SESSION TWO: AIRPORT COMPETITION DYNAMICS
PART ONE – THEORY (PANEL DISCUSSION)
Airports need to attract both airlines and passengers. Traditional views of airport competition focused on local catchment areas. But today, in an aviation industry that is consolidating to a few airlines that can quickly re-deploy their aircraft to more profitable routes, airports have to compete for airline services on a pan-European basis. As a result, airports are constrained by the buyer power of their customers. Airports do not have thousands of individual customers, but only a dozen or so buyers with significant influence. Further, large hub airports are under pressure from the ‘super connector’ airlines’ hubs in the Gulf as well as hub-bypass. The need to maintain transfer passenger volume is strong driver of charges reductions.
Chair: Michael Stanton-Geddes, Economics Manager, ACI EUROPE
Harry Bush, Director, H2B2 Ltd
Andrea Camanzi, President, Italian Transport Regulation Authority
Henrich Morch, DG Competition – EC *
Andrew Meaney, Partner, Oxera Consulting LLP
Martin Thelle, Partner, Managing Director, Copenhagen Economics
PART TWO – CASE STUDIES (PRESENTATIONS)
What have airports done to ‘win’ new routes? How do airports demonstrate their potential to airlines to gain new air services? What product does an airport need to focus on? How can development of surface connections help an airport compete more broadly? And how will self-connections change airport competition?
Chair: Lars Jønstrup Dollerup, Chief Financial Officer, Copenhagen Airport
Warren Mundy, Chief Economist, Australian Airports Association
Kim Stangeby, Chief Strategy Officer, Greater Toronto Airports Authority