Organizations To Participate In An Online Panel Discussion To
As air travel in Europe moves slowly back to something
resembling normal, the European ash crisis continues to impact
airlines, passengers and cargo around the world. An interactive,
online discussion will be held at 1500 BST Friday, April 23, to
address the situation, examine what happened, and identify what
needs to be done next.
A panel of key stakeholders from the aviation sector will
discuss the crisis from an insider's perspective. The virtual event
format will also allow the aviation community to pose their
questions to the experts directly.
The speaker line-up includes Bo Redeborn, director of
cooperative network design at Eurocontrol, David Stewart, partner
at AeroStrategy, and Justin Zatouroff, head of transport
restructuring at the auditing firm KPMG.
"The high fixed cost nature of the airline industry means that
significant decreases in revenue, as experienced by carriers in the
last week, have an immediate impact on financial viability,
especially cash flow," said Dr Ashley Steel, Global Chair for
Transport and Infrastructure at KPMG. Carriers should recast their
cash flow forecasting and contingency planning. Discussions with
key suppliers and financial stakeholders will also be
"This event is another reason why national airlines should be
allowed to merge cross border. A truly global airline with a global
footprint would be better positioned to absorb the revenue impact
of a regional nature, because the revenue impact is spread across a
wider cost base," he continued.
The one-hour event is free to attend and is accessible online.
Participants will hear a number of speakers present their views
which will then be discussed, during which time participants will
be able to submit questions.