More fierce competition among Southeast Asia’s airlines is expected this year. Photo: Alamy
Asia’s aviation industry is booming, so why isn’t it making money?
- Only six of the 20 publicly traded airlines based in the region made a profit in the last reported quarter
- Revenues have taken a hit from falling fares and increased competition from rapidly expanding budget carriers
Topic |
Aviation
More fierce competition among Southeast Asia’s airlines is expected this year. Photo: Alamy
Oneworld represents heavyweight airlines Cathay Pacific, British Airways, American Airlines and Qantas. Photo: Shutterstock
Airline alliance Oneworld, which represents Cathay Pacific, British Airways, American Airlines and Qantas, rolls out tech upgrades ‘to stay relevant’
- Travellers flying with more than one airline in the same journey will only need to check in, obtain boarding passes and access their itinerary from one carrier
Topic |
Aviation
Oneworld represents heavyweight airlines Cathay Pacific, British Airways, American Airlines and Qantas. Photo: Shutterstock