LCCs Can Be Blessing And Curse For Asian Majors

Credit: Michael B. Ing/Airlinersgallery.com
For Asia's legacy airlines, the rapid rise of low-cost carriers is something of a double-edged sword. The LCCs offer both threat and opportunity for the full-service giants—and which outcome prevails depends on how deeply they embrace the trend and shape it to their advantage. The Asia-Pacific...

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