China’s largest travel organization, Ctrip, which has revenues of over $3 billion annually, has just announced a major investment in Boom Supersonic, which will be rolling out a new-generation, 2.2 Mach airliner within the next six years.
According to Boyd Group International’s forecasts, the new airliner will be an imperative for all major intercontinental carriers, and will result in fundamental shifts in long-term fleet acquisition, in airport facility planning, and in global air access development, including for secondary US airports.
Major Planning Disruption For International Carriers. The Boom plane will carry up to 55 business class passengers in half the time of current airliners, and at similar fares to those charged today. This will render international business products now offered on current airliners to be completely non-competitive and obsolete.
Since the "front cabin" today generates the major revenue stream on international routes, the ramifications are stark and inescapable for most airlines. Premium-fare passengers will opt for service that cuts time in half. Airlines that operate the Boom airliner will have the advantage.
High Potential: New International Access For Secondary US Airports. This latest investment from China’s Ctrip, following support from global leaders such as Japan Airlines, Virgin Atlantic, and a host of major aviation suppliers, underscores the veracity of Boom Supersonic’s concept.
At the 23rd International Aviation Forecast Summit, to be held August 19-21 in Denver, Boyd Group International will be exploring the effects the Boom Supersonic airliner will have on the industry.
We will candidly outline how airlines will need to reconsider fleet planning... how airports will need to adjust... and where this aircraft will represent new international opportunities for smaller and secondary airports.
Now that it will be literally a completely separate product segment, it’s logical that international business class service can be supported from vibrant commercial centers such as Jacksonville, Norfolk, Albany, Manchester, Sacramento, Savannah and many more airports, skipping major gateways entirely.
Just One Part of The Galaxy of Forecast Issues At The Summit. This is just one of the cutting-edge aviation issues to be covered at the Summit. CEOs and senior executives from over a dozen domestic and global carriers will be there for one-on-one discussions of the future.
Plus, the Summit will deliver a range of forecasts of traffic and strategic trends that will give attendees the competitive edge in future planning.
Get A Lead On The Future. The IAFS is the event that was first to deliver predictions such as expansion of international service at large non-hubsite airport. The Summit was the first to forecast the decline in demand and utility of small "regional" jets. Our attendees were advised ten years ago that FAA’s promised ATC improvements were not in the pipeline. The Airports:USA® session year after year has outlined enplanement trends far more accurately than FAA projections.
In short, the International Aviation Forecast Summit is the one event that delivers solid data and clear perspectives of the future, plus unrivaled networking opportunities.
Click here for more information, and to register to join aviation leaders in Denver, August 19-21.
