Discount carriers fight for Asian business

Discount carriers fight for Asian businessThe cut throat Asian low-cost airline industry is getting more competition from a new venture by Singapore Airlines to lure international travelers on medium and long haul routes.  The company also owns SilkAir, a regional carrier, and a stake in Tiger, a short haul carrier in the area.  The new venture would be opened within a year, and would be run separately from Singapore Airlines.

Many fear an oversaturation of the market, as Qantas operates JetStarAsia and AirAsia has AirAsiaX, both low-cost carriers in Southeast Asia. The upside to the competition will be that travelers might actually have the upper hand against the airlines, as routes will increase and prices will decrease as the companies struggle for whatever passengers they can get.

 



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The cut throat Asian low-cost airline industry is getting more competition from a new venture by Singapore Airlines to lure international travelers on medium and long haul routes.  The company also owns SilkAir, a regional carrier, and a stake in Tiger, a short haul carrier in the area.  The new venture would be opened within a year, and would be run separately from Singapore Airlines. Many fear an oversaturation of the market, as Qantas operates JetStarAsia and AirAsia has AirAsiaX, both low-cost carriers in Southeast Asia. The upside to the competition will be that travelers might actually have the upper...

Discount carriers fight for Asian businessThe cut throat Asian low-cost airline industry is getting more competition from a new venture by Singapore Airlines to lure international travelers on medium and long haul routes.  The company also owns SilkAir, a regional carrier, and a stake in Tiger, a short haul carrier in the area.  The new venture would be opened within a year, and would be run separately from Singapore Airlines.

Many fear an oversaturation of the market, as Qantas operates JetStarAsia and AirAsia has AirAsiaX, both low-cost carriers in Southeast Asia. The upside to the competition will be that travelers might actually have the upper hand against the airlines, as routes will increase and prices will decrease as the companies struggle for whatever passengers they can get.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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