201 - Candace McGraw, CEO, Cincinnati/Northern Kentucky International Airport (CVG)
Aug 23, 2023
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Candace McGraw, CEO of Cincinnati/Northern Kentucky International Airport (CVG), discusses the transformation of CVG from a Delta hub to a diversified airport. They also talk about the launch of a new government-run airline in Mexico and the potential shortage of aviation maintenance technicians. Candace shares travel tips and emphasizes the importance of not checking a bag.
Cincinnati/Northern Kentucky International Airport successfully transformed from a Delta hub to a thriving regional airport and cargo hub through diversification and attracting low-cost carriers.
Regional airports face challenges such as workforce shortage and unfunded regulatory mandates, highlighting the need for a talented workforce and resource allocation to ensure sustainable growth.
Deep dives
The Transformation of Cincinnati Northern Kentucky International Airport
Candace McGraw, the CEO of Cincinnati Northern Kentucky International Airport, discusses the transformation of the airport from a Delta hub to a thriving regional airport and cargo hub. The airport focused on diversifying its carrier base, attracting low-cost carriers, and supporting DHL's growth. With a 7,700-acre campus, the airport developed aviation and non-aviation facilities, ensuring a strong financial position. The community has embraced the variety of services and enjoyed lower airfare prices.
Challenges and Future of Regional Airports
Candace McGraw highlights the challenges faced by regional airports, including the workforce shortage and unfunded regulatory mandates. She emphasizes the need for talented workforce and resource allocation. Additionally, she discusses the future of air travel, which includes advanced air mobility and a focus on green and sustainable practices.
Diversifying Management in the Industry
Candace McGraw acknowledges the need for greater diversity and inclusion in the industry, particularly in leadership positions, and discusses efforts to attract and retain more women. She mentions the importance of providing role models, changing language to be more inclusive, and addressing work-life balance issues.
Prioritizing Business during Mergers and Acquisitions
The challenges faced by airlines during mergers and acquisitions are discussed, with a focus on the potential loss of focus on the standalone operation. While the management may be occupied with finalizing the merger, it is crucial to maintain operational improvements and communicate a clear vision for the standalone carrier. Adequate attention should be given to the existing operation to ensure its viability, regardless of the outcome of the merger.
This week: Candace McGraw, CEO, Cincinnati/Northern Kentucky International Airport (CVG); Mexico's new government owned & army operated airline ready for takeoff; Delta $20k pilot training incentive; "Pibot" - the humanoid robot that can fly an airplane; Listener Q's: A shortage of maintenance technicians?, Ben & Scott address a Spirit pilot's concern about management focus in time of potential merger.
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