Mergers no option in bleak Asian airline environment

LCC capacity share has risen 1.9 ppts over the past 12 months as the LCCs grew their capacity by 15.7%, against overall industry capacity growth of just 2.7%.

We are now well into the current earnings season and airlines across are almost universally deeply in the red. At present there is no obvious reason for optimism in the region’s airline sector. Some isolated hints of wider economic improvement are showing, but at this stage it may take some time to distinguish them from the immediate effects of government financial stimuli.
If you want to know more, please refer to:
http://www.centreforaviation.com/news/2009/08/12/mergers-no-option-in-bleak-asian-airline-environment/page1
If you want to know more, please refer to:
http://www.centreforaviation.com/news/2009/08/12/mergers-no-option-in-bleak-asian-airline-environment/page1