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1. asiafundmanagers.com › int › low-cost-carriers-asiaLow Cost Carriers Asia: Fast Growth and Fierce Competition

   asiafundmanagers.com › int › low-cost-carriers-asia

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   Jan 4, 2020 · A drop in passengers could well fuel more diversification and new market moves amongst Asia’s carriers as well as a continuing price-war amongst the many LCCs vying for their share of the low-cost carrier market in Asia.

2. journals.sagepub.com › doi › fullEconomic impact of low-cost carrier in a saturated transport ...

   journals.sagepub.com › doi › full

   Aug 28, 2018 · The introduction of low-cost carriers (LCCs) can improve the accessibility of destinations, stimulate suppressed demand, and offer transportation attractive to lower income residents.

   • Author: Stephen Pratt, Markus Schuckert

   • Publish Year: 2019

3. www.advito.com › resources › the-surge-of-low-costThe surge of low-cost carriers in Asia - Advito

   www.advito.com › resources › the-surge-of-low-cost

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   In the Philippines there are ten LCCs currently in operation, making up around 55% of all scheduled flights. However, only three LCCs cover 97% of all LCC flights. Together with its regional division Cebgo, Cebu Pacific operates 81% of LCC flights, leaving the local AirAsia subsidiary with 16%.

4. www.statista.com › topics › 6024Low-cost carrier market worldwide - statistics & facts | Statista

   www.statista.com › topics › 6024

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   Dec 18, 2023 · LCCs’ business innovation to achieve high efficiency in terms of passenger load factor, competitive cost reduction, and organizational structure fulfilled the market demand while creating...

5. www.sciencedirect.com › science › articleLow-cost carriers in Asia: Deregulation, regional ...

   www.sciencedirect.com › science › article

   Jan 1, 2008 · The leading LCC in Asia is AirAsia, based in Malaysia. The former loss-making full-service airline was taken over by new owners in late 2001 and was then re-launched as a low-cost carrier. Since its re-launch AirAsia has expanded rapidly and helped grow the domestic market.

   • Author: Anming Zhang, Shinya Hanaoka, Hajime Inamura, Tomoki Ishikura

   • Publish Year: 2008

6. centreforaviation.com › analysis › reportsLCCs in Asia Pacific: two decades of steady market share ...

   centreforaviation.com › analysis › reports

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   Jan 17, 2019 · Seven Asian countries, including India, Indonesia, Malaysia, the Philippines, South Korea, Thailand, and Vietnam, have domestic LCC penetration rates above 50%. Of the 20 largest markets in Asia Pacific, 16 have LCC international penetration rates above the global average of 13%.

7. People also ask

   What are the major LCCs in Southeast Asia?

   • Information of major Southeast Asian LCCs is given in Table 2. The leading LCC in Asia is AirAsia, based in Malaysia. The former loss-making full-service airline was taken over by new owners in late 2001 and was then re-launched as a low-cost carrier. Since its re-launch AirAsia has expanded rapidly and helped grow the domestic market.

   Low-cost carriers in Asia: Deregulation, regional liberalization and

   www.sciencedirect.com/science/article/pii/S0739885909000110

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   Why is LCC a good company?

   • LCCs’ business innovation to achieve high efficiency in terms of passenger load factor, competitive cost reduction, and organizational structure fulfilled the market demand while creating distinctly affordable market possibilities for millions of travelers with a constrained budget.

   Low-cost carrier market worldwide - statistics & facts

   www.statista.com/topics/6024/low-cost-carrier-market-worldwide/

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   What are the disadvantages of LCCs in Asia?

   • One disadvantage of these carriers in Asia, as compared to their counterparts in the US, Canada and EU, is the smaller geographic areas of economies. China does have a large domestic airline market; nevertheless, as elaborated in the paper, its various regulatory barriers make entry and growth of LCCs difficult.

   Low-cost carriers in Asia: Deregulation, regional liberalization and

   www.sciencedirect.com/science/article/pii/S0739885909000110

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   What percentage of Asia Pacific seats are LCCs?

   • LCCs accounted for 29% seat capacity within Asia Pacific in 2018, compared to 14% in 2008 and virtually zero in 1998. LCCs now account for more than 50% of domestic capacity in seven Asian markets. LCCs now account for more than 30% of international capacity in six Asian markets.

   LCCs in Asia Pacific: two decades of steady market share gains

   centreforaviation.com/analysis/reports/lccs-in-asia-pacific-two-decades-of-steady-market-share-gains-456096

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   Is Asia Pacific the world's largest LCC market?

   • By early 2019, CAPA declared Asia Pacific the world’s largest LCC market and pointed to the rapid growth in the region. In 2009 there were still only 400 LCC aircraft, there are now 1,900 with a further 2,400 aircraft on order for Asia’s low cost carriers. The Asia Pacific region made up 35% of global LCC seats in 2018.

   Low Cost Carriers Asia: Fast Growth and Fierce Competition

   asiafundmanagers.com/int/low-cost-carriers-asia/

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   Are Asian LCCs a good choice for business travel?

   • Just like their counterparts in other regions, Asian LCCs originally focused on leisure traffic at the lowest possible fares. But they are slowly starting to target corporate travel. The good news for the business traveler is that LCCs represent a solid alternative to traditional carriers, especially on shorter flights.

   The surge of low-cost carriers in Asia | Advito

   www.advito.com/resources/the-surge-of-low-cost-carriers-in-asia/

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8. centreforaviation.com › analysis › reportsOutlook 2023: Asia-Pacific LCCs are leveraging favourable ...

   centreforaviation.com › analysis › reports

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   Dec 16, 2022 · Asia-Pacific low-cost carriers (LCCs) are rapidly increasing their capacity and are expected to recover faster than full-service carriers, capitalizing on the rebound in leisure travel demand in the region.