North Asia region will attract a significant number of new low-cost carriers, according to the Centre for Asia Pacific Aviation. "We are at the point of what should be a major increase in low-cost air travel across the north of the region," said CAPA MD Peter Harbison. At least 12 new airlines are expected to begin operations over the next 12 months in Macau, China, Hong Kong, South Korea and Japan. Harbison said the big issue is how fast governments are prepared to liberalize. "We think ...

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