The annual AAPA Assembly of Presidents is the major event on the AAPA calendar which sees the chief executives of member airlines and other senior members of industry stakeholders gathered together for a day of networking, brainstorming on industry issues, and high-level discussions. Commenting on the outlook, AAPA Director General Mr Andrew Herdman said, “Asian economies have recovered from the global recession at a rapid pace and this has resulted in a tremendous boost to carriers across the region.” At this 54th Assembly of Presidents at Empire Hotel and Country Club, it’s a congregation of all Asia Pacific airlines Presidents/CEO, industry partners, manufacturers, local and international media all in one room!
A dramatic recovery in global trade this year has seen air cargo rebounding with 30% growth, whilst passenger traffic is up almost 15%. The rapid return of business confidence has also resulted in strong demand for premium class seats, a sector in which passenger service focused Asian carriers have traditionally excelled. The broad based recovery and improving mix of business coupled with disciplined capacity and yield management has seen Asian airlines leading the industry in returning to profitability. — AAPA
Brunei’s key mission is to promote trade and tourism growth in this region, and a key element in this strategy is the continuous development of strong, reliable and effective transport links. Air transport is a crucial element of our regional infrastructure plan, and I am delighted that such an influential industry organisation as the Association of Asia Pacific Airlines has chosen Brunei for this very important gathering, and at this very important time. — Guest of Honour YM Dato Paduka Awang Haji Bahrin Bin Abdullah, Deputy Minister of Finance.
Association of Asia Pacific Airlines (AAPA)
The AAPA is the trade association for scheduled international airlines based in the Asia-Pacific region. The APPA permanent secretariat is headquartered in Kuala Lumpur, Malaysia with international representation in Brussels and Washington, D.C. Collectively, the region’s airlines carry 520 million passengers and 10 million tonnes of cargo, representing one-quarter of global passenger traffic and two-fifths of global air cargo traffic respectively, and thus play a critically important role in the ongoing development of global aviation.