Middle Eastern Airline CEOs Flock to World Routes

MANCHESTER, England, Aug. 5, 2014 /PRNewswire/ —

CEOs of Emirates Airlines, Qatar Airways & Etihad Airways confirm participation at World Routes Strategy Summit 

The World Routes Strategy Summit, taking place at World Routes in Chicago, 20-23 September 2014, will see speakers from all three major Middle East airlines, as well as many other senior airline leaders. Middle East speakers include Akbar Al Baker, CEO of Qatar Airways; James Hogan, CEO of Etihad Airways and Sir Tim Clark, President & CEO of Emirates.

Mr Hogan will give a keynote address; Mr Al Baker will take part in a panel discussion on Critical Issues in Air Transport Today whilst Sir Tim Clark will be interviewed one-to-one during the Summit. In addition, major airline speakers at the event will include Scott Kirby, President of American Airlines, Jim Compton, Vice Chairman of United Airlines, Vitaly Savelyev, CEO of Aeroflot and Tewolde Gebremariam, CEO of Ethiopian Airlines.

Occurring on Sunday 21st and Monday 22nd September, the World Routes Strategy Summit is open to all attending World Routes delegates and will open the 20th World Route Development Forum in Chicago, Illinois, USA co-hosted by the City of Chicago Department of Aviation (CDA) and Choose Chicago, the city’s tourism organisation.

“World Routes is where the industry meets, and where critical issues in aviation, travel and tourism are debated to advance the industry. We have a great set of executive speakers this year in Chicago,” said Mike Miller, Head of Content and Industry Relations for Routes.

The Strategy Summit is the only forum where senior leaders and key stakeholders from aviation, tourism authorities and governments come together to participate in discussions that will set the commercial and political agenda for the industry. The event will bring these industry thought leaders under one roof to participate in a number of discussions covering topics affecting the industry today such as route development, infrastructure, airport processing and security, sustainability and how new aircraft will alter route planning.

The 20th anniversary World Routes event will be held at Chicago’s McCormick Place, the largest convention facility in the Western Hemisphere.  With the most diverse economy in the United States, and home to several of the aviation industry’s leading companies, Chicago makes the perfect home for the 20th World Route Development Forum.

For more information and to register for World Routes in Chicago visit http://www.routesonline.com

Notes to Editors 

About Routes 

  • Routes organises world-renowned airline and airport networking events through its regional and global Route Development Forums. Each year, there is one global event and one regional event in Asia, Africa, Europe, the Americas and CIS respectively. http://www.routesonline.com
  • Routes was founded in 1995 as part of the Manchester UK‐based ASM Ltd., a consultancy specialising in the field of route development for airports. http://www.asm-global.com. Routes and ASM are part of the UBM Live division of UBM plc.
  • UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets.  Through premiere brands such as MD&M, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show, the Routes portfolio of events, Airport Cities and many others, UBM Live exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors. http://www.ubmlive.com

Follow us on twitter: @Routesonline, @TheHUBRoutes, @VictoriaRoutes, @NLPROU, @airlineroute

About UBM plc 

  • UBM plc is a global events-led marketing services and communications company.  We help businesses do business, bringing the world’s buyers and sellers together at events and online, as well as producing and distributing news and specialist content.  Our 5,500 staff in more than 30 countries are organised into expert teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.
  • For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news; follow @UBM for news from all UBM’s businesses; follow @UBM for a flavour of UBM from selected members of UBM’s Twitterati.

REVISED — Frost & Sullivan: Rise in Natural Gas Availability to Help Gas Turbines Edge Ahead of Steam Turbines

LONDON, Aug. 5, 2014 /PRNewswire/ — The global gas turbine market has been on the upswing due to the rising replacement of ageing coal plants with modern gas-fired power stations as well as the growing availability and usage of natural gas in power generation. Market participants are also feeling optimistic due to the expansion of the global oil and gas industry, and the need for more flexible generating assets, owing to greater renewable energy generation.

Similarly, the global steam turbine market is experiencing a surge in demand due to the large coal-fired capacity additions in emerging markets such as China and India. Furthermore, the increase in the number of combined-cycle gas turbines (CCGT) plants, expansion of nuclear power, and upgrading of coal plants with supercritical and ultra-supercritical technology have all opened up the market for steam turbines.

New analysis from Frost & Sullivan, Global Gas and Steam Turbine Markets, finds that the market earned revenues of $32.51 billion in 2013 and estimates this to reach $43.49 billion in 2020.

“Although the current profitability of gas-fired generation is low in regions such as Europe, gas turbines will be the technology of choice for future capacity additions,” said Frost & Sullivan Industry Director Harald Thaler. “Gas turbines will also benefit from increasingly stringent emissions legislation and roll out of emissions trading schemes in emerging markets, as they curtail the growth of steam turbines.”

The rapid expansion of renewable energy has created uncertainties regarding the future of carbon markets, which, in turn, has affected the outlook for conventional generation. In this scenario, gas turbine manufacturers are focusing on the small- and medium-sized gas turbine output ranges to leverage the high demand for flexible generating units.

Likewise, small- and medium-sized steam turbine output ranges are forecast to outstrip the larger ranges due to a higher number of industrial applications, especially in the expanding oil and gas industry. Smaller units are also expected to have better financing prospects.

“The steam turbine market is expected to experience significant consolidation over the decade because of the presence of a large number of manufacturers and the growing internationalisation of Chinese OEMs,” noted Thaler. “Comparatively, the gas turbine market will see limited acquisition activity beyond the recent GE-Alstom merger.”

China is expected to become the leading gas turbine region as the position of the Middle East, hitherto the undisputed leader, declines gradually. China is aggressively promoting gas turbine plants in a bid to reduce dependence on coal plants and promote fuel diversification.

With regards to steam turbines, while China’s share of this market is forecast to decline over time — albeit remaining in a dominant position — India’s share will expand upon resolving coal shortage issues. Southeast Asia will also grow strongly as it looks to coal to reduce gas dependence. The European market, on the other hand, will remain weak amid uncertainty over future power demand growth and financially troubled utilities.

If you are interested in more information on this study, please send an email to Chiara Carella, Corporate Communications, at chiara.carella@frost.com.

Global Gas and Steam Turbine Markets is part of the Energy & Power (http://www.energy.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Procurement Best Practices of Power Generation Utilities, Global Gas Gen-Sets Market, Global Hybrid Power Systems Market, Global Solar Power Market, Power Infrastructure Tracker in East Africa, and 2014 Asia Pacific Power Generation and T&D Market Outlook. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

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Global Gas and Steam Turbine Markets
M96C-14

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

http://www.frost.com