22-Jun-2007 11:57 AM
Asia Pacific LCC market share to double to 25pct by 2012
Analysis
A swag of new orders by Asia Pacific LCCs will propel the sector
to 25% of total seats in the region within five years - double their current
penetration, based on latest estimates from the Centre for Asia Pacific Aviation.
Growth in LCC fleets in the region (based on known orders), will rise from about
300 aircraft with 45,000 seats to approximately 870 aircraft by 2012 with 170,000
seats - almost a four-fold increase.
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