27-Nov-2009 11:30 AM
LCCs in Japan, Korea and China. Massive growth potential to be realised in the next decade
Analysis
The second decade of the 21st century will see low cost airlines arrive on a massive scale in North Asia. The region has not seen significant low cost airline entry to date - one of the few parts of the world to have missed the phenomenon. It is a major anomaly in this respect, because the geography, economy and demography of the three neighbouring countries of Japan, South Korea and China offer near-ideal conditions for LCC growth.
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