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Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado

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Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado Public Announcement The U.S. Department of Transportation (DOT), Office of the Secretary of Transportation, informed the public of this Future of Aviation Advisory Committee (FAAC) Subcommittee on Competitiveness and Viability meeting in a Federal Register notice published September 30, 2010 (75 FR 60492). Subcommittee Members in Attendance Name Affiliation(s) Glenn Tilton, Chairman, President, and UAL Corporation (UAL) Subcommittee Chair Chief Executive Officer Susan Baer Director, Aviation Department Port Authority of New York & New Jersey (PANY/NJ) Severin Borenstein Professor Haas School of Business, University of California, Berkeley Patricia Friend International President Association of Flight Attendants (AFA) Communication Workers of America, American Federation of Labor–Congress of Industrial Organizations Ana McAhron-Schulz Director, Economic and Air Line Pilots Association, Financial Analysis International (ALPA) William McGee Travel and Aviation Consultant Consumers Union Daniel McKenzie U.S. Airlines Research Analyst Hudson Securities, Inc. Jack Pelton Chairman, President, and Chief Cessna Aircraft Company Executive Officer (Cessna) Frank Quinn,1 alternate Williams Capital Group for Chris Williams Committee Members Not in Attendance Name Affiliation(s) Bryan Bedford Chairman, President, and Chief Republic Airways Holding, Inc. Executive Officer 1 By Phone 1 Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado Other Officials Present Name Affiliation(s) Susan Kurland, Assistant Secretary for Aviation DOT FAAC Committee and International Affairs Chair Todd Homan, Director, Office of DOT Designated Aviation Analysis Federal Official (DFO) Other Persons Present Name Affiliation(s) Mark Anderson Vice President, United Air Lines, Inc. (United) Government Affairs Aleta Best Transportation Industry Analyst DOT Bill Bottoms Executive Vice President Team SAI Inc. Chris Brown Senior Advisor United Mary Buckley Director, Government and Denver International Airport Community Affairs Patty Clark Senior Advisor to the PANY/NJ Aviation Director Ashleigh de la Torre Director, Government Affairs Bombardier Paul Feldman Vice President for General Aviation Manufacturers Government Affairs Association Neil Modzelewski Director, Regulatory Affairs PAI Consulting Robert Peterson Technical Fellow, Air The Boeing Corporation (Boeing) Transportation Industry Infrastructure Research, Aviation Security Lisa Piccione Senior Vice President, National Business Aviation Government Affairs Association Kristi Warden Program Manager Federal Aviation Administration (FAA) Stephen Welman Principal Economics and The MITRE Corporation Business Analyst Jeffrey Wharff Senior Economic Advisor FAA 2 Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado BACKGROUND AND WELCOMING REMARKS Mr. Glenn Tilton, Subcommittee Chair, UAL, welcomed the participants. He stated that work had progressed satisfactorily since the subcommittee’s previous meeting. Mr. Tilton also noted Dr. Severin Borenstein, University of California–Berkeley, had requested time on the agenda to address the subcommittee. He suggested Dr. Borenstein speak following a presentation by Mr. Bob Peterson, Boeing. Mr. Tilton then turned the meeting over to Ms. Susan Kurland, DOT, and Mr. Todd Homan, DOT, subcommittee DFO. DOT REMARKS ON FAAC PROCEDURES Ms. Kurland noted that the fourth meeting of the full FAAC was scheduled for the following week. She reviewed charge given to the full FAAC by Secretary of Transportation Raymond LaHood at the first meeting of the FAAC. Ms. Kurland stated that Secretary LaHood had convened the FAAC to obtain the advice and recommendations of its 18 expert members and had presented them with powerful options. She reiterated that he had requested actionable, concrete recommendations, and she thanked the FAAC members for demonstrating cooperation and compromise necessary to development of meaningful recommendations. Mr. Homan read the formal statement required under the Federal Advisory Committee Act. He noted that, although the meeting was open to the public, participation in the meeting was limited to subcommittee members, their alternates, and Federal officials. Mr. Homan added that only subcommittee members and their alternates were entitled to vote on subcommittee business. He stated that interested people have the opportunity to submit comments before each meeting, either by email at [email protected] or by submission to the regulatory docket at http://www.regulations.gov (Docket No. DOT–OST–2010–0074). He noted that the meeting minutes will be made available both in the regulatory docket and on the FAAC Web site at http://www.dot.gov/faac. Mr. Homan stated that corrections to the draft minutes of the August 4, 2010, meeting of the subcommittee had been received, and the corrected minutes had been circulated, ratified, and certified. He noted that draft minutes of the August 24, 2010, meeting had been circulated to the subcommittee members and requested that any comments or corrections be submitted by close of business, Friday, October 22, 2010. Mr. Homan added that a revised draft of the minutes would be circulated by close of business, October 27, 2010, and, barring any further comment, would be ratified and certified on November 3, 2010. DISCUSSION Liberalization of Air Traffic Markets Mr. Tilton introduced Mr. Peterson, who offered a presentation to the subcommittee on open skies and the significance of capacity in the air carrier industry. Mr. Peterson noted that his 3 Future of Aviation Advisory Committee Subcommittee on Competitiveness and Viability Record of Meeting October 15, 2010 Denver International Airport Denver, Colorado data and conclusions were developed based on studies conducted by the Massachusetts Institute of Technology (MIT) and InterVISTAS, and Boeing’s own monitoring of markets. Mr. Peterson first addressed the topic of open skies. He noted that a 2008 study by the World Trade Organization indicated that, as the level of liberalization of air traffic markets increased from the 25th percentile to the 75th percentile, there was a corresponding 30 percent increase in air traffic. Mr. Peterson posited that this increase in air traffic resulted not from new demand, but from the removal of impediments to existing demand. Mr. Peterson offered a brief synopsis of the level of liberalization present in various markets. He noted that the United States has now entered into ―open skies‖ aviation relationships with 99 other countries. Mr. Peterson presented charts and tables which indicated the current worldwide level of liberalization in various air traffic markets. He noted that the agreements entered into by the United States are among the most open in the world. Mr. Peterson also stated that the openness of agreements tends to be a function of geopolitical factors rather than of market forces; there is no significant correlation between traffic volume and level of liberalization. Mr. Peterson next addressed arguments in support of and in opposition to liberalization. He stated that, historically, the basis of air service agreements has been the 1944 Chicago Convention. At that time, Mr. Peterson noted, the majority of air service worldwide was provided by U.S. air carriers. He stated that safety and other considerations tended to discourage open markets. Mr. Peterson added that safety and security considerations continue to provide a rationale for keeping markets closed. He stated that mitigating forces, such as the International Civil Aviation Organization standards, have diminished the significance of such considerations with respect to openness of markets. Mr. Peterson next examined the beneficial impacts of opening air traffic markets. Although markets with relaxed restrictions generally experience an increase in air traffic volume, he noted that this increase is not a direct result of liberalization; rather, it is the result of increased economic activity resulting from liberalization. Mr. Peterson noted that the economic impact from market liberalization differs significantly between mature markets, such as those in the United States and Europe, and markets in other parts of the world. He stated that the change in air traffic volume experienced following liberalization differs widely. Mr. Peterson presented findings from a case study of the United States–United Kingdom market, which he asserted supported the proposition that civil aviation positively affects economic conditions. He stated that, following a 1995 agreement between the United States and the United Kingdom, both nations saw job growth, an increase in gross domestic product (GDP), and corresponding increases in air traffic. Of particular note was increased air traffic between 2006 and 2008, despite a general economic downturn. Mr. Peterson also discussed the results of the MIT study. He stated that this study indicated the results of market liberalization are not uniformly positive, and he noted some countries have experienced decreasing air traffic and service volumes following liberalization of markets. Mr. Peterson suggested that one explanation for such decreases is that markets providing substitute
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