Bombardier Services Singapore VP sales Asia Pacific Torbjorn Karlsson, speaking at the CAPA Australia Pacific Aviation Summit, stated (08-Aug-2013) there is a need for network carriers in the Asia Pacific to capture other market segments. Asian LCCs have been successful in the region, capturing more than 50% of seat capacity, but have not created multi-level operations. Mr Karlsson also commented that fleet replacement in the Asia Pacific will be driven by fuel prices, aircraft technologies and fleet age. Bombardier sees differing risk profiles within the region for carriers introducing new aircraft types, with smaller carriers in small markets having the greatest operational and financial risk, despite the importance of aviation to local economies.
8-Aug-2013 5:38 PM