The oxymoron is a perfect way to describe the mood on stage at the seventh Airline Economics Growth Frontiers Dublin conference. Before the event opened, industry stalwarts expressed their hope that the speakers this year wouldn’t be too pessimistic about the industry. Their hopes were realised for the most part. The most optimistic presentations from day one of the conference came from Gerry Laderman, CFO of United, and Steven Udvar-Hazy, executive chairman of Air Lease Corporation. Laderman’s traced the evolution of the US airline industry from 1970s through deregulation, many airline restructurings, post 9/11 crisis period to revitalisation over the

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