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Vunerability of air travel and the meetings industry
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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.

Published in: Business

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  • 1. Vulnerability of Air Travel
    Ian Lee, PhD
    Carleton University
    Sprott School of Business
    Ottawa, Canada
  • 2. Fuel Costs as Share of Total Aviation Costs, 1971-2007
    Ian Lee, Ph.D, Carleton USprott School of Business
  • 3. Airline Bankruptcies, 2007-2009
    Ian Lee, Ph.D, Carleton USprott School of Business
  • 4. 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
  • 5. Carbon Footprint of Aviation
    Ian Lee, Ph.D, Carleton USprott School of Business
  • 6. 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
  • 7. Howwillthiseffectthemeetings and tourism industries?What can we do to mitigate therisks?

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