ID :
186015
Thu, 06/02/2011 - 09:16
Auther :

AVIATION LEADERS TO GATHER IN SINGAPORE


KUALA LUMPUR, June 2 (Bernama) -- The International Air Transport
Association's (IATA) 67th Annual General Meeting (AGM) and World Air Transport
Summit will be held in Singapore from June 5-7.

It will bring together 700 leaders of the US$600 billion global aviation
industry for intense discussions on its most important issues.

The IATA AGM and the Summit will be opened by the Singapore Deputy Prime
Minister, Tharman Shanmugaratnam.

IATA's Director General and Chief executive Officer Giovanni Bisignani said
after a record-breaking profit last year, 2011 opened with a series of crises
and unprecedented shocks, even for aviation.

"This year’s AGM promises to be particularly eventful. Rising oil prices,
political unrest, natural disasters, human tragedies and even another volcano
eruption, have all challenged this industry. We will have lots to discuss in
Singapore," he added.

Among the AGM highlights is the release of a new industry financial
outlook and Vision 2050, which seeks to identify the drivers of aviation's
success by looking ahead four decades.

A weekend retreat with 35 strategic thinkers in Singapore earlier this year,
challenged and refined the vision.


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