Balancing Sustainability Demands in the Aviation Industry

NDC is transforming retail in the travel industry. Discover the next frontier on the horizon: an end-to-end retailing ecosystem.Price and schedule: airline retailing has traditionally revolved around these two points. Consumers increasingly expect tailored experiences in all aspects of their lives – including in their travel options. That’s why personalization is a ‘must have’ for successful airline retailing.

Tom Alston and Aero and Marine Tax Professionals host a webinar with Mr. Nate Pietila of Aero Law Group. They discus the challenges and strategies for successfully and cost effectively closing an aircraft purchase.

This webinar identified primary risks associated with common contracts used by airports of all sizes, including construction, concession, ground transportation, professional services, repair/maintenance, vendor/purchasing, software/IT agreements, and airline signatory agreements. The presenters discussed methods to address, shift, or allocate associated risks using contractual provisions. This webinar also provided an overview of issues related to labor-harmony or labor-peace agreements. Airports have a diverse labor force and are increasingly being asked to become involved in matters that historically were reserved for private employers to address with their own employees. These matters include setting minimum wage rates, establishing safety/training baselines, and requiring “labor-harmony” or “labor-peace” agreements at the subject airports.

The airline industry was one of the first industries to adopt technology, long even before the banking sector. This early adoption of technology has become a major roadblock, and today we are not only seeing airlines unable to transform but at times even unable to think innovation.