A surge in capacity for Asia Pacific and Middle East airlines will result in one of the busiest years in new airline activity in the region this decade, according to a Centre for Asia Pacific Aviation (CAPA) news release today. Several carriers are also preparing to establish offshore hubs through cross-border JVs, as well as through the utilisation of increasing rights available under more liberal air services agreements. Extra domestic hubs are also planned by some carriers. The projected deliveries of many new aircraft in 2008, combined with the proliferation of new entrants and a possible global economic downturn will result in the most competitive airline conditions ever seen in Asia. For airports, these developments will provide unprecedented route expansion and traffic growth opportunities. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
20080114
Priority Travel News: Asia Pacific airline capacity spurs new airline entry, offshore bases
A surge in capacity for Asia Pacific and Middle East airlines will result in one of the busiest years in new airline activity in the region this decade, according to a Centre for Asia Pacific Aviation (CAPA) news release today. Several carriers are also preparing to establish offshore hubs through cross-border JVs, as well as through the utilisation of increasing rights available under more liberal air services agreements. Extra domestic hubs are also planned by some carriers. The projected deliveries of many new aircraft in 2008, combined with the proliferation of new entrants and a possible global economic downturn will result in the most competitive airline conditions ever seen in Asia. For airports, these developments will provide unprecedented route expansion and traffic growth opportunities. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News
