Southeast Asia: Turbulence in one of the world’s hottest emerging markets | Airline Leader

Southeast Asia has established itself as one of the world’s fastest growing aviation markets – and has huge potential for more rapid growth. Nearly all of the 10 countries that comprise ASEAN have robust economies and expanding middle classes, resulting in a favourable environment for airlines. Low-cost carriers, which already account for about 60% of capacity within Southeast Asia and have driven most of the region’s passenger growth over the past decade, are particularly well positioned as demand continues to rise. However, Southeast Asia has become one of the world’s most challenging markets over the past year due to intense competition and overcapacity. To view CAPA’s full report, click here.

Source: www.airlineleader.com

Unknown's avatar

Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

Posted in Uncategorized

Leave a comment