Growing pains - LCC subsidiaries getting too big for their booties?
The parents of some Asia Pacific LCCs are having to learn to
live with the increasing independence of (and in some cases, direct competition
with) their subsidiary airlines. It is a situation that will only increase,
as LCCs (including the units of full service carriers) double their share of
the Asia Pacific market to around 25% within five years, on the back of significant
aircraft orders. [461 words]