eTN, 06 March 2007
A “full frontal attack” on Asia Pacific flag carriers this year is predicted by the Centre for Asia Pacific Aviation in its annual review of the prospects for the Asia Pacific aviation industry.
The 181-page Aviation Outlook report for 2007 provides a critical assessment of the structural, financial and traffic/capacity outlook for the Asia Pacific aviation industry. “It is clear that the role of LCCs and other start-up airlines enters a new phase in 2007”, said the Centre’s Executive Chairman, Peter Harbison, launching the report in Sydney today. “From being unlikely arrivals three years ago, to quickly becoming an obviously serious long-term force, recent developments suggest that the new breed of LCC will quickly dominate the entire airline agenda in Asia”.
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