The low cost long-haul movement is a bit like a bottle of sparkling wine ready to be cracked open. The wire collar of market access is turning as a result of progressive liberalisation, while the foil cover of high widebody prices and lack of availability of aircraft could be starting to peel away. Once Airbus and Boeing get on top of their widebody production issues, the low cost long-haul bottle could be well and truly shaken and ready to burst forth spectacularly. Oil prices and the state of the global economy will, however, ultimately determine the amount of fizz.
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