IN­DUS­TRY PROFIT GLOB­ALLY TO BE OVER $39.4 BIL­LION IN 2016

In an in­ter­view Tony Tyler, Di­rec­tor Gen­eral & CEO, In­ter­na­tional Air Trans­port As­so­ci­a­tion (IATA), high­lighted the out­look for air­line’s fi­nan­cial per­for­mance, how the in­dus­try is fair­ing on the safety front, cli­mate change agree­ment at ICAO and why the

SP's Airbuz - - Table Of Contents -

Q: What’s the cur­rent out­look for air­line’s fi­nan­cial per­for­mance and what are the fac­tors? A: We are fore­cast­ing im­prove­ment in per­for­mance of 2016 over 2015. We are look­ing for an in­dus­try profit glob­ally this year from $39.4 bil­lion, which will be a record level. Of course the low fuel price is help­ing but over­all the in­dus­try is in a more zil­lion con­di­tion than it was some time ago and it’s in a bet­ter struc­ture, the load fac­tors are up us­ing more ef­fi­cient equip­ment, so gen­er­ally speak­ing de­spite cer­tain eco­nomic back­ground the air­lines are pro­duc­ing some good re­sults. Q: Safety is ob­vi­ously top-of-mind right now. How is the in­dus­try fair­ing on this front and what is IATA do­ing? A: Over­all, it’s a very safe time for the in­dus­try, I mean last year’s safety per­for­mance beat the five-year av­er­age and although of course we had a cou­ple of ter­ri­ble tragedies last year which were not ac­ci­dents they were caused de­lib­er­ately by hu­man ac­tion. What we’re do­ing as IATA is we are tight­en­ing up our IATA op­er­a­tions safety au­dit which has be­come a global bench­mark and safety man­age­ment for some 400 of the world’s top air­lines. That’s now be­com­ing a sys­tem of con­tin­ual as­sess­ment and a con­tin­ual safety man­age­ment rather than just a snap­shot ev­ery cou­ple of years and we are en­cour­ag­ing gov­ern­ments all around the world to adopt it as a part of their reg­u­la­tory regime. Q: Se­cu­rity has made the news in the United States re­cently, but is an on­go­ing is­sue af­ter the Brus­sels at­tacks. What more needs to be done on this? A: Of course gov­ern­ment in the short time needs to make sure they’ve got enough re­sources to keep the pas­sen­ger lines mov­ing. In the medium term though what we need to do is pre­vent these lines from hap­pen­ing in the first place and we have a pro­gramme, we call smarter se­cu­rity which aims to do that by work­ing with the air­ports. We are work­ing with Air­ports Coun­cil In­ter­na­tional to im­ple­ment new tech­nolo­gies to vi­su­alise all risk based sys­tems of se­cu­rity screen­ing so that we can ac­tu­ally get rid of these lines al­to­gether by do­ing thing a bit smarter. We need to im­prove fa­cil­i­ta­tion at air­ports, we need to go for more al­ter­na­tive sys­tems, and we need to make sure that ev­ery­body can have his board­ing card on his mo­bile phone or print it out at home so he doesn’t have to queue up at a check-in desk. Home printed bag tags, we now have a stan­dard for those, we are try­ing to get those adopted so that peo­ple won’t be queu­ing up to drop their bags off, the bag will al­ready be tagged be­fore they even get to the air­port. If we can re­duce the amount of con­ges­tion, the amount of queu­ing, we will also re­duce the vul­ner­a­bil­ity of air­port crowds, to ter­ror­ist out­rages like we saw in Brus­sels. Q: How con­fi­dent are you of the cli­mate change agree­ment at ICAO and why is the in­dus­try be­ing so proac­tive on this is­sue? A: The in­dus­try wants a global mar­ket base mea­sure to help man­age its car­bon emis­sions. It wants that be­cause re­ally that is its li­cence to grow. This in­dus­try needs to grow, it wants to grow, but we have to man­age our car­bon emis­sions which is why we have set the tar­get of car­bon neu­tral growth from 2020. To de­liver that we need gov­ern­ments to de­liver at ICAO in its tri-an­nual as­sem­bly in Septem­ber-Oc­to­ber this year. How con­fi­dent am I? Well, I’m hope­ful, I’m also rea­son­ably con­fi­dent but there is a lot of work to be done to bring gov­ern­ments into align­ment be­fore we can say with 100 per cent con­fi­dence that we go­ing to get that. Q: One of your per­sonal favourite top­ics is avi­a­tion be­ing seen as a force for good. How can gov­ern­ments be more aware of the ben­e­fits of sup­port­ing avi­a­tion? A: The air­line in­dus­try makes to­day’s modern life pos­si­ble. We en­able so much in the way of eco­nomic de­vel­op­ment and so­cial de­vel­op­ment. It’s im­pos­si­ble to think of an in­dus­try in any coun­try that isn’t af­fected by avi­a­tion, doesn’t de­pend on avi­a­tion. There’s more than that, it is also the lifeblood of so­cial de­vel­op­ment and in­ter­ac­tion. I mean not just for peo­ple who want to go on a hol­i­day, although that’s re­ally im­por­tant, but for fam­i­lies to stay con­nected, for busi­nesses to stay con­nected, for peo­ple. Peo­ple want to ex­plore the world and its avi­a­tion that makes that pos­si­ble so in all these ways this avi­a­tion is a huge force for good.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.