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LCCs driving tourism growth: PATA

(Singapore:

09 November 2006) The continuing trend of aviation liberalisation and the corresponding growth in the low cost airline sector has had significant impact on the continuing revival of the region’s tourism figures, noted John Koldowski of the Pacific Asia Travel Association at Outlook 2007. “The spread of low cost carrier service has brought more city pairs together and has significantly helped the overall sector grow,” he said.

Outlook 2006

Mr Koldowski, Managing Director of PATA’s Strategic Intelligence Centre, stated that the international arrivals into the region hit 331 million in 2005. Although continued growth is potentially at risk to volatility factors like government travel advisories and the threat of terrorism, PATA remains “bullish” on the sector’s long-term prospects. “The key issue will not be stimulating demand for travel to Asia, it will be managing it,” he said.

Outlook 2007 is the Centre for Asia Pacific Aviation’s annual examination of the prospects for the Asia Pacific airline industry. Convening in Singapore with the participation of 30 CEOs and 380 vital stakeholders from all components of the aviation sector, Outlook 2007 and the CAPA Aviation Awards for Excellence is the year’s premier gathering of the region’s aviation decision makers, providing a forum for dialogue between leaders from the airline, airport, supplier and regulatory communities.

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