Page 3 - AAA JANUARY - FEBRUARY 2018 Online Magazine

CREDIT EDITOR’S NOTE

LINE

A Renewed Sense of Optimism
Editor
Vittorio Rossi Prudente The aviation industry will look towards another year of growth
vittorio.prudente@gbp.com.sg
and improved profitability in 2018 even as events taking place
Deputy Editor worldwide and rising fuel costs could particularly impact
Jay Menon airlines who have enjoyed a respite from high fuel prices. Brexit
jay.menon@gbp.com.sg
and the protectionist stance taken by the Trump administration
Bangalore Bureau Chief are other major areas of concern for the aerospace industry.
Atul Chandra Despite the steady increase in oil prices, which will result in
atul.chandra@gbp.com.sg
the price of jet fuel rising to as high as US$74 a barrel this year
Singapore Bureau Chief as compared to less than US$66 in 2017, International Air
Aprajita Anil Transport Association (IATA) forecasts, another year of profits.
aprajita.anil@gbp.com.sg
Airlines are likely to enjoy their fourth year of sustained profits
US Bureau Chief this year, allowing them to focus on fleet renewal and pilot
Arun Sivasankaran training needs.
arun.sivasankaran@gbp.com.sg
Airlines in the region are also making use of the respite being
Contributors provided by the carriers from the Middle East, which according
Geoffrey Thomas to IATA are facing, “challenges to their business models, and
Operations Director from low oil revenues, regional conflict, crowded air space, the
Siva Sachi impact of travel restrictions to the US, and competition the new
siva.sachi@gbp.com.sg
“super connector” (Turkish Airlines).” This is a much-needed
Art Director respite for Asia Pacific based carriers, who are revamping their
Miamica Khonglah offerings on profitable long-haul routes.
maya.khonglah@gbp.com.sg
The Singapore Airshow is now acknowledged as the
Web Director bellwether of the Asian aviation industry and will provide an
Elmer Valencia insight into Asian carriers and their plans for 2018. The Asian
elmer.valencia@gbp.com.sg
Airlines & Aerospace team will be at the show to report all the
Circulation Manager latest news and developments. We have also worked hard to
Akshay Satyamurthy revamp the page layouts of our magazine, which is now in its
akshay.satyamurthy@gbp.com.sg
27 year of publication, we hope you enjoy the issue!
TH
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akshay.satyamurthy@gbp.com.sg

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