Whole-life cost

February 12, 2014 - 2:50am

Low-cost carriers (LCCs) have succeeded in Southeast Asia more than in perhaps any other part of the world. Whereas LCCs carry around 26 percent of global traffic, in countries such as Indonesia, Malaysia, Thailand and the Philippines that figure has exceeded 50 percent. With China’s skies being opened to LCCs the expansion in the Asia Pacific region is set to carry on.

 
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