Asia's lion share

At first glance, the Asia-Pacific region seems to have it all. Soaring demand of the like only dreamed about by airlines in the OECD has led to national carriers expanding and a plethora of start-up airlines, not to mention the slow awakening of China, the region's sleeping giant. However, incr...

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Bibliographic Details
Published in:Airfinance journal 1996-12 (190), p.29
Main Author: Collett, Naomi
Format: Article
Language:English
Subjects:
Aircraft industry
Airline industry
Airlines
Aviation
Business conditions
Competition
Leasing
Lessors
Market potential
Operating leases
Privatization
Purchasing
Startups
Online Access:Get full text
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Summary:At first glance, the Asia-Pacific region seems to have it all. Soaring demand of the like only dreamed about by airlines in the OECD has led to national carriers expanding and a plethora of start-up airlines, not to mention the slow awakening of China, the region's sleeping giant. However, increased activity has already spawned a number of regionally based players snapping at the heels of mega-lessors, themselves intent on boosting activity. Although deliveries are low, with airline revenue mirroring the region's high macroeconomic performance and demand for both regional and international routes, inducing rapid expansion by local airlines the Asia-Pacific is widely viewed as the world's fastest-growing airline market. Lessors such as US-based ILFC are convinced that high rates of growth will be reflected in the number of operating leases that will be used.
ISSN:0143-2257