Yvo and utiket

Low-cost airlines in Asia: Too much of a good thing

26 May 2014 00:13:19

economist.com

SOUTH-EAST ASIA'S low-cost airlines have gone from feast to famine. Cheap, short-haul, no-frills flying came late to the region, but people have taken to it eagerly. In just ten years, according to the Centre for Asia Pacific Aviation (CAPA), a research firm in Sydney, low-cost carriers' share of the region's aviation market has soared from almost nothing to 58%. In Europe, where cheap airlines have been flying for much longer, easyJet and its fellows account for only about 40%. Now South-East Asia's skies are looking crowded.


Read full story: economist.com

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