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Vunerability of air travel and the meetings industry
 

Vunerability of air travel and the meetings industry

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Delivered at the GMIC conference Dr Ian Lee's presentation about the vuneralbility of airtravel is a shocking reminder that meetings and travel industries will change in the future.

Delivered at the GMIC conference Dr Ian Lee's presentation about the vuneralbility of airtravel is a shocking reminder that meetings and travel industries will change in the future.

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    Vunerability of air travel and the meetings industry Vunerability of air travel and the meetings industry Presentation Transcript

    • Vulnerability of Air Travel
      Ian Lee, PhD
      Carleton University
      Sprott School of Business
      Ottawa, Canada
    • Fuel Costs as Share of Total Aviation Costs, 1971-2007
      Ian Lee, Ph.D, Carleton USprott School of Business
    • Airline Bankruptcies, 2007-2009
      Ian Lee, Ph.D, Carleton USprott School of Business
    • IATA Objective
      Fuel efficiency improvement by 2020: 2%
      1.5% efficiency improvement up to 2020
      2050 goal: 50% net carbon reduction
      But what is the net effect??
      Ian Lee, Ph.D, Carleton USprott School of Business
    • Carbon Footprint of Aviation
      Ian Lee, Ph.D, Carleton USprott School of Business
    • European Airlines in 2015
      2008$125/barrel
      British Airways LufthansaAF/KLM RyanaireasyJet Air BerlinIberia SASAlitalia AustrianFinnairAer LingusVirgin Atlantic BMI
      2015$100/barrel
      British AirwaysLufthansaAF/KLMRyanaireasyJetFinnairAer LingusVirgin Atlantic
      2015$200/barrel
      British AirwaysLufthansaAF/KLMRyanaireasyJet
      Ian Lee, Ph.D, Carleton USprott School of Business
    • Howwillthiseffectthemeetings and tourism industries?What can we do to mitigate therisks?