Honolulu (Hawaii), Jan 21: V K Mathews, CMD, IBS Group, and Peter Krebs, COO, IBS Americas, attended the twelfth International Airline Symposium held from 17 to 19 January 2005 at Outrigger Waikiki, Honolulu. This was hosted by Ohio State University and co-hosted by Continental Airlines. Apart from airlines and airline-associated companies, the attendees of the symposium included many Fortune 500 companies such as Shell, Visa and Ford Motor Company. IBS had co-hosted the symposium last year, when it was held in Kochi, India.
Peter Krebs took an active role in the discussion on the topic 'Finding and Managing Business Innovation', for which he was a member on the panel. It was evident that IBS' focus on helping the airline community to simplify the business is well aligned with the direction the airlines are moving in. V K Mathews made a presentation on ‘Growing Revenues while Sustaining Costs’, which covered a detailed market analysis, airline business model analysis and talked about new technologies and new generation systems.
The OSU airline symposium is a forum for top airline executives to deliberate contemporary issues and challenges facing airline business management worldwide. 'An Evolving Business Model' was the theme of this year’s conference. The three-day meet had the delegates discussing topics that included the pendulum swing in the market place, increasing focus on price, how to respond to changing customer demand, whether the low cost model is the answer to success for airlines, finding and managing business innovation and finally what might happen next in the industry.
The next OSU airline symposium is scheduled to be held in Asia, early 2006.