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Key Decision Makers Exchange Their Concerns about The Global Aviation Industry at The 2nd Routes Leaders Forum

Posted 20/10/2008 - Viewed 5488 time(s)

Kuala Lumpur, 14 October 2008

Up to 300 senior aviation industry leaders gathered at the Kuala Lumpur Convention Centre in Kuala Lumpur, Malaysia yesterday to drive a spirited enquiry into the shape and direction of the global aviation industry - the high oil price was top of the agenda.

Chaired by Professor Rigas Doganis, Doganis & Associates, Non Executive Director of Hyderabad International Airport and easyJet, the forum was themed ‘Airlines & Airports - Towards a Common Vision' and saw influential panellists such as Willie Walsh, CEO of British Airways; Dato' Sri Idris Jala, Managing Director & CEO of Malaysia Airlines and Luis Sanchez Salmeron, Deputy CEO of BAA discuss the pressing issues currently affecting air transport. Topics included ‘Beyond Open Skies', ‘The Climate Crunch' and ‘The Next Big Thing'.

The impact of the global financial situation and high fuel prices were much discussed during the Forum. Panellists are of the opinion that the limitations placed on speculative hedging together with reduced geo-political risks may lead to lower fuel prices in the range of US$80.00 to US$100.00 per barrel in the future.

The Routes Leaders Forum was once again co-located with Routes, The 14th World Route Development Forum and the world's largest air transport gathering. Mike Howarth, Chairman of Routes, commented: "The Routes Leaders Forum is more than just a conference. It continues the ‘spirit' of Routes in its approach to networking and aims to provide an opportunity for the key influencers, from both airlines and airports to maintain a framework for sustainable and profitable growth despite the industry's current problems."

Event Director Karin Holden added: "It is crucial that the industry deals head on with all the issues we face, and the Forum offers the key decision makers the opportunity to exchange their concerns and tackle imminent problems."

The 3rd Routes Leaders Forum will take place on 14th-15th September in the New China International Exhibition Centre in Beijing. With over 500 delegates expected, the Forum will once again be held alongside Routes - The 15th World Route Development Forum hosted by Beijing Capital International Airport.