Tony Tyler at the Aviation Club

CATHAY PACIFIC AIRWAYS Chief Executive Tony Tyler was the guest of honour at London’s Aviation Club last week.  In a robust speech he remained “cautious” about the prospects of the aviation industry seeing any sustained pick-up in the near future.  Acknowledging the fact that Cathay Pacific and other airlines have seen stabilization in the summer months of this year, Mr Tyler questioned whether this was seasonal or structural.  “This is traditionally a good time for us on both the premium passenger and freight fronts.  And we are seeing that this year,” he said.  “But whether it heralds a return to greener pastures remains to be seen.  We’ll have a better idea by the end of the year”.  In a far ranging speech he noted that China would have 45 new airports in the next two years and upgrade 40.  He wants a third runway for Chep Lap, said that the days were gone when manufacturers could charge $385 for toilet role holders available for $55 elsewhere and would not be drawn on 787 or A380, neither of which Cathay have on order. www.cathaypacific.com

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