Page 2 - AAA NOVEMBER - DECEMBER 2018 Online Magazine

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2 | November/December 2018 www.GBP.com.sg/AAA
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LINE
Headed into the Clear
As the global commercial aviation industry looks forward to 2019 as
Editor
Vittorio Rossi Prudente the year that will mark a decade of profits for the industry; the overall
vittorio.prudente@gbp.com.sg market sentiment is one of cautious optimism, as airlines are well
jay.menon@gbp.com.sg volatile economic or political sentiments. Airlines and national
aware that they can be buffeted at any time due to oil shocks and
Deputy Editor
Jay Menon
aviation regulators will also be striving for a repeat of 2017, when it
Bangalore Bureau Chief
that year. Airline safety will no doubt be aided by the digital transfor-
Atul Chandra comes to flight safety, as there were no fatalities on passenger jets
atul.chandra@gbp.com.sg mation of the aviation sector, which is likely to lead to one of the
safest periods in air travel in the coming decade. This is of course of
Singapore Bureau Chief
Aprajita Anil utmost importance as the number of air journeys are projected to
aprajita.anil@gbp.com.sg double from more than four billion today to in-excess of eight billion
US Bureau Chief by 2037.
Arun Sivasankaran
arun.sivasankaran@gbp.com.sg “Air travel has never been such a good deal for consumers. Not only
Contributors are fares staying low, the options for travelers are expanding. Some
Geoffrey Thomas 1,300 new direct links between cities were opened in 2018. And 250
million more journeys by air occurred in 2018 than in 2017,” says
Operations Director
Siva Sachi Alexandre de Juniac, IATA Director General and CEO. The industry
siva.sachi@gbp.com.sg body has forecast another year of overall profitability for the global
airline industry, which will help drive growth for the sector. This will be
Art Director
Miamica Khonglah aided by lower jet fuel prices, expected to average US$81.3/barrel in
maya.khonglah@gbp.com.sg 2019, as compared to the US$87.6/barrel average for 2018. The
entry into service of larger numbers of new more fuel-efficient aircraft,
Web Director
Elmer Valencia will allow also their airline operators to be more competitive vis-à-vis
elmer.valencia@gbp.com.sg rivals still flying older less fuel-efficient aircraft.
Circulation Manager
akshay.satyamurthy@gbp.com.sg The commercial aviation industry however, must quickly find a
Akshay Satyamurthy
solution to the scarcity of qualified personnel, which this has already
Advertising Contacts: begun to impact airlines, some of whom have been forced to cut back
on their flight schedules to pilot shortages. All in all, airlines will need
marketing@gbp.com.sg to adopt a carefully considered approach towards their affairs in
Europe & Americas and all 2019, if they are to enter the next decade in good health. I take this
other countries: opportunity, to wish all our readers a happy new year 2019 with safe
Global Communications sas skies and happy landings!
Tel: +39 049 723548
Ingrid@global-communications.it
Japan
Visionworks
Jerry.Suppan@gmail.com Editor
India+South East Asia Asian Airlines & Aerospace
Contact: Akshay Satyamurthy
Mob: +919980080246
akshay.satyamurthy@gbp.com.sg
th
27
YEAR Global Business Press Pte.Ltd.
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