Arab Today, arab today first world financial symposium set for abu dhabi
Last Updated : GMT 09:22:01
Arab Today, arab today
Arab Today, arab today

More than 600 specialists expected to attend event

First World Financial Symposium set for Abu Dhabi

Arab Today, arab today

Arab Today, arab today First World Financial Symposium set for Abu Dhabi

General view of Abu Dhabi city
Abu Dhabi - Arab Today

Abu Dhabi will host the first World Financial Symposium (WFS) for the airline industry on 17-18 September 2014.
More than 600 financial executives and specialists are expected to attend the event, which is hosted by Etihad Airways, a statement from the International Air Transport Association (IATA) announced yesterday.
During the symposium experts in revenue accounting, treasury, risk management, fraud prevention and other areas will exchange ideas to identify successful strategies for improved airline financial health.
"Aviation has a global economic impact of US$2.4 trillion and transports 35% of goods traded by value around US$6.8 trillion this year. And consumers spend 1% of global GDP on air transport. But there is a mismatch between the value that the industry contributes to global economies and the rewards that it generates for those who risk their capital to finance the industry. This year we anticipate that the average return on invested capital will reach 5.4%. This is an improvement over prior years and reflects successful consolidation and restructuring. But investor returns are around US$15 billion less than would be expected for an industry such as commercial air transport," said Tony Tyler, IATA's Director General and CEO.
"The World Financial Symposium provides an excellent opportunity to bring together experts from inside and outside aviation to analyse the financial challenges that we confront as an industry," he added Under the theme "Supporting Sustained Financial Health," the WFS will feature a keynote address by John Luth, Chairman and CEO of Seabury Group. Mr. Luth also will participate in the leadership panel with other top industry financial experts, including: Christoph Mueller, CEO, Aer Lingus Group; James Hogan, President and CEO, Etihad Airways and Peter Davies, Senior Partnerand Co-Head of Developed Markets Strategy, Lansdowne Partners.
Another highlight is the CFO Summit, which is open to senior financial executives from airlines, business partners and key suppliers.
Other topics to be discussed at WFS include: transforming revenue accounting; managing risk in a changing world; payment methods and fraud prevention, and building a world class treasury.
Source: WAM

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today first world financial symposium set for abu dhabi Arab Today, arab today first world financial symposium set for abu dhabi

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today first world financial symposium set for abu dhabi Arab Today, arab today first world financial symposium set for abu dhabi

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday