Australia Pacific Summit 2019 Highlights
The South Pacific aviation market has enjoyed relatively benign operating conditions in the last couple of years, allowing the region’s carriers to record some of its best ever results. Major inbound markets are performing well and bringing solid traffic growth. Against this backdrop, Australia/New Zealand carriers are exploring the latest aircraft technology, opening up new city pairs, realigning their hubs and reviewing their partnership strategies on key markets such as the Trans Tasman and Trans Pacific. But as we head deeper into the year, changing macroeconomic conditions, rising fuel prices and growing trade protectionism could cause major headwinds in the industry. What is the outlook for Australia and New Zealand aviation for the medium term and what new dynamics will shape?
CAPA’s home event, the Australia Pacific Summit, held on 7-8 August explored these issues, as well as the commercial and operational pillars underpinning strategic decision making at local and international carriers. It gathered 500+ aviation and corporate travel executives from airlines, airports and suppliers in what is widely regarded as the largest, pre eminent strategic aviation summit in the South Pacific region.