Moves by All Nippon Airways (ANA) to strengthen its low-cost carrier (LCC) portfolio demonstrate how Asia-Pacific airline groups are increasingly viewing this sector as a key pillar in their long-term strategies. For all the discussion about the region’s LCCs threatening the business models of the full-service carriers, many of the Asian budget airlines actually are subsidiaries of the legacy giants. The majors are no longer merely dipping their toes into the LCC pool, or preempting ...

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