Low-Cost Carriers See Strong Demand Despite Headwinds
AirAsia’s network recovery has been hampered by maintenance bottlenecks.
Credit: David Velupillai/Airbus
Around the world, low-cost carriers are hoping to capitalize on ongoing post-pandemic pent-up demand. Their expectation is that high inflation will favor no-frills fares—but they also face the risk that economic difficulties will deter some consumers from traveling altogether. Against that backdrop...
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