Quantcast
Transport Airlines

The Top Low-Cost Carriers in Southeast Asia

Excerpt from AirlineLeader

Sep 11, 2013 1:00 am

Skift Take

Low cost carriers have completely taken over the Southeast Asia market and giants like AirAsia have emerged. Every other region is watching this region to see what new innovation in LCC market comes next.

— Rafat Ali

Free Report: The State of Chinese Outbound Market Travel

The Future of Personalized Marketing In Travel

Southeast Asia continues to experience rapid low cost carrier expansion even though some key markets are approaching saturation. The region’s LCC fleet is poised to grow by about 20% in 2013, surpassing over 500 aircraft at year-end. With some of the largest airline orders in recent years coming from ASEAN-focused LCC groups, rapid growth for the sector is assured for the medium to long term.

But opportunities still remain for LCC market share gains in some countries, particularly Myanmar and Vietnam. These important pioneer markets have the lowest LCC penetration rates among the seven main ASEAN countries but LCC start-ups from both countries are expanding rapidly.

graph1

Read the Complete Story →

Next Up

More on Skift

Best Travel Ads This Week: Showing Appreciation at Year’s End
Airbnb Works With Amsterdam to Collect Taxes, Clarify Rules
What Travel’s Top CEOs Have to Say About Consumers’ Mobile Habits
Watch This Free Webinar on Using Twitter to Increase Travel and Tourism