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September 2022, Virtual
September 29 2022, Virtual
Airlines in 2050 will operate with almost no delays in globally united skies, according to IATA's CEO Giovanni Bisignani.
He outlined his views on the future of the aviation industry, dubbed Vision 2050, at IATA's AGM in Berlin.
"We will be very near to zero accidents. We will emit half the carbon. We will have eliminated queues with integrated systems ensuring security as we process morepassengers," said Bisignani.
"We will operate with amost no delays in globally united skies."
Bisignani also predicted major consolidation in the aviation industry, to the extent that there would be a "a dozen global brands supported by regional and niche players".
IATA's vision of a profitable industry worth $1 trillion is based on key areas of change, including how airlines are run.
"Efficiency gains never make it to the bottom line because airlines are deprived of the commercial freedom to operate their businesses like a normal business. Our poor profitability makes every shock a fight for survival," said Bisignani.
He also called for improvements in infrastructure, including how airports are run and the implementation of the single European sky: "Heads of governments should set a date and deliver," he said.
"Airports should compete for airline business based on efficiency. Commercial revenues will drive their business. I can see airports paying airlines to bring shoppers and airport revenues funding the air traffic management system," said Bisignani.