Subscribe Free
in Business & Finance

Strategies to support sustained airline financial health

Posted 24 August 2018 · Add Comment

The International Air Transport Association (IATA) has announced that the 2018 World Financial Symposium (WFS) will feature a strong focus on partnership strategies to accelerate delivery of transformation supporting sustained airline financial health.

 

2018 will mark the ninth consecutive year of industry profits and the fourth year in which airlines will make an aggregate return exceeding their cost of capital. However, rising costs, particularly fuel, will squeeze earnings, which are expected to slip from $38 billion in 2017 to $33.8 billion in 2018.

“The last few years have demonstrated that aviation is capable of delivering required levels of financial performance. That said, this year we are being truly tested, with fuel prices being up as much as 60% over the past year. Now more than ever, a High-Performing Financial Organization is crucial to align airlines behind financial targets. WFS is the forum for aviation finance professionals to come together to discuss and debate the challenges to achieve sustainable financial health,” said Aleks Popovich, IATA’s Senior Vice President, Financial and Distribution Services.

The WFS will be held in Madrid, Spain, 19-20 September 2018. The opening plenary will include sessions on a Strategic Roadmap in Supporting Sustained Airline Financial Health; How Digital Transformation is Changing the Airline Landscape; and fireside chats with key industry leaders.

Specialised tracks will address:

 

    Transformation in Payment

    Payment Regulation

    Fraud Prevention

    Financial Digital Transformation

    Financial Risk Management

    Future of Cash Management, Investment and Hedging

In addition, the Innovation Jam Session will return for a second year. There will also be a “High Impact Seminar” to which senior executives of airlines and industry partners are invited. This session will highlight a proposed strategic framework for accelerated delivery of innovation via partnership.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Play it, SAMI

A huge new player has emerged in the aerospace defence world. Alan Warnes finds out more.

Satcom Direct names Evgeniy Pashkov regional director EEMEA

Satcom Direct, the business aviation solutions provider, has appointed Evgeniy Pashkov as regional director for EEMEA.

USD 1.8 trillion global investment needed for aviation infrastructure modernisation by 2030

The required modernisation of aviation infrastructure expansion, development, and modernisation to cater to anticipated increase in passenger and freight air traffic demand will reach USD 1.8 trillion by 2030.

Jetex now the exclusive dealer in the region for hi-tech new HondaJet

Jetex is bringing the next-generation in advanced private jets to the Middle East after striking an agreement with Honda Aircraft Company to become the exclusive authorized dealer for the region.

Five Middle East States to share aviation security info

Following their presentation of a working paper entitled 'Sharing of Aviation Security Information Between States' at the Second High-level Conference on Aviation Security (HLCAS/2-WP/2), Egypt, Jordan, Oman, Saudi Arabia, Sudan

Somon cracks the EU code

Somon Air and AtlasGlobal are forging deeper ties in a bid to help the Tajik airline grow sustainably. Martin Rivers reports.

Boeing SK0311018051218
See us at
Aviation Africa BT0607280219AIME19BTA3005120219MEBAA BT1004121218SaudiAirshowBT0711140319