News

CAPA Meets at Powerscourt Hotel & Spa

CAPA Meets at Powerscourt Hotel & Spa

The splendid Powerscourt Hotel & Spa was once again the venue for the annual CAPA Airlines in Transition 2016 Conference. More than 180 delegates attended and were given an information  overload of aviation industry trends.

Peter Harbinson-CAPA

Peter Harbinson-CAPA

In a most interesting address, the CAPA Executive Chairman, Peter Harbison, said that demand will be the key issue in 2016. He pointed out that for 2015 the pivot was cost, as fuel priced slumped by an amazing 50%. As a consequence, prices have remained low, still defying anyone to predict where they will go in 2016.

The consensus suggests a gradual increase in prices, although this has been the belief for some time – and still prices slide. So, many airlines should continue to be profitable in 2016, although 2015 has likely been the peak, perhaps of all time. Whatever happens on the cost side of the ledger, one thing is clear: in 2016 the driver will be demand – or the lack of it.

At the CAPA Airline Boardroom live :How can full service carriers regain their short haul markets from the low cost carriers,Stephen Kavanagh-CEO-Aer Lingus said that globally relevant frequent flyer programmes are essential for full service carriers.

Stephen Kavanagh-Aer Lingus

Stephen Kavanagh-Aer Lingus

Busy at CAPA were the RADIXX team of Owen Murphy,Mike Barrera and Christine Kaducova.

Busy at CAPA were the RADIXX team of Owen Murphy,Mike Barrera and Christine Kaducova.

The duo of Katrina Gallogy and Alison Bell were in Powerscourt  at the CAPA aviation summit.

The Mobile Travel Technologies  duo of Katrina Gallogy and Alison Bell were in Powerscourt at the CAPA aviation summit.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Michael Flood is the Editor of Ireland's leading travel industry publication, Irish Travel Trade News. With more than 35 years experience, he has accumulated an in-depth knowledge of the airline industry and the travel and tourism world.

More in News

Travellers’ Protection Fund: To Be or Not To Be?

Neil SteedmanJanuary 23, 2019

€155m European Investment Bank Support for Irish Continental Group

Michael FloodJanuary 23, 2019

Cork Airport Appoints New Head of Aviation Business Development

Neil SteedmanJanuary 23, 2019

Helen and Joanna Win Boyzone Tickets with Turkish Airlines

Neil SteedmanJanuary 23, 2019

Hainan Airlines Launches Non-Stop Dublin-Shenzhen Route

Neil SteedmanJanuary 23, 2019

Bangkok Airways Welcomes 40th Aircraft to the Fleet

Michael FloodJanuary 22, 2019

Irish Cruise Market Grew 8.8% in January-September Period – CLIA

Neil SteedmanJanuary 22, 2019

WestJet Hosts the Trade at Abbey Theatre

Ian BloomfieldJanuary 22, 2019

Aer Lingus Unveils Brand Refresh with A330-300 in New Livery

Neil SteedmanJanuary 22, 2019

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland