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

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More fierce competition among Southeast Asia’s airlines is expected this year. Photo: Alamy
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