Arabian Travel Market (ATM) has confirmed aviation industry veteran Sir Tim Clark, President of Emirates Airlines, and Jozsef Varadi, CEO of Wizz Air will speak at the inaugural ATM Virtual, which takes place from June 1-3, 2020. According to the latest analysis from the International Air Travel Association (IATA), the COVID-19 crisis will see global airline passenger revenues drop by US$314 billion in 2020, a 55 per cent decrease compared to 2019. In a series of seminars and interviews led by respected aviation expert John Strickland, Director of JLS Consulting, ATM Virtual will look at the measures airlines are undertaking to counteract the direct impact the pandemic is having on their business.
A major discussion point during the event will be the opening of Wizz Air’s forthcoming subsidiary in Abu Dhabi, in partnership with Abu Dhabi Developmental Holding Company, which will further underscore its market position in the budget airline sector.
Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “The airline industry continues to face deteriorating conditions with global airline passenger revenues predicted to fall by over 55 per cent in 2020. To address these issues, we have brought together two of the most influential figures in the airline industry to discuss their procedures and strategies for the future.”