Southeast Asia LCC aircraft fleet approaches 700 aircraft following 10% expansion in 2017
Southeast Asia’s LCC fleet expanded by 10% in 2017 and will soon surpass 700 aircraft. The rate of fleet growth accelerated from 7% in 2016, but was slower than the 13% achieved in 2015 and the 16% in 2014.
There are currently 20 LCCs in Southeast Asia operating of the order of 690 aircraft, according to the CAPA Fleet Database. Vietnam’s VietJet Air had the fastest-expanding fleets in 2017, adding 17 aircraft and overtaking three airlines to become the fifth largest LCC in Southeast Asia, based on fleet size.
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