News
When it comes to aircraft, how many is too many?
March 16, 2009 – Over-capacity of aircraft, order deferrals and hand-backs are going to become more common place as 2009 plays out.
March 16, 2009 By International Bureau of Aviation
Over-capacity of aircraft, order deferrals and hand-backs are going to become more common place as 2009 plays out. But what can airlines do if they have too many aircraft on order or in their existing fleet? This is a key issue that Owen Geach, Commercial Director at leading aviation consultancy IBA, will be considering at the 4th Annual India and South Asia Airfinance Conference this week.
The event takes place on the 12th and 13th March at the Lalit New Delhi, India. Owen Geach will speak on the second day of the event, taking part in an expert panel considering what airlines can do when they have excess capacity. Owen comments "This is a highly topical issue at the moment with some airlines already in difficult situations and others planning for the possibility of having to deal with this issue in the future. These are extraordinary times and airlines must be prepared for what lies ahead if they hope to ride out the current storm." With attendance forecast to exceed 120 delegates from all over the world, it is clear that the industry
has a vested interest in this matter.
We invite you to contact Owen if you would like to discuss his views on airline over-capacity, arrange an interview with him, or gain topical industry comment and expert opinion on the global aviation industry. Please contact Owen Geach on owen.geach@ibagroup.com or Jennie Tewson on +44 (0) 1403 218588 or jennie@inter-relations.co.uk.
