Asian Airlines: Trends To Watch In 2014
By Adrian Schofield, Bradley Perrett
Source: Aviation Week & Space Technology
The Asia-Pacific region is so vast and diverse that it often defies definition as an airline industry bloc. However, some broad trends are noticeable in many markets. For example, the low-cost carrier sector is still in the rapid development phase, meaning high growth and increasing pressure for legacy carriers. At the same time, some of the major carriers are struggling with increased competition and falling demand in their home markets.
Below are trends from five different countries or market segments that are likely to have a significant impact in 2014. In some markets the actions of individual airlines are expected to be of greatest interest, while in others common threads emerge.