The resistance of Asian nations to aviation liberalisation is being broken down by economic and commercial imperatives. Consequently, the prospects for regional take-up of the Low Cost Airline (LCA) phenomenon we identified in 2002 were well on the way to being fulfilled in 2003. This is reflected in a starburst of investment initiatives in existing, new and planned airlines. This report reviews progress on the evolution of LCAs globally and, in more detail, within the Asia Pacific Region.
Research and Markets (http://www.researchandmarkets.com/reports/c9583) has announced the addition of Low Cost Airlines in the Asia Pacific Region: A Force for Change to their offering.
It highlights emerging variants of the model as it evolves within Asia. And, it seeks to draw out some of the key issues and lessons for investors and suppliers in the sector. The report also considers the sorts of impacts the proliferation of LCAs may have on countries and economies, and explores the huge potential for their expansion. It demonstrates this by describing market potential around prospective LCA airports within the region, and how LCA services might evolve from them. The report concludes by considering how airports, as key elements of aviation infrastructure, may have to reassess their positioning and principles in response to the opportunity – and threat – that this new force with it, and what governments can do to ensure that they benefit from expansion of LCAs.
The following Companies are mentioned in this report:
AirAsia, Thai AirAsia, Valuair, Athena Air Services, Virgin Blue, Pacific Blue, The Fair Inc, Skynet Asia Airways, Skymark Airlines, Air Do, Air Deccan, Air One, Lion Air, One-Two-Go, Cebu Pacific, Jetstar, Tiger Airways, Nok Air, Freedom Air, JAL Express
The contents of this report are as follows:
1 Introduction 1
2 The Airlines 5
3 LCA Development in Asia 11
4 Building Economies through Aviation 37
5 Service Opportunities 44
6 From Potential to Prospects 52
7 Implications for Airports 67
8 The Next Steps ? Modifying the Regulatory Environment 75
List of Tables
List of Figures
For more information visit http://www.researchandmarkets.com/reports/c9583
Laura Wood
Senior Manager
Research and Markets
e-mail protected from spam bots
Fax: +353 1 4100 980