Myanmar has seen a large influx of low-cost carrier capacity over the last 18 months as the two longstanding LCC players in the market, AirAsia and Jetstar, have expanded, while three LCCs have entered. LCC traffic in Myanmar’s international market grew by 70% in 2013 as the penetration rate increased from 20% to 26%.
But the expansion has come at a cost as LCC load factors in Myanmar’s two largest international markets, Thailand and Singapore, have tumbled as competition has intensified. The average LCC international load factor in Myanmar was only 63% in 2013.
Market conditions should eventually improve as demand catches up with supply. But consolidation and/or capacity cuts are likely in the near term.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: firstname.lastname@example.org