Airline Economics Growth Frontiers Dublin 2016 update plus breaking news from Hong Kong – latest tax agreement signed.

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By TESTCustomwebLP TESTCustomwebLP April 1, 2015 19:48

Airline Economics Growth Frontiers Dublin 2016 update plus breaking news from Hong Kong – latest tax agreement signed.

Airline Economics Growth Frontiers Dublin 2016 tops 700 delegates as of 1st April 2015 five months before this target is traditionally met –
The event is set to become the largest event in Dublin in 2016 overtaking rivals within five years

Bigger event – better venues – better location – half the cost – Open Networking

The schedule is set / 152 speakers are booked / 191 airline staff booked / All major banks are booked / most major lessors are booked / Over 700 delegates are booked already.

The dates remain the same / The locations remain the same / The delegate price falls as an additional full day is added – We do not need to change our dates, locations, focus or title.

Our dates remain the same as they always have been save for an additional day added at no cost to the delegate: To that end I can confirm again that AE Dublin 2016 runs on the Sunday, Monday, Tuesday and now also the Wednesday of the 3rd week of January 2016 – 17th to 20th January 2016 as follows:

•    17th at 7pm – Reception at the Museum of Ireland
•    18th – 9am to 6pm – Conference at the Shelbourne Hotel
•    18th at 7pm – 5th Annual Aviation 100 Awards sponsored by KPMG & Orix Aviation at the Mansion House
•    19th – 9am to 6pm – conference at the Shelbourne Hotel
•    19th at 715pm – The ELFC sponsored 2nd Annual AirLink Gala Dinner – Shelbourne Hotel
•    20th – 9am to 6pm – Conference at the Shelbourne Hotel

All delegates have access to all three conference days and evening events (full conference schedule on each day) for £899.00 in all each or £1,299.00 for two if booked before 1st October 2015.

All delegates receive AE Events app access, video file access and image bank access as standard, as always. The 2016 event will also be CPD registered. Substitutes, name changes are permitted at no cost as always. Just contact me to book.

We will close off bookings at some point to prevent overcrowding at the Shelbourne so please do not leave booking to the last minute.

My thanks to all of our supporters for making this event what it is.
The full schedule for both AE Hong Kong 2015 and AE Dublin 2016 will be released in the coming weeks.

BREAKING NEWS: The latest Tax Agreement between Hong Kong and the Mainland was signed today (1 April 2015) by Professor K C Chan, Hong Kong’s Secretary for Financial Services and the Treasury with Mr Zhang Zhiyong, China’s Deputy Commissioner of the State Administration of Taxation.

Click here for more details.

Professor Chan said, “This will be conducive to the promotion of aerospace financing business in Hong Kong, and we will continue to explore other measures.”

Hereafter, the withholding taxes for aviation leasing are lowered from 7% to 5%.

Dewey Yee, a member of the Commission’s Working Group on Transportation and heads the Aerospace Finance Focus Group, says: “I am very encouraged by this effort and will certainly enhance Hong Kong’s competitiveness with other jurisdictions.  This is only the first exciting stage to the overall measures under review as we continue to press forward on the aerospace finance initiative at the Commission.”

Also in the news, Delta Air Lines and Grupo Aeromexico have filed an antitrust application with the US Department of Transportation for a new $1.5bn JV for flights between the Mexico and the USA. Delta and Aeromexico already have a code share in place from 1994. In 2011, Delta entered into an enhanced commercial agreement with Aeromexico, and in 2012, Delta purchased close to $65m worth of Grupo Aeromexico shares. So as the US/Mexico market continues to grow with many new competitors, is now the time for a full Delta/Aeromexico merger? The more airlines running the routes the more likely regulators are to allow such consolidation.

At the same time American Airlines Group shares were hit on the back of declining PRASM. As we reported here some weeks ago, the decline in PRASM might well continue through this quarter but it is by no means a certainty given the storms over the winter period that harmed figures. All the same American return on equity continues to significantly exceed that of both the industry average and the S&P 500.

Revenue growth remains higher than the industry average of 22.4% at 38.5%. Net operating cash flow has significantly increased by 171.27% to $804.00 million year on year for 1Q-15. The worry for investors remains the debt-to-equity ratio which is at 8.86 – Higher than the industry average. All eyes are on AAL for the next quarter.

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By TESTCustomwebLP TESTCustomwebLP April 1, 2015 19:48