiations

Finding Rationality in an Irrational World: The Economics of Successful Hotel Negotiations Finding Rationality in an Irrational World: The Economics of Successful Hotel Negotiations Isaac Collazo, Vice President, Performance Strategy & Planning, InterContinental Hotels Group (IHG) Maria Lowry,

More information

2009/TEL39/LSG/WKSP2/002rev2 International Mobile Roaming Survey Results - Presentation

2009/TEL39/LSG/WKSP2/002rev2 International Mobile Roaming Survey Results - Presentation 2009/TEL39/LSG/WKSP2/002rev2 International Mobile Roaming Survey Results - Presentation Submitted by: Australia Workshop on International Mobile Roaming Charges Singapore 14 April 2009 TEL 39, Singapore

More information

Quarterly Meeting# 2/2017

Quarterly Meeting# 2/2017 Quarterly Meeting# 2/2017 1Q17 Performance & Outlook 16 May 2017 1 2017 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources that have

More information

Auckland International Airport FY19 Interim Results: Positive start to year as airport progresses anchor infrastructure projects

Auckland International Airport FY19 Interim Results: Positive start to year as airport progresses anchor infrastructure projects Media Release 22 February 2019 Auckland International Airport FY19 Interim Results: Positive start to year as airport progresses anchor infrastructure projects Auckland Airport today announced its financial

More information