Capacity discipline that helped keep world airlines results aloft in 2010 may be eroding in 2011, particularly in the powerhouse Asia-Pacific region, Association of Asia-Pacific Airlines (AAPA) data suggest. The risk of overcapacity in the region began to appear early this year, when Jetstar, Tiger Airways, AirAsia, Lion Air, SpiceJet, IndiGo and Hong Kong Airlines announced aggressive capacity growth plans for 2011. Confidence in the region’s demand growth played out at this year’s ...

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