IATA announced 1st World Financial Symposium


The International Air Transport Association (IATA) announced the first World Financial Symposium (WFS) for the airline industry, which will be held in Abu Dhabi on 17-18 September 2014. More than 600 financial executives and specialists are expected to attend the event, which is hosted by Etihad Airways. Experts in revenue accounting, treasury, risk management, fraud prevention and other areas will exchange ideas to identify successful strategies for improved airline financial health.

“The World Financial Symposium  provides an excellent opportunity to bring together experts from inside and outside aviation to analyze the financial challenges that we confront as an industry”- said Tony Tyler, IATA’s Director General  and CEO. 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. 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: IATA