Bangkok--29 Sep--Asia Pacific Aviation
Centre for Asia Pacific Aviation today cautioned against India turning back the clock through increased regulation of the aviation sector. The industry needs to find its own equilibrium. Market exit and consolidation is the global norm, according to Peter Harbison, the Centre’s Executive Chairman.
“This is not a time for regulatory ‘fine tuning’. The adolescent market has become a young adult and needs to make its own market mistakes in order to flourish. Looking in the rear-view mirror is no solution for the future”, stated Mr Harbison.
Indian aviation’s growth potential is far from being achieved and increased regulation would threaten to prematurely curb its development. The timely message comes as LCC and full service airline CEOs are gathering for the Centre’s third annual India and Middle East LCC Symposium in Mumbai on 29/30 September 2006.
About Centre for Asia Pacific Aviation
The Centre for Asia Pacific Aviation ( www.centreforaviation.com ) was founded in 1990 and has since built an international reputation as the leading publisher of a range of analytical aviation management reports, and convenor of high-level strategic conferences focusing on emerging aviation markets. We partner with CAPA Consulting on strategic consulting assignments throughout Asia and the Middle East
Head Office, Sydney:
Derek Sadubin, General Manager
Aurora Place, Level 36, 88 Phillip St Sydney
PO Box N777, Grosvenor Place Sydney, NSW Australia 2000
Tel: +61 2 9241 3200 Fax: +61 2 9241 3400 Email: [email protected]
Southeast Asia Regional Office:
Alice Goh, Regional Director, Southeast Asia
Tel: +65 6227 1608 Fax: +65 6532 5643 Email: [email protected]
Indian Subcontinent and Middle East Office:
Kapil Kaul, CEO Indian Subcontinent & Middle East
Tel: +91-11-3090-1466 Fax: +91 11 2370 9154 Email: [email protected]
UK/Ireland Office:
David Bentley, Regional Manager, UK & Ireland
Tel/Fax: +44 (0) 1706 881 560 Email: [email protected]
More information is available on the Centre’s website
www.centreforaviation.com
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