1.Airport Competition: Myth or the end of Regulation
10.30 to 12.00
Is the intensity of competition sufficient to constrain aeronautical pricing by airport operators? Are European airports therefore a normal industry so that only general competition law and not regulation is appropriate?
The debate will be started by two opposing statements from Harry Bush, Former CAA-UK Director and Mike Tretheway, InterVISTAS.
Main topics of the debate are:
Overlapping catchment areas
Airline choice and passenger choice of airports
12.00 to 13:30
Sponserd by Swiss Aerospace Cluster and Forum Luft- und Raumfahrt Baden-Württemberg
Thursday, Nov. 14.
A. Welcome Coffee
08.30 to 09.00
Welcome Coffee and conference registration
Sponserd by University of St. Gallen
B. Official opening and welcome
09.00 to 09.20
C. Keynote Session
09.20 to 10.00
D. Coffee Break
10.00 to 10:30
Sponserd by Swiss Re
2. Countervailing power of airlines and role of commercial revenues
13.30 to 15.00
Debate Part II
F. Coffee break
15.00 to 15:30
3. Risks in Aviation – inventory
15.30 to 16.45
Growing competition among airports has also increased risk insofar as airlines switch their base of operations from one airport to another or as airlines use slots inefficiently. Besides these internal risks, this session addresses major external risks. Over the last 15 years, risk in the aviation sector appears to have increased. With the financial meltdowns which began in 2008, the economic underpinning of aviation has changed. There are also new or intensified risks from terrorism (9/11, 7/7, 2010), from pandemics and natural disasters (SARS, tsunamis in Japan and Indonesia, hurricanes in New Orleans). These risks affect not only the demand for air travel, they also affect airport operations (e.g. Iceland volcano).
4. Risk in Aviation – managing the risks
16.45 to 18.00
How do airports, airlines and air navigation service providers manage the risk exposure they face? This session focuses on the strategic as well as the daily operational management in the air transport value chain.
H. Conference Dinner
Restaurant Schlössli, St. Gallen
Wednesday, Nov. 13.
Welcome reception at “Goldener Löwen” in the old town of St. Gallen.
Friday, Nov. 15.
I. Welcome Coffee
08:30 to 09:00
J. Review of Previous Day´s Proceedings
09.00 to 09:15
5. Martin Kunz Lecture
Friday, Nov. 15.: 09.15 to 10:00
Topics Discussed coming soon
6. Regulation of markets facing uncertainty
Friday, Nov. 15.: 10.00 to 11:30
The transport industry needs a well-managed infrastructure. By their nature these are long term investments which realise value only in certain situations. This is a challenge for markets as well for regulators. Who bears the risks- airlines or airports and who is best placed to do so? How big is the uncertainty about future passenger traffic levels at airports? How do regulators handle risk and investment? Generally, do the regulators get it right? Would contracts make a difference?
K. Welcome Coffee
11:30 to 12:00
7. Markets, Risks and State: What Policy Mix will work best?
Friday, Nov. 15.: 12.00 to 13.30
This section sums up the problems addressed in the previous sessions. It tries to bring out lessons on the general relationships, for instance between market and state. After the economic crises, the optimism regarding perfect markets has vanished but air transport is an industry which has often been mismanaged by the state. How can we improve imperfect markets and imperfect regulation in a world economy facing an uncertain future?
L. Closing of Conference