Eight years after AirAsia launched the low-fare revolution across the Asia/Pacific region, LCCs are popping up everywhere.
The tide is irreversible and it is comingto more and moredestinations in the Asia/Pacific region every week. Low-cost carriers, which accounted for just 1.1% of Asia/Pacific air travel in 2001, captured 15.7% of the market last year, carrying one of every six travelers. Airbus predicts LCCs will hold 20% of the market by 2012. In early August, one of the final barriers to their spread across Asia was swept away when Thai International Airways and Singapore-based Tiger Airways teamed ...
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