"Will Easter bookings collapse?"Tough questions kicking off the CEO panel on #A4ESummit
Also FR?? expects 10% drop in loads through at least the next few months. #AvGeek #COVID19
Also FR?? expects 10% drop in loads through at least the next few months. #AvGeek #COVID19
In 2001, 2003, 2008, 2011 the airlines kept empty planes flying more. IAG's Willie Walsh expects that to be very different this time around. Notes that some planes are grounded already. #AvGeek #A4ESummit
Ryanair's O'Leary notes that unlike post-9/11:
We haven't reduced prices. We're not trying to encourage unnecessary travel. We'll take the hit but it will be a short-lived phenomena.
#AvGeek #A4ESummit
We haven't reduced prices. We're not trying to encourage unnecessary travel. We'll take the hit but it will be a short-lived phenomena.
#AvGeek #A4ESummit
Walsh and O'Leary both hyping the idea that weaker airlines will fail as a result of the #COVID19 crisis, urges that governments stay away and let them fail. But also want governments to waive slot requirements (paxex.aero/2020/03/iata-p…). #AvGeek #PaxEx
"I don't see it as a cyclical business any more." That's an incredibly bold statement from @Airbus's Christian Scherer.
#AvGeek #A4ESummit
#AvGeek #A4ESummit
@Airbus Are carbon offsets just an excuse to not change behavior? EasyJet's Johan Lundgren is vehement that offsets are "one of the few proven technologies, but it an interim step that needs to be seen in the context of getting to groundbreaking technology." #A4ESummit #AvGeek #flygskam
@Airbus Boeing is keen on electric but doesn't see it soon for aircraft propulsion at scale: Electric technology is very promising but it is going to take a lot of time before we can get it to a massive scale. To get to a 737/320 size...I can't see that in the next decade. #A4ESummit
@Airbus Boeing continues, noting that electric can find its way in other parts of the business sooner while ATC optimization is something more direct and quick to deliver significant benefits faster. #A4ESummit #AvGeek
@Airbus LH Group's Spohr wants innovation and new aircraft but also believes as a CEO that basically only Boeing/Airbus are viable suppliers. Speaking of the CSeries/A220, "It is a great aircraft but it is only feasible once Airbus took over." #A4ESummit #AvGeek #PaxEx
@Airbus Hot take: Only EasyJet's CEO is truly looking forward in an optimistic manner that sees electric or hydrogen powered aircraft as really happening within the next 20 years. Not sure that's right or wrong, but he's the one pushing that idea. #A4ESummit #AvGeek #flygskam #PaxEx
@Airbus Introducing new taxes doesn't fix emissions issues, says Walsh. "Since [APD] was introduced in the UK not a single penny of that tax was used to improve anything related to emissions." #A4ESummit #AvGeek
